NASDAQ:SPOT - Spotify Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $134.21 -2.75 (-2.01 %) (As of 11/16/2018 04:00 PM ET)Previous Close$136.96Today's Range$132.67 - $137.489952-Week Range$126.75 - $198.99Volume868,477 shsAverage Volume2.10 million shsMarket CapitalizationN/AP/E RatioN/ADividend YieldN/ABetaN/A ProfileDiscussionAnalyst RatingsChartEarningsInstitutional OwnershipHeadlinesOptions ChainSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Spotify Technology SA is an innovative digital music service offering music fans instant access to a world of music. The company enables on-demand streaming of audio content and aim to combat music piracy by offering a user experience, while monetizing licensed content with both an ad-supported, free-to-the-user model and a premium, paid model. It provides a marketplace for additional products such as live events and music downloads. The company was founded by Daniel Ek and Martin Lorentzon in 2006 and is headquartered in Luxembourg. Receive SPOT News and Ratings via Email Sign-up to receive the latest news and ratings for SPOT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry N/A Sub-IndustryN/A SectorN/A Current SymbolNASDAQ:SPOT Previous Symbol CUSIPN/A WebN/A PhoneN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / CashN/A Book ValueN/A Price / BookN/A Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/A Miscellaneous EmployeesN/A Outstanding Shares178,110,000Market Cap$0.00 OptionableOptionable Spotify (NASDAQ:SPOT) Frequently Asked Questions What is Spotify's stock symbol? Spotify trades on the NASDAQ under the ticker symbol "SPOT." How were Spotify's earnings last quarter? Spotify (NASDAQ:SPOT) announced its quarterly earnings results on Thursday, November, 1st. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of ($0.51) by $0.74. The business earned $1.35 billion during the quarter, compared to analysts' expectations of $1.34 billion. The firm's revenue for the quarter was up 31.0% compared to the same quarter last year. View Spotify's Earnings History. When is Spotify's next earnings date? Spotify is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Spotify. What guidance has Spotify issued on next quarter's earnings? Spotify updated its fourth quarter 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.539-1.767 billion, compared to the consensus revenue estimate of $1.69 billion. What price target have analysts set for SPOT? 32 brokerages have issued 1-year target prices for Spotify's stock. Their predictions range from $130.00 to $265.00. On average, they expect Spotify's share price to reach $200.2593 in the next year. This suggests a possible upside of 49.2% from the stock's current price. View Analyst Price Targets for Spotify. What is the consensus analysts' recommendation for Spotify? 32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spotify in the last year. There are currently 1 sell rating, 6 hold ratings, 24 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spotify. What are Wall Street analysts saying about Spotify stock? Here are some recent quotes from research analysts about Spotify stock: 1. According to Zacks Investment Research, "Spotify Technology S.A. provides music streaming services. The Company offers commercial free music and ad-supported services to subscribers. Spotify Technology S.A. is based in Sweden. " (11/7/2018) 2. Cfra analysts commented, "We project significant revenue growth, of 26% to 29% annually through 2020. We think these gains will be driven largely by increases in monthly active users (MAUs) and subscribers. In addition, as the company adds to its user base and builds on its advertising offerings, we see related targeting and pricing improving. User engagement has been a SPOT strength that is also critical to growth." (9/19/2018) Has Spotify been receiving favorable news coverage? Press coverage about SPOT stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spotify earned a news impact score of 0.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. Who are Spotify's key executives? Spotify's management team includes the folowing people: Daniel Ek, Chairman & Chief Executive OfficerBarry W. McCarthy, Chief Financial OfficerStig Gustav Victor Söderström, Chief Research & Development OfficerJonathan Forster, VP-EMEA SalesSeth Farbman, Chief Marketing Officer When did Spotify IPO? (SPOT) raised $0 in an initial public offering on Tuesday, April 3rd 2018. The company issued 0 shares at $0.00 per share. None served as the underwriter for the IPO. When did the company's lock-up period expire? Spotify's lock-up period expired on Monday, October 1st. Spotify had issued 55,731,480 shares in its initial public offering on April 3rd. The total size of the offering was $9,245,852,532 based on an initial share price of $165.90. Since the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted. Who are Spotify's major shareholders? Spotify's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (8.52%), Alecta Pensionsforsakring Omsesidigt (0.72%), Steadfast Capital Management LP (0.69%), JPMorgan Chase & Co. (0.67%), Lansdowne Partners UK LLP (0.58%) and Point72 Asset Management L.P. (0.57%). Which institutional investors are selling Spotify stock? SPOT stock was sold by a variety of institutional investors in the last quarter, including Soros Fund Management LLC, Alecta Pensionsforsakring Omsesidigt, Steadfast Capital Management LP, Lansdowne Partners UK LLP, Millennium TVP Management Co. LLC, JS Capital Management LLC, Man Group plc and Jennison Associates LLC. Which institutional investors are buying Spotify stock? SPOT stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Point72 Asset Management L.P., Capital Research Global Investors, Massachusetts Financial Services Co. MA, Epoch Investment Partners Inc., Bessemer Group Inc., Eagle Asset Management Inc. and Robeco Institutional Asset Management B.V.. How do I buy shares of Spotify? Shares of SPOT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Spotify's stock price today? One share of SPOT stock can currently be purchased for approximately $134.21. MarketBeat Community Rating for Spotify (NASDAQ SPOT)Community Ranking: 3.1 out of 5 ( )Outperform Votes: 106 (Vote Outperform)Underperform Votes: 65 (Vote Underperform)Total Votes: 171MarketBeat's community ratings are surveys of what our community members think about Spotify and other stocks. Vote "Outperform" if you believe SPOT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPOT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 11/16/2018 by MarketBeat.com StaffFeatured Article: Are all No-Load Funds Equal?