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Spotify Technology SA (DE:639)
XETRA:639
RESEARCH TOOLSreports
Spotify Technology SA (639) Stock Price & Analysis
10 Followers
639 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€116.80 - €315.00
Previous Close€306.25
Volume3.32K
Average Volume (3M)1.09K
Market Cap
€60.63B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.82
Next Earnings
Oct 31, 2024EPS Estimate
€1.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.58
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume1,087
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€353.77Price Target Upside13.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
Spotify Technology SA News
PremiumStock Analysis & Ideas
Jefferies Selects 2 Promising Music Stocks — Here’s Why They May Be Worth Buying
PremiumCompany Announcements
Spotify Reports Remarkable Financial Turnaround
Bulls Say, Bears Say
Bulls Say
EarningsThe +24% Op. Income beat (ex. social costs) produced a 7% op. margin up from a -8% op. loss.
Financial PerformanceSpotify reported strong Q2 results, with Premium subscribers and total revenue in line with expectations, while gross margins and profitability came in ahead of guidance.
Strategic InitiativesSpotify continues to demonstrate an ambition and plan to build a great business around its great product.
Bears Say
Advertising RevenueAd-supported MAUs and advertising revenue underperformed during the quarter, with the former impacted by a notable q/q deceleration in developing market user growth and the latter affected by upper-funnel marketer spend volatility.
Legal IssuesSpotify was sued by the Mechanical Licensing Collective for allegedly underpaying royalties.
User GrowthSpotify missed its MAU guidance for the second straight quarter, but only by 1% of its entire MAU base.
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Ownership Overview
0.00%
Insiders
84.69% Mutual Funds
9.36% Other Institutional Investors
5.95% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Spotify Technology SA
Desktop Users
Mobile Users
639 FAQ
What was Spotify Technology SA’s price range in the past 12 months?
Spotify Technology SA lowest stock price was €116.80 and its highest was €315.00 in the past 12 months.
What is Spotify Technology SA’s market cap?
Currently, no data Available
When is Spotify Technology SA’s upcoming earnings report date?
Spotify Technology SA’s upcoming earnings report date is Oct 31, 2024 which is in 98 days.
How were Spotify Technology SA’s earnings last quarter?
Spotify Technology SA released its earnings results on Jul 23, 2024. The company reported €1.33 earnings per share for the quarter, beating the consensus estimate of €1.05 by €0.28.
Is Spotify Technology SA overvalued?
According to Wall Street analysts Spotify Technology SA’s price is currently Undervalued.
Does Spotify Technology SA pay dividends?
Spotify Technology SA does not currently pay dividends.
What is Spotify Technology SA’s EPS estimate?
Spotify Technology SA’s EPS estimate is €1.69.
How many shares outstanding does Spotify Technology SA have?
Spotify Technology SA has 198,327,160 shares outstanding.
What happened to Spotify Technology SA’s price movement after its last earnings report?
Spotify Technology SA reported an EPS of €1.33 in its last earnings report, beating expectations of €1.05. Following the earnings report the stock price went up 14.465%.
Which hedge fund is a major shareholder of Spotify Technology SA?
Among the largest hedge funds holding Spotify Technology SA’s share is Alecta Pensionsforsakring, Omsesidigt. It holds Spotify Technology SA’s shares valued at 478M.
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Spotify Technology SA Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
€353.77 (13.42% Upside)
€353.77 (13.42% Upside)
Blogger Sentiment
Bullish
DE:639 Sentiment 84%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
105.54%
12-Months-Change
Fundamentals
Return on Equity
-3.90%
Trailing 12-Months
Asset Growth
19.82%
Trailing 12-Months
Company Description
Spotify Technology SA
Founded in 2006, Luxembourg-based Spotify Technology SA is the world’s most popular audio streaming subscription service. It serves a community of over 320 million users across 92 markets. The company generates revenue from Premium and Ad-Supported segments. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access to music and podcasts. It also offers a music listening experience without commercial breaks. 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 provides sales, marketing, contract research and development, and customer support services.
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639 Company Deck
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639 Earnings Call
Q2 2024
0:00 / 0:00
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639 Stock 12 Month Forecast
Average Price Target
€353.77
▲(13.42% Upside)
Technical Analysis
Spotify Technology SA
―
Sirius XM Holdings
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Tencent Music Entertainment Group
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Live Nation Entertainment
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Best Analysts Covering 639
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+26.04%
assigned a buy rating 3 days ago
Copying Steven Cahall's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +26.04% per trade.
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