P - Pandora Media, Inc.

NYSE - NYSE Delayed Price. Currency in USD
8.59
+0.05 (+0.59%)
At close: 4:01PM EST
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Previous Close8.54
Open8.54
Bid8.07 x 1400
Ask10.00 x 900
Day's Range8.49 - 8.64
52 Week Range4.09 - 10.07
Volume3,975,474
Avg. Volume7,789,879
Market Cap2.331B
Beta (3Y Monthly)0.85
PE Ratio (TTM)N/A
EPS (TTM)-1.40
Earnings DateFeb 19, 2019 - Feb 25, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est9.41
Trade prices are not sourced from all markets
  • Business Wire2 days ago

    Pandora Launches Voice Mode in Mobile App

    Pandora (NYSE:P), the largest streaming music provider in the U.S., today introduced Voice Mode, a new, native smart assistant that allows listeners to control Pandora’s mobile app and enjoy new music discovery using simple voice commands, providing an intuitive, hands-free experience tailored for the unique tastes of each user. Starting today, Pandora will roll out access to Voice Mode to select listeners on iOS and Android, with general availability for all mobile users coming soon. “Pandora is the leader in personalized audio entertainment, and millions of our listeners are already loving the experience we’ve created on smart speakers and other voice-enabled connected devices,” said Chris Phillips, Chief Product Officer, Pandora.

  • Markit2 days ago

    See what the IHS Markit Score report has to say about Pandora Media Inc.

    # Pandora Media Inc ### NYSE:P View full report here! ## Summary * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is low for P with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $4.57 billion over the last one-month into ETFs that hold P are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Business Wire3 days ago

    Pandora Celebrates TRAP Karaoke in Los Angeles

    Pandora (NYSE:P) has teamed with TRAP Karaoke to bring an unforgettable live experience like none other. Pandora, the largest streaming music provider in the U.S., is known for connecting fans directly with the artists through the Pandora LIVE series. TRAP Karaoke is known for putting fans at the center of the concert experience by bringing them closer to artists and music they love.

  • The Wall Street Journal6 days ago

    [$$] 5G, Robot Delivery Dogs and a Google Ad Blitz: What CMOs Found at CES

    Many marketers’ yearly calendars revolve around two major industry events: the Cannes Lions International Festival of Creativity every summer on the French Riviera, and the CES consumer electronics show, which took place in Las Vegas this week. While many of the same marketers, agencies and media companies attend both, the events play out differently.

  • Does Tencent Music Entertainment Have Bright Future?
    Market Realist7 days ago

    Does Tencent Music Entertainment Have Bright Future?

    The Latest from Media Disruptors: SPOT, NFLX, TME, and AAPL (Continued from Prior Part) ## Stock has decent upside potential Tencent Music Entertainment (TME) held its IPO in December, pricing shares at $13 and raising $1.1 billion. The debut struck a chord with investors, as the stock jumped 8.0% on its first day of trading. What does the future hold for Tencent Music? As Investor’s Business Daily reported, Wall Street firm KeyBanc Capital Markets recently initiated coverage of Tencent Music stock with an “overweight” rating and a $19 price target, suggesting upside potential of more than 46% over the stock’s $13 closing on January 8. ## Monetizing the audience According to KeyBanc, Tencent Music has a massive opportunity ahead, particularly in its domestic market of China. Tencent Music, with its more than 800 million active users, bills itself as China’s top online music platform. Tencent Music monetizes this audience in various ways including selling music subscriptions and advertising. Pandora (P) and Spotify (SPOT) also monetize their music audiences through subscription sales and advertising. ## 36% annual revenue growth KeyBanc predicts Tencent Music could grow its revenue at the rate of 36% annually from 2018 through 2020. Tencent Music’s revenue rose 65% YoY to $722.2 million in the third quarter of 2018. Pandora and Spotify grew their revenues by 16% and 31% YoY, respectively, in the third quarter. Amazon (AMZN), another online music provider, grew its revenue by 29% YoY in the third quarter. Tencent Music separated from Tencent Holdings (TCEHY), the Chinese Internet giant that also owns a stake in Spotify. Continue to Next Part Browse this series on Market Realist: * Part 1 - Spotify Steps Up Efforts to Monetize Free Listeners * Part 2 - Why Netflix Hired Expensive CFO * Part 4 - What’s Apple Plotting in Media Space?

