Sleep Number Corporation (SNBR)
Consumer Cyclical
- Fundamental
- 1
- Sentiment
- 1
- Technical
- 1
Do Nothing: fundamentalScore is 1 (below required floor of 3); strategy requires fundamentalScore >= 3 before any bullish entry. The chart also remains broken, with price below all key averages and extreme event-driven volatility.
Company overview
Sleep Number Corporation provides sleep-related products and services in the United States, including beds, pillows, and sheets under the Sleep Number brand. The company also offers adjustable bed bases and smart beds, selling directly to consumers through various channels. It operates approximately 648 retail stores across all 50 states.
Fundamental
very weakSleep Number is undergoing Chapter 11 with negative equity and liquidity, making it non-investable on fundamentals.
Sleep Number entered voluntary Chapter 11 and is pursuing a court-supervised asset sale; recent SEC disclosures warn common shareholders are likely to receive no recovery and delisting is expected. The balance sheet shows negative equity (about -$578M), very weak liquidity (current ratio ~0.15), and heavy leverage (net debt near $0.94B). Profitability is negative (TTM net margin ~-13%, TTM EBITDA margin ~-2%), and discounted-cash-flow estimates are negative, consistent with impaired equity value. FundamentalScore: 1/5.
Sentiment
very weakMedia coverage is negative due to the Chapter 11 filing, with no positive retail or catalyst signals.
Sleep Number’s Chapter 11 filing and announced court-supervised asset sale/combination with Sleep Country Canada (announced 2026-06-12) is driving sharply bearish media tone over the last ~14d; the 30–90d baseline is indeterminate due to zero primary-tier baseline items. **Severe Red-Flag Screen hit: bankruptcy/court-supervised sale implies high risk of equity impairment**, capping the qualitativeScore at **1**.
Technical
very weakThe stock is in a downtrend with oversold indicators, but no bullish reversal is confirmed.
Despite adequate liquidity and no near-term earnings or dividend blackout, SNBR's chart is structurally bearish. The latest close at 0.3902 is far below SMA20/50/200 and EMA9/21, MACD remains below zero and below its signal, and ATR14 of 0.31 is roughly 79% of price. RSI14 and Williams %R are oversold, but that reads as exhaustion inside a broken structure rather than a confirmed bullish reversal.
You’re looking at 2026-06-15 — about 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
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Not financial advice. For informational and educational purposes only.