Spotify/SPOT

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About Spotify

Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.

Ticker

SPOT

Sector

Technology

Trading on

NYSE

Industry

Business Services

CEO

Daniel Ek

Employees

9,123

Headquarters

Luxembourg, Luxembourg

Spotify Metrics

BasicAdvanced
$59B
Market cap
-
P/E ratio
-$0.67
EPS
1.61
Beta
-
Dividend rate
$59B
1.61261
$319.30
$129.23
2M
1.423
53.279
53.279
1,976.354
16.90%
-1.32%
-3.89%
-2.40%
3.923
16.468
26.178
65.97
14.31%
84.87%
18.90%

What the Analysts think about Spotify

Analyst Ratings

Majority rating from 34 analysts.
Buy

Spotify Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.41% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
€3.6B
-0.95%
Net income
€197M
-381.43%
Profit margin
5.41%
-384.74%

Spotify Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 48.76%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-€1.55
€0.33
€0.37
€0.97
-
Expected
-€0.63
-€0.22
-€0.21
€0.65
€1.10
Surprise
145.42%
-251.34%
-276.65%
48.76%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

What’s the current market cap for Spotify stock?

Spotify (SPOT) has a market cap of $59B as of June 20, 2024.

What is the P/E ratio for Spotify stock?

The price to earnings (P/E) ratio for Spotify (SPOT) stock is 0 as of June 20, 2024.

Does Spotify stock pay dividends?

No, Spotify (SPOT) stock does not pay dividends to its shareholders as of June 20, 2024.

When is the next Spotify dividend payment date?

Spotify (SPOT) stock does not pay dividends to its shareholders.

What is the beta indicator for Spotify?

Spotify (SPOT) has a beta rating of 1.61. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Spotify stock price target?

The target price for Spotify (SPOT) stock is $339.73, which is NaN% below the current price of $. This is an average based on projections from 30 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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