Lumida
/BOBS
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BOBS

BOBS

BOBS
$16.43USD-0.67%-0.11 today

MARKET CAP

2.1B

P/E (TTM)

FWD P/E

DAY RANGE

$16 – $17

52W RANGE

$10
$23

AI Summary

Stalk
Sell NowMedium

BOBS has decisively broken below the key horizontal support zone near $16.83, confirming loss of near-term bid and signaling accelerating downside momentum. The medium-term structure is now bearish, and short-term timing favors selling into failed retests of this broken support. We will look to sell on rallies back toward the $16.80–17.00 area, seeking rejection at the former support. A sustained reclaim above that zone would invalidate the bearish posture.

  • Q2 revenue +8.8% YoY to $619.6M, showcasing profitable value offering
  • Plans to expand showrooms to 500 by 2035, opened four new stores in Q2
  • Forward P/E at 15x exceeds industry 12x, implying 25% overvaluation
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