Spotify Technology S.A. (LON: 0SPT)

London flag London · Delayed Price · Currency is GBP · Price in EUR
443.45
+6.15 (1.41%)
At close: Dec 20, 2024
151.96%
Market Cap 74.08B
Revenue (ttm) 12.57B
Net Income (ttm) 583.33M
Shares Out n/a
EPS (ttm) 2.87
PE Ratio 126.99
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open 433.10
Previous Close 437.30
Day's Range 421.75 - 443.45
52-Week Range 140.52 - 397.53
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 31, 2025

About Spotify Technology

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tab... [Read more]

Industry Computer Programming, Data Processing, And Other Computer Related Services
Founded 2006
Employees 9,123
Stock Exchange London Stock Exchange
Ticker Symbol 0SPT
Full Company Profile

Financial Performance

In 2023, Spotify Technology's revenue was 13.25 billion, an increase of 12.96% compared to the previous year's 11.73 billion. Losses were -532.00 million, 23.7% more than in 2022.

Financial numbers in EUR Financial Statements

News

Spotify Fires Back At Drake: Calls 'Artificially Inflated Streams' Allegation Over Kendrick Lamar's Hit Unfounded

Spotify Technology SA (NYSE: SPOT) has strongly denied allegations from Drake that it “artificially inflated” streaming numbers for rival artist Kendrick Lamar’s track “Not Like Us.” What Happened: I...

2 days ago - Benzinga

Why JPMorgan predicts an AI trade shift in 2025

JPMorgan has released a new report suggesting the AI landscape will enter a transformative phase in 2025. The analysis highlights emerging players like Amazon (AMZN), Meta (META), Spotify (SPOT), and ...

4 days ago - Yahoo Finance

Amazon, Meta, Alphabet, Spotify Lead JPMorgan's 2025 Tech Picks For AI Potential

JPMorgan analyst Doug Anmuth has rolled out an optimistic internet 2025 outlook , emphasizing mega-cap tech leaders as top picks. The big winners? Amazon.com Inc (NASDAQ: AMZN), Meta Platforms Inc (N...

4 days ago - Benzinga

Amazon, Meta, Alphabet, Spotify Lead JPMorgan's 2025 Tech Picks For AI Potential

JPMorgan analyst Doug Anmuth has rolled out an optimistic internet 2025 outlook, emphasizing mega-cap tech leaders as top picks. The big winners? Amazon.com, Meta Platforms, Alphabet Inc and Spotify T...

4 days ago - Benzinga

Spotify: My Top Investment Pick For 2025

I recommend a "Strong Buy" for Spotify as I highlight robust growth, pricing power, and profitability improvements. Spotify's Q3 results were stellar, with gross margins at 31.1%, revenue up 19% YoY, ...

7 days ago - Seeking Alpha

Spotify Discontinues Car Thing Smart Player

Spotify has pulled the plug on Car Thing, its hardware product that allowed users to control the company's streaming service through car speakers when connected to a phone by using both voice recognit...

13 days ago - PYMNTS

Jim Cramer talks companies that joined the $100 billion club this year

'Mad Money' host Jim Cramer looks at companies that joined the $100 billion club this year.

13 days ago - CNBC Television

Jim Cramer reviews companies that cracked $100 billion in 2024

CNBC's Jim Cramer reviewed several companies that surpassed $100 billion in market cap this year, noting that the names capture the "zeitgeist of the moment" on the market. Palantir, AppLovin, Spotify...

13 days ago - CNBC

2024 Was World's Taylor Swift Era Once Again: Spotify Reveals Top Artists, Songs, Albums, Podcasts

Spotify Technology SA (NYSE: SPOT) released its annual list of the most listened-to songs, albums, artists and podcasts and just like last year it's Taylor Swift's world and we're all just living in ...

18 days ago - Benzinga

Cathie Wood's Monday Moves: $4.8M Spotify Stock Sale Meets $4.7M Pinterest Shopping Spree

On Monday, Cathie Wood’s Ark Invest made significant moves in its portfolio, notably involving Spotify Technology SA (NYSE: SPOT) and Pinterest Inc . (NYSE: PINS). The Spotify Trade Ark Invest’s Ark...

