Pandora Media's Increasing User Base And How That Affects Its Stock
- Pandora Media had been experiencing a decline in user base due to increasing competition.
- This was countered by entering the automobile business which has helped the company increase its user base once again.
- The user base is expected to reach 120 million within the next 5-6 years.
- Stocks are likely to experience a 10% increase in price estimates if the user base increases to 120-140 million.