Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
PodcastOne, Inc. operates as a prominent publisher and platform within the podcasting industry. The company delivers its content to audiences through various distribution channels, including its own website, Apple Podcasts, Spotify, Amazon Music, and numerous other podcasting outlets. Beyond traditional audio programs, PodcastOne's offerings encompass video podcasts (vodcasts), custom branded podcasts, consumer merchandise, and live events. Additionally, the firm is responsible for developing, owning, and managing LaunchPadOne, its dedicated self-publishing platform for podcasters. The organization, founded in 2013 and headquartered in Beverly Hills, California, was formerly known as Courtside Group, Inc. before rebranding as PodcastOne, Inc. in September 2023. It functions as a subsidiary of LiveOne, Inc.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overpriced on P/FC.
Target Price
The average target price of PODC is 6.01 and suggests 64.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr