Sleep Number (SNBR)
NASDAQ:SNBR
SNBR Stock Chart & Stats
$2.54
-$0.05(-0.33%)
At close: 4:00 PM EST
$2.54
-$0.05(-0.33%)
Day’s Range― - ―
52-Week Range$2.54 - $13.94
Previous CloseN/A
Volume84.29K
Average Volume (3M)702.55K
Market Cap
$58.07M
Enterprise Value$998.88M
Total Cash (Recent Filing)$1.69M
Total Debt (Recent Filing)$942.50M
Price to Earnings (P/E)―
Beta3.31
Next Earnings
Apr 29, 2026EPS Estimate
-0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.55
Shares Outstanding22,864,000
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 Cap17.20
Enterprise Value/Revenue0.71
Enterprise Value/Gross Profit1.20
Enterprise Value/Ebitda17.43
Forecast
1Y Price Target
$4.50Price Target Upside77.17% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-0.47
Revenue Forecast (FY)$1.37B
Bulls Say, Bears Say
Bulls Say
Sustainably High Gross MarginsSleep Number’s gross margins (~57%–60%) are structurally strong for a branded, DTC mattress maker. High product gross margin provides a durable cushioning effect for profitability as sales recover, enabling the company to convert incremental volume to operating margin faster than low-margin peers.
Large, Executed Cost SavingsManagement has materially reduced the fixed-cost base via $185M of annualized savings and has a further $50M identified. These structural cost cuts lower the break-even sales level, improve operating leverage, and reduce cash burn, making a return to sustained profitability and positive FCF more achievable.
Product And Brand MomentumNew product traction (ComfortMode outselling plan 3.5x) and rising premium-brand consideration signal improved product-market fit and marketing effectiveness. A simplified lineup and stronger brand equity support durable unit economics and better attachment rates for accessories over the medium term.
Bears Say
Stressed Balance Sheet; Negative EquityNegative shareholders’ equity and debt exceeding reported assets indicate a highly leveraged capital structure. This reduces financial flexibility, increases refinancing and covenant risk, and raises the probability that operational setbacks will require dilutive or otherwise value-destructive capital solutions to stabilize liquidity.
Inconsistent And Negative Cash GenerationCash flow has been volatile and recently negative, undermining the company’s ability to self-fund operations, invest in marketing or capex, and service debt. Reliance on external financing or covenant flexibility is therefore elevated until sustained positive operating cash flow is demonstrated.
Persistent Top-line WeaknessDeclining revenue and weak near-term sales pressure operating leverage and make margin recovery harder. Top-line shrinkage also forces higher markdowns and inventory clearance, delays scale benefits from SKU rationalization, and lengthens the timeline to sustainable profitability.
Sleep Number News
SNBR FAQ
What was Sleep Number’s price range in the past 12 months?
Sleep Number lowest stock price was $2.54 and its highest was $13.94 in the past 12 months.
What is Sleep Number’s market cap?
Sleep Number’s market cap is $58.07M.
When is Sleep Number’s upcoming earnings report date?
Sleep Number’s upcoming earnings report date is Apr 29, 2026 which is in 35 days.
How were Sleep Number’s earnings last quarter?
Sleep Number released its earnings results on Mar 12, 2026. The company reported -$2.55 earnings per share for the quarter, missing the consensus estimate of -$0.501 by -$2.049.
Is Sleep Number overvalued?
According to Wall Street analysts Sleep Number’s price is currently Undervalued.
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 -0.35.
How many shares outstanding does Sleep Number have?
Sleep Number has 22,864,000 shares outstanding.
What happened to Sleep Number’s price movement after its last earnings report?
Sleep Number reported an EPS of -$2.55 in its last earnings report, missing expectations of -$0.501. Following the earnings report the stock price went down -20.044%.
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
Sleep Number Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
$4.50 (77.17% Upside)
$4.50 (77.17% Upside)
Hedge Fund Trend
Increased
By 6.8K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.12%
12-Months-Change
Fundamentals
Return on Equity
16.35%
Trailing 12-Months
Asset Growth
-13.33%
Trailing 12-Months
Company Description
Sleep Number
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides adjustable bases under the FlextFit, and smart beds under the Sleep Number 360 brands. The company sells its products directly to consumers through retail, online, phone, and chat as well as through its e-commerce activities. As of January 2, 2022, it operated approximately 648 retail stores in 50 states. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota.
SNBR Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented meaningful evidence of a successful operational turnaround: product launch traction (Comfort mode selling well), substantial cost reductions ($185M executed plus $50M identified), improved adjusted EBITDA (beat guidance), and strengthening brand metrics. However, the company continues to face significant top-line pressure (FY sales down 16%, Q4 and Q1 softness), a Q4 inventory obsolescence charge, short-term margin headwinds from clearance activity, and ongoing liquidity and capital-structure work. Overall, the tone is cautiously optimistic — strong early wins and clear operational progress offset by material near-term revenue and liquidity challenges.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
$4.50
▲(77.17% Upside)
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
9.57% Insiders
17.39% Mutual Funds
27.52% Other Institutional Investors
27.43% Public Companies and
Individual Investors