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Spotify Technology SA (SPOT)
NYSE:SPOT
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SPOT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$169.02 - $412.95
Previous Close$410.19
Volume6.60M
Average Volume (3M)1.50M
Market Cap
$80.39B
Enterprise Value$76.67B
Total Cash (Recent Filing)$4.21B
Total Debt (Recent Filing)$493.00M
Price to Earnings (P/E)161.8
Beta1.26
Next Earnings
Nov 12, 2024EPS Estimate
$1.8Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.54
Shares Outstanding197,143,389
10 Day Avg. Volume1,889,176
30 Day Avg. Volume1,495,413
Standard Deviation0.14
R-Squared0.33
Alpha0.00732
Financial Highlights & Ratios
Price to Book (P/B)32.05
Price to Sales (P/S)19.31
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.00
Enterprise Value/Gross Profit22.57
Enterprise Value/Ebitda-594.37
Forecast
1Y Price Target
$441.44Price Target Upside5.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Spotify Technology SA News
Bulls Say, Bears Say
Bulls Say
EarningsSpotify is expected to meet or exceed guidance on key metrics like revenue, premium subscribers, and monthly active users.
Financial StrategyThe company's potential to charge a subscription fee for ad-supported users in mature markets is seen as a compelling strategy that could significantly boost gross profits.
Product InnovationSpotify is exploring a new 'supremium' tier, which could attract a significant portion of subscribers willing to pay for enhanced services.
Bears Say
Financial PerformanceThe revenue estimate is lowered to reflect foreign exchange headwinds and social charges, indicating some financial challenges for the company.
Industry RisksA more rapidly maturing industry than expected and a cautious approach to pricing pose significant risks to the company's future growth and profitability.
User GrowthThe monthly active user growth estimate represents the lowest year-over-year growth rate on record for Spotify, indicating potential challenges in expanding its user base.
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Ownership Overview
10.90%
Insiders
15.33% Mutual Funds
15.68% Other Institutional Investors
56.58% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Spotify Technology SA
Desktop Users
Mobile Users
SPOT FAQ
What was Spotify Technology SA’s price range in the past 12 months?
Spotify Technology SA lowest stock price was $169.02 and its highest was $412.95 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 Nov 12, 2024 which is 10 days ago.
How were Spotify Technology SA’s earnings last quarter?
Spotify Technology SA released its earnings results on Jul 23, 2024. The company reported $1.416 earnings per share for the quarter, beating the consensus estimate of $1.118 by $0.298.
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 $1.8.
How many shares outstanding does Spotify Technology SA have?
Spotify Technology SA has 199,054,060 shares outstanding.
What happened to Spotify Technology SA’s price movement after its last earnings report?
Spotify Technology SA reported an EPS of $1.416 in its last earnings report, beating expectations of $1.118. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Spotify Technology SA?
Among the largest hedge funds holding Spotify Technology SA’s share is Lone Pine Capital LLC. It holds Spotify Technology SA’s shares valued at 529M.
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Spotify Technology SA Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$441.44 (5.26% Upside)
$441.44 (5.26% Upside)
Blogger Sentiment
Bullish
SPOT Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 72.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
139.90%
12-Months-Change
Fundamentals
Return on Equity
14.82%
Trailing 12-Months
Asset Growth
36.31%
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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SPOT Company Deck
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SPOT Earnings Call
Q2 2024
0:00 / 0:00
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SPOT Stock 12 Month Forecast
Average Price Target
$441.44
▲(5.26% Upside)
Technical Analysis
Sirius XM Holdings
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Tencent Music Entertainment Group
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Live Nation Entertainment
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Roku
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Best Analysts Covering SPOT
1 Year
1 Year Success Rate
14/19 ratings generated profit
1 Year Average Return
+39.05%
reiterated a buy rating 11 days ago
Copying Mark Mahaney's trades and holding each position for 1 Year would result in 73.68% of your transactions generating a profit, with an average return of +39.05% per trade.
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