Sonos Q1/2026 Shows Little Progress; CEO Gives Clues to His Turnaround Plan
Sonos, Inc. reported its Q1 2026 financial results, revealing a slight revenue decline but a significant increase in profits due to aggressive cost-cutting measures, including layoffs and reduced R&D and marketing spending. CEO Tom Conrad outlined a five-point turnaround strategy focusing on product innovation, customer advocacy, intentional marketing, geo-expansion, and AI integration, though the article questions the feasibility and clarity of some aspects. The company's immediate future remains uncertain, with guidance for Q2 2026 suggesting flat revenue growth.
Sonos, Inc. $SONO Position Cut by NewEdge Wealth LLC
NewEdge Wealth LLC significantly reduced its stake in Sonos (NASDAQ:SONO) by 24.3% in the third quarter, now holding 287,261 shares valued at $4.78 million, despite other institutional investors increasing their positions. Sonos reported stronger-than-expected earnings and revenue but saw a year-over-year revenue decline and a negative net margin. Analysts maintain a "Moderate Buy" consensus with an average price target of $20.00, while the stock trades around $15.66.
Sonos' big comeback is a streaming box
After a challenging year for Sonos, marked by a problematic app revamp, the company is reportedly planning a major new product: an Android-based streaming box codenamed Pinewood. This device, expected to launch in 2025 and priced between $200 and $400, will offer a unified streaming experience from various platforms and integrate seamlessly with Sonos' existing audio ecosystem. Despite strong competition in the streaming box market, this product is seen as Sonos' crucial step to regain user trust and enter a new growth category.
Wall Street Analysts Think Sonos (SONO) Could Surge 28.21%: Read This Before Placing a Bet
Wall Street analysts project Sonos (SONO) could see a 28.21% surge, with a mean price target of $20.00. While price targets alone can be misleading, strong agreement among analysts on upward earnings estimate revisions, coupled with a Zacks Rank #1 (Strong Buy), suggests potential upside for the stock. Investors are advised to use price targets as a starting point for research rather than the sole basis for investment decisions.
Coliseum capital buys Sonos (SONO) shares worth $10.1m
Coliseum Capital Management recently acquired over $10.1 million worth of Sonos Inc. (NASDAQ:SONO) common stock through three separate transactions between February 12 and February 17, 2026. These purchases increased Coliseum Capital's total holdings in Sonos to over 16.3 million shares. The transactions follow Sonos's strong Q1 2026 earnings, which surpassed analyst expectations and led Rosenblatt Securities to maintain a Buy rating with a $21.00 price target.
Sonos (NASDAQ:SONO) Major Shareholder Purchases $4,048,485.40 in Stock
Coliseum Capital Management, L, a major shareholder in Sonos (NASDAQ:SONO), recently purchased 257,210 shares of the company's stock for $4,048,485.40. This transaction, along with other recent aggressive acquisitions totaling approximately $21.7 million, increased their direct stake to over 16 million shares. Sonos currently holds a "Moderate Buy" consensus rating from analysts, with an average target price of $20.00, despite a negative full-year EPS forecast.
Insider Buying: Sonos (NASDAQ:SONO) Major Shareholder Acquires $1,611,000.00 in Stock
Major Sonos shareholder Coliseum Capital Management acquired 100,000 shares of Sonos (NASDAQ:SONO) stock valued at $1,611,000.00 on February 12th, bringing their direct ownership to over 15.7 million shares. This is part of a larger buying trend by Coliseum, which purchased approximately 1.38 million shares for $21.7 million between February 4th and 17th. Despite a positive Q3 EPS beat, Sonos still has a negative net margin, though analysts maintain a "Moderate Buy" rating with a $20 average price target for the company, which specializes in wireless home audio systems.
Coliseum capital buys Sonos (SONO) shares worth $10.1m
Coliseum Capital Management and related entities recently purchased Sonos Inc (NASDAQ:SONO) shares totaling $10.1 million across three transactions in mid-February 2026. These purchases increased their holdings to over 16.3 million shares. This news follows Sonos's strong first-quarter 2026 earnings, which significantly surpassed analyst expectations in both EPS and revenue, leading Rosenblatt Securities to maintain a Buy rating with a $21 price target.
