The Lovesac Company (NASDAQ:LOVE) Given Average Rating of “Moderate Buy” by Analysts

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 Ratings reports. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $30.00.

LOVE has been the subject of several analyst reports. Maxim Group cut their target price on Lovesac from $38.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, September 12th. DA Davidson restated a “buy” rating and issued a $24.00 price objective on shares of Lovesac in a research report on Tuesday, September 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Lovesac in a report on Wednesday, October 8th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $30.00 price target on shares of Lovesac in a report on Friday, September 12th.

Hedge Funds Weigh In On Lovesac

A number of institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its holdings in shares of Lovesac by 130.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after acquiring an additional 1,097 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Lovesac during the 2nd quarter worth $36,000. Quarry LP grew its position in Lovesac by 396.3% in the first quarter. Quarry LP now owns 3,052 shares of the company’s stock worth $55,000 after acquiring an additional 2,437 shares in the last quarter. Meeder Asset Management Inc. grew its position in Lovesac by 147.9% in the third quarter. Meeder Asset Management Inc. now owns 5,357 shares of the company’s stock worth $91,000 after acquiring an additional 3,196 shares in the last quarter. Finally, Blueshift Asset Management LLC bought a new position in Lovesac in the second quarter valued at $195,000. 91.32% of the stock is currently owned by institutional investors.

Lovesac Trading Up 1.0%

Lovesac stock opened at $13.39 on Wednesday. The firm has a 50 day simple moving average of $16.12 and a 200 day simple moving average of $18.01. Lovesac has a 1-year low of $12.12 and a 1-year high of $39.49. The firm has a market capitalization of $195.63 million, a price-to-earnings ratio of 21.25, a P/E/G ratio of 0.63 and a beta of 2.37.

Lovesac (NASDAQ:LOVE) last posted its quarterly earnings results on Thursday, September 11th. The company reported ($0.45) EPS for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.27. The firm had revenue of $160.53 million during the quarter, compared to analyst estimates of $160.42 million. Lovesac had a return on equity of 6.35% and a net margin of 1.87%.The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the company earned ($0.38) earnings per share. Lovesac has set its Q3 2026 guidance at -0.830–0.51 EPS. FY 2026 guidance at 0.520-1.05 EPS. On average, equities research analysts forecast that Lovesac will post 0.39 EPS for the current year.

Lovesac Company Profile

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions.