Sleep Number (SNBR) Stock Forecast, Price Target & Predictions


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SNBR Stock Forecast


Sleep Number stock forecast is as follows: an average price target of $12.00 (represents a -13.17% downside from SNBR’s last price of $13.82) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.

SNBR Price Target


The average price target for Sleep Number (SNBR) is $12.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $12.00. This represents a potential -13.17% downside from SNBR's last price of $13.82.

SNBR Analyst Ratings


Hold

According to 3 Wall Street analysts, Sleep Number's rating consensus is 'Hold'. The analyst rating breakdown for SNBR stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 3 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Sleep Number Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Peter KeithPiper Sandler$12.00$13.23-9.30%-13.17%
Apr 25, 2024Peter KeithPiper Sandler$13.00$13.98-7.01%-5.93%
Jun 14, 2022Peter KeithPiper Sandler$40.00$35.1913.67%189.44%
Apr 21, 2022-Piper Sandler$49.00$51.47-4.80%254.56%
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The latest Sleep Number stock forecast, released on Oct 31, 2024 by Peter Keith from Piper Sandler, set a price target of $12.00, which represents a -9.30% decrease from the stock price at the time of the forecast ($13.23), and a -13.17% decrease from SNBR last price ($13.82).

Sleep Number Price Target by Period


1M3M12M
# Anlaysts112
Avg Price Target$12.00$12.00$12.50
Last Closing Price$13.82$13.82$13.82
Upside/Downside-13.17%-13.17%-9.55%

In the current month, the average price target of Sleep Number stock is $12.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -13.17% decrease as opposed to Sleep Number's last price of $13.82. This month's average price target is down 0.00% compared to last quarter, and down -4.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024Piper SandlerNeutralNeutralHold
Sep 17, 2024Piper SandlerNeutralNeutralHold
Aug 01, 2024WedbushNeutralNeutralHold
Apr 25, 2024Piper SandlerNeutralNeutralHold
Jun 14, 2022Piper SandlerNeutralNeutralHold
Feb 24, 2022UBSNeutralNeutralHold
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Sleep Number's last stock rating was published by Piper Sandler on Oct 31, 2024. The company gave SNBR a "Neutral" rating, the same as its previous rate.

Sleep Number Financial Forecast


Sleep Number Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
Revenue---------$472.65M$458.79M$526.53M$497.53M$540.57M$549.07M$527.13M$491.98M$527.13M$549.07M$540.57M-$568.26M$484.32M$640.39M$567.90M$472.57M$284.94M$531.15M$474.78M$388.63M
Avg Forecast$406.53M$440.00M$414.04M$461.27M$389.75M$442.59M$415.05M$474.28M$420.78M$497.12M$471.39M$533.11M$495.69M$529.35M$506.14M$534.38M$601.20M$565.73M$511.03M$580.16M$555.15M$523.45M$245.99M$433.19M$426.59M$462.06M$336.30M$427.53M$418.49M$441.56M
High Forecast$410.26M$444.03M$417.83M$465.23M$392.16M$444.27M$415.05M$474.28M$434.34M$503.96M$475.70M$537.99M$500.23M$529.35M$506.14M$534.38M$601.20M$565.73M$511.03M$580.16M$555.15M$523.45M$245.99M$433.19M$426.59M$462.06M$336.30M$427.53M$502.19M$529.87M
Low Forecast$401.92M$435.01M$409.34M$457.32M$387.84M$440.90M$415.05M$474.28M$410.66M$489.83M$466.04M$527.07M$490.07M$529.35M$506.14M$534.38M$601.20M$565.73M$511.03M$580.16M$555.15M$523.45M$245.99M$433.19M$426.59M$462.06M$336.30M$427.53M$334.79M$353.25M
# Analysts11134333452212223333377876961420
Surprise %---------0.95%0.97%0.99%1.00%1.02%1.08%0.99%0.82%0.93%1.07%0.93%-1.09%1.97%1.48%1.33%1.02%0.85%1.24%1.13%0.88%

Sleep Number's average Quarter revenue forecast for Dec 23 based on 4 analysts is $420.78M, with a low forecast of $410.66M, and a high forecast of $434.34M. SNBR's average Quarter revenue forecast represents a -10.97% decrease compared to the company's last Quarter revenue of $472.65M (Sep 23).

