Lovesac Company (LOVE) Stock Forecast, Price Target & Predictions
LOVE Stock Forecast
Lovesac Company stock forecast is as follows: an average price target of $33.40 (represents a 27.77% upside from LOVE’s last price of $26.14) 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 $33.40 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $30.00. This represents a potential 27.77% upside from LOVE's last price of $26.14.
LOVE Analyst Ratings
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 |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Matt Koranda | Roth Capital | $31.00 | $25.39 | 22.10% | 18.59% |
| Sep 13, 2024 | Tom Forte | Maxim Group | $38.00 | $25.50 | 49.02% | 45.37% |
| Jun 14, 2024 | Thomas Forte | D.A. Davidson | $32.00 | $26.26 | 21.86% | 22.42% |
| Jun 13, 2024 | Matt Koranda | Roth Capital | $30.00 | $25.98 | 15.47% | 14.77% |
| Apr 17, 2024 | Tom Forte | Maxim Group | $36.00 | $19.35 | 86.05% | 37.72% |
| Apr 12, 2024 | Alex Fuhrman | Craig-Hallum | $30.00 | $19.07 | 57.32% | 14.77% |
| Apr 12, 2024 | Maria Ripps | Canaccord Genuity | $36.00 | $20.73 | 73.66% | 37.72% |
The latest Lovesac Company stock forecast, released on Sep 13, 2024 by Matt Koranda from Roth Capital, set a price target of $31.00, which represents a 22.10% increase from the stock price at the time of the forecast ($25.39), and a 18.59% increase from LOVE last price ($26.14).
Lovesac Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 7 |
| Avg Price Target | $34.50 | $34.50 | $33.29 |
| Last Closing Price | $26.14 | $26.14 | $26.14 |
| Upside/Downside | 31.98% | 31.98% | 27.35% |
In the current month, the average price target of Lovesac Company stock is $34.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 31.98% increase as opposed to Lovesac Company's last price of $26.14. This month's average price target is down 0.00% compared to last quarter, and up 3.63% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 13, 2024 | Roth Capital | Buy | Buy | Hold |
| Sep 13, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Sep 12, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 12, 2024 | Canaccord Genuity | Buy | Buy | 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 | Roth Capital | Buy | Buy | Hold |
| Jun 11, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Apr 17, 2024 | Maxim Group | - | Buy | Initialise |
Lovesac Company's last stock rating was published by Roth Capital on Sep 13, 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 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $129.38M | $196.20M | $116.68M | - | $82.92M | $129.68M | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $286.32M | $165.65M | $165.53M | $141.50M | $268.53M | $155.26M | $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 | $296.92M | $171.78M | $171.65M | $146.73M | $270.48M | $161.00M | $160.81M | $132.82M | $275.16M | $154.13M | $155.03M | $138.68M | $225.65M | $139.43M | $130.96M | $116.52M | $174.40M | $112.23M | $91.01M | $75.10M | $116.18M | $66.18M | $52.37M | $47.22M | $90.68M | $54.31M | $47.80M | $40.01M | $55.98M | $36.71M |
| Low Forecast | $280.99M | $162.56M | $162.44M | $138.86M | $266.57M | $152.36M | $152.18M | $125.69M | $260.40M | $153.46M | $150.08M | $131.24M | $213.54M | $131.95M | $127.53M | $113.83M | $174.27M | $112.14M | $90.94M | $75.04M | $116.09M | $66.12M | $52.33M | $47.18M | $90.61M | $54.27M | $47.77M | $39.98M | $55.94M | $24.47M |
| # Analysts | 3 | 2 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 16 | 9 | 12 | 9 | 9 | 13 | 8 | 8 | 13 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.13% | 1.04% | - | 1.10% | 1.12% | - | - | - | - | - | - | - | - | - |
