Sleep Number (SNBR) Projected to Post Quarterly Earnings on Wednesday

Sleep Number (NASDAQ:SNBR) is expected to be issuing its Q4 2025 results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of ($0.56) per share and revenue of $328.6680 million for the quarter. Parties can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Wednesday, March 11, 2026 at 5:00 PM ET.

Sleep Number Trading Down 11.9%

Shares of SNBR opened at $6.17 on Monday. The company’s fifty day simple moving average is $9.51 and its 200-day simple moving average is $8.08. The company has a market cap of $140.61 million, a P/E ratio of -1.81 and a beta of 1.94. Sleep Number has a twelve month low of $3.49 and a twelve month high of $14.70.

Institutional Investors Weigh In On Sleep Number

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Sleep Number by 52.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,121,245 shares of the company’s stock worth $9,486,000 after buying an additional 384,124 shares during the period. Millennium Management LLC raised its holdings in shares of Sleep Number by 1,080.8% in the third quarter. Millennium Management LLC now owns 716,873 shares of the company’s stock valued at $5,032,000 after acquiring an additional 656,162 shares in the last quarter. Geode Capital Management LLC lifted its stake in Sleep Number by 1.4% in the second quarter. Geode Capital Management LLC now owns 530,764 shares of the company’s stock worth $3,586,000 after acquiring an additional 7,570 shares during the period. Bank of America Corp DE lifted its stake in Sleep Number by 28.4% in the second quarter. Bank of America Corp DE now owns 475,623 shares of the company’s stock worth $3,213,000 after acquiring an additional 105,329 shares during the period. Finally, State Street Corp grew its holdings in Sleep Number by 0.4% during the 4th quarter. State Street Corp now owns 456,627 shares of the company’s stock worth $3,863,000 after acquiring an additional 1,994 shares in the last quarter. 85.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Piper Sandler increased their price objective on shares of Sleep Number from $5.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sleep Number in a research note on Friday, January 9th. Finally, UBS Group reissued a “neutral” rating and set a $10.00 price target on shares of Sleep Number in a research note on Thursday, February 12th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $11.33.

Sleep Number Company Profile

Sleep Number Corporation (NASDAQ: SNBR) is a Minneapolis‐based company specializing in the design, manufacture and retail of adjustable air mattresses and bedding products. The company’s flagship Sleep Number® bed features dual air chambers that allow each side of the mattress to be tailored to an individual’s preferred firmness, supported by integrated SleepIQ® technology. This proprietary monitoring system tracks biometric data such as heart rate, breathing and motion, delivering personalized sleep insights through a connected app.

Founded in 1987 as Select Comfort, the business pioneered adjustable air mattress technology and has since grown into a direct-to-consumer retailer.