Sleep Number Corp Stock Price Prediction

SNBR Stock  USD 14.85  2.36  18.90%   
As of today, The value of RSI of Sleep Number's share price is at 50. This usually implies that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Sleep Number, making its price go up or down.

Oversold Vs Overbought

50

 
Oversold
 
Overbought
The successful prediction of Sleep Number's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Sleep Number and does not consider all of the tangible or intangible factors available from Sleep Number's fundamental data. We analyze noise-free headlines and recent hype associated with Sleep Number Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Sleep Number's stock price prediction:
Quarterly Earnings Growth
(0.98)
EPS Estimate Next Quarter
0.05
EPS Estimate Current Year
(0.93)
EPS Estimate Next Year
0.4633
Wall Street Target Price
12.5
Using Sleep Number hype-based prediction, you can estimate the value of Sleep Number Corp from the perspective of Sleep Number response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Sleep Number to buy its stock at a price that has no basis in reality. In that case, they are not buying Sleep because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Sleep Number after-hype prediction price

    
  USD 12.53  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Sleep Number Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
10.3615.6220.88
Details
Naive
Forecast
LowNextHigh
4.9410.2115.47
Details
5 Analysts
Consensus
LowTargetHigh
23.3625.6728.49
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.26-0.23-0.2
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sleep Number. Your research has to be compared to or analyzed against Sleep Number's peers to derive any actionable benefits. When done correctly, Sleep Number's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sleep Number Corp.

Sleep Number After-Hype Price Prediction Density Analysis

As far as predicting the price of Sleep Number at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Sleep Number or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Sleep Number, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Sleep Number Estimiated After-Hype Price Volatility

In the context of predicting Sleep Number's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sleep Number's historical news coverage. Sleep Number's after-hype downside and upside margins for the prediction period are 7.27 and 17.79, respectively. We have considered Sleep Number's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
14.85
12.53
After-hype Price
17.79
Upside
Sleep Number is somewhat reliable at this time. Analysis and calculation of next after-hype price of Sleep Number Corp is based on 3 months time horizon.

Sleep Number Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Sleep Number is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sleep Number backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Sleep Number, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.14 
5.78
  0.04 
  0.04 
9 Events / Month
12 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.85
12.53
0.32 
2,223  
Notes

Sleep Number Hype Timeline

Sleep Number Corp is at this time traded for 14.85. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of 0.04. Sleep is forecasted to increase in value after the next headline, with the price projected to jump to 12.53 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.32%, whereas the daily expected return is at this time at 0.14%. The volatility of related hype on Sleep Number is about 1930.96%, with the expected price after the next announcement by competition of 14.89. The company reported the previous year's revenue of 1.89 B. Net Loss for the year was (15.29 M) with profit before overhead, payroll, taxes, and interest of 1.2 B. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out Sleep Number Basic Forecasting Models to cross-verify your projections.

Sleep Number Related Hype Analysis

Having access to credible news sources related to Sleep Number's direct competition is more important than ever and may enhance your ability to predict Sleep Number's future price movements. Getting to know how Sleep Number's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Sleep Number may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PRPLPurple Innovation 0.03 9 per month 0.00 (0.13) 5.81 (5.05) 19.53 
MHKMohawk Industries 5.68 9 per month 0.00 (0.09) 2.70 (2.56) 19.07 
LZBLa Z Boy Incorporated(0.71)9 per month 1.58  0.02  3.19 (2.08) 9.51 
LEGLeggett Platt Incorporated(0.15)11 per month 0.00 (0.07) 3.75 (3.69) 13.09 
BSETBassett Furniture Industries 0.04 9 per month 1.51  0.07  3.24 (2.70) 9.61 
ETDEthan Allen Interiors(1.31)7 per month 1.91 (0.04) 2.96 (3.43) 10.65 
NTZNatuzzi SpA 0.00 6 per month 3.72 (0.01) 8.75 (5.44) 30.87 
FLXSFlexsteel Industries 0.50 10 per month 1.55  0.12  5.14 (3.40) 33.56 
KBALKimball International(0.07)10 per month 0.00  0.11  1.08 (0.89) 87.83 
COOKTraeger(0.02)6 per month 0.00 (0.08) 6.21 (4.52) 14.13 
TPXTempur Sealy International(1.62)9 per month 0.99 (0) 3.26 (1.69) 9.71 
LOVEThe Lovesac 1.42 11 per month 2.25  0.14  5.76 (4.37) 26.74 
MLKNMillerKnoll(0.30)8 per month 0.00 (0.13) 3.56 (2.92) 18.38 
AMWDAmerican Woodmark 1.09 7 per month 2.72 (0.03) 3.71 (3.80) 15.43 
CRWSCrown Crafts(0.09)7 per month 0.00 (0.19) 1.29 (1.94) 4.68 

Sleep Number Additional Predictive Modules

Most predictive techniques to examine Sleep price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sleep using various technical indicators. When you analyze Sleep charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Sleep Number Predictive Indicators

The successful prediction of Sleep Number stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Sleep Number Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Sleep Number based on analysis of Sleep Number hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Sleep Number's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Sleep Number's related companies.
 2016 2022 2023 2024 (projected)
Payables Turnover4.765.185.956.55
Days Of Inventory On Hand54.6545.6441.0732.68

Story Coverage note for Sleep Number

The number of cover stories for Sleep Number depends on current market conditions and Sleep Number's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sleep Number is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Sleep Number's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Sleep Number Short Properties

Sleep Number's future price predictability will typically decrease when Sleep Number's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sleep Number Corp often depends not only on the future outlook of the potential Sleep Number's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sleep Number's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding22.4 M
Cash And Short Term Investments2.5 M

Additional Tools for Sleep Stock Analysis

When running Sleep Number's price analysis, check to measure Sleep Number's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.