Does Sonos (SONO) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Sonos (SONO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
SONO tops revenues in Q3 despite a 13% YoY decline, driven by strong portables and cost-cutting gains.
Sonos, Inc. (NASDAQ:SONO ) Q3 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants James Baglanis - Head of Corporate Finance, Investor Relations & Treasury Saori Casey - Chief Financial Officer Thomas Conrad - President, CEO & Director Conference Call Participants Erik William Richard Woodring - Morgan Stanley, Research Division Rayyana Wassim Matraji - Jefferies LLC, Research Division Steven Bruce Frankel - Rosenblatt Securities Inc., Research Division Operator Good afternoon. My name is Audra, and I will be your conference operator today.
While the top- and bottom-line numbers for Sonos (SONO) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sonos (SONO) came out with quarterly earnings of $0.19 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.23 per share a year ago.
SONO braces for y/y Q3 revenue decline despite sequential growth, as tariff costs and weak consumer demand weigh on results.
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.
Sonos (SONO) reported earnings 30 days ago. What's next for the stock?
The premium speaker maker's stock is jumping as the home theater market and entry-level price cut boost sales.
SONO hit the high end of revenue guidance and beat adjusted EBITDA expectations in fiscal Q2 2025 despite a challenging macroeconomic environment.