The Lovesac Company (NASDAQ:LOVE) Receives $26.20 Average Target Price from Brokerages

The Lovesac Company (NASDAQ:LOVE) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $26.20.

Several equities research analysts have issued reports on LOVE shares. DA Davidson decreased their price target on shares of Lovesac from $24.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Maxim Group set a $26.00 target price on shares of Lovesac in a research note on Friday, December 12th. Wall Street Zen downgraded Lovesac from a “hold” rating to a “strong sell” rating in a report on Saturday, December 13th. Canaccord Genuity Group decreased their price objective on Lovesac from $30.00 to $24.00 and set a “buy” rating on the stock in a report on Friday, December 12th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lovesac in a research report on Monday, December 29th.

Lovesac Stock Performance

Shares of NASDAQ:LOVE opened at $13.36 on Friday. The business’s fifty day moving average price is $14.32 and its two-hundred day moving average price is $15.38. The stock has a market cap of $195.32 million, a PE ratio of 58.09, a price-to-earnings-growth ratio of 0.43 and a beta of 2.36. Lovesac has a one year low of $11.26 and a one year high of $23.00.

Lovesac (NASDAQ:LOVE) last issued its quarterly earnings data on Thursday, December 11th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.70) by ($0.02). The company had revenue of $150.17 million during the quarter, compared to analysts’ expectations of $154.17 million. Lovesac had a net margin of 1.05% and a return on equity of 3.61%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.32) earnings per share. Lovesac has set its Q4 2026 guidance at 1.880-2.220 EPS and its FY 2026 guidance at 0.150-0.490 EPS. As a group, equities research analysts predict that Lovesac will post 0.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its position in shares of Lovesac by 130.4% in the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after acquiring an additional 1,097 shares during the last quarter. Meeder Asset Management Inc. raised its stake in Lovesac by 147.9% during the third quarter. Meeder Asset Management Inc. now owns 5,357 shares of the company’s stock worth $91,000 after purchasing an additional 3,196 shares during the period. Ancora Advisors LLC purchased a new position in Lovesac during the third quarter worth approximately $146,000. XTX Topco Ltd acquired a new position in shares of Lovesac in the 4th quarter valued at $149,000. Finally, PFG Investments LLC purchased a new stake in shares of Lovesac during the 4th quarter valued at $156,000. Institutional investors and hedge funds own 91.32% of the company’s stock.

Lovesac Company Profile

Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.

In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.