Lovesac Company (LOVE) Stock Forecast, Price Target & Predictions

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LOVE Stock Forecast

Lovesac Company stock forecast is as follows: an average price target of $38.00 (represents a 58.80% upside from LOVE’s last price of $23.93) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

LOVE Price Target

The average price target for Lovesac Company (LOVE) is $38.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $31.00. This represents a potential 58.80% upside from LOVE's last price of $23.93.

LOVE Analyst Ratings

Buy

According to 5 Wall Street analysts, Lovesac Company's rating consensus is 'Buy'. The analyst rating breakdown for LOVE stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Lovesac Company Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Dec 02, 2024	Maria Ripps	Canaccord Genuity	$45.00	$37.32	20.58%	88.05%
Sep 13, 2024	Matt Koranda	Roth Capital	$31.00	$25.39	22.10%	29.54%
Sep 13, 2024	Tom Forte	Maxim Group	$38.00	$25.50	49.02%	58.80%
Jun 14, 2024	Thomas Forte	D.A. Davidson	$32.00	$26.26	21.86%	33.72%
Jun 13, 2024	Matt Koranda	Roth Capital	$30.00	$25.98	15.47%	25.37%
Apr 17, 2024	Tom Forte	Maxim Group	$36.00	$19.35	86.05%	50.44%
Apr 12, 2024	Alex Fuhrman	Craig-Hallum	$30.00	$19.07	57.32%	25.37%
Apr 12, 2024	Maria Ripps	Canaccord Genuity	$36.00	$20.73	73.66%	50.44%

The latest Lovesac Company stock forecast, released on Dec 02, 2024 by Maria Ripps from Canaccord Genuity, set a price target of $45.00, which represents a 20.58% increase from the stock price at the time of the forecast ($37.32), and a 88.05% increase from LOVE last price ($23.93).

Lovesac Company Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	8
Avg Price Target	$45.00	$45.00	$34.75
Last Closing Price	$23.93	$23.93	$23.93
Upside/Downside	88.05%	88.05%	45.22%

In the current month, the average price target of Lovesac Company stock is $45.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 88.05% increase as opposed to Lovesac Company's last price of $23.93. This month's average price target is down 0.00% compared to last quarter, and up 29.50% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Dec 02, 2024	Canaccord Genuity	Buy	Buy	Hold
Sep 13, 2024	Roth Capital	Buy	Buy	Hold
Sep 13, 2024	Craig-Hallum	Buy	Buy	Hold
Sep 12, 2024	Canaccord Genuity	Buy	Buy	Hold
Sep 12, 2024	Oppenheimer	Outperform	Outperform	Hold
Jul 03, 2024	Oppenheimer	Underperform	Underperform	Hold
Jul 03, 2024	Roth Capital	Buy	Buy	Hold
Jun 13, 2024	Oppenheimer	Outperform	Outperform	Hold
Jun 11, 2024	Oppenheimer	Underperform	Underperform	Hold
Jun 11, 2024	Roth Capital	Buy	Buy	Hold
Apr 17, 2024	Maxim Group		Buy	Initialise
Apr 12, 2024	Craig-Hallum	Buy	Buy	Hold
Apr 12, 2024	Canaccord Genuity	Buy	Buy	Hold
Sep 09, 2022	Oppenheimer	Buy	Buy	Hold
Apr 15, 2021	Craig-Hallum	Buy	Buy	Hold

Lovesac Company's last stock rating was published by Canaccord Genuity on Dec 02, 2024. The company gave LOVE a "Buy" rating, the same as its previous rate.

