Sleep Number (SNBR) Stock Forecast, Price Target & Predictions
SNBR Stock Forecast
Sleep Number stock forecast is as follows: an average price target of $13.00 (represents a -33.67% downside from SNBR’s last price of $19.60) 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 $13.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $13.00. This represents a potential -33.67% downside from SNBR's last price of $19.60.
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 |
|---|---|---|---|---|---|---|
| Apr 25, 2024 | Peter Keith | Piper Sandler | $13.00 | $13.98 | -7.01% | -33.67% |
| Jun 14, 2022 | Peter Keith | Piper Sandler | $40.00 | $35.19 | 13.67% | 104.08% |
| Apr 21, 2022 | - | Piper Sandler | $49.00 | $51.47 | -4.80% | 150.00% |
The latest Sleep Number stock forecast, released on Apr 25, 2024 by Peter Keith from Piper Sandler, set a price target of $13.00, which represents a -7.01% decrease from the stock price at the time of the forecast ($13.98), and a -33.67% decrease from SNBR last price ($19.60).
Sleep Number Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $13.00 |
| Last Closing Price | $19.60 | $19.60 | $19.60 |
| Upside/Downside | -100.00% | -100.00% | -33.67% |
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 $19.60. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Sep 17, 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 | $450.35M | $461.59M | $420.95M | $477.73M | $430.79M | $445.96M | $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 | $457.25M | $468.67M | $427.41M | $485.06M | $437.40M | $454.46M | $421.41M | $481.55M | $434.34M | $503.96M | $478.62M | $541.29M | $503.29M | $537.46M | $514.84M | $543.57M | $611.54M | $575.46M | $519.82M | $590.14M | $564.69M | $532.46M | $250.22M | $440.64M | $433.93M | $470.01M | $342.08M | $434.88M | $502.19M | $529.87M |
| Low Forecast | $441.00M | $452.00M | $412.21M | $467.81M | $421.85M | $438.30M | $406.43M | $464.43M | $410.66M | $489.83M | $461.60M | $522.04M | $485.40M | $518.35M | $496.53M | $524.24M | $589.80M | $555.00M | $501.34M | $569.16M | $544.62M | $513.52M | $241.33M | $424.97M | $418.50M | $453.30M | $329.92M | $419.41M | $334.79M | $353.25M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 3 | 3 | 2 | 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 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 3 | 3 | 2 | 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 | $42.71M | $43.78M | $39.93M | $45.31M | $40.86M | $42.30M | $39.37M | $96.29M | $39.91M | $47.15M | $44.71M | $87.53M | $47.01M | $75.54M | $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 | $43.37M | $44.45M | $40.54M | $46.01M | $41.49M | $43.10M | $39.97M | $115.54M | $41.20M | $47.80M | $45.39M | $105.04M | $47.73M | $90.65M | $48.83M | $95.49M | $55.71M | $54.58M | $49.30M | $55.97M | $53.56M | $50.50M | $23.73M | $75.49M | $41.16M | $44.58M | $32.44M | $52.57M | $54.75M | $70.36M |
| Low Forecast | $41.83M | $42.87M | $39.10M | $44.37M | $40.01M | $41.57M | $38.55M | $77.03M | $38.95M | $46.46M | $43.78M | $70.03M | $46.04M | $60.44M | $47.09M | $63.66M | $37.14M | $52.64M | $47.55M | $53.98M | $51.65M | $48.71M | $22.89M | $50.32M | $39.69M | $42.99M | $31.29M | $35.04M | $36.50M | $46.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.51% | 0.67% | 0.50% | 0.40% | 0.40% | 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 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 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 3 | 3 | 2 | 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 | $6.01M | $1.36M | $1.51M | $7.59M | $169.60K | $-4.86M | $-9.16M | $55.27M | $-19.86M | $1.41M | $-296.54K | $50.25M | $-4.90M | $45.58M | $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 | $6.13M | $1.39M | $1.54M | $7.74M | $172.99K | $-3.65M | $-8.91M | $66.32M | $-17.43M | $1.64M | $-288.53K | $60.29M | $-4.77M | $54.70M | $14.23M | $54.81M | $20.51M | $33.19M | $25.43M | $42.31M | $34.29M | $24.52M | $-13.71M | $43.33M | $17.28M | $18.31M | $612.18K | $27.58M | $26.42M | $33.43M |
