Sonos downgraded by Morgan Stanley with a new price target
$SONO
Consumer Electronics/Appliances
Consumer Staples
Morgan Stanley downgraded Sonos from Overweight to Underweight and set a new price target of $11.00 from $25.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/26/2024 | $25.00 → $11.00 | Overweight → Underweight | Morgan Stanley |
| 8/8/2024 | $25.00 → $10.00 | Buy → Hold | Craig Hallum |
| 12/12/2023 | $17.00 → $20.00 | Equal-Weight → Overweight | Morgan Stanley |
| 11/7/2023 | $20.00 → $12.00 | Buy → Neutral | BofA Securities |
| 9/20/2023 | $20.00 | Buy | Rosenblatt |
| 9/8/2023 | $20.00 | Buy | Craig Hallum |
| 6/15/2022 | $38.00 → $28.00 | Overweight → Equal-Weight | Morgan Stanley |
| 2/3/2022 | $49.00 → $45.00 | Overweight | Morgan Stanley |
The company released its 2024 Listen Better Report, detailing actions to embed sustainability into its newest products Today, Sonos (NASDAQ:SONO) released its annual Listen Better Report, offering a comprehensive overview of the company's Environmental, Social, and Governance (ESG) efforts. Included in the Report are actions taken under Sonos' Climate Action Plan, introduced in 2021, which serves as a framework to drive the company to carbon neutrality by 2030 and net zero by 2040. "At Sonos, we aim to build products and experiences that bring joy to people, and to do it in a responsible way," said Patrick Spence, Sonos CEO. Drawing a parallel between sound quality and sustainability, h
With a sleek design and premium sound, Era 100 Pro brings simplified setup with PoE+, versatile orientation via a pro-grade mount, and more customizable control with zones, a new software tool to manage larger scale installations Sonos (NASDAQ:SONO) today announced that Era 100 Pro, its first-ever solution optimized for professional installation in light-commercial and residential spaces, is now available for pre-order and will ship starting January 28, 2025. Exclusively sold in pairs through select Sonos partners specializing in professional installation, Era 100 Pro will be available alongside Era 100 Pro Surface Mount (sold separately), which delivers flexible mounting for a variety of
Sonos, Inc. (NASDAQ:SONO) today reported fourth quarter and fiscal 2024 results. "Thanks to our team going all-in on our app recovery efforts, we made significant progress in bringing the quality of our software to a level that we're all proud of, which enabled us to launch our highly anticipated new products, Arc Ultra and Sub 4, in time for the holidays," Sonos CEO Patrick Spence commented. "Initial feedback on our new products has been very positive, which, along with the introduction of Ace earlier this year, makes our product lineup the strongest it's ever been. Sonos is still the best home audio system, and we're focused on using this industry-leading product lineup to acquire more
Bracken's appointment bolster Sonos' Board of world-class leaders Sonos, Inc. (NASDAQ:SONO) today announced the appointment of Bracken Darrell, President and CEO of VF Corporation, to its Board, effective Feb. 12, 2024. "With Bracken's excellent track record leading world-class product companies and his deep experience in our space, we are delighted to welcome him to the Board. We're excited about the value he can add as Sonos continues its journey to become the world's leading sound experience company," said Julius Genachowski, Chair of the Sonos Board. Bracken has a long history and proven experience in business leadership, product innovation, and brand management roles. Prior to jo
Jonathan's appointment bolsters Sonos board of world-class leaders Sonos, Inc. (NASDAQ:SONO) today announced the appointment of Jonathan Mildenhall, Chief Marketing Officer of the Rocket Companies, to its board, effective Jan. 25, 2024. "With his outstanding experience building exceptional brands, Jonathan will make great contributions as Sonos continues its journey to become the world's leading sound experience company," said Julius Genachowski, Chair of the Sonos Board. Prior to joining the Rocket Companies as Chief Marketing Officer, Jonathan co-founded TwentyFirstCenturyBrand, one of the most influential brand-building companies, and has a long history in leadership, brand-buildin
Current CFO and CLO Eddie Lazarus to assume Chief Legal and Strategy Officer role Sonos, Inc. (NASDAQ:SONO) today announced that industry leading corporate finance executive Saori Casey will join the company's executive leadership team as its new Chief Financial Officer, effective January 22, 2024. Saori will oversee all financial, accounting, real estate, technology, and investor relations functions within the company. Saori succeeds current CFO Eddie Lazarus, who will take on the new role of Chief Strategy Officer while retaining existing duties as Chief Legal Officer. Saori brings more than 30 years of corporate finance experience, with nearly 13 years serving as Vice President of Fi
