(SNBR) Sleep Number - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US83125X1037

Stock: Smart Bed, Adjustable Base, Pillow, Sheet, Bedding

Total Rating 20
Risk 45
Buy Signal 0.03

EPS (Earnings per Share)

EPS (Earnings per Share) of SNBR over the last years for every Quarter: "2020-12": 2.19, "2021-03": 2.51, "2021-06": 0.88, "2021-09": 2.22, "2021-12": 0.47, "2022-03": 0.09, "2022-06": 1.54, "2022-09": 0.22, "2022-12": -0.24, "2023-03": 0.51, "2023-06": 0.03, "2023-09": -0.1, "2023-12": -1.12, "2024-03": -0.33, "2024-06": -0.22, "2024-09": -0.14, "2024-12": -0.21, "2025-03": -0.38, "2025-06": -1.09, "2025-09": -1.73,

Revenue

Revenue of SNBR over the last years for every Quarter: 2020-12: 567.896, 2021-03: 568.256, 2021-06: 484.316, 2021-09: 640.393, 2021-12: 491.984, 2022-03: 527.13, 2022-06: 549.073, 2022-09: 540.566, 2022-12: 497.528, 2023-03: 526.527, 2023-06: 458.789, 2023-09: 472.648, 2023-12: 429.518, 2024-03: 470.449, 2024-06: 408.413, 2024-09: 426.617, 2024-12: 376.817, 2025-03: 393.261, 2025-06: 327.925, 2025-09: 342.879,
Risk 5d forecast
Volatility 95.5%
Relative Tail Risk -12.0%
Reward TTM
Sharpe Ratio 0.18
Alpha -59.78
Character TTM
Beta 1.907
Beta Downside 2.496
Drawdowns 3y
Max DD 90.67%
CAGR/Max DD -0.31

Description: SNBR Sleep Number January 01, 2026

Sleep Number Corp (NASDAQ:SNBR) designs, manufactures, markets, distributes, retails, and services a full line of sleep solutions-including smart beds, adjustable bases, pillows, and bedding-primarily in the United States. The company reaches customers through its own retail stores, e-commerce platform, phone, and chat channels, and rebranded from Select Comfort in November 2017 after being incorporated in 1987 and headquartered in Minneapolis, Minnesota.

Key recent metrics: FY 2023 revenue reached approximately $2.0 billion, with adjusted EBITDA margin hovering around 10 %, and direct-to-consumer sales growing roughly 15 % year-over-year, reflecting strong consumer appetite for personalized sleep technology. The business is sensitive to macro-economic drivers such as discretionary spending trends, housing market activity (which fuels new-home furnishing purchases), and growing health-consciousness around sleep quality-a sector tailwind that has accelerated demand for smart-bed platforms.

For a deeper, data-driven view of SNBR’s valuation and risk profile, you might explore the analytics available on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: -78.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.07 > 0.02 and ΔFCF/TA -4.79 > 1.0
NWC/Revenue: -50.59% < 20% (prev -41.72%; Δ -8.88% < -1%)
CFO/TA -0.04 > 3% & CFO -28.5m > Net Income -78.1m
Net Debt (939.4m) to EBITDA (22.8m): 41.13 < 3
Current Ratio: 0.19 > 1.5 & < 3
Outstanding Shares: last quarter (23.0m) vs 12m ago 1.66% < -2%
Gross Margin: 60.05% > 18% (prev 0.59%; Δ 5946 % > 0.5%)
Asset Turnover: 178.5% > 50% (prev 200.7%; Δ -22.12% > 0%)
Interest Coverage Ratio: -0.76 > 6 (EBITDA TTM 22.8m / Interest Expense TTM 47.2m)

Altman Z'' -9.54

A: -0.97 (Total Current Assets 169.8m - Total Current Liabilities 898.8m) / Total Assets 749.4m
B: -0.74 (Retained Earnings -552.6m / Total Assets 749.4m)
C: -0.04 (EBIT TTM -35.8m / Avg Total Assets 807.0m)
D: -0.43 (Book Value of Equity -552.4m / Total Liabilities 1.27b)
Altman-Z'' Score: -9.54 = D

Beneish M -3.23

DSRI: 0.98 (Receivables 13.9m/17.0m, Revenue 1.44b/1.73b)
GMI: 0.98 (GM 60.05% / 58.80%)
AQI: 1.03 (AQ_t 0.22 / AQ_t-1 0.22)
SGI: 0.83 (Revenue 1.44b / 1.73b)
TATA: -0.07 (NI -78.1m - CFO -28.5m) / TA 749.4m)
Beneish M-Score: -3.23 (Cap -4..+1) = AA

What is the price of SNBR shares?