Lovesac Company Financial Forecast

Lovesac Company Revenue Forecast

	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20	Feb 20	Nov 19	Aug 19	May 19	Feb 19	Nov 18
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$129.38M	-	-	$102.45M	-	-	$74.74M	$61.95M	$54.37M	$92.18M	$52.10M	$48.15M	$40.96M	$64.18M	$41.69M
Avg Forecast	$248.28M	$158.80M	$164.01M	$137.92M	$230.33M	$154.23M	$155.07M	$128.08M	$265.35M	$153.80M	$151.67M	$133.73M	$217.60M	$134.45M	$130.09M	$115.02M	$174.33M	$112.19M	$90.97M	$75.07M	$116.13M	$66.15M	$52.35M	$47.20M	$90.64M	$54.29M	$47.78M	$40.00M	$55.96M	$30.59M
High Forecast	$249.39M	$159.51M	$164.74M	$138.54M	$232.00M	$155.84M	$155.07M	$128.08M	$265.35M	$154.13M	$155.03M	$134.33M	$218.57M	$135.61M	$131.21M	$116.01M	$175.83M	$113.15M	$91.75M	$75.71M	$117.13M	$66.72M	$52.80M	$47.60M	$91.42M	$54.75M	$48.19M	$40.34M	$56.44M	$36.71M
Low Forecast	$245.47M	$157.00M	$162.15M	$136.36M	$226.10M	$152.60M	$155.07M	$128.08M	$265.35M	$153.46M	$150.08M	$132.22M	$215.13M	$132.63M	$128.33M	$113.45M	$171.96M	$110.66M	$89.74M	$74.05M	$114.55M	$65.25M	$51.64M	$46.56M	$89.41M	$53.55M	$47.13M	$39.45M	$55.20M	$24.47M
# Analysts	1	1	1	1	6	4	2	1	1	2	5	2	2	2	2	2	2	3	3	3	9	9	15	9	9	16	8	10	16	18
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.12%	-	-	1.13%	-	-	1.13%	1.18%	1.15%	1.02%	0.96%	1.01%	1.02%	1.15%	1.36%

Lovesac Company's average Quarter revenue forecast for Aug 22 based on 2 analysts is $130.09M, with a low forecast of $128.33M, and a high forecast of $131.21M. LOVE's average Quarter revenue forecast represents a 0.55% increase compared to the company's last Quarter revenue of $129.38M (May 22).

Lovesac Company EBITDA Forecast

	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20	Feb 20	Nov 19	Aug 19	May 19	Feb 19	Nov 18
# Analysts	1	1	1	1	6	4	2	1	1	2	5	2	2	2	2	2	2	3	3	3	9	9	15	9	9	16	8	10	16	18
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.31M	-	-	$10.52M	-	-	$4.39M	$436.02K	$-6.63M	$7.06M	$-5.22M	$-3.40M	$-7.79M	$9.29M	$-1.21M
Avg Forecast	$12.48M	$7.98M	$8.25M	$6.93M	$11.58M	$7.75M	$7.80M	$57.98M	$13.34M	$7.73M	$7.63M	$52.71M	$9.54M	$6.77M	$6.55M	$41.67M	$8.78M	$5.65M	$9.27M	$3.78M	$5.85M	$3.33M	$2.64M	$6.10M	$4.56M	$2.73M	$2.41M	$7.10M	$2.82M	$-5.58M
High Forecast	$12.54M	$8.02M	$8.28M	$6.97M	$11.66M	$7.84M	$7.80M	$69.57M	$13.34M	$7.75M	$7.79M	$63.25M	$11.45M	$6.83M	$6.61M	$50.00M	$8.85M	$5.70M	$11.13M	$3.81M	$5.90M	$3.36M	$2.66M	$7.33M	$4.60M	$2.76M	$2.43M	$8.52M	$2.84M	$-4.46M
Low Forecast	$12.34M	$7.89M	$8.15M	$6.86M	$11.37M	$7.67M	$7.80M	$46.38M	$13.34M	$7.72M	$7.55M	$42.17M	$7.63M	$6.68M	$6.46M	$33.33M	$8.66M	$5.57M	$7.42M	$3.73M	$5.77M	$3.29M	$2.60M	$4.88M	$4.50M	$2.70M	$2.37M	$5.68M	$2.78M	$-6.69M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13%	-	-	1.13%	-	-	1.32%	0.17%	-1.09%	1.55%	-1.91%	-1.41%	-1.10%	3.30%	0.22%

2 analysts predict LOVE's average Quarter EBITDA for Aug 22 to be $6.55M, with a high of $6.61M and a low of $6.46M. This is 23.46% upper than Lovesac Company's previous annual EBITDA (May 22) of $5.31M.

