Sonos (NASDAQ:SONO) Releases Earnings Results, Beats Expectations By $0.08 EPS

Sonos (NASDAQ:SONO) posted its quarterly earnings data on Tuesday. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.08, FiscalAI reports. The firm had revenue of $545.66 million for the quarter, compared to the consensus estimate of $536.93 million. Sonos had a negative return on equity of 11.66% and a negative net margin of 4.24%.

Sonos Stock Down 1.4%

SONO stock traded down $0.21 during mid-day trading on Tuesday, reaching $14.63. The company had a trading volume of 4,274,086 shares, compared to its average volume of 1,508,335. The stock’s 50-day simple moving average is $17.28 and its two-hundred day simple moving average is $15.67. The stock has a market capitalization of $1.77 billion, a P/E ratio of -28.13 and a beta of 2.05. Sonos has a one year low of $7.63 and a one year high of $19.82.

Insider Activity

In other Sonos news, CEO Thomas Conrad purchased 62,325 shares of the stock in a transaction dated Monday, November 17th. The shares were bought at an average cost of $16.17 per share, with a total value of $1,007,795.25. Following the completion of the acquisition, the chief executive officer owned 305,103 shares of the company’s stock, valued at approximately $4,933,515.51. This trade represents a 25.67% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Edward P. Lazarus sold 12,000 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $19.00, for a total transaction of $228,000.00. Following the completion of the transaction, the insider owned 423,219 shares of the company’s stock, valued at $8,041,161. This represents a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.25% of the company’s stock.

Institutional Investors Weigh In On Sonos

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Centaurus Financial Inc. boosted its holdings in shares of Sonos by 6.6% in the third quarter. Centaurus Financial Inc. now owns 11,056 shares of the company’s stock worth $175,000 after buying an additional 681 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Sonos by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 88,302 shares of the company’s stock valued at $955,000 after purchasing an additional 833 shares during the last quarter. Amundi boosted its stake in shares of Sonos by 6.8% during the 3rd quarter. Amundi now owns 20,964 shares of the company’s stock worth $331,000 after acquiring an additional 1,343 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Sonos by 1.1% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 123,265 shares of the company’s stock valued at $1,332,000 after acquiring an additional 1,352 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in Sonos by 1.6% in the 2nd quarter. California State Teachers Retirement System now owns 111,685 shares of the company’s stock worth $1,207,000 after purchasing an additional 1,796 shares during the last quarter. 85.82% of the stock is owned by institutional investors and hedge funds.

More Sonos News

Here are the key news stories impacting Sonos this week:

• Positive Sentiment: Q1 beat — Sonos reported fiscal Q1 2026 EPS and revenue above Street estimates and management said the company is “off to a good start” with new product cadence (Amp Multi) aimed at returning Sonos to growth. This is the main driver supporting sentiment despite other concerns. Read More.
• Positive Sentiment: Analyst support — Rosenblatt reaffirmed a Buy rating with a $21 price target (material upside to current levels), which can anchor upside expectations if management’s growth plan gains traction. Read More.
• Neutral Sentiment: Product pipeline interest — Media pieces outline several potential Sonos product launches in 2026, keeping investor attention on a multi-product refresh that could drive revenue if executed well. Product speculation is positive for narrative but uncertain on timing and margins. Read More.
• Neutral Sentiment: Pre-earnings coverage — Analysts and previews expected the Q1 report; coverage like Zacks’ preview framed the quarter as pivotal for a return-to-growth narrative. These previews often moderate reactions by setting expectations. Read More.
• Neutral Sentiment: Promotions and discounts — Multiple retailer and marketplace sales (Era 100, Beam Gen 2, Sub 4 and other Super Bowl promotions) are driving consumer-level activity and could lift near-term unit demand; however, heavy discounting can compress ASPs and margins if sustained. Read More. Read More. Read More. Read More.
• Negative Sentiment: Profitability concerns remain — Despite the beat, Sonos still reported negative net margin and negative return on equity; with shares trading below the 50-day and 200-day moving averages, investors may be focused on margin recovery and execution risk on the product roadmap. Read More.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Sonos in a research report on Thursday, January 22nd. Morgan Stanley set a $17.00 price objective on Sonos and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Rosenblatt Securities reiterated a “buy” rating and set a $21.00 price target on shares of Sonos in a report on Monday. Wall Street Zen lowered shares of Sonos from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Jefferies Financial Group raised their price objective on Sonos from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Sonos presently has a consensus rating of “Hold” and a consensus target price of $19.67.

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.