Litchfield Hills Research Weighs in on LiveOne Q1 Earnings

LiveOne, Inc. (NASDAQ:LVO) – Research analysts at Litchfield Hills Research issued their Q1 2028 earnings per share (EPS) estimates for LiveOne in a report released on Wednesday, June 24th. Litchfield Hills Research analyst B. Sine expects that the company will post earnings of ($0.14) per share for the quarter. The consensus estimate for LiveOne’s current full-year earnings is ($0.90) per share. Litchfield Hills Research also issued estimates for LiveOne’s Q2 2028 earnings at ($0.14) EPS, Q3 2028 earnings at ($0.07) EPS and Q4 2028 earnings at ($0.09) EPS.

LiveOne (NASDAQ:LVO) last posted its earnings results on Wednesday, June 24th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.34). The business had revenue of $18.92 million during the quarter, compared to the consensus estimate of $19.76 million.

A number of other equities research analysts have also recently commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of LiveOne in a research note on Tuesday, June 9th. Wall Street Zen upgraded shares of LiveOne from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.50.

LiveOne Stock Up 2.4%

NASDAQ:LVO opened at $5.47 on Friday. LiveOne has a 52-week low of $3.70 and a 52-week high of $9.20. The stock has a fifty day simple moving average of $5.83 and a 200-day simple moving average of $5.16. The company has a market capitalization of $73.68 million, a PE ratio of -2.82 and a beta of 1.60.

Hedge Funds Weigh In On LiveOne

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in shares of LiveOne by 35.4% in the fourth quarter. Bank of America Corp DE now owns 59,595 shares of the company’s stock worth $88,000 after acquiring an additional 15,574 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of LiveOne by 2,891.7% during the first quarter. Acadian Asset Management LLC now owns 147,490 shares of the company’s stock valued at $101,000 after acquiring an additional 142,560 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of LiveOne during the second quarter valued at $174,000. Qube Research & Technologies Ltd purchased a new stake in LiveOne during the 2nd quarter worth about $87,000. Finally, Jane Street Group LLC acquired a new position in LiveOne in the 2nd quarter valued at about $247,000. 21.25% of the stock is owned by institutional investors and hedge funds.

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.