Sleep Number (SNBR) Stock Price

Sleep Number Price

NASDAQ·CLOSED
0.03USD-0.0000 (-0.00 %)
Market closed

Revenue has compounded at 4.8% per year over the past 19 years to 1.68 B USD. Earnings per share have grown at 4.5% per year over the last 17 years. Sleep Number's net margin stands at -1.2%, down from 7.5% several years earlier. Analysts set a median price target of 9.18 USD, implying 34,541.5% above the current price. Of 9 analysts, 0 rate the stock a buy — an overall Hold consensus. The stock trades about 13% above its 52-week low.

Sleep Number stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Sleep Number over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Sleep Number stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Sleep Number's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Sleep Number Stock Price History
DateSleep Number Price
7/17/20260.03 USD
7/16/20260.03 USD
7/13/20260.03 USD
7/12/20260.03 USD
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9/11/202510.27 USD
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8/29/202510.53 USD
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8/12/20259.11 USD
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7/31/20257.33 USD
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7/29/20258.16 USD
7/28/20259.00 USD
7/25/20258.28 USD
7/24/20258.40 USD
7/23/20258.97 USD
7/22/20257.88 USD
Access this data via the Eulerpool API

Sleep Number Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
2.18 B USD
193.50 M USD
153.70 M USD
Jan 1, 2022
2.11 B USD
67.90 M USD
36.60 M USD
Jan 1, 2023
1.89 B USD
38.67 M USD
-15.29 M USD
Jan 1, 2024
1.68 B USD
40.94 M USD
-20.33 M USD
Jan 1, 2025 (e)
1.42 B USD
12.17 M USD
-87.48 M USD
Jan 1, 2026 (e)
1.39 B USD
30.56 M USD
-11.16 M USD
Jan 1, 2027 (e)
1.48 B USD
55.31 M USD
8.02 M USD
Jan 1, 2028 (e)
1.51 B USD
56.81 M USD
26.97 M USD

Sleep Number Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 21, 2026, 3:34 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2013201420152016201720182019202020212022202320242025e2026e2027e2028e
0.961.161.211.311.441.531.701.862.182.111.891.681.421.391.481.51
2.6720.424.938.0810.146.0210.919.3117.67-3.21-10.74-10.86-15.58-1.836.311.69
62.6061.0761.0161.7862.1260.6161.9062.2860.3556.8657.6659.5759.5759.5759.5759.57
0.600.710.740.810.900.931.051.161.321.201.091.000.850.830.880.90
90.00101.0075.0076.0091.0092.00112.00184.00193.0067.0038.0040.0012.0030.0055.0056.00
9.388.746.185.806.306.016.609.918.843.172.012.380.852.153.713.72
60.0068.0050.0051.0065.0069.0081.00139.00153.0036.00-15.00-20.00-87.00-11.008.0026.00
-23.0813.33-26.472.0027.456.1517.3971.6010.07-76.47-141.6733.33335.00-87.36-172.73225.00
55.8054.2052.1046.9042.1036.2030.4028.4024.9022.9022.4322.6122.6122.6122.6122.61
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Sleep Number generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Sleep Number retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Sleep Number's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Sleep Number has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Sleep Number's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Sleep Number stock margins

The Sleep Number margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Sleep Number. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Sleep Number.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
62.26 %
9.96 %
7.50 %
Jan 1, 2021
60.36 %
8.86 %
7.03 %
Jan 1, 2022
56.87 %
3.21 %
1.73 %
Jan 1, 2023
57.67 %
2.05 %
-0.81 %
Jan 1, 2024
59.61 %
2.43 %
-1.21 %
Jan 1, 2025 (e)
59.61 %
0.86 %
-6.16 %
Jan 1, 2026 (e)
59.61 %
2.19 %
-0.80 %
Jan 1, 2027 (e)
59.61 %
3.73 %
0.54 %

