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

Sleep Number Co. (NASDAQ:SNBR) – Wedbush issued their Q3 2025 earnings per share estimates for shares of Sleep Number in a research report issued to clients and investors on Thursday, March 6th. Wedbush analyst S. Basham forecasts 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 have also recently issued reports on SNBR. StockNews.com raised shares of Sleep Number from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th. Piper Sandler decreased their price target on shares of Sleep Number from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday.

Sleep Number Stock Up 1.1 %

NASDAQ:SNBR opened at $7.57 on Monday. The business’s 50-day moving average price is $15.81 and its 200 day moving average price is $15.72. Sleep Number has a 52-week low of $6.91 and a 52-week high of $20.75. The firm has a market cap of $169.35 million, a P/E ratio of -4.18 and a beta of 2.14.

Institutional Trading of Sleep Number

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Hodges Capital Management Inc. boosted its holdings in shares of Sleep Number by 22.7% in the fourth quarter. Hodges Capital Management Inc. now owns 1,240,507 shares of the company’s stock worth $18,905,000 after buying an additional 229,587 shares during the period. JPMorgan Chase & Co. boosted its stake in Sleep Number by 1,071.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 114,229 shares of the company’s stock worth $2,093,000 after purchasing an additional 104,482 shares during the period. Barclays PLC grew its position in Sleep Number by 276.5% during the 3rd quarter. Barclays PLC now owns 28,280 shares of the company’s stock worth $518,000 after purchasing an additional 20,769 shares in the last quarter. FMR LLC raised its stake in Sleep Number by 1,764.3% during the 3rd quarter. FMR LLC now owns 21,216 shares of the company’s stock valued at $389,000 after purchasing an additional 20,078 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Sleep Number by 3.6% in the third quarter. Geode Capital Management LLC now owns 518,045 shares of the company’s stock valued at $9,493,000 after purchasing an additional 18,182 shares in the last quarter. Institutional investors and hedge funds 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.