Does Spotify (SPOT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Spotify (SPOT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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?
“The way to control government is to control the computers”
The S&P 500 is in a raging bull market right now. It returned 23% over the past year, but that pales in comparison to the whopping 180% gain in Spotify Technology (SPOT -0.02%) stock.
Spotify's Q4 results exceeded expectations, achieving its first full-year profit and issuing a strong outlook, suggesting continued profitable growth initiatives. Strong subscriber growth and premium valuation of 47x 2025E earnings are expected to drive further re-rating and share price appreciation. Key growth drivers include higher ARPU from premium tiers, content exclusivity, and the Wrapped campaign, enhancing user engagement and platform stickiness.
Spotify and Warner Music Group , which owns labels behind artists such as Ed Sheeran and Dua Lipa, signed a new multi-year deal for recording and publishing music, the companies said on Thursday.
Spotify released its Q4 earnings on 2/4, impressing the market. This was mostly off the back of growing premium subscribers from Q4 2024, and continued growth into Q1 2025. MAUs are up, revenue is up, and expenses are down; Spotify is in a great position and has finally turned a profit for a full year.
Audio streaming giant Spotify (NYSE: SPOT) shares jumped 13% on February 4 after the company reported its first full year of profitability since its launch more than 16 years ago.
Spotify Technology SPOT reported better-than-expected fiscal fourth-quarter 2024 sales results on Tuesday.
Spotify stock jumped 10% on Tuesday after earnings were released. Travis Hoium covers the big move in this video.
Wall Street analysts rerated Spotify Technology S.A. SPOT after it reported upbeat quarterly print Tuesday amid an exciting earnings season.