S&P 500   3,283.92 (+0.09%)
DOW   27,063.97 (-0.31%)
QQQ   267.84 (+0.12%)
AAPL   110.04 (-0.04%)
MSFT   203.10 (+0.28%)
FB   251.20 (+1.23%)
GOOGL   1,436.74 (+0.46%)
AMZN   3,035.00 (+2.52%)
NVDA   490.57 (-2.02%)
TSLA   424.94 (-5.44%)
BABA   271.80 (-0.74%)
CGC   15.55 (-1.21%)
GE   6.26 (-1.42%)
MU   48.93 (-0.45%)
AMD   75.95 (-2.55%)
T   28.54 (-0.31%)
F   6.83 (-0.58%)
ACB   6.50 (+2.85%)
GILD   63.40 (-1.26%)
NFLX   481.65 (-1.17%)
DIS   126.07 (+0.53%)
BAC   24.10 (-1.51%)
BA   156.00 (-0.22%)
S&P 500   3,283.92 (+0.09%)
DOW   27,063.97 (-0.31%)
QQQ   267.84 (+0.12%)
AAPL   110.04 (-0.04%)
MSFT   203.10 (+0.28%)
FB   251.20 (+1.23%)
GOOGL   1,436.74 (+0.46%)
AMZN   3,035.00 (+2.52%)
NVDA   490.57 (-2.02%)
TSLA   424.94 (-5.44%)
BABA   271.80 (-0.74%)
CGC   15.55 (-1.21%)
GE   6.26 (-1.42%)
MU   48.93 (-0.45%)
AMD   75.95 (-2.55%)
T   28.54 (-0.31%)
F   6.83 (-0.58%)
ACB   6.50 (+2.85%)
GILD   63.40 (-1.26%)
NFLX   481.65 (-1.17%)
DIS   126.07 (+0.53%)
BAC   24.10 (-1.51%)
BA   156.00 (-0.22%)
S&P 500   3,283.92 (+0.09%)
DOW   27,063.97 (-0.31%)
QQQ   267.84 (+0.12%)
AAPL   110.04 (-0.04%)
MSFT   203.10 (+0.28%)
FB   251.20 (+1.23%)
GOOGL   1,436.74 (+0.46%)
AMZN   3,035.00 (+2.52%)
NVDA   490.57 (-2.02%)
TSLA   424.94 (-5.44%)
BABA   271.80 (-0.74%)
CGC   15.55 (-1.21%)
GE   6.26 (-1.42%)
MU   48.93 (-0.45%)
AMD   75.95 (-2.55%)
T   28.54 (-0.31%)
F   6.83 (-0.58%)
ACB   6.50 (+2.85%)
GILD   63.40 (-1.26%)
NFLX   481.65 (-1.17%)
DIS   126.07 (+0.53%)
BAC   24.10 (-1.51%)
BA   156.00 (-0.22%)
S&P 500   3,283.92 (+0.09%)
DOW   27,063.97 (-0.31%)
QQQ   267.84 (+0.12%)
AAPL   110.04 (-0.04%)
MSFT   203.10 (+0.28%)
FB   251.20 (+1.23%)
GOOGL   1,436.74 (+0.46%)
AMZN   3,035.00 (+2.52%)
NVDA   490.57 (-2.02%)
TSLA   424.94 (-5.44%)
BABA   271.80 (-0.74%)
CGC   15.55 (-1.21%)
GE   6.26 (-1.42%)
MU   48.93 (-0.45%)
AMD   75.95 (-2.55%)
T   28.54 (-0.31%)
F   6.83 (-0.58%)
ACB   6.50 (+2.85%)
GILD   63.40 (-1.26%)
NFLX   481.65 (-1.17%)
DIS   126.07 (+0.53%)
BAC   24.10 (-1.51%)
BA   156.00 (-0.22%)
Log in
NYSE:SPOT

Spotify Stock Forecast, Price & News

$238.01
-1.33 (-0.56 %)
(As of 09/22/2020 11:15 AM ET)
Add
Compare
Today's Range
$234.14
Now: $238.01
$242.34
50-Day Range
$233.89
MA: $255.57
$291.75
52-Week Range
$109.18
Now: $238.01
$299.67
Volume20,347 shs
Average Volume2.07 million shs
Market Capitalization$42.66 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.57
Spotify Technology S.A., together with its subsidiaries, provides music streaming services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers commercial-free music services to subscribers comprising unlimited online and offline high-quality streaming access to its catalog. The Ad-Supported segment provides ad-supported users with limited on-demand online access to its catalog. As of December 31, 2018, the company's platform included 207 million monthly active users and 96 million premium subscribers in approximately 78 countries and territories. Spotify Technology S.A. was founded in 2006 and is based in Luxembourg City, Luxembourg.
Read More
Spotify logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars


