NASDAQ:SPOT - Spotify Stock Price, News, & Analysis

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$133.66 +0.41 (+0.31 %)
(As of 01/20/2019 01:51 PM ET)
Previous Close$133.66
Today's Range$132.5795 - $136.00
52-Week Range$103.29 - $198.99
Volume1.31 million shs
Average Volume1.73 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:SPOT
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
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 earnings results on Thursday, November, 1st. The company reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.51) by $0.74. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.34 billion. The business's revenue was up 31.0% on a year-over-year basis. View Spotify's Earnings History.

When is Spotify's next earnings date?

Spotify is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Spotify.

How can I listen to Spotify's earnings call?

Spotify will be holding an earnings conference call on Wednesday, February 6th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Spotify issued on next quarter's earnings?

Spotify issued an update on its fourth quarter 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) 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 price targets for Spotify's shares. Their forecasts range from $120.00 to $265.00. On average, they anticipate Spotify's share price to reach $190.7037 in the next twelve months. This suggests a possible upside of 42.7% 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, 7 hold ratings, 23 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?

Media headlines about SPOT stock have trended extremely positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spotify earned a news sentiment score of 4.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Spotify?

Spotify saw a decline in short interest during the month of December. As of December 14th, there was short interest totalling 2,008,414 shares, a decline of 38.5% from the November 30th total of 3,264,096 shares. Based on an average trading volume of 1,479,454 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.0% of the company's shares are sold short. View Spotify's Current Options Chain.

Who are Spotify's key executives?

Spotify's management team includes the folowing people:
  • Daniel Ek, Chairman & Chief Executive Officer
  • Barry W. McCarthy, Chief Financial Officer
  • Stig Gustav Victor Söderström, Chief Research & Development Officer
  • Jonathan Forster, VP-EMEA Sales
  • Seth 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.

Who are Spotify's major shareholders?

Spotify's stock is owned by many different of retail and institutional investors. Top institutional investors include Tower View Investment Management & Research LLC (0.00%), Kistler Tiffany Companies LLC (0.00%) and Sterling Investment Advisors Ltd. (0.00%).

Which institutional investors are selling Spotify stock?

SPOT stock was sold by a variety of institutional investors in the last quarter, including Sterling Investment Advisors Ltd..

Which institutional investors are buying Spotify stock?

SPOT stock was bought by a variety of institutional investors in the last quarter, including Kistler Tiffany Companies LLC and Tower View Investment Management & Research LLC.

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 $133.66.


MarketBeat Community Rating for Spotify (NASDAQ SPOT)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  85 (Vote Underperform)
Total Votes:  211
MarketBeat'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 1/20/2019 by MarketBeat.com Staff

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