Zacks Research upgraded shares of Bob’s Discount Furniture (NYSE:BOBS – Free Report) to a hold rating in a report issued on Tuesday morning,Zacks.com reports.
Several other research analysts have also commented on BOBS. Morgan Stanley started coverage on shares of Bob’s Discount Furniture in a report on Monday. They issued an “overweight” rating and a $25.50 price target for the company. Royal Bank Of Canada started coverage on shares of Bob’s Discount Furniture in a research report on Monday. They issued an “outperform” rating and a $26.00 target price for the company. The Goldman Sachs Group began coverage on Bob’s Discount Furniture in a report on Monday. They set a “neutral” rating and a $25.00 price target on the stock. UBS Group lowered Bob’s Discount Furniture to a “buy” rating and set a $27.00 price objective for the company. in a report on Monday. Finally, Raymond James Financial upgraded Bob’s Discount Furniture to a “moderate buy” rating in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Bob’s Discount Furniture currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.32.
Get Our Latest Stock Report on BOBS
Bob’s Discount Furniture Trading Down 2.1%
Insider Transactions at Bob’s Discount Furniture
In other news, Director Jennifer Lynn Davis sold 2,917,500 shares of Bob’s Discount Furniture stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $15.94, for a total value of $46,504,950.00. Following the transaction, the director directly owned 95,370,751 shares of the company’s stock, valued at $1,520,209,770.94. This trade represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Thomas Kilgallon sold 2,917,500 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $15.94, for a total transaction of $46,504,950.00. Following the completion of the sale, the director owned 95,370,751 shares of the company’s stock, valued at approximately $1,520,209,770.94. This trade represents a 2.97% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 3.20% of the company’s stock.
Key Stories Impacting Bob’s Discount Furniture
Here are the key news stories impacting Bob’s Discount Furniture this week:
- Positive Sentiment: KeyCorp reiterated an Overweight stance, published multi-year EPS forecasts (FY2026 $0.95; FY2027 $1.07; FY2028 $1.20) and set a $28 price target — implying sizable upside from current levels. This is a clear analyst bullish signal. KeyCorp Estimates & Rating
- Positive Sentiment: UBS initiated coverage with a Buy rating, adding institutional endorsement that can support demand for the shares. UBS Buy
- Positive Sentiment: Evercore assigned an Outperform rating — another constructive analyst view that may help lift sentiment. Evercore Outperform
- Positive Sentiment: Raymond James issued an upgrade, contributing to the cluster of bullish analyst actions this week. Raymond James Upgrade
- Neutral Sentiment: Multiple large banks (JPMorgan, RBC, Loop Capital, Key coverage notes, Robert W. Baird, Bank of America, Morgan Stanley) began or expanded research coverage — increases sell-side attention and liquidity but not uniformly bullish. Coverage tends to reduce information frictions; the immediate price impact depends on each firm’s rating and models. JPMorgan Coverage
- Neutral Sentiment: Zacks moved the stock to a Hold — a modestly positive tuning of stance but not a buy signal. Zacks Upgrade to Hold
- Neutral Sentiment: Goldman Sachs issued a Neutral rating — tempers upside from buy calls and may cap near-term momentum for investors seeking conviction from top-tier sell-side houses. Goldman Sachs Neutral
- Neutral Sentiment: Bob’s set its Q4 & fiscal 2025 results release and conference call for March 17 — an upcoming catalyst where guidance or results could drive next moves. Investors should watch the call for margin commentary and same-store trends. Conference Call Announcement
Bob’s Discount Furniture Company Profile
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 Articles
- Five stocks we like better than Bob’s Discount Furniture
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- Unlocked: Elon Musk’s Next Big IPO
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.
