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Spotify Technology SA

SPOT
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503.020USD
+6.070+1.22%
Close 06/08, 16:00ETQuotes delayed by 15 min
105.53BMarket Cap
44.11P/E TTM

Spotify Technology SA

503.020
+6.070+1.22%
View Detailed Chart
Intraday
1m
30m
1h
D
W
M
D

Today

+1.22%

5 Days

-0.93%

1 Month

+20.39%

6 Months

-12.11%

Year to Date

-13.38%

1 Year

-29.38%

Key Insights

Spotify Technology SA's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 43 out of 489 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 607.91.In the medium term, the stock price is expected to remain stable.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Spotify Technology SA's Score

Industry at a Glance

Industry Ranking
43 / 489
Overall Ranking
101 / 4584
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Spotify Technology SA 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 65.94% year-on-year.
Fairly Valued
The company’s latest PE is 44.12, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 143.33M shares, increasing 0.51% quarter-over-quarter.
Held by HACAX
Star Investor HACAX holds 5.80K shares of this stock.

Analyst Rating

Based on 42 analysts
Buy
Current Rating
607.911
Target Price
+22.33%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Spotify Technology SA Info

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.
Ticker SymbolSPOT
CompanySpotify Technology SA
CEOEk (Daniel G)
Websitehttps://www.spotify.com/lu-fr/premium/
KeyAI