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Sonos ( (SONO) ) has provided an announcement.
On January 12, 2026, Sonos expanded its board of directors from eight to ten members and appointed Carmine Arabia, Mandy Fields and Joe Kennedy as independent directors, with staggered terms ending at the 2026, 2027 and 2028 annual meetings of stockholders respectively, and standard non-employee director compensation and indemnification agreements. The new appointments bring deep experience in global hardware operations, consumer brand-focused financial leadership, and scaling category-defining consumer technology platforms, bolstering governance as Sonos sharpens a platform-driven strategy centered on the Sonos System, aims to deepen engagement across more than 17 million households and 53 million connected devices, and executes its growth priorities in fiscal 2026 and beyond.
The most recent analyst rating on (SONO) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Sonos stock, see the SONO Stock Forecast page.
Spark’s Take on SONO Stock
According to Spark, TipRanks’ AI Analyst, SONO is a Neutral.
Sonos’s overall score is driven by strong technical momentum and strategic initiatives highlighted in the earnings call. However, profitability challenges and valuation concerns weigh down the score. The company’s focus on market expansion and cost efficiency offers potential for future improvement.
To see Spark’s full report on SONO stock, click here.
More about Sonos
Sonos (Nasdaq: SONO) is a leading audio company that pioneered multi-room wireless audio in 2005 and builds a connected sound system spanning music, movies, stories, and conversations. Its portfolio includes home theater speakers, components, plug-in and portable speakers, and headphones, all designed to become more powerful as additional rooms and devices are added, and it serves more than 17 million households across over 60 countries from its headquarters in Santa Barbara, California.
Average Trading Volume: 1,474,992
Technical Sentiment Signal: Buy
Current Market Cap: $2.02B
See more data about SONO stock on TipRanks’ Stock Analysis page.