The average one-year price target for Sleep Number (NasdaqGS:SNBR) has been revised to $9.18 / share. This is an increase of 63.64% from the prior estimate of $5.61 dated January 11, 2026.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $6.06 to a high of $12.60 / share. The average price target represents a decrease of 22.27% from the latest reported closing price of $11.81 / share.
What is the Fund Sentiment?
There are 255 funds or institutions reporting positions in Sleep Number. This is an decrease of 15 owner(s) or 5.56% in the last quarter. Average portfolio weight of all funds dedicated to SNBR is 0.12%, an increase of 8.55%. Total shares owned by institutions increased in the last three months by 5.46% to 22,061K shares. 
The put/call ratio of SNBR is 0.23, indicating a bullish outlook.
What are Other Shareholders Doing?
Stadium Capital Management holds 2,616K shares representing 11.48% ownership of the company. No change in the last quarter.
Brightlight Capital Management holds 1,112K shares representing 4.88% ownership of the company. No change in the last quarter.
Pacific Ridge Capital Partners holds 774K shares representing 3.40% ownership of the company. In its prior filing, the firm reported owning 782K shares , representing a decrease of 1.03%. The firm decreased its portfolio allocation in SNBR by 5.45% over the last quarter.
Charles Schwab Investment Management holds 737K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 529K shares , representing an increase of 28.28%. The firm increased its portfolio allocation in SNBR by 33.73% over the last quarter.
Millennium Management holds 717K shares representing 3.15% ownership of the company. In its prior filing, the firm reported owning 61K shares , representing an increase of 91.53%. The firm increased its portfolio allocation in SNBR by 984.57% over the last quarter.
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