Spotify Technology (SPOT) Stock Price

Spotify Technology Price

XETRA·CLOSED
466.61EUR-6.85 (-1.46 %)
Market closed

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 504.56 EUR, implying 8.1% above the current price. Of 48 analysts, 39 rate the stock a buy — an overall Buy consensus. The stock trades about 27% above its 52-week low.

Spotify Technology stock price

Volume
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Spotify Technology over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Spotify Technology stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Spotify Technology's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Spotify Technology Stock Price History
DateSpotify Technology Price
8/31/2026466.61 EUR
8/28/2026473.46 EUR
8/27/2026450.80 EUR
8/26/2026471.49 EUR
8/25/2026473.67 EUR
8/24/2026457.95 EUR
8/21/2026458.10 EUR
8/20/2026460.55 EUR
8/19/2026463.29 EUR
8/18/2026448.42 EUR
8/14/2026444.69 EUR
8/13/2026431.99 EUR
8/12/2026424.12 EUR
8/10/2026444.92 EUR
8/7/2026422.57 EUR
8/6/2026411.25 EUR
8/5/2026417.45 EUR
8/4/2026413.93 EUR
8/3/2026421.00 EUR
7/31/2026432.78 EUR
7/30/2026452.40 EUR
7/29/2026453.62 EUR
7/28/2026442.84 EUR
7/27/2026428.26 EUR
7/24/2026417.82 EUR
7/23/2026468.99 EUR
7/22/2026474.16 EUR
6/22/2026453.78 EUR
6/18/2026468.08 EUR
6/17/2026455.60 EUR
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Spotify Technology Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
15.29 B EUR
-514.73 M EUR
-613.98 M EUR
Jan 1, 2024
18.09 B EUR
1.58 B EUR
1.31 B EUR
Jan 1, 2025
19.83 B EUR
2.54 B EUR
2.55 B EUR
Jan 1, 2026 (e)
19.93 B EUR
3.64 B EUR
2.57 B EUR
Jan 1, 2027 (e)
22.82 B EUR
4.59 B EUR
3.22 B EUR
Jan 1, 2028 (e)
25.93 B EUR
5.85 B EUR
4.03 B EUR
Jan 1, 2029 (e)
29.35 B EUR
6.16 B EUR
4.61 B EUR
Jan 1, 2030 (e)
33.17 B EUR
7.52 B EUR
5.63 B EUR

Spotify Technology Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 4, 2026, 6:05 AM
 
REVENUEB EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB EUR
EBITB EUR
EBIT MARGIN%
NET INCOMEB EUR
NET INCOME GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
2.243.414.726.077.819.0911.1613.5315.2918.0919.8319.9322.8225.9329.3533.17
106.2752.1938.5828.5828.6216.5022.6921.3112.9618.329.650.5014.4613.6413.2112.99
11.6213.5620.7425.7225.4525.5726.8024.9425.6430.1431.9831.9831.9831.9831.9831.98
0.260.460.981.561.992.332.993.383.925.456.346.377.308.299.3910.60
-0.27-0.61-0.44-0.05-0.08-0.340.11-0.76-0.511.582.543.644.595.856.167.52
-12.11-17.94-9.24-0.81-1.08-3.720.97-5.62-3.368.7112.7918.2520.1022.5820.9922.67
-0.27-0.62-1.43-0.09-0.21-0.67-0.04-0.50-0.611.312.552.573.224.034.615.63
40.96134.72129.10-93.68137.78213.08-94.181,171.7923.59-314.1994.360.7125.1425.4414.1822.17
212.49149.80178.11190.51182.94189.85192.14193.29196.04209.01212.49212.49212.49212.49212.49212.49
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Spotify Technology generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Spotify Technology retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Spotify Technology's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Spotify Technology has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Spotify Technology's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Spotify Technology stock margins

The Spotify Technology margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Spotify Technology. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Spotify Technology.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
26.80 %
0.97 %
-0.35 %
Jan 1, 2022
24.95 %
-5.62 %
-3.67 %
Jan 1, 2023
25.64 %
-3.37 %
-4.02 %
Jan 1, 2024
30.14 %
8.71 %
7.26 %
Jan 1, 2025
31.98 %
12.79 %
12.87 %
Jan 1, 2026 (e)
31.98 %
18.25 %
12.90 %
Jan 1, 2027 (e)
31.98 %
20.10 %
14.10 %
Jan 1, 2028 (e)
31.98 %
22.58 %
15.56 %

