Should You Buy La-Z-Boy Inc (LZB) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
36.770
1 Day change
-0.97%
52 Week Range
48.300
Analysis Updated At
2026/01/30
LZB is not a good buy right now. Price is sitting on key support (~36.8) with bearish momentum (MACD trending worse) and the short-term odds skew negative over the next week/month. With no Intellectia buy signals today and mixed options sentiment, the risk/reward for an impatient entry is unattractive at current levels.
Technical Analysis
Trend/Momentum: Bearish-to-neutral. MACD histogram is -0.267 and negatively expanding, signaling downside momentum is strengthening. RSI(6) is ~29.6, which is oversold/near-oversold and can support a bounce, but it’s not confirming a trend reversal.
Levels: Current price 36.77 is essentially at S1 (36.8) and well below the pivot (38.194). Immediate downside is S2 ~35.939; upside resistance is pivot 38.194 then R1 39.589.
Structure: Converging moving averages suggests consolidation rather than a clean uptrend.
Intellectia Proprietary Trading Signals: **Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Pattern-based forward look: Similar-pattern stats imply ~-3.14% next week and ~-3.44% next month, which argues against chasing an entry now.
Options Data
Bullish
Open Interest Put-Call Ratio
Bearish
Option Volume Put-Call Ratio
Positioning vs flow: Open interest put/call at 0.28 is bullish (more calls positioned), but today’s volume put/call at 1.9 is bearish (more puts trading), suggesting near-term hedging or downside speculation.
Volatility: 30D IV ~36.38 vs historical vol ~24.66 implies elevated option pricing; IV percentile ~37.6 and IV rank ~11.5 indicate IV isn’t extreme versus the past year, but still above realized volatility.
Activity: Volume is far above the 30-day average (today vs avg ~1819%), indicating heightened attention, but the put-heavy flow makes it a sentiment headwind near-term.
Technical Summary
Sell
11
Buy
4
Positive Catalysts
Technical setup: Price is pressing key support (~36.
with oversold RSI, which can fuel a short snap-back rally if buyers defend support.
on 2026-02-17 after hours; a beat/strong guide could re-rate the stock.
Neutral/Negative Catalysts
Options flow: Put volume dominating (put/call volume 1.
reads as cautious-to-bearish near-term sentiment.
Financial Performance
Latest quarter (2026/Q2): Revenue $522.48M (+0.28% YoY) shows essentially flat top-line growth. Profitability softened: Net income $28.86M (-3.93% YoY) and EPS $0.70 (-1.41% YoY). Gross margin 44.24% slipped slightly (-0.07% YoY). Overall: stable revenue but mild earnings/margin deterioration—fundamentals are not accelerating into the next earnings event.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent change: On 2025-11-19, Sidoti upgraded LZB to Buy from Neutral and raised the price target to $39 (from $36).
Wall Street-style pros: upgrade/raised PT can attract incremental buyers; target is above current price.
Cons: only one highlighted rating change here and the implied upside is not large; fundamentals show modest YoY earnings pressure and the chart is still leaning bearish.
Other flows: Hedge funds and insiders are neutral (no notable recent trend). Politicians/congress: no recent congress trading data available.
Wall Street analysts forecast LZB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LZB is 42.5 USD with a low forecast of 39 USD and a high forecast of 46 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast LZB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LZB is 42.5 USD with a low forecast of 39 USD and a high forecast of 46 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 37.130
Low
39
Averages
42.5
High
46
Current: 37.130
Low
39
Averages
42.5
High
46
Sidoti
Sidoti
Neutral -> Buy
upgrade
$36 -> $39
AI Analysis
2025-11-19
Reason
Sidoti
Sidoti
Price Target
$36 -> $39
AI Analysis
2025-11-19
upgrade
Neutral -> Buy
Reason
Sidoti upgraded La-Z-Boy to Buy from Neutral with a price target of $39, up from $36.
KeyBanc
Bradley Thomas
Sector Weight -> Overweight
upgrade
$46
2025-04-25
Reason
KeyBanc
Bradley Thomas
Price Target
$46
2025-04-25
upgrade
Sector Weight -> Overweight
Reason
KeyBanc analyst Bradley Thomas upgraded La-Z-Boy to Overweight from Sector Weight with a $46 price target. The firm sees a buying opportunity for \"patient investors\" into this \"high-quality businesses\" following the recent share pullback. La-Z-Boy offers \"significant upside potential\" over a two- to three-year time horizon, and investors should add positions, the analyst tells investors in a research note. KeyBanc believes the company is well positioned to navigate the near-term headwinds from recently enacted tariffs. It thinks La-Z-Boy will benefit from tax policy changes, and eventually a recovery in housing and home-related spending.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LZB