Sonos Appoints Tom Conrad as Chief Executive Officer
Sonos announced the appointment of Tom Conrad as its Chief Executive Officer, effective immediately. Conrad has served as Interim CEO since January and has been confirmed in the role after a comprehensive search. The Board expressed confidence in his leadership to drive innovation and growth for the company's future.
Sonos, Inc. (NASDAQ:SONO) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Sonos, Inc. (NASDAQ:SONO) has been given a consensus "Moderate Buy" rating by analysts, with an average 12-month price target of $20. Recent analyst actions include upgrades from Wall Street Zen and Zacks Research, while Morgan Stanley and Rosenblatt Securities reaffirmed ratings. The company recently reported Q4 earnings of $0.93 EPS, beating estimates, with revenue of $545.66 million, despite a slight year-over-year decline.
The Top 5 Analyst Questions From Sonos's Q4 Earnings Call
Sonos delivered flat sales but outperformed on profitability in Q4, attributed to cost control and product mix. CEO Tom Conrad highlighted structural changes, fiscal discipline, and efforts to strengthen the Sonos system. Analysts questioned the company on memory cost inflation, the impact of the new CMO, AI integration plans, market health, and strategic changes under Conrad's leadership.
Allianz Asset Management GmbH Acquires 255,982 Shares of Sonos, Inc. $SONO
Allianz Asset Management GmbH significantly increased its stake in Sonos, Inc. (NASDAQ:SONO) by 125.9% in the third quarter, acquiring an additional 255,982 shares to bring its total holdings to 459,224 shares valued at approximately $7.26 million. Sonos recently exceeded earnings and revenue estimates for the quarter, reporting $0.93 EPS and $545.7M revenue, though it had a negative net margin. Analyst sentiment for Sonos is mixed, with an average "Hold" rating and a target price near $20.00.
Sonos (SONO) Is Up 19.0% After Margin Gains And Buybacks Offset Flat Sales - Has The Bull Case Changed?
In early February 2026, Sonos reported flat sales but improved profits and operating margins due to cost controls and a share repurchase program. The company also launched a new product and filed for a new employee stock plan, posing a nuanced investment narrative between cost discipline, potential dilution, and innovation. Investment discussions revolve around the sustainability of margin gains and the balance between cost-cutting and R&D.
Sonos (NASDAQ:SONO) Major Shareholder Acquires $442,327.76 in Stock
Coliseum Capital Management, L, a major shareholder in Sonos (NASDAQ:SONO), recently acquired an additional 26,824 shares valued at $442,327.76, increasing its total stake to over 15.6 million shares. This latest purchase follows other significant acquisitions earlier in the month, demonstrating aggressive accumulation. The news comes after Sonos reported stronger-than-expected Q1 earnings, beating analyst estimates, which led to a 3.1% rise in the stock price.
Why Sonos (SONO) Is Up 6.8% After Margin-Driven Q1 Earnings Beat And New Amp Multi Launch
Sonos (SONO) saw its stock rise 6.8% after reporting strong fiscal Q1 2026 earnings, which included nearly doubled net income to US$93.8 million despite flat sales of US$545.66 million, driven by improved margins. The company also announced a new Amp Multi product and a shelf registration for employee stock offerings. This performance reinforces Sonos's strategy of focusing on a system-centric audio platform with disciplined cost control and product innovation.
Sonos (NASDAQ:SONO) Shares Gap Up on Strong Earnings
Sonos (NASDAQ:SONO) gapped up after reporting stronger-than-expected earnings, with $0.93 EPS against an estimated $0.85, and revenue of $545.7 million exceeding the $536.9 million estimate. Despite the beat, the company remains unprofitable with negative net margin and ROE, and year-over-year revenue decreased by 0.9%. Analyst consensus is "Hold" with an average target price of $19.67, while insider activity showed mixed signals with the CEO buying shares and another insider selling.
