Spotify Technology SA (SPOT)

NYSE
Currency in USD
486.04
-4.31(-0.88%)
Real-time Data
SPOT Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
485.15489.00
52 wk Range
202.30506.47
Key Statistics
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Prev. Close
490.34
Open
485.15
Day's Range
485.15-489
52 wk Range
202.3-506.47
Volume
67.56K
Average Volume (3m)
2.53M
1-Year Change
146.8%
Book Value / Share
25.69
Fair Value
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Fair Value Upside
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SPOT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
485.73
Downside
-0.06%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Spotify Technology SA Company Profile

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.

Employees
9123

Spotify Technology SA SWOT Analysis


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
Read full SWOT analysis

Spotify Technology SA Earnings Call Summary for Q3/2024

  • Spotify's Q3 MAU grew to 640M (+14M), subscribers to 252M (+6M); revenue up 21% YoY to €4B
  • Record gross margin of 31.1%, operating income €454M; Q4 projections: 665M MAU, 260M subscribers
  • Strategic focus on monetization, innovation in video content and audiobooks for sustained profitability
  • Audiobook consumption increased; company confident in pricing strategy and Marketplace growth potential
  • Exploring performance-based advertising; features like AI DJ boosting user engagement
Last Updated: 11/14/2024, 12:22 AM
Read Full Transcript

Compare SPOT to Peers and Sector

Metrics to compare
SPOT
Peers
Sector
Relationship
P/E Ratio
137.2x−10.0x5.3x
PEG Ratio
0.720.010.01
Price/Book
20.8x2.9x1.8x
Price / LTM Sales
6.4x1.2x1.4x
Upside (Analyst Target)
3.2%156.4%27.5%
Fair Value Upside
Unlock10.8%14.5%Unlock

Analyst Ratings

26 Buy
9 Hold
2 Sell
Ratings:
37 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 485.73

(-0.06% Downside)

Earnings

Latest Release
Nov 12, 2024
EPS / Forecast
1.45 / 1.68
Revenue / Forecast
3.99B / 4.02B
EPS Revisions
Last 90 days

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FAQ

What Is the Spotify Tech (SPOT) Stock Price Today?

The Spotify Tech stock price today is 486.04

What Stock Exchange Does Spotify Tech Trade On?

Spotify Tech is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Spotify Tech?

The stock symbol for Spotify Tech is "SPOT."

What Is the Spotify Tech Market Cap?

As of today, Spotify Tech market cap is 99.09B.

What is Spotify Tech Earnings Per Share?

The Spotify Tech EPS is 3.52.

What Is the Next Spotify Tech Earnings Date?

Spotify Tech will release its next earnings report on Feb 03, 2025.

From a Technical Analysis Perspective, Is SPOT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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