The Lovesac Company (NASDAQ:LOVE) Receives $22.67 Consensus Target Price from Analysts

The Lovesac Company (NASDAQ:LOVE) has earned an average recommendation of “Moderate Buy” from the five research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $22.00.

Several analysts recently weighed in on LOVE shares. Canaccord Genuity Group set a $20.00 target price on shares of Lovesac in a report on Thursday. DA Davidson raised their price objective on shares of Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Lovesac in a report on Wednesday, June 24th.

Lovesac Stock Performance

Shares of Lovesac stock opened at $14.26 on Tuesday. The firm has a market capitalization of $208.77 million, a price-to-earnings ratio of 54.85, a PEG ratio of 0.91 and a beta of 2.03. Lovesac has a fifty-two week low of $10.33 and a fifty-two week high of $19.25. The stock has a 50 day moving average of $16.87 and a 200 day moving average of $15.47.

Lovesac (NASDAQ:LOVE) last issued its quarterly earnings data on Thursday, September 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.87. The firm had revenue of $161.25 million during the quarter, compared to the consensus estimate of $161.55 million. Lovesac had a return on equity of 1.88% and a net margin of 0.55%.The company’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the company earned ($0.45) EPS. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. Analysts forecast that Lovesac will post 0.5 EPS for the current year.

Insider Activity

In related news, Director Andrew Heyer purchased 30,000 shares of Lovesac stock in a transaction on Thursday, June 18th. The shares were bought at an average price of $14.68 per share, with a total value of $440,400.00. Following the transaction, the director directly owned 293,259 shares of the company’s stock, valued at approximately $4,305,042.12. This trade represents a 11.40% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders acquired 33,550 shares of company stock valued at $490,146 in the last 90 days. 7.79% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new position in shares of Lovesac during the 2nd quarter worth about $25,000. BNP Paribas Financial Markets raised its holdings in Lovesac by 130.4% during the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after purchasing an additional 1,097 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of Lovesac by 333.5% during the 2nd quarter. California State Teachers Retirement System now owns 3,121 shares of the company’s stock worth $52,000 after buying an additional 2,401 shares during the last quarter. Ancora Advisors LLC purchased a new stake in shares of Lovesac during the 3rd quarter worth approximately $146,000. Finally, Engineers Gate Manager LP acquired a new position in shares of Lovesac in the 2nd quarter valued at $169,000. Institutional investors and hedge funds own 91.32% of the company’s stock.

Lovesac News Roundup

Here are the key news stories impacting Lovesac this week:

• Positive Sentiment: Lovesac reported fiscal Q2 net sales of approximately $161.2 million and adjusted earnings per share of $0.51, well above the consensus estimate for a loss of $0.36. Revenue was roughly flat year over year. Lovesac fiscal Q2 2027 results
• Positive Sentiment: The company maintained plans for multiple product launches in the second half of fiscal 2027 and raised or reaffirmed its full-year earnings outlook at $0.98 to $1.26 per share. Lovesac sales outlook report
• Neutral Sentiment: The earnings benefit appears to have been helped by a tariff refund, making the headline profit less representative of recurring operating performance. Lovesac also reported a very low net margin of 0.55%, underscoring limited profitability. Lovesac tariff refund analysis
• Negative Sentiment: Fiscal Q3 revenue guidance of $140 million to $150 million is below the $156.7 million analyst consensus, indicating continued weakness in furniture demand. Lovesac weak Q3 outlook
• Negative Sentiment: Full-year revenue guidance of $690 million to $710 million also trails the $716.8 million consensus estimate. Investors appear more concerned about slowing sales and the quality of earnings than the Q2 EPS beat, driving the negative reaction in LOVE. Why Lovesac stock is trading lower

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.