The Lovesac Company (NASDAQ:LOVE) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of The Lovesac Company (NASDAQ:LOVE) have earned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $26.20.

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

Lovesac Trading Down 2.3%

Shares of LOVE opened at $13.32 on Friday. The business’s 50-day moving average price is $14.33 and its 200 day moving average price is $15.45. The stock has a market capitalization of $194.74 million, a P/E ratio of 57.91, a P/E/G ratio of 0.44 and a beta of 2.36. Lovesac has a 1-year low of $11.26 and a 1-year high of $23.24.

Lovesac (NASDAQ:LOVE) last released its earnings results on Thursday, December 11th. The company reported ($0.72) earnings per share for the quarter, missing the consensus estimate of ($0.70) by ($0.02). The firm had revenue of $150.17 million during the quarter, compared to analysts’ expectations of $154.17 million. Lovesac had a return on equity of 3.61% and a net margin of 1.05%.The business’s revenue was up .2% on a year-over-year basis. During the same period last year, the business 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. On average, research analysts predict that Lovesac will post 0.39 earnings per share for the current year.

Institutional Trading of Lovesac

A number of institutional investors have recently bought and sold shares of LOVE. Invesco Ltd. increased its position in Lovesac by 32.3% in the 4th quarter. Invesco Ltd. now owns 73,880 shares of the company’s stock worth $1,090,000 after purchasing an additional 18,027 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Lovesac by 139.4% in the 4th quarter. Corient Private Wealth LLC now owns 278,863 shares of the company’s stock valued at $4,113,000 after buying an additional 162,356 shares in the last quarter. Empowered Funds LLC increased its holdings in Lovesac by 10.8% in the fourth quarter. Empowered Funds LLC now owns 76,547 shares of the company’s stock worth $1,129,000 after buying an additional 7,483 shares during the last quarter. XTX Topco Ltd bought a new position in Lovesac during the fourth quarter valued at approximately $149,000. Finally, Millennium Management LLC lifted its stake in Lovesac by 378.9% in the fourth quarter. Millennium Management LLC now owns 327,477 shares of the company’s stock valued at $4,830,000 after acquiring an additional 259,097 shares during the last quarter. 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.