LiveOne stock price target lowered to $1.20 by Freedom Broker

Investing.com - Freedom Broker has lowered its price target on LiveOne Inc. (NASDAQ:LVO) to $1.20 from $1.40 while maintaining a Buy rating following the company’s mixed Q1 FY 2026 results. The stock, currently trading at $0.61, has declined over 57% year-to-date, according to InvestingPro data.

The firm cited a decline in Slacker Radio’s revenue, which followed last year’s renegotiation with Tesla (NASDAQ:TSLA), as a key factor in the adjustment. This decline was partially offset by growth in PodcastOne, though pressure on LiveOne’s overall profitability continues despite cost-cutting efforts. InvestingPro data reveals the company’s revenue has fallen by 18.76% over the last twelve months, with analysts anticipating further sales decline this year.

Freedom Broker noted that PodcastOne improved its margins during the quarter, and management has predicted a recovery in the second half of the year. This expected improvement is based on converting a portion of Tesla’s audience to paid subscribers, realizing a major B2B contract with a Fortune 500 client, expanding its partner base, and continuing growth at PodcastOne. For deeper insights into LiveOne’s financial health, which InvestingPro currently rates as WEAK, subscribers can access the comprehensive Pro Research Report, along with 8 additional ProTips.

PodcastOne’s management has reiterated their FY 2026 revenue and adjusted EBITDA guidance, providing some stability to the overall outlook.

The price target reduction reflects Freedom Broker’s moderately negative view of the results, specifically citing a more significant than expected decline in Slacker Radio revenue attributed to low user conversion to paid subscriptions and weak ad monetization following the renewed Tesla agreement.

In other recent news, LiveOne Inc. released its Q1 Fiscal Year 2026 earnings report on August 13, 2025. The company reported an earnings per share (EPS) of -0.04, which aligned with analyst projections. Revenue for the quarter reached $19.21 million, exceeding expectations of $18.39 million by 4.46%. These developments highlight the company’s ability to surpass revenue forecasts despite maintaining stable earnings per share figures. Analysts had anticipated these results, and the revenue beat suggests a positive reception among investors. The company’s financial performance in this quarter marks a significant event in its recent history.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.