I'm upgrading Sonos to a buy as downside risks are largely priced in after a 30% YTD drop, with signs of stabilization emerging. Sonos is focusing on premium brand curation, expanding into new markets like headphones, and aggressively cutting costs to boost profitability. Revenue returned to growth in Q2, beating expectations and signaling a potential turnaround after two tough fiscal years.
Photo Courtesy of Sonos Capital PHOENIX, June 06, 2025 (GLOBE NEWSWIRE) -- Sonos Capital has officially introduced its newest investment fund, signaling another major step in its mission to support affordable housing and offer dependable returns to investors. The firm's reputation for combining ownership with direct, in-house management continues to set it apart from competitors in an increasin...
SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today announced that Saori Casey, Chief Financial Officer, will participate in a fireside chat with Jefferies analyst Brent Thill at the Jefferies Public Technology Conference on Wednesday, May 28. The fireside chat will begin at 12:30 pm Pacific. A live webcast and replay of the fireside chat will be accessible in the...
SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today reported Second Quarter Fiscal 2025 results. “We made significant progress in Q2 across our top initiatives,” said Tom Conrad, Sonos Interim Chief Executive Officer. “We're firmly on track in restoring the reliability and responsiveness our customers expect, with nine major software updates delivered in the last ...
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that it has appointed Hugo Barra to its Board of Directors effective April 7, 2025. Mr. Barra is the co-founder and head of product at /dev/agents, a software company building a next-generation operating system for AI agents. “Hugo is a world-class technologist with senior executive experience at several of the m...
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