Despite Margin Risks, Digital Shifts Will Drive Future Turnaround

Sleep Number’s consensus price target has increased, primarily reflecting a meaningful rise in its forward P/E multiple despite stable net profit margins, raising the fair value estimate from $6.50 to $7.50. What's in the News Sleep Number expects full year 2025 net sales of approximately $1.45 billion, reflecting an estimated 14% year-over-year decline.