Research Analysts Issue Forecasts for PodcastOne Q1 Earnings

PodcastOne, Inc. (NASDAQ:PODC) – Investment analysts at Litchfield Hills Research issued their Q1 2028 earnings estimates for shares of PodcastOne in a research note issued to investors on Wednesday, June 24th. Litchfield Hills Research analyst B. Sine anticipates that the company will post earnings per share of $0.03 for the quarter. The consensus estimate for PodcastOne’s current full-year earnings is $0.02 per share. Litchfield Hills Research also issued estimates for PodcastOne’s Q2 2028 earnings at $0.03 EPS, Q3 2028 earnings at $0.04 EPS and Q4 2028 earnings at $0.04 EPS.

PodcastOne (NASDAQ:PODC) last released its earnings results on Wednesday, June 24th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. PodcastOne had a negative net margin of 4.29% and a negative return on equity of 17.55%. The company had revenue of $15.67 million during the quarter, compared to analysts’ expectations of $15.15 million.

A number of other equities research analysts have also weighed in on the stock. Wall Street Zen raised shares of PodcastOne to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings restated a “sell (d-)” rating on shares of PodcastOne in a research note on Wednesday. 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, the company has a consensus rating of “Reduce”.

PodcastOne Trading Down 3.5%

NASDAQ PODC opened at $3.90 on Friday. The company has a fifty day simple moving average of $3.82 and a two-hundred day simple moving average of $2.92. The stock has a market cap of $107.21 million, a P/E ratio of -35.45 and a beta of 1.98. PodcastOne has a 12-month low of $1.30 and a 12-month high of $5.20.

Institutional Trading of PodcastOne

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC increased its stake in shares of PodcastOne by 168.2% in the first quarter. NewEdge Advisors LLC now owns 88,455 shares of the company’s stock worth $180,000 after acquiring an additional 55,473 shares during the period. Citadel Advisors LLC lifted its position in PodcastOne by 267.5% during the third quarter. Citadel Advisors LLC now owns 41,958 shares of the company’s stock valued at $70,000 after purchasing an additional 30,541 shares during the period. Creative Planning purchased a new stake in PodcastOne in the second quarter valued at $49,000. Finally, Dimensional Fund Advisors LP purchased a new stake in PodcastOne in the first quarter valued at $30,000. 2.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other PodcastOne news, Director D Jonathan Merriman purchased 7,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of $4.38 per share, for a total transaction of $30,660.00. Following the acquisition, the director owned 309,732 shares in the company, valued at $1,356,626.16. This represents a 2.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders purchased a total of 21,700 shares of company stock valued at $62,262 in the last 90 days. 79.40% of the stock is owned by corporate insiders.

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.