Lovesac Company Net Income Forecast

	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20	Feb 20	Nov 19	Aug 19	May 19	Feb 19	Nov 18
# Analysts	1	1	1	1	6	4	2	1	1	2	5	2	2	2	2	2	2	3	3	3	9	9	15	9	9	16	8	10	16	18
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.90M	-	-	$8.45M	-	-	$2.48M	$-1.11M	$-8.35M	$5.42M	$-6.75M	$-4.77M	$-9.10M	$8.44M	$-2.49M
Avg Forecast	$34.70M	$-3.89M	$-3.80M	$-11.65M	$29.18M	$-5.42M	$-6.83M	$71.91M	$29.98M	$-4.14M	$-1.64M	$65.38M	$5.59M	$-11.80M	$6.08M	$51.68M	$8.39M	$-6.39M	$4.12M	$-9.04M	$9.08M	$-13.70M	$-7.51M	$4.76M	$5.55M	$-6.61M	$-7.95M	$6.45M	$7.87M	$-6.41M
High Forecast	$34.90M	$-3.84M	$-3.74M	$-11.48M	$30.54M	$-4.47M	$-6.73M	$86.30M	$31.25M	$-3.88M	$-1.38M	$78.45M	$6.71M	$-11.59M	$6.15M	$62.02M	$8.48M	$-6.28M	$4.95M	$-8.88M	$9.18M	$-13.46M	$-7.37M	$5.71M	$5.61M	$-6.49M	$-7.81M	$7.74M	$7.96M	$-5.13M
Low Forecast	$34.19M	$-3.92M	$-3.82M	$-11.72M	$27.69M	$-6.38M	$-6.87M	$57.53M	$28.71M	$-4.28M	$-2.14M	$52.30M	$4.47M	$-11.93M	$5.97M	$41.34M	$8.24M	$-6.47M	$3.30M	$-9.14M	$8.92M	$-13.85M	$-7.59M	$3.81M	$5.45M	$-6.68M	$-8.04M	$5.16M	$7.73M	$-7.69M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04%	-	-	2.05%	-	-	-0.18%	0.15%	-1.75%	0.98%	1.02%	0.60%	-1.41%	1.07%	0.39%

Lovesac Company's average Quarter net income forecast for Aug 22 is $6.08M, with a range of $5.97M to $6.15M. LOVE's average Quarter net income forecast represents a 220.85% increase compared to the company's last Quarter net income of $1.90M (May 22).

Lovesac Company SG&A Forecast

	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20	Feb 20	Nov 19	Aug 19	May 19	Feb 19	Nov 18
# Analysts	1	1	1	1	6	4	2	1	1	2	5	2	2	2	2	2	2	3	3	3	9	9	15	9	9	16	8	10	16	18
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$60.80M	-	-	$48.42M	-	-	$36.92M	$30.55M	$34.03M	$38.32M	$31.74M	$28.03M	$29.25M	$26.64M	$24.49M
Avg Forecast	$121.42M	$77.66M	$80.21M	$67.45M	$112.64M	$75.43M	$75.84M	$62.64M	$129.77M	$75.22M	$74.17M	$65.40M	$109.56M	$65.75M	$63.62M	$56.25M	$85.26M	$54.86M	$82.87M	$36.71M	$56.79M	$32.35M	$25.60M	$35.00M	$44.33M	$26.55M	$23.37M	$20.85M	$27.37M	$22.69M
High Forecast	$121.96M	$78.01M	$80.57M	$67.75M	$113.46M	$76.22M	$75.84M	$62.64M	$129.77M	$75.38M	$75.82M	$65.69M	$131.47M	$66.32M	$64.17M	$56.73M	$85.99M	$55.34M	$99.44M	$37.03M	$57.28M	$32.63M	$25.82M	$42.00M	$44.71M	$26.78M	$23.57M	$25.02M	$27.60M	$27.22M
Low Forecast	$120.05M	$76.78M	$79.30M	$66.69M	$110.57M	$74.63M	$75.84M	$62.64M	$129.77M	$75.05M	$73.40M	$64.66M	$87.65M	$64.86M	$62.76M	$55.48M	$84.10M	$54.12M	$66.29M	$36.21M	$56.02M	$31.91M	$25.25M	$28.00M	$43.73M	$26.19M	$23.05M	$16.68M	$26.99M	$18.15M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	-	-	0.58%	-	-	1.14%	1.19%	0.97%	0.86%	1.20%	1.20%	1.40%	0.97%	1.08%

Lovesac Company's average Quarter SG&A projection for Aug 22 is $63.62M, based on 2 Wall Street analysts, with a range of $62.76M to $64.17M. The forecast indicates a 4.64% rise compared to LOVE last annual SG&A of $60.80M (May 22).

