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Spotify Technology (SPOT) Competitors

$378.88
+12.13 (+3.31%)
(As of 10/18/2024 08:53 PM ET)

SPOT vs. TMUS, CHT, ORAN, TEF, VOD, TU, TME, RCI, FOXA, and FWONK

Should you be buying Spotify Technology stock or one of its competitors? The main competitors of Spotify Technology include T-Mobile US (TMUS), Chunghwa Telecom (CHT), Orange (ORAN), Telefónica (TEF), Vodafone Group Public (VOD), TELUS (TU), Tencent Music Entertainment Group (TME), Rogers Communications (RCI), FOX (FOXA), and Formula One Group (FWONK). These companies are all part of the "communication" industry.

Spotify Technology vs.

T-Mobile US (NASDAQ:TMUS) and Spotify Technology (NYSE:SPOT) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, dividends, valuation, media sentiment, analyst recommendations, community ranking, institutional ownership, profitability and earnings.

T-Mobile US has higher revenue and earnings than Spotify Technology. T-Mobile US is trading at a lower price-to-earnings ratio than Spotify Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
T-Mobile US$79.10B3.31$8.32B$7.3530.37
Spotify Technology$14.34B5.26-$575.78M$2.45154.64

T-Mobile US currently has a consensus target price of $217.50, suggesting a potential downside of 2.56%. Spotify Technology has a consensus target price of $362.21, suggesting a potential downside of 4.40%. Given T-Mobile US's stronger consensus rating and higher possible upside, research analysts plainly believe T-Mobile US is more favorable than Spotify Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
T-Mobile US
0 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00
Spotify Technology
1 Sell rating(s)
5 Hold rating(s)
23 Buy rating(s)
0 Strong Buy rating(s)
2.76

In the previous week, Spotify Technology had 3 more articles in the media than T-Mobile US. MarketBeat recorded 28 mentions for Spotify Technology and 25 mentions for T-Mobile US. Spotify Technology's average media sentiment score of 0.79 beat T-Mobile US's score of 0.52 indicating that Spotify Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
T-Mobile US
9 Very Positive mention(s)
4 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Spotify Technology
14 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

T-Mobile US has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500. Comparatively, Spotify Technology has a beta of 1.58, indicating that its stock price is 58% more volatile than the S&P 500.

T-Mobile US received 604 more outperform votes than Spotify Technology when rated by MarketBeat users. Likewise, 69.39% of users gave T-Mobile US an outperform vote while only 61.32% of users gave Spotify Technology an outperform vote.

CompanyUnderperformOutperform
T-Mobile USOutperform Votes
986
69.39%
Underperform Votes
435
30.61%
Spotify TechnologyOutperform Votes
382
61.32%
Underperform Votes
241
38.68%

T-Mobile US has a net margin of 11.95% compared to Spotify Technology's net margin of 3.22%. Spotify Technology's return on equity of 15.23% beat T-Mobile US's return on equity.

Company Net Margins Return on Equity Return on Assets
T-Mobile US11.95% 14.88% 4.55%
Spotify Technology 3.22%15.23%5.30%

42.5% of T-Mobile US shares are held by institutional investors. Comparatively, 84.1% of Spotify Technology shares are held by institutional investors. 0.7% of T-Mobile US shares are held by insiders. Comparatively, 0.4% of Spotify Technology shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

T-Mobile US beats Spotify Technology on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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.
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SPOT vs. The Competition

MetricSpotify TechnologyRadio broadcasting stations IndustryBusiness SectorNYSE Exchange
Market Cap$75.42B$15.63B$7.50B$19.72B
Dividend YieldN/A4.89%2.63%3.46%
P/E Ratio154.6442.0521.1327.31
Price / Sales5.261.63290.5421.63
Price / CashN/A3.8526.0620.43
Price / Book27.365.405.085.46
Net Income-$575.78M-$18.12M$127.71M$981.30M
7 Day Performance1.39%1.21%2.21%1.35%
1 Month Performance3.80%1.83%22.65%3.23%
1 Year Performance152.74%-14.77%31.28%31.02%

Spotify Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPOT
Spotify Technology
4.3324 of 5 stars
$378.88
+3.3%
$362.21
-4.4%
+152.7%$72.06B$14.47B154.649,123Upcoming Earnings
Analyst Forecast
TMUS
T-Mobile US
4.8044 of 5 stars
$217.03
+0.5%
$216.36
-0.3%
+62.9%$254.33B$79.10B27.2067,000Upcoming Earnings
Analyst Downgrade
Insider Selling
CHT
Chunghwa Telecom
1.4783 of 5 stars
$38.22
+0.7%
N/A+7.8%$29.44B$7.17B26.0032,383
ORAN
Orange
N/A$10.96
-0.4%
$12.50
+14.1%
N/A$29.11B$44.61B0.00137,094
TEF
Telefónica
1.2659 of 5 stars
$4.76
-0.4%
N/A+21.1%$26.99B$43.99B-29.75104,142
VOD
Vodafone Group Public
4.4548 of 5 stars
$9.64
-0.4%
N/A+5.4%$25.98B$36.72B0.0093,000
TU
TELUS
3.5006 of 5 stars
$16.14
+0.1%
$26.00
+61.1%
+1.4%$23.82B$19.91B40.34106,400Positive News
TME
Tencent Music Entertainment Group
3.9454 of 5 stars
$12.26
-3.5%
$12.67
+3.4%
+78.8%$21.04B$27.39B24.525,185Positive News
RCI
Rogers Communications
4.9138 of 5 stars
$38.23
+0.6%
$61.75
+61.5%
+6.1%$20.26B$20.42B32.4026,000Upcoming Earnings
Analyst Revision
FOXA
FOX
3.1758 of 5 stars
$41.83
+0.7%
$41.08
-1.8%
+38.7%$19.52B$13.98B13.3610,200
FWONK
Formula One Group
2.0275 of 5 stars
$79.90
+0.9%
$87.50
+9.5%
+20.0%$18.78B$3.69B75.386,800Analyst Forecast

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This page (NYSE:SPOT) was last updated on 10/21/2024 by MarketBeat.com Staff
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