  • Business Wire7 days ago

    Pandora Blitzes Into 2019 Kicking Off Big Game Weekend in Atlanta

    Pandora (NYSE:P) makes their first down of the year in Atlanta, Georgia on January 31st at the Bud Light Dive Bar at The Tabernacle with a free concert to kick off the weekend of The Big Game. The largest streaming music provider in the U.S. is proud to present hometown favorites, Zac Brown Band as part of their Pandora LIVE series. Fans who are 21 years old and older can directly RSVP for free, listeners can click HERE.

  • Spotify Steps Up Efforts to Monetize Free Listeners
    Market Realist7 days ago

    Spotify Steps Up Efforts to Monetize Free Listeners

    The Latest from Media Disruptors: SPOT, NFLX, TME, and AAPL ## Spotify bringing sponsored ads to Discover Weekly playlist Spotify (SPOT) has begun testing a new type of ad format that allows brands to sponsor its Discover Weekly playlist, according to Rolling Stone. The Discover Weekly sponsorship program will allow brands to insert audio or video ads between songs on Spotify’s free service. This move shows that Spotify is stepping up efforts to monetize its free listeners. Microsoft (MSFT) kicked off the Discover Weekly sponsorship with ads promoting its artificial intelligence technology. Spotify’s Discover Weekly delivers a personalized playlist of songs, and it updates every Monday. ## Majority of Spotify customers are free listeners Spotify exited the third quarter of 2018 with 109 million free listeners and 87 million paying subscribers. Pandora (P) and Apple have 6.8 million and 40 million paying listeners, respectively, according to their latest updates. Pandora is in the process of merging with Sirius XM (SIRI) in what could result in stronger competition for Spotify in the music market. ## Only 10% of revenue came from ad sales Spotify monetizes its free listeners by getting them to view or listen to ads. Although the vast majority of Spotify’s listeners are on the ad-supported service, advertising sales accounted for just 10% of the company’s total revenue in the third quarter. Bringing sponsored ads to Discover Weekly’s personalized playlist could help Spotify capture more advertising dollars and diversify its revenue sources. In an effort to reach more listeners, Spotify last year secured a deal that makes it the preferred music app on Samsung (SSNLF) devices. It is also one of the default music apps on Facebook’s (FB) Portal device. Spotify generated $1.6 billion in revenue in the third quarter. Continue to Next Part Browse this series on Market Realist: * Part 2 - Why Netflix Hired Expensive CFO * Part 3 - Does Tencent Music Entertainment Have Bright Future? * Part 4 - What’s Apple Plotting in Media Space?

  • TheStreet.com8 days ago

    Sirius XM Is Carving Out a Bottom in January

    Sirius XM closed down Wednesday 4.57% at $6.06, dropping after announcing year-end subscriber numbers and updating 2019 guidance. The results were strong overall, with Sirius XM hitting 34 million subscribers and topping its own self-pay subscriber expectations by approximately 40%. Longer term, though, Sirius looks like it's carving out a bottom this January.

  • Will Sirius XM Move Higher For 11 Years in a Row?
    Motley Fool8 days ago

    Will Sirius XM Move Higher For 11 Years in a Row?

    The satellite radio provider closed out 2018 in hearty fashion, and we're now weeks away from Pandora joining the fold.

