Spotify Technology (SPOT) Stock Price
Spotify Technology Price
Revenue has compounded at 31.4% per year over the past 12 years to 19.83 B EUR. Spotify Technology's net margin stands at 12.9%, up from -0.4% several years earlier. Analysts set a median price target of 522.07 EUR, implying 11.8% above the current price. Of 48 analysts, 38 rate the stock a buy — an overall Buy consensus.
Spotify Technology stock price
Spotify Technology business model & stock analysis
Frequently asked questions about Spotify Technology
The business model of Spotify Technology SA revolves around providing a digital music streaming service to millions of users worldwide. As a leading player in the industry, Spotify allows users to access a vast library of music through its platform, offering both free and premium subscription options. With a focus on personalized recommendations and curated playlists, Spotify generates revenue through paid subscriptions and advertising. By leveraging technology and licensing agreements with various record labels, Spotify has transformed the way people listen to music, offering convenient access to a wide range of songs and artists on-demand.
Spotify Technology SA is primarily active in the music and entertainment industry. With its digital music streaming platform, the company offers a wide range of music, podcasts, and other audio content to its users. As a leader in the music streaming market, Spotify has transformed the way people discover, listen to, and share music worldwide. With partnerships and collaborations across various industries, including music labels, artists, advertisers, and technology, Spotify continues to expand its influence and shape the future of the music industry.
Some of the main competitors of Spotify Technology SA in the market are Apple Music, Amazon Music, and Pandora.
Spotify Technology SA, commonly known as Spotify, is a popular digital music streaming service. Founded in 2006 by Daniel Ek and Martin Lorentzon in Stockholm, Sweden, Spotify allows users to access a vast library of music, podcasts, and videos from various artists and genres. The company originated as an innovative solution to combat music piracy by offering legal and easy access to a wide array of music. As of now, Spotify has grown to become one of the leading music streaming platforms worldwide, with millions of active users. With its user-friendly interface, personalized recommendations, and extensive music catalog, Spotify continues to revolutionize the way people enjoy and discover music.
Spotify Technology SA has achieved several significant milestones since its inception. Firstly, it revolutionized the music industry by offering a user-friendly streaming platform, providing access to a vast music library. Secondly, Spotify surpassed 100 million paid subscribers in 2019, solidifying its position as the largest music streaming service globally. Additionally, the company successfully went public through a direct listing on the New York Stock Exchange in 2018, bolstering investor confidence. Moreover, Spotify has consistently expanded its global reach, entering new markets and striking key partnerships with renowned artists and record labels. These milestones reflect Spotify Technology SA's continuous growth and dominance in the online music streaming sector.
Spotify Technology SA is primarily present in more than 92 countries and regions worldwide. It has a significant presence in North America, Europe, Latin America, and Asia. In North America, Spotify operates in the United States, Canada, and Mexico, among others. In Europe, it covers major countries such as the United Kingdom, Germany, France, Sweden, and Spain. The company also has a strong presence in Latin American countries like Brazil, Mexico, Argentina, and Colombia. In Asia, Spotify is expanding its presence in countries such as Japan, India, Indonesia, and South Korea.
Spotify Technology SA represents a set of core values and a corporate philosophy that drives its operations. The company embraces innovation, aiming to constantly improve its music streaming platform and provide users with the best experience possible. Spotify believes in the power of music to bring people together and aims to create a world where everyone can access and enjoy music freely. They value diversity and strive to create an inclusive and collaborative environment for their employees. Spotify also focuses on sustainability, aiming to reduce their carbon footprint and contribute positively to the environment.
Analysts currently set an average price target of 537.69 EUR for the Spotify Technology stock (median: 522.07 EUR), implying +15.1 % versus the latest price. The consensus is based on 48 analyst ratings.
48 analysts currently rate the Spotify Technology stock: 38 recommend buying, 10 holding and 0 selling. For 2026, analysts expect Spotify Technology to generate revenue of 19.41 B EUR and earnings per share of 11.76 EUR.
The Spotify Technology share (SPOT) is listed on 9 stock exchanges, including: NYSE (SPOT), London (0SPT.L), SIX (Zürich) (SPF.SW), XETRA (639.DE), Frankfurt (639.F), München (639.MU), Düsseldorf (639.DU), Hamburg (639.HM).
Spotify Technology SA is a Swedish company that was founded in 2006 by Daniel Ek and Martin Lorentzon. It offers a digital music streaming platform that allows users to access their favorite music anytime and anywhere. Spotify's business model is based on a subscription model, where users can choose between a free or premium subscription that grants them access to an unlimited music library. Premium subscribers can stream music without ads, listen to music offline, and stream music in higher quality. Spotify also offers a family option for premium subscribers, allowing multiple users to stream together at a discounted price. In addition to music streaming, Spotify provides curated playlists and a wide range of podcasts. The company generated its income through subscription fees and advertising. It has expanded its services to various devices and currently has over 345 million active users worldwide, making it the largest music streaming provider. Spotify has the potential to become a major player in the audio streaming market with its focus on podcasts and audiobooks. In summary, Spotify aims to revolutionize the listening world through its innovative technology and subscription models, constantly striving to provide users with the best music and podcast experience as a leading global provider of audio streaming services.
The expected revenue of Spotify Technology is 19.41 B EUR. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Spotify Technology is 2.50 B EUR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Spotify Technology is currently 39.72. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Spotify Technology stock.
The price-to-sales ratio (P/S) of Spotify Technology is currently 5.11. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Spotify Technology stock.
The Eulerpool Quality Score for Spotify Technology is 6/10.
The ISIN of Spotify Technology is LU1778762911. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Spotify Technology is A2JEGN. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Spotify Technology is SPOT. The ticker symbol is used to trade Spotify Technology shares on the stock exchange.
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All fundamentals and in-depth analysis of Spotify Technology
Our stock analysis for Spotify Technology stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Spotify Technology. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.