P

Pandora Media Inc.

TMT


Presented:12/03/2014
Price:$19.15
Cap:$3.98B
Current Price:$52.18
Cap:$14.16B

Presented

Date12/03/2014
Price$19.15
Market Cap$3.98B
Ent Value$3.67B
P/E RatioN/A
Book Value$2.61
Div YieldN/A
Shares O/S208.90M
Ave Daily Vol7,390,000
Short Int10.88%

Current

Price$52.18
Market Cap$14.16B
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy, as well as offers Pandora One, a paid subscription service to listeners. It is also involved in the sale of displays, audio advertising, and video advertising products to advertisers for delivery on computer, mobile, and other connected device platforms. As of December 31, 2013, the company had approximately 200 million registered users; and 76.2 million active users. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

Publicly traded companies mentioned herein: Amazon.com Inc (AMZN), Apple Inc (AAPL), Facebook Inc (FB), Google Inc (GOOG), Pandora Media Inc (P)

Highlights

The presenter is long shares of Pandora Media (P), and believes the risk/ reward is favorable at present levels (~$19). He said, “Despite what bears say, P’s fundamentals are fine; while growth in users has moderated this year the company has all of the users it needs to be a significant business.” A problem with the stock, in the presenter’s opinion, is the fact that many investors and the Street view the company as an internet play. However, he believes P is a “media property that provides a better way to listen to music,” and with 76.5 million active users - and still growing - there is substantial upside potential.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.