Spotify Technology S.A. (SPOT)

NYSE: SPOT · Real-Time Price · USD
485.53
-4.81 (-0.98%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.98%
Market Cap 98.12B
Revenue (ttm) 16.84B
Net Income (ttm) 781.84M
Shares Out 202.08M
EPS (ttm) 3.84
PE Ratio 126.33
Forward PE 57.76
Dividend n/a
Ex-Dividend Date n/a
Volume 1,705,761
Open 487.00
Previous Close 490.34
Day's Range 480.01 - 490.78
52-Week Range 202.30 - 506.47
Beta 1.62
Analysts Buy
Price Target 443.59 (-8.64%)
Earnings Date Feb 4, 2025

About SPOT

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]

IPO Date Apr 3, 2018
Employees 9,123
Stock Exchange NYSE
Ticker Symbol SPOT
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

Analyst Forecast

According to 30 analysts, the average rating for SPOT stock is "Buy." The 12-month stock price forecast is $443.59, which is a decrease of -8.64% from the latest price.

Price Target
$443.59
(-8.64% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Might Sound Crazy, But Spotify Is A Solid Buy Here

Spotify's impressive growth is driven by fiscal discipline, monetization, and a strong value offering, making it a buy despite high valuations. The freemium model and superior content discovery enhanc...

4 hours ago - Seeking Alpha

CRM Upgrade to Buy, Spotify Cut on "Saturated" Market

Jenny Horne looks at a pair of analyst moves to end the week. TD Cowen upgraded Salesforce (CRM) to Buy from Hold, as shares have reached a "compelling entry point.

Other symbols: CRM
3 days ago - Schwab Network

ValuEngine's Top 10 Stocks For 2025

Since the methodology we applied at the end of 2023 produced such a resilient portfolio, we repeated the process using ValuEngine's data from the December 31, 2024 close to choose 10 stocks for the ne...

4 days ago - Seeking Alpha

Goldman Sachs Raises Spotify's Forecast Ahead of Q4

Goldman Sachs analyst Eric Sheridan maintained Spotify Technology SPOT with a Buy and raised the price target from $490 to $550.

11 days ago - Benzinga

Spotify Technology S.A. to Announce Financial Results for Fourth Quarter 2024

NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its fourth quarter 2024 financial results and deck to shareholders on Tuesday, February 4, 2025 before market open. The compan...

18 days ago - Business Wire

7 Winner Tech Stocks For 2025

Now, as we turn our focus to 2025, I remain very optimistic on stocks. However, overall market valuations look somewhat expensive now; and thus, I argue stock picking will be more important in 2025 th...

18 days ago - Seeking Alpha

Video Podcasts Exploded In 2024—As Both Spotify And YouTube Aim To Capitalize On Them

Video podcasts blew up in 2024, making up a bigger share of Spotify's top podcasts this year compared with 2023, according to data provided to Forbes by Spotify, while YouTube has also grown to become...

Other symbols: GOOGGOOGL
25 days ago - Forbes

Spotify stock price could drop to $387 as insiders sell

Spotify stock price has had a great year as it jumped by over 140% in 2024, bringing its market cap to over $92 billion. SPOT, a leading streaming company, has soared by 563% from its lowest point in ...

4 weeks ago - Invezz

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 ...

Other symbols: AMZNGOOGGOOGLMETA
4 weeks 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, Meta Platforms, Alphabet Inc and Spotify T...

Other symbols: AMZNGOOGGOOGLMETA
4 weeks 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, ...

5 weeks 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...

5 weeks 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.

Other symbols: ANETAPPARMBSXCETNFI
5 weeks 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...

Other symbols: APPANETETNPLTR
5 weeks ago - CNBC

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 ...

7 weeks 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...

Other symbols: AMZNNFLX
7 weeks 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.

Other symbols: AAPLWMT
7 weeks 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...

7 weeks ago - Schwab Network

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...

7 weeks 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...

7 weeks 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...

2 months 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...

2 months 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.

2 months 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.

2 months 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...

2 months ago - TechCrunch