PodcastOne (PODC) Stock Price, News & Analysis

Company Overview

PodcastOne, Inc. operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform. The company was formerly known as Courtside Group, Inc. and changed its name to PodcastOne, Inc. in September 2023. PodcastOne, Inc. was founded in 2013 and is based in Beverly Hills, California. PodcastOne, Inc. is a subsidiary of LiveOne, Inc.

Key Stats

• Today's Range: $1.74 to $1.80
• 50-Day Range: $1.12 to $1.88
• 52-Week Range: $1.10 to $2.70
• Volume: 18,587 shs
• Average Volume: 38,567 shs
• Market Capitalization: $43.99 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.75
• Consensus Rating: Buy

PodcastOne Stock Analysis - MarketRank™

PodcastOne scored higher than 51% of companies evaluated by MarketBeat, and ranked 400th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

PodcastOne has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

PodcastOne has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for PodcastOne are expected to grow in the coming year, from ($0.27) to ($0.18) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PodcastOne is -6.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of PodcastOne is -6.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

PodcastOne has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.10% of the float of PodcastOne has been sold short.

Short Interest Ratio / Days to Cover

PodcastOne has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PodcastOne has recently increased by 11.43%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PodcastOne does not currently pay a dividend.

Dividend Growth

PodcastOne does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.10% of the float of PodcastOne has been sold short.

Short Interest Ratio / Days to Cover

PodcastOne has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PodcastOne has recently increased by 11.43%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.17

News Sentiment

PodcastOne has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for PodcastOne this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, PodcastOne insiders have bought more of their company's stock than they have sold. Specifically, they have bought $133,178.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 7.80% of the stock of PodcastOne is held by insiders.

Percentage Held by Institutions

Only 2.87% of the stock of PodcastOne is held by institutions.

PODC Stock Analysis - Frequently Asked Questions

How have PODC shares performed this year?

PodcastOne's stock was trading at $1.85 at the start of the year. Since then, PODC stock has decreased by 2.7% and is now trading at $1.80.
View the best growth stocks for 2024 here.

When did PodcastOne IPO?

PodcastOne (PODC) raised $0 in an initial public offering (IPO) on Friday, September 8th 2023. The company issued 10,300,000 shares at a price of $0.00 per share. Joseph Gunnar & Co. served as the underwriter for the IPO.

How do I buy shares of PodcastOne?

Shares of PODC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PodcastOne own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PodcastOne investors own include AFC Gamma (AFCG), American Lithium (AMLI), Algonquin Power & Utilities (AQN), Walt Disney (DIS), BOTS (BTZI), LiveOne (LVO) and Rolls-Royce Holdings plc (RYCEY).

Company Calendar

• Today: 11/21/2024
• Next Earnings (Estimated): 2/13/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:PODC
• Previous Symbol: NASDAQ:PODC
• CUSIP: N/A
• CIK: 1940177
• Web: www.podcastone.com
• Phone: 310-858-0888
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.75
• High Stock Price Target: $5.00
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +162.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.29)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-14,730,000.00
• Net Margins: -14.08%
• Pretax Margin: N/A
• Return on Equity: -42.22%
• Return on Assets: -28.14%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.10
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $43.30 million
• Price / Sales: 1.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.63 per share
• Price / Book: 2.87

Miscellaneous

• Outstanding Shares: 24,440,000
• Free Float: 22,532,000
• Market Cap: $44.23 million
• Optionable: No Data
• Beta: -2.48