As of February 08, 2026, the stock is trading at USD 11.94 with a total of 415,054 shares traded.
Over the past week, the price has changed by +2.58%, over one month by +59.84%, over three months by +150.31% and over the past year by -29.60%.

Is SNBR a buy, sell or hold?

Sleep Number has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold SNBR.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SNBR price?

Issuer Target Up/Down from current
Wallstreet Target Price 9 -24.6%
Analysts Target Price 9 -24.6%
ValueRay Target Price 11.1 -7.3%

SNBR Fundamental Data Overview February 04, 2026

P/E Forward = 1428.5714
P/S = 0.1868
Revenue TTM = 1.44b USD
EBIT TTM = -35.8m USD
EBITDA TTM = 22.8m USD
Long Term Debt = 546.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 661.5m USD (from shortTermDebt, last quarter)
Debt = 940.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 939.4m USD (from netDebt column, last quarter)
Enterprise Value = 1.21b USD (269.1m + Debt 940.7m - CCE 1.26m)
Interest Coverage Ratio = -0.76 (Ebit TTM -35.8m / Interest Expense TTM 47.2m)
EV/FCF = -24.18x (Enterprise Value 1.21b / FCF TTM -50.0m)
FCF Yield = -4.14% (FCF TTM -50.0m / Enterprise Value 1.21b)
FCF Margin = -3.47% (FCF TTM -50.0m / Revenue TTM 1.44b)
Net Margin = -5.42% (Net Income TTM -78.1m / Revenue TTM 1.44b)
Gross Margin = 60.05% ((Revenue TTM 1.44b - Cost of Revenue TTM 575.6m) / Revenue TTM)
Gross Margin QoQ = 59.90% (prev 59.08%)
Tobins Q-Ratio = 1.61 (Enterprise Value 1.21b / Total Assets 749.4m)
Interest Expense / Debt = 1.35% (Interest Expense 12.7m / Debt 940.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -28.3m (EBIT -35.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.19 (Total Current Assets 169.8m / Total Current Liabilities 898.8m)
Debt / Equity = -1.80 (negative equity) (Debt 940.7m / totalStockholderEquity, last quarter -521.3m)
Debt / EBITDA = 41.13 (Net Debt 939.4m / EBITDA 22.8m)
Debt / FCF = -18.80 (negative FCF - burning cash) (Net Debt 939.4m / FCF TTM -50.0m)
Total Stockholder Equity = -477.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -9.68% (Net Income -78.1m / Total Assets 749.4m)
RoE = 16.35% (negative equity) (Net Income TTM -78.1m / Total Stockholder Equity -477.6m)
RoCE = -51.66% (EBIT -35.8m / Capital Employed (Equity -477.6m + L.T.Debt 546.8m))
RoIC = -33.51% (negative operating profit) (NOPAT -28.3m / Invested Capital 84.3m)
WACC = 3.71% (E(269.1m)/V(1.21b) * Re(12.94%) + D(940.7m)/V(1.21b) * Rd(1.35%) * (1-Tc(0.21)))
Discount Rate = 12.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.06%
Fair Price DCF = unknown (Cash Flow -50.0m)
EPS Correlation: -75.60 | EPS CAGR: -68.73% | SUE: -4.0 | # QB: 0
Revenue Correlation: -91.30 | Revenue CAGR: -9.18% | SUE: -1.22 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.14 | Chg30d=+0.060 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.64 | Chg30d=+0.327 | Revisions Net=+0 | Growth EPS=+82.9% | Growth Revenue=-1.8%

Additional Sources for SNBR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle