Why Is SONOS INC (SONO) Stock Up Today?

Sonos Inc (SONO) shares rose 13.18% to $19.12, driven by strong fourth-quarter revenue results and a significantly higher first-quarter outlook. The company reported adjusted earnings per share of $0.04, which beat the single estimate of $0.05, while sales of $344.441 million exceeded the $340.328 million consensus.

What Happened

Sonos filed a Form 8-K on November 10, 2026, disclosing its fiscal fourth-quarter results and providing guidance for the first quarter of 2027. The company projected first-quarter revenue between $570 million and $630 million, a figure that far surpassed the $296.06 million estimate cited in market data. Management also announced a $150 million stock repurchase program. During the earnings call, executives detailed margin targets and acknowledged memory cost pressures ahead. The company set adjusted EBITDA guidance while noting currency and component cost pressures.

What The Data Shows

The stock opened at $16.85 and hit a session low of $16.52 at 9:25 AM ET before climbing to a session high of $19.18 at 3:50 PM ET. Trading volume reached 3.7 million shares, which is 2.0 times the three-month daily average. The stock printed 11 fresh 52-week highs and one fresh 52-week low on November 11, 2026. Sonos has a market capitalization of $2.0 billion and a P/E ratio of 36.6. Trailing twelve-month revenue grew 5.6%, and the net margin stands at 3.8%. The beta is 1.94, and the 52-week range is $12.44 to $19.82. Recent insider activity includes one sale totaling $848,000, with the most recent filing on September 28, 2026.

What To Watch

Investors will monitor the company's ability to manage memory cost pressures and currency impacts as it executes its new stock repurchase program. The strong revenue guidance for the first quarter of 2027 provides a clear benchmark for future performance.