Lovesac - LOVE Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LOVE shares.
View LOVE analyst ratings or view top-rated stocks.

5 analysts have issued twelve-month price objectives for Lovesac's stock. Their LOVE share price forecasts range from $60.00 to $100.00. On average, they expect the company's stock price to reach $75.57 in the next year. This suggests a possible upside of 265.4% from the stock's current price.
View analysts price targets for LOVE or view top-rated stocks among Wall Street analysts.

Lovesac's stock was trading at $66.26 on January 1st, 2022. Since then, LOVE shares have decreased by 68.8% and is now trading at $20.68.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 14th 2022.
View our LOVE earnings forecast.

The Lovesac Company (NASDAQ:LOVE) released its quarterly earnings results on Thursday, September, 8th. The company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.08. The firm had revenue of $148.50 million for the quarter, compared to analysts' expectations of $130.51 million. Lovesac had a trailing twelve-month return on equity of 18.61% and a net margin of 7.52%. The company's revenue was up 45.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 earnings per share.

107 employees have rated Lovesac Chief Executive Officer Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lovesac investors own include Moderna (MRNA), Pfizer (PFE), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Overstock.com (OSTK), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Target (TGT) and AbbVie (ABBV).

(LOVE) raised $46 million in an initial public offering on Wednesday, June 27th 2018. The company issued 3,300,000 shares at a price of $13.00-$15.00 per share. Roth Capital Partners acted as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

Lovesac trades on the NASDAQ under the ticker symbol "LOVE."

Shares of LOVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LOVE stock can currently be purchased for approximately $20.68.

Lovesac (NASDAQ:LOVE) has a market capitalization of $313.92 million and generates $498.24 million in revenue each year. The company earns $45.90 million in net income (profit) each year or $2.77 on an earnings per share basis.

The company employs 1,185 workers across the globe.

Lovesac's mailing address is TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901. The official website for the company is www.lovesac.com. The company can be reached via phone at (207) 273-9733 or via email at investorrelations@lovesac.com.