Spotify Technology Stock Revenue, EBIT, Earnings per Share

The Spotify Technology earnings per share therefore indicates how much revenue Spotify Technology has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
58.07 EUR
0.56 EUR
-0.20 EUR
Jan 1, 2022
70.02 EUR
-3.93 EUR
-2.57 EUR
Jan 1, 2023
77.99 EUR
-2.63 EUR
-3.13 EUR
Jan 1, 2024
86.54 EUR
7.54 EUR
6.28 EUR
Jan 1, 2025
93.34 EUR
11.94 EUR
12.01 EUR
Jan 1, 2026 (e)
96.82 EUR
17.12 EUR
12.49 EUR
Jan 1, 2027 (e)
110.82 EUR
21.58 EUR
15.62 EUR
Jan 1, 2028 (e)
125.94 EUR
27.55 EUR
19.60 EUR

Spotify Technology business model & stock analysis

Spotify Technology SA is a Swedish company that was founded in 2006 by Daniel Ek and Martin Lorentzon. The company is globally known for its music streaming platform, which offers both free and ad-supported, as well as premium subscription options. With its headquarters in Stockholm, the company employs over 6,500 people in 79 countries. The idea for Spotify came about when Daniel Ek was frustrated by the inability to play his music collection on a mobile device. Together with Martin Lorentzon, they developed a platform that allows users to listen to music from various artists and labels without actually owning it. The platform uses proprietary technology that enables real-time music streaming while adjusting the playback quality according to available bandwidth. Spotify provides its users access to an extensive music catalog with millions of songs and artists. The platform offers personalized playlists, recommendations, and radio stations based on user listening habits. It is available on various devices including desktop and laptop computers, mobile devices, tablets, speakers, and smart TVs. Users can also listen to podcasts, audiobooks, and other audio content on the platform. In recent years, the company has established itself as one of the leading music streaming services worldwide. As of 2020, Spotify had over 345 million users, with 155 million paying subscribers. The company's revenue in 2019 amounted to 7.88 billion euros. Spotify has also expanded its business areas in recent years. The company has made several acquisitions, including Podz, Megaphone, Gimlet Media, Parcast, and Anchor FM, allowing it to incorporate podcasts and other audio content into its offerings. Spotify has also introduced a range of tools and services for artists to promote their music and build their careers. The company also offers various advertising services. Advertisers can place ads on the platform based on user listening habits and interests. The company also provides advertising space in its podcasts and other audio content. Spotify has also formed partnerships with several companies in various fields. Some of its key partnerships include those with Samsung, Google, and Amazon. These partnerships have allowed Spotify to integrate its services across different platforms and devices, offering users a seamless and diverse experience. Overall, Spotify has a remarkable history as one of the pioneers in the music streaming industry. The company has become one of the leading players in the industry, known for its extensive music collection, personalized recommendations, and technological innovations. With its expansion into podcasts and other audio content, as well as its efforts to support artists and advertisers, the company has positioned itself to maintain its leadership position in the future.

Spotify Technology SWOT Analysis

Strengths

Spotify is a leading global music streaming platform with a large user base and a vast music library, giving it a competitive edge. The platform offers personalized recommendations and curated playlists, enhancing the user experience and driving user engagement.

The company has strong partnerships with major record labels and artists, allowing it to offer exclusive content and access to popular music. This helps differentiate Spotify from its competitors and attract new users.

Weaknesses

Although Spotify has a strong user base, it faces significant competition from other music streaming platforms such as Apple Music and Amazon Music. These competitors have their own advantages, such as integration with popular hardware devices, which may affect Spotify's market share.

The company heavily relies on music licensing agreements, which can be costly. Changes in licensing terms or disputes with record labels could impact Spotify's profitability and availability of certain music content.

Opportunities

The growing trend of music streaming presents a significant opportunity for Spotify to expand its user base and revenue. Additionally, the company can explore partnerships with emerging artists and independent labels to offer unique and exclusive content, catering to niche audiences.

Spotify can also leverage its user data and analytics capabilities to offer targeted advertising and personalized promotions, creating an additional revenue stream and attracting potential advertisers.

Threats

The music industry is highly competitive and continually evolving. Competitors can innovate, launch new features, and secure exclusive content, potentially eroding Spotify's market share.

Regulatory challenges, such as copyright laws and royalty disputes, can pose threats to Spotify's operations and financial performance. Additionally, data privacy concerns and security breaches may damage the company's reputation and result in user attrition.