Sonos, Inc. (NASDAQ:SONO) Q1 2026 Earnings Call Transcript
Sonos, Inc. (NASDAQ:SONO) reported strong Q1 2026 earnings, with revenue of $546 million, beating expectations. The company achieved significant adjusted EBITDA growth of 45% year-over-year, reaching $132 million, and saw a 37% increase in non-GAAP earnings per share to $0.93. Sonos outlined a five-dimensional growth strategy focused on product innovation, customer advocacy, marketing, geographic expansion, and leveraging emerging trends like conversational AI, aiming for a return to durable growth and profitability.
Why Sonos (SONO) Stock Is Up Today
Sonos (NASDAQ:SONO) stock rose by 4.5% after reporting strong fourth-quarter 2025 earnings, significantly beating profitability expectations. While revenue remained flat year-on-year, adjusted earnings per share crushed estimates, and the company's operating margin nearly doubled, signaling improved cost efficiency. Despite the positive news, Sonos's shares remain volatile, having dropped recently due to increased competition fears following Sony Group's new joint venture in consumer electronics.
Sonos Inc SEC 10-Q Report
Sonos Inc. has released its 10-Q report for Q3 fiscal year 2026, detailing financial performance including a slight revenue decrease but significantly improved gross and net income, alongside higher EPS. The report highlights operational efficiencies, new product launches like the Amp Multi, and strategic cost transformation initiatives. Despite softer demand in some areas, the company is focused on continued growth and platform enhancement under its new CEO, Tom Conrad.
Rosenblatt reiterates Buy rating on Sonos stock, maintains $21 price target
Rosenblatt Securities has reiterated its Buy rating on Sonos Inc. (NASDAQ:SONO), maintaining a $21 price target due to strong quarterly performance despite macroeconomic challenges. The firm highlighted Sonos's cost reduction, robust free cash flow, and anticipated new product introductions. Sonos is currently trading at $14.63, with analysts suggesting undervaluation.
Sonos shares rise after first-quarter revenue and earnings results
Sonos, Inc. (NASDAQ: SONO) shares rose by 3.4% after the company released its first-quarter fiscal 2026 earnings, reporting revenue of $545.662 million and GAAP net income of $93.798 million. The company showcased improved profitability despite a modest revenue decline, driven by favorable product mix, cost discipline, and reduced operating expenses. Sonos also provided Q2 FY26 revenue guidance between $250 million and $280 million, with expected GAAP gross margins of 44% to 46%.
Sonos shares rise after first-quarter revenue and earnings results
Sonos Inc. (NASDAQ: SONO) shares rose 3.4% after the release of its first-quarter fiscal 2026 earnings. The company reported revenue of $545.662 million, and profitability improved year-over-year despite a modest revenue decline, driven by expanding gross margins and reduced operating expenses. Sonos provided second-quarter revenue guidance between $250 million and $280 million.
Sonos Plans ‘Several’ New Products This Year After App Debacle
Sonos Inc. plans to launch "several" new products in the latter half of its fiscal year, aiming to move past recent software issues. This announcement came during the company's fiscal first-quarter earnings call. CEO Tom Conrad stated that their system is now performing better and more reliably, setting the stage for these new hardware releases.
Sonos's (NASDAQ:SONO) Q4 CY2025 Sales Top Estimates
Sonos (NASDAQ:SONO) reported better-than-expected revenue and non-GAAP profit for Q4 CY2025, with sales reaching $545.7 million and EPS of $0.93. Despite the sales beat, revenue was flat year-on-year, and the company has struggled with consistent long-term growth. However, operating margin improved significantly to 18.4%, and analysts project future revenue growth, signaling a potential turn-around for the audio technology firm.
Sonos Reports First Quarter Fiscal 2026 Results
Sonos, Inc. reported its First Quarter Fiscal 2026 results, with revenue of $546 million, surpassing the midpoint of its guidance range, and Adjusted EBITDA of $132 million, near the high end of its range. CEO Tom Conrad highlighted progress towards a return to growth through product innovation and operational discipline, while CFO Saori Casey noted strong financial execution and significant profit generation compared to the prior fiscal year. The company provided detailed financial highlights, including GAAP and non-GAAP figures for gross margin, net income, and EPS, and announced it would provide guidance on its upcoming earnings call.
