Leadership Change at Mattress Firm: Steve Rusing has been appointed as President and Chief Executive Officer of Mattress Firm, effective August 14, 2025, expanding his previous role as President.
Interim Leadership Transition: Scott Thompson, the Chairman and CEO of Somnigroup, served as the interim CEO of Mattress Firm since February 2025 before Rusing's appointment.
Strategic Direction Under Rusing: Thompson expressed confidence in Rusing's leadership, highlighting his positive impact on the company's direction and operational focus, which has led to improved performance.
About Somnigroup: Somnigroup International Inc. is the largest bedding company globally, committed to enhancing sleep quality through innovative products and responsible business practices across over 100 countries.
SGI
$91.1+Infinity%1D
Analyst Views on SGI
Wall Street analysts forecast SGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SGI is 101.60 USD with a low forecast of 92.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast SGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SGI is 101.60 USD with a low forecast of 92.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 92.960
Low
92.00
Averages
101.60
High
110.00
Current: 92.960
Low
92.00
Averages
101.60
High
110.00
UBS
Buy
upgrade
$91 -> $110
2025-11-07
Reason
UBS
Price Target
$91 -> $110
2025-11-07
upgrade
Buy
Reason
UBS raised the firm's price target on Somnigroup to $110 from $91 and keeps a Buy rating on the shares.
Goldman Sachs
Neutral
maintain
$83 -> $92
2025-11-07
Reason
Goldman Sachs
Price Target
$83 -> $92
2025-11-07
maintain
Neutral
Reason
Goldman Sachs raised the firm's price target on Somnigroup to $92 from $83 and keeps a Neutral rating on the shares. As mattress demand begins to recover, Somnigroup is positioned for relative outperformance driven by brand innovation, the ongoing Mattress Firm integration, and solid international growth, the analyst tells investors in a research note. While the setup for growth and margin expansion appears strong, near-term caution remains warranted until there is clearer evidence of sustained industry demand recovery, Goldman says.
KeyBanc
Overweight
maintain
$90 -> $97
2025-09-19
Reason
KeyBanc
Price Target
$90 -> $97
2025-09-19
maintain
Overweight
Reason
KeyBanc raised the firm's price target on Somnigroup to $97 from $90 and keeps an Overweight rating on the shares. With Q2 earnings season complete, the firm dives into key factors investors should consider into year-end, specifically the Holiday 2025 Setup and Initial 2026 Outlook. KeyBanc sees encouraging BTS and underlying trends bode well for Holiday, but acknowledges there is risk of a Nov/Dec "air pocket" for discretionary categories, like Furniture, given tougher comparisons. The firm is optimistic for 2026 due to monetary and fiscal stimulus. With that said, KeyBanc sees some lingering tariff risk, with timing of margin and price increases still on the horizon in 2025 and 2026.
Piper Sandler
Peter J. Keith
Overweight
maintain
$80 -> $100
2025-09-15
Reason
Piper Sandler
Peter J. Keith
Price Target
$80 -> $100
2025-09-15
maintain
Overweight
Reason
Piper Sandler analyst Peter J. Keith raised the firm's price target on Somnigroup to $100 from $80 and keeps an Overweight rating on the shares. The firm sees potential for Somnigroup to compound EPS growth at 25%-30% from 2026-2028.
About SGI
Somnigroup International Inc. is a bedding company. The Company is engaged in the business of designing, manufacturing, distributing and retailing. Its portfolio of product brands includes various brands, including Tempur-Pedic, Sealy and Stearns & Foster. Its portfolio of retail brands includes Mattress Firm Dreams, Tempur-Pedic retail stores, SOVA and a variety of other retail brands internationally, which operate in various countries. The Company operates in three segments: Tempur Sealy North America, Tempur Sealy International and Mattress Firm. It distributes through two channels in each operating business segment: Wholesale and Direct. Its Wholesale channel consists of third-party retailers, including third-party distribution, hospitality and healthcare. Its Direct channel includes Company-owned stores, online and call centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
