Not a good buy right now for an impatient trader: price ($38.60) is pressing into near-term resistance (R1 ~$38.70) with limited upside vs the most recent stated analyst target ($39).
With earnings scheduled for 2026-02-17 (after hours), the next major move is likely event-driven; current setup is more “wait for confirmation” than “must-buy now.”
Options pricing implies elevated expectations (very high IV percentile), which can cap near-term risk/reward for chasing shares at this level.
Net: HOLD / do not initiate a fresh buy at $38.6 today; a better buy would be on a clean break above ~$39.5 (R2) or a pullback closer to ~$37.5 support.
Technical Analysis
Trend/Momentum: MACD histogram is slightly negative (-0.0245) but negatively contracting, suggesting downside momentum is fading rather than accelerating.
RSI(6) ~60.2: mildly bullish/neutral (not overbought), consistent with consolidation-to-slight-up bias.
Moving averages: converging MAs point to a range-bound market and a “wait for breakout” condition.
Key levels: Pivot $37.45 (near-term support reference), Resistance R1 $38.70 (price is just below), next Resistance R2 $39.47; Supports S1 $36.20 and S2 $35.43.
Price action vs market: LZB -0.23% while S&P 500 -1.45% today = relative strength, but still not enough to confirm a breakout.
Positioning/Sentiment: Put-call ratios (OI 0.9 and volume 0.28) skew bullish-to-neutral (more call interest/volume than puts).
Volatility: 30D IV ~61.5 with IV percentile ~95.6 = options are pricing an unusually large move (often seen into earnings).
Takeaway: sentiment leans bullish, but the very elevated IV suggests the market already expects a sizable move soon—shares bought here have less “easy upside” unless earnings delivers a clear beat/raise.
Technical Summary
Sell
2
Buy
10
Positive Catalysts
Earnings catalyst: fiscal 2026 Q3 results on 2026-02-17 after hours with investor call on 2026-02-18 could re-rate the stock if guidance improves.
Business footprint: large North America-focused manufacturing base (noted ~90% produced in North America) can support supply stability and branding.
Relative strength on a down market day suggests underlying demand for the name near current levels.
Neutral/Negative Catalysts
and below the next key breakout zone near ~$39.5 (R2).
Gross margin: 44.24%, down ~0.07 YoY (slightly weaker).
Bottom line: stable sales but mildly deteriorating profitability—needs a growth/margin re-acceleration to justify a decisive breakout.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Most recent datapoint: 2025-11-19 Sidoti upgraded LZB to Buy (from Neutral) and raised PT to $39 (from $36).
Trend/implication: positive directional change (upgrade + higher target), but the target is now very close to the current price (~$38.6), implying limited near-term upside based on that estimate.
Wall Street-style pros: upgrade suggests improving confidence and valuation support near current levels.
Wall Street-style cons: close-to-price target and modest fundamentals reduce the “clear mispricing” case unless upcoming earnings/guidance is strong.
Ownership flow check: Hedge funds neutral; insiders neutral; 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: 38.510
Low
39
Averages
42.5
High
46
Current: 38.510
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.
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