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

The Lovesac Company (NASDAQ:LOVE) has received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $26.20.

A number of brokerages have recently weighed in on LOVE. Wall Street Zen cut shares of Lovesac from a “hold” rating to a “strong sell” rating in a research note on Saturday, December 13th. Canaccord Genuity Group cut their target price 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. Maxim Group set a $26.00 price target on Lovesac in a research report on Friday, December 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a research note on Monday, December 29th. Finally, 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 note on Thursday, December 11th.

Lovesac Price Performance

Shares of NASDAQ:LOVE opened at $13.32 on Friday. 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. The business has a 50-day moving average of $14.33 and a two-hundred day moving average of $15.45. Lovesac has a fifty-two week low of $11.26 and a fifty-two week high of $23.24.

Lovesac (NASDAQ:LOVE) last issued its quarterly earnings data on Thursday, December 11th. The company reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.70) by ($0.02). The company had revenue of $150.17 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business posted ($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, research analysts expect that Lovesac will post 0.39 EPS for the current fiscal year.

Hedge Funds Weigh In On Lovesac

A number of institutional investors and hedge funds have recently bought and sold shares of LOVE. AQR Capital Management LLC raised its stake in Lovesac by 391.8% during the 1st quarter. AQR Capital Management LLC now owns 111,727 shares of the company’s stock valued at $2,031,000 after purchasing an additional 89,007 shares during the last quarter. Millennium Management LLC raised its position in shares of Lovesac by 344.8% during the first quarter. Millennium Management LLC now owns 302,291 shares of the company’s stock valued at $5,496,000 after buying an additional 234,324 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Lovesac by 8.1% in the first quarter. Empowered Funds LLC now owns 55,925 shares of the company’s stock valued at $1,017,000 after buying an additional 4,200 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in Lovesac during the second quarter worth about $581,000. Finally, Versor Investments LP grew its position in Lovesac by 22.7% during the second quarter. Versor Investments LP now owns 32,871 shares of the company’s stock worth $598,000 after buying an additional 6,071 shares in the last quarter. Institutional investors 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.