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
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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 | 0 |
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 | 5 | 5 | 5 | 3 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.