LiveOne Stock (NASDAQ:LVO), Trade Ideas

LiveOne

LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through two segments, Audio and Media, with a majority of its revenue derived from the Audio segment.

Earnings

News

Penny Stocks

Guidance

Movers

TSLA

LiveOne, Inc (NASDAQ: LVO) reported second-quarter FY24 revenue growth of 21% year-on-year to $28.53 million, missing the consensus of $28.84 million.

LiveOne Cuts Annual Outlook, CEO Cites Tesla Deal Extension in Forecasting Record-Breaking Fiscal 2025

LiveOne, Inc (NASDAQ: LVO) reported fourth-quarter FY23 revenue growth of 9% year-on-year to $25.5 million, beating the 

LiveOne Q4 Revenue Beats Expectations, Membership Surges 39% Y/Y

Equities

Markets

LiveOne Inc (NASDAQ: LVO) inks a binding 

LiveOne&#39;s PodcastOne Intends To Acquire Fantasy Guru

LiveOne Inc

American Century Low Volatility ETF

LiveVox Holdings Inc

LiveVox Holdings Inc Unit (1 Ordinary share Cls A & 1/2 Wrt)

LiveVox Holdings Inc Warrants (18/06/2026)

<p>Coca-Cola Consolidated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COKE#NASDAQ">COKE</a>) reported quarterly earnings of $17.33 per share. This is a 6.78 percent increase over earnings of $16.23 per share from the same period last year.  The company reported $1.60 billion in sales this quarter. This is a 1.65 percent increase over sales of $1.57 billion the same period last year.</p>


COKE

Coca-Cola Consolidated Q1 Adj $17.33 Up From $16.23 YoY, Sales $1.60B Up From $1.57B YoY

Contracts

TTOO

T2 Biosystems Announced Execution Of Territory Exclusive Distribution Agreement In Qatar; To Sell T2Dx Instruments, T2Bacteria Panel, T2Candida Panel And T2Resistance Panel Through Newly Appointed Distributor

<p>Vitesse Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTS#NYSE">VTS</a>) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.38 by 10.53 percent. This is a 35.85 percent decrease over earnings of $0.53 per share from the same period last year.  The company reported quarterly sales of $61.193 million which beat the analyst consensus estimate of $60.498 million by 1.15 percent.  This is a 5.58 percent increase over sales of $57.961 million the same period last year.</p>


Earnings Beats

Earnings Misses

Vitesse Energy Q1 2024 Adj EPS $0.34 Misses $0.38 Estimate, Sales $61.193M Beat $60.498M Estimate

WIIM

EVER

EverQuote shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates.

BWXT

BWX Technologies Reaffirms 2024 Adj EPS Guidance Of $3.05-$3.20 (Est $3.14), Revenue Of >$2.60B (Est $2.615B)

<p>Earlyworks Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) (the "Company" or "Earlyworks"), a Japanese company operating its proprietary private blockchain technology, Grid Ledger System ("GLS"), today announced that the Company received a staff determination letter (the "Letter"), on May 1, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, due to the Company's failure to regain compliance with a minimum bid price of $1.00 per share requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Requirement"), Nasdaq has determined (the "Determination") that Company's securities will be scheduled for delisting from Nasdaq unless the Company requests an appeal of the Determination to a Hearings Panel (the "Panel").&nbsp;<br /><br />&nbsp;</p>
<p>On October 30, 2023, the Company received a letter from Nasdaq (the "Notice"), notifying the Company that based upon the closing bid price of its securities for the last 30 consecutive business days preceding the Notice, the Company was not in compliance with the Minimum Bid Requirement.&nbsp;</p>
<p>In accordance with Listing Rule 5810(c)(3)(A), the Notice provided the Company a period of 180 calendar days from the date of the Notice, or until April 29, 2024, to regain compliance with the Minimum Bid Requirement. According to the Letter, the Company had not regained compliance with the Minimum Bid Requirement as of April 29, 2024, and is not eligible for a second 180-day period.&nbsp;</p>
<p>Specifically, the Company does not comply with the initial listing requirement of $5,000,000 minimum stockholders' equity for The Nasdaq Capital Market, as contemplated for a second 180-day period.</p>
<p>Unless the Company requests an appeal of the Determination by May 8, 2024, the Company's securities will be suspended at the opening of business on May 10, 2024, and a Form 25-NSE will be filed with the U.S. Securities and Exchange Commission, which will remove the Company's securities from listing and registration on Nasdaq.&nbsp;</p>
<p>The Company plans to appeal the Determination to the Panel in due course. A hearing request will stay the suspension of the Company's securities and the filing of Form 25-NSE pending the Panel's decision. The Company is considering all options available to it, including a reverse stock split, and will provide its shareholders with material updates when they are available.&nbsp;</p>