  • MarketWatch9 days ago

    Sirius stock ticks lower following outlook

    Sirius XM Holdings Inc. ticked lower in the extended session Tuesday after the satellite radio company issued forecasts for this year and the next. Sirius shares declined 0.9% after hours, following a 2.1% gain to close at $6.35 a share Tuesday. The company said it "expects to meet or exceed its 2018 guidance" for revenue, free cash flow, and adjusted earnings before interest, tax, depreciation and amortization. In late October, Sirius forecast self-pay net subscriber additions of about 1.28 million for the year, revenue of about $5.73 billion, adjusted EBITDA of about $2.2 billion, and free cash flow of about $1.5 billion. Analysts surveyed by FactSet estimate self-pay net subscriber additions of 1.32 million, revenue of $5.75 billion, adjusted EBITDA of $2.17 billion, and free cash flow of $1.53 billion. For 2019, Sirius XM said it expects self-pay net additions "approaching 1 million," revenue of about $6.1 billion, adjusted EBITDA of about $2.3 billion, and free cash flow of about $1.6 billion. Analysts expect self-pay net additions of 1.1 million, revenue of $6.07 billion, adjusted EBITDA of $2.35 billion, and free cash flow of $1.69 billion. The company said its guidance does not include the effect of its expected acquisition of Pandora Media Inc. in the first quarter. Sirius is scheduled to report fourth-quarter results on Jan. 30.

  • Better Buy: Sirius XM Holdings vs. Pandora
    Motley Fool9 days ago

    Better Buy: Sirius XM Holdings vs. Pandora

    The two audio entertainment giants may be coming together in 2019, but this doesn't mean that buying one stock is the same as buying the other.

  • East Bay startup eyes larger HQ as it helps retailers compete against Amazon
    American City Business Journals10 days ago

    East Bay startup eyes larger HQ as it helps retailers compete against Amazon

    The Berkeley company raised $12 million in its first venture round to help major retailers use technology to operate more efficiently. Think of Amazon Go stores, but on a larger scale.

  • Benzinga15 days ago

    JPMorgan Turns Bullish On Sirius XM As Pandora Deal Nears Completion

    Sirius XM Radio Inc. (NASDAQ: SIRI ) should see stronger growth from its acquisition of Pandora, according to a newly bullish JPMorgan.  The Analyst Analyst Sebastiano Petti upgraded Sirius XM from Underweight ...

  • Sirius XM Radio Stock Upgraded: What You Need to Know
    Motley Fool15 days ago

    Sirius XM Radio Stock Upgraded: What You Need to Know

    Many investors objected to Sirius' Pandora purchase. JPMorgan doesn't.

  • TheStreet.com15 days ago

    Sirius XM Holdings Is Upgraded at JPMorgan Chase

    rose 1.4% to $5.79 on Wednesday after JPMorgan Chase & Co. raised its rating of the satellite radio company to overweight from underweight. JPMorgan also lifted its stock price target to $7. In September, Sirius announced that it had reached a deal to acquire online streaming service Pandora Media Inc.

  • MarketWatch15 days ago

    Sirius upgraded on valuation, as J.P. Morgan swings to bullish from bearish

    Shares of Sirius XM Holdings Inc. slipped 0.2% in premarket trade Wednesday, amid a sharp selloff in the broader market, while J.P. Morgan swung to bullish from bearish on the radio services provider, citing a now attractive valuation ahead of the closing of the Pandora Media Inc. acquisition. The rating was raised to overweight, after being at underweight since January 2018. The stock price target was lifted to $7, which is 23% above Monday's closing price of $5.71, from $6. Following the recent stock selloff, J.P. Morgan said it views Siri's valuation as attractive at current earnings multiples, ahead of initial 2019 guidance expected this month and ahead of the Pandora deal close. Since closing at a 12 1/2-year high of $7.64 on June 18, the stock had tumbled 25% through Monday, while the S&P 500 lost 9.6% over the same time. "We look for SIRI's strong results year-to-date to persist in 4Q18 and 2019 and believe the Pandora acquisition can augment growth in new and existing segments," J.P. Morgan analysts wrote in a note to clients.

