Spotify Technology SA (SPOT)
NYSE:SPOT

Spotify Technology SA (SPOT) Stock Price & Analysis

4,849 Followers

SPOT Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$69.29 - $182.00
Previous Close$157.33
Volume1.74M
Average Volume (3M)1.96M
Market Cap
$29.93B
Enterprise Value$28.26B
Total Cash (Recent Filing)€3.35B
Total Debt (Recent Filing)€1.68B
Price to Earnings (P/E)-30.1
Beta1.72
Oct 24, 2023
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.23
Shares Outstanding193,290,000
10 Day Avg. Volume1,462,175
30 Day Avg. Volume1,955,974
Standard Deviation0.15
R-Squared0.38
Alpha-0.00529
Financial Highlights & Ratios
Price to Book (P/B)-71.52
Price to Sales (P/S)2.59
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
Price Target Upside19.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering24


Financials

Annual

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Insights

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 $69.28 and its highest was $182.00 in the past 12 months.
    What is Spotify Technology SA’s market cap?
    Currently, no data Available
    When is Spotify Technology SA’s upcoming earnings report date?
    Spotify Technology SA’s upcoming earnings report date is Oct 24, 2023 which is in 5 days.
      How were Spotify Technology SA’s earnings last quarter?
      Spotify Technology SA released its earnings results on Jul 25, 2023. The company reported -$1.636 earnings per share for the quarter, missing the consensus estimate of -$0.666 by -$0.97.
        Is Spotify Technology SA overvalued?
        According to Wall Street analysts Spotify Technology SA’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          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 -$0.23.
            How many shares outstanding does Spotify Technology SA have?
            Spotify Technology SA has 193,293,270 shares outstanding.
              What happened to Spotify Technology SA’s price movement after its last earnings report?
              Spotify Technology SA reported an EPS of -$1.636 in its last earnings report, missing expectations of -$0.666. Following the earnings report the stock price went down -14.256%.
                Which hedge fund is a major shareholder of Spotify Technology SA?
                Among the largest hedge funds holding Spotify Technology SA’s share is Alecta Pensionsforsakring, Omsesidigt. It holds Spotify Technology SA’s shares valued at 478M.

                  ---

                  Spotify Technology SA Stock Smart Score

                  The Spotify Technology SA stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  Learn more about TipRanks Smart Score

                  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.

                  ---

                  Top 5 ETFs holding SPOT

                  Name
                  Market Value
                  Smart Score
                  Vanguard Russell 1000 Growth ETF
                  $17.60M
                  8
                  Vanguard Russell 1000 ETF
                  $3.03M
                  8
                  Vanguard Russell 3000 ETF
                  $1.39M
                  8
                  Vanguard U.S. Momentum Factor ETF
                  $1.13M
                  8
                  US Vegan Climate ETF
                  $110.05K
                  8
                  Up to five ETFs with an Outperform Smart Score that hold SPOT. The ETFs are listed according to market value of SPOT within the ETF

                  Forecast EPS vs Actual EPS


                  Similar Stocks
                  Company
                  Price & Change
                  Follow
                  Apple
                  Microsoft
                  Alphabet Class A
                  Amazon

                  Popular Stocks

                  ---
                  What's Included in PREMIUM?
                  Make informed decisions based on Top Analysts' activity
                  Know what industry insiders are buying
                  Get actionable alerts from top Wall Street Analysts
                  Find out before anyone else which stock is going to shoot up
                  Get powerful stock screeners & detailed portfolio analysis