Spotify Technology S.A. (SPOT)
- Previous Close
385.10 - Open
382.51 - Bid 384.01 x 900
- Ask 385.75 x 900
- Day's Range
380.63 - 389.33 - 52 Week Range
164.83 - 397.20 - Volume
1,545,041 - Avg. Volume
1,453,414 - Market Cap (intraday)
77.211B - Beta (5Y Monthly) 1.58
- PE Ratio (TTM)
156.30 - EPS (TTM)
2.46 - Earnings Date Nov 12, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
400.81
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.
www.spotify.com7,372
Full Time Employees
December 31
Fiscal Year Ends
Sector
Internet Content & Information
Industry
Recent News: SPOT
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Performance Overview: SPOT
Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: SPOT
View MoreValuation Measures
Market Cap
77.21B
Enterprise Value
73.29B
Trailing P/E
155.31
Forward P/E
42.37
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
4.90
Price/Book (mrq)
16.70
Enterprise Value/Revenue
4.65
Enterprise Value/EBITDA
119.39
Financial Highlights
Profitability and Income Statement
Profit Margin
3.22%
Return on Assets (ttm)
5.08%
Return on Equity (ttm)
14.76%
Revenue (ttm)
14.47B
Net Income Avi to Common (ttm)
466M
Diluted EPS (ttm)
2.46
Balance Sheet and Cash Flow
Total Cash (mrq)
4.95B
Total Debt/Equity (mrq)
43.81%
Levered Free Cash Flow (ttm)
844.75M
Research Analysis: SPOT
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Research Reports: SPOT
View MoreSpotify and Sirius XM: Adjusting Our Moat Ratings to Reflect the Changed Competitive Environment
Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising the firm’s premium segment. Most of the firm’s revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
RatingPrice TargetSpotify Earnings: Significantly Improving Profitability Drives Our Fair Value Estimate to $250
Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.
RatingPrice TargetSpotify Earnings: Stellar Profits While Revenue Growth Accelerates
Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.
RatingPrice TargetSpotify Earnings: Stellar Profits While Revenue Growth Accelerates
Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.
RatingPrice Target