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

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$186.45 -1.92 (-1.02 %)
(As of 08/20/2018 04:00 PM ET)
Previous Close$188.61
Today's Range$184.49 - $189.00
52-Week Range$135.51 - $198.99
Volume34,463 shs
Average Volume2.34 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Spotify logoSpotify 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) released its quarterly earnings data on Thursday, July, 26th. The company reported ($2.20) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.63) by $1.57. The company 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, October, 25th 2018. View Earnings Estimates for Spotify.

What price target have analysts set for SPOT?

28 brokers have issued 1-year target prices for Spotify's shares. Their predictions range from $130.00 to $230.00. On average, they anticipate Spotify's share price to reach $199.6250 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for Spotify.

What is the consensus analysts' recommendation for Spotify?

28 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, 19 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spotify.

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 a price of $0.00 per share. None served as the underwriter for the IPO.

When does the company's lock-up period expire?

Spotify's lock-up period expires 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. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Has Spotify been receiving favorable news coverage?

Media stories about SPOT stock have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spotify earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned media headlines about the company an impact score of 46.23 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Spotify.

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. (7.28%), Morgan Stanley (0.95%), Alecta Pensionsforsakring Omsesidigt (0.86%), Lansdowne Partners UK LLP (0.65%), Soros Fund Management LLC (0.41%) and FMR LLC (0.30%).

Which institutional investors are buying Spotify stock?

SPOT stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Morgan Stanley, Alecta Pensionsforsakring Omsesidigt, Lansdowne Partners UK LLP, Soros Fund Management LLC, FMR LLC, Contrarius Investment Management Ltd and Partner Fund Management L.P..

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 $186.42.


MarketBeat Community Rating for Spotify (NASDAQ SPOT)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  62 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  100
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 8/20/2018 by MarketBeat.com Staff

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