SNBR icon

Sleep Number

7.10 USD
-0.68
8.74%
At close Jun 13, 4:00 PM EDT
1 day
-8.74%
5 days
-27.10%
1 month
-19.50%
3 months
14.33%
6 months
-64.21%
Year to date
-52.51%
1 year
-47.76%
5 years
-82.12%
10 years
-75.61%
 

About: Sleep Number Corp. is a wellness technology company engaged in the design, manufacturing, marketing and distribution of sleep solutions. The Company generates revenue by marketing and selling its smart beds directly to new and existing customers through its vertically integrated, exclusive, direct-to-consumer retail touch points including Stores, Online, Phone, and Chat (Total Retail). The products offered by the company are Mattresses, Bedding, Pillows and Furniture.

Employees: 3,654

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

10% more call options, than puts

Call options by funds: $887K | Put options by funds: $810K

0% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 37

7% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 29

2% less funds holding

Funds holding: 122 [Q4 2024] → 119 (-3) [Q1 2025]

11.47% less ownership

Funds ownership: 87.63% [Q4 2024] → 76.16% (-11.47%) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 2 (-2) [Q1 2025]

64% less capital invested

Capital invested by funds: $299M [Q4 2024] → $108M (-$191M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$6
15%
downside
Avg. target
$6
15%
downside
High target
$6
15%
downside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Piper Sandler
Peter Keith
15%downside
$6
Neutral
Maintained
11 Apr 2025

Financial journalist opinion

Based on 4 articles about SNBR published over the past 30 days

Neutral
Business Wire
5 days ago
Sleep Number® Smart Bed Research from Over 9,100 Sleep Sessions Shows How Built-In Temperature Programs Improve Sleep, Especially for Women
MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR) will present new temperature-focused research using real-world Sleep Number smart bed data at SLEEP 2025. The results indicate that personalized bed temperature, a unique feature available in the brand's ClimateSeries™ smart beds, can improve sleep quality and overall wellness. The results are especially important for women, including those experiencing menopause symptoms, and show how Sleep Number's smart beds can ada.
Sleep Number® Smart Bed Research from Over 9,100 Sleep Sessions Shows How Built-In Temperature Programs Improve Sleep, Especially for Women
Positive
Zacks Investment Research
1 week ago
Despite Fast-paced Momentum, Sleep Number (SNBR) Is Still a Bargain Stock
Sleep Number (SNBR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Despite Fast-paced Momentum, Sleep Number (SNBR) Is Still a Bargain Stock
Positive
Zacks Investment Research
2 weeks ago
Should Value Investors Buy Sleep Number (SNBR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Sleep Number (SNBR) Stock?
Neutral
Business Wire
4 weeks ago
Sleep Number Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that it granted equity awards on May 15, 2025, as a material inducement to the employment of the company's newly-hired Executive Vice President and Chief Marketing Officer, Amber Minson. In connection with the appointment of Minson as Executive Vice President and Chief Marketing Officer effective May 5, 2025, Sleep Number granted Minson employment inducement awards consisting of: (i) 21,724 shares in a perform.
Sleep Number Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
Positive
Zacks Investment Research
1 month ago
Here's Why Sleep Number (SNBR) Is a Great 'Buy the Bottom' Stock Now
Sleep Number (SNBR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Here's Why Sleep Number (SNBR) Is a Great 'Buy the Bottom' Stock Now
Neutral
Seeking Alpha
1 month ago
Sleep Number Corporation (SNBR) Q1 2025 Earnings Call Transcript
Sleep Number Corporation (SNBR) Q1 2025 Earnings Call Transcript
Sleep Number Corporation (SNBR) Q1 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Compared to Estimates, Sleep Number (SNBR) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Sleep Number (SNBR) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Compared to Estimates, Sleep Number (SNBR) Q1 Earnings: A Look at Key Metrics
Negative
Zacks Investment Research
1 month ago
Sleep Number (SNBR) Reports Q1 Loss, Tops Revenue Estimates
Sleep Number (SNBR) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.03 per share a year ago.
Sleep Number (SNBR) Reports Q1 Loss, Tops Revenue Estimates
Neutral
Business Wire
1 month ago
Sleep Number Announces Leadership Team Changes as Part of Organizational Redesign
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced a series of changes to its Executive Leadership Team, reporting into Linda Findley, President and CEO, aimed to grow and support its near- and long-term strategy. These changes are part of the company's organizational redesign, creating a more streamlined decision-making process to deliver on efficiency and increased accountability. “Since joining Sleep Number, I have been evaluating opportunities to create a.
Sleep Number Announces Leadership Team Changes as Part of Organizational Redesign
Neutral
Business Wire
1 month ago
Sleep Number Announces First Quarter 2025 Results
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended March 29, 2025. Linda Findley, President and CEO, commented, “We are laser focused on delivering strong returns for shareholders and are taking a different approach to the Sleep Number business. I see a way to run our business on a lower cost basis without compromising our topline. We are fundamentally changing how we operate. We implemented an organizational redesign, including ch.
Sleep Number Announces First Quarter 2025 Results
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