|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||8.17 - 8.39|
|52-week range||4.09 - 9.98|
|PE ratio (TTM)||N/A|
|Earnings date||31 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.67|
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.
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%.
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.
HAMILTON, BERMUDA--(BUSINESSWIRE)-- Belmond Ltd. (NYSE: BEL) (the “Company”) will release its second quarter 2018 financial results on Wednesday, August 8, 2018 after the market closes and will host a ...
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.
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...
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.
MARKET PULSE Shares of Electronic Arts Inc. (ea) are up 1.5% in premarket trading Friday after Needham analyst Laura Martin raised her price target on the stock to $170 from $135 and wrote that the company was in the midst of building the "Netflix for games.
Snapchat parent Snap (SNAP) and Pandora (P) have partnered in what seems to be a move to benefit from the other’s strength to tackle their respective competition and grow their businesses. Pandora is bringing its music service to Snapchat, allowing Pandora subscribers to send their favorite songs to friends and family across Snapchat. The partnership with Snapchat gives Pandora an opportunity to reach a larger audience, which could, in turn, expand its revenue opportunities.
Shares of Pandora Media Inc. are up 2.1% in Thursday morning trading after the company said it has a new partnership with Snapchat parent Snap Inc. . "Soon, Pandora listeners will be able to send their favorite songs to friends and family through unique song cards that celebrate album art on top of an animated background, and receivers will be able to swipe up to listen directly on Pandora," the music-streaming company said in a release. "This integration will expand Pandora's social sharing capabilities by reaching Snapchat's massive audience while enhancing music discovery across both platforms." The feature will soon be available to U.S. users and is part of Snap's new Snap Kit developer platform.
Pandora (NYSE:P), the largest music streaming service in the U.S., today announced that it will team up with Snap Inc. as the music streaming launch partner for Snap Kit, Snap’s new platform for developers.
Music streaming company Pandora (P) has launched a family version of its premium service for $14.99 per month. An annual subscription of the family version is also available at an annual $164.98 fee, which would save users a month’s subscription fee annually. Pandora is far behind Spotify (SPOT) and Apple (AAPL) Music in terms of paid subscribers, as the graph below shows. Pandora’s new family plan could help it compete with Apple Music and Spotify, which already offer family deals at an identical price.
Pandora (P) launched Family Plan for Pandora Premium to withstand growing competition from players like Apple Music, Spotify, Google and Amazon.
Media streaming company Pandora launches new family subscription plan "with a twist," says CEO Roger Lynch.
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."