Litchfield Hills Research Predicts LiveOne Q2 Earnings

LiveOne, Inc. (NASDAQ:LVO) – Equities research analysts at Litchfield Hills Research decreased their Q2 2027 earnings estimates for LiveOne in a research note issued on Wednesday, August 12th. Litchfield Hills Research analyst B. Sine now forecasts that the company will post earnings per share of ($0.34) for the quarter, down from their previous estimate 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) last announced its quarterly earnings data 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 firm had revenue of $18.92 million for the quarter, compared to analysts’ expectations of $19.76 million.

A number of other research analysts have also recently issued reports on the company. UBS Group set a $8.00 price objective on LiveOne in a research note on Wednesday, August 12th. Wall Street Zen lowered LiveOne from a “hold” rating to a “sell” rating in a research note on Sunday, August 9th. Weiss Ratings restated a “sell (d-)” rating on shares of LiveOne in a report on Tuesday, June 9th. Finally, Alliance Global Partners restated a “buy” rating on shares of LiveOne in a report on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.00.

LiveOne Stock Down 5.3%

Shares of NASDAQ:LVO opened at $3.93 on Monday. The stock has a market cap of $54.16 million, a PE ratio of -2.25 and a beta of 1.66. The company’s fifty day moving average is $5.25 and its 200 day moving average is $5.28. LiveOne has a 52 week low of $3.60 and a 52 week high of $7.19.

Hedge Funds Weigh In On LiveOne

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new stake in LiveOne in the second quarter worth $247,000. No Street GP LP purchased a new position in LiveOne during the 3rd quarter valued at $1,239,000. Marshall Wace LLP purchased a new position in LiveOne during the 2nd quarter valued at $174,000. Acadian Asset Management LLC raised its holdings in LiveOne by 2,891.7% in the 1st quarter. Acadian Asset Management LLC now owns 147,490 shares of the company’s stock worth $101,000 after purchasing an additional 142,560 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in LiveOne in the 2nd quarter worth $87,000. Institutional investors own 21.25% of the company’s stock.

About LiveOne

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.