FMP
Spotify Technology S.A.
SPOT
NYSE
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. 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 on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
604.14 USD
-16.58 (-2.74%)
Latest SPOT News
Parth Sanghvi
Mar 12, 2025
Spotify's $10 Billion Royalty Payout Signals Strong Growth in Music Streaming Industry
Spotify (NYSE: SPOT) announced it paid $10 billion in royalties to the music industry in 2024, marking its largest annual payout to date. This milestone reflects the platform’s expanding influence and the continued growth of the global music streaming market. Key Highlights ✅ Record Payout: Spotify’s $10 billion royalty payout in 2024 represents a 10x increase from the $1 billion paid in 2014. ✅ Top-Earning Artists: Nearly 1,500 artists earned over $1 million in royalties through Spotify ...
Gordon Thompson
Feb 4, 2025
Spotify Technology S.A. (NYSE:SPOT) Maintains Strong Market Position Amidst Competition
Spotify Technology S.A. (NYSE:SPOT) is a leading music streaming service known for its vast library and personalized playlists. Competing with the likes of Apple Music and Amazon Music, Spotify has carved out a significant market share. On February 4, 2025, Goldman Sachs maintained its "Buy" rating for Spotify, with the stock priced at $621.77, reflecting confidence in its growth prospects. Spotify's strong subscriber growth and rising margins are key factors driving analyst optimism. The compa...
Davit Kirakosyan
Jan 15, 2025
Spotify Poised for Continued Growth, Price Target Raised to $540 at UBS
Spotify (NYSE:SPOT) shares rose more than 5% intra-day today after UBS analysts increased their price target for the stock to $540, up from $485, while maintaining a Buy rating. This upgrade reflects optimism about the streaming giant’s sustained growth trajectory and strategic initiatives expected to drive further financial gains in 2025 and beyond. The company achieved significant milestones in 2024, including robust revenue growth of approximately 20%, over 400 basis points of gross margin e...
Stuart Mooney
Nov 13, 2024
Spotify Technology S.A. (NYSE:SPOT) Q3 Earnings Overview
Spotify Technology S.A. (NYSE:SPOT) is a leading music streaming service known for its vast library and personalized playlists. The company competes with other streaming giants like Apple Music and Amazon Music. On November 12, 2024, Spotify reported its third-quarter earnings, revealing an earnings per share (EPS) of $1.61, which was below the expected $1.88. The company's revenue was approximately $4.44 billion, slightly missing the forecasted $4.48 billion. Despite the earnings miss, Spotify...
Rayan Ahmad
Oct 21, 2024
Spotify Technology S.A. (NYSE: SPOT) Quarterly Earnings Preview
Spotify Technology S.A. (NYSE: SPOT) is a leading music streaming service known for its vast library and personalized playlists. As it prepares to release its quarterly earnings on October 22, 2024, Wall Street analysts predict an earnings per share (EPS) of $1.77 and revenue of around $4.38 billion. This release is highly anticipated, with options traders showing significant interest, suggesting potential stock price movement. The recent surge in options trading volume for Spotify indicates th...
The Motley Fool
Aug 25, 2024
2 Tech Stocks You Can Buy and Hold for the Next Decade
Spotify Technologies generates roughly 90% of its revenue from its subscribers. Meta Platforms' enormous free cash flow (nearly $50 billion) dwarfs even that of energy giants like ExxonMobil and Chevron.
PYMNTS
Aug 23, 2024
CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation'
European Union (EU) regulations impacting artificial intelligence (AI) may deny the region's businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek wrote in a joint statement released Friday (Aug. 23).
Reuters
Aug 23, 2024
Meta, Spotify CEOs take aim at European AI regulations
Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have critisised European regulations surrounding open-source artificial intelligence, saying the continent risks falling behind because of complex rules.
Zacks Investment Research
Aug 22, 2024
On the Rise: 4 Must-Buy Non-U.S. Stocks With Solid Earnings
We have narrowed our search to four high-flying non-U.S. corporate bigwigs with more upside left. These are: TSM, STX, SPOT, ETN.
Zacks Investment Research
Aug 22, 2024
Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It
Spotify (SPOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
