LivePerson Inc. ($LPSN) Stock Forecast: Up 6.7% Today

What is LivePerson Inc.?

LivePerson (LPSN) is a technology company on the Nasdaq focused on digital customer conversations and AI-driven innovations, which saw a significant bullish movement in the market today.

Why is LivePerson Inc. going up?

LPSN stock is up 6.7% on Mar 19, 2024 17:05

• Being recognized as one of the World's Most Innovative Companies of 2024 by Fast Company showcases LivePerson's advancements in artificial intelligence, potentially enhancing investor confidence in its future growth.
• The stock rating upgrade from sell to hold by StockNews.com suggests a more positive outlook on LivePerson's performance, contributing to the optimistic market sentiment.
• Insider buying, indicated by a LivePerson director purchasing company stock, reflects confidence in the company's direction, likely boosting investor optimism.
• The combination of prestigious innovation recognition, positive stock rating upgrade, and insider buying activity likely drove the bullish movement in LivePerson's stock price today.

LPSN Price Chart

LPSN Technical Analysis

LPSN News

Fast Company names LivePerson one of the World''s Most Innovative Companies of 2024

For the third time, LivePerson recognized on World''s Most Innovative Companies list for bringing the power of AI and automation to digital customer conversations NEW YORK, March 19, 2024 /PRNewswire/ -- LivePerson (Nasdaq: LPSN), the enterprise leader in digital customer conversations,…

https://www.prnewswire.com/news-releases/fast-company-names-liveperson-one-of-the-worlds-most-innovative-companies-of-2024-302092869.html

Fast Company names LivePerson one of the World''s Most Innovative Companies of 2024 | LPSN Stock News

LivePerson (Nasdaq: LPSN) has been recognized as one of the World''s Most Innovative Companies of 2024 by Fast Company for its advancements in artificial intelligence. LivePerson''s achievements include new AI-powered capabilities, Conversational Intelligence suite, enterprise managed services, and partnerships with other AI platforms. The company is praised for reshaping customer interactions and contact center transformation through AI-driven innovations.

https://www.stocktitan.net/news/LPSN/fast-company-names-live-person-one-of-the-world-s-most-innovative-7xmr0jm5uzuf.html

LivePerson And 2 Other Stocks Under $2 Insiders Are Buying

The Dow Jones index closed higher by around 75 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company''s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga''s insider transactions platform. Cartesian Therapeutics The Trade: Cartesian Therapeutics, Inc. (NASDAQ: RNAC ) Director Timothy A Springer acquired a total of 1,185,872 shares an average price of $0.56. … Full story available on Benzinga.com

https://www.benzinga.com/trading-ideas/long-ideas/24/03/37818645/liveperson-and-2-other-stocks-under-2-insiders-are-buying

LivePerson ( NASDAQ:LPSN ) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of LivePerson ( NASDAQ:LPSN - Free Report ) from a sell rating to a hold rating in a research note issued to investors on Monday.

https://www.defenseworld.net/2024/03/19/liveperson-nasdaqlpsn-stock-rating-upgraded-by-stocknews-com.html

LivePerson director buys $5,100 in company stock

https://www.investing.com/news/stock-market-news/liveperson-director-buys-5100-in-company-stock-93CH-3343085

https://www.investing.com/news/stock-market-news/liveperson-director-buys-5100-in-company-stock-93CH-3343085

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LivePerson Inc. Price History

29.01.2024 - LPSN Stock was down 44.7%

• LivePerson's stock witnessed a notable decline of approximately 40%.
• The downgrade to Neutral from Buy by Roth Capital Partners, coupled with a reduced price target, influenced the negative outlook.
• Concerns arose among investors due to the company's Q4 results and annual projections displaying a revenue decrease.
• Despite topping revenue expectations, LivePerson faced market apprehensions following revenue forecast adjustments and Q4 losses, underpinning the downtrend.

15.02.2024 - LPSN Stock was down 8.1%

• The partnership between LivePerson and Infinity to enhance digital customer conversations did not seem to have an immediate positive impact on investor sentiment.
• Investors might be concerned about the competition in the artificial intelligence space, especially with reports about Nvidia's potential investments in AI-focused companies.
• The market might be reacting to broader trends in the tech sector, with investors possibly shifting focus towards other companies or sectors perceived to have more growth potential in the short term.
• The bearish movement could also be a result of profit-taking by traders who had previously seen gains in LivePerson's stock price.

06.02.2024 - LPSN Stock was down 6.9%

• Liveperson's stock witnessed a significant decrease of around 40% in value today.
• This sudden decline can be linked to Roth Capital Partners downgrading Liveperson's shares to Neutral from Buy due to concerns about declining revenue, and adjusting the price target for the shares downwards.
• Challenges faced in the company's fourth-quarter performance and the outlook for the full year were contributing factors to this downgrade. Legal disputes and reductions in revenue projections added to the pessimistic outlook.
• In response to these developments, investors reacted swiftly, resulting in a notable drop in Liveperson's stock price as doubts about the company's growth potential intensified.

