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Spotify Technology S.A. (SPOT)

Stock Price: $280.27 USD -11.75 (-4.02%)
Updated Apr 19, 2021 10:47 AM EDT - Market open
Market Cap 55.72B
Revenue (ttm) 9.61B
Net Income (ttm) -708.54M
Shares Out 190.80M
EPS (ttm) -3.71
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day April 19
Last Price $280.27
Previous Close $292.02
Change ($) -11.75
Change (%) -4.02%
Day's Open 287.00
Day's Range 280.27 - 291.75
Day's Volume 278,315
52-Week Range 136.62 - 387.44

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Spotify Technology S.A. (NYSE:SPOT) struck a deal Thursday with Warner Music Group Corporation (NASDAQ:WMG) to leverage Warner's catalog of arts, songwriters and music to create original podcasts.

3 days ago - Benzinga

The audio streamer has plenty of avenues for growth.

4 days ago - The Motley Fool

People are going back to the gym, commuting to work, and flying on planes. Folks tend to listen to Spotify while doing all those things, so buy SPOT stock.

4 days ago - InvestorPlace

ARK Invest has been one of the most popular themes of late in the markets, outperforming many other funds and solidifying its place among the big players in the investments world.

Other stocks mentioned: BIDU, EXAS, ROKU, SHOP, SQ, TDOC, TSLA ...
5 days ago - 24/7 Wall Street

Because a shot this pivotal deserves its own soundtrack.

5 days ago - CNET

Spotify this morning officially announced the limited U.S. release of its first hardware device, the oddly named Car Thing, aimed at Spotify Premium subscribers. The new device — which Spotify is surpri...

6 days ago - TechCrunch

First-to-mind gig economy stocks are no longer on the cutting edge. Instead, consider these five picks for the evolving workplace.

Other stocks mentioned: ABNB, JMIA, SHOP, SQ
6 days ago - Kiplinger

Spotify launches voice command feature

6 days ago - Forbes

Spotify's union contract with Gimlet Media and The Ringer may mark an historic turning point for modern unions.

1 week ago - Forbes

After witnessing wild swings for a month, the technology sector regained momentum last week on enthusiasm over rapid economic growth.

Other stocks mentioned: AAPL, FTXL, IETC, IGM, IYW, MSFT, SNAP ...
1 week ago - Zacks Investment Research

Now let's jump into three stocks that investors might want to buy now amid the bullish start to the second quarter.

Other stocks mentioned: AAPL, ABBV, JPM, MSFT, NFLX, NOW, TSLA
1 week ago - Zacks Investment Research

In 2019, Spotify began testing a hardware device for automobile owners it lovingly dubbed “Car Thing,” which allowed Spotify Premium users to play music and podcasts using voice commands that began with...

1 week ago - TechCrunch

Growth stocks provide a great opportunity for investors to increase their wealth over time. Here're seven of the top growth shares.

Other stocks mentioned: CHWY, DKNG, DOCU, GLW, PSI, SQ
1 week ago - InvestorPlace

Podcasts will be a huge growth market for Spotify.

1 week ago - The Motley Fool

Forget past returns, the winning stock in this comparison looks better over the coming years.

Other stocks mentioned: T
1 week ago - The Motley Fool

Spotify is opening up its personalized playlist, “On Repeat,” to advertising sponsorship. This playlist, launched in 2019 and featuring users' favorite songs, is only the second personalized playlist on...

2 weeks ago - TechCrunch

Why the leader in audio streaming just acquired this small sports-talk app.

Other stocks mentioned: TWTR
2 weeks ago - The Motley Fool

It's been a tough year for most SPACs, but for this crop of diverse leadership, it's time to buy what Wall Street has been selling. The post 3 SPACs to Buy Despite the Rough-and-Tumble Market appeared f...

Other stocks mentioned: CHPT, SPCE
2 weeks ago - InvestorPlace

Spotify is acquiring live audio sports app Locker Room and its maker Betty Labs — with plans to expand the app's reach into broader segments of pop culture, according to a new report. The deal, which is...

2 weeks ago - New York Post

Spotify this morning announced it's significantly expanding its selection of personalized playlists with the addition of three new categories of playlists under the heading of “Spotify Mixes.” This coll...

2 weeks ago - TechCrunch

CNBC's tech editor on Spotify's acquisition of Betty Labs as part of live audio push

YouTube video

CNBC's technology editor Steve Kovach joins 'Closing Bell' to discuss Spotify's strategy in acquiring Clubhouse rival, Betty Labs.

2 weeks ago - CNBC Television

Spotify is accelerating its move into the live audio space with its acquisition of Betty Labs, the creator of the sports talk show app Locker Room, Spotify said in a press release on Tuesday (March 30)....

2 weeks ago - PYMNTS

Shares of Spotify are up a fraction this morning after the company announced that it will acquire Betty Labs, the company behind the Locker Room, which focuses on live audio. Prior to the deal, Betty La...

2 weeks ago - TechCrunch

SPOT stock is in a slump, but podcasts, high res streams and even hardware could play the part of catalyst to kick it back into growth mode. The post Investors Are Watching for Spotify's Catalyst appear...

2 weeks ago - InvestorPlace

Spotify Inc said on Tuesday it has purchased Betty Labs, the company behind sports-focused social audio app Locker Room, to accelerate its move into live audio.

2 weeks ago - Reuters

The company said it's acquiring Betty Labs, the creators of live audio social app Locker Room that's focused on sports.

2 weeks ago - CNBC

Spotify is taking over the music world, and the near-term sell-off in SPOT stock is a long-term opportunity. The post Buy the Dip in SPOT Stock Before Spotify Takes Over the Music Industry appeared firs...