ELWS

Earlyworks Co., Ltd. Announces Receipt Of Nasdaq Delisting Determination And Plan To Request A Hearing Before The Nasdaq Hearings Panel

<p><a href="https://www.globenewswire.com/Tracker?data=PScOoslpVPe2hr7sNnNhgb_97rwCpOR0fzEYY7cE70k_nzU417hobwWDhGvmCFBzGB2c583RmnlU7aQgyttXWw==">Angi</a>, a leading and comprehensive solution for improving and maintaining homes, today launched several new initiatives in advance of May 7th's National Signing Day–a day to acknowledge and celebrate students who pursue an undergraduate or graduate trade school training program. Launched today, the Angi Trade Up Scholarship Program will provide scholarships for students in construction-related programs at trade schools nationwide. Angi also announced an expanded partnership with trades jobs platform BlueRecruit, kicking off on May 7th with a first-of-its-kind digital career fair. The first annual Angi Trade Up Digital Career Fair will connect job seekers on the BlueRecruit platform with the nearly 200,000 home service pros in the Angi network.<br /><br />&nbsp;</p>
<p>Nearly a quarter of tradespeople are approaching retirement age according to the US Bureau of Labor Statistics–a growing concern as fewer young people enter the skilled trade industries. Angi's new efforts are designed to recognize and promote skilled trades careers and help foster connections between job candidates and home service professionals looking to grow their business.</p>
<p>"Every home in America needs a team of skilled tradespeople to care for it. Unfortunately, there are not enough people entering the trades despite the fact that the careers have extremely high job satisfaction and are well paid. Angi is committed to changing the conversation around careers in the trades," said Angie Hicks, Co-Founder of Angi.</p>
<p>The new Angi Trade Up Scholarship Program will award $2,500 scholarships to four students who have been accepted to, or are enrolled in an undergraduate or graduate construction-related trade program at any trade school, college or university. Scholarship winners will be chosen by Angi's Pro Council–a council of home service professionals made up of pros in the Angi network who represent businesses with hundreds of collective years of experience servicing Americans' homes.</p>
<p>Also announced today, Angi is expanding its partnership with BlueRecruit, a direct-hire marketplace for skilled trade workers and the companies seeking their talent. Beginning on May 7th, BlueRecruit will open its platform to Angi's network of pros at no cost to create a first-of-its-kind digital career fair: BlueRecruit's network of roughly 55,000 job seekers will have the opportunity to connect 1:1 with Angi's network of pros who are prepared to match and hire during the Angi Trade Up Digital Career Fair.</p>
<p>Continued Ms. Hicks, "We want to highlight the compelling opportunities in the trades and make sure that students who want to pursue this profession have the support and tools to do so. But we're excited to take things one step further. Our expanded partnership with the BlueRecruit platform will connect interested students and job candidates directly with pros to learn more about their career paths as well as specific job opportunities. We're excited to do our part to accelerate hiring in these critical industries."</p>
<p>"As North America's leading skilled trades training and employment placement company, we're honored to work alongside incredible organizations like Angi that strive every day to bring awareness to the importance of the skilled trades and the men and women building tomorrow," said Rich Camacho, CEO of BlueRecruit. "With our digital career fair on May 7th, we'll be able to help support connections between the incredible new wave of top talent available on BlueRecruit with the nation's top quality home service companies that use Angi everyday to provide homeowners with exceptional service and craftsmanship."</p>
<p>Both job seekers and current trade workers looking to hire can find a variety of new online resources as part of Angi's Trade Up PSA campaign aimed at de-stigmatizing and bringing awareness to benefits of a career in the trades:</p>
<ul>
<li><strong>Angi Trade Up Webinar</strong>: On May 7th, Angi, BlueRecruit, and program leaders from leading vocational and college programs will hold an educational webinar for Angi's network of pros to support their hiring efforts when engaging with the BlueRecruit network</li>
<li><strong>Trade Up with Angi Podcast</strong>: An industry deep dive podcast hosted by co-founder Angie Hicks, tackling everything you need to know about the trade industry with pros in the Angi network</li>
<li><strong>Trade Up Tuesdays</strong>: A weekly series on Instagram and TikTok spotlighting pros in the Angi network, their unique experiences, and the benefits of being a skilled trade professional<br /><br />&nbsp;</li>
</ul>
<p>Learn more about how Angi is supporting the trades <a href="https://www.globenewswire.com/Tracker?data=wvZs-ga-dOWG3fxEMbNRixmJI8GVBfxMMmxI8zFGKrEUIXAQxgGBru63HSy12vC4ySgyGB82w7TWLwNfOyW90Q==">here</a>. More information about the scholarships can be found <a href="https://www.globenewswire.com/Tracker?data=wvZs-ga-dOWG3fxEMbNRi8UsA8qTxKyzy2cdtOeBHEvGjMjhaEukXx7hel_y5pfEmbEvsfHxBcoSD8McxI4Gw_56F8h4ZwDvPdhZRE29bMCSmn4YXY7kM5J_e7uwYXDf">here</a>.</p>