Spotify Technology Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Spotify Technology Employees
Details
Date
Spotify Technology Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Spotify Technology Segments

Spotify Technology Revenue by Segment

  • 3 Years

  • Max

Premium
Ad-Supported
Details
Date
Premium
Ad-Supported
Jan 1, 2021
8.46 B EUR
1.21 B EUR
Jan 1, 2022
10.25 B EUR
1.48 B EUR
Jan 1, 2023
11.57 B EUR
1.68 B EUR
Jan 1, 2024
13.82 B EUR
1.85 B EUR

Spotify Technology Revenue by Region

  • 3 Years

  • Max

Other countries
United States
United Kingdom
Luxembourg
Details
Date
Other countries
United States
United Kingdom
Luxembourg
Jan 1, 2021
4.98 B EUR
3.69 B EUR
994.00 M EUR
6.00 M EUR
Jan 1, 2022
5.90 B EUR
4.71 B EUR
1.11 B EUR
7.00 M EUR
Jan 1, 2023
6.78 B EUR
5.23 B EUR
1.23 B EUR
9.00 M EUR
Jan 1, 2024
8.04 B EUR
6.14 B EUR
1.48 B EUR
10.00 M EUR

Spotify Technology Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Spotify Technology historical P/E ratio, EBIT multiple, and P/S ratio

Spotify Technology annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Spotify Technology shares outstanding

The number of shares of Spotify Technology was 212.49 M in 2025. This indicates how many shares Spotify Technology is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
192.14 M Stocks
Jan 1, 2022
193.29 M Stocks
Jan 1, 2023
196.04 M Stocks
Jan 1, 2024
209.01 M Stocks
Jan 1, 2025
212.49 M Stocks
Jan 1, 2026 (e)
212.49 M Stocks
Jan 1, 2027 (e)
212.49 M Stocks
Jan 1, 2028 (e)
212.49 M Stocks

Current Spotify Technology forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
81.25 % (39)
Hold
18.75 % (9)
Sell
0.00 % (0)
12M Price Target
504.56
Last Price
481.83
Currency
EUR
12M Return Potential
4.72 %
LTM Return
0 %

Spotify Technology Analyst Rating Actions

DateFirmActionRatingReliability
8/13/2026
Argus Research
Argus Research
MaintainedBuy–
8/5/2026
Rosenblatt
Rosenblatt
MaintainedNeutral72
8/5/2026
Guggenheim
Guggenheim
MaintainedBuy30
8/5/2026
Cantor Fitzgerald
Cantor Fitzgerald
MaintainedNeutral41
7/22/2026
Benchmark
Benchmark
MaintainedBuy72
7/10/2026
UBS
UBS
MaintainedBuy46
7/9/2026
Wells Fargo
Wells Fargo
MaintainedOverweight55
7/9/2026
Rosenblatt
Rosenblatt
MaintainedNeutral72
5/26/2026
Cantor Fitzgerald
Cantor Fitzgerald
MaintainedNeutral41
5/22/2026
Wells Fargo
Wells Fargo
MaintainedOverweight55

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Spotify Technology Earnings Calls

2025

Spotify Technology Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/4/20262.80EUR-4.89 BEUR-2026 Q2
4/28/20262.97EUR-4.62 BEUR-2026 Q1
2/10/20262.79EUR-4.61 BEUR-2025 Q4
11/12/20241.75EUR-4.10 BEUR-2024 Q3
4/23/20240.19EUR-3.72 BEUR-2024 Q1
1/29/20240.29EUR-3.80 BEUR-2023 Q4
7/27/2022-0.65EUR-2.86 BEUR-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the Spotify Technology stock

50/100
42
Environment
59
Social
49
Governance
E

Environment

20
Scope 1 - Direct Emissions1,053
Scope 2 - Indirect emissions from purchased energy4,178
Scope 3 - Indirect emissions within the value chain275,891
Total CO₂ emissions5,231
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees43.9
Percentage of women in management—
Percentage of Asian employees21.7
Share of Asian management—
Percentage of Hispanic/Latino employees9.3
Hispano/Latino Management share—
Percentage of Black employees7.4
Black Management Share—
Percentage of white employees57.1
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Spotify Technology shareholder structure

% Name
5.52618%
BLACKROCK, INC.
BLACKROCK, INC.
4.07026%
MORGAN STANLEY
MORGAN STANLEY
3.99155%
BAILLIE GIFFORD & CO
BAILLIE GIFFORD & CO
2.29688%
STATE STREET CORP
STATE STREET CORP
2.23607%
PRICE T ROWE ASSOCIATES INC /MD/
PRICE T ROWE ASSOCIATES INC /MD/
1.61243%
WELLINGTON MANAGEMENT GROUP LLP
WELLINGTON MANAGEMENT GROUP LLP
...

