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SNBR Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
0.101
Open
0.101
VWAP
--
Vol
--
Mkt Cap
214.33M
Low
0.101
Amount
--
EV/EBITDA(TTM)
10.11
Total Shares
--
EV
607.00M
EV/OCF(TTM)
--
P/S(TTM)
0.00
Sleep Number Corporation is a wellness technology company. The Company is engaged in designing, manufacturing, marketing, and distribution of sleep solutions. Its wellness technology platform helps solve sleep problems, whether it’s providing individualized temperature control for each sleeper through its Climate360 smart bed or applying its 24 billion hours of longitudinal sleep data and expertise to research with global institutions. The Company’s smart beds provide unmatched features, benefits and comfort that can lead to improved sleep health and wellness for both sleepers. Its active temperature balancing technology supports the ideal climate for both sleepers and solves a prevalent sleep challenge. The Company’s smart bed ecosystem includes a full line of FlexFit smart adjustable bases that seamlessly integrate with Sleep Number smart beds for an individualized sleep experience that is proven to deliver more restful sleep per night.
Show More

Events Timeline

(ET)
2026-06-17
09:30:00
Significant Increases in Liquid Option Borrow Rates
select
2026-06-12 (ET)
2026-06-12
05:30:00
Sleep Number Initiates Voluntary Bankruptcy Process to Merge with Sleep Country Canada
select
2026-05-18 (ET)
2026-05-18
08:50:00
Largest Indicative Borrow Rate Increases: Innovatum Global Up 17.36%
select
2026-05-12 (ET)
2026-05-12
07:10:00
Sleep Number Q1 Revenue at $319M, Slightly Below Expectations
select
2026-05-12
07:10:00
Company Suspends Financial Guidance While Evaluating Strategic Options
select

News

Yahoo Finance
9.0
06-13Yahoo Finance
Sleep Number Files for Chapter 11 Bankruptcy Amid Industry Recession
  • Industry Recession Impact: According to IbisWorld, while the U.S. mattress sector saw a 1.3% revenue increase to $28.4 billion in 2025, major retailers like Sleep Number are experiencing a historic industry recession, leading to its Chapter 11 bankruptcy filing on June 12.
  • Financial Condition: Sleep Number's bankruptcy petition lists $642 million in assets against $1.28 billion in liabilities, including $672.5 million in secured credit facilities, highlighting a severe imbalance in its financial structure.
  • Sale Plan: The company intends to sell its assets to Canadian rival Sleep Country Canada Inc. for $415 million in cash plus liabilities, having initiated an auction process to attract other qualified bidders, indicating an urgent need for capital to sustain operations.
  • Financing Needs: Sleep Number is seeking bankruptcy court approval for a $65 million debtor-in-possession financing facility and plans to roll up $195 million in prepetition debt, reflecting its critical need for funds during the restructuring process.
PRnewswire
7.0
06-12PRnewswire
Sleep Number Under Investigation for Potential Securities Fraud
  • Securities Fraud Investigation: Wolf Haldenstein Adler Freeman & Herz LLP has announced an investigation into Sleep Number Corporation regarding potential securities fraud or other unlawful business practices, which could significantly impact shareholder rights.
  • Poor Financial Performance: In its Q1 2026 report, Sleep Number reported a GAAP loss of $2.19 per share, missing consensus estimates by $1.72, with revenue of $318.99 million falling short by $1.73 million, indicating severe financial distress.
  • Stock Price Plummet: Following the earnings release, Sleep Number's stock fell by $0.55, or 22.45%, closing at $1.90, and subsequently dropped another 70% on June 4, now trading at $0.35, reflecting extreme market pessimism about its future.
  • Increased Bankruptcy Risk: The company is laying the groundwork for a potential bankruptcy filing and has suspended its financial guidance, highlighting the financial pressures and uncertainties it faces, which could lead to further investor losses and damage to its reputation and market confidence.
Newsfilter
7.0
06-12Newsfilter
Sleep Number Under Investigation for Potential Securities Fraud
  • Financial Performance Decline: Sleep Number reported a GAAP earnings loss of $2.19 per share for Q1 2026, missing consensus estimates by $1.72, with revenue of $318.99 million also falling short, indicating severe deterioration in the company's financial health.
  • Stock Price Plunge: Following the earnings report, Sleep Number's stock price fell by $0.55, or 22.45%, closing at $1.90, reflecting investors' extreme pessimism regarding the company's future prospects.
  • Increased Bankruptcy Risk: As of June 4, Sleep Number's stock price dropped an additional 70%, now trading at $0.35, suggesting the company is laying the groundwork for a potential bankruptcy filing, further exacerbating market concerns about its financial viability.
  • Securities Fraud Investigation: Wolf Haldenstein Adler Freeman & Herz LLP has announced an investigation into potential securities fraud involving Sleep Number and its executives, indicating that investors who suffered losses during this period may face legal claims, highlighting the legal risks and potential shareholder litigation pressures facing the company.
seekingalpha
8.5
06-12seekingalpha
Sleep Number Merges with Sleep Country Canada to Expand North American Presence
  • Market Expansion: Sleep Number (SNBR) has agreed to merge with Sleep Country Canada, aiming to broaden its market presence across the U.S. and Canada through both retail stores and online channels, enhancing access to sleep products and services.
  • Bankruptcy Protection Process: To facilitate the merger, Sleep Number has initiated a voluntary Chapter 11 sale process, during which it expects to continue day-to-day operations, including customer service and product deliveries, ensuring business continuity.
  • Financing Support: Sleep Number anticipates securing up to $260 million in debtor-in-possession financing, including up to $65 million in new financing, aimed at supporting the company’s operations during the court-supervised merger process.
  • Strategic Confidence: CEO Linda Findley stated that after a comprehensive review of strategic options and a robust sale process, the merger agreement will help the company address financial constraints and enhance its competitive position in the market.
Newsfilter
9.0
06-12Newsfilter
Sleep Number Initiates Court-Supervised Sale Process
  • Merger Announcement: Sleep Number has announced an agreement to merge with Sleep Country Canada, aiming to create a leading North American mattress and bedding company, which will broaden product offerings for consumers in both countries and enhance market competitiveness.
  • Voluntary Bankruptcy Process: To facilitate the merger, Sleep Number initiated a voluntary Chapter 11 sale process, expecting to secure up to $260 million in debtor-in-possession financing to support operations and ensure customer service continuity during this period.
  • Ongoing Customer Service: Throughout the bankruptcy process, Sleep Number will continue normal operations, including accepting new orders online and in stores, ensuring customers benefit from a 100-night trial and warranty services, thereby maintaining customer trust.
  • Strategic Restructuring Plan: The company is undergoing a significant product redesign and marketing campaign aimed at enhancing financial resilience and driving growth, while planning to retain as many profitable retail locations as possible during the bankruptcy process.
PRnewswire
7.0
06-11PRnewswire
Sleep Number Under Investigation Amid Poor Q1 Earnings Report
  • Disappointing Earnings: Sleep Number reported a GAAP EPS of -$2.19 for Q1 2026, missing consensus estimates by $1.72, with revenue of $318.99 million falling short by $1.73 million and reflecting an 18.9% year-over-year decline, indicating severe financial distress for the company.
  • Suspension of Guidance: The company suspended its financial guidance, citing the engagement of Guggenheim Securities to evaluate strategic and financing options, suggesting it is actively seeking solutions to its current financial challenges.
  • Stock Price Plunge: Following the earnings report, Sleep Number's stock price fell by $0.55, a 22.45% drop, closing at $1.90 per share, reflecting extreme investor concern regarding the company's future outlook.
  • Legal Investigation Initiated: Pomerantz LLP is investigating whether Sleep Number and its executives engaged in securities fraud or other unlawful business practices, potentially leading to a class action lawsuit and further exacerbating market concerns about its governance structure.
Wall Street analysts forecast SNBR stock price to rise
2 Analyst Rating
Wall Street analysts forecast SNBR stock price to rise
0 Buy
2 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
5.00
Averages
5.50
High
6.00
Current: 0.000
sliders
Low
5.00
Averages
5.50
High
6.00
UBS
Dan Silverstein
Neutral
downgrade
$4 -> $2
AI Analysis
2026-05-13
Reason
UBS
Dan Silverstein
Price Target
$4 -> $2
AI Analysis
2026-05-13
downgrade
Neutral
Reason
UBS analyst Dan Silverstein lowered the firm's price target on Sleep Number to $2 from $4 and keeps a Neutral rating on the shares.
UBS
Dan Silverstein
Neutral
downgrade
$10 -> $4
2026-03-13
Reason
UBS
Dan Silverstein
Price Target
$10 -> $4
2026-03-13
downgrade
Neutral
Reason
UBS analyst Dan Silverstein lowered the firm's price target on Sleep Number to $4 from $10 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SNBR
Unlock Now

