|Bid||8.15 x 1800|
|Ask||8.16 x 2200|
|Day's Range||8.10 - 8.31|
|52 Week Range||4.09 - 9.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.54|
Jul.11 -- Roger Lynch, Pandora Media Inc. chief executive officer, talks about the company's plans to regain its footing in the music-streaming business. He speaks exclusively to Emily Chang on "Bloomberg Technology."
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes in JPMCC Commercial Mortgage Securities Trust, Commercial Mortgage Pass-Through Certificates, Series 2016-JP2, ...
Roger Lynch, Pandora Media Inc. chief executive officer, talks about the company's plans to regain its footing in the music-streaming business. He speaks exclusively to Emily Chang on "Bloomberg Technology." ...
Pandora Media Inc., which is working to regain its footing in the music-streaming business, is looking to get an edge in another audio category: podcasts. The company will expand its non-music content over the next year, Chief Executive Officer Roger Lynch said in an interview Wednesday with Bloomberg Television’s Emily Chang. “Think about what Pandora did for music discovery,” he said.
Nomura isn’t discouraged by a slowdown in global internet user growth. “Overall, we think there is still some room for growth in digital advertising for the foreseeable future,” analyst Mark Kelley said ...
Pandora A/S just had its best day on the stock market in a year. The move reflects skepticism toward speculation that Pandora might be forced to cut its full-year guidance, according to Per Hansen, an investment economist at Nordnet. “There’s a growing belief that there will be no profit warning after all,” he said in an email.
Instinet analyst Mark Kelley initiated coverage of Pandora Media Inc. (p) and Spotify Technology SA (spot) on Wednesday, starting Pandora with a neutral rating and labeling Spotify a buy. As for Spotify, Kelley sees the company as well positioned to negotiate favorable terms with the labels due to its role in "driving a music-industry recovery." Kelley has a $210 price target on Spotify's stock and an $8 price target on Pandora's stock. Spotify shares have gained 21% over the past three months, while Pandora shares have climbed 57% and the S&P 500 (spx) has risen 5.7%.
A company that was, at one point in time, a cutting-edge music option was struggling to turn a profit in an increasingly competitive industry. For the full year, revenue increased just 6% while the company’s GAAP net loss widened to $518 million, from $343 million the year before. Pandora stock has gained 68% so far this year — far better than the broader market.
Netflix is the household name in the world of online streaming media, but a number of other lesser-known names are starting to make some noise in the streaming space, posting big gains in recent months.
It should be a good time to invest in streaming music—and Spotify Technology (SPOT) is in the best position to benefit, according to MKM Partners. In a Monday note, the analysts at MKM—who have a “buy” rating and a $200 price target, 14% above current levels and ahead of FactSet’s consensus target, on the shares—examined Spotify’s major competitors in streaming music, suggesting a range of possible outcomes: • Apple (AAPL): “We think Apple will be a large player for subscription services, but that its base will be confined to a portion of those consumers still wedded to iTunes,” the analysts wrote.
Streaming music provider Pandora Media Inc (NYSE: P ) is the leader within the growing U.S. digital audio ad market, but a path toward long-term revenue growth and positive free cash flow isn't a certainty, ...
While Spotify (SPOT) is quietly cutting direct song licensing deals with independent musicians to grow and diversify its music library, Pandora (P) is busy cutting deals with distributors. Pandora is banking on distribution partnerships and advertising to drive growth. AT&T’s (T) recent move to launch new unlimited wireless plans has brought an opportunity for Pandora to grow its customer base and sales.
Pandora Media Inc. (p) shares are up 0.5% in Tuesday trading after Morgan Stanley analyst Benjamin Swinburne raised his price target to $8 from $6 but kept his equal-weight rating intact. "New management taking clear steps in right direction, but path to ad revenue growth and sustained [free cash flow] remains unclear," Swinburne wrote.
WallStEquities.com has issued research reports on The Liberty SiriusXM Group (NASDAQ: LSXMA), Entercom Communications Corp. (NYSE: ETM), Pandora Media Inc. (NYSE: P), and Sirius XM Holdings Inc. (NASDAQ: SIRI).
Shares of Spotify (SPOT) have climbed roughly 16% since the streaming music powerhouse went public in early April. But the industry Spotify helped popularize is more crowded these days. So let's evaluate Spotify as it tries to push further into video after it announced a splashy new hire on Tuesday.
Investors with a long-term horizong may find it valuable to assess Pandora Media Inc’s (NYSE:P) earnings trend over time and against its industry benchmark as opposed to simply looking atRead More...
Pandora (NYSE:P) has launched partnerships with Snap (NYSE:SNAP) and AT&T Inc (NYSE:T) that look poised to boost Pandora’s financial results and Pandora stock over the medium term. Within five years, Pandora stock should triple from current levels. Under the deal with AT&T, the company’s customers who subscribe to its new unlimited data plan will receive “Pandora Premium or one of a few other streaming services for free,” Marketwatch reported.
According to regulatory filings in California, Jay-Z and Roc Nation President Jay Brown are partnering with Walden Venture Capital’s managing director Larry Marcus on a new investment platform named Marcy Venture Partners. Marcus is a Silicon Valley venture capitalist who has previously invested in SoundCloud and Pandora Media Inc. ( P). The name of the fund presumably alludes to Jay-Z’s childhood home: the Marcy Houses, a public housing complex in Brooklyn.
Tuesday is an important day for streaming music service Pandora Media (P): It’s the first day its Premium service is available to customers of AT&T’s (T) ”Unlimited & More” wireless plan. The plan offers ...
Pandora announces a new arrangement with AT&TBloomberg NewsThe Pandora Media application is seen in the App Store on an Apple iPhone. Pandora Media Inc. is one of the best performers in tech this year, with shares up nearly 75%. On the heels of a new partnership arrangement with AT&T Inc. (XNYS:T) Pandora’s (XNYS:P) Chief Financial Officer Naveen Chopra spoke with MarketWatch about how relationships with other tech companies can help the streaming-music pioneer drive more listeners to its products.
Opendoor's gushing over Atlanta's tech community has one Atlanta booster saying that many Bay Area funds tell him they will not invest in California, New York or Massachusetts. The reasons: Deals in those markets are too pricey, tech talent is too expensive and it's hard to get in on the best deals.