ANGI

This National Signing Day, Angi Aims To Boost Hiring In The Trades; Also Announces Angi Is Expanding Its Partnership With BlueRecruit, A Direct-Hire Marketplace For Skilled Trade Workers And The Companies Seeking Their Talent

Noble Corporation Reiterates Guidance

GreenPower shares are trading lower after the company announced a proposed public offering of common shares and warrants.

Eastern Q1 2024 Adj. EPS $0.31 Down From $0.36 YoY; Net Sales $67.9M Down From $72.5M YoY

<p>1. <strong>Alpha Metallurgical </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>) <a href="https://www.benzinga.com/news/earnings/24/05/38638494/alpha-metallurgical-q1-2024-gaap-eps-9-59-misses-10-82-estimate-sales-864-072m-beat-845-350m-estima">reported first quarter</a> net income of $127 million, or $9.59 per diluted share, adjusted EBITDA of $189.6 million and sales of $864 million.</p>
<ol></ol>
<p>Despite softer coal market conditions, CEO <strong>Andy Eidson</strong> noted solid performance, although market deterioration has continued since the quarter ended.&nbsp;</p>
<p>Segment coal sales costs dropped to $115.65 per ton in Q1 2024, down from $119 per ton in Q4 2023, while operating cash flow decreased to $196.1 million and capital expenditures increased to $63.6 million.</p>
<p>Alpha&#8217;s share repurchase program authorized up to $1.5 billion and by April 30, 2024, the company repurchased 6.6 million shares for $1.1 billion, leaving 13,007,215 shares outstanding.</p>
<p>2. <strong>Metals Acquisition</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTAL#NYSE">MTAL</a>) announced it will redeem all its outstanding public and private placement warrants for ordinary shares on June 5, 2024, for 10 cents per warrant. </p>
<ol start="2"></ol>
<p>This aligns with the company&#8217;s goal of a simplified capital structure.&nbsp;</p>
<p>Warrant holders can either exercise their warrants for $11.50 each, surrender them on a cashless basis for a fraction of an ordinary share or let the company redeem them for 10 cents per warrant.</p>
<p><em>Also Read:</em><a href="https://www.benzinga.com/topic/mining"><em> </em></a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38621219/glencore-anglo-american-tie-up-makes-more-sense-than-bhp-offer-analyst-says"><em>Glencore-Anglo American Tie-Up Makes More Sense Than BHP Offer, Analyst Says</em></a></p>
<p>3. <strong>Latin Metals</strong> (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LMSQF#OTC">LMSQF</a>) gave an update on its 100% owned Organullo Project, where an option agreement allows <strong>AngloGold Argentina Exploraciones</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) to earn up to 80% interest. </p>
<ol start="3"></ol>
<p>AngloGold&#8217;s geophysical survey identified a high-priority drill corridor in West Graben.&nbsp;</p>
<p>Prior mapping and sampling identified three drill targets with advanced argillic alteration spanning over six kilometers.</p>
<p>Organullo&#8217;s eastern graben, near the historical Julio Verne Mine, has seen past exploration, but the western graben has been overlooked.&nbsp;</p>
<p>AngloGold&#8217;s holistic approach identified potential for porphyry copper-gold and high-sulphidation epithermal gold deposits, untested by drilling.&nbsp;</p>
<p>Their exploration thesis could lead to a significant discovery.</p>
<p>4. <strong>Idaho Strategic Resources</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDR#NYSE">IDR</a>) reported a 76.5% increase in revenue, quarterly earnings of 17 cents per share and a 35-fold rise in net income for Q1 2024.</p>
<ol start="4"></ol>
<p>Gold production increased by 80.6% to 3,116 ounces, while the all-in sustaining cost per ounce dropped 28.8% to $1,097.09. </p>
<p>When asked for a comment, spokesperson <strong>Travis Swallow</strong> noted the company is now able to reinvest in production and exploration and is motivated to unlock the Murray Gold Belt District&#8217;s potential and advance Idaho&#8217;s rare earth projects.</p>
<p>The company also purchased the Butte Gulch property and long-lead time components for its planned paste backfill system, aiming to save up to $800,000 annually.&nbsp;</p>
<p>A renewed contract with H&amp;H Metals is expected to save up to $400,000 annually.</p>
<p><em>Now Read:</em><a href="https://www.benzinga.com/"><em> </em></a><a href="https://www.benzinga.com/government/24/05/38623605/us-lawmakers-vote-to-ban-russian-uranium-in-win-for-north-american-miners"><em>US Lawmakers Vote To Ban Russian Uranium In Win For North American Miners</em></a></p>
<p><strong><em>Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com">licensing@benzinga.com</a> to get connected with the Benzinga community!</em></strong></p>
<p><em>Photo: Shutterstock</em></p>


