What is Wedbush’s Estimate for Sleep Number Q3 Earnings?

Sleep Number Co. (NASDAQ:SNBR) – Wedbush issued their Q3 2025 earnings per share estimates for Sleep Number in a report issued on Thursday, March 6th. Wedbush analyst S. Basham expects that the company will post earnings of ($0.26) per share for the quarter. Wedbush currently has a “Neutral” rating and a $12.00 target price on the stock. The consensus estimate for Sleep Number’s current full-year earnings is ($0.42) per share. Wedbush also issued estimates for Sleep Number’s Q4 2025 earnings at ($0.32) EPS, FY2025 earnings at ($0.44) EPS, FY2026 earnings at ($0.16) EPS and FY2027 earnings at $0.30 EPS.

Several other equities analysts also recently commented on SNBR. Piper Sandler decreased their target price on Sleep Number from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. StockNews.com upgraded Sleep Number from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th.

Sleep Number Stock Down 5.3 %

Shares of NASDAQ SNBR opened at $7.01 on Monday. The business’s 50 day moving average price is $15.49 and its two-hundred day moving average price is $15.62. The company has a market cap of $156.82 million, a PE ratio of -3.87 and a beta of 2.14. Sleep Number has a twelve month low of $6.83 and a twelve month high of $20.75.

Hedge Funds Weigh In On Sleep Number

Several hedge funds have recently modified their holdings of SNBR. Schwarz Dygos Wheeler Investment Advisors LLC raised its holdings in shares of Sleep Number by 1.1% in the 4th quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 137,463 shares of the company’s stock worth $2,095,000 after purchasing an additional 1,496 shares during the period. GAMMA Investing LLC grew its stake in Sleep Number by 28.8% in the 4th quarter. GAMMA Investing LLC now owns 7,443 shares of the company’s stock worth $113,000 after buying an additional 1,664 shares in the last quarter. Summit Securities Group LLC purchased a new position in Sleep Number in the 4th quarter worth approximately $33,000. Northern Trust Corp boosted its stake in shares of Sleep Number by 1.1% in the 4th quarter. Northern Trust Corp now owns 198,667 shares of the company’s stock valued at $3,028,000 after purchasing an additional 2,167 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Sleep Number by 0.6% in the 3rd quarter. State Street Corp now owns 440,547 shares of the company’s stock valued at $8,071,000 after purchasing an additional 2,472 shares in the last quarter. Institutional investors 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.