  • Why Apple Music Is Going to Look Different in 2019
    Market Realist16 days ago

    Why Apple Music Is Going to Look Different in 2019

    Apple (AAPL) is phasing out Connect, the social network feature that allows artists to share photos, videos, and other content with their fans on the Apple Music app. It’s a move that will cause Apple Music to undergo some changes in 2019. Apple stopped accepting new posts on Connect on December 13, and its existing posts will be removed by mid-2019, according to an article by 9to5Mac.

  • 3 Stocks Under $10 to Buy in 2019
    Motley Fool17 days ago

    3 Stocks Under $10 to Buy in 2019

    Satellite radio, a fledgling social app publisher, and a headline-generating beverage distributor could all have a big year ahead.

  • Another Tencent-Backed Firm Gearing Up for IPO
    Market Realist22 days ago

    Another Tencent-Backed Firm Gearing Up for IPO

    Internet Sector Updates: SQ, BIDU, and TCEHY(Continued from Prior Part)Futu trading volume soared 15 times in three years Tencent’s (TCEHY) music streaming business, Tencent Music Entertainment (TME), went public in the United States earlier this month.

  • Could Sirius XM Be a Millionaire-Maker Stock?
    Motley Fool22 days ago

    Could Sirius XM Be a Millionaire-Maker Stock?

    The satellite radio provider should continue beating the market -- with or without Pandora at its side.

  • PR Newswire24 days ago

    SiriusXM Files Definitive Proxy Statement/Prospectus; Pandora Schedules Special Meeting of Stockholders to Vote on Merger

    Pandora's special meeting of stockholders to vote on the transaction is scheduled to be held on January 29, 2019.  Stockholders of record as of the close of business on November 30, 2018 will be entitled to vote at the special meeting in person or by proxy.  No vote of Sirius XM stockholders is required in connection with the merger. The transaction has been unanimously approved by both the board of directors of SiriusXM and the independent directors of Pandora.  The Pandora board of directors recommends that the Pandora stockholders vote "FOR" the merger agreement and "FOR" each of the other proposals described in the proxy statement/prospectus.

  • Why Profit Isn’t Spotify’s Priority at the Moment
    Market Realist24 days ago

    Why Profit Isn’t Spotify’s Priority at the Moment

    Speaking to Arabian Business, Spotify’s (SPOT) Middle East and Africa head Claudius Boller said the company is not currently focusing on profitability, but rather on growing its user base and educating artists on how they can monetize their work. This strategy is not new at Spotify. In the lead-up to the company’s public listing in April, Spotify leaders talked about the need to prioritize growth over profits to fend off competition from the likes of Apple and Amazon (AMZN).

  • American City Business Journals24 days ago

    Top film and entertainment stories in Georgia of 2018

    Film and entertainment continued to be an integral part of Georgia's growing economy in 2018, and shows few signs of slowing down. Below are the Top 10 film and entertainment business stories of 2018, in no particular order: Marvel is not "abandoning" Georgia, according to a company executive. Meanwhile, Kendrick Lamar became the first College Football Playoff National Championship halftime performer during the National Championship game at Mercedes-Benz Stadium.

  • InvestorPlacelast month

    2 Risks That Could Affect the Future Apple App Store Revenue

    With the company increasingly looking to Services division revenue to pick up the slack from slowing iPhone sales, it’s worth taking a deep dive on this App Store top 10 list. There are trends here that could impact Apple stock in 2019. Business Insider used data from Sensor Tower (a company that tracks the mobile app industry) to put together a list of the top 10 highest grossing iOS apps of 2018.

  • Why Pandora Is Drawn to Podcast Business
    Market Realistlast month

    Why Pandora Is Drawn to Podcast Business

    Earlier this month, Pandora launched a personalized podcast recommendation service, where it leverages artificial intelligence capabilities to help its listeners discover podcasts that are unique to their taste. With this personalized recommendation service, Pandora hopes to make podcast discovery effortless for its subscribers and hopefully pull more podcast fans to its platform. The recommendation service could help Pandora kill two birds with one stone.