Needham analyst Ryan MacDonald has reiterated their neutral stance on LPSN stock, giving a Hold rating today.
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Ryan MacDonald has given his Hold rating due to a combination of factors surrounding LivePerson’s current financial and market situation. Despite the company’s second-quarter results surpassing expectations, the reduction in the fiscal year 2025 revenue outlook raises concerns. This adjustment is attributed to prolonged sales cycles influenced by heightened AI competition and an unpredictable macroeconomic environment, alongside customer apprehensions about the company’s financial health.
Additionally, while the proposed exchange agreement is a step towards mitigating customer concerns regarding LivePerson’s capital structure, the persistent competitive pressures from AI remain a significant challenge. MacDonald suggests that more evidence of stability in LivePerson’s core operations is necessary before considering a more favorable rating, despite the stock’s current low valuation.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $1.00 price target.