SGI Should I Buy
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Somnigroup International Inc (SGI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown strong financial growth in the latest quarter and has bullish technical indicators, the lack of significant positive trading signals, mixed analyst ratings, and a slight pre-market price decline suggest waiting for a better entry point.
The stock has bullish moving averages (SMA_5 > SMA_20 > SMA_200), and the MACD histogram is positive at 0.236, indicating a bullish trend. However, the RSI is neutral at 38.429, and the stock is trading below the pivot level of 93.305, with key support at 88.924 and resistance at 97.685.
Hedge funds are significantly increasing their positions, with a 1687.46% increase in buying over the last quarter.
UBS raised the price target to $122 and maintained a Buy rating.
Strong financial performance in Q3 2025, with revenue up 63.28% YoY and net income up 36.46% YoY.
Pre-market price is down 0.70%, indicating weak short-term sentiment.
Stephens initiated coverage with an Equal Weight rating and a price target of $89, citing uncertainties in the housing market and over-consumption in the mattress business.
No significant insider or congressional trading activity.
In Q3 2025, Somnigroup reported a revenue increase of 63.28% YoY to $2.12 billion, net income growth of 36.46% YoY to $177.4 million, and EPS growth of 13.70% YoY to 0.83. However, gross margin slightly declined by 0.83% YoY to 45.61%.
UBS maintains a Buy rating with a raised price target of $122, while Stephens initiated coverage with an Equal Weight rating and a price target of $89, citing concerns about the mattress business's sensitivity to housing market conditions.
