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Spotify Technology SA

SPOT

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734.120USD

+26.930+3.81%

Close 09/18, 16:00（ET）Quotes delayed by 15 min

151.07BMarket Cap

187.43P/E TTM

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Spotify Technology SA

734.120

+26.930+3.81%

Overview Company Financials Analysis

Analysis

Intraday

30m

Today

+3.81%

5 Days

+6.35%

1 Month

+0.83%

6 Months

+28.91%

Year to Date

+64.09%

1 Year

+113.43%

View Detailed Chart

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Industry Ranking

64 / 470

Overall Ranking

125 / 4721

Industry

Software & IT Services

Support & Resistance

No Data

Score Analysis

Current score

Previous score

Analyst Rating

Based on 40 analysts

Buy

Current Rating

752.788

Target Price

+6.45%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Company Highlights

StrengthsRisks

Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.

High Growth

The company's revenue has grown steadily over the past 3 years, averaging 38.15% year-on-year.

Turnaround to Profit

The company's performance has turned profitable, with the latest annual net income of USD 1.10B.%!(EXTRA int=2)

Overvalued

The company’s latest PE is 184.29, at a high 3-year percentile range.

Institutional Selling

The latest institutional holdings are 190.97M shares, decreasing 1.69% quarter-over-quarter.

Held by Baillie Gifford

Star Investor Baillie Gifford holds 9.63M shares of this stock.

News

Spotify rises after announcing subscription price increase for select markets

** Shares of music streaming platform Spotify SPOT.N rise 4% to $653 in premarket trading** SPOT to raise monthly price of its premium individual subscription in select markets from September** Price will rise to 11.99 euros ($13.86) per month from 10.99 euros in markets including South Asia, the Mi

ReutersMon, Aug 4

Spotify Crashes 11%: Soaring Payroll Taxes Trigger Profit Warning

TradingKey - On July 29, streaming giant Spotify(SPOT) projected lower-than-expected quarterly profits due to elevated payroll tax burdens linked to employee compensation, triggering an immediate over 11% intraday plunge in its share price at market open.

TradingKeyTue, Jul 29