Lovesac (NASDAQ:LOVE) Releases Q1 2027 Earnings Guidance

Lovesac (NASDAQ:LOVE) updated its first quarter 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -1.22–0.950 for the period, compared to the consensus estimate of -0.810. The company issued revenue guidance of $133.0 million-$139.0 million, compared to the consensus revenue estimate of $143.5 million. Lovesac also updated its FY 2027 guidance to 0.340-0.950 EPS.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Canaccord Genuity Group reduced their price objective on Lovesac from $30.00 to $24.00 and set a “buy” rating for the company in a research report on Friday, December 12th. Wall Street Zen raised Lovesac from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a research report on Friday, March 27th. Maxim Group set a $26.00 price target on Lovesac in a report on Friday, December 12th. Finally, DA Davidson cut their price objective on shares of Lovesac from $24.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Five research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $26.20.

Lovesac Price Performance

NASDAQ LOVE opened at $15.69 on Friday. Lovesac has a 12 month low of $10.33 and a 12 month high of $21.90. The firm has a market capitalization of $229.39 million, a PE ratio of 54.11, a P/E/G ratio of 0.68 and a beta of 2.21. The company’s 50 day simple moving average is $12.85 and its 200 day simple moving average is $13.98.

Lovesac (NASDAQ:LOVE) last released its earnings results on Thursday, March 26th. The company reported $2.19 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.19. The firm had revenue of $248.05 million during the quarter, compared to the consensus estimate of $242.77 million. Lovesac had a return on equity of 2.02% and a net margin of 0.58%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.13 earnings per share. Sell-side analysts anticipate that Lovesac will post 0.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Invesco Ltd. raised its position in Lovesac by 32.3% in the fourth quarter. Invesco Ltd. now owns 73,880 shares of the company’s stock worth $1,090,000 after acquiring an additional 18,027 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Lovesac by 139.4% during the 4th quarter. Corient Private Wealth LLC now owns 278,863 shares of the company’s stock valued at $4,113,000 after purchasing an additional 162,356 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Lovesac by 10.8% in the 4th quarter. Empowered Funds LLC now owns 76,547 shares of the company’s stock worth $1,129,000 after purchasing an additional 7,483 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Lovesac in the 4th quarter worth approximately $149,000. Finally, Millennium Management LLC raised its holdings in shares of Lovesac by 378.9% in the 4th quarter. Millennium Management LLC now owns 327,477 shares of the company’s stock worth $4,830,000 after purchasing an additional 259,097 shares in the last quarter. Institutional investors own 91.32% of the company’s stock.

Lovesac Company Profile

Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.

In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.