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, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.
Streaming Dominance | Explore Spotify's commanding 30% market share in music streaming, its expansion into podcasts and audiobooks, and its strategic moves to maintain leadership |
Financial Resilience | Delve into Spotify's improving financial metrics, including revenue growth, margin expansion, and projections for significant increases in EBIT and EPS |
Growth Strategies | Learn about Spotify's ambitious goal to reach 1 billion users by 2030, leveraging localized content, flexible pricing, and diversification into video podcasts |
Market Valuation | Analyst price targets for Spotify range from $340 to $500, reflecting varied opinions on the company's growth potential and competitive positioning |
Metrics to compare | SPOT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSPOTPeersSector | |
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P/E Ratio | 137.2x | −10.0x | 5.3x | |
PEG Ratio | 0.72 | 0.01 | 0.01 | |
Price/Book | 20.8x | 2.9x | 1.8x | |
Price / LTM Sales | 6.4x | 1.2x | 1.4x | |
Upside (Analyst Target) | 3.2% | 156.4% | 27.5% | |
Fair Value Upside | Unlock | 10.8% | 14.5% | Unlock |