| Low Forecast | $5.85M | $1.33M | $1.47M | $7.39M | $165.03K | $-6.32M | $-9.34M | $44.22M | $-24.71M | $1.02M | $-302.45K | $40.20M | $-5.00M | $36.47M | $13.58M | $36.54M | $13.67M | $31.67M | $24.26M | $40.37M | $32.72M | $23.40M | $-14.37M | $28.89M | $16.49M | $17.47M | $584.03K | $18.38M | $17.61M | $22.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | -1.65% | -2.54% | 0.23% | 1.11% | 0.11% | 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 86.83% 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 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 3 | 3 | 2 | 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 | $230.99M | $236.76M | $215.92M | $245.04M | $220.96M | $228.74M | $212.89M | $337.24M | $215.83M | $254.98M | $241.79M | $306.58M | $254.25M | $227.13M | $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 | $234.54M | $240.39M | $219.23M | $248.80M | $224.35M | $233.11M | $216.15M | $404.68M | $222.78M | $258.49M | $245.49M | $367.89M | $258.15M | $272.55M | $264.07M | $334.45M | $460.48M | $295.17M | $266.63M | $302.70M | $289.64M | $273.11M | $128.35M | $264.39M | $222.57M | $241.08M | $175.46M | $239.93M | $261.84M | $270.90M |
| Low Forecast | $226.20M | $231.84M | $211.43M | $239.95M | $216.38M | $224.82M | $208.47M | $269.79M | $210.64M | $251.25M | $236.77M | $245.26M | $248.97M | $181.70M | $254.68M | $222.97M | $306.99M | $284.67M | $257.15M | $291.93M | $279.35M | $263.40M | $123.78M | $176.26M | $214.66M | $232.51M | $169.22M | $159.96M | $174.56M | $180.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 0.88% | 1.01% | 1.21% | 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 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 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 3 | 3 | 2 | 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 | $0.27 | $0.06 | $0.07 | $0.34 | $0.01 | $-0.21 | $-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 | $0.27 | $0.06 | $0.07 | $0.34 | $0.01 | $-0.16 | $-0.39 | $-0.30 | $-0.77 | $0.07 | $-0.01 | $0.31 | $-0.21 | $0.06 | $0.63 | $0.34 | $1.63 | $1.47 | $1.12 | $1.87 | $1.52 | $1.08 | $-0.61 | $0.74 | $0.76 | $0.81 | $0.03 | $0.75 | $0.72 | $0.89 |
| Low Forecast | $0.26 | $0.06 | $0.06 | $0.33 | $0.01 | $-0.28 | $-0.41 | $-0.32 | $-1.09 | $0.04 | $-0.01 | $0.29 | $-0.22 | $0.06 | $0.60 | $0.32 | $1.55 | $1.40 | $1.07 | $1.79 | $1.45 | $1.03 | $-0.64 | $0.70 | $0.73 | $0.77 | $0.03 | $0.71 | $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 | $1.05 | $2.87 | 173.33% | Hold |
| LEG | Leggett & Platt | $13.16 | $23.33 | 77.28% | Sell |
| LOVE | Lovesac Company | $26.14 | $33.40 | 27.77% | Buy |
| COOK | Traeger | $3.58 | $4.00 | 11.73% | Buy |
| MHK | Mohawk Industries | $156.61 | $161.64 | 3.21% | Hold |
| ETD | Ethan Allen Interiors | $32.14 | $33.00 | 2.68% | Hold |
| AMWD | American Woodmark | $92.56 | $91.50 | -1.15% | Hold |
| TPX | Tempur Sealy | $52.97 | $50.00 | -5.61% | Buy |
| SNBR | Sleep Number | $19.59 | $13.00 | -33.64% | 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 $13 with a range of $13 to $13, implying a -33.67% from its last price of $19.6. 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 -33.67% (from the last price of $19.6 to the average price target of $13), down by -33.67% based on the highest stock price target, and down by -33.67% based on the lowest stock price target.
Can Sleep Number stock reach $30?
SNBR's average twelve months analyst stock price target of $13 does not support the claim that Sleep Number can reach $30 in the near future.
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 $1.77B (high $1.79B, low $1.73B), average EBITDA is $218.81M (high $240.1M, low $197.16M), average net income is $41.42M (high $53.94M, low $28.72M), average SG&A $999.83M (high $1.08B, low $919.45M), and average EPS is $-0.924 (high $-0.851, low $-1.003). SNBR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.81B (high $1.84B, low $1.77B), average EBITDA is $171.73M (high $174.36M, low $168.16M), average net income is $16.48M (high $16.81M, low $16.03M), average SG&A $928.71M (high $942.95M, low $909.43M), and average EPS is $0.729 (high $0.743, low $0.709).
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 $250.14M by -45.92%. The company's net income was $36.61M, missing the average estimation of $100.28M by -63.49%. Apple's SG&A was $1.07B, beating the average forecast of $1.02B by 5.22%. 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 -264.55%. 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%