Pandora Media, Inc. (NYSE:P) added 3.57% and closed its last session at $11.62. The stock has the market capitalization of $2.66 Billion with the total outstanding shares of 228.78 Million. Pandora Media, Inc.. has Analysts’ Mean Recommendation of 2.28 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 0.

Pandora Media, Inc. (NYSE:P) touched its 52-Week High of $16.23 on Dec 17, 2015 while it’s 52-Week Low of $7.1 on Feb 12, 2016. The company currently has Return on Assets of -22.6 percent, Return on Equity of -41.1% and Return on Investment of -17.2 percent. The stock currently showing Weekly Volatility of 3.98%% and Monthly Volatility of 3.86% Percent with Average True Range of 0.44 and Beta of -0.16.

The 26 analysts offering 12-month price forecasts for Pandora Media Inc have a median target of 14.00, with a high estimate of 22.00 and a low estimate of 8.00. The median estimate represents a +20.48% increase from the last price of 11.62.

Press Release:

The Company on 30 November released the second annual Top Thumb Hundred, a ranking of the 100 most thumbed up songs of the year that reflects our listeners’ favorite discoveries in 2016.

“Household names will always be a part of our Top Thumb Hundred, but we are especially proud that emerging artists, and specifically those we identified last year via our Artists to Watch list, have taken the spotlight on this year’s list,” said Lars Murray, Senior Vice President, Music Makers Group at Pandora. “Pandora continues to be the place where listeners hear music they already love, but our ability to also help them discover new artists and music is unparalleled and still growing.”

Company Profile:

Pandora Media, Inc. operates as a provider of Internet radio in the United States. It provides services to traditional computers, smartphones, such as Android phones, Blackberry phones and the iPhone.  When a listener enters a single song, artist, composer or genre to start a station, its mathematical algorithms combine the genes cataloged with individual and collective feedback to suggest songs and build personalized playlists. The Company also offers advertising solutions addressing advertising markets: online display, rich media and video, mobile and broadcast radio. Pandora Media, Inc., formerly known as Savage Beast Technologies Incorporated, is based in Oakland, California.