Sonos Set to Report Q1 Earnings: Here's What You Should Know
Sonos (SONO) is scheduled to report its first-quarter fiscal 2026 results on February 3, with anticipated revenues between $510 million and $560 million. The company is focusing on an integrated system approach and new product innovation, including hardware launches in the second half of fiscal 2026 and software upgrades. Despite strategic growth initiatives, Sonos faces headwinds from cautious consumer spending, increased promotions, and tariff policies in Vietnam and Malaysia, which could impact margins.
Sonos (SONO): Analyst Steve Frankel Maintains 'Buy' Rating with $21 Target | SONO Stock News
Rosenblatt analyst Steve Frankel has reaffirmed his 'Buy' rating for Sonos (SONO) and maintained a $21.00 target price. This decision supports the company's stable outlook, following a series of positive analyst assessments. Wall Street analysts forecast an average target price of $19.13 for Sonos, implying a 33.28% upside from its current price, with a consensus "Outperform" rating.
The Truth About Sonos Inc: Is This ‘Smart Sound’ Stock a Hidden Steal or Just Hype?
The article explores whether Sonos Inc (NASDAQ: SONO) is a worthwhile investment or merely overhyped, especially considering its strong presence on social media. It delves into the company's ecosystem strategy, premium pricing, brand recognition, and competitive landscape against tech giants like Apple. The conclusion suggests that while Sonos products are compelling for sound enthusiasts, the stock is a higher-risk play with potential for rebound but not a guaranteed win.
Sonos Q4 Earnings Preview: Revenue Forecast and Stock Performance Analysis - News and Statistics
Sonos (NASDAQ: SONO) is set to announce its Q4 earnings, with analysts forecasting a 2.4% year-on-year revenue decline to $537.5 million, an improvement over the previous year's decrease. Adjusted earnings are expected to be $0.68 per share. Despite Sonos consistently beating revenue estimates in the past, its stock has underperformed, down 21.5% in the last month, compared to a 1.4% sector decline.
Sonos (SONO) Q4 Earnings Report Preview: What To Look For
Sonos (SONO) is set to announce its Q4 earnings report, with analysts expecting a 2.4% year-on-year revenue decline to $537.5 million and adjusted earnings of $0.68 per share. Historically, Sonos has consistently beaten revenue estimates, and analysts have reconfirmed their estimates. The company's stock is down 21.5% over the last month, trading below the average analyst price target.
The Truth About Sonos Inc: Is This ‘Smart Sound’ Stock a Hidden Steal or Just Hype?
This article analyzes Sonos Inc. (SONO) as both a product and a stock, weighing its premium appeal and ecosystem strength against increasing competition from major tech companies. It concludes that while Sonos products offer high quality for home audio enthusiasts, the stock presents a higher-risk investment due to market volatility and strong competitors like Apple.
Is Sonos Inc. (SONO) One of the Best Small Cap Tech Stocks to Invest in Now?
Jefferies recently raised its price target for Sonos Inc. (SONO) to $21 with a Buy rating, anticipating gradual AI monetization in 2026 and emphasizing long-term value in software. Despite a 5% decline in full-year revenue for 2025, Sonos increased non-GAAP EPS by 31% and reduced operating expenses. The company faces tariff headwinds but aims to mitigate these through strategic pricing, guiding Q1 2026 revenue between $510 million and $560 million.
Y Intercept Hong Kong Ltd Has $1.32 Million Stake in Sonos, Inc. $SONO
Y Intercept Hong Kong Ltd reduced its stake in Sonos, Inc. by 55% in the third quarter, holding 83,372 shares valued at approximately $1.32 million. Despite this, Sonos's CEO, Thomas Conrad, purchased over 62,000 shares. The company recently missed earnings expectations, reporting an EPS of ($0.06) versus an anticipated $0.05, and revenues below estimates.
Sonos Announces Amp Multi, Its First New Product in Over a Year; Is Its Strategy Changing?
