Sonos Stock Keeps Pumping Up the Volume

Brent Thill at Jefferies put out a bullish note on Tuesday, framing the 6% to 13% pricing increase for Sonos' speaker systems and related audio gear into financial perspective. With the updated pricing, Thill thinks the $1.86 billion consensus revenue forecast for the new fiscal year that kicks off in two weeks -- translating into 8.5% top-line growth -- is too conservative. Given the "beat and raise" knack that Sonos has feasted on lately, that was probably going to be the case even if it didn't come firing with a pricing gun this week.