Sleep Number (SNBR)
NASDAQ:SNBR
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SNBR Stock Chart & Stats
$2.53
-$0.05(-0.33%)
At close: 4:00 PM EST
$2.53
-$0.05(-0.33%)
Day’s Range― - ―
52-Week Range$0.30 - $13.94
Previous CloseN/A
Volume84.29K
Average Volume (3M)702.55K
Market Cap
$8.99M
Enterprise Value$979.58M
Total Cash (Recent Filing)$1.48M
Total Debt (Recent Filing)$953.64M
Price to Earnings (P/E)―
Beta4.09
Next Earnings
Jul 23, 2026EPS Estimate
-0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.57
Shares Outstanding23,049,000
10 Day Avg. Volume1,142,307
30 Day Avg. Volume702,550
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.34
Price to Sales (P/S)0.14
P/FCF Ratio-11.12
Enterprise Value/Market Cap108.92
Enterprise Value/Revenue0.73
Enterprise Value/Gross Profit1.26
Enterprise Value/Ebitda-30.46
Forecast
1Y Price Target
$2.50Price Target Upside-1.19% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-0.71
Revenue Forecast (FY)$1.36B
Bulls Say, Bears Say
Bulls Say
Product Reset & ARU UpliftA rapid product reset that drove a durable ~12% ARU uplift indicates improved product-market fit and pricing power. Higher ticket sizes and stronger NPS reduce reliance on discounting, enhancing unit economics and providing a structural lever to restore revenue and margins over the next several quarters.
Sustainably High Gross MarginsConsistently high gross margins reflect differentiated, vertically integrated smart-bed products and direct-to-consumer sales. This structural margin advantage provides room to absorb marketing or distribution investments while enabling faster operating leverage if sales stabilize and fixed costs are reduced.
Material, Executed Cost SavingsExecution of substantial, structural cost reductions (~$200M executed) materially lowers the company’s fixed-cost base. These savings improve the break-even point, increase cash-flow resiliency and sustainably enhance profitability potential if revenue recovers, making the turnaround more viable.
Bears Say
Chapter 11 Sale ProcessA court-supervised Chapter 11 sale is a material structural change that signals severe capital-structure distress. While operations continue under DIP financing, the process elevates bankruptcy-related execution risk, likely equity impairment, and strategic uncertainty that will shape the company's competitive position.
Negative Shareholders' EquityPersistently negative shareholders’ equity is a fundamental constraint on financial flexibility. It limits traditional financing options, raises cost of capital, and reduces the firm’s ability to absorb shocks or invest for growth, materially affecting recovery prospects and creditor negotiations.
Cash-flow And Near-term Financing RiskRecent negative operating and free cash flow combined with a near-term term-loan maturity create structural liquidity risk. Dependence on DIP financing and lender amendments constrains strategic options, elevates refinancing risk, and could force deeper cost cuts or asset sales absent a durable recapitalization.
Sleep Number News
SNBR FAQ
What was Sleep Number’s price range in the past 12 months?
Sleep Number lowest stock price was $0.30 and its highest was $13.94 in the past 12 months.
What is Sleep Number’s market cap?
Sleep Number’s market cap is $8.99M.
When is Sleep Number’s upcoming earnings report date?
Sleep Number’s upcoming earnings report date is Jul 23, 2026 which is in 38 days.
How were Sleep Number’s earnings last quarter?
Sleep Number released its earnings results on May 12, 2026. The company reported -$2.19 earnings per share for the quarter, missing the consensus estimate of -$0.392 by -$1.798.
Is Sleep Number overvalued?
According to Wall Street analysts Sleep Number’s price is currently Overvalued.
Does Sleep Number pay dividends?
Sleep Number does not currently pay dividends.
What is Sleep Number’s EPS estimate?
Sleep Number’s EPS estimate is -0.37.
How many shares outstanding does Sleep Number have?
Sleep Number has 23,049,000 shares outstanding.
What happened to Sleep Number’s price movement after its last earnings report?
Sleep Number reported an EPS of -$2.19 in its last earnings report, missing expectations of -$0.392. Following the earnings report the stock price went down -22.449%.
Which hedge fund is a major shareholder of Sleep Number?
Currently, no hedge funds are holding shares in SNBR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Sleep Number
Sleep Number Corporation, along with its subsidiaries, provides a range of sleep-related products and support services throughout the United States. The company oversees the entire lifecycle of its primary bedding offerings—including beds, pillows, and sheets—from their conception and production to their promotion, direct sales, and ongoing maintenance, all marketed under the Sleep Number brand. Additionally, they furnish adjustable bed bases, known as FlexFit, and advanced smart beds under the Sleep Number 360 designation. Their distribution strategy involves direct sales to consumers via diverse channels such as brick-and-mortar stores, online platforms, telephone orders, and live chat, as well as general e-commerce operations. By January 2, 2022, the corporation maintained roughly 648 retail establishments spanning all 50 states. This entity was formerly known as Select Comfort Corporation until its rebranding to Sleep Number Corporation in November 2017. Established in 1987, its corporate headquarters are located in Minneapolis, Minnesota.
SNBR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mix of encouraging operational progress and meaningful near-term financial stress. Highlights include a successful and fast product reset with strong early consumer metrics (NPS gains, ARU improvement, lower returns), improving March and April demand trends, e-commerce growth, sizeable cost-savings execution, and short-term lender support that provided $55 million of incremental liquidity. Offsetting these positives are significant YoY revenue decline (-19%), margin compression (~329 bps YoY), negative free cash flow for the quarter, a short-term $25 million term loan maturing June 30, 2026 that requires a recapitalization, and continued reliance on discounts to clear legacy inventory. Overall the company shows tangible operational momentum but remains exposed to capital-structure and cash-flow risk until a longer-term financing solution is secured.View all SNBR earnings summariesSNBR Net sales Breakdown
86.84% Retail stores
13.16% Online, phone, chat and other
SNBR Stock 12 Month Forecast
Average Price Target
$2.50
▼(-1.19% Downside)
Technical Analysis
Ethan Allen
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MillerKnoll
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La-Z-Boy Incorporated
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Leggett & Platt
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Purple Innovation
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Ownership Overview
18.28% Insiders
13.28% Mutual Funds
31.08% Other Institutional Investors
25.55% Public Companies and
Individual Investors