Spotify Technology Beneficial Ownership Filings (SEC 13D/G)

Free Float
73.6%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
21.10%
Spotify Technology S.A.
Spotify Technology S.A.
SEC ↗
21.10%
Spotify AB
Spotify AB
SEC ↗
19.70%
10
10
SEC ↗
17.20%
D.G.E. Investments Limited
D.G.E. Investments Limited
SEC ↗
17.20%
Daniel Ek
Daniel Ek
SEC ↗
11.00%
Baillie Gifford & Co (Scottish partnership)
Baillie Gifford & Co (Scottish partnership)
SEC ↗
9.20%
Tencent Holdings Limited
Tencent Holdings Limited
SEC ↗
8.40%
52-0556948
52-0556948
SEC ↗
7.20%
Tiger Global Management, LLC
Tiger Global Management, LLC
SEC ↗
7.20%
Scott Shleifer
Scott Shleifer
SEC ↗

Spotify Technology Executives and Management Board

14 members · avg. age 55 · 29 % women

GS

Mr. Gustav Soderstrom (48)

Co-President, Chief Product and Technology Officer · since 2023

18.73 M EUR

Management

AN

Mr. Alex Norstroem (48)

Co-President, Chief Business Officer · since 2023

18.36 M EUR
DJ

Ms. Dustee Jenkins (46)

Chief Public Affairs Officer

6.31 M EUR
CL

Mr. Christian Luiga (56)

Chief Financial Officer

6.05 M EUR
DE

Mr. Daniel Ek (41)

Chairman of the Board, Chief Executive Officer, Founder

667,308.00 EUR

Board of Directors

ML

Mr. Martin Lorentzon (55)

Co-Founder, Director · since 2008

752,626.00 EUR
SM

Mr. Shishir Mehrotra (45)

Director

649,488.00 EUR
TS

Mr. Thomas Staggs (64)

Independent Director

496,687.00 EUR
BM

Mr. Barry McCarthy (71)

Director

456,418.00 EUR
TS

Mr. Theodore Sarandos (60)

Director

456,418.00 EUR
MS

Ms. Mona Sutphen (57)

Independent Director

427,301.00 EUR

Spotify Technology Supply Chain

Spotify Technology Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Coupa Software
Supplier·Software·US
0.52
0.53
0.80
0.95
0.90
0.92
—
2
BlackLine
Supplier·Software·US
0.71
0.76
0.82
0.96
0.95
0.79
0.55
3
cbdMD
Supplier·Customer·Pharmaceuticals·US
0.89
0.49
0.74
0.86
0.76
0.78
—
4
Tencent Music ADR
Supplier·Customer·Entertainment·CN
0.24
0.73
0.81
0.93
0.71
0.78
—
5
PagSeguro Digital A
Supplier·IT Services·BR
0.94
0.81
0.80
0.93
0.71
0.76
—
#Nameβ 1YTrend
1
DLocal A
Supplier·IT Services·UY
0.78
0.80
0.92
0.73
0.70
—
—
2
Next Fifteen Comm
Supplier·Media·GB
0.77
0.77
0.22
-0.27
-0.47
—
—
3
Integral Ad Science Holding
Supplier·Customer·Media·US
0.61
0.80
0.82
0.90
—
—
—
4
Meredith Corporation
Customer·US
0.49
-0.24
-0.26
-0.74
-0.79
—
—
5
Acast
Supplier·Customer·Interactive Media & Services·SE
0.44
0.46
0.71
0.88
—
—
—

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 519.66 EUR for the Spotify Technology stock (median: 504.56 EUR), implying +7.9 % versus the latest price. The consensus is based on 48 analyst ratings.

Spotify Technology Analyst Price Targets 2026

48 analysts currently rate the Spotify Technology stock: 39 recommend buying, 9 holding and 0 selling. For 2026, analysts expect Spotify Technology to generate revenue of 19.93 B EUR and earnings per share of 12.10 EUR.

Spotify Technology Analyst Price Targets 2026

The Spotify Technology share (SPOT) is listed on 9 stock exchanges, including: NYSE (SPOT), XETRA (639.DE), Frankfurt (639.F), München (639.MU), Düsseldorf (639.DU), Hamburg (639.HM), London (0SPT.L), SIX (Zürich) (SPF.SW).

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 19.93 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Spotify Technology is 2.57 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 38.57. 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 4.97. 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.

Spotify Technology paid dividends every year for the past 0 years.

Spotify Technology is assigned to the 'Communication' sector.

The dividends of Spotify Technology are distributed in EUR.

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.

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