▼ -11.89% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Sonos in the last 3 months. The average price target is $19.36, with a high forecast of $30.00 and a low forecast of $7.50. The average price target represents a -11.89% upside from the last price of $21.97.
The current consensus among 8 polled investment analysts is to hold stock in Sonos. This rating has held steady since April 2020, when it changed from a Buy consensus rating.
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.