Wedbush Predicts Sleep Number's Q1 Earnings (NASDAQ:SNBR)

Sleep Number Co. (NASDAQ:SNBR - Free Report) - Research analysts at Wedbush issued their Q1 2025 EPS estimates for shares of Sleep Number in a research report issued on Thursday, March 6th. Wedbush analyst S. Basham expects that the company will post earnings per share of $0.16 for the quarter. Wedbush has a "Neutral" rating and a $12.00 price target on the stock. The consensus estimate for Sleep Number's current full-year earnings is ($0.42) per share. Wedbush also issued estimates for Sleep Number's Q2 2025 earnings at ($0.02) EPS.

Several other equities analysts have also recently commented on the stock. Piper Sandler dropped their target price on shares of Sleep Number from $12.00 to $11.00 and set a "neutral" rating on the stock in a research report on Thursday. StockNews.com raised shares of Sleep Number from a "hold" rating to a "buy" rating in a research report on Thursday, January 9th.

Sleep Number Trading Up 1.1 %

NASDAQ SNBR traded up $0.08 during trading hours on Friday, hitting $7.57. The company's stock had a trading volume of 1,935,111 shares, compared to its average volume of 425,357. Sleep Number has a 52 week low of $6.91 and a 52 week high of $20.75. The company has a market capitalization of $169.35 million, a PE ratio of -4.18 and a beta of 2.14. The company's 50-day simple moving average is $15.81 and its two-hundred day simple moving average is $15.69.

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Institutional Investors Weigh In On Sleep Number

Hedge funds have recently modified their holdings of the stock. Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in Sleep Number by 1.1% in the 4th quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 137,463 shares of the company's stock valued at $2,095,000 after buying an additional 1,496 shares in the last quarter. GAMMA Investing LLC grew its stake in Sleep Number by 28.8% in the 4th quarter. GAMMA Investing LLC now owns 7,443 shares of the company's stock valued at $113,000 after buying an additional 1,664 shares in the last quarter. Summit Securities Group LLC purchased a new position in Sleep Number in the 4th quarter valued at approximately $33,000. Northern Trust Corp grew its stake in Sleep Number by 1.1% in the 4th quarter. Northern Trust Corp now owns 198,667 shares of the company's stock valued at $3,028,000 after buying an additional 2,167 shares in the last quarter. Finally, State Street Corp grew its stake in Sleep Number by 0.6% in the 3rd quarter. State Street Corp now owns 440,547 shares of the company's stock valued at $8,071,000 after buying an additional 2,472 shares in the last quarter. Institutional investors own 85.67% of the company's stock.

Sleep Number Company Profile

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.