Sleep Number EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts11134333452212223333377876961420
EBITDA---------$23.83M$29.76M$44.15M$18.97M$30.01M$66.02M$20.29M$30.27M$20.29M$66.02M$30.01M-$91.06M$44.88M$87.72M$89.91M$68.19M$3.31M$85.05M$54.23M$42.58M
Avg Forecast$38.56M$41.73M$39.27M$43.75M$36.97M$41.98M$39.37M$96.29M$39.91M$47.15M$44.71M$87.53M$51.07M$50.21M$48.00M$79.57M$46.43M$53.66M$48.47M$55.03M$52.65M$49.65M$23.33M$62.90M$40.46M$43.82M$31.90M$43.81M$45.62M$58.64M
High Forecast$38.91M$42.11M$39.63M$44.12M$37.19M$42.14M$39.37M$115.54M$41.20M$47.80M$45.12M$105.04M$61.28M$50.21M$48.00M$95.49M$55.71M$53.66M$48.47M$55.03M$52.65M$49.65M$23.33M$75.49M$40.46M$43.82M$31.90M$52.57M$54.75M$70.36M
Low Forecast$38.12M$41.26M$38.82M$43.37M$36.79M$41.82M$39.37M$77.03M$38.95M$46.46M$44.20M$70.03M$40.85M$50.21M$48.00M$63.66M$37.14M$53.66M$48.47M$55.03M$52.65M$49.65M$23.33M$50.32M$40.46M$43.82M$31.90M$35.04M$36.50M$46.91M
Surprise %---------0.51%0.67%0.50%0.37%0.60%1.38%0.25%0.65%0.38%1.36%0.55%-1.83%1.92%1.39%2.22%1.56%0.10%1.94%1.19%0.73%

4 analysts predict SNBR's average Quarter EBITDA for Dec 23 to be $39.91M, with a high of $41.20M and a low of $38.95M. This is 67.45% upper than Sleep Number's previous annual EBITDA (Sep 23) of $23.83M.

Sleep Number Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts11134333452212223333377876961420
Net Income---------$-2.32M$754.00K$11.46M$-5.43M$5.03M$34.93M$2.07M$11.14M$2.07M$22.25M$5.03M-$51.32M$22.25M$53.72M$61.36M$39.14M$-12.63M$51.32M$28.05M$25.60M
Avg Forecast$-1.45M$1.91M$1.65M$8.14M$-5.08M$-4.62M$-9.14M$55.27M$-19.84M$1.41M$-296.20K$50.25M$18.80M$1.31M$13.92M$45.68M$17.09M$32.47M$24.88M$41.39M$33.54M$23.99M$-14.06M$36.11M$16.90M$17.91M$598.80K$22.98M$22.02M$27.86M
High Forecast$-1.43M$1.94M$1.66M$8.64M$-3.00M$-4.55M$-9.01M$66.32M$-17.41M$1.64M$-291.83K$60.29M$22.56M$1.31M$13.92M$54.81M$20.51M$32.47M$25.88M$41.39M$33.54M$23.99M$-14.06M$43.33M$16.90M$17.91M$598.80K$27.58M$26.42M$33.43M
Low Forecast$-1.47M$1.89M$1.62M$7.65M$-8.31M$-4.68M$-9.25M$44.22M$-24.68M$1.02M$-299.72K$40.20M$15.04M$1.31M$13.92M$36.54M$13.67M$32.47M$23.87M$41.39M$33.54M$23.99M$-14.06M$28.89M$16.90M$17.91M$598.80K$18.38M$17.61M$22.29M
Surprise %----------1.65%-2.55%0.23%-0.29%3.84%2.51%0.05%0.65%0.06%0.89%0.12%-2.14%-1.58%1.49%3.63%2.18%-21.09%2.23%1.27%0.92%

Sleep Number's average Quarter net income forecast for Sep 23 is $1.41M, with a range of $1.02M to $1.64M. SNBR's average Quarter net income forecast represents a 86.62% increase compared to the company's last Quarter net income of $754.00K (Jun 23).

