Spotify Technology S.A. (SPOT)

LU — Communication Services Sector
Peers: DASH  T  VZ  CMCSA  NBIS  RDDT  TME  BIDU 

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Key Metrics & Ratings

  • symbol SPOT
  • Rev/Share 80.8706
  • Book/Share 32.3241
  • PB 17.0896
  • Debt/Equity 0.3594
  • CurrentRatio 1.4732
  • ROIC 0.1284

 

  • MktCap 113077896525.7036
  • FreeCF/Share 13.7275
  • PFCF 40.0985
  • PE 140.7931
  • Debt/Assets 0.1769
  • DivYield 0
  • ROE 0.14

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated SPOT Pivotal Research Group -- Buy $900 $875 Nov. 5, 2025
Downgrade SPOT Goldman Buy Neutral -- $770 Sept. 30, 2025
Initiation SPOT Argus -- Buy -- $845 Sept. 29, 2025
Initiation SPOT BNP Paribas Exane -- Outperform -- $900 Sept. 16, 2025
Upgrade SPOT DZ Bank Sell Hold -- $652 July 30, 2025
Upgrade SPOT Oppenheimer Perform Outperform -- $800 July 24, 2025
Reiterated SPOT Pivotal Research Group -- Buy $800 $900 June 17, 2025
Upgrade SPOT Wolfe Research Peer Perform Outperform -- $660 April 21, 2025
Initiation SPOT FBN Securities -- Sector Perform -- $645 March 28, 2025
Initiation SPOT China Renaissance -- Buy -- $740 March 26, 2025

News

Spotify introduces a Premium Platinum plan with lossless access in five markets
SPOT
Published: November 13, 2025 by: TechCrunch
Sentiment: Positive

Spotify is shaking up its premium offering and introducing new tiers called Premium Lite, Premium Standard, and Premium Platinum in five markets, including India, Indonesia, the United Arab Emirates, Saudi Arabia, and South Africa.

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image for news Spotify introduces a Premium Platinum plan with lossless access in five markets
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
SPOT
Published: November 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.

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image for news Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
Spotify Chief Financial Officer to Present at the 2025 Morgan Stanley European Technology, Media & Telecom Conference
SPOT
Published: November 11, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Christian Luiga, Chief Financial Officer, plans to present at the 2025 Morgan Stanley European Technology, Media & Telecom Conference on Thursday, November 13, 2025. Mr. Luiga is scheduled to appear at 9:00 a.m. Central European Time. The webcast will be available live and for replay on the Spotify Investor Relations website at http://investors.spotify.com About Spotify Technology S.A. Since its launch in 2.

Read More
image for news Spotify Chief Financial Officer to Present at the 2025 Morgan Stanley European Technology, Media & Telecom Conference
Spotify, National Music Publishers' Assn. Partner To Boost Revenue For Music Creators
SPOT
Published: November 11, 2025 by: Forbes
Sentiment: Positive

The National Music Publishers' Assn. and Spotify, which have been embroiled in a longstanding feud centered on diminishing publisher royalty rates in the U.S., are taking a step together to bring a new revenue stream to music creators.

Read More
image for news Spotify, National Music Publishers' Assn. Partner To Boost Revenue For Music Creators
Spotify Posts Huge EPS Beat: Shares Are Still Down Big From Highs
SPOT
Published: November 05, 2025 by: MarketBeat
Sentiment: Positive

While still 19% off its all-time high from June, recent developments—including a CEO transition and an earnings beat—could reshape the company's trajectory.

Read More
image for news Spotify Posts Huge EPS Beat: Shares Are Still Down Big From Highs
Spotify: Solid Premium Growth As Price Increases Are Set To Kick In
SPOT
Published: November 04, 2025 by: Seeking Alpha
Sentiment: Positive

Spotify delivered strong Q3 results, with robust Premium subscriber growth, expanding margins, and record free cash flow despite a volatile consumer environment. SPOT's price increases in the United States and Europe have shown minimal impact on retention, highlighting price inelasticity and room for further hikes to offset inflation. AI integrations and ongoing free cash flow expansion support the investment thesis, while FX headwinds are expected to ease, potentially accelerating reported growth next year.

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image for news Spotify: Solid Premium Growth As Price Increases Are Set To Kick In
Spotify's Margin Gains, Subscriber Growth Could Support Future Recovery: Analyst
SPOT
Published: November 04, 2025 by: Benzinga
Sentiment: Positive

Spotify Technology SA's (NYSE:SPOT) strong third-quarter 2025 performance exceeded expectations on profits and margins, powered by robust premium subscriptions, higher user growth and improving ad-supported profitability.

