Sleep Number - SNBR Stock Forecast, Price & News

4 Wall Street research 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 research 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 12 month price objectives for Sleep Number's stock. Their SNBR share price forecasts range from $34.00 to $45.00. On average, they expect the company's share price to reach $37.75 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price.
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Sleep Number's stock was trading at $25.98 on January 1st, 2023. Since then, SNBR stock has increased by 10.0% and is now trading at $28.59.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
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Sleep Number Co. (NASDAQ:SNBR) announced its earnings results on Wednesday, February, 22nd. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by $0.03. The business earned $497.53 million during the quarter, compared to the consensus estimate of $495.75 million. Sleep Number had a negative trailing twelve-month return on equity of 8.19% and a net margin of 1.73%. The business's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the company posted $0.47 EPS.

ETFs with the largest weight of Sleep Number (NASDAQ:SNBR) stock in their portfolio include Hoya Capital Housing ETF (HOMZ), Cultivar ETF (CVAR), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco Nasdaq Future Gen 200 ETF (QQQS), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Inspire Small/Mid Cap ETF (ISMD) and Invesco S&P SmallCap 600 Equal Weight ETF (EWSC).

Sleep Number issued an update on its FY 2023 earnings guidance on Wednesday, February, 22nd. The company provided EPS guidance of $1.25-$2.00 for the period, compared to the consensus estimate of $1.76. 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 variety of retail and institutional investors. Top institutional investors include Thrivent Financial for Lutherans (3.66%), Vulcan Value Partners LLC (3.22%), Dimensional Fund Advisors LP (3.16%), River Road Asset Management LLC (2.84%), LSV Asset Management (2.35%) and Arrowstreet Capital Limited Partnership (1.90%). Insiders that own company stock include Brenda J Lauderback, Christopher D Krusmark, Daniel Alegre, Deborah L Kilpatrick, Jean Michel Valette, Joseph Hunter Saklad, Kathleen L Nedorostek, Kevin Kennedy Brown, Melissa Barra, Michael J Harrison, 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 $28.59.

Sleep Number (NASDAQ:SNBR) has a market capitalization of $629.27 million and generates $2.11 billion in revenue each year. The company earns $36.61 million in net income (profit) each year or $1.61 on an earnings per share basis.

The company employs 5,115 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.