10-K - Sonos Inc (0001314727) (Filer)
8-K - Sonos Inc (0001314727) (Filer)
8-K - Sonos Inc (0001314727) (Filer)
4 - Sonos Inc (0001314727) (Issuer)
4 - Sonos Inc (0001314727) (Issuer)
4 - Sonos Inc (0001314727) (Issuer)
Morgan Stanley downgraded Sonos from Overweight to Underweight and set a new price target of $11.00 from $25.00 previously
Craig Hallum downgraded Sonos from Buy to Hold and set a new price target of $10.00 from $25.00 previously
Morgan Stanley upgraded Sonos from Equal-Weight to Overweight and set a new price target of $20.00 from $17.00 previously
Sonos, Inc. (NASDAQ:SONO) today reported fourth quarter and fiscal 2024 results. "Thanks to our team going all-in on our app recovery efforts, we made significant progress in bringing the quality of our software to a level that we're all proud of, which enabled us to launch our highly anticipated new products, Arc Ultra and Sub 4, in time for the holidays," Sonos CEO Patrick Spence commented. "Initial feedback on our new products has been very positive, which, along with the introduction of Ace earlier this year, makes our product lineup the strongest it's ever been. Sonos is still the best home audio system, and we're focused on using this industry-leading product lineup to acquire more
Sonos, Inc. (NASDAQ:SONO) today announced that after market close on Wednesday, November 13, 2024 the company will report financial results for the fourth quarter and fiscal year ended September 28, 2024. The company will issue a press release and accompanying slide presentation at that time which will be accessible at https://investors.sonos.com/reports-and-filings/default.aspx#section=earningsreports. The company will host a conference call and Q&A to discuss the results on the same day at 5:00 p.m. Eastern Time. A live webcast of the conference call and Q&A will be accessible at https://investors.sonos.com/news-and-events/default.aspx. A replay of the webcast and transcript will be avai
Sonos, Inc. (NASDAQ:SONO) today reported third quarter fiscal 2024 results. "Thanks to Ace, our long-awaited entry into headphones, we reported year over year revenue growth and delivered results that slightly exceeded our expectations in our third quarter," Sonos CEO Patrick Spence commented. "This was overshadowed by the problems that our customers and partners experienced as a result of the rollout of our new app, which in turn has required us to reduce our Fiscal 2024 guidance. We have a clear action plan to address the issues caused by our app as quickly as possible. While our app setback is regrettable, it is one chapter in our over twenty years of delighting customers. I speak for
SC 13G/A - Sonos Inc (0001314727) (Subject)
SC 13G - Sonos Inc (0001314727) (Subject)
SC 13G/A - Sonos Inc (0001314727) (Subject)
Gainers Sacks Parente Golf (NASDAQ:SPGC) shares moved upwards by 9.3% to $0.56 during Wednesday's after-market session. The company's market cap stands at $8.1 million. J-Long Group (NASDAQ:JL) shares moved upwards by 9.11% to $0.53. The market value of their outstanding shares is at $16.6 million. Jowell Global (NASDAQ:JWEL) stock rose 6.46% to $2.14. The market value of their outstanding shares is at $4.6 million. Delta Apparel (AMEX:DLA) stock rose 5.6% to $0.94. The market value of their outstanding shares is at $6.6 million. Nerdy (NYSE:NRDY) shares rose 4.93% to $1.89. The market value of their outstanding shares is at $205.8 million. Sonos (NASDAQ:SONO) shares rose 4.73% to $15.
Last week, the Ace headphones from Sonos Inc. (NASDAQ:SONO) were released. Now Bloomberg columnist Mark Gurman reports that users who have tried these $499 headphones think they have “decidedly superior sound” compared to Apple Inc.’s (NASDAQ:AAPL) AirPods Max. What Happened: In his latest installment of the weekly “Power On” newsletter, Gurman stated that Sonos’ Ace headphones come with contemporary features like active noise cancellation and Wi-Fi-based syncing with the Sonos Arc sound bar. This feature enables users to access TV content with the Arc acting as an intermediary. The headphones also feature faux leather earcups and, according to initial users, provide superior sound qu
Gainers Funko (NASDAQ:FNKO) stock rose 13.6% to $7.75 during Thursday's after-market session. The company's market cap stands at $415.0 million. As per the press release, Q1 earnings came out today. Interactive Strength (NASDAQ:TRNR) shares rose 10.03% to $0.17. The company's market cap stands at $3.3 million. Sweetgreen (NYSE:SG) stock moved upwards by 5.51% to $24.86. The company's market cap stands at $2.8 billion. The company's, Q1 earnings came out today. Groupon (NASDAQ:GRPN) stock moved upwards by 4.71% to $11.0. The market value of their outstanding shares is at $430.0 million. As per the press release, Q1 earnings came out today. Rent the Runway (NASDAQ:RENT) shares moved upwar