Sonos (SONO) Expected to Release Quarterly Earnings on Wednesday

Sonos (NASDAQ:SONO) is anticipated to issue its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect Sonos to announce earnings of $0.20 per share and revenue of $365.6550 million for the quarter. Parties may visit the 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 Stock Performance

NASDAQ SONO traded up $0.20 during trading hours on Tuesday, hitting $15.86. The company had a trading volume of 250,013 shares, compared to its average volume of 1,742,906. Sonos has a 1-year low of $10.11 and a 1-year high of $19.82. The company has a market cap of $1.89 billion, a PE ratio of 93.06 and a beta of 1.96. The business has a 50 day moving average of $14.78 and a 200-day moving average of $14.76.

Hedge Funds Weigh In On Sonos

Institutional investors and hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC raised its stake in shares of Sonos by 22.4% during the 1st quarter. AQR Capital Management LLC now owns 51,169 shares of the company’s stock worth $546,000 after purchasing an additional 9,355 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Sonos by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,984 shares of the company’s stock valued at $768,000 after purchasing an additional 3,483 shares during the period. Intech Investment Management LLC lifted its position in Sonos by 38.5% during the 1st quarter. Intech Investment Management LLC now owns 151,152 shares of the company’s stock worth $1,613,000 after acquiring an additional 42,006 shares during the last quarter. Strs Ohio bought a new stake in Sonos during the 1st quarter valued at approximately $147,000. Finally, Norges Bank acquired a new position in shares of Sonos during the second quarter worth approximately $289,000. 85.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.