Analyst Price Target is $122.00
▲ +30.38% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Sleep Number in the last 3 months. The average price target is $122.00, with a high forecast of $135.00 and a low forecast of $88.00. The average price target represents a 30.38% upside from the last price of $93.57.
Current Consensus is
The current consensus among 5 investment analysts is to hold stock in Sleep Number. This Hold consensus rating has held steady for over two years.
Sleep Number Corporation, together with its subsidiaries, provides 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 offers adjustable bases under the FlextFit name; temperature-balancing products, including DualTemp layer; SleepIQ Kids k2 beds for kids; and smart beds under the Sleep Number 360 and 360 names. The company sells its products directly to consumers through retail, online, phone, and chat as well as through wholesale. As of January 2, 2021, it operated approximately 602 retail stores in 50 states. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.