Sleep Number Stock Target Price and Analyst Consensus

SNBR Stock  USD 13.57  1.03  7.05%   
The current analyst and expert consensus on Sleep Number is Hold with 5 hold recommendations. The current projected Sleep Number target price consensus is 25.67 with 5 analyst opinions. One of the most common ways Sleep Number Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Sleep Number vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Sleep Number. We strongly encourage you to use your own analysis of Sleep Number Corp to validate this buy or sell advice. Sleep Number recommendation module provides expert sentiment on the projected Sleep Number Corp target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Sleep Number to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
23.36
Highest Forecast
28.49
Target Price
25.67
At this time, Sleep Number's Pretax Profit Margin is relatively stable compared to the past year. As of 04/24/2024, Operating Profit Margin is likely to grow to 0.04, while Gross Profit is likely to drop slightly above 638.1 M. At this time, Sleep Number's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/24/2024, Liabilities And Stockholders Equity is likely to grow to about 1.1 B, though Total Stockholder Equity is likely to grow to (419.8 M).
  
It's important to approach Sleep Number's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Sleep Number price targets

Sleep Number's stock target price is an estimate of its future price, usually made by analysts. Using Sleep Number's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Sleep Number's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Sleep Number's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Sleep Number Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Sleep Number is a key component of Sleep Number valuation and have some predictive power on the future returns of a Sleep Number.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sleep Number's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.0314.6021.17
Details
Intrinsic
Valuation
LowRealHigh
5.1111.6818.25
Details
Naive
Forecast
LowNextHigh
6.9813.5420.11
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.54-0.220.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sleep Number. Your research has to be compared to or analyzed against Sleep Number's peers to derive any actionable benefits. When done correctly, Sleep Number's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sleep Number Corp.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested over 100 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
When determining whether Sleep Number Corp is a strong investment it is important to analyze Sleep Number's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sleep Number's future performance. For an informed investment choice regarding Sleep Stock, refer to the following important reports:
Check out Macroaxis Advice on Sleep Number to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Sleep Number Corp information on this page should be used as a complementary analysis to other Sleep Number's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Sleep Number's price analysis, check to measure Sleep Number's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.
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The data published in Sleep Number's official financial statements usually reflect Sleep Number's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Sleep Number Corp. For example, before you start analyzing numbers published by Sleep accountants, it's critical to develop an understanding of what Sleep Number's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Sleep Number's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sleep Number's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Sleep Number's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sleep Number Corp. Please utilize our Beneish M Score to check the likelihood of Sleep Number's management manipulating its earnings.