Sleep Number Corporation (SNBR)

Sleep Number Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Sleep Number stock have an average target of 12.83, with a low estimate of 12 and a high estimate of 13.5. The average target predicts a decrease of -21.38% from the current stock price of 16.32.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$12	$12.83	$13	$13.5
Change	-26.47%	-21.38%	-20.34%	-17.28%

* Price targets were last updated on Oct 31, 2024.

Analyst Ratings

The average analyst rating for Sleep Number stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Keith Piper Sandler	Piper Sandler	Hold Maintains $16 → $12	Hold	Maintains	$16 → $12	-26.47%	Oct 31, 2024
Peter Keith Piper Sandler	Piper Sandler	Hold Maintains $12 → $16	Hold	Maintains	$12 → $16	-1.96%	Sep 17, 2024
Peter Keith Piper Sandler	Piper Sandler	Hold Maintains $13 → $12	Hold	Maintains	$13 → $12	-26.47%	Aug 1, 2024
Seth Basham Wedbush	Wedbush	Hold Reiterates $14	Hold	Reiterates	$14	-17.28%	Apr 25, 2024
Atul Maheswari UBS	UBS	Hold Maintains $12 → $13	Hold	Maintains	$12 → $13	-20.34%	Apr 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.73B

Decreased by -8.40%

from 1.89B

Revenue Next Year

1.76B

Increased by 1.68%

from 1.73B

EPS This Year

-0.93

from -0.68

EPS Next Year

0.37

from -0.93

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.70B	1.86B	2.18B	2.11B	1.89B	1.73B	1.76B	1.81B
Revenue Growth	10.89%	9.32%	17.69%	-3.23%	-10.73%	-8.40%	1.68%	3.07%
EPS	2.70	4.90	6.16	1.60	-0.68	-0.93	0.37	0.97
EPS Growth	40.63%	81.48%	25.71%	-74.03%	-	-	-	159.56%
Forward PE	-	-	-	-	-	-	43.72	16.84
No. Analysts	-	-	-	-	-	7	7	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.8B	1.8B	1.9B
Avg	1.7B	1.8B	1.8B
Low	1.7B	1.7B	1.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-5.5%	6.1%	7.7%
Avg	-8.4%	1.7%	3.1%
Low	-12.2%	-3.9%	-3.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.86	0.77	1.17
Avg	-0.93	0.37	0.97
Low	-1.03	0.02	0.68

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	212.2%
Avg	-	-	159.6%
Low	-	-	81.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.