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Spotify Technology S.A. (SPOT)

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339.90 +1.58 (+0.47%)
At close: August 9 at 4:00 PM EDT
339.90 0.00 (0.00%)
After hours: 8:00 PM EDT
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DELL
  • Previous Close 338.32
  • Open 337.27
  • Bid 339.40 x 900
  • Ask 340.50 x 900
  • Day's Range 333.67 - 343.27
  • 52 Week Range 129.23 - 359.38
  • Volume 906,373
  • Avg. Volume 1,827,153
  • Market Cap (intraday) 68.255B
  • Beta (5Y Monthly) 1.59
  • PE Ratio (TTM) 137.06
  • EPS (TTM) 2.48
  • Earnings Date Jul 23, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 388.72

Spotify 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.

www.spotify.com

7,372

Full Time Employees

December 31

Fiscal Year Ends

Communication Services

Sector

Internet Content & Information

Industry

More about Spotify Technology S.A.

Recent News: SPOT

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Related Videos: SPOT

Disney may have to pay $5B more for Comcast's stake in Hulu

CFRA research director of equity research Ken Leon joins Catalysts to discuss the state of the streaming industry and some of the challenges traditional media giants are up against. Leon believes that Netflix (NFLX) is the streamer best positioned to capitalize off of ad revenue. He also points to Spotify (SPOT) as a top player in music streaming.  "Advertisers follow where viewership is growing, which is the continued pivot from legacy networks," Leon says. He notes that advertising is increasingly digital, making it "very agile in terms of turning it on and turning it off." Therefore, traditional media giants are now competing against platforms like Google's (GOOG, GOOGL) YouTube TV and TikTok. As Disney (DIS) may have to pay $5 billion more to buy Comcast's (CMCSA) stake in Hulu, Leon explains that CEO Bob Iger is "looking at streaming besides sports and saying we need general entertainment. So Hulu rounds out our offering along with our family Disney+. That's where we are. The deal will get done." He anticipates the deal to close by January, and while it may be a significant move for Disney, he adds, "I'm not sure that's a driver or a catalyst for the stock." Disney reported an overall earnings beat on its top and bottom line for its fiscal third quarter, the media giant expecting profitability in its streaming segments despite some pressures. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Yahoo Finance Video · 3d ago
DIS
+0.29%
NFLX
+0.57%

Performance Overview: SPOT

Trailing total returns as of 8/9/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SPOT
80.88%
S&P 500
12.04%

1-Year Return

SPOT
145.65%
S&P 500
18.78%

3-Year Return

SPOT
53.13%
S&P 500
20.46%

5-Year Return

SPOT
115.59%
S&P 500
81.89%

Compare To: SPOT

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Statistics: SPOT

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Valuation Measures

Annual
As of 8/9/2024

  • Market Cap

    68.25B

  • Enterprise Value

    64.32B

  • Trailing P/E

    136.43

  • Forward P/E

    60.61

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.31

  • Price/Book (mrq)

    14.67

  • Enterprise Value/Revenue

    4.07

  • Enterprise Value/EBITDA

    104.48

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.22%

  • Return on Assets (ttm)

    5.08%

  • Return on Equity (ttm)

    14.76%

  • Revenue (ttm)

    14.47B

  • Net Income Avi to Common (ttm)

    466M

  • Diluted EPS (ttm)

    2.48

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.95B

  • Total Debt/Equity (mrq)

    43.81%

  • Levered Free Cash Flow (ttm)

    844.75M

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Research Analysis: SPOT

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Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

245.09 Low
388.72 Average
339.90 Current
460.17 High
 
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Company Insights: SPOT

Research Reports: SPOT

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  • Spotify Earnings: Significantly Improving Profitability Drives Our Fair Value Estimate to $250

    Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.

    Rating
    Price Target
    Morningstar• 18 days ago
     

  • Spotify Earnings: Stellar Profits While Revenue Growth Accelerates

    Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.

    Rating
    Price Target
    Morningstar• 3 months ago
     

  • Spotify Earnings: Stellar Profits While Revenue Growth Accelerates

    Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.

    Rating
    Price Target
    Morningstar• 3 months ago
     

  • Spotify Earnings: Stellar Profits While Revenue Growth Accelerates

    Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.

    Rating
    Price Target
    Morningstar• 3 months ago
     
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