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.

3 equities research analysts have issued twelve-month price targets for Line's stock. Their forecasts range from $3,500.00 to $3,500.00. On average, they expect Line's share price to reach $3,500.00 in the next year. This suggests a possible upside of 7,016.7% from the stock's current price. View Analyst Price Targets for Line.

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

Media coverage about LN stock has trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. 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 1.1 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Line.

Line saw a decrease in short interest in February. As of February 14th, there was short interest totalling 271,600 shares, a decrease of 25.5% from the January 30th total of 364,800 shares. Based on an average daily volume of 159,800 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.5% of the company's shares are short sold. View Line's Current Options Chain.

Some companies that are related to Line include Baidu (BIDU), IHS Markit (INFO), Zoom Video Communications (ZM), Twitter (TWTR), 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 GDS (GDS).

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 initial public offering (IPO) on Thursday, July 14th 2016. The company issued 35,000,000 shares at a price of $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 variety of of retail and institutional 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 $49.18.

Line has a market capitalization of $11.85 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]