Brokers Set Expectations for LiveOne Q2 Earnings

Key Points

• Litchfield Hills Research lowered its Q2 2027 EPS forecast for LiveOne to a loss of $0.34 per share from a previous estimate of $0.17, with full-year 2027 losses projected at $1.30 per share.
• LiveOne’s latest quarterly results fell short of expectations, reporting a $0.65-per-share loss versus the consensus loss of $0.31 and revenue of $18.92 million compared with estimates of $19.76 million.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an $11 price target; the stock opened at $4.15 and remains well below its 12-month high of $7.19.

LiveOne, Inc. (NASDAQ:LVO - Free Report) - Litchfield Hills Research cut their Q2 2027 earnings per share estimates for shares of LiveOne in a report issued on Wednesday, August 12th. Litchfield Hills Research analyst B. Sine now anticipates that the company will post earnings per share of ($0.34) for the quarter, down from their previous forecast of ($0.17). The consensus estimate for LiveOne's current full-year earnings is ($1.16) per share. Litchfield Hills Research also issued estimates for LiveOne's Q3 2027 earnings at ($0.33) EPS, Q4 2027 earnings at ($0.31) EPS, FY2027 earnings at ($1.30) EPS, Q1 2028 earnings at ($0.13) EPS, Q2 2028 earnings at ($0.13) EPS, Q3 2028 earnings at ($0.11) EPS and FY2028 earnings at ($0.45) EPS.

LiveOne (NASDAQ:LVO - Get Free Report) last issued its earnings results on Wednesday, June 24th. The company reported ($0.65) earnings per share for the quarter, missing analysts' consensus estimates of ($0.31) by ($0.34). The business had revenue of $18.92 million during the quarter, compared to analyst estimates of $19.76 million.

Other analysts also recently issued reports about the company. UBS Group set a $8.00 price objective on LiveOne in a report on Wednesday. Alliance Global Partners reiterated a "buy" rating on shares of LiveOne in a report on Tuesday, July 7th. Wall Street Zen downgraded shares of LiveOne from a "hold" rating to a "sell" rating in a research report on Sunday, August 9th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of LiveOne in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $11.00.

LiveOne Stock Performance

LVO opened at $4.15 on Monday. The company has a market capitalization of $57.19 million, a price-to-earnings ratio of -2.37 and a beta of 1.66. LiveOne has a 12-month low of $3.60 and a 12-month high of $7.19. The business's fifty day simple moving average is $5.30 and its 200-day simple moving average is $5.28.

Hedge Funds Weigh In On LiveOne

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. bought a new position in LiveOne in the first quarter worth about $110,000. State Street Corp boosted its holdings in shares of LiveOne by 28.2% in the 4th quarter. State Street Corp now owns 33,626 shares of the company's stock valued at $159,000 after buying an additional 7,399 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of LiveOne by 35.4% in the 4th quarter. Bank of America Corp DE now owns 59,595 shares of the company's stock valued at $88,000 after buying an additional 15,574 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of LiveOne by 3.7% in the 4th quarter. Renaissance Technologies LLC now owns 64,408 shares of the company's stock worth $304,000 after buying an additional 2,300 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of LiveOne in the 4th quarter worth approximately $386,000. Hedge funds and other institutional investors own 21.25% of the company's stock.

LiveOne Company Profile

LiveOne, Inc NASDAQ: LVO is a digital media and entertainment company specializing in live and on-demand music, podcasts and original content. The company provides streaming access to live concerts, festival performances and exclusive artist-driven programming through its digital platform and mobile applications. Its service offerings include ad-supported free tiers as well as premium subscription packages that deliver high-quality audio and video experiences for music fans worldwide.

The LiveOne platform aggregates a diverse range of content, including live concert streams, curated on-demand playlists, artist interviews and behind-the-scenes footage.

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