Alert: Negative Fundamental Signals (3/8/24)-Sleep Number Corp (NASDAQ: SNBR)

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Recent exceptional negative changes in fundamentals have affected Sleep Number Corp (NASDAQ: SNBR): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

The stock is currently unrated.

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Current PriceTarget Research Rating

SNBR is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Sleep Number is currently unrated.

Recent Price Action

Sleep Number Corp (NASDAQ: SNBR) stock closed at $16.99 on 3/8/24 after a modest gain of 0.4%. NORMAL trading volume accompanied the advance. The stock has risen 2.8% during the last week but has been extremely weak relative to the market over the last nine months.

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