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Sleep Number Corp has a consensus price target of $29.7 based on the ratings of 5 analysts. The high is $65 issued by UBS on February 24, 2022. The low is $12 issued by Piper Sandler on October 31, 2024. The 3 most-recent analyst ratings were released by Piper Sandler on October 31, 2024, September 17, 2024, and August 1, 2024, respectively. With an average price target of $13.33 between Piper Sandler, there's an implied 14.25% upside for Sleep Number Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sleep Number (NASDAQ:SNBR) was reported by Piper Sandler on October 31, 2024. The analyst firm set a price target for $12.00 expecting SNBR to rise to within 12 months (a possible 2.83% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Sleep Number (NASDAQ:SNBR) was provided by Piper Sandler, and Sleep Number maintained their neutral rating.
The last upgrade for Sleep Number Corp happened on February 4, 2022 when Wedbush raised their price target to $88. Wedbush previously had a neutral for Sleep Number Corp.
The last downgrade for Sleep Number Corp happened on April 21, 2022 when Piper Sandler changed their price target from $62 to $49 for Sleep Number Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sleep Number, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sleep Number was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Sleep Number (SNBR) rating was a maintained with a price target of $16.00 to $12.00. The current price Sleep Number (SNBR) is trading at is $11.67, which is out of the analyst’s predicted range.
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