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

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$164.75 +5.50 (+3.45 %)
(As of 10/16/2018 04:00 PM ET)
Previous Close$159.25
Today's Range$156.73 - $165.49
52-Week Range$135.51 - $198.99
Volume1.63 million shs
Average Volume2.08 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

Stock Exchange NASDAQ
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNASDAQ:SPOT
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 Shares178,110,000
Market Cap$0.00

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) posted its quarterly earnings data on Thursday, July, 26th. The company reported ($2.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.63) by $1.57. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. The firm's revenue was up 26.4% 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, November 1st 2018. View Earnings Estimates for Spotify.

How can I listen to Spotify's earnings call?

Spotify will be holding an earnings conference call on Thursday, November 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for SPOT?

31 analysts have issued twelve-month price objectives for Spotify's stock. Their forecasts range from $130.00 to $265.00. On average, they expect Spotify's share price to reach $206.5769 in the next twelve months. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for Spotify.

What is the consensus analysts' recommendation for Spotify?

31 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, 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. 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)
  • 2. 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. " (7/27/2018)

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 (IPO) on Tuesday, April 3rd 2018. The company issued 0 shares at $0.00 per share. None acted 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 IPO 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 major shareholders and company insiders 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 Worm Capital LLC (0.05%), Zweig DiMenna Associates LLC (0.05%), Nikko Asset Management Americas Inc. (0.02%), Parkside Advisors LLC (0.01%), Quattro Financial Advisors LLC (0.00%) and Tower View Investment Management & Research LLC (0.00%).

Which major investors are selling Spotify stock?

SPOT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can.

Which major investors are buying Spotify stock?

SPOT stock was bought by a variety of institutional investors in the last quarter, including Worm Capital LLC, Zweig DiMenna Associates LLC, Nikko Asset Management Americas Inc., Parkside Advisors LLC, Quattro Financial Advisors LLC, Tower View Investment Management & Research LLC and Addison Capital Co.

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 $164.75.


MarketBeat Community Rating for Spotify (NASDAQ SPOT)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  86 (Vote Outperform)
Underperform Votes:  51 (Vote Underperform)
Total Votes:  137
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 10/16/2018 by MarketBeat.com Staff

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