Sonos (Nasdaq: SONO) has launched Amp Multi, its first new product in over a year, targeting the professional integrator channel rather than the broader consumer market. This move raises questions about Sonos's strategic direction, particularly given its past commitments to introducing multiple new products annually and the recent troubled launch of its Ace product and app update. The Amp Multi is an 8-channel, 4-zone streaming amplifier designed for sophisticated residential installations, indicating a potential shift towards the custom integration market.
Sonos Announces Amp Multi Streaming Amplifier
Sonos has announced the Sonos Amp Multi, a new multi-channel streaming amplifier designed to streamline complex residential audio installations. This product aims to offer greater flexibility and scalability, addressing integrators' needs for a product that can adapt to evolving designs, particularly in open-concept spaces. Sonos highlights its multi-zone capability, premium performance, and rack-ready design, emphasizing ease of installation and advanced tuning options.
Sonos unveils Amp Multi for complex home audio installations By Investing.com
Sonos (NASDAQ:SONO) has launched the Sonos Amp Multi, an eight-channel streaming amplifier tailored for complex residential audio setups. This new device supports up to 24 speakers per unit across four zones, incorporates GaN power architecture for improved thermal efficiency and sound quality, and introduces ProTune for manual sound optimization. InvestingPro analysis suggests the company, currently trading at $14.96, is undervalued, with analysts expecting net income growth this year despite recent unprofitability.
Sonos (SONO) Projected to Post Earnings on Tuesday
Sonos (SONO) is projected to release its Q1 2026 earnings on Tuesday, February 3rd, with analysts expecting $0.85 EPS and $536.93 million in revenue. The company previously missed Q4 consensus estimates, reporting a negative EPS and net margin, though revenue was up year-over-year. Analyst sentiment is mixed with a "Hold" consensus, and recent insider activity shows the CEO buying shares while another insider sold.
Sonos unveils Amp Multi for complex home audio installations By Investing.com
Sonos (NASDAQ:SONO) has launched Sonos Amp Multi, an eight-channel streaming amplifier specifically designed for extensive residential audio installations. This new product features eight amplified outputs delivering 125 watts each and includes advanced features like ProTune for sound optimization and GaN power architecture for improved efficiency. Sonos will officially showcase Amp Multi at Integrated Systems Europe from February 3-6, 2026, and anticipates global availability through its installation partners in the coming months.
Sonos (SONO) Launches Amp Multi to Boost Whole-Home Audio Systems
Sonos (SONO) has launched the Amp Multi, a new professional-grade streaming amplifier designed for luxury home audio systems, marking its re-entry into hardware innovation. Despite this move, Sonos shares have declined, and the company faces challenges with negative revenue growth and profitability metrics. While it maintains a stable financial position with a strong Altman Z-Score, its high volatility and declining revenue per share are areas of concern for investors.
Sonos Introduces Amp Multi, a Professional-Grade Multi-Channel Streaming Amplifier Built for Evolving Homes
Sonos has unveiled Amp Multi, a professional-grade multi-channel streaming amplifier designed to simplify and scale residential audio installations. This new product caters to evolving home designs with flexible multi-zone capabilities, premium performance, and advanced tuning tools, aiming to reduce complexity for integrators and enhance the user experience. It features eight amplified outputs delivering 125 watts each, supporting up to 24 Sonos Architectural speakers, and employs an efficient GaN power architecture for silent, stable operation.
Will New Tech and Finance Leaders on the Board Change Sonos' (SONO) Strategic Trajectory
Sonos (SONO) recently appointed new board members from Meta, e.l.f. Beauty, and Pandora to enhance its governance and strategic direction. While this move is expected to broaden expertise in hardware operations, capital allocation, and streaming partnerships, it is unlikely to immediately impact short-term revenue or earnings. The article discusses Sonos's investment narrative, current financial state with recent losses, and varied fair value estimates from the Simply Wall St Community.