Industry, Sector and Symbol

Industry Radio broadcasting stations
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone46-7-022-046-07

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.58 billion
Book Value$12.73 per share

Profitability

Net Income$-208,320,000.00

Miscellaneous

Employees4,405
Market Cap$42.66 billion
Next Earnings Date10/26/2020 (Estimated)
OptionableOptionable
$238.01
-1.33 (-0.56 %)
(As of 09/22/2020 11:15 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Spotify (NYSE:SPOT) Frequently Asked Questions

How has Spotify's stock been impacted by COVID-19 (Coronavirus)?

Spotify's stock was trading at $135.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPOT stock has increased by 75.9% and is now trading at $237.54.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Spotify?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spotify in the last year. There are currently 6 sell ratings, 9 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Spotify
.

When is Spotify's next earnings date?

Spotify is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Spotify
.

How were Spotify's earnings last quarter?

Spotify (NYSE:SPOT) issued its quarterly earnings results on Wednesday, July, 29th. The company reported ($1.91) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $1.42. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.93 billion. Spotify had a negative return on equity of 15.49% and a negative net margin of 4.28%. The company's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.42) earnings per share.
View Spotify's earnings history
.

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

Spotify updated its third quarter 2020 Pre-Market earnings guidance on Wednesday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.04-2.258 billion, compared to the consensus revenue estimate of $2.37 billion.

What price target have analysts set for SPOT?

28 Wall Street analysts have issued 1 year price objectives for Spotify's shares. Their forecasts range from $110.00 to $357.00. On average, they anticipate Spotify's stock price to reach $230.12 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts' price targets for Spotify
.

Who are some of Spotify's key competitors?

What other stocks do shareholders of Spotify own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spotify investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Alibaba Group (BABA), Paypal (PYPL), Advanced Micro Devices (AMD), Square (SQ), salesforce.com (CRM), Shopify (SHOP) and Boeing (BA).

Who are Spotify's key executives?

Spotify's management team includes the following people:
  • Mr. Daniel G. Ek, Co-Founder, CEO & Chairman (Age 36)
  • Mr. Martin Lorentzon Sven, Co-Founder & Director (Age 50)
  • Mr. W. Barry McCarthy Jr., Chief Financial Officer (Age 65)
  • Mr. Alex Norström, Chief Premium Bus. Officer (Age 42)
  • Mr. Gustav Söderström, Chief R&D Officer (Age 42)

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 served as the underwriter for the IPO.

What is Spotify's stock symbol?

Spotify trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPOT."

Who are Spotify's major shareholders?

Spotify's stock is owned by a number of retail and institutional investors. Top institutional investors include Jennison Associates LLC (1.66%), FMR LLC (0.76%), Nuveen Asset Management LLC (0.38%), Gilder Gagnon Howe & Co. LLC (0.33%), Mitsubishi UFJ Trust & Banking Corp (0.25%) and Neuberger Berman Group LLC (0.23%).

Which major investors are selling Spotify stock?

SPOT stock was sold by a variety of institutional investors in the last quarter, including Eminence Capital LP, Cadian Capital Management LP, Epoch Investment Partners Inc., Neuberger Berman Group LLC, Ninety One UK Ltd, Ardevora Asset Management LLP, FIL Ltd, and Russell Investments Group Ltd..

Which major investors are buying Spotify stock?

SPOT stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Softbank Group Corp, FMR LLC, Marsico Capital Management LLC, Driehaus Capital Management LLC, black and white Capital LP, Peregrine Capital Management LLC, and Scout Investments Inc..

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, Robinhood, Fidelity, and Charles Schwab.

What is Spotify's stock price today?

One share of SPOT stock can currently be purchased for approximately $237.54.

How big of a company is Spotify?

Spotify has a market capitalization of $42.58 billion and generates $7.58 billion in revenue each year. The company earns $-208,320,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis. Spotify employs 4,405 workers across the globe.

What is Spotify's official website?

The official website for Spotify is www.spotify.com.

How can I contact Spotify?

Spotify's mailing address is 42-44 AVENUE DE LA GARE, LUXEMBOURG N4, L-1610. The company can be reached via phone at 46-7-022-046-07 or via email at [email protected]

This page was last updated on 9/22/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.