Spotify (SPOT) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the closing of the recent trading day, Spotify (SPOT) stood at $551.73, denoting a +0.31% change from the preceding trading day.
Spotify Audiobooks, Ad Growth Drive Analyst Confidence
On Tuesday, Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Spotify Technology SPOT with a price target of $700.
Spotify poised to meet Q1 expectations as analysts highlight long-term growth potential
Spotify Technology SA (NYSE:SPOT) is expected to report first quarter 2025 earnings at least in line with guidance on key metrics including revenue, premium subscribers, and monthly active users when it reports its fourth quarter earnings later this month. Analysts at Bank of America expect Spotify to report revenue of €4.21 billion, versus guidance of €4.2 billion, although recent US dollar strengthening could be a headwind.
Spotify Stock Soars 130% in a Year: Is it Still a Buy Now?
Given SPOT's price rise, we analyze its current position to find out whether investors should buy it, hold it, or book profits.
Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.
Spotify Hits High Notes In 2024 And Could Be Even More Profitable By 2027
Spotify's 2024 performance shows strong revenue growth and margin improvement, with a 19% YoY top line increase and gross margin hitting 32.2% in Q4. The company is poised for continued growth in 2025, driven by subscriber increases, price hikes, and a new "super-premium" tier potentially adding €2-3 billion in revenue. Spotify's addressable market is vast, with potential to reach 2-3 billion MAUs, particularly in emerging regions like Asia-Pacific, Africa, and Latin America.
Prediction: Spotify Will Soar Over the Next 3 Years. Here's 1 Reason Why.
There's no doubt about it: The music industry has shifted to the streaming model. The biggest winner has to be Spotify (SPOT 6.86%), with more than 675 million monthly active users (MAUs).
Spotify (SPOT) Ascends While Market Falls: Some Facts to Note
In the closing of the recent trading day, Spotify (SPOT) stood at $537.91, denoting a +0.39% change from the preceding trading day.
Spotify launches a program to publish audiobooks from independent authors
In an expansion of its existing audiobooks efforts, Spotify on Thursday announced the launch of a new publishing program for authors that allows them to submit short-form stories they'd like to see turned into audiobooks. When Spotify selects a story for audiobook publishing, it will handle the production and distribution of the work to other major audiobook retailers, the company says.
Spotify (SPOT) Soars 3.9%: Is Further Upside Left in the Stock?
Spotify (SPOT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Spotify shares rise on record royalty payout
Spotify Technology SA (NYSE:SPOT) shares gained more than 5% after the music streaming service revealed it paid a record $10 billion in royalties to artists in 2024. Per the Swedish company's annual Loud & Clear report, payouts to independent artists and labels represented about half of the company's total royalties for another year at $5 billion.
Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.
