Sleep Number - SNBR Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sleep Number in the last twelve months. There are currently 1 sell rating and 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.
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4 equities research analysts have issued twelve-month price objectives for Sleep Number's stock. Their SNBR share price forecasts range from $38.00 to $54.00. On average, they expect the company's stock price to reach $44.25 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price.
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Sleep Number's stock was trading at $76.60 at the start of the year. Since then, SNBR stock has decreased by 52.5% and is now trading at $36.36.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Sleep Number Co. (NASDAQ:SNBR) announced its quarterly earnings data on Wednesday, July, 27th. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.92. The firm earned $549.07 million during the quarter, compared to analyst estimates of $506.14 million. Sleep Number had a negative trailing twelve-month return on equity of 22.93% and a net margin of 4.61%. Sleep Number's revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS.

Sleep Number issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $3.00-$4.00 for the period, compared to the consensus EPS estimate of $4.52. The company issued revenue guidance of -.

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 trades on the NASDAQ under the ticker symbol "SNBR."

Sleep Number's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Thrivent Financial for Lutherans (3.80%), State Street Corp (3.38%), River Road Asset Management LLC (2.80%), Pictet Asset Management SA (1.81%), Rice Hall James & Associates LLC (1.20%) and Northern Trust Corp (1.05%). Insiders that own company stock include Andrea Lee Bloomquist, Brenda J Lauderback, Christopher D Krusmark, Daniel Alegre, David R Callen, Deborah L Kilpatrick, Jean Michel Valette, Joseph Hunter Saklad, Kathleen L Nedorostek, Kevin Kennedy Brown, Melissa Barra, Michael A Peel, Michael J Harrison, Patricia Ann Dirks, Robert Joseph Poirier, Samuel R Hellfeld, Shelly Radue Ibach and Stephen L Gulis Jr.
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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.
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One share of SNBR stock can currently be purchased for approximately $36.36.

Sleep Number (NASDAQ:SNBR) has a market capitalization of $798.47 million and generates $2.18 billion in revenue each year. The company earns $153.75 million in net income (profit) each year or $4.32 on an earnings per share basis.

The company employs 5,515 workers across the globe.

Sleep Number's mailing address is 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN, 55404. The official website for the company is www.sleepnumber.com. The company can be reached via phone at (763) 551-7000, via email at investorrelations@sleepnumber.com, or via fax at 763-551-7123.