FY2028 Earnings Forecast for LiveOne Issued By Roth Capital

LiveOne, Inc. (NASDAQ:LVO) – Analysts at Roth Capital issued their FY2028 EPS estimates for LiveOne in a research note issued on Monday, September 15th. Roth Capital analyst S. Mcgowan expects that the company will post earnings per share of ($0.07) for the year. Roth Capital has a “Buy” rating and a $1.30 price objective on the stock. The consensus estimate for LiveOne’s current full-year earnings is ($0.10) per share.

Separately, Wall Street Zen cut shares of LiveOne from a “hold” rating to a “sell” rating in a report on Sunday, July 13th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $1.40.

LiveOne Trading Up 1.3%

NASDAQ:LVO opened at $0.53 on Tuesday. The stock has a market capitalization of $61.39 million, a price-to-earnings ratio of -2.66 and a beta of 1.78. The firm has a fifty day simple moving average of $0.62 and a two-hundred day simple moving average of $0.71. LiveOne has a 12 month low of $0.43 and a 12 month high of $1.60.

LiveOne (NASDAQ:LVO) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The company had revenue of $19.21 million during the quarter, compared to analyst estimates of $24.30 million.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Catalyst Funds Management Pty Ltd bought a new position in shares of LiveOne during the second quarter valued at about $25,000. Price T Rowe Associates Inc. MD lifted its position in shares of LiveOne by 63.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 35,954 shares of the company’s stock valued at $53,000 after purchasing an additional 13,900 shares in the last quarter. Apollon Wealth Management LLC bought a new position in shares of LiveOne during the second quarter valued at about $27,000. Bank of America Corp DE lifted its position in shares of LiveOne by 35.4% during the fourth quarter. Bank of America Corp DE now owns 59,595 shares of the company’s stock valued at $88,000 after purchasing an additional 15,574 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of LiveOne during the first quarter valued at about $63,000. 21.25% of the stock is owned by institutional investors.

LiveOne Company Profile

LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.