Lovesac Company EPS Forecast

	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20	Feb 20	Nov 19	Aug 19	May 19	Feb 19	Nov 18
# Analysts	1	1	1	1	6	4	2	1	1	2	5	2	2	2	2	2	2	3	3	3	9	9	15	9	9	16	8	10	16	18
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.13	-	-	$0.56	-	-	$0.17	$-0.08	$-0.58	$0.37	$-0.46	$-0.33	$-0.67	$0.62	$-0.22
Avg Forecast	$2.23	$-0.25	$-0.24	$-0.75	$1.87	$-0.35	$-0.44	$-0.96	$1.93	$-0.27	$-0.10	$-0.41	$1.73	$-0.76	$0.39	$-0.22	$0.54	$-0.41	$-0.08	$-0.58	$0.58	$-0.88	$-0.48	$-0.71	$0.36	$-0.42	$-0.51	$-0.56	$0.51	$-0.23
High Forecast	$2.24	$-0.25	$-0.24	$-0.74	$1.96	$-0.29	$-0.43	$-0.95	$2.01	$-0.25	$-0.09	$-0.41	$1.74	$-0.74	$0.39	$-0.21	$0.54	$-0.40	$-0.08	$-0.57	$0.59	$-0.86	$-0.47	$-0.69	$0.36	$-0.42	$-0.50	$-0.56	$0.51	$-0.18
Low Forecast	$2.20	$-0.25	$-0.25	$-0.75	$1.78	$-0.41	$-0.44	$-0.97	$1.84	$-0.27	$-0.14	$-0.42	$1.70	$-0.77	$0.38	$-0.22	$0.53	$-0.41	$-0.08	$-0.59	$0.57	$-0.89	$-0.49	$-0.71	$0.35	$-0.43	$-0.52	$-0.57	$0.50	$-0.28
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.60%	-	-	-6.69%	-	-	-0.19%	0.17%	0.82%	1.04%	1.08%	0.65%	1.19%	1.23%	0.96%

According to 2 Wall Street analysts, Lovesac Company's projected average Quarter EPS for Aug 22 is $0.39, with a low estimate of $0.38 and a high estimate of $0.39. This represents a 200.00% increase compared to LOVE previous annual EPS of $0.13 (May 22).

Lovesac Company Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PRPL	Purple Innovation	$0.90	$1.30	44.44%	Hold
LOVE	Lovesac Company	$26.69	$38.00	42.38%	Buy
COOK	Traeger	$3.01	$4.08	35.55%	Hold
MHK	Mohawk Industries	$124.70	$161.71	29.68%	Hold
MBC	MasterBrand	$16.14	$20.00	23.92%	Buy
ETD	Ethan Allen Interiors	$29.92	$33.00	10.29%	Hold
TPX	Tempur Sealy	$56.95	$52.00	-8.69%	Buy
WHR	Whirlpool	$120.31	$95.00	-21.04%	Hold
SNBR	Sleep Number	$18.92	$12.00	-36.58%	Hold

LOVE Forecast FAQ

Is Lovesac Company a good buy?

Yes, according to 5 Wall Street analysts, Lovesac Company (LOVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of LOVE's total ratings.

What is LOVE's price target?

Lovesac Company (LOVE) average price target is $38 with a range of $31 to $45, implying a 58.80% from its last price of $23.93. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Lovesac Company stock go up soon?

According to Wall Street analysts' prediction for LOVE stock, the company can go up by 58.80% (from the last price of $23.93 to the average price target of $38), up by 88.05% based on the highest stock price target, and up by 29.54% based on the lowest stock price target.

Can Lovesac Company stock reach $40?

LOVE's highest twelve months analyst stock price target of $45 supports the claim that Lovesac Company can reach $40 in the near future.

What is Lovesac Company's current price target trend?

1 Wall Street analyst forecast a $45 price target for Lovesac Company (LOVE) this month, up 88.05% from its last price of $23.93. Compared to the last 3 and 12 months, the average price target increased by 88.05% and increased by 45.22%, respectively.

Did the LOVE's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (May 2022), Lovesac Company's revenue was $129.38M, beating the average analysts' forecast of $115.02M by 12.49%. The company's EBITDA was $5.31M, missing the average prediction of $41.67M by -87.27%. Lovesac Company's net income was $1.9M, missing the average estimation of $51.68M by -96.33%. The company's SG&A was $60.8M, beating the average forecast of $56.25M by 8.09%. Lastly, the company's EPS was $0.13, missing the average prediction of $-0.215 by -160.35%