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Sonos, Inc. (0ZFN.L)

LSE - LSE Delayed price. Currency in USD
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36.97+0.29 (+0.79%)
At close: 6:59PM BST
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  • G
    George
    Strong close with increasing volume near the end of trading.
  • J
    Jay
    Showing some strength today against some market headwinds. Good to see for now...hopefully the MMs or Shorters won't "drop the hammer"....I don't think they will at this level. It's already been pounded down to a former resistance level. We'll see.
  • J
    Jay
    Down almost a 1/2 billion in market capital in a few days... pocket change for Wall Street.
  • b
    bigbear
    Bloomberg just report Google is working around Patents. The way I see this, it is admitting their guilt by doing this. So I would think they will have to pay SONO penalties for infringing on SONO IP.
    I would also think that they did this for years and the money paid to SONO should be a large settlement.
    After all Google is Guilty!! And that is the bottom-line. If your not Guilty you would not work around the SONO Patents. I hope the Judges take them to the cleaners, after all they lied in court. Yes, the big mega companies running over the little guys! Time to make a statement Judge!! How about $500 million bucks maybe more.
  • M
    ManhattanSpecial
    One of the first times was glad to get out with a lost. This is a broken stock 100%. The company is Flawless.
  • F
    Frank
    I dont think that the price increase will keep buyers away from the product mix. Considering they are probably going to last 10 years plus it's rather inconsequential. I do feel it will pump up revenue and profits. We'll see if they actually have pricing power. BTW, when are they dropping the headphones and earpods? It's getting close to holidays and these have been anticipated for about a year. Should they be released in next month should be a big boost to next quarter. Undervalued now as earnings continue to beat its a outright steal.
  • M
    MNM
    Added 2K shares. See huge potential ahead. Upside in revenue, final win against google case, and winning bids for car audio's
  • B
    Berry
    If anyone is in the market, Sonos just listed their price increases effective Sept 12. I may have to order that 2nd sub this afternoon and save $50 :)
  • J
    Jack
    “ On Wednesday, Eddie Lazarus, Sonos’s chief legal officer, called Google a “serial infringer” of Sonos patents. On a conference call with analysts, he estimated that Google had infringed on more than 150 patents owned by Sonos, although it raised issues only with five patents to the commission. The case in front of the commission is just “the tip of the iceberg,” he said.”

    https://www.nytimes.com/2021/08/13/technology/google-sonos-patents.html
  • J
    Jay
    What's the next resistance point...$32? Looks like $36 is history. Someone is making a lot of money? Oh well, I'm holding for a long time if needed. Sonos is only growing and getting stronger.
  • J
    Joe
    it's a momentum stock. in down markets it falls like a rock in a up market it Flys. patience we just need the charts to show reversal and its almost there
  • H
    Husein
    Can someone pls explain something to me? So...if you look at shares outstanding, about 30-40m have added this year, which explains some of the strain, yes? im guessing - i have no idea and im tired - but lots of execs have options they keep cashing or they need to so this then adds/dilutes the stock theoretically in the short term yes? i mean thats like 25% right there. how do we know how many more new shares they can put out there bc wouldnt it be more ready for bigger gains once outstanding shares stays the same? im confused
  • J
    Jay
    Yikes, way down of the bottom of the analyst's price range...and that's with a consensus "buy" rating. Guess they don't know what they're talking about?? Interesting...
  • J
    Jay
    What was that "green stuff" next to the Sono ticker? That can't have been an uptick in price was it? I don't recognize it...
  • F
    Frank
    It's going to be a huge September for Sonos. Onward to new highs and more upgrades in balance of 2021 and 2022. Such a steal down here not long before it comes into its own.
  • F
    Frank
    Easily a 50 print on this stock in very near term. A buyout would be north of 75. Triple digit in the new year. Just traded the float today and would say a lot of short positions added today. This will get to new records soon. So undervalued.
  • b
    bigbear
    From Barrons, most people cannot open it I can; key take away!
    Jefferies analyst Brent Thill on Monday raised his rating on Sonos stock to Buy from Hold, setting a price target of $50, about 30% above Friday’s close at $38.14, citing both “fundamental strength” and the “validation to their strong patent portfolio.”
    On the fundamental side, he notes that Sonos has beaten estimates and raised guidance in each of the last two quarters, and he sees more of the same ahead. He thinks results for the fiscal fourth quarter ending in September will provide “another strong beat.” And Thill adds that a large order backlog should support fiscal 2022 revenue growth as demand continues to outstrip supply. Thill says Street consensus calls for 8% fiscal 2022 revenue growth—but he sees double-digit growth.
    Thill writes that Sonos has “one of the richest patent portfolios in consumer electronics,” and contends the ITC ruling “is strong validation of their positioning.” He thinks Google is likely “one of many companies infringing on Sonos’ patents and suspect their win against Google will set a precedent for other infringers.” Thill notes that less than 5% of the company’s revenue comes from licensing, but sees the total increasing.
    Also keep in mind the regulators are cracking down on Big Mega companies like Google over their bullying of smaller companies. The Climate is not good for Google I expect to see the finally ruling will be in SONO’s favor!
  • J
    Joe
    if you don't have the stomach for the volatility this isn't the place for u. I increased my holding 25% today on the drop because I know in a short time this will be $55+
  • b
    bigbear
    A key item, right now the "Big Tech monopolies" are being looked at closely by the regulators, what I'm saying is the climate does not favor the big guys! Big Tech companies have been known to bully the smaller companies and are known to rip off their IP. !
    “We are pleased the ITC has confirmed Google’s blatant infringement of Sonos’ patented inventions,” Chief Legal Officer Eddie Lazarus said in a statement. “This decision re-affirms the strength and breadth of our portfolio, marking a promising milestone in our long-term pursuit to defend our innovation against misappropriation by Big Tech monopolies.”

    My opinion Google should pay SONO's and follow the judges orders and make payments for past damages.
    For Google it is what maybe 4 hours of revenue, for SONO's it could be 100 million bucks!