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Spotify Technology SA (SPOT)
NYSE:SPOT
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SPOT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$202.30 - $506.47
Previous CloseN/A
Volume868.52K
Average Volume (3M)1.75M
Market Cap
$96.10B
Enterprise Value$71.64B
Total Cash (Recent Filing)$1.58B
Total Debt (Recent Filing)$1.11B
Price to Earnings (P/E)127.5
Beta0.95
Next Earnings
Feb 04, 2025EPS Estimate
2.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.81
Shares Outstanding199,054,060
10 Day Avg. Volume1,721,682
30 Day Avg. Volume1,753,702
Standard Deviation0.14
R-Squared0.35
Alpha0.00978
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)25.68
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.75
Enterprise Value/Revenue12.14
Enterprise Value/Gross Profit21.09
Enterprise Value/Ebitda-555.35
Forecast
1Y Price Target
$506.63Price Target Upside4.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
Spotify Technology SA News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe improving profitability is leading to better free cash flow performance, contributing to a meaningful level of cash now on the balance sheet.
Growth And InnovationSpotify is expanding its video podcast offerings to enhance creator monetization and user experience, positioning for long-term growth and differentiation by capitalizing on the rising demand for video podcasts.
Market LeadershipThe recent results and guidance provide evidence that Spotify has won the global audio streaming race, allowing them to continue generating solid growth.
Bears Say
Advertising ChallengesThe advertising segment underperformed expectations, growing 2.5% below market estimates, and future growth estimates may be too high.
Market SaturationWarning signs of developed markets gently saturating, Spotify's service now 9-18% more expensive than other DSPs, and more investments on the horizon with tough to model multi-year paybacks create a less attractive NT catalyst path.
Music Label PowerThe concentrated power of music labels and artists poses a medium/long-term risk, as they could demand higher rates.
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Ownership Overview
10.90%
Insiders
15.67% Mutual Funds
0.24% Other Institutional Investors
69.33% 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 $202.30 and its highest was $506.47 in the past 12 months.
What is Spotify Technology SA’s market cap?
Spotify Technology SA’s market cap is $96.10B.
When is Spotify Technology SA’s upcoming earnings report date?
Spotify Technology SA’s upcoming earnings report date is Feb 04, 2025 which is in 14 days.
How were Spotify Technology SA’s earnings last quarter?
Spotify Technology SA released its earnings results on Nov 12, 2024. The company reported $1.494 earnings per share for the quarter, missing the consensus estimate of $1.739 by -$0.245.
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 2.05.
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 $1.494 in its last earnings report, missing expectations of $1.739. Following the earnings report the stock price went up 2.243%.
Which hedge fund is a major shareholder of Spotify Technology SA?
Among the largest hedge funds holding Spotify Technology SA’s share is Viking Global Investors LP. It holds Spotify Technology SA’s shares valued at 950M.
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Spotify Technology SA Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$506.63 (4.35% Upside)
$506.63 (4.35% Upside)
Blogger Sentiment
Bullish
SPOT Sentiment 78%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
144.37%
12-Months-Change
Fundamentals
Return on Equity
20.53%
Trailing 12-Months
Asset Growth
46.52%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call conveyed strong growth in user numbers, revenue, and profitability, with a focus on future expansion and innovation. Despite challenges in advertising growth and foreign exchange impacts, the sentiment was largely positive, with Spotify achieving record metrics and setting optimistic forecasts.Read More>---
SPOT Stock 12 Month Forecast
Average Price Target
$506.63
▲(4.35% Upside)
Technical Analysis
Sirius XM Holdings
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Snap
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Best Analysts Covering SPOT
1 Year
1 Year Success Rate
14/20 ratings generated profit
1 Year Average Return
+44.55%
reiterated a buy rating 2 months ago
Copying Mark Mahaney's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +44.55% per trade.
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