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What happened with AUUD today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

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Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

AUUD in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
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Company

Company overview

Auddia Inc. has moved from charging consumers for radio listening to a subscription model aimed at artists and labels seeking an audience for their music. Its Discovr Radio platform lets customers upload songs, manage promotional campaigns and receive performance reports. Those campaigns reach listeners through faidr, where music-station AM/FM streams are available without a required consumer subscription.

faidr buffers radio streams and uses AI to distinguish commercials, songs and DJ conversation. It can skip content selected by listeners and replace it with Discovr Radio songs matched to the station and listener, including during commercial breaks. The promotion business therefore depends on attracting and retaining faidr listeners as well as paying music-industry customers.

The new subscription business is still being established, and Auddia needs additional financing to complete and scale its products. Its listening features also depend on music rights: the company considers user-initiated buffering lawful time-shifting, but a contrary court ruling could force it to disable features. It has not secured content-provider rights for on-demand listening.

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Source: SEC filing

Red flags

Know what’s buried in AUUD’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

AUUD says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

  • Competition
  • Shared drivers
  • Supplier
  • Customer

Auddia’s future revenue hinges on winning paying artists and labels for Discovr Radio and growing faidr’s audience against closer radio-listening rivals TuneIn, iHeart and Audacy.

  • Spotify competes with Auddia for music listeners and artists seeking discovery: Spotify sells listening subscriptions, while Auddia seeks payment from artists and labels to place songs in faidr’s AM/FM streams through Discovr Radio. Watch Spotify’s tools for helping artists reach fans—their appeal challenges Auddia’s ability to win promotion customers.

  • Alphabet competes with Auddia on both sides: YouTube Music vies with faidr for music listeners, while YouTube gives artists another channel to get discovered and pay to promote their music.

Agenda

in 2 daysThu, Oct 22

  1. Time to be announced

    Spotify Technology S.A. earningsSPOT

    Spotify’s report will show how compelling its artist-reach and discovery tools are, a measure of how hard Auddia may find it to win artists and labels for paid song promotion through faidr.

in 43 daysWed, Dec 2

  1. Time to be announced
    Major

    Auddia Inc. earningsThis company

    Auddia’s report will show whether Discovr Radio song promotions through faidr are bringing in revenue, or whether the company is still building the product without paid sales.