Casper Sleep Stock Forecast, Price & News

Casper Sleep's stock was trading at $5.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CSPR stock has increased by 11.5% and is now trading at $6.52.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casper Sleep in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Casper Sleep.

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Casper Sleep is scheduled to release its next quarterly earnings announcement on Thursday, March 18th 2021.
View our earnings forecast for Casper Sleep.

Casper Sleep Inc. (NYSE:CSPR) issued its quarterly earnings results on Sunday, November, 15th. The company reported ($0.39) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.36) by $0.03.
View Casper Sleep's earnings history.

Casper Sleep issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Monday, November, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $132-142 million, compared to the consensus revenue estimate of $142.95 million.

10 brokerages have issued 1-year price targets for Casper Sleep's shares. Their forecasts range from $5.50 to $16.00. On average, they anticipate Casper Sleep's share price to reach $10.10 in the next year. This suggests a possible upside of 54.9% from the stock's current price.
View analysts' price targets for Casper Sleep.

Some companies that are related to Casper Sleep include Kimball International (KBAL), Hooker Furniture (HOFT), Flexsteel Industries (FLXS), Natuzzi (NTZ), Nova LifeStyle (NVFY), Luvu Brands (LUVU) and The Rowe Companies (ROWC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Casper Sleep investors own include Coty (COTY), Invesco Mortgage Capital (IVR), Designer Brands (DBI), Boxlight (BOXL), Carnival Co. & (CCL), Cloudera (CLDR), Energy Transfer (ET), WW International (WW), American Airlines Group (AAL) and ADMA Biologics (ADMA).

(CSPR) raised $151 million in an initial public offering (IPO) on Thursday, February 6th 2020. The company issued 8,400,000 shares at $17.00-$19.00 per share. Morgan Stanley, Goldman Sachs and Jefferies acted as the underwriters for the IPO and BofA Securities, UBS Securities, Citigroup, Piper Sandler and Guggenheim Securities were co-managers.

Casper Sleep trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSPR."

Casper Sleep's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.72%), Crosslink Capital Inc. (1.39%), State Street Corp (0.78%), Charles Schwab Investment Management Inc. (0.39%), California Public Employees Retirement System (0.13%) and Morgan Stanley (0.12%). Company insiders that own Casper Sleep stock include Jeffery R Chapin and Philip Krim.
View institutional ownership trends for Casper Sleep.

CSPR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Crosslink Capital Inc., and Morgan Stanley.
View insider buying and selling activity for Casper Sleep.

CSPR stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Charles Schwab Investment Management Inc., California Public Employees Retirement System, Cubist Systematic Strategies LLC, California State Teachers Retirement System, Arrowstreet Capital Limited Partnership, Bruderman Asset Management LLC, and The Manufacturers Life Insurance Company . Company insiders that have bought Casper Sleep stock in the last two years include Jeffery R Chapin, and Philip Krim.
View insider buying and selling activity for Casper Sleep.

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

One share of CSPR stock can currently be purchased for approximately $6.52.

Casper Sleep has a market capitalization of $264.27 million and generates $439.26 million in revenue each year. The company earns $-93,040,000.00 in net income (profit) each year or ($8.86) on an earnings per share basis. Casper Sleep employs 597 workers across the globe.

The official website for Casper Sleep is www.casper.com.

Casper Sleep's mailing address is THREE WORLD TRADE CENTER 175 GREENWICH STREET FLOOR 39, NEW YORK NY, 10007. The company can be reached via phone at 347-941-1871 or via email at [email protected]