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Spotify Technology SA (GB:0SPT)
LSE:0SPT
Spotify Technology SA (0SPT) Share Price & Analysis
4 Followers
0SPT Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€119.00 - €290.50
Previous Close€290.5
Volume7.13K
Average Volume (3M)2.99K
Market Cap
€55.30B
Enterprise Value€51.82B
Total Cash (Recent Filing)$4.21B
Total Debt (Recent Filing)$493.00M
Price to Earnings (P/E)N/A
Beta0.93
Next Earnings
Jul 24, 2024EPS Estimate
€1.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding197,143,389
10 Day Avg. Volume3,022
30 Day Avg. Volume2,992
Standard Deviation0.13
R-Squared0.23
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)45.93
Price to Sales (P/S)4.05
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.78
Enterprise Value/Gross Profit15.26
Enterprise Value/Ebitda-401.72
Forecast
1Y Price Target
€309.35Price Target Upside16.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Spotify Technology SA News
PremiumCompany Announcements
Spotify Reports Strong Q1 Earnings Growth
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSpotify's strong financial performance is highlighted by its highest ever gross margin of 27.6% and operating income of €168 million, reflecting the company's growing profitability.
Product DevelopmentThe introduction of new tiers including music-only and audiobook plans demonstrates Spotify's commitment to innovation, potentially leading to increased user engagement and additional revenue streams.
Strategic GrowthAnalyst sentiment is bullish as Spotify's focus on expanding its audio offerings and improving cost structures is expected to drive sustainable revenue growth and enhance profitability.
Bears Say
Financial PerformanceSpotify’s 4Q:23 operating loss of €75.0 million compared to our projection of an operating loss of €66.3 million.
Pricing StrategySpotify runs the risk of alienating customers by being a serial price hiker in a commoditized service industry.
User GrowthSpotify experienced a slight miss on monthly active users (MAU), falling 3 million below their guidance.
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Ownership Overview
0.00%
Insiders
85.00% Mutual Funds
3.34% Other Institutional Investors
11.66% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Spotify Technology SA
Desktop Users
Mobile Users
0SPT FAQ
What was Spotify Technology SA’s price range in the past 12 months?
Spotify Technology SA lowest share price was €119.00 and its highest was €290.50 in the past 12 months.
What is Spotify Technology SA’s market cap?
Currently, no data Available
When is Spotify Technology SA’s upcoming earnings report date?
Spotify Technology SA’s upcoming earnings report date is Jul 24, 2024 which is in 89 days.
How were Spotify Technology SA’s earnings last quarter?
Spotify Technology SA released its earnings results on Apr 23, 2024. The company reported €0.97 earnings per share for the quarter, beating the consensus estimate of €0.624 by €0.346.
Is Spotify Technology SA overvalued?
According to Wall Street analysts Spotify Technology SA’s price is currently Undervalued.
Does Spotify Technology SA pay dividends?
Spotify Technology SA does not currently pay dividends.
What is Spotify Technology SA’s EPS estimate?
Spotify Technology SA’s EPS estimate is €1.01.
How many shares outstanding does Spotify Technology SA have?
Spotify Technology SA has 198,327,160 shares outstanding.
What happened to Spotify Technology SA’s price movement after its last earnings report?
Spotify Technology SA reported an EPS of €0.97 in its last earnings report, beating expectations of €0.624. Following the earnings report the stock price went up 14.101%.
Which hedge fund is a major shareholder of Spotify Technology SA?
Among the largest hedge funds holding Spotify Technology SA’s share is Alecta Pensionsforsakring, Omsesidigt. It holds Spotify Technology SA’s shares valued at 399M.
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Spotify Technology SA Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€309.35 (16.36% Upside)
€309.35 (16.36% Upside)
Blogger Sentiment
Bullish
GB:0SPT Sentiment 86%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
113.94%
12-Months-Change
Fundamentals
Return on Equity
-21.48%
Trailing 12-Months
Asset Growth
13.13%
Trailing 12-Months
Company Description
Spotify Technology SA
Founded in 2006, Luxembourg-based Spotify Technology SA is the world’s most popular audio streaming subscription service. It serves a community of over 320 million users across 92 markets. The company generates revenue from Premium and Ad-Supported segments. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access to music and podcasts. It also offers a music listening experience without commercial breaks. 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. The company also provides sales, marketing, contract research and development, and customer support services.
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0SPT Company Deck
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0SPT Earnings Call
Q1 2024
0:00 / 0:00
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0SPT Stock 12 Months Forecast
Average Price Target
€309.35
▲(16.36% Upside)
Technical Analysis
Spotify Technology SA
―
Sirius XM Holdings
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Alphabet Class A
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Live Nation Entertainment
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Best Analysts Covering 0SPT
1 Year
1 Year Success Rate
14/20 ratings generated profit
1 Year Average Return
+41.47%
reiterated a buy rating 6 days ago
Copying Mark Mahaney's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +41.47% per trade.
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