LiveOne Inc (NASDAQ:LVO) Shares Are Up 62.67% From The Lows, But Can They Stay Up?

In recent trading session, LiveOne Inc (NASDAQ:LVO) saw 2.75 million shares changing hands at last check today with its beta currently measuring 1.58. Company’s recent per share price level of $1.50 trading at $0.3 or 24.97% at last check today assigns it a market valuation of $143.47M. That most recent trading price of LVO’s stock is at a discount of -43.33% from its 52-week high price of $2.15 and is indicating a premium of 62.67% from its 52-week low price of $0.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.3 million shares which gives us an average trading volume of 451.84K if we extend that period to 3-months.

For LiveOne Inc (LVO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.

LiveOne Inc (NASDAQ:LVO) trade information

Upright in the green today for gaining 24.97%, in the last five days LVO remained trading in the green while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $1.50 price level, subtracting -4.9% to its value on the day. LiveOne Inc’s shares saw a change of 2.02% in year-to-date performance and have moved 24.97% in past 5-day. LiveOne Inc (NASDAQ:LVO) showed a performance of 2.02% in past 30-days. Number of shares sold short was 2.29 million shares which calculate 4.0 days to cover the short interests.

Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 1.5.

LiveOne Inc (LVO) estimates and forecasts

Statistics highlight that LiveOne Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -11.78% of value to its shares in past 6 months, showing an annual growth rate of 26.67% while that of industry is 11.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 4.19% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 31.35M for the same. And 5 analysts are in estimates of company making revenue of 26.32M in the next quarter. Company posted 31.25M and 30.9M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 25.42% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 36.21% while estimates for its earnings growth in next 5 years are of 10.20%.

LiveOne Inc (NASDAQ:LVO)’s Major holders

Insiders are in possession of 21.69% of company’s total shares while institution are holding 26.79 percent of that, with stock having share float percentage of 34.21%. Investors also watch the number of corporate investors in a company very closely, which is 26.79% institutions for LiveOne Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at LVO for having 7.03 million shares of worth $11.04 million. And as of 2024-06-30, it was holding 8.0232 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 4.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7687 of outstanding shares, having a total worth of $6.56 million.

On the other hand, Fidelity Puritan Fund Inc and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 6.18 shares of worth $9.46 million or 6.47% of the total outstanding shares. The later fund manager was in possession of 2.2 shares on Sep 30, 2024, making its stake of worth around $3.36 million in the company or a holder of 2.30% of company’s stock.