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) - Stock analysts at Roth Capital issued their FY2028 earnings estimates for shares of LiveOne in a research note issued to investors 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.

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

Separately, Wall Street Zen downgraded 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, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $1.40.

LiveOne Price Performance

NASDAQ LVO traded down $0.01 during trading on Tuesday, reaching $0.51. 621,015 shares of the company's stock traded hands, compared to its average volume of 858,240. The firm has a market cap of $59.39 million, a price-to-earnings ratio of -2.57 and a beta of 1.78. The company's 50 day simple moving average is $0.61 and its two-hundred day simple moving average is $0.70. LiveOne has a 12-month low of $0.43 and a 12-month high of $1.60.

Institutional Trading of LiveOne

Institutional investors and hedge funds have recently bought and sold shares of the business. Catalyst Funds Management Pty Ltd acquired a new stake in LiveOne during the 2nd quarter valued at approximately $25,000. Apollon Wealth Management LLC acquired a new stake in LiveOne during the 2nd quarter valued at approximately $27,000. Bank of America Corp DE lifted its stake in LiveOne by 95.7% during the 2nd quarter. Bank of America Corp DE now owns 65,945 shares of the company's stock valued at $50,000 after acquiring an additional 32,248 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in LiveOne by 63.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 35,954 shares of the company's stock valued at $53,000 after acquiring an additional 13,900 shares during the period. Finally, Nuveen LLC acquired a new stake in LiveOne during the 1st quarter valued at approximately $63,000. 21.25% of the stock is currently owned by institutional investors and hedge funds.

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.