Read More
image for news Spotify's Margin Gains, Subscriber Growth Could Support Future Recovery: Analyst
Spotify's OS for Audio Strategy Clicks With 713 Million Users
SPOT
Published: November 04, 2025 by: PYMNTS
Sentiment: Positive

In the attention economy, audio has an advantage. That's the hope of Spotify, at least, which announced during its third-quarter 2025 earnings report Tuesday (Nov. 4) that its platform crossed the 700 million monthly active user (MAU) threshold, growing 11% year over year to 713 million.

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image for news Spotify's OS for Audio Strategy Clicks With 713 Million Users
Spotify now has half a million video podcasts, which nearly 400M users have watched
SPOT
Published: November 04, 2025 by: TechCrunch
Sentiment: Positive

Spotify says its video podcasts are seeing increased consumer adoption. In its third quarter earnings report, the company shared that its video podcast catalog has expanded to nearly half a million shows, and more than 390 million users have now streamed a video podcast on the platform.

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image for news Spotify now has half a million video podcasts, which nearly 400M users have watched
Spotify tops third-quarter estimates on strong user growth, issues mixed guidance
SPOT
Published: November 04, 2025 by: CNBC
Sentiment: Positive

Spotify reported strong third-quarter results that topped Wall Street expectations on the top and bottom lines. The streaming platform had 281 million premium subscribers for the quarter, coming in just below StreetAccount expectations.

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image for news Spotify tops third-quarter estimates on strong user growth, issues mixed guidance
Spotify Technology S.A. (SPOT) Q3 2025 Earnings Call Transcript
SPOT
Published: November 04, 2025 by: Seeking Alpha
Sentiment: Neutral

Spotify Technology S.A. ( SPOT ) Q3 2025 Earnings Call November 4, 2025 8:00 AM EST Company Participants Bryan Goldberg - Head of Investor Relations Daniel Ek - Founder, CEO & Chairman Alex Norström - Chief Business Officer & Co-President Gustav Söderström - Co-President, Chief Product & Technology Officer Christian Luiga - Chief Financial Officer Presentation Operator Good morning, and welcome, everyone, to the Spotify Third Quarter 2025 Earnings Call.

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image for news Spotify Technology S.A. (SPOT) Q3 2025 Earnings Call Transcript
Spotify tops Q3 estimates on stronger-than-expected user growth
SPOT
Published: November 04, 2025 by: Proactive Investors
Sentiment: Positive

Spotify Technology SA (NYSE:SPOT) reported a robust third quarter performance, surpassing expectations on revenue, earnings, and user growth. The audio streaming platform reported a 7% year-over-year increase in revenue to €4.27 billion, slightly ahead of Wall Street estimates of €4.23 billion and the company's guidance of €4.2 billion.

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image for news Spotify tops Q3 estimates on stronger-than-expected user growth
Spotify (SPOT) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
SPOT
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Spotify (SPOT) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Spotify (SPOT) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Spotify Set to Report Q3 Earnings: Here's What Investors Should Know
SPOT
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

SPOT's third-quarter 2025 results are likely to reflect subscriber growth, higher ARPU and audiobook expansion, driving momentum.

Read More
image for news Spotify Set to Report Q3 Earnings: Here's What Investors Should Know
Countdown to Spotify (SPOT) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
SPOT
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Spotify (SPOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2025.

Read More
image for news Countdown to Spotify (SPOT) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Spotify (SPOT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
SPOT
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Neutral

Spotify (SPOT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Spotify (SPOT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Spotify set to report steady revenue, flat margins amid continued platform investments
SPOT
Published: October 27, 2025 by: Proactive Investors
Sentiment: Neutral

Spotify Technology SA (NYSE:SPOT) is expected to deliver third quarter results largely in line with management's outlook, according to UBS analysts who repeated their ‘Buy' rating on the streaming service ahead of the report. The analysts set a $850 price target, which implies upside of nearly 29% from Friday's closing price of about $660.

Read More
image for news Spotify set to report steady revenue, flat margins amid continued platform investments
Spotify (SPOT) Stock Declines While Market Improves: Some Information for Investors
SPOT
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the closing of the recent trading day, Spotify (SPOT) stood at $647.08, denoting a -3.97% move from the preceding trading day.

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image for news Spotify (SPOT) Stock Declines While Market Improves: Some Information for Investors
Spotify says it's working to protect artists from AI abuse, but the streaming company's track record is shaky
SPOT
Published: October 16, 2025 by: Market Watch
Sentiment: Neutral

After years of fighting scams and fraud, the music-streaming company announced it is joining forces with three major music labels to develop AI products that can help artists.

