Tom Forte, an analyst from Maxim Group, maintained the Buy rating on The Lovesac Company (LOVE – Research Report). The associated price target is $38.00.
Tom Forte has given his Buy rating due to a combination of factors that highlight The Lovesac Company’s strong performance and strategic initiatives. The company reported better-than-expected results for the fourth quarter of fiscal year 2025, surpassing both top- and bottom-line expectations. This performance was characterized by a robust finish to a challenging year, with management demonstrating effective navigation of the evolving tariff landscape and supply chain resilience.
Furthermore, Lovesac’s strategic steps, including the appointment of a new Chief Marketing Officer and the introduction of formal guidance for fiscal year 2026, align with consensus expectations. The company’s disciplined promotional strategy and effective execution on new product demonstrations have also contributed to its positive outlook. With an attractive valuation at current levels and a forward-looking approach, Tom Forte maintains a Buy rating and a 12-month price target of $38, reflecting confidence in the company’s future growth potential.
In another report released yesterday, D.A. Davidson also maintained a Buy rating on the stock with a $24.00 price target.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LOVE in relation to earlier this year.