Most-Upgraded StocksMost-UpgradedNYSE:SPOT Spotify Technology (SPOT) Stock Price, News & Analysis $378.88 +12.13 (+3.31%) (As of 10/18/2024 08:53 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Spotify Technology Stock (NYSE:SPOT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$369.42▼$384.2150-Day Range$322.75▼$383.9652-Week Range$145.76▼$389.23Volume1.68 million shsAverage Volume1.87 million shsMarket Capitalization$72.06 billionP/E Ratio154.64Dividend YieldN/APrice Target$362.21Consensus RatingModerate Buy Company OverviewSpotify 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.Read More… It’s over. (Ad)We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.Click here for the ticker >>> Spotify Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks87th Percentile Overall ScoreSPOT MarketRank™: Spotify Technology scored higher than 87% of companies evaluated by MarketBeat, and ranked 49th out of 332 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingSpotify Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.76, and is based on 23 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageSpotify Technology has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Spotify Technology's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth39.42% Earnings GrowthEarnings for Spotify Technology are expected to grow by 39.42% in the coming year, from $6.24 to $8.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Spotify Technology is 154.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Spotify Technology is 154.64, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 21.41.Price to Book Value per Share RatioSpotify Technology has a P/B Ratio of 27.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Spotify Technology's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.12% of the float of Spotify Technology has been sold short.Short Interest Ratio / Days to CoverSpotify Technology has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spotify Technology has recently increased by 13.40%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSpotify Technology does not currently pay a dividend.Dividend GrowthSpotify Technology does not have a long track record of dividend growth. Sustainability and ESG4.5 / 5Environmental Score-0.66 Percentage of Shares Shorted3.12% of the float of Spotify Technology has been sold short.Short Interest Ratio / Days to CoverSpotify Technology has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Spotify Technology has recently increased by 13.40%, indicating that investor sentiment is decreasing significantly. News and Social Media3.2 / 5News Sentiment0.77 News SentimentSpotify Technology has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Spotify Technology this week, compared to 29 articles on an average week.Search Interest38 people have searched for SPOT on MarketBeat in the last 30 days. This is an increase of 65% compared to the previous 30 days.MarketBeat Follows21 people have added Spotify Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Spotify Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.40% of the stock of Spotify Technology is held by insiders.Percentage Held by Institutions84.09% of the stock of Spotify Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Spotify Technology's insider trading history. SPOT Stock News HeadlinesIs Spotify Stock Poised to Soar? Options Traders Think SoSpotify stock attracted new call option buyers into the company before the earnings announcement. Wall Street analysts agree on double-digit upsideOctober 20 at 7:00 AM | marketbeat.comI find songs I love on social media all the time, so this new Instagram feature is music to my earsOctober 19 at 3:14 PM | msn.com2024's Must-Watch Stocks!Welcome to a year of unparalleled opportunities! Dive into our exclusive guide, "9 Stocks Set to Soar," meticulously selected to elevate your portfolio in 2024. Step into 2024 with confidence and the right assets at your fingertips. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time. October 21, 2024 | Darwin (Ad)Heard Viral Song On Instagram Reels But Don't Know Its Name? You Can Now Add It To Your Spotify Playlist Within SecondsOctober 19 at 3:14 PM | msn.comInstagram adds one-tap Spotify song saving featureOctober 18 at 12:02 PM | msn.comIs Spotify Technology S.A. (SPOT) A Good Stock to Buy Right Now?October 18 at 12:02 PM | msn.comInstagram teams up with Spotify, now you can add songs to your playlist with just a clickOctober 18 at 12:54 AM | msn.comIs Spotify Technology S.A. (SPOT) the Best Internet Content Stock to Buy?October 18 at 12:54 AM | msn.comSee More Headlines SPOT Stock Analysis - Frequently Asked Questions How have SPOT shares performed this year? Spotify Technology's stock was trading at $187.91 at the beginning of the year. Since then, SPOT stock has increased by 101.6% and is now trading at $378.88. View the best growth stocks for 2024 here. How were Spotify Technology's earnings last quarter? Spotify Technology S.A. (NYSE:SPOT) posted its earnings results on Tuesday, July, 23rd. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.25. The company's revenue was up 19.8% on a year-over-year basis. Does Spotify Technology have any subsidiaries? Spotify Technology subsidiaries include Chartable, Podsights, Whooshkaa, Findaway, Podz Inc., Betty Labs Incorporated, Megaphone LLC, and more. When did Spotify Technology IPO? Spotify Technology (SPOT) raised $0 in an IPO on Tuesday, April 3rd 2018. The company issued 0 shares at a price of $0.00 per share. None acted as the underwriter for the IPO. Who are Spotify Technology's major shareholders? Spotify Technology's top institutional shareholders include Alecta Tjanstepension Omsesidigt (0.63%), Swedbank AB (0.39%), Perpetual Ltd (0.40%) and Allspring Global Investments Holdings LLC (0.19%). How do I buy shares of Spotify Technology? Shares of SPOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Spotify Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Spotify Technology investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE) and Netflix (NFLX). Company Calendar Last Earnings7/23/2024Today10/20/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Radio broadcasting stations Sub-IndustryCommunication Current SymbolNYSE:SPOT CUSIPN/A CIK1639920 Webwww.spotify.com Phone46-7-022-046-07FaxN/AEmployees9,123Year Founded2006Price Target and Rating Average Stock Price Target$362.21 High Stock Price Target$510.00 Low Stock Price Target$190.00 Potential Upside/Downside-4.4%Consensus RatingModerate Buy Rating Score (0-4)2.76 Research Coverage29 Analysts Profitability EPS (Most Recent Fiscal Year)($0.67) Trailing P/E Ratio154.64 Forward P/E Ratio60.72 P/E GrowthN/ANet Income$-575,780,000.00 Net Margins3.22% Pretax Margin2.66% Return on Equity15.23% Return on Assets5.30% Debt Debt-to-Equity Ratio0.31 Current Ratio1.56 Quick Ratio1.56 Sales & Book Value Annual Sales$14.47 billion Price / Sales4.98 Cash FlowN/A Price / Cash FlowN/A Book Value$13.85 per share Price / Book27.36Miscellaneous Outstanding Shares190,200,000Free Float198,258,000Market Cap$72.06 billion OptionableOptionable Beta1.58 Social Links This page (NYSE:SPOT) was last updated on 10/21/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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