Sleep Number (SNBR) Projected to Post Earnings on Wednesday

Sleep Number (NASDAQ:SNBR) is anticipated to release its Q3 2025 results before the market opens on Wednesday, November 5th. Analysts expect Sleep Number to post earnings of $0.15 per share and revenue of $362.4840 million for the quarter. Individuals may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Wednesday, November 5, 2025 at 8:30 AM ET.

Sleep Number (NASDAQ:SNBR) last posted its quarterly earnings results on Wednesday, July 30th. The company reported ($1.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.97). The firm had revenue of $327.93 million for the quarter, compared to the consensus estimate of $357.42 million. The company’s revenue for the quarter was down 19.7% on a year-over-year basis. During the same period last year, the firm posted ($0.22) EPS. On average, analysts expect Sleep Number to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sleep Number Price Performance

SNBR opened at $6.06 on Wednesday. Sleep Number has a 1-year low of $4.48 and a 1-year high of $20.73. The stock has a market cap of $137.99 million, a P/E ratio of -3.33 and a beta of 1.74. The stock’s 50 day simple moving average is $8.16 and its 200 day simple moving average is $8.10.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Sleep Number in a research report on Tuesday, October 14th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $8.33.

Institutional Trading of Sleep Number

Large investors have recently made changes to their positions in the stock. Oxford Asset Management LLP purchased a new stake in Sleep Number during the 2nd quarter worth about $144,000. Bridgeway Capital Management LLC boosted its stake in shares of Sleep Number by 15.9% during the 2nd quarter. Bridgeway Capital Management LLC now owns 40,100 shares of the company’s stock worth $271,000 after purchasing an additional 5,500 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Sleep Number by 28.4% during the 2nd quarter. Bank of America Corp DE now owns 475,623 shares of the company’s stock worth $3,213,000 after purchasing an additional 105,329 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Sleep Number by 48.7% during the second quarter. Ameriprise Financial Inc. now owns 132,822 shares of the company’s stock worth $897,000 after buying an additional 43,478 shares in the last quarter. Finally, PDT Partners LLC acquired a new position in shares of Sleep Number in the second quarter valued at approximately $371,000. Institutional investors and hedge funds own 85.67% of the company’s stock.

About Sleep Number

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.