Lovesac Company's average Quarter revenue forecast for Aug 22 based on 3 analysts is $130.09M, with a low forecast of $127.53M, and a high forecast of $130.96M. 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 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 16 | 9 | 12 | 9 | 9 | 13 | 8 | 8 | 13 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.31M | $26.32M | $4.70M | - | $4.59M | $23.25M | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $14.42M | $8.34M | $8.33M | $7.13M | $13.52M | $7.82M | $7.81M | $57.98M | $13.36M | $7.74M | $7.64M | $52.71M | $10.96M | $59.81M | $6.55M | $5.79M | $10.21M | $63.97M | $9.27M | $2.51M | $3.71M | $776.74K | $-7.59M | $6.10M | $-4.98M | $-4.93M | $-6.26M | $7.10M | $-1.76M | $-5.58M |
| High Forecast | $14.95M | $8.65M | $8.64M | $7.39M | $13.62M | $8.11M | $8.10M | $69.57M | $13.86M | $7.76M | $7.81M | $63.25M | $11.36M | $71.77M | $6.59M | $5.87M | $12.25M | $76.76M | $11.13M | $2.51M | $4.45M | $932.09K | $-6.07M | $7.33M | $-3.99M | $-3.94M | $-5.01M | $8.52M | $-1.41M | $-4.46M |
| Low Forecast | $14.15M | $8.19M | $8.18M | $6.99M | $13.42M | $7.67M | $7.66M | $46.38M | $13.11M | $7.73M | $7.56M | $42.17M | $10.75M | $47.85M | $6.42M | $5.73M | $8.17M | $51.18M | $7.42M | $2.51M | $2.97M | $621.39K | $-9.10M | $4.88M | $-5.98M | $-5.91M | $-7.51M | $5.68M | $-2.11M | $-6.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 2.58% | 0.07% | - | 1.83% | 6.27% | - | - | - | - | - | - | - | - | - |
3 analysts predict LOVE's average Quarter EBITDA for Aug 22 to be $6.55M, with a high of $6.59M and a low of $6.42M. 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 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 16 | 9 | 12 | 9 | 9 | 13 | 8 | 8 | 13 | 18 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.90M | $32.64M | $2.75M | - | $2.06M | $21.70M | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $44.39M | $-3.16M | $-4.95M | $-11.89M | $39.42M | $-5.43M | $-6.83M | $71.91M | $30.01M | $-4.15M | $-1.64M | $65.38M | $26.89M | $47.82M | $6.06M | $-3.57M | $5.98M | $51.15M | $4.12M | $-9.00M | $4.87K | $-1.83M | $-9.47M | $4.76M | $-6.28M | $-6.58M | $-7.31M | $6.45M | $-3.11M | $-6.41M |
| High Forecast | $46.53M | $-3.08M | $-4.83M | $-11.60M | $41.25M | $4.34M | $-6.67M | $86.30M | $31.45M | $-3.88M | $-1.39M | $78.45M | $28.19M | $57.39M | $6.11M | $-3.52M | $7.18M | $61.38M | $4.95M | $-9.00M | $5.84K | $-1.46M | $-7.58M | $5.71M | $-5.02M | $-5.27M | $-5.85M | $7.74M | $-2.49M | $-5.13M |
| Low Forecast | $43.32M | $-3.31M | $-5.19M | $-12.46M | $37.41M | $-15.21M | $-7.16M | $57.53M | $29.28M | $-4.28M | $-2.14M | $52.30M | $26.24M | $38.26M | $5.90M | $-3.63M | $4.78M | $40.92M | $3.30M | $-9.01M | $3.89K | $-2.19M | $-11.36M | $3.81M | $-7.53M | $-7.90M | $-8.78M | $5.16M | $-3.74M | $-7.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.53% | 5.46% | 0.05% | - | -0.23% | 4459.29% | - | - | - | - | - | - | - | - | - |
Lovesac Company's average Quarter net income forecast for Aug 22 is $6.06M, with a range of $5.90M to $6.11M. LOVE's average Quarter net income forecast represents a 219.78% 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 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 16 | 9 | 12 | 9 | 9 | 13 | 8 | 8 | 13 | 18 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $60.80M | $83.31M | $53.92M | - | $41.40M | $51.78M | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $140.03M | $81.01M | $80.95M | $69.20M | $131.33M | $75.93M | $75.84M | $62.64M | $129.77M | $75.22M | $74.17M | $65.40M | $106.42M | $65.75M | $63.62M | $56.25M | $117.18M | $56.20M | $82.87M | $37.61M | $72.50M | $52.96M | $40.45M | $35.00M | $30.81M | $40.34M | $24.36M | $20.85M | $31.97M | $22.69M |
| High Forecast | $145.21M | $84.01M | $83.94M | $71.76M | $132.28M | $78.74M | $78.64M | $64.95M | $134.57M | $75.38M | $75.82M | $67.82M | $110.35M | $68.19M | $64.04M | $56.99M | $140.61M | $56.23M | $99.44M | $37.62M | $86.99M | $63.55M | $48.54M | $42.00M | $36.97M | $48.41M | $29.23M | $25.02M | $38.37M | $27.22M |
