DA Davidson Reiterates Buy Rating on The Lovesac Co. (LOVE) Ahead of Q2 Earnings
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Rating Summary:
9 Buy, 0 Hold, 0 Sell
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Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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DA Davidson analyst Michael Baker reiterated a Buy rating and $24.00 price target on The Lovesac Co. (NASDAQ: LOVE).
The analyst commented, "Lovesac reports 2Q25 earnings before the market opens on Thursday. We are looking for a relatively in line quarter, with the key focus being an update on new product launches. But, beyond the quarter, we think guidance will be the big driver, with LOVE’s ability to reiterate their plan for a back half acceleration in sales and profit growth the key catalyst. Longer term, we think revenues are poised to accelerate over the next few years, supported by new product launches and leverage from past investments."
For an analyst ratings summary and ratings history on The Lovesac Co. click here. For more ratings news on The Lovesac Co. click here.
Shares of The Lovesac Co. closed at $19.46 yesterday.
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