20 days ago - Benzinga

Spotify cuts developer access to several of its recommendation features

Spotify will no longer allow developers building third-party apps with its Web API to access several features within the music streaming platform, such as song and artist recommendations, the company ...

25 days ago - TechCrunch

How to play subscription stocks: Netflix, Spotify, Amazon

With Black Friday approaching, deals could boost sign-ups for streaming service providers. Rosenblatt Securities managing director Barton Crockett joins Julie Hyman and Josh Lipton on Market Dominatio...

25 days ago - Yahoo Finance

The Big 3: SPOT, AAPL, WMT

Giants in digital entertainment, technology and retail take focus in today's Big 3. Jessica Inskip explains her bullishness on all three names while Rick Ducat breaks down the technical trends.

26 days ago - Schwab Network

SPOT "Executed as Good or Better" Than Biggest Companies

Andy Swan with @LikeFolio says he's astounded with Spotify's (SPOT) monstrous growth in the digital entertainment space. According to him, the company's recent adjustments thrust it into the "stratosp...

26 days ago - Schwab Network

Smart Money Is Betting Big In SPOT Options

Deep-pocketed investors have adopted a bearish approach towards Spotify Technology (NYSE: SPOT), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga...

26 days ago - Benzinga

Spotify Introduces Marketing Tools For Audiobook Authors

Spotify Technology SA (NYSE: SPOT) launched Spotify for Authors, a new set of tools for authors and publishers who distribute their audiobooks on its platform. Much like Spotify for Artists and Spoti...

26 days ago - Benzinga

Spotify debuts marketing tools and insights for audiobook authors

Spotify on Tuesday introduced a new set of tools for authors and publishers distributing their audiobooks on its platform with the launch of the Spotify for Authors platform. Similar to its existing e...

27 days ago - TechCrunch

Absolut, IKEA, Jensen Beds, and Spotify are among the Winners of the 2024-2025 World Branding Awards

LONDON--(BUSINESS WIRE)-- #worldbranding--The 18th edition of the World Branding Awards honoured the success and achievements of some of the World's Best Brands as National, Regional, and Global Winne...

27 days ago - Business Wire

Spotify tests a video feature for audiobooks as it ramps up video expansion

Spotify is enhancing the audiobook experience for premium users through three new experiments: video clips, author pages, and the ability to add visuals that appear while users listen. These initiativ...

4 weeks ago - TechCrunch

Clearlight® Unveils Exclusive VRT Spotify Playlists Created to Amplify Every Infrared Sauna Session

Curated for Clearlight® Vibrational Resonance Therapy to Further Healing Through Sound; Founder Debuts First LP Underscoring Brand's Longstanding Commitment to Music Curated for Clearlight® Vibrationa...

4 weeks ago - GlobeNewsWire

B.D. Killen Unveils Gamified Streaming Strategy to Tackle Spotify Demonetization Challenges

New York, Nov. 19, 2024 (GLOBE NEWSWIRE) -- New York, New York - B.D. Killen Music Group has exciting news.

4 weeks ago - GlobeNewsWire

Spotify takes aim at YouTube with a new revenue-sharing program for creators

Spotify is going after YouTube's video podcast dominance with a new revenue program for creators. It will soon share revenue with creators based on how much their videos are viewed.

5 weeks ago - Business Insider

Spotify will start paying video podcast hosts based on how well their videos perform

Spotify announced on Wednesday that it will start paying podcast hosts who make popular videos on its streaming platform, as the company looks to take on YouTube's dominance in the video podcast space...

5 weeks ago - TechCrunch

Spotify's stock price is 'absurd': Analyst

Spotify Technology (SPOT) reported better-than-expected third quarter earnings and issued an upbeat outlook, sending the music platform's shares higher. However, New Constructs CEO David Trainer cauti...

5 weeks ago - Yahoo Finance

Spotify Takes Aim at YouTube in Battle for Podcasts

Audio streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads.

5 weeks ago - WSJ