Pandora Media Company Profile (NYSE:P)

Pandora Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "P."

Pandora Media, Inc. (NYSE:P) announced its quarterly earnings data on Monday, July, 31st. The company reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.08. The business had revenue of $376.83 million for the quarter, compared to analyst estimates of $367.51 million. Pandora Media had a negative net margin of 39.90% and a negative return on equity of 58.81%. The company's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.12) earnings per share. View Pandora Media's Earnings History.

Pandora Media is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Pandora Media.

37 equities research analysts have issued 12-month price objectives for Pandora Media's stock. Their forecasts range from $7.00 to $19.00. On average, they anticipate Pandora Media's stock price to reach $11.90 in the next twelve months. View Analyst Ratings for Pandora Media.

Here are some recent quotes from research analysts about Pandora Media stock:

• 1. FBR & Co analysts commented, "In this note we outline three ways for P , under the incoming Liberty/Sirius leadership, to generate meaningful upside to our base case SOTP argument for an $11 stock, or to limit downside risk." (6/26/2017)
• 2. Aegis analysts commented, "We readily admit that there are challenges, but we see greenshoots for the businesses, coupled with the discipled management of Liberty Media, the makes the risk-reward to owning the shares at the current depressed share price, compelling. Ad Supported. While we expect continued pressure on active users and listener hours in 2Q17, app tracking data has shown strengthening usage in May and June over levels in April. Pandora has opportunity to increase ad RPMs through a combination of increasing ad loads, increasingly monetizing auto and CE, the addition of programmatic in 2H17, video ads, and increasing premium direct pricing." (6/14/2017)
• 3. Macquarie analysts commented, "We remain skeptical that Verizon could pursue one or both of these assets, but think it’s worth considering and could push things along between SIRI-P. We remain Neutral on Pandora as share movement is now largely driven by the whims of M&A." (6/6/2017)
• 4. Piper Jaffray Companies analysts commented, "Pandora shares remain under pressure as Liberty and SiriusXM continue to flip-flop in their public stance on takeover prospects. While we continue to believe that Liberty/SiriusXM remains a potential buyer, the price will likely depend on the success of Pandora's new Premium and Plus offerings. To that end, we conducted a second survey of Pandora users, to reassess consumer demand for the products amid recent competitive actions by Amazon and Spotify. Our survey focused on the intent of current Pandora users to subscribe to the enhanced Pandora Plus ($5 per month) plan and the full-featured on-demand Pandora Premium service ($10 per month). We found demand from current Pandora listeners for the Pandora Premium remained largely unchanged at 15%; however, interest in Pandora Plus has diminished from 28% to 14%. The survey continues to illustrates meaningful pentup demand for Pandora's new offerings, supporting our positive outlook on the shares." (3/22/2017)
• 5. Wells Fargo & Company analysts commented, "We analyze this data monthly to check for significant deviations from run-rate uses to build our full quarter estimate for ad-supported hours. We remind investors that with the increased focus on driving subscriptions of Pandora’s ad-free Plus product and the impending roll-out of Pandora’s full on-demand product Pandora Premium, ad- supported hours growth will over time become a less important driver of total company revenue growth. Based on our analysis, we remain confident in our current 1Q hrs forecast and leave our estimates, Market Perform rating, and $12- $14 valuation range unchanged." (3/16/2017)

Pandora Media saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 81,229,491 shares, an increase of 1.1% from the August 15th total of 80,378,728 shares. Based on an average daily trading volume, of 4,506,045 shares, the short-interest ratio is presently 18.0 days. Approximately 34.2% of the shares of the company are short sold.

Some companies that are related to Pandora Media include AU Optronics Corp (AUO), Blackbaud (BLKB), Entegris (ENTG), Scientific Games Corp (SGMS), Inmarsat Plc, London (IMASY), Trivago N.V. ADS (TRVG), Nutanix (NTNX), ViaSat (VSAT), j2 Global (JCOM), Yelp (YELP), Integrated Device Technology (IDTI), InterXion Holding N.V. (INXN), Casio Computer (CSIOY), Cirrus Logic (CRUS), Silicon Laboratories (SLAB), Lumentum Holdings (LITE), CACI International (CACI) and Pure Storage (PSTG).

Pandora Media's management team includes the folowing people:

• Joseph J. (Joe) Kennedy, Chairman, President, and CEO
• Steven M. (Steve) Cakebread, CFO
• Thomas (Tom) Conrad, EVP, Product and CTO
• Naveen Kumar Chopra, Chief Financial Officer
• Kristen O. Robinson, Chief Human Resource Officer
• David Gerbitz, Executive Vice President - Revenue Operations
• Christopher Martin, Chief Technology Officer
• Karen Walker, Chief Accounting Officer, Principal Accounting Officer
• Nicholas Bartle, Chief Marketing Officer
• Stephen G. Bene, General Counsel, Corporate Secretary

Pandora Media's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Matrix Capital Management Company LP (9.61%), Vanguard Group Inc. (7.44%), Crosslink Capital Inc. (3.04%), First Trust Advisors LP (2.96%), Ontario Teachers Pension Plan Board (2.90%) and Balyasny Asset Management LLC (1.79%). Company insiders that own Pandora Media stock include Christopher Douglas Martin, Christopher W Phillips, Crosslink Capital Inc, David Gerbitz, John Trimble, Michael S Herring, Stephen G Bene and Timothy Leiweke. View Institutional Ownership Trends for Pandora Media.

Pandora Media's stock was sold by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Macquarie Group Ltd., Zevenbergen Capital Investments LLC, Alliancebernstein L.P., Balyasny Asset Management LLC, Sumitomo Mitsui Asset Management Company LTD, Artisan Partners Limited Partnership and Russell Investments Group Ltd.. Company insiders that have sold Pandora Media stock in the last year include Christopher Douglas Martin, Christopher W Phillips, David Gerbitz, John Trimble, Michael S Herring and Stephen G Bene. View Insider Buying and Selling for Pandora Media.

Pandora Media's stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., First Trust Advisors LP, Nordea Investment Management AB, Locust Wood Capital Advisers LLC, SLS Management LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Vanguard Group Inc. and AidennLair Capital Management LP. Company insiders that have bought Pandora Media stock in the last two years include Crosslink Capital Inc, Michael S Herring and Timothy Leiweke. View Insider Buying and Selling for Pandora Media.

Shares of Pandora Media can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Pandora Media stock can currently be purchased for approximately $8.23.