Bob’s Discount Furniture (NYSE:BOBS – Free Report) had its price objective lowered by JPMorgan Chase & Co. from $29.00 to $26.00 in a research report report published on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
A number of other research firms have also weighed in on BOBS. Evercore initiated coverage on shares of Bob’s Discount Furniture in a report on Monday, March 2nd. They set an “outperform” rating and a $25.00 price target for the company. UBS Group lowered Bob’s Discount Furniture to a “buy” rating and set a $27.00 target price on the stock. in a research report on Monday, March 2nd. Raymond James Financial upgraded Bob’s Discount Furniture to a “moderate buy” rating in a research note on Monday, March 2nd. Robert W. Baird cut their price target on shares of Bob’s Discount Furniture from $22.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Royal Bank Of Canada reduced their price objective on shares of Bob’s Discount Furniture from $26.00 to $25.00 and set an “outperform” rating on the stock in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $25.00.
View Our Latest Stock Report on BOBS
Bob’s Discount Furniture Trading Up 0.1%
Bob’s Discount Furniture (NYSE:BOBS – Get Free Report) last released its quarterly earnings data on Tuesday, March 17th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.24. The business had revenue of $648.83 million for the quarter, compared to analysts’ expectations of $647.49 million. During the same quarter in the prior year, the firm earned $0.36 earnings per share. Bob’s Discount Furniture’s quarterly revenue was up 8.2% compared to the same quarter last year.
Insider Activity
In other Bob’s Discount Furniture news, Director John Thomas Kilgallon sold 2,917,500 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $15.94, for a total value of $46,504,950.00. Following the sale, the director directly owned 95,370,751 shares in the company, valued at approximately $1,520,209,770.94. This trade represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jennifer Lynn Davis sold 2,917,500 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $15.94, for a total transaction of $46,504,950.00. Following the transaction, the director owned 95,370,751 shares of the company’s stock, valued at $1,520,209,770.94. This represents a 2.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.20% of the stock is owned by corporate insiders.
Key Stories Impacting Bob’s Discount Furniture
Here are the key news stories impacting Bob’s Discount Furniture this week:
- Positive Sentiment: Q4 beat and healthy revenue growth — BOBS reported $0.35 EPS vs. $0.11 consensus and Q4 revenue of $648.8M (up 8.2% YoY). The quarter beat expectations and management emphasized market‑share gains. Article Title
- Positive Sentiment: Full‑year strength — FY2025 revenue rose ~16.8% to about $2.4B, supporting the narrative of post‑IPO growth and scale. Article Title
- Positive Sentiment: Growth initiatives — Company said it plans additional store openings and highlighted omnichannel capabilities as drivers of growth, which could support longer‑term revenue expansion. Article Title
- Neutral Sentiment: Corporate release and investor materials — Management provided a detailed press release and conference call; useful for investors wanting guidance/details but not an immediate directional catalyst. Article Title
- Negative Sentiment: Multiple price‑target cuts — Several firms trimmed targets today (JPMorgan $29→$26; Morgan Stanley $25.5→$23; DA Davidson $26→$24; RBC $26→$25) even while many kept “overweight/buy/outperform” ratings. These trims can weigh on sentiment despite retained bullish calls. Article Title RBC Item
- Negative Sentiment: Robert W. Baird lowered its target steeply and moved to a neutral rating ($22→$16 → neutral), a direct downgrade that may temper near‑term momentum. Article Title
- Negative Sentiment: Signs of slowing comps — Coverage noted slowing comparative‑sales growth, a risk that could limit margin expansion and investor enthusiasm if the trend continues. Article Title
About Bob’s Discount Furniture
Bob’s Discount Furniture (NYSE: BOBS) is a U.S.-based specialty retailer of residential furniture and home furnishings. The company operates a network of company-owned showrooms alongside an e-commerce platform to sell living room, bedroom and dining furniture, mattresses, home office pieces, and decorative accessories. Its merchandising and marketing emphasize value-oriented pricing and broad selection across mainstream categories.
In addition to merchandise sales, Bob’s Discount Furniture offers services commonly associated with full-service furniture retail, including delivery, white-glove setup in some markets, and consumer financing options.
Featured Stories
Receive News & Ratings for Bob's Discount Furniture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bob's Discount Furniture and related companies with MarketBeat.com's FREE daily email newsletter.
