Lpsn forecast

The forecast for LivePerson (LPSN) is mixed, with a high degree of uncertainty due to the wide range of price targets and the recent significant price increase. 1. **Recent Price Movement**: LivePerson's stock experienced a substantial increase, with a 19.21% percentage change on July 18, 2024. This follows a previous day's rise of 10.34%. |Ticker|Name|Percentage Change|Date|code|market_code| |---|---|---|---|---|---| |LPSN.O|LivePerson|19.218910585817056|20240718|LPSN|185| 2. **Analyst Ratings and Price Targets**: - The average price target over the last 3 months is $0.75, with a high forecast of $1.00 and a low forecast of $0.50. This represents a -22.92% downside from the last price of $0.97. - The highest price target is $1.00, the average is $0.75, and the lowest is $0.50. - The average price target suggests a bearish outlook, with the current price well above the average target. |Ticker|Name|Percentage Change|Date|code|market_code| |---|---|---|---|---|---| |LPSN.O|LivePerson|19.218910585817056|20240718|LPSN|185| 3. **Market Sentiment**: - The stock has a "Hold" consensus rating from analysts, which has not changed despite the recent price volatility. - The stock's performance has been mixed, with some analysts predicting a significant upside and others a more modest or even negative outlook. 4. **Technical Analysis Indicators**: - The stock has shown strong buy signals from short- and long-term moving averages and the MACD. - However, it is considered "very high risk" due to high volatility and an overbought condition as indicated by the RSI14. 5. **Upcoming Financial Results**: LivePerson plans to announce its second-quarter financial results on July 31, 2024. This could provide a catalyst for further price movement. 6. **Institutional Activity**: Institutional investors have shown mixed activity, with some selling and others buying shares. In conclusion, while there is a positive short-term momentum, the mixed analyst sentiment and the stock's high volatility suggest a cautious approach. The recent significant price increase may have been overdone, and investors should consider the potential for a pullback or consolidation in the near term.