Alert: Negative Investment/Fundamental Signals (10/25/24)-Sleep Number Corp (NASDAQ: SNBR)

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

Sleep Number Corp (NASDAQ: SNBR) has recently experienced meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend.

The stock is currently unrated.

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Current PriceTarget Research Rating

SNBR’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Sleep Number is currently unrated.

Recent Price Action

Sleep Number Corp (NASDAQ: SNBR) stock declined by -2.3% on 10/25/24. The shares closed at $13.50. This decline was accompanied by normal trading volume. The stock has declined -16.2% during the last week but has been strong relative to the market over the last nine months.

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