Commodities

LMSQF

MTAL

Alpha Metallurgical Q1 Results; Metals Acquisition Simplifies Capital Structure; Latin Metals Updates Organullo Project And More: Monday's Top Mining Stories

<p>The Beachbody Company, Inc. Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BODI#NYSE">BODI</a>) reported quarterly losses of $(2.10) per share which missed the analyst consensus estimate of $(2.09) by 0.48 percent. This is a 55.51 percent increase over losses of $(4.72) per share from the same period last year.  The company reported quarterly sales of $120.046 million which beat the analyst consensus estimate of $114.923 million by 4.46 percent.  This is a 17.15 percent decrease over sales of $144.901 million the same period last year.</p>


The Beachbody Company, Inc. Class A Common Stock

BODI

The Beachbody Company, Inc. Class A Common Stock Q1 2024 GAAP EPS $(2.10) Misses $(2.09) Estimate, Sales $120.046M Beat $114.923M Estimate

OPAD

Offerpad Sees Q2 Revenue $250M-$300M vs $352.74M Est.

<p>Noble Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.52 by 26.92 percent.  The company reported quarterly sales of $612.00 million which beat the analyst consensus estimate of $591.87 million by 3.40 percent.  This is a 0.32 percent increase over sales of $610.05 million the same period last year.</p>


Noble Corp Q1 2024 Adj EPS $0.66 Beats $0.52 Estimate, Sales $612.00M Beat $591.87M Estimate

<p>Finance of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOA#NYSE">FOA</a>) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.06) by 50 percent. This is a 62.5 percent increase over losses of $(0.08) per share from the same period last year.  The company reported quarterly sales of $74.682 million which beat the analyst consensus estimate of $61.970 million by 20.51 percent.  This is a 46.98 percent decrease over sales of $140.855 million the same period last year.</p>


Finance of America Q1 2024 Adj EPS $(0.03) Beats $(0.06) Estimate, Sales $74.682M Beat $61.970M Estimate

<p>Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.10) by 10 percent. This is a 10 percent increase over losses of $(0.10) per share from the same period last year.  The company reported quarterly sales of $92.767 million which missed the analyst consensus estimate of $94.995 million by 2.35 percent.  This is a 68.99 percent increase over sales of $54.895 million the same period last year.</p>


RKLB

Rocket Lab USA Q1 2024 GAAP EPS $(0.09) Beats $(0.10) Estimate, Sales $92.767M Miss $94.995M Estimate

Symbotic Sees Q3 Revenue $450M-$450M vs $447.58M Est.

