Most-Upgraded StocksMost-UpgradedNYSE:SPOT Spotify Technology (SPOT) Stock Price, News & Analysis $371.45 -1.15 (-0.31%) (As of 10/4/2024 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 Get Spotify Technology alerts:Sign Up Key Stats Today's Range$368.11▼$379.4850-Day Range$322.75▼$383.9652-Week Range$145.76▼$389.23Volume1.10 million shsAverage Volume1.50 million shsMarket Capitalization$73.94 billionP/E RatioN/ADividend YieldN/APrice Target$359.14Consensus 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… Next opportunity for crypto millions (Ad)October isn't just another month in crypto. It's the launchpad for what could be the most explosive bull run in history. And I've found the rocket fuel… One coin is quietly positioning itself to outperform the entire market. The signs are everywhere…Go here to discover the coin that could define this historic bull run with gains kicking off this mo Spotify Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks86th Percentile Overall ScoreSPOT MarketRank™: Spotify Technology scored higher than 86% of companies evaluated by MarketBeat, and ranked 66th out of 352 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 18 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 -554.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Spotify Technology is -554.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSpotify Technology has a P/B Ratio of 26.82. 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 Shorted2.75% 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 2.2, 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 4.58%, indicating that investor sentiment is decreasing. 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 Shorted2.75% 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 2.2, 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 4.58%, indicating that investor sentiment is decreasing. News and Social Media3.1 / 5News Sentiment0.52 News SentimentSpotify Technology has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 31 news articles for Spotify Technology this week, compared to 28 articles on an average week.Search Interest27 people have searched for SPOT on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows13 people have added Spotify Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 117% 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. Receive SPOT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Spotify Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address SPOT Stock News HeadlinesVF Corp's Comeback Story: Supreme Sale and Cost Cuts Boost Stock (SPOT)Global apparel and footwear company V.F. Corp. (NYSE: VFC) has been working on its turnaround spearheaded by its current CEO, Bracken Darrell.September 12, 2024 | marketbeat.comSpotify’s latest upgrade is genius — but not enough to bring me back from Apple MusicOctober 5 at 1:51 PM | msn.comThe panic button has already been pressedIf you missed it, my emergency election broadcast is now available - but will be removed on Monday at midnight.October 6, 2024 | Porter & Company (Ad)I just re-reviewed Spotify – here are 3 things it now needs to beat Apple, Tidal et alOctober 4 at 10:48 PM | msn.comHere’s how AI is going to change the music industry, according to one of the leaders of Apple’s first foray into musicOctober 4 at 5:47 PM | msn.comPersistence With Spotify Stock Eventually Produced A HitOctober 4 at 3:30 PM | investors.comSpotify: Turning The Table On The LabelsOctober 3 at 6:05 PM | seekingalpha.comSpotify Adds a New Offline Backup Feature for Premium UsersOctober 3 at 2:39 PM | 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 start of the year. Since then, SPOT shares have increased by 97.7% and is now trading at $371.45. View the best growth stocks for 2024 here. How were Spotify Technology's earnings last quarter? Spotify Technology S.A. (NYSE:SPOT) announced its quarterly earnings results on Tuesday, July, 23rd. The company reported $1.33 EPS for the quarter, topping the consensus estimate 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 others. When did Spotify Technology IPO? Spotify Technology (SPOT) raised $0 in an initial public offering (IPO) on Tuesday, April 3rd 2018. The company issued 0 shares at $0.00 per share. None acted as the underwriter for the IPO. Who are Spotify Technology's major shareholders? Top institutional shareholders of Spotify Technology include Handelsbanken Fonder AB (0.04%), Park Avenue Securities LLC, Capital CS Group LLC and Park National Corp OH. 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), Tesla (TSLA), Netflix (NFLX), Alibaba Group (BABA), Block (SQ), Advanced Micro Devices (AMD) and PayPal (PYPL). Company Calendar Last Earnings7/23/2024Today10/06/2024Next 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$359.14 High Stock Price Target$510.00 Low Stock Price Target$190.00 Potential Upside/Downside-3.3%Consensus RatingModerate Buy Rating Score (0-4)2.76 Research Coverage29 Analysts Profitability EPS (Most Recent Fiscal Year)($0.67) Trailing P/E RatioN/A Forward P/E Ratio59.53 P/E GrowthN/ANet Income$-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$14.34 billion Price / Sales5.16 Cash FlowN/A Price / Cash FlowN/A Book Value$13.85 per share Price / Book26.82Miscellaneous Outstanding Shares199,050,000Free Float189,439,000Market Cap$73.94 billion OptionableOptionable Beta1.58 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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