SPOT vs. NU, CPRT, MRVL, RSG, PLTR, PAYX, SQ, WCN, FIS, and TT
Should you be buying Spotify Technology stock or one of its competitors? The main competitors of Spotify Technology include NU (NU), Copart (CPRT), Marvell Technology (MRVL), Republic Services (RSG), Palantir Technologies (PLTR), Paychex (PAYX), Block (SQ), Waste Connections (WCN), Fidelity National Information Services (FIS), and Trane Technologies (TT). These companies are all part of the "business services" sector.
NU (NYSE:NU) and Spotify Technology (NYSE:SPOT) are both large-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, community ranking, risk, earnings, institutional ownership, media sentiment, profitability, valuation and analyst recommendations.
NU currently has a consensus target price of $10.74, indicating a potential downside of 7.91%. Spotify Technology has a consensus target price of $306.42, indicating a potential upside of 1.19%. Given NU's higher possible upside, analysts plainly believe Spotify Technology is more favorable than NU.
NU has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500. Comparatively, Spotify Technology has a beta of 1.61, meaning that its share price is 61% more volatile than the S&P 500.
NU has a net margin of 13.86% compared to NU's net margin of -0.80%. Spotify Technology's return on equity of 22.94% beat NU's return on equity.
NU has higher earnings, but lower revenue than Spotify Technology. Spotify Technology is trading at a lower price-to-earnings ratio than NU, indicating that it is currently the more affordable of the two stocks.
80.9% of NU shares are owned by institutional investors. Comparatively, 84.1% of Spotify Technology shares are owned by institutional investors. 1.2% of NU shares are owned by insiders. Comparatively, 0.4% of Spotify Technology shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Spotify Technology received 334 more outperform votes than NU when rated by MarketBeat users. Likewise, 60.50% of users gave Spotify Technology an outperform vote while only 53.06% of users gave NU an outperform vote.
In the previous week, NU had 18 more articles in the media than Spotify Technology. MarketBeat recorded 43 mentions for NU and 25 mentions for Spotify Technology. NU's average media sentiment score of 0.40 beat Spotify Technology's score of 0.37 indicating that Spotify Technology is being referred to more favorably in the news media.
Summary
NU beats Spotify Technology on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Spotify Technology Competitors List
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