Roth Capital Issues Negative Forecast for Lovesac Earnings

The Lovesac Company (NASDAQ:LOVE) – Stock analysts at Roth Capital reduced their Q1 2026 earnings estimates for Lovesac in a research note issued on Wednesday, April 9th. Roth Capital analyst M. Koranda now forecasts that the company will earn ($0.98) per share for the quarter, down from their previous estimate of ($0.83). The consensus estimate for Lovesac’s current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac’s Q2 2026 earnings at ($0.38) EPS, Q3 2026 earnings at ($0.26) EPS, Q4 2026 earnings at $1.65 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.81 EPS.

Lovesac (NASDAQ:LOVE) last released its earnings results on Thursday, April 10th. The company reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.33. The firm had revenue of $241.50 million during the quarter, compared to analysts’ expectations of $230.33 million. Lovesac had a return on equity of 3.51% and a net margin of 1.04%. The company’s quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.87 earnings per share.

Other equities analysts have also recently issued reports about the company. Oppenheimer restated an “outperform” rating and set a $35.00 price target on shares of Lovesac in a report on Friday, April 11th. Roth Mkm upped their price objective on shares of Lovesac from $22.00 to $28.00 and gave the company a “buy” rating in a report on Friday, April 11th. DA Davidson reduced their price objective on Lovesac from $35.00 to $24.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Finally, Canaccord Genuity Group dropped their price objective on shares of Lovesac from $45.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $31.67.

Lovesac Stock Up 1.5 %

LOVE opened at $19.49 on Monday. The company has a fifty day moving average of $18.77 and a 200-day moving average of $25.23. Lovesac has a twelve month low of $12.12 and a twelve month high of $39.49. The stock has a market cap of $300.79 million, a PE ratio of 57.32, a price-to-earnings-growth ratio of 0.65 and a beta of 3.08.

Hedge Funds Weigh In On Lovesac

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its stake in Lovesac by 1,165.7% in the first quarter. SG Americas Securities LLC now owns 304,586 shares of the company’s stock valued at $5,537,000 after acquiring an additional 280,522 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Lovesac by 12,234.3% during the first quarter. GAMMA Investing LLC now owns 12,581 shares of the company’s stock valued at $229,000 after acquiring an additional 12,479 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in Lovesac in the 4th quarter worth approximately $26,000. AWM Investment Company Inc. boosted its holdings in Lovesac by 33.2% in the fourth quarter. AWM Investment Company Inc. now owns 681,741 shares of the company’s stock valued at $16,130,000 after acquiring an additional 170,045 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in shares of Lovesac by 316.1% during the fourth quarter. Squarepoint Ops LLC now owns 116,829 shares of the company’s stock valued at $2,764,000 after buying an additional 88,753 shares during the period. 91.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lovesac

In other Lovesac news, Director Albert Jack Krause sold 30,000 shares of Lovesac stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $26.33, for a total transaction of $789,900.00. Following the completion of the transaction, the director now owns 147,849 shares of the company’s stock, valued at $3,892,864.17. The trade was a 16.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 12.33% of the stock is currently owned by company insiders.

About Lovesac

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions.