Sleep Number (SNBR) Stock Forecast, Price Target & Predictions
SNBR Stock Forecast
Sleep Number stock forecast is as follows: an average price target of $12.00 (represents a -29.35% downside from SNBR’s last price of $16.98) 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 -29.35% downside from SNBR's last price of $16.98.
SNBR Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Peter Keith | Piper Sandler | $12.00 | $13.23 | -9.30% | -29.35% |
| Apr 25, 2024 | Peter Keith | Piper Sandler | $13.00 | $13.98 | -7.01% | -23.46% |
| Jun 14, 2022 | Peter Keith | Piper Sandler | $40.00 | $35.19 | 13.67% | 135.50% |
| Apr 21, 2022 | Piper Sandler | $49.00 | $51.47 | -4.80% | 188.49% |
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 -29.35% decrease from SNBR last price ($16.98).
Sleep Number Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $12.00 | $12.50 |
| Last Closing Price | $16.98 | $16.98 | $16.98 |
| Upside/Downside | -100.00% | -29.35% | -26.41% |
In the current month, the average price target of Sleep Number stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sleep Number's last price of $16.98. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 01, 2024 | Wedbush | Neutral | Neutral | Hold |
| Apr 25, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 14, 2022 | Piper Sandler | Neutral | Neutral | Hold |
| Feb 24, 2022 | UBS | Neutral | Neutral | Hold |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 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 | $406.54M | $440.01M | $414.03M | $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 | $410.62M | $444.42M | $418.19M | $465.23M | $392.16M | $444.27M | $415.05M | $474.28M | $434.34M | $503.96M | $476.12M | $538.47M | $500.67M | $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 | $401.15M | $434.17M | $408.54M | $457.32M | $387.84M | $440.90M | $415.05M | $474.28M | $410.66M | $489.83M | $465.14M | $526.04M | $489.11M | $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 |
| # Analysts | 1 | 1 | 1 | 3 | 4 | 3 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 | 20 |
| 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 3 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 | 20 |
| 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 | $37.95M | $41.08M | $38.65M | $43.06M | $36.38M | $41.32M | $38.75M | $96.29M | $39.28M | $46.41M | $44.01M | $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 | $38.33M | $41.49M | $39.04M | $43.43M | $36.61M | $41.47M | $38.75M | $115.54M | $40.55M | $47.05M | $44.45M | $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 | $37.45M | $40.53M | $38.14M | $42.69M | $36.21M | $41.16M | $38.75M | $77.03M | $38.34M | $45.73M | $43.42M | $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% | 0.68% | 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 $39.28M, with a high of $40.55M and a low of $38.34M. This is 64.81% upper than Sleep Number's previous annual EBITDA (Sep 23) of $23.83M.
Sleep Number Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 3 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 | 20 |
| 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 | $-1.44M | $1.91M | $1.63M | $8.17M | $-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 | $-1.42M | $1.94M | $1.65M | $8.66M | $-3.00M | $-4.54M | $-8.99M | $66.32M | $-17.41M | $1.64M | $-291.09K | $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 | $-1.46M | $1.88M | $1.60M | $7.67M | $-8.31M | $-4.68M | $-9.26M | $44.22M | $-24.68M | $1.02M | $-300.06K | $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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 3 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 | 20 |
| 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 | $207.84M | $224.95M | $211.67M | $235.82M | $199.25M | $226.27M | $212.19M | $337.24M | $215.12M | $254.14M | $240.99M | $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 | $209.93M | $227.21M | $213.79M | $237.84M | $200.48M | $227.13M | $212.19M | $404.68M | $222.05M | $257.64M | $243.41M | $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 | $205.08M | $221.96M | $208.86M | $233.80M | $198.28M | $225.40M | $212.19M | $269.79M | $209.94M | $250.42M | $237.79M | $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 % | - | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 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 $215.12M, based on 4 Wall Street analysts, with a range of $209.94M to $222.05M. The forecast indicates a -15.00% fall compared to SNBR last annual SG&A of $253.09M (Sep 23).
Sleep Number EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Sep 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 4 | 3 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 | 20 |
| 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PRPL | Purple Innovation | $0.90 | $1.30 | 44.44% | Hold |
| LOVE | Lovesac Company | $26.69 | $38.00 | 42.38% | Buy |
| AMWD | American Woodmark | $84.11 | $115.67 | 37.52% | Buy |
| COOK | Traeger | $3.01 | $4.08 | 35.55% | Hold |
| MHK | Mohawk Industries | $124.70 | $161.71 | 29.68% | Hold |
| LEG | Leggett & Platt | $10.80 | $12.00 | 11.11% | Hold |
| ETD | Ethan Allen Interiors | $29.92 | $33.00 | 10.29% | Hold |
| TPX | Tempur Sealy | $56.95 | $52.00 | -8.69% | Buy |
| SNBR | Sleep Number | $18.92 | $12.00 | -36.58% | Hold |