| Low Forecast | $137.42M | $79.50M | $79.44M | $67.91M | $130.37M | $74.51M | $74.42M | $61.47M | $127.35M | $75.05M | $73.40M | $64.18M | $104.43M | $64.53M | $62.37M | $55.67M | $93.74M | $56.18M | $66.29M | $37.59M | $58.00M | $42.36M | $32.36M | $28.00M | $24.65M | $32.27M | $19.49M | $16.68M | $25.58M | $18.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.71% | 0.96% | - | 1.10% | 0.71% | - | - | - | - | - | - | - | - | - |
Lovesac Company's average Quarter SG&A projection for Aug 22 is $63.62M, based on 3 Wall Street analysts, with a range of $62.37M to $64.04M. 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 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 16 | 9 | 12 | 9 | 9 | 13 | 8 | 8 | 13 | 18 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.13 | $2.15 | $0.18 | - | $0.14 | $1.44 | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $2.85 | $-0.20 | $-0.32 | $-0.76 | $2.53 | $-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 | $2.98 | $-0.20 | $-0.31 | $-0.74 | $2.65 | $0.28 | $-0.43 | $-0.94 | $2.02 | $-0.25 | $-0.09 | $-0.40 | $1.81 | $-0.74 | $0.39 | $-0.21 | $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 | $-0.18 |
| Low Forecast | $2.78 | $-0.21 | $-0.33 | $-0.80 | $2.40 | $-0.98 | $-0.46 | $-1.01 | $1.88 | $-0.27 | $-0.14 | $-0.43 | $1.68 | $-0.79 | $0.38 | $-0.22 | $0.54 | $-0.41 | $-0.08 | $-0.58 | $0.58 | $-0.88 | $-0.48 | $-0.71 | $0.36 | $-0.42 | $-0.51 | $-0.57 | $0.50 | $-0.28 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.60% | 4.00% | -0.44% | - | -0.24% | 2.47% | - | - | - | - | - | - | - | - | - |
According to 3 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 | $1.05 | $2.87 | 173.33% | Hold |
| LOVE | Lovesac Company | $26.14 | $33.40 | 27.77% | Buy |
| MBC | MasterBrand | $17.79 | $20.00 | 12.42% | Buy |
| COOK | Traeger | $3.58 | $4.00 | 11.73% | Buy |
| WHR | Whirlpool | $100.93 | $111.00 | 9.98% | Hold |
| MHK | Mohawk Industries | $156.61 | $161.64 | 3.21% | Hold |
| ETD | Ethan Allen Interiors | $32.14 | $33.00 | 2.68% | Hold |
| TPX | Tempur Sealy | $52.97 | $50.00 | -5.61% | Buy |
| SNBR | Sleep Number | $19.59 | $13.00 | -33.64% | 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 $33.4 with a range of $30 to $38, implying a 27.77% from its last price of $26.14. 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 27.77% (from the last price of $26.14 to the average price target of $33.4), up by 45.37% based on the highest stock price target, and up by 14.77% based on the lowest stock price target.
Can Lovesac Company stock reach $40?
LOVE's average twelve months analyst stock price target of $33.4 does not support the claim that Lovesac Company can reach $40 in the near future.
What is Lovesac Company's current price target trend?
2 Wall Street analysts forecast a $34.5 price target for Lovesac Company (LOVE) this month, up 31.98% from its last price of $26.14. Compared to the last 3 and 12 months, the average price target increased by 31.98% and increased by 27.35%, respectively.
Did the LOVE's actual financial results beat the analysts' financial forecasts?
Based on Lovesac Company's last annual report (Jan 2022), the company's revenue was $498.24M, beating the average analysts forecast of $452.56M by 10.09%. Apple's EBITDA was $46.3M, missing the average prediction of $85.96M by -46.14%. The company's net income was $45.9M, missing the average estimation of $52.25M by -12.15%. Apple's SG&A was $227.04M, missing the average forecast of $293.85M by -22.74%. Lastly, the company's EPS was $3.04, missing the average prediction of $-0.536 by -667.39%. 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 $5.79M by -8.39%. Lovesac Company's net income was $1.9M, missing the average estimation of $-3.567M by -153.12%. 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%