Will New Tech and Finance Leaders on the Board Change Sonos' (SONO) Strategic Trajectory
Sonos, Inc. recently appointed new board members from Meta, e.l.f. Beauty, and Pandora, aiming to strengthen its governance. These additions bring expertise in technology, finance, and consumer leadership, supporting Sonos's strategy to convert its premium audio position into profitable growth despite recent losses. The market is still evaluating Sonos's execution risk and valuation, with the board refresh expected to sharpen operations and capital allocation without immediately impacting short-term financials.
Morgan Stanley ups rating on Sonos after new CEO's 'visionary-like' strategy
Morgan Stanley has upgraded its rating on Sonos (SONO) to Overweight from Equal-Weight, citing the new CEO's "visionary-like" strategy as a key factor. The firm believes that Sonos's new leadership is poised to drive innovation and growth for the company, especially through the introduction of new product categories. This positive outlook suggests potential for significant upside in Sonos's stock.
Sonos Shares Soar 50% in 6 Months: Is There More Upside Ahead?
Sonos (SONO) shares have surged 49.5% in the last six months due to a strategic operational reset, cost discipline, and product innovation, outperforming its industry and the S&P 500. The company is focusing on integrated home sound systems, direct-to-consumer expansion, and global growth, with new product launches planned for fiscal 2026. Despite macroeconomic headwinds and competitive risks, Sonos appears attractively valued, trading at a discount compared to its industry.
Why Sonos (SONO) Shares Are Trading Lower Today
Sonos (NASDAQ:SONO) shares fell after Sony Group announced a joint venture with TCL Electronics to create televisions and home audio equipment, increasing competition in the consumer electronics space. This development, coupled with previous competitive pressures from CES 2026 and missed financial targets, raised concerns among investors about Sonos's future market share and pricing. The stock is down 10.8% year-to-date and trading significantly below its 52-week high.
Sonos Announces Date for First Quarter Fiscal 2026 Financial Results and Conference Call
Sonos, Inc. (Nasdaq: SONO) will report its financial results for the first quarter ended December 27, 2025, after market close on Tuesday, February 3, 2026. The company will also host a conference call and Q&A on the same day at 4:30 p.m. Eastern Time to discuss the results. A press release, accompanying slide presentation, and a live webcast of the call will be accessible on the Sonos investor relations website.
Sonos Announces Date for First Quarter Fiscal 2026 Financial Results and Conference Call
Sonos, Inc. (Nasdaq: SONO) has announced it will report its financial results for the first quarter ended December 27, 2025, after market close on Tuesday, February 3, 2026. The company will also host a conference call and Q&A session on the same day at 4:30 p.m. ET to discuss the results, with access available via webcast or toll-free dial-in.
Sonos adds three directors to board as company refines strategy By Investing.com
Sonos, Inc. has appointed three new directors, Carmine Arabia, Mandy Fields, and Joe Kennedy, to its Board of Directors to support its next growth phase and platform-driven strategy. The additions bring expertise in hardware operations, financial leadership, and technology platform management. Despite recent stock volatility, Sonos holds a strong financial position and analysts anticipate a return to profitability this year, with management actively buying back shares.
Meta, e.l.f. Beauty and Pandora veterans join the Sonos board
Sonos (SONO) announced the appointment of Carmine Arabia from Meta, Mandy Fields from e.l.f. Beauty, and Joe Kennedy, a veteran of Pandora, to its Board of Directors. These additions aim to strengthen the board with expertise in operating, finance, and technology platforms as the company focuses on its next phase of growth and platform-driven strategy. The new board members bring diverse experience in scaling global hardware platforms, financial leadership in consumer brands, and leading category-defining technology businesses.
Sonos adds three directors to board as company refines strategy By Investing.com
Audio technology company Sonos, Inc. (NASDAQ:SONO) has appointed three new directors, Carmine Arabia, Mandy Fields, and Joe Kennedy, to its Board of Directors to support its next growth phase and refine its platform-driven "Sonos System" strategy. This announcement comes amid significant stock volatility and follows strong financial performance in Q4 2025, with analysts expecting a return to profitability this year. The company is actively buying back shares and maintains a solid financial position with ample liquidity.
