Sonos Reports Record Fourth Quarter and Fiscal 2020 Results

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Sonos Inc. (SONO) PT Raised to 'Street High' $30 at Morgan Stanley

November 19, 2020 8:13 AM EST

Morgan Stanley analyst Katy Huberty raised the price target on Sonos Inc. (NASDAQ: SONO) to a 'Street High' $30.00 (from $20.00) while maintaining an Overweight rating following earnings.

The analyst commented, "Sonos hit an inflection with FY21 Rev and EBITDA growth ahead of the... More

Sonos (SONO) Tops Q4 EPS by 18c, FY21 Revenue Guidance Beats

November 18, 2020 4:08 PM EST

Sonos (NASDAQ: SONO) reported Q4 EPS of $0.33, $0.18 better than the analyst estimate of $0.15. Revenue for the quarter came in at $339.8 million versus the consensus estimate of $298.77 million.

GUIDANCE:

Sonos sees FY2021 revenue of $1.44-1.5 billion, versus the consensus of $1.38... More