(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 -0.56

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 94.6%
Relative Tail Risk -11.9%
Reward TTM
Sharpe Ratio 0.17
Alpha -60.80
Character TTM
Beta 1.903
Beta Downside 2.496
Drawdowns 3y
Max DD 90.67%
CAGR/Max DD -0.35

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 10, 2026, the stock is trading at USD 11.12 with a total of 275,354 shares traded.
Over the past week, the price has changed by -0.18%, over one month by +40.76%, over three months by +155.05% and over the past year by -33.25%.

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 -19.1%
Analysts Target Price 9 -19.1%
ValueRay Target Price 10 -9.7%

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 = 3.70% (E(269.1m)/V(1.21b) * Re(12.93%) + D(940.7m)/V(1.21b) * Rd(1.35%) * (1-Tc(0.21)))
Discount Rate = 12.93% (= 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