NYSE:LN - Line Stock Price, Forecast & News

Line trades on the New York Stock Exchange (NYSE) under the ticker symbol "LN."

Line is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Line.

4 equities research analysts have issued 1 year target prices for Line's stock. Their forecasts range from $3,500.00 to $3,500.00. On average, they anticipate Line's share price to reach $3,500.00 in the next twelve months. This suggests a possible upside of 7,165.9% from the stock's current price. View Analyst Price Targets for Line.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Line in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Line.

News articles about LN stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Line earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Line.

Some companies that are related to Line include Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Zoom Video Communications (ZM), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), InterXion (INXN), Stars Group (TSG) and Wix.Com (WIX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Line investors own include Alibaba Group (BABA), First Solar (FSLR), Netflix (NFLX), Twilio (TWLO), Broadcom (AVGO), Gilead Sciences (GILD), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU) and Prospect Capital (PSEC).

(LN) raised $928 million in an IPO on Thursday, July 14th 2016. The company issued 35,000,000 shares at $25.00-$28.00 per share. Morgan Stanley, Nomura, Goldman Sachs Japan and J.P. Morgan served as the underwriters for the IPO and Morgan Stanley, Goldman Sachs, J.P. Morgan and Nomura were co-managers.

Line's stock is owned by a number of of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (0.13%), Renaissance Technologies LLC (0.07%), Tremblant Capital Group (0.05%), Henry James International Management Inc. (0.05%), Envestnet Asset Management Inc. (0.04%) and Goldman Sachs Group Inc. (0.03%).

LN stock was sold by a variety of institutional investors in the last quarter, including Tremblant Capital Group, Coronation Fund Managers Ltd., ARK Investment Management LLC, Renaissance Technologies LLC, Henry James International Management Inc., Envestnet Asset Management Inc., State Street Corp and Lenox Wealth Management Inc..

LN stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Sculptor Capital LP, FMR LLC, Atria Investments LLC, OneAscent Financial Services LLC, Capital Asset Advisory Services LLC, Jane Street Group LLC and CSat Investment Advisory L.P..

Shares of LN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LN stock can currently be purchased for approximately $48.17.

Line has a market capitalization of $11.60 billion and generates $2.12 billion in revenue each year. The technology company earns $-431,370,000.00 in net income (profit) each year or ($1.82) on an earnings per share basis. Line employs 3,085 workers across the globe.View Additional Information About Line.

The official website for Line is http://www.linecorp.com/.

Line's mailing address is JR SHINJUKU MIRAINA TOWER 23RD FLOOR 4-1-6 SHINJUKU, TOKYO M0, 160-0022. The technology company can be reached via phone at 813-4316-2050 or via email at [email protected]