Sleep Number Stock Revenue, EBIT, Earnings per Share

The Sleep Number earnings per share therefore indicates how much revenue Sleep Number has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
65.37 USD
6.51 USD
4.90 USD
Jan 1, 2021
87.75 USD
7.77 USD
6.17 USD
Jan 1, 2022
92.33 USD
2.97 USD
1.60 USD
Jan 1, 2023
84.15 USD
1.72 USD
-0.68 USD
Jan 1, 2024
74.42 USD
1.81 USD
-0.90 USD
Jan 1, 2025 (e)
62.35 USD
0.54 USD
-3.84 USD
Jan 1, 2026 (e)
61.17 USD
1.35 USD
-0.49 USD
Jan 1, 2027 (e)
65.03 USD
2.45 USD
0.35 USD

Sleep Number business model & stock analysis

Sleep Number Corp is an American company specialized in manufacturing and selling customizable mattresses. It was founded in 1987 by Robert Walker and JoAnn Walker and is headquartered in Minneapolis, Minnesota. The company's business model is based on the belief that every person is unique and has different sleep needs. For this reason, Sleep Number has developed a patented technology that allows each customer to adjust their mattress individually. The company uses air chambers that allow the firmness of the mattress to be adjusted individually on each side. Customers can control this using a remote control and set their optimal sleep comfort. The company is divided into two business segments: the consumer segment and the healthcare segment. In the consumer segment, Sleep Number mainly sells mattresses and related products such as duvets and pillows. In the healthcare segment, the company focuses on developing medical devices to help treat sleep disorders. In recent years, the company has expanded its product offerings. Sleep Number now also offers Smart Beds equipped with sensors to monitor customers' sleep and provide recommendations for improving their sleep. In addition, the company has developed its own sleep app to make it easier for customers to monitor and optimize their sleep. Sleep Number has become one of the leading providers of customizable mattresses in recent years. The company has its own stores across the United States and also sells its products online. Additionally, the company collaborates with various healthcare facilities to distribute its medical devices. Overall, Sleep Number has experienced impressive growth in recent years. The company has consistently increased its revenues and was able to achieve solid growth in 2020 despite the global COVID-19 pandemic. This is primarily due to the high quality of its products and the unique technology that sets it apart from competitors. In conclusion, Sleep Number is one of the most innovative providers of mattresses and sleep products on the market. With its unique technology, wide product range, and focus on the healthcare sector, the company has received numerous awards and recognition in recent years. It remains to be seen how the company will continue to evolve in the coming years, but one thing is certain: Sleep Number will continue to play an important role in the field of sleep.

Sleep Number SWOT Analysis

Strengths

1. Strong brand reputation: Sleep Number Corp has established itself as a leading provider of innovative sleep solutions, garnering trust and recognition among consumers.

2. Advanced technology: The company's proprietary Sleep Number Bed is backed by cutting-edge technology, enabling customers to customize their comfort settings and track sleep patterns.

3. Extensive product range: Sleep Number Corp offers a wide range of sleep-related products, including pillows, sheets, and accessories, providing customers with comprehensive solutions for their sleep needs.

Weaknesses

1. Relatively high price point: The advanced technology and quality of Sleep Number products come at a premium cost, which may deter price-sensitive consumers.

2. Limited distribution channels: Sleep Number primarily sells its products through company-owned stores and its website, which restricts accessibility for customers who prefer other retail channels.

3. High competition: The sleep products market is crowded with a variety of competitors offering similar products, making it challenging for Sleep Number to differentiate itself and attract customers.

Opportunities

1. Growing awareness of sleep health: With an increasing focus on the importance of quality sleep for overall well-being, Sleep Number can capitalize on the rising demand for sleep-improvement solutions.

2. Expansion into international markets: Sleep Number could explore opportunities to enter new markets, leveraging its strong brand reputation and technology to reach a larger customer base worldwide.

3. Partnerships with healthcare providers: Collaboration with healthcare professionals and institutions can enhance Sleep Number's credibility and drive sales through referrals and recommendations.

Threats

1. Economic downturn: During periods of economic uncertainty, consumers may prioritize spending on essential items rather than luxury sleep products, which can impact Sleep Number's sales.

2. Intense competition: Competitors offering similar products, often at lower price points, pose a threat to Sleep Number's market share and profitability.

3. Market saturation: The sleep products market may become saturated, making it difficult for Sleep Number to gain new customers and maintain growth.

