Analysts Set Expectations for PodcastOne Q2 Earnings

PodcastOne, Inc. (NASDAQ:PODC) – Equities researchers at Litchfield Hills Research dropped their Q2 2027 EPS estimates for PodcastOne in a note issued to investors on Wednesday, August 12th. Litchfield Hills Research analyst B. Sine now forecasts that the company will post earnings per share of ($0.02) for the quarter, down from their previous estimate of $0.03. The consensus estimate for PodcastOne’s current full-year earnings is ($0.09) per share. Litchfield Hills Research also issued estimates for PodcastOne’s Q4 2027 earnings at ($0.01) EPS and FY2027 earnings at ($0.09) EPS.

PodcastOne (NASDAQ:PODC) last posted its earnings results on Wednesday, August 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $16.12 million during the quarter, compared to analyst estimates of $17.76 million. PodcastOne had a negative net margin of 5.01% and a negative return on equity of 19.85%.

PODC has been the subject of several other research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PodcastOne in a research note on Wednesday, June 24th. Wall Street Zen downgraded shares of PodcastOne from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, PodcastOne currently has an average rating of “Reduce”.

PodcastOne Stock Down 3.2%

Shares of PODC opened at $2.74 on Monday. The company’s fifty day moving average is $3.85 and its 200-day moving average is $3.29. PodcastOne has a 12 month low of $1.30 and a 12 month high of $5.20. The firm has a market cap of $82.75 million, a price-to-earnings ratio of -22.83 and a beta of 2.15.

Hedge Funds Weigh In On PodcastOne

A number of institutional investors have recently modified their holdings of PODC. Dimensional Fund Advisors LP acquired a new stake in shares of PodcastOne in the first quarter worth $30,000. Permanens Capital L.P. acquired a new position in PodcastOne in the 2nd quarter valued at $45,000. Creative Planning acquired a new position in PodcastOne in the 2nd quarter valued at $49,000. Citadel Advisors LLC raised its holdings in PodcastOne by 267.5% in the 3rd quarter. Citadel Advisors LLC now owns 41,958 shares of the company’s stock worth $70,000 after acquiring an additional 30,541 shares during the period. Finally, NewEdge Advisors LLC bought a new position in PodcastOne in the 4th quarter worth $81,000. Institutional investors own 2.87% of the company’s stock.

Insiders Place Their Bets

In related news, Director D Jonathan Merriman bought 11,300 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was purchased at an average price of $2.80 per share, with a total value of $31,640.00. Following the completion of the transaction, the director directly owned 338,032 shares of the company’s stock, valued at $946,489.60. This trade represents a 3.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last three months, insiders purchased 35,300 shares of company stock valued at $116,700. 7.80% of the stock is currently owned by insiders.

PodcastOne Company Profile

PodcastOne is a leading digital audio network specializing in the development, production and distribution of original podcast programming. The company offers a diverse slate of exclusive shows spanning genres such as entertainment, sports, business, politics and lifestyle. Its content lineup features long-form interviews, narrative series and personality-driven talk formats designed to engage listeners across North America and beyond.

The company’s revenue model centers on advertising and branded content solutions.