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Wall Street, Bob Peck At Odds Over Pandora
Friday, October 23, 2015 - 11:21am | 735Shares of Pandora Media Inc (NYSE: P) plunged to a new 52-week low on Friday of $11.50 and is now lower by nearly 45 percent from a year ago. Pandora reported an in-line third quarter, but lowered its full year revenue and EBITDA guidance and also announced a $90 million settlement....
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Bob Peck: Pandora Revenue Has Even More Potential Than Previously Thought
Wednesday, August 12, 2015 - 2:27pm | 366In a report published Wednesday, SunTrust Robinson Humphrey analyst Bob Peck discussed Pandora Media Inc (NYSE: P)'s revenue potential from its Sponsored Listening ad unit which is set to be rolled out in the third quarter. Pandora's ad unit allows the listener to take advantage of one...
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Does Apple Music Help Or Hurt Pandora? Morgan Stanley Has An Answer
Thursday, July 9, 2015 - 8:22am | 380In a report published Thursday, Morgan Stanley analyst Benjamin Swinburne discussed why Pandora Media Inc (NYSE: P)'s risk to reward profile is improving despite growing competition and uncertainty regarding an upcoming Copyright Royalty Board (CRB) ruling. Shares of Pandora remain Equal weight...
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Wall Street Reacts To Pandora's Federal Rate Court Loss
Monday, May 18, 2015 - 11:16am | 389Shares of Pandora Media Inc (NYSE: P) continued trading in negative territory Monday morning after a Federal rate court Judge Louis L. Stanton ruled that the company should increase its publishing royalty rate to BMI from 1.75 percent of revenue of 2.5 percent. JMP Securities: Unfavorable...
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What's To Like About Pandora's Latest Earnings?
Monday, April 27, 2015 - 11:58am | 322In a report published Monday, Barrington Research analyst Jeff Houston commented on Pandora Media Inc (NYSE: P)'s first quarter results, noting that the company's strong performance was driven by accelerated listener engagement, mobile monetization and business-model leverage. Shares remain...
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Michael Pachter Lifts Estimates On Pandora Amid Listener Hour Growth
Friday, April 24, 2015 - 8:26am | 381In a report published Thursday, Wedbush analyst Michael Pachter commented on Pandora Media Inc (NYSE: P)'s first quarter results, noting a "solid" growth in listener hours and a better than expected local advertising and subscription revenue drove upside. Pachter noted that...
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Morgan Stanley On Pandora: 'We Know What We Don't Know'
Monday, April 20, 2015 - 12:01pm | 298In a report published Monday, Morgan Stanley analyst Benjamin Swinburne commented that a "wide range" of Copyright Royalty Board (CRB) royalty rate outcomes later this year makes valuing shares of Pandora Media Inc (NYSE: P) "challenging." "Our gut is despite the rhetoric, labels do not want its $...
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SunTrust's Bob Peck Offers Scenarios For Pandora's Copyright Royalty Board Ruling
Tuesday, April 7, 2015 - 8:51am | 154In a report published Tuesday, SunTrust Robinson Humphrey analyst Bob Peck detailed how Pandora Media Inc (NYSE: P) could preserve $100 million in profit even in an unfavorable Copyright Royalty Board (CRB) ruling that is expected by year- end. According to Peck's proprietary analysis, market...
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2 Reasons Pandora Bulls Might Lose The Long-Term Battle
Monday, April 6, 2015 - 3:07pm | 279In a report published Monday, Axiom Capital Management analyst Victor Anthony initiated a Hold rating on shares of Pandora Media Inc (NYSE: P), noting there is a lot of uncertainty surrounding the company's future. Anthony offered two arguments that highlight uncertainty and clouds the long...
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Pandora Analyst Asks: What's Different Now?
Monday, March 9, 2015 - 10:35am | 275In a report published Monday, Needham analyst Laura Martin commented on Pandora Media Inc.'s (NYSE: P) Analyst Day that detailed three new strategies that could result in upside valuation if they are well executed. Martin noted that the strategies focus on international expansion, closer...