The Lovesac Company (LOVE)
NASDAQ: LOVE · IEX Real-Time Price · USD
28.13
+0.05 (0.18%)
At close: Jul 19, 2024, 4:00 PM
27.83
-0.30 (-1.07%)
Pre-market: Jul 22, 2024, 7:16 AM EDT
The Lovesac Company Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for The Lovesac Company stock have an average target of 33.25, with a low estimate of 30 and a high estimate of 36. The average target predicts an increase of 18.20% from the current stock price of 28.13.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LOVE stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $30 | Strong Buy | Maintains | $30 | +6.65% | Jul 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $30 | Strong Buy | Maintains | $30 | +6.65% | Jun 14, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $24 → $32 | Strong Buy | Maintains | $24 → $32 | +13.76% | Jun 14, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $36 | Strong Buy | Maintains | $36 | +27.98% | Jun 14, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +6.65% | Jun 11, 2024 |
Financial Forecast
Revenue This Year
728.82M
from 700.27M
Increased by 4.08%
Revenue Next Year
798.16M
from 728.82M
Increased by 9.51%
EPS This Year
1.25
from 1.45
Decreased by -13.59%
EPS Next Year
1.92
from 1.25
Increased by 53.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 771.9M | 894.7M | 968.4M | 1.1B | 1.2B |
| Avg | 728.8M | 798.2M | 877.0M | 977.9M | 1.0B |
| Low | 686.0M | 732.2M | 765.7M | 801.0M | 838.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.2% | 22.8% | 21.3% | 29.9% | 27.0% |
| Avg | 4.1% | 9.5% | 9.9% | 11.5% | 6.3% |
| Low | -2.0% | 0.5% | -4.1% | -8.7% | -14.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.42 | 2.90 | 4.39 |
| Avg | 1.25 | 1.92 | 4.26 |
| Low | 1.04 | 1.33 | 4.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.2% | 131.3% | 128.1% |
| Avg | -13.6% | 53.6% | 121.6% |
| Low | -28.4% | 6.4% | 112.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.