Sonos, Inc. (NASDAQ:SONO) reported better-than-expected fourth-quarter results on Wednesday.
The audio equipment maker reported quarterly adjusted losses of 6 cents per share, beating the analyst consensus estimate of 24 cents. Quarterly revenue came in at $287.90 million, up 13% year over year, beating the analyst consensus estimate of $275.83 million.
CFO Saori Casey noted that Sonos delivered solid fourth-quarter results, achieving 13% revenue growth and positive adjusted EBITDA. Looking ahead to fiscal 2026, Sonos plans to sustain profitability while reinvesting its efficiency gains to drive durable, long-term revenue growth.
Sonos expects first-quarter revenue of $510 million-$560 million compared to analyst consensus estimate of $523.21 million. It expects a quarterly gross margin of 44%-46%. It expects an adjusted gross margin of 45.1% to 47.1%.
Sonos shares rose 1.4% to close at $16.64 on Wednesday.
These analysts made changes to their price targets on Sonos following earnings announcement.
- Morgan Stanley analyst Erik Woodring upgraded Sonos from Underweight to Equal-Weight and raised the price target from $11 to $17.
- Rosenblatt analyst Steve Frankel maintained the stock with a Buy and raised the price target from $17 to $21.
Considering buying SONO stock? Here’s what analysts think:

Read This Next:
- Jim Cramer Says ‘Take A Pass’ On This Tech Stock, Won’t Go Near Oils
Photo via Shutterstock
Comments