Sonos (SONO) Expected to Post Quarterly Earnings on Wednesday

Sonos (NASDAQ:SONO) is expected to post its Q3 2026 results after the market closes on Wednesday, July 29th. Analysts expect Sonos to post earnings of $0.20 per share and revenue of $365.6550 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:30 PM ET.

Sonos Trading Down 2.7%

SONO stock opened at $14.79 on Wednesday. Sonos has a one year low of $10.11 and a one year high of $19.82. The firm has a 50-day moving average of $14.77 and a two-hundred day moving average of $14.83. The firm has a market capitalization of $1.76 billion, a PE ratio of 87.01 and a beta of 1.96.

Wall Street Analyst Weigh In

A number of research firms recently commented on SONO. Zacks Research lowered shares of Sonos from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Rosenblatt Securities reissued a “buy” rating and set a $21.00 target price on shares of Sonos in a research note on Monday, June 15th. Weiss Ratings upgraded Sonos from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, May 7th. Finally, Wall Street Zen downgraded Sonos from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $20.00.

Hedge Funds Weigh In On Sonos

Several institutional investors have recently bought and sold shares of the stock. Jacobs Levy Equity Management Inc. boosted its stake in shares of Sonos by 2.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 3,281,869 shares of the company’s stock worth $57,630,000 after acquiring an additional 85,468 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Sonos by 20.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,216,366 shares of the company’s stock valued at $56,479,000 after acquiring an additional 552,886 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Sonos by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 2,908,435 shares of the company’s stock valued at $51,082,000 after acquiring an additional 20,602 shares in the last quarter. Millennium Management LLC lifted its holdings in Sonos by 21.9% in the 4th quarter. Millennium Management LLC now owns 1,763,212 shares of the company’s stock worth $30,962,000 after purchasing an additional 317,312 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its holdings in Sonos by 250.8% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 1,393,706 shares of the company’s stock worth $15,066,000 after purchasing an additional 996,425 shares during the last quarter. 85.82% of the stock is currently owned by institutional investors.

About Sonos

Sonos, Inc is a consumer electronics company specializing in wireless home audio systems. The company’s core business revolves around designing, developing and manufacturing smart speakers and soundbars that deliver high-fidelity audio and seamless multi-room listening experiences. Sonos products connect via Wi-Fi or Bluetooth and integrate with popular streaming services, enabling users to control music and other audio content through a dedicated mobile app, voice assistants or traditional controls.

Sonos offers a diversified product lineup that includes compact speakers such as Sonos One and Sonos Roam, premium models like Sonos Five and Sonos Move, home theater solutions including Sonos Beam and Sonos Arc, as well as accessories such as the Sonos Sub and Sonos Amp.