ASRT

Assertio Reiterates Guidance For 2024, Calling For Net Product Sales Of $110M-$125M (Est $117.35M) And Adjusted EBITDA Of $20M-$30M

<p>&nbsp;GreenPower Motor Company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GP#NASDAQ">GP</a>) (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/GPV#TSXV">GPV</a>) ("GreenPower" or the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced it has commenced an underwritten public offering in the United States (the "Offering").</p>
<p>&nbsp;</p>
<p>The Offering consists of common shares and warrants to purchase common shares and is subject to market conditions. There can be no assurance as to whether or when the Offering may be completed, or as to the actual size, pricing or other terms of the Offering. In addition, the Company intends to grant the underwriter a 45-day option to purchase up to an additional 5 percent of the number of common shares and/or warrants offered in the Offering. &nbsp;</p>
<p>Maxim Group LLC is acting as sole book-running manager for the Offering.</p>


Offerings

TSXV:GPV

GreenPower Announces Proposed Public Offering Of Common Shares & Warrants; No Size Or Amount Disclosed

Cabot Sees FY24 Adj. EPS $6.65-$6.85 Vs $7.59 Estimate

LiveOne Inc (LVO) is the highest overall rated company in the Entertainment industry with an overall score of 78. LVO is up 35.43% so far this year after the company closed yesterday at $1.72.  The overall score measures the company's performance based-off both short and long term indicators and means that LVO scores bette

Is LiveOne Inc (LVO) the Top Pick in the Entertainment Industry?

ANTE, CXDO among major communication services gainers; SLE, EVC among losers

LiveOne (LVO) has issued an announcement. LiveOne, Inc. is actively engaging the investment community by sharing its Corporate Presentation at vari...

LiveOne Discusses Future Strategies and Investor Caution

LiveOne Inc (LVO) is the highest overall rated company in the Entertainment industry with an overall score of 85. LVO is up 100.00% so far this year after the company closed yesterday at $1.86.  The overall score measures the company's performance based-off both short and long term indicators and means that LVO scores bett

Should You Buy LiveOne Inc (LVO) in Entertainment Industry?

LiveOne Inc (LVO) is the highest overall rated company in the Entertainment industry with an overall score of 78. LVO is up 122.62% so far this year after the company closed yesterday at $1.87.  The overall score measures the company's performance based-off both short and long term indicators and means that LVO scores bett

Is LiveOne Inc (LVO) The Right Choice in Entertainment?

LVO, CDLX among major communication services gainers; ANGH, MNY among losers

LiveOne's publishing division partners with Source Audio to expand AI capabilities

These Communication Services stocks are trading higher:-Cardlytics Inc (CDLX) stock is trading at $18.99, a gain of $3.09, or 19.43%, on average volume.  Cardlytics Inc gets a Sentiment Score of Neutral from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $17.00.  -Dire

Communication Services Stocks Moving Monday: CDLX, DRCT, LEE, SSP, ANGH, LVO, TTWO, CTV

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>If you&rsquo;re an investor with a high tolerance for risk and a desire for supersized returns, <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> should be at the top of your watchlist. While penny stocks are often associated with pump-and-dump schemes and companies on the verge of bankruptcy, there are some real hidden gems trading at bargain valuations that could potentially deliver astronomical returns within a few short years.</p>



<p>It&rsquo;s not unrealistic to expect a quality penny stock to increase 10X or more within just a couple of years once Wall Street takes notice. Of course, with greater potential reward comes greater risk. Many penny stocks are more speculative in nature. But by focusing your research on profitable companies with solid fundamentals and growth drivers, you can limit the downside while keeping the upside wide open.</p>



<p>In my experience, if you invest wisely in a diversified basket of penny stocks, a $10,000 portfolio can realistically turn into $100,000 or more over a 5-year time. While penny stocks should only be a small part of a well-diversified portfolio, buying up shares of these hidden gems now could pay off in a very big way down the road. So let&rsquo;s dive in and take a closer look at seven penny stocks!</p>



