Q2 EPS Estimates for PodcastOne Reduced by Analyst

PodcastOne, Inc. (NASDAQ:PODC) – Stock analysts at Litchfield Hills Research dropped their Q2 2027 earnings per share estimates for shares of PodcastOne in a research note issued on Wednesday, August 12th. Litchfield Hills Research analyst B. Sine now forecasts that the company will post earnings of ($0.02) per share 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 released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.05) EPS for the quarter. The company had revenue of $16.12 million during the quarter, compared to the consensus estimate of $17.76 million. PodcastOne had a negative net margin of 5.01% and a negative return on equity of 19.85%.

A number of other analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of PodcastOne from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings restated a “sell (d-)” rating on shares of PodcastOne in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

PodcastOne Price Performance

Shares of PODC opened at $2.83 on Monday. The business has a 50-day moving average of $3.88 and a 200-day moving average of $3.28. The company has a market capitalization of $85.46 million, a price-to-earnings ratio of -23.58 and a beta of 2.15. PodcastOne has a 1 year low of $1.30 and a 1 year high of $5.20.

Insiders Place Their Bets

In other news, Director D Jonathan Merriman purchased 17,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average cost of $3.20 per share, with a total value of $54,400.00. Following the purchase, the director owned 326,732 shares in the company, valued at $1,045,542.40. This represents a 5.49% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders purchased 35,300 shares of company stock worth $116,700. 7.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PodcastOne

A number of hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC raised its position in shares of PodcastOne by 267.5% during the third quarter. Citadel Advisors LLC now owns 41,958 shares of the company’s stock worth $70,000 after purchasing an additional 30,541 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of PodcastOne by 168.2% in the 1st quarter. NewEdge Advisors LLC now owns 88,455 shares of the company’s stock worth $180,000 after purchasing an additional 55,473 shares in the last quarter. Creative Planning acquired a new stake in PodcastOne in the 2nd quarter valued at $49,000. BlackRock Inc. acquired a new stake in PodcastOne in the 2nd quarter valued at $280,000. Finally, Permanens Capital L.P. acquired a new stake in PodcastOne in the 2nd quarter valued at $45,000. Institutional investors and hedge funds own 2.87% of the company’s stock.

About PodcastOne

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.