Sleep Number Segments

Sleep Number Revenue by Segment

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2024
1.68 B USD
Jan 1, 2026
1.41 B USD

Sleep Number Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Sleep Number historical P/E ratio, EBIT multiple, and P/S ratio

Sleep Number annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Sleep Number shares outstanding

The number of shares of Sleep Number was 22.61 M in 2025. This indicates how many shares Sleep Number is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
28.40 M Stocks
Jan 1, 2021
24.90 M Stocks
Jan 1, 2022
22.90 M Stocks
Jan 1, 2023
22.43 M Stocks
Jan 1, 2024
22.61 M Stocks
Jan 1, 2025 (e)
22.61 M Stocks
Jan 1, 2026 (e)
22.61 M Stocks
Jan 1, 2027 (e)
22.61 M Stocks

Sleep Number stock splits

In Sleep Number's history, there have been no stock splits.

Current Sleep Number forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
63.64 %
Buy0.00 % (0)
Hold66.67 % (6)
Sell33.33 % (3)
12M Price Target
9.18
Last Price
0.03
Currency
USD
12M Return Potential
34,541.51 %
LTM Return
0 %

Sleep Number Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/23/2026-0.19USD334.35 MUSD2026 Q2
5/12/2026-0.40USD327.13 MUSD2026 Q1
4/29/2026-0.40USD327.13 MUSD2026 Q1
4/28/2026-0.40USD327.13 MUSD2026 Q1
3/12/2026-0.51USD335.24 MUSD2025 Q4
3/3/2026-0.51USD335.24 MUSD2025 Q4
2/25/2026-0.51USD335.24 MUSD2025 Q4
4/24/20240.44USD491.46 MUSD2024 Q1
2/20/2024-0.90USD429.19 MUSD2023 Q4
7/25/20230.53USD486.48 MUSD2023 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Sleep Number stock

56/100
50
Environment
72
Social
46
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees38
Percentage of women in management
Percentage of Asian employees5
Share of Asian management
Percentage of Hispanic/Latino employees11
Hispano/Latino Management share
Percentage of Black employees16
Black Management Share
Percentage of white employees60
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Sleep Number shareholder structure

% Name
11.48073%
Stadium Capital Management, LLC
Stadium Capital Management, LLC
9.93299%
M Partners Fund LP
M Partners Fund LP
6.28552%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.45244%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.87802%
Brightlight Capital Management LP
Brightlight Capital Management LP
4.27796%
Towle & Co
Towle & Co
...

Sleep Number Executives and Management Board

MB

Ms. Melissa Barra

(53)

Executive Vice President, Chief Product and Enterprise Strategy Officer

Compensation1.44 M USD
CK

Mr. Christopher Krusmark

(45)

Executive Vice President, Chief Retail and People Officer

Compensation1.33 M USD
SH

Mr. Samuel Hellfeld

(45)

Executive Vice President, Chief Legal and Risk Officer, Secretary

Compensation1.31 M USD
BL

Ms. Brenda Lauderback

(74)

Independent Director

Compensation201,156.00 USD
SG

Mr. Stephen Gulis

(67)

Independent Director

Compensation198,656.00 USD

Sleep Number Supply Chain

Sleep Number Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#Name1M3M6M1Y2YTrend
1
-0.60
0.42
0.80
0.95
0.72
2
0.29
0.42
0.84
0.82
0.62
3
BlackRock
Supplier
0.74
0.57
0.88
0.71
0.55
4
AT&T
Supplier
0.46
0.75
0.70
0.90
0.34
#Name1M3M6M1Y2YTrend
1
Alphabet A
Supplier
0.76
0.49
0.73
-0.12
0.29

Frequently asked questions about Sleep Number

The business model of Sleep Number Corp is focused on providing personalized sleep solutions to customers. As a leading manufacturer and retailer of innovative sleep solutions, Sleep Number Corp offers a range of products such as smart beds, pillows, and sleep accessories. Through its proprietary SleepIQ technology, the company collects data on individual sleep patterns and preferences, allowing customers to customize their sleep experience for optimal comfort and support. Sleep Number Corp's emphasis on individualized sleep solutions sets it apart in the industry, catering to the unique needs of each customer. This customer-centric approach has contributed to the company's success and established Sleep Number Corp as a renowned name in the sleep technology industry.

All fundamentals and in-depth analysis of Sleep Number

Our stock analysis for Sleep Number stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sleep Number. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.