<h2>Paysign (PAYS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/penny-stocks-300x169.png" alt="Stacks of pennies representing penny stocks. Nano-Cap Penny Stocks"><div>Source: John Brueske / Shutterstock.com</div></div><p><strong>Paysign</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/pays-stock-quote/"><strong>PAYS</strong></a>) provides prepaid card products and processing services for businesses, consumers, and government entities under the PaySign brand. Their capabilities include transaction processing, cardholder enrollment, account funding, account management, reporting, and customer service.</p>



<p>One area I&rsquo;m particularly excited about is how Paysign develops tailored prepaid card programs for corporate incentives, payroll, and gift cards. This provides diversified revenue streams across attractive end markets. The stock has certainly been beaten down, plunging from a 2019 peak of $17.5 to a low of just $1.4 in 2020 as the pandemic took its toll. However, I believe the worst is behind us and that PAYS has bottomed out.</p>



<p>Shares currently trade around $4.10, which I see as an attractive entry point. In my experience, the market tends to underestimate turnaround situations like this. While <a href="https://seekingalpha.com/symbol/PAYS/earnings/estimates">EPS is expected to dip in 2024</a>, analysts forecast a strong 50% rebound in 2025 as growth accelerates again. Revenue growth has remained resilient even through the downturn, with 18% growth expected in 2024 and 14% in 2025.</p>



<p>What gives me further confidence is that Paysign just reported blowout Q4 results, beating estimates by 10.7% on the top line. To me, this quarter confirms we&rsquo;ve reached an inflection point and that Paysign is ready to build momentum as macro conditions improve for fintechs. Once rate cuts materialize, I expect this leaner and refocused PAYS to really take off.</p>



<h2>LiveOne (LVO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/05/bank-lending-capital-1600-300x169.jpg" alt="hands at desk near laptop computer, with one hand holding a pile of hundred dollar bills. Bank stocks"><div>Source: shutterstock.com/CC7</div></div><p><strong>LiveOne</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/lvo-stock-quote/"><strong>LVO</strong></a>) presents an intriguing turnaround opportunity as demand normalizes post-pandemic. LiveOne operates a global platform for livestream concerts, festivals, and other events. As you&rsquo;d expect, the stock chart looks ugly if you zoom out. With live events essentially banned for long stretches, LVO shares plunged from its pre-pandemic peaks.</p>



<p>However, the business has been making an impressive comeback in recent quarters. The stock is already up 50% over the past year to around $1.8 currently. And I believe LiveOne can climb much higher from here as financial performance continues improving. Losses have <a href="https://www.google.com/finance/quote/LVO:NASDAQ">narrowed from $44 million in 2022 to $10 million in 2023</a>. Analysts now forecast LiveOne to reach profitability in 2026, with <a href="https://seekingalpha.com/symbol/LVO/earnings/estimates">revenue growth above 20% annually</a> during this period.</p>



<p>Once LiveOne can consistently expand margins after achieving profitability, I think the upside is dramatic given its leadership position in live streaming. This is a small-cap stock with the potential to deliver 10X returns or more in the coming years as the live events industry gets back on track. I believe Wall Street is seriously underestimating LiveOne&rsquo;s potential.</p>



<h2>Dada Nexus (DADA)</h2>



<div><img width="300" height="200" src="https://investorplace.com/wp-content/uploads/2018/08/best-penny-stocks-300x200.jpg" alt="a jar filled with pennies on a table covered in pennies to represent penny stocks"><div>Source: Shutterstock</div></div><p><strong>Dada Nexus</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/dada-stock-quote/"><strong>DADA</strong></a>) is a leading Chinese local on-demand delivery and retail platform. Dada operates two key platforms &ndash; <strong>JD-Daojia</strong>, one of China&rsquo;s largest local on-demand retail platforms, and <strong>Dada Now</strong>, a top local on-demand delivery platform. Dada Now provides critical delivery infrastructure for retailers across industries, serving both merchants and individual customers.</p>



<p>Like the other two picks, DADA&rsquo;s chart is ugly, with shares down 96% from their 2021 peak to around $2 currently. However, I see this as a huge overreaction that has created a buying opportunity. Analysts expect significant improvements as China&rsquo;s economy recovers from COVID disruptions.</p>



