Sonos (NASDAQ:SONO) Shares Down 5.5% - What's Next?
Sonos (NASDAQ:SONO) shares dropped 5.5% after the company missed quarterly expectations with an EPS of ($0.06) and revenue of $287.9M, significantly below forecasts. Despite negative net margin and ROE, revenue grew 12.7% year-over-year, and institutional ownership remains high at 85.82%. Analyst sentiment is mixed, holding an average "Hold" rating with an average $19.67 price target, though the CEO recently acquired a substantial number of shares.
https://www.marketbeat.com/instant-alerts/sonos-nasdaqsono-shares-down-55-whats-next-2026-01-06/