Data gathered: December 26
AI Stock Analysis - Spotify (SPOT)
Analysis generated December 16, 2024. Powered by Chat GPT.
Spotify Technology S.A. (NYSE: SPOT) is the world's largest music streaming service provider with over 345 million active users, including 155 million premium subscribers, across 178 markets. The company offers a wide variety of music, podcasts, and other audio content through its proprietary platform and aims to provide personalized experiences for its users. Spotify's business model involves both a freemium offering supported by ads and a premium subscription model. As the digital music landscape evolves, Spotify continues to adopt innovative strategies to maintain its market leadership and drive growth.
Stock Alerts - Spotify (SPOT)
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Spotify | December 24 Sentiment is up by 15.7% in the last couple of days. |
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Spotify | December 18 Price is down by -5.1% in the last 24h. |
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Spotify | December 16 Sentiment is down by 21.2% in the last couple of days. |
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Spotify | December 15 Sentiment is down by 17.4% in the last couple of days. |
Alternative Data for Spotify
About Spotify
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in 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. 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 with no subscription fees.
| Price | $461.64 |
| Target Price | Sign up |
| Volume | 522,110 |
| Market Cap | $93.3B |
| Year Range | $272.24 - $502.38 |
| Dividend Yield | 0% |
| PE Ratio | 131.52 |
| Analyst Rating | 78% buy |
| Industry | Application Software |
In the news
Creedence Clearwater Revival’s ‘Bad Moon Rising’ Joins Spotify Billions ClubDecember 24 - Freerepublic.com |
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CanvasSync sets Spotify’s Canvas or other Music apps’ Now Playing album artwork as your wallpaperDecember 23 - Idownloadblog.com |
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SEC filings: senior Spotify executives have sold $1.25B in stock in 2024, including CEO Daniel Ek selling ~$350M and co-founder Martin Lorentzon selling $550M+ (Financial Times)December 23 - Mediagazer.com |
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Drake Lands On Spotify’s ‘Most Streamed’ Artists As Kendrick’s ‘Not Like Us’ Dominates Apple Music—Here Are 2024’s Top-Streamed Artists And SongsDecember 23 - Forbes |
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Spotify executives, board members sold $1.25B of stock this year, FT reportsDecember 23 - Thefly.com |
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What Spotify Is Really Costing UsDecember 23 - The New Yorker |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q3 '24 | 3.99B | 2.75B | 1.24B | 300M | 437M | 1.450 |
| Q2 '24 | 3.81B | 2.72B | 1.09B | 274M | 283M | 1.330 |
| Q1 '24 | 3.64B | 2.63B | 1B | 197M | 258M | 0.970 |
| Q4 '23 | 3.64B | 2.63B | 1B | 197M | 214M | 0.370 |
| Q3 '23 | 3.36B | 2.47B | 885M | 65M | 118M | 0.330 |
Insider Transactions View All
No recorded Insider transactions.
Similar companies
| Company | Price | AI Score | |
|---|---|---|---|
 |
MicrosoftMSFT |
$439.17 0% | 55 |
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OracleORCL |
$171.32 0% | 49 |
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AdobeADBE |
$446.91 0% | 52 |
 |
IntuitINTU |
$645.28 0% | 59 |
 |
AutodeskADSK |
$301.23 0% | 60 |
Congress Trading View All
| Politician | Filing Date | Type | Size |
|---|---|---|---|
| Josh Gottheimer |
Sep 11, 24 | Buy | $1K - $15K |
| Rohit Khanna Democrat |
Feb 5, 24 | Sell | $1K - $15K |
| Joshua Gottheimer Democrat |
Aug 21, 23 | Buy | $1K - $15K |
Read more about Spotify (SPOT) and their subscribers, ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, employee rating, google trends, patents, app downloads, 4chan mentions, facebook engagement, facebook followers, instagram followers, reddit mentions, reddit subscribers, stocktwits mentions, stocktwits subscribers, threads followers, tiktok followers, twitter followers, twitter mentions, youtube subscribers, news mentions, customer reviews, lobbying cost, business outlook & linkedin employees.
What is the Market Cap of Spotify?
The Market Cap of Spotify is $93.3B.
What is Spotify's PE Ratio?
As of today, Spotify's PE (Price to Earnings) ratio is 131.52.
What is the current stock price of Spotify?
Currently, the price of one share of Spotify stock is $461.64.
How can I analyze the SPOT stock price chart for investment decisions?
The SPOT stock price chart above provides a comprehensive visual representation of Spotify's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Spotify shares. Our platform offers an up-to-date SPOT stock price chart, along with technical data analysis and alternative data insights.
Does SPOT offer dividends to its shareholders?
As of our latest update, Spotify (SPOT) does not offer dividends to its shareholders. Investors interested in Spotify should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Spotify?
Some of the similar stocks of Spotify are Microsoft, Oracle, Adobe, Intuit, and Autodesk.
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