What is Roth Capital's Forecast for LiveOne FY2028 Earnings?

Key Points

• Roth Capital projects that LiveOne will earn ($0.07) per share for FY2028, while the current consensus estimate is ($0.10) per share.
• LiveOne shares recently dropped 8.6%, with the stock opening at $0.53 and a market cap of approximately $60.59 million.
• Institutional investors have shown increased interest in LiveOne, with several firms boosting their holdings in recent quarters, reflecting a growing confidence in the company.

LiveOne, Inc. (NASDAQ:LVO - Free Report) - Equities researchers at Roth Capital issued their FY2028 EPS estimates for shares of LiveOne in a research report issued on Monday, September 15th. Roth Capital analyst S. Mcgowan anticipates that the company will earn ($0.07) per share for the year. Roth Capital currently has a "Buy" rating and a $1.30 target price 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 research report on Sunday, July 13th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, LiveOne presently has a consensus rating of "Buy" and a consensus target price of $1.40.

LiveOne Stock Down 8.6%

Shares of NASDAQ:LVO opened at $0.53 on Tuesday. The company's fifty day moving average is $0.63 and its 200 day moving average is $0.71. LiveOne has a 52 week low of $0.43 and a 52 week high of $1.60. The stock has a market cap of $60.59 million, a PE ratio of -2.63 and a beta of 1.78.

LiveOne (NASDAQ:LVO - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The business had revenue of $19.21 million during the quarter, compared to analysts' expectations of $24.30 million.

Hedge Funds Weigh In On LiveOne

Institutional investors have recently bought and sold shares of the business. Northern Trust Corp lifted its holdings in LiveOne by 4.6% during the 4th quarter. Northern Trust Corp now owns 637,675 shares of the company's stock valued at $937,000 after buying an additional 27,890 shares in the last quarter. XTX Topco Ltd boosted its holdings in shares of LiveOne by 63.3% in the 1st quarter. XTX Topco Ltd now owns 98,207 shares of the company's stock valued at $69,000 after acquiring an additional 38,056 shares during the last quarter. Nuveen LLC purchased a new stake in shares of LiveOne in the 1st quarter valued at $63,000. Price T Rowe Associates Inc. MD lifted its stake in shares of LiveOne by 63.0% in the 4th 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 during the period. Finally, Pingora Partners LLC lifted its stake in shares of LiveOne by 175.5% in the 1st quarter. Pingora Partners LLC now owns 176,425 shares of the company's stock valued at $123,000 after purchasing an additional 112,385 shares during the period. Institutional investors own 21.25% of the company's stock.

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.

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