Valuation Metrics

The current forward P/E ratio for Sleep Number Corp (SNBR.O) is 416.67, compared to its 5-year average forward P/E of 89.56. For a more detailed relative valuation and DCF analysis to assess Sleep Number Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
89.56
Current PE
416.67
Overvalued PE
524.82
Undervalued PE
-345.70

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
9.39
Current EV/EBITDA
-57.11
Overvalued EV/EBITDA
20.87
Undervalued EV/EBITDA
-2.10

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.31
Current PS
0.00
Overvalued PS
0.57
Undervalued PS
0.05

Financials

AI Analysis
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Frequently Asked Questions

What is Sleep Number Corp (SNBR) stock price today?

The current price of SNBR is 0.1012 USD — it has decreased -65.6

What is Sleep Number Corp (SNBR)'s business?

Sleep Number Corporation is a wellness technology company. The Company is engaged in designing, manufacturing, marketing, and distribution of sleep solutions. Its wellness technology platform helps solve sleep problems, whether it’s providing individualized temperature control for each sleeper through its Climate360 smart bed or applying its 24 billion hours of longitudinal sleep data and expertise to research with global institutions. The Company’s smart beds provide unmatched features, benefits and comfort that can lead to improved sleep health and wellness for both sleepers. Its active temperature balancing technology supports the ideal climate for both sleepers and solves a prevalent sleep challenge. The Company’s smart bed ecosystem includes a full line of FlexFit smart adjustable bases that seamlessly integrate with Sleep Number smart beds for an individualized sleep experience that is proven to deliver more restful sleep per night.

What is the price predicton of SNBR Stock?

Wall Street analysts forecast SNBR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNBR is5.50 USD with a low forecast of 5.00 USD and a high forecast of 6.00 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.

What is Sleep Number Corp (SNBR)'s revenue for the last quarter?

Sleep Number Corp revenue for the last quarter amounts to 318.99M USD, decreased -18.89

What is Sleep Number Corp (SNBR)'s earnings per share (EPS) for the last quarter?

Sleep Number Corp. EPS for the last quarter amounts to -2.19 USD, increased 476.32

How many employees does Sleep Number Corp (SNBR). have?

Sleep Number Corp (SNBR) has 3133 emplpoyees as of July 01 2026.

What is Sleep Number Corp (SNBR) market cap?

Today SNBR has the market capitalization of 214.33M USD.