Sleep Number Corporation (SNBR)

NASDAQ: SNBR · Real-Time Price · USD
3.230
+1.020 (46.15%)
Apr 28, 2026, 1:24 PM EDT - Market open
46.15%
Market Cap 74.42M
Revenue (ttm) 1.41B
Net Income (ttm) -131.96M
Shares Out 23.04M
EPS (ttm) -5.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 47,266,819
Open 2.800
Previous Close 2.210
Day's Range 2.770 - 4.240
52-Week Range 1.060 - 13.940
Beta 2.24
Analysts Hold
Price Target 4.50 (+39.32%)
Earnings Date May 12, 2026

About SNBR

Sleep Number Corporation, together with its subsidiaries, designs, manufactures, markets, distributes, retails, and services sleep solutions in the United States. It offers smart beds and adjustable bases, pillows, sheets, and other bedding products. The company sells its products direct-to-consumer retail touch points, including stores, online, phone, and chat. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. The company was incorporated in 1987 and is headquartered... [Read more]

IPO Date Dec 4, 1998
Employees 3,130
Stock Exchange NASDAQ
Ticker Symbol SNBR
Full Company Profile

Financial Performance

In fiscal year 2025, Sleep Number's revenue was $1.41 billion, a decrease of -16.10% compared to the previous year's $1.68 billion. Losses were -$131.96 million, 549.0% more than in 2024.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SNBR stock is "Hold." The 12-month stock price target is $4.5, which is an increase of 39.32% from the latest price.

Price Target
$4.5
(39.32% upside)
Analyst Consensus: Hold
Stock Forecasts

News

What's Behind The Jump In Sleep Number Shares?

Sleep Number (NASDAQ:SNBR) shares jumped on Tuesday, after the company reached a new financing agreement that gives it more liquidity and breathing room with lenders. The move is catching attention as...

2 hours ago - Benzinga

Sleep Number Launches “To a Good Life's Sleep™,” its Newest Fully Integrated Campaign and the Next Phase in its Brand Evolution

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) launched its newest marketing campaign, “To a Good Life's Sleep,” marking the company's first major integrated campaign in several...

4 hours ago - Business Wire

Sleep Number Announces Amendment to Credit Agreement

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number (Nasdaq: SNBR) announced today that it has reached an agreement with its lenders that provides additional $55 million of liquidity, including a $25 million t...

5 hours ago - Business Wire

Sleep Number's New, Innovative Product Line Available in Stores and Online Today

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that its redesigned mattress portfolio is now available for purchase nationwide in Sleep Number® stores and at Sle...

5 weeks ago - Business Wire

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 March 16, 2026, as a material inducement to the employment of the company's Execu...

6 weeks ago - Business Wire

These Analysts Slash Their Forecasts On Sleep Number Following Q4 Earnings

Sleep Number Corporation (NASDAQ: SNBR) reported better-than-expected fourth-quarter earnings on Thursday.

6 weeks ago - Benzinga

Sleep Number Earnings Call Transcript: Q4 2025

2025 saw a successful turnaround with cost reductions, a new product lineup, and improved margins despite lower sales. Liquidity remains a focus, with double-digit sales growth and higher EBITDA expected in the second half of 2026.

6 weeks ago - Transcripts

Sleep Number Redesigns Its Mattress Portfolio with Five Innovative New Beds That Adapt Night After Night as Customers' Needs Change

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced its largest product reset in almost a decade with the introduction of new, innovative beds designed to deliver a l...

6 weeks ago - Business Wire

Sleep Number Announces Fourth Quarter and Full Year 2025 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for fourth quarter and the year ended January 3, 2026. Linda Findley, President and CEO, commented, "Sleep ...

6 weeks ago - Business Wire

Sleep Number Corporation to Announce Fourth Quarter and Full Year 2025 Results on March 12, 2026

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal fourth quarter and full year results through January 3, 2026, before market open on Thursday, March 12, 20...

7 weeks ago - Business Wire

Sleep Number Releases its Newest Campaign Focused on the Value of Personalized Comfort Through Moments That Shape Everyday Life

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) debuted a campaign to highlight its newest product, marking a major shift in how the brand connects with consumers by moving beyon...

2 months ago - Business Wire

Sleep Number Welcomes Travis Kelce as its Newest Strategic Partner and Investor

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR) announces a strategic partnership with three-time Super Bowl champion Travis Kelce and welcomes him as its newest investor....

3 months ago - Business Wire

Exclusive: NFL star Travis Kelce takes stake in mattress maker Sleep Number

National Football League star Travis Kelce is taking a stake in Sleep Number as part of a partnership that will make him one of the mattress maker's top shareholders and a spokesman as it looks to att...

3 months ago - Reuters

Sleep Number Transcript: 28th Annual ICR Conference 2026

A new CEO has driven major cost reductions, management changes, and product innovation, including a new entry-level bed and modernized marketing. The company is optimizing its store footprint, improving financial flexibility, and targeting growth among value-focused and wellness-oriented customers.

3 months ago - Transcripts

Sleep Number Introduces ComfortMode™ Mattress: Premium Comfort at an Affordable Price

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announces its newest product, ComfortMode, its most comfortable mattress at a sub-$1,600 price point. ComfortMode delivers u...

3 months ago - Business Wire

Sleep Number to Participate in 28th Annual ICR Conference

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that Linda Findley, President and Chief Executive Officer, and Amy O'Keefe, Executive Vice President, Chief Financ...

4 months ago - Business Wire

Sleep Number Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that it granted an equity award on December 15, 2025, as a material inducement to the employment of the company's ...

4 months ago - Business Wire

Sleep Number Names Amy O'Keefe as CFO

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announces Amy O'Keefe as its next Chief Financial Officer (CFO), effective December 8, 2025. Interim CFO Bob Ryder will rema...

5 months ago - Business Wire

Sleep Number Earns J.D. Power Award, Ranked #1 in Customer Satisfaction with Mattresses Purchased In-Store and Online

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number (Nasdaq: SNBR) announced it is the most awarded mattress brand in the J.D. Power 2025 U.S. Mattress Satisfaction Study. The company was recognized as #1 in c...

5 months ago - Business Wire

Sleep Number Earnings Call Transcript: Q3 2025

Q3 sales fell 19.6% year over year amid aggressive competition and reduced marketing spend, but cost reductions and a new bank agreement provide flexibility for turnaround efforts. 2025 guidance includes $1.4B in sales, 60% gross margin, and negative $50M free cash flow, with 2026 focused on growth and further cost cuts.

6 months ago - Transcripts

Sleep Number Announces Third Quarter 2025 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 27, 2025. Linda Findley, President and CEO, commented, “We have successfull...

6 months ago - Business Wire

Sleep Number to Participate in Upcoming December Investor Conferences

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that Linda Findley, Chief Executive Officer, and Bob Ryder, interim Chief Financial Officer, will be participating...

6 months ago - Business Wire

Sleep Number Corporation to Announce Third Quarter 2025 Results on November 5, 2025

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through September 27, 2025, before market open on Wednesday, November 5, 2025. Manag...

6 months ago - Business Wire

Sleep Number Earnings Call Transcript: Q2 2025

Q2 net sales fell 19.7% year-over-year to $328 million due to a strategic marketing reset, but gross margin held steady at 59.1%. Cost reductions exceeded targets, with $130 million in annualized savings expected for 2025. Full-year sales are forecast to decline 14% to $1.45 billion.

9 months ago - Transcripts

Sleep Number Announces Second Quarter 2025 Results

MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended June 28, 2025. Linda Findley, President and CEO, commented, “Sleep Number is in a tur...

9 months ago - Business Wire