Sleep Number SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts11134333452212223333377876961420
SG&A---------$253.09M$237.57M$269.89M$256.44M$275.66M$259.22M$281.58M$250.16M$281.58M$259.22M$275.66M-$266.21M$247.21M$303.19M$268.80M$238.82M$166.88M$255.70M$248.23M$203.65M
Avg Forecast$208.52M$225.69M$212.37M$236.60M$199.91M$227.01M$212.89M$337.24M$215.83M$254.98M$241.79M$306.58M$422.11M$271.51M$259.61M$278.71M$383.74M$290.18M$262.12M$297.58M$284.75M$268.49M$126.18M$220.32M$218.81M$237.00M$172.49M$199.94M$218.20M$225.75M
High Forecast$210.43M$227.75M$214.31M$238.63M$201.15M$227.88M$212.89M$404.68M$222.78M$258.49M$244.00M$367.89M$506.53M$271.51M$259.61M$334.45M$460.48M$290.18M$262.12M$297.58M$284.75M$268.49M$126.18M$264.39M$218.81M$237.00M$172.49M$239.93M$261.84M$270.90M
Low Forecast$206.16M$223.13M$209.96M$234.57M$198.93M$226.15M$212.89M$269.79M$210.64M$251.25M$239.04M$245.26M$337.69M$271.51M$259.61M$222.97M$306.99M$290.18M$262.12M$297.58M$284.75M$268.49M$126.18M$176.26M$218.81M$237.00M$172.49M$159.96M$174.56M$180.60M
Surprise %---------0.99%0.98%0.88%0.61%1.02%1.00%1.01%0.65%0.97%0.99%0.93%-0.99%1.96%1.38%1.23%1.01%0.97%1.28%1.14%0.90%

Sleep Number's average Quarter SG&A projection for Dec 23 is $215.83M, based on 4 Wall Street analysts, with a range of $210.64M to $222.78M. The forecast indicates a -14.72% fall compared to SNBR last annual SG&A of $253.09M (Sep 23).

Sleep Number EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts11134333452212223333377876961420
EPS---------$-0.10$0.03$0.51$-0.24$0.23$1.56$0.09$0.49$0.09$1.56$0.23-$2.63$0.91$2.29$2.28$1.40$-0.45$1.83$0.96$0.54
Avg Forecast$-0.06$0.08$0.07$0.36$-0.22$-0.20$-0.40$-0.31$-0.88$0.06$-0.01$0.30$-0.22$0.06$0.62$0.33$1.59$1.44$1.10$1.83$1.48$1.06$-0.62$0.72$0.75$0.79$0.03$0.73$0.60$0.74
High Forecast$-0.06$0.09$0.07$0.38$-0.13$-0.20$-0.40$-0.31$-0.77$0.07$-0.01$0.31$-0.21$0.06$0.62$0.33$1.59$1.44$1.14$1.83$1.48$1.06$-0.62$0.72$0.75$0.79$0.03$0.73$0.72$0.89
Low Forecast$-0.06$0.08$0.07$0.34$-0.37$-0.21$-0.41$-0.32$-1.09$0.04$-0.01$0.30$-0.22$0.06$0.62$0.33$1.59$1.44$1.06$1.83$1.48$1.06$-0.62$0.72$0.75$0.79$0.03$0.73$0.48$0.59
Surprise %----------1.61%-2.29%1.69%1.11%3.96%2.53%0.27%0.31%0.06%1.42%0.13%-2.48%-1.46%3.18%3.05%1.77%-16.99%2.51%1.60%0.73%

According to 5 Wall Street analysts, Sleep Number's projected average Quarter EPS for Sep 23 is $0.06, with a low estimate of $0.04 and a high estimate of $0.07. This represents a 107.65% increase compared to SNBR previous annual EPS of $0.03 (Jun 23).