<p>Dada has consistently been unprofitable, posting net losses above 20% for years. However, analysts finally forecast the company to reach profitability in 2024 after aggressive cost-cutting. If Dada hits <a href="http://seekingalpha.com/symbol/DADA/earnings/estimates">2025 earnings targets</a>, it would trade at just 5x forward earnings, an absurdly cheap level for a high-growth platform leader.</p>



<p>Given the dramatic improvements on the horizon, I believe DADA can deliver multibagger returns from today&rsquo;s depressed levels. The market has become overly pessimistic on Chinese stocks, presenting a chance to buy Dada at a bargain valuation before the next growth cycle.</p>



<h2>iSun (ISUN)</h2>



<div><img width="300" height="199" src="https://investorplace.com/wp-content/uploads/2014/06/solar-stocks-panel-green-energy-630-ISP-300x199.jpg" alt=""><div>Source: &copy;iStock.com/danielschoenen </div></div><p><strong>iSun</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/isun-stock-quote/"><strong>ISUN</strong></a>) designs, develops, and installs solar power systems, EV charging stations, and electrical infrastructure solutions. There&rsquo;s no doubt this is one of the riskier penny stocks I&rsquo;ve recommended, with substantial dilution over the past year.</p>



<p><a href="https://www.macrotrends.net/stocks/charts/ISUN/isun/shares-outstanding">Outstanding shares skyrocketed 121% year-over-year in Q3 2023 alone</a>. I typically avoid profiling stocks with such unfriendly dilution. However, I&rsquo;m making an exception because iSun appears to be approaching an inflection point. Losses narrowed significantly to just $2.3 million in Q3 2023, compared to $28 million in revenue.</p>



<p>This improving trajectory gives me hope the worst dilution is behind us. Shares are also up 83% since its November 2023 trough, potentially indicating dilution has slowed. Analysts forecast negligible losses in 2024, with <a href="https://seekingalpha.com/symbol/ISUN/earnings/estimates">profitability arriving in 2025</a>. If achieved, iSun would trade at a mere 2x 2026 earnings, presenting sizable upside from today&rsquo;s levels. While I recommend watching dilution carefully, I believe iSun could deliver outsized returns if execution continues improving.</p>



<h2>Lesaka Technologies (LSAK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/stocks-to-buy-2-300x169.jpg" alt="BUY spelled out on a computer keyboard representing stocks to buy"><div>Source: Shutterstock</div></div><p><strong>Lesaka Technologies</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/lsak-stock-quote/"><strong>LSAK</strong></a>) is a South African fintech that I believe is poised for a major breakout as conditions improve in its home country. It provides payment solutions and transaction processing services across Africa. The stock has essentially gone sideways for five years now, trading around $4 currently.</p>



<p>However, South Africa&rsquo;s outlook is brightening. Progress is being made on challenges like electricity shortages, high crime, and economic stagnation. With an inflection point potentially approaching, I think LSAK could rally strongly if it can break above resistance around $6.</p>



<p>Losses are forecast to narrow significantly in the years ahead, with <a href="http://seekingalpha.com/symbol/LSAK/earnings/estimates">profitability arriving in 2026</a>. Any positive surprise could ignite the share price. LSAK has the potential for multibagger returns from today&rsquo;s levels if execution remains solid and South Africa&rsquo;s economy turns a corner. This is a classic turnaround play trading at a discount valuation.</p>



<h2>374Water (SCWO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/stocks-to-buy-3-300x169.jpg" alt='Stocks to buy: A close-up shot of a hand pressing a "BUY NOW!" button on a laptop keyboard.'><div>Source: Shutterstock</div></div><p><strong>374Water</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/scwo-stock-quote/"><strong>SCWO</strong></a>) is an intriguing nano-cap play on the future of water treatment and sustainability. This social impact clean-tech company provides wastewater treatment solutions using its patented SCWO technology. SCWO eliminates organic compounds, pathogens, and other contaminants.</p>



<p>I expect tailwinds from tightening environmental regulations worldwide. 374Water is still in hypergrowth mode, so profits aren&rsquo;t on the horizon yet. However, revenue is forecast to surge from <a href="https://seekingalpha.com/symbol/SCWO/earnings/estimates">$6 million in 2024 to $55 million in 2026</a>.</p>



