Wall Street Sees a 216% Upside to Liberty Global (LBTYK)

Liberty Global Ltd. (NASDAQ:LBTYK) is one of the best stocks to buy according to Seth Klarman. As of December 12, the average price target for LBTYK suggests an upside of 22%; however, the Street high indicates an upside of 216%. According to the Q3 13F filings, Seth Klarman’s hedge fund owns 21.65 million Class C common shares of Liberty Global, valued at approximately $254.5 million and accounting for 5.31% of the total portfolio.

On December 4, analyst David Wright from BofA Securities assigned a Sell rating on Liberty Global Ltd. (NASDAQ:LBTYK), along with a price target of $13.90.

Previously, on November 25, Liberty Global stated that it had planned an investment in ElevenLabs, which is one of the top voice AI companies worldwide. Its expertise includes text-to-speech features in an AI platform that provides chat agents, voice output, and voiceovers.

This investment will enable ElevenLabs to scale its voice model worldwide, with support from partners including Salesforce, Bertelsmann, Just Eat, Klarna, and Synthesia. The investment is made through the company’s technology investment arm, Liberty Global Ventures, one of many prominent investors strengthening ElevenLabs’ growth trajectory.

A Partner at Liberty Global Ventures, Rebecca Hunt, commented regarding this planned investment:

“Voice is becoming the next major interface for technology, and ElevenLabs is defining what’s possible in this space. The investment continues our track record of providing early backing for transformational tech infrastructure companies; we are honoured to be backing this category-defining team.”

Liberty Global Ltd. (NASDAQ:LBTYK), established in 2004 and based in Bermuda, offers broadband internet, TV, mobile, and fixed-line phone services to both households and businesses.

While we acknowledge the risk and potential of LBTYK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LBTYK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure. None.