Lovesac (NASDAQ:LOVE) Issues FY 2026 Earnings Guidance

Lovesac (NASDAQ:LOVE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.800-1.360 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of $700.0 million-$750.0 million, compared to the consensus revenue estimate of $713.1 million. Lovesac also updated its FY26 guidance to $0.80-$1.36 EPS.

Analysts Set New Price Targets

LOVE has been the topic of a number of recent analyst reports. Roth Mkm boosted their target price on Lovesac from $22.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday. Canaccord Genuity Group decreased their price objective on shares of Lovesac from $45.00 to $30.00 and set a “buy” rating for the company in a research note on Friday. Oppenheimer reissued an “outperform” rating and issued a $35.00 price objective on shares of Lovesac in a research note on Friday. Finally, DA Davidson dropped their price objective on shares of Lovesac from $35.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $31.67.

Lovesac Stock Performance

NASDAQ:LOVE opened at $18.34 on Friday. The stock’s 50 day moving average price is $18.93 and its 200 day moving average price is $25.35. Lovesac has a 52 week low of $12.12 and a 52 week high of $39.49. The company has a market capitalization of $283.04 million, a P/E ratio of 53.94, a P/E/G ratio of 0.65 and a beta of 3.08.

Lovesac (NASDAQ:LOVE) last posted its earnings results on Thursday, April 10th. The company reported $2.13 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.33. Lovesac had a return on equity of 3.51% and a net margin of 1.04%. The company had revenue of $241.50 million for the quarter, compared to analyst estimates of $230.33 million. During the same period last year, the company earned $1.87 earnings per share. The business’s revenue was down 3.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Lovesac will post 0.39 earnings per share for the current fiscal year.

Insider Activity at Lovesac

In related news, Director Albert Jack Krause sold 30,000 shares of the business’s 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 transaction, the director now directly owns 147,849 shares in the company, valued at $3,892,864.17. The trade was a 16.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 12.33% of the stock is currently owned by company insiders.

Lovesac Company Profile

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.