Sleep Number Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PRPLPurple Innovation$0.85$2.87237.65%Hold
LEGLeggett & Platt$12.17$22.3383.48%Hold
COOKTraeger$2.94$3.9534.35%Hold
MHKMohawk Industries$141.48$161.3614.05%Hold
ETDEthan Allen Interiors$29.30$33.0012.63%Hold
LOVELovesac Company$30.67$33.408.90%Buy
AMWDAmerican Woodmark$99.50$96.75-2.76%Buy
TPXTempur Sealy$55.32$50.00-9.62%Buy
SNBRSleep Number$13.82$12.00-13.17%Hold

SNBR Forecast FAQ


Is Sleep Number a good buy?

No, according to 3 Wall Street analysts, Sleep Number (SNBR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of SNBR's total ratings.

What is SNBR's price target?

Sleep Number (SNBR) average price target is $12 with a range of $12 to $12, implying a -13.17% from its last price of $13.82. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sleep Number stock go up soon?

According to Wall Street analysts' prediction for SNBR stock, the company can go down by -13.17% (from the last price of $13.82 to the average price target of $12), down by -13.17% based on the highest stock price target, and down by -13.17% based on the lowest stock price target.

Can Sleep Number stock reach $20?

SNBR's average twelve months analyst stock price target of $12 does not support the claim that Sleep Number can reach $20 in the near future.

What is Sleep Number's current price target trend?

1 Wall Street analyst forecast a $12 price target for Sleep Number (SNBR) this month, down -13.17% from its last price of $13.82. Compared to the last 3 and 12 months, the average price target decreased by -13.17% and decreased by -9.55%, respectively.

What are Sleep Number's analysts' financial forecasts?

Sleep Number's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.72B (high $1.73B, low $1.72B), average EBITDA is $214.59M (high $234.24M, low $195M), average net income is $36.42M (high $49.76M, low $21.97M), average SG&A $977.05M (high $1.05B, low $907.76M), and average EPS is $-1.146 (high $-1.041, low $-1.3). SNBR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.72B (high $1.74B, low $1.7B), average EBITDA is $163.31M (high $164.78M, low $161.58M), average net income is $10.25M (high $10.81M, low $9.69M), average SG&A $883.18M (high $891.12M, low $873.81M), and average EPS is $0.454 (high $0.479, low $0.429).

Did the SNBR's actual financial results beat the analysts' financial forecasts?

Based on Sleep Number's last annual report (Dec 2022), the company's revenue was $2.11B, beating the average analysts forecast of $2.07B by 2.36%. Apple's EBITDA was $135.28M, missing the average prediction of $228.85M by -40.89%. The company's net income was $36.61M, missing the average estimation of $79.71M by -54.07%. Apple's SG&A was $1.07B, missing the average forecast of $1.23B by -12.91%. Lastly, the company's EPS was $1.52, beating the average prediction of $0.785 by 93.75%. In terms of the last quarterly report (Sep 2023), Sleep Number's revenue was $472.65M, missing the average analysts' forecast of $497.12M by -4.92%. The company's EBITDA was $23.83M, missing the average prediction of $47.15M by -49.45%. Sleep Number's net income was $-2.318M, missing the average estimation of $1.41M by -264.74%. The company's SG&A was $253.09M, missing the average forecast of $254.98M by -0.74%. Lastly, the company's EPS was $-0.1, missing the average prediction of $0.0623 by -260.53%