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image for news Spotify says it's working to protect artists from AI abuse, but the streaming company's track record is shaky
Spotify moves further into AI music with Sony, Universal, Warner partnership
SONY, SPOT, UMGNF, UNVGY, WMG
Published: October 16, 2025 by: CNBC
Sentiment: Positive

Spotify said it will be partnering with Sony Music Group, Universal Music Group, Warner Music Group, Merlin, and Believe to develop "responsible" artificial intelligence products. The company did not outline any specific AI tools but said it has begun building a new AI research lab and product team.

Read More
image for news Spotify moves further into AI music with Sony, Universal, Warner partnership
Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know
SPOT
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Spotify (SPOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know
Spotify video podcasts head to Netflix under new distribution tie-up
NFLX, SPOT
Published: October 14, 2025 by: Reuters
Sentiment: Positive

Netflix said on Tuesday it will add a slate of Spotify's most popular video podcasts to its service from early 2026, part of a new distribution partnership aimed at broadening the streaming giant's entertainment lineup and drawing new audiences.

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image for news Spotify video podcasts head to Netflix under new distribution tie-up
Spotify partners with Netflix for video podcast distribution deal
NFLX, SPOT
Published: October 14, 2025 by: TechCrunch
Sentiment: Positive

Spotify is bringing its video podcasts to Netflix starting next year, the company announced on Tuesday. Amid the company's push to further expand its video content selection and boost its ads business, Spotify has announced a partnership with Netflix that will showcase select video podcasts on the popular streaming service.

Read More
image for news Spotify partners with Netflix for video podcast distribution deal
Is Spotify (SPOT) a Buy as Wall Street Analysts Look Optimistic?
SPOT
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Is Spotify (SPOT) a Buy as Wall Street Analysts Look Optimistic?
3 High P/E Stocks Justified by Future Upside Potential
ONON, ROKU, SPOT
Published: October 09, 2025 by: MarketBeat
Sentiment: Neutral

All valuations—whether in stocks, real estate, or any business that generates cash flow—are ultimately based on expectations for future growth. Understanding that simple truth helps investors avoid one of the most common mistakes in the market: judging valuations based on opinion rather than on what the data and price action are signaling.

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image for news 3 High P/E Stocks Justified by Future Upside Potential
Here is What to Know Beyond Why Spotify Technology (SPOT) is a Trending Stock
SPOT
Published: October 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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image for news Here is What to Know Beyond Why Spotify Technology (SPOT) is a Trending Stock
Spotify Names Co-CEOs as Founder Daniel Ek Steps Back
SPOT
Published: September 30, 2025 by: PYMNTS
Sentiment: Negative

Spotify's chief executive is leaving that job as the streaming music platform names co-CEOs. Daniel Ek, who founded the Swedish company 19 years ago, announced his pending departure in a message shared with employees Tuesday (Sept.

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image for news Spotify Names Co-CEOs as Founder Daniel Ek Steps Back
Top Stock Movers Now: Spotify, Pfizer, CoreWeave, Lamb Weston, and More
CRWV, LW, PFE, SPOT
Published: September 30, 2025 by: Investopedia
Sentiment: Negative

Major U.S. equities indexes edged lower Tuesday afternoon, as a potential government shutdown loomed. The Dow, S&P 500, and Nasdaq were all slightly lower.

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image for news Top Stock Movers Now: Spotify, Pfizer, CoreWeave, Lamb Weston, and More
How a government shutdown impacts your investments and money, plus Spotify CEO to step down,
SPOT
Published: September 30, 2025 by: Yahoo Finance
Sentiment: Negative

Market Catalysts anchor Julie Hyman breaks down the latest market moves for September 30, 2025. Markets and data reporter Jared Blikre explains what a government shutdown is and how past shutdowns have impacted stocks and bonds.

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image for news How a government shutdown impacts your investments and money, plus Spotify CEO to step down,
Spotify stock price falls as cofounder Daniel Ek announces plans to step down from CEO role in 2026
SPOT
Published: September 30, 2025 by: Fast Company
Sentiment: Negative

Shares of Spotify Technology SA were put on the spot this morning as the Swedish audio-streaming company announced that CEO Daniel Ek will be transitioning out of the role at the end of the year.

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image for news Spotify stock price falls as cofounder Daniel Ek announces plans to step down from CEO role in 2026

About Spotify Technology S.A. (SPOT)

  • IPO Date 2018-04-03
  • Website https://www.spotify.com
  • Industry Internet Content & Information
  • CEO Daniel G. Ek
  • Employees 7258

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. 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 subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.