19.02.2024 - LPSN Stock was up 6.7%

• Being recognized as one of the World's Most Innovative Companies of 2024 by Fast Company showcases LivePerson's advancements in artificial intelligence, potentially enhancing investor confidence in its future growth.
• The stock rating upgrade from sell to hold by StockNews.com suggests a more positive outlook on LivePerson's performance, contributing to the optimistic market sentiment.
• Insider buying, indicated by a LivePerson director purchasing company stock, reflects confidence in the company's direction, likely boosting investor optimism.
• The combination of prestigious innovation recognition, positive stock rating upgrade, and insider buying activity likely drove the bullish movement in LivePerson's stock price today.

29.01.2024 - LPSN Stock was down 6.1%

• LivePerson (LPSN) reported a Q4 loss and missed revenue estimates, resulting in a negative market response.
• While the company exceeded revenue guidance, its overall performance was below expectations, leading to the bearish movement.
• The conflicting results of a revenue beat and an earnings miss likely created uncertainty among investors, contributing to the downward trend in LPSN stock.
• Despite efforts on operational improvements and growth opportunities, concerns about financial performance outweighed positive aspects, driving the bearish market movement.

29.01.2024 - LPSN Stock was down 48.4%

• LivePerson's stock dropped nearly 40% following a downgrade by Roth Capital, citing declining revenue, resulting in a considerable sell-off.
• The company posted a Q4 loss, falling short of revenue expectations, signaling potential financial hurdles.
• Revenue forecasts were reduced by Roth/MKM, amplifying pessimism around LivePerson, contributing to a sharp stock price decline.
• Despite surpassing revenue guidance amid difficulties, the market's response to LivePerson's financial performance and outlook was predominantly negative, causing a significant drop in stock price.

14.02.2024 - LPSN Stock was down 6.3%

• The collaboration between LivePerson and Infinity aimed at improving digital customer experiences received positive reception. However, the market expressed uncertainty due to the lack of specific financial implications.
• While LivePerson focuses on advancing conversational intelligence and boosting sales, the absence of clear metrics or projections disappointed investors.
• The bearish movement in the market may stem from traders taking profits after accumulating shares in anticipation of positive developments, causing a temporary decline in LPSN stock.
• References to oversold tech stocks in recent discussions could have redirected attention and capital away from LivePerson (LPSN), contributing to today's downward trend.

29.01.2024 - LPSN Stock was down 6.1%

• LivePerson faced a downgrade from Roth/MKM amid revenue forecast cuts, reflecting doubts about the company's future performance.
• Q4 results from LivePerson showed a loss and revenue figures below estimates, impacting investor confidence negatively.
• Despite surpassing revenue expectations, LivePerson's GAAP EPS fell short of projections, potentially contributing to the bearish market movement.
• The Q4 earnings report displayed a mixture of results, with revenue exceeding guidance while EPS missed expectations, causing uncertainty among investors and leading to the bearish market trend for LivePerson.

14.02.2024 - LPSN Stock was up 5.6%

• A partnership between LivePerson and Infinity to integrate data and improve digital customer conversations likely bolstered investor confidence in LivePerson's growth potential.
• LivePerson's initiative to incorporate conversational context from voice channels into digital conversations aims to drive personalization and ROI for brands, garnering increased attention from investors.
• The company's focus on revolutionizing conversational intelligence and providing valuable insights for marketers and sales teams may have generated optimism about future revenue streams.
• The positive overall sentiment towards tech stocks, reflected in the oversold status of some companies in the sector, could have played a role in the bullish movement of LivePerson's stock price.

05.02.2024 - LPSN Stock was down 6.7%

• LivePerson's stock saw a 40% drop following a downgrade by Roth Capital, who shifted their rating on the shares from Buy to Neutral. The reason behind this change was stated as declining revenue and a reduction in the price target for the shares.
• The company's fourth-quarter results and its outlook for the full year fell short of predictions, prompting worries about its revenue projections.
• Disappointing Q4 earnings, which included a loss and failure to meet revenue expectations, played a role in creating a negative sentiment around the stock.
• The market's response was significant to news of reduced revenue forecasts and the overall underwhelming financial performance. This led to a notable decrease in LivePerson's stock value.

12.02.2024 - LPSN Stock was down 6.3%

• The decline in Liveperson's stock price could be linked to company's new disclosed risk in the Corporate Activity and Growth realm, potentially sparking worries among investors regarding its future growth trajectory.
• The current market sentiment, exemplified by record highs in the Nasdaq Composite and S&P 500, indicates a growing risk appetite among investors. Nonetheless, strategic adjustments in specific stocks, like Liveperson, might be necessary to manage market turbulence effectively.
• Within the oversold tech sector, stocks like Liveperson offer potential investment opportunities due to undervaluation. However, mentions in cautionary assessments about strongly bearish stocks highlight the significance of proactive portfolio management during volatile market conditions.

06.02.2024 - LPSN Stock was down 13.3%

• LivePerson's stock dropped by almost 40% following a downgrade from Roth Capital, which revised the rating from Buy to Neutral due to declining revenue and a reduced price target.
• Newly identified risks in the Corporate Activity and Growth sector may have further impacted the stock's performance negatively.
• Market sentiment, particularly emphasizing strategic divestments and the importance of proactive portfolio management, likely influenced the bearish movement of LPSN.
• Investors exercising caution amid market volatility, coupled with downward revisions in the company's revenue outlook, probably intensified selling pressure on LivePerson's stock.