The Lovesac Company (LOVE)
NASDAQ: LOVE · IEX Real-Time Price · USD
22.04
+0.12 (0.55%)
At close: Apr 23, 2024, 4:00 PM
22.11
+0.07 (0.32%)
Pre-market: Apr 24, 2024, 4:29 AM EDT

The Lovesac Company Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for The Lovesac Company stock have an average target of 34, with a low estimate of 30 and a high estimate of 36. The average target predicts an increase of 54.26% from the current stock price of 22.04.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $30 $34 $36 $36
Change +36.12% +54.26% +63.34% +63.34%

Analyst Ratings

The average analyst rating for LOVE stock from 3 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 444443
Buy 111110
Hold 000000
Sell 000000
Strong Sell 000000
Total 555553

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Initiates
$36
Strong Buy Initiates $36 +63.34% Apr 17, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$44$36
Strong Buy Maintains $44$36 +63.34% Apr 12, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$34$30
Strong Buy Maintains $34$30 +36.12% Apr 12, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$34
Strong Buy Maintains $34 +54.26% Apr 10, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$37
Strong Buy Reiterates $37 +67.88% Sep 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
786.93M
from 700.27M
Increased by 12.38%
Revenue Next Year
905.68M
from 786.93M
Increased by 15.09%
EPS This Year
2.18
from 1.45
Increased by 50.19%
EPS Next Year
3.18
from 2.18
Increased by 46.14%
Year 2019202020212022202320242025202620272028
Revenue
233.38M320.74M498.24M651.18M700.27M786.93M905.68M983.99M1.04B1.14B
Revenue Growth
40.69%37.43%55.34%30.70%7.54%12.38%15.09%8.65%6.00%9.68%
EPS
-1.070.962.961.661.452.183.184.005.477.04
EPS Growth
--208.33%-43.92%-12.65%50.19%46.14%25.64%36.73%28.73%
No. Analysts -----76333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 830.3M 947.4M 1.0B 1.1B 1.2B
Avg 786.9M 905.7M 984.0M 1.0B 1.1B
Low 718.3M 855.9M 914.0M 1.0B 1.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
18.6%
20.4%
15.6%
9.1%
12.8%
Avg
12.4%
15.1%
8.6%
6.0%
9.7%
Low
2.6%
8.8%
0.9%
1.8%
5.4%

EPS Forecast

EPS 20242025202620272028
High 2.53 3.64 4.12 5.63 7.25
Avg 2.18 3.18 4.00 5.47 7.04
Low 1.88 2.44 3.84 5.25 6.76

EPS Growth

EPS Growth 20242025202620272028
High
74.5%
67.3%
29.3%
40.8%
32.5%
Avg
50.2%
46.1%
25.6%
36.7%
28.7%
Low
29.8%
12.1%
20.7%
31.4%
23.7%
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.