Alliance Global Partners analyst Brian Kinstlinger lowered the firm’s price target on LiveOne (LVO) to $2.25 from $3 and keeps a Buy rating on the shares. The company’s Q3 results were lower-than-expected, and while LiveOne is expected to begin generating revenue on free ad-supported users, that contribution will be modest in FY26, the analyst tells investors in a research note. The firm adds that PodcastOne is aggressively recruiting and onboarding new content creators, but the revenue contribution from these assets has lagged the new expenses.
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