Sleep Number Corp (SNBR) fair value: what the stock is really worth
We calculate from audited financials what Sleep Number Corp is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Valuation from Jul 27, 2026. With the latest figures (losses, negative cash flow), a fair value can no longer be calculated.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.
How to read this chart
60‑month range $0.0123 – $114.00 · fair‑value band $0.0199 – $0.0235 · the $0.0200 price screens below the $0.0219 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.
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Sleep Number Corporation, together with its subsidiaries, designs, manufactures, markets, distributes, retails, and services sleep solutions in the United States. It offers smart beds and adjustable bases, pillows, sheets, and other bedding products.
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Sleep Number Corporation, together with its subsidiaries, designs, manufactures, markets, distributes, retails, and services sleep solutions in the United States. It offers smart beds and adjustable bases, pillows, sheets, and other bedding products. The company sells its products direct-to-consumer retail touch points, including stores, online, phone, and chat. 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. On June 12, 2026, Sleep Number Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.
Stock analysis
Sleep Number Corp (SNBR) currently trades at $0.0200, while our model-based Fair Value estimate is $0.0219, so the stock looks roughly fairly valued today (gap 8.7%).
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Valuation
How firm this estimate is: it rests on 8 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: $0.0199 (bear) to $0.0235 (bull), the price of $0.0200 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 39/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Sleep Number Corp reported revenue of $1.4B in FY2025 versus $2.2B in FY2021, a compound −10.3%/yr. Reported net income was −$132M in FY2025.
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 100% below its 52-week high and 63% above its 52-week low.
For context, the median of 10 Consumer Cyclical peers we cover trades at 3% fair-value upside, at 10%, SNBR screens cheaper than that median.
Fair Value models
Bear $0.0199Fair Value $0.0219Bull $0.0235
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
10.0% (2020) → 0.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Furnishings, Fixtures & Appliances · 303 stocks
Beats the industry median on 0/6 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Bottom 25%
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets−1.1% · Bottom 25%
Net margin (TTM)−13.0% · Bottom 25%
Operating margin (TTM)−4.7% · Bottom 25%
Growth and dividend
Revenue growth−18.9% · Bottom 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
PEG1.99× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)46· sector 31
FUTURE (revenue growth)0· sector 0
PAST (return on equity)0· sector 19
HEALTH (low debt)0· sector 98
DIVIDEND (yield)0· sector 62
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Sleep Number Corp Fair Value". https://www.fairvalue-calculator.com/stock/SNBR
Frequently asked questions
Is Sleep Number Corp (SNBR) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of $0.0219 versus a price of $0.0200, about +10% upside (fairly valued).
What is the fair value of SNBR?
Our model-based fair value for Sleep Number Corp is $0.0219 (as of Jul 27, 2026), built from audited fundamentals. The current price: $0.0200.
What is the quality score of SNBR?
Sleep Number Corp has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Sleep Number Corp (SNBR)?
Our model-based price target is the fair value of $0.0219 (as of Jul 27, 2026) from 1 valuation models. Cautious scenario $0.0199, optimistic scenario $0.0235. It is a calculation from audited fundamentals, not an analyst target.
What is the Sleep Number Corp stock forecast for 2026?
Our models put fair value at $0.0219, about +10% upside versus a price of $0.0200 (fairly valued). Cautious scenario $0.0199, optimistic scenario $0.0235. The calculation is refreshed regularly with new filings.
What is the revenue of Sleep Number Corp (SNBR)?
Sleep Number Corp reported trailing-twelve-month revenue of about $1.3B (latest available figure, as of Jul 27, 2026).
What is the intrinsic value of Sleep Number Corp (SNBR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sleep Number Corp it is $0.0219 per share (as of Jul 27, 2026), against a price of $0.0200. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Sleep Number Corp stock overvalued or undervalued in 2026?
As of Jul 27, 2026, SNBR trades below its calculated fair value: price $0.0200, fair value $0.0219, a gap of about +10% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SNBR?
No. The price is what the market pays today ($0.0200); the fair value is what the company's own numbers justify ($0.0219). For Sleep Number Corp the two are $0.0019 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sleep Number Corp worth?
The market values Sleep Number Corp at about $2.9M (market capitalisation, as of Jul 27, 2026). Per share that is $0.0200; our models calculate a fair value of $0.0219 per share.
What do the bullish and bearish scenarios say about SNBR?
Our models span a range for Sleep Number Corp: cautious scenario $0.0199, base $0.0219, optimistic $0.0235 per share (as of Jul 27, 2026, price $0.0200). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of SNBR?
The PEG ratio of Sleep Number Corp is 1.99 (P/E divided by earnings growth, as of Jul 27, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Sleep Number Corp (SNBR)?
Balance-sheet figures for Sleep Number Corp (as of Jul 27, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is SNBR from its 52-week high?
Sleep Number Corp trades at $0.0200, about 100% below its 52-week high of $12.37 and 63% above the low of $0.0123 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0219 is for.
Which stocks are comparable to Sleep Number Corp?
From the same area (Consumer Cyclical) we also value Midea Group, King Slide Works Co, Gree Electric Appliances, Inc, Haier Smart Home Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Sleep Number Corp stock attractive at the current price?
The data as of Jul 27, 2026: price $0.0200, calculated fair value $0.0219 (+10%), Quality Score 39/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SNBR calculated?
We run Sleep Number Corp through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.0219, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Sleep Number Corp currently trades 9 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Sleep Number Corp (SNBR)?
The closing price on Oct 2, 2026 was $0.0200. Our model-based fair value is $0.0219, about +10% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sleep Number Corp right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Sleep Number Corp
How large is the market capitalisation of Sleep Number Corp (SNBR)?
The market capitalisation of Sleep Number Corp is $2.9M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Sleep Number Corp (SNBR)?
Earnings per share at Sleep Number Corp are $−7.58. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Sleep Number Corp (SNBR)?
The net margin of Sleep Number Corp is −9.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Sleep Number Corp (SNBR)?
On an EBIT basis the return on assets of Sleep Number Corp is 6.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Sleep Number Corp (SNBR)?
The operating margin of Sleep Number Corp is −4.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sleep Number Corp (SNBR)?
Revenue at Sleep Number Corp is growing −18.9% versus a year earlier (3y avg −12.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sleep Number Corp (SNBR)?
Earnings per share at Sleep Number Corp are growing −98.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Sleep Number Corp (SNBR) generate?
The free cash flow of Sleep Number Corp is −$17.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Sleep Number Corp (SNBR) carry?
The net debt of Sleep Number Corp is $941M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Jul 27, 2026