2 weeks ago - InvestorPlace

NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its first quarter 2021 financial results and letter to shareholders on Wednesday, April 28, 2021 before market open. The company...

2 weeks ago - Business Wire

Here are three highly-ranked diverse technology stocks that patient long-term investors should consider buying at nice discounts and block out any near-term fears or setbacks.

Other stocks mentioned: AAPL, ADBE, FB, NFLX, NVDA, PINS, SHOP ...
3 weeks ago - Zacks Investment Research

The company is making all the right moves to dominate the music and podcast industries.

3 weeks ago - The Motley Fool

Spotify today announced it's rolling out a new look for its streaming service on the desktop, with the launch of a redesigned app for both Mac and Windows, as well as an updated web app. The changes, wh...

3 weeks ago - TechCrunch

Spotify looks to be overvalued here compared to Sirius XM. SPOT stock is worth significantly less than Sirius XM and is much less profitable.

Other stocks mentioned: SIRI
3 weeks ago - InvestorPlace

Here are 3 stocks I'm watching thie

Other stocks mentioned: QCOM, SKLZ
3 weeks ago - The Motley Fool

Spotify provides an explanation of its royalty payouts on a new page called “Loud And Clear,” and many of the figures sited are eye-opening.

4 weeks ago - Forbes

One of these skyrocketing growth stocks is in Wall Street's bargain bin, and the other simply won't stop rising.

Other stocks mentioned: NXPI
1 month ago - The Motley Fool

SPOT stock tempting after tech stock sell-off triggered a 29% drop, making the leading music streamer cheaper than it was to start the year. The post Spotify Stock at a Tempting Low, With HiFi Set to Bo...

1 month ago - InvestorPlace

We are pleased to announce that we added Scotland-based investment firm Baillie Gifford (Trades, Portfolio) to our Premium list of gurus. According to top 10 holdings statistics, the firm's top five hol...

Other stocks mentioned: AMZN, ILMN, MELI, TSLA
1 month ago - GuruFocus

The latest version of Edison Research and Triton Digital's Infinite Dial market research study shows that podcast listening went up last year, and Spotify became the undisputed king of online audio, whi...

1 month ago - Forbes

These companies are built to grow for years to come.

Other stocks mentioned: DOCU, OKTA, SNAP, SQ
1 month ago - The Motley Fool

The RBLX stock IPO was one of the largest of 2021. Here's what investors should do next with one of 2021's best stocks.

Other stocks mentioned: ASAN, PLTR, RBLX, WORK, ZNGA
1 month ago - InvestorPlace

Music streaming services like Spotify (SPOT) Apple???s (AAPL) Apple Music and Amazon.com?

Other stocks mentioned: AAPL, AMZN, GOOGL
1 month ago - Zacks Investment Research

Comments of the Day 09 March 2021     Video commentary for March 8th 2021   Eoin Treacy's view A link to today's video commentary is posted in the Subcsriber's Area.  Some of the topics discussed includ...

1 month ago - Proactive Investors

In honor of International Women's Day, Spotify is launching EQUAL, a new campaign highlighting the women creators on its platform and working toward equity for women in the audio industry.

1 month ago - Forbes

Apple might have an EU lawsuit coming down the pipeline related to music streaming, Reuters reports. The suit stems from a claim by rival Spotify, which says Apple unfairly promoted its own music stream...

Other stocks mentioned: AAPL
1 month ago - PYMNTS

IPhone maker Apple could face an EU antitrust charge sheet in the coming weeks following a 2019 complaint by music streaming service Spotify, two people familiar with the matter said.

Other stocks mentioned: AAPL
1 month ago - Reuters

In 2015, Apple Inc. (NASDAQ: AAPL) was the people's choice for listening to podcasts.

Other stocks mentioned: AAPL
1 month ago - 24/7 Wall Street

Apple Inc. (NASDAQ: AAPL) is set to lose its top spot for U.S. podcast listenership to Spotify Technology S.A. (NYSE: SPOT) this year, according to a new market forecast by eMarketer.

Other stocks mentioned: AAPL
1 month ago - Benzinga

Investors have been waiting for Spotify's multimillion-dollar bet on podcasting to pay off, in terms of increased paid subscriptions or improved revenues. But before that can occur, Spotify has to get m...

1 month ago - TechCrunch

Spotify Adds 85 Markets in Major Expansion

YouTube video

Spotify Technology SA is offering cheap plans in countries with low purchasing power as the audio streaming platform plans its broadest market expansion to date across Asia, Africa and the Caribbean, sa...

1 month ago - Bloomberg Technology

As part of an initiative to double down on subscription services, Alphabet has revamped YouTube Red.

Other stocks mentioned: AAPL
1 month ago - Investopedia

About SPOT

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in 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. 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 subscribers with no subscription fees. The company also offers sales, marketing, contract res... [Read more...]

Industry
Internet Content & Information
IPO Date
Apr 3, 2018
CEO
Daniel Ek
Employees
5,584
Stock Exchange
NYSE
Ticker Symbol
SPOT
Full Company Profile

Financial Performance

In 2020, SPOT's revenue was 7.88 billion, an increase of 16.50% compared to the previous year's 6.76 billion. Losses were -581.00 million, 212.4% more than in 2019.

Financial numbers in millions EUR.
Financial Statements

Analyst Forecasts

According to 30 analysts, the average rating for SPOT stock is "Hold." The 12-month stock price forecast is 321.19, which is an increase of 14.60% from the latest price.

Price Target
$321.19
(14.60% upside)
Analyst Consensus: Hold