Somnigroup Surges 1.76% with $230M Volume (Rank 456) as Analysts Upgrade Targets Market Cap Hits $15.9B

On August 11, 2025, Somnigroup (SGI) surged 1.76% with a trading volume of $0.23 billion, ranking 456th in market activity. The stock reached an all-time high of $75.70, achieving a $15.9 billion market capitalization. Valuation metrics indicate a P/E ratio of 52.7x, suggesting potential overvaluation compared to fair value estimates. Year-to-date performance reflects a 23% revenue growth in the past twelve months, driving investor confidence in its expansion trajectory.

Recent quarterly results showed adjusted earnings of $0.53 per share, slightly above expectations. Raymond James upgraded its price target to $85 with a "Strong Buy" rating, while Piper Sandler raised its target to $80, citing successful integration of Mattress Firm. Analysts highlighted $100 million in projected EBITDA synergies by 2026 as a key catalyst. Despite mixed sales trends, the company maintained market share growth across all segments, reinforcing positive sentiment.

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