|Day's Range||9.43 - 9.88|
|52 Week Range||6.76 - 14.98|
|PE Ratio (TTM)||-6.25|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Pandora Media's (P) Q2 earnings are likely to be driven by strategic measures undertaken for a turnaround
Pandora Media (P) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP ahead of earnings.
Since my previous column on Pandora Media Inc (NYSE:P), the market seems to have become much more optimistic about Pandora stock. On July 24, CNBC reported that activist investor Jana Partners had purchased an undisclosed stake in Pandora stock. According to CNBC, which cited an unnamed source, Jana believed that P stock was undervalued and felt that the company’s ad revenue could increase.