Sleep Number Stock Price, News & Analysis (NASDAQ:SNBR)

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sleep Number in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SNBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNBR, but not buy additional shares or sell existing shares.
View SNBR analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1-year price targets for Sleep Number's shares. Their SNBR share price targets range from $12.00 to $32.00. On average, they anticipate the company's stock price to reach $22.33 in the next year. This suggests a possible upside of 49.1% from the stock's current price.
View analysts price targets for SNBR or view top-rated stocks among Wall Street analysts.

Sleep Number's stock was trading at $25.98 on January 1st, 2023. Since then, SNBR shares have decreased by 42.3% and is now trading at $14.98.
View the best growth stocks for 2023 here.

Sleep Number saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,370,000 shares, an increase of 32.7% from the October 31st total of 2,540,000 shares. Based on an average daily trading volume, of 692,100 shares, the days-to-cover ratio is presently 4.9 days. Approximately 16.0% of the shares of the company are short sold.
View Sleep Number's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our SNBR earnings forecast.

Sleep Number Co. (NASDAQ:SNBR) announced its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.17 by $0.27. The business earned $472.65 million during the quarter, compared to the consensus estimate of $508.56 million. Sleep Number had a negative trailing twelve-month return on equity of 1.05% and a net margin of 0.23%. The firm's revenue was down 12.6% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share.

ETFs with the largest weight of Sleep Number (NASDAQ:SNBR) stock in their portfolio include Invesco Nasdaq Future Gen 200 ETF (QQQS), Hoya Capital Housing ETF (HOMZ) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).Inspire Small/Mid Cap ETF (ISMD).

383 employees have rated Sleep Number Chief Executive Officer Shelly Ibach on Glassdoor.com. Shelly Ibach has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sleep Number investors own include AbbVie (ABBV), Intel (INTC), Micron Technology (MU), UnitedHealth Group (UNH), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA) and Broadcom (AVGO).

Sleep Number's stock is owned by many different retail and institutional investors. Top institutional shareholders include Stadium Capital Management LLC (7.20%), Van Lanschot Kempen Investment Management N.V. (4.73%), Charles Schwab Investment Management Inc. (2.78%), SW Investment Management LLC (2.63%), Northern Trust Corp (1.11%) and Jacobs Levy Equity Management Inc. (1.08%). Insiders that own company stock include Brenda J Lauderback, Christopher D Krusmark, Daniel Alegre, Jean Michel Valette, Kathleen L Nedorostek, Kevin Kennedy Brown, Melissa Barra, Michael J Harrison, Samuel R Hellfeld and Shelly Radue Ibach.
View institutional ownership trends.

Shares of SNBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.