Spotify Technology leverages AI for user growth. UiPath sees a 14% ARR rise, fueled by intelligent automation and retention gains.
In the closing of the recent trading day, Spotify (SPOT) stood at $663.96, denoting a +1.62% change from the preceding trading day.
Artificial intelligence will encourage more people to create music in the future and is not a threat to the industry, the founder and CEO of streaming giant Spotify said.
Spotify (SPOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing legal battle with Apple over external payments on the App Store, Spotify claims its internal data indicates that its recent update supporting web payments has resulted in “a significant increase in iOS users upgrading to a Premium subscription.
Value investors are often wary about investing in a stock once it has reached a new high, feeling like they are overpaying for a company that might have already priced in most (if not all) of the upside potential that the business may carry. However, choosing to pass on these opportunities creates one of those moments where investors come back a few years later and wish they had bought, even if it represented a premium when the deal was first on the table.
Given exponential growth in SPOT shares, we evaluate its current position to find out whether investors should ride the rally, hold it or stay away from it.
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.
The S&P 500 slipped into correction territory in April after suffering a decline of as much as 19% from its all-time high (narrowly avoiding the bear market threshold of 20%). The tariffs that President Donald Trump imposed on imported goods from America's trading partners triggered the sell-off, as investors feared they could lead to a severe economic slowdown.
Spotify's Q1 2025 saw record premium subscriber additions, driven by emerging markets, and a 21% YoY increase in advertisers due to AI tools. Revenue grew 15% YoY to €4.2 billion, with premium revenue up 16%, but ad revenue growth slowed to 5% YoY due to macro headwinds. Gross margins improved to 31.6%, and operating income surged over 200% YoY, though it missed guidance due to higher social charges from stock price appreciation.
Spotify (SPOT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Despite missing its first quarter expectations on Tuesday, Spotify (SPOT) stock has risen +3% since its Q1 report to over $600 a share.