<p>Maintaining that triple-digit growth pace could allow 374Water to reach profitability by 2027. Given the huge addressable market in water management, I believe SCWO has multibagger potential if execution remains best-in-class over the next five years. This is an ideal long-term growth story in the making.</p>



<h2>Youdao (DAO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/dao-1600-300x169.png" alt='A concept image of a glowing blue piggy bank with money flowing into it with "DAO" written on it. A network of glowing points of light can be seen in the background.'><div>Source: lp-studio / Shutterstock.com</div></div><p><strong>Youdao</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/dao-stock-quote/"><strong>DAO</strong></a>) is a Chinese online education technology company that I believe remains deeply undervalued after the tech selloff. Youdao provides online learning services, smart devices, and digital marketing solutions. As with many Chinese tech names, the stock has been crushed, down 91% from highs.</p>



<p>However, I think a bottom is forming. DAO has traded sideways since August 2023 as fundamentals improved. China&rsquo;s economy is also starting to stabilize. With stimulus ahead, I expect an inflection point for beaten-down <a href="https://investorplace.com/industries/technology/">tech stocks</a> like Youdao.</p>



<p>The company has cut costs aggressively and is <a href="https://seekingalpha.com/symbol/DAO/earnings/estimates">forecast to reach profitability in 2025</a>. At just 5.5x 2026 earnings estimates, I believe the risk/reward is compelling for long-term investors. Revenue growth should also accelerate to 15% annually. My one caution is the high debt load, with a cash/debt ratio of just 0.34x. However, balance sheet improvement should follow with profitability.</p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a></em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/04/7-penny-stocks-that-can-turn-10000-into-100000-by-2027/">7 Penny Stocks That Can Turn $10,000 Into $100,000 by 2027</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Penny Stocks That Can Turn $10,000 Into $100,000 by 2027

The latest update is out from LiveOne (LVO). The previously detailed financial results have significant implications for investors and market watch...

LiveOne Financial Disclosure Impact on Investors and Markets

AENT

ANGH

ANTE

CDLX

CXDO

DADA

DRCT

EDUC

FENG

ISUN

LSAK

NCMI

OOMA

PAYS

SCWO

UONE

WIMI

Management

Press Releases

PodcastOne (Nasdaq: PODC) Appoints Carolyn Blackwood to Its Board of Directors

PodcastOne (Nasdaq: PODC) Launches Ransom, New True Crime Podcast From KSL Podcasts, Producers of COLD

LiveOne (Nasdaq: LVO) Subsidiary Slacker Radio Hits All Time High Country Music Usage, Helping to Increase Revenue 300% and Driving a Remarkable 800% Increase in Share of Female Country Artists Across Radio Programming

LiveOne (LVO) Subsidiary PodcastOne's (PODC) The Adam Carolla Show Podcast Celebrates Milestone 15 Year Anniversary

LiveOne (Nasdaq: LVO) Anticipates Certain Record Q4 and FY24 Results

Update: LiveOne (Nasdaq: LVO) Anticipates Record Q4 and FY24 Results

PodcastOne (Nasdaq: PODC) Anticipates Record 32% Q4 FY24 Growth; Exclusively Featured in 1.7M Tesla Cars in North America

LiveOne (NASDAQ: LVO) Expands Pay-Per-View  Lineup with "KnuckleMania IV"

PodcastOne's (Nasdaq: PODC) Baby Mamas No Drama Podcast Named People's Voice Winner for Best Lifestyle Podcast in the 28th Annual Webby Awards for 2024

General

LiveOne (Nasdaq: LVO) Announces Strategic Price Raise After 10 Years of Stability

PODC

AMC Entertainment Holdings, Inc. Class A Common Stock

AMC Enter Hldgs

Anghami

Atlanta Braves Holdings, Inc. - Series C Common Stock

Atlanta Braves Holdings

Brera Holdings PLC - Class B Ordinary Shares

Brera Holdings

Cinemark Holdings Inc Cinemark Holdings, Inc. Common Stock

Cinemark Hldgs

CuriosityStream Inc. - Class A Common Stock

CuriosityStream

Dolphin Entertainment, Inc. - Common Stock

Dolphin Entertainment

Eventbrite

Gaia

Global Mofy Metaverse Limited - Ordinary Shares

Global Mofy Metaverse

Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share