Pandora AS
PNDORA: XCSE (DNK)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
DKK 9,861.00 | Ddqmmt | Bnncfwjrl |
Pandora Earnings: Continues to Shine With Strong Revenue Growth, but Shares Now Fairly Valued
We are maintaining our fair value estimate for narrow-moat Pandora as the company delivered strong revenue and profit growth in the first quarter and raised its full-year guidance. At current levels, shares look fairly valued after rising more than 100% since 2022, when we were recommending the stock, trading in 5-star territory.