Price
$501.00+3.11%Social Signal Score
Analyst Ratings
53 analystsRevenue
$4.78B+543.12%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Alex Norström
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Employees
- 7,000
- Beta
- 1.59
- Country
- SE
- Piotroski score
- 6 / 9 (Middling)
- Altman Z-score
- 12.74
Financials
Revenue
$4.78B+543.1%Net Income
$545.00MEBITDA
$757.00MFree Cash Flow
$796.00M+784.4%EPS (diluted)
$2.61Shares Outstanding (diluted)
208.86M+39.5%Operating Expenses
$941.00MCash & Debt
$9.39BReturn of Capital
$232.00MRevenue by Segment (annual)
$16.95BQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $17.19B | $2.21B | $10.77 |
| 2024 | $15.67B | $1.14B | $5.67 |
| 2023 | $13.25B | $-532.00M | $-2.73 |
| 2022 | $11.73B | $-430.00M | $-2.23 |
| 2021 | $9.67B | $-34.00M | $-0.18 |
| 2020 | $7.88B | $-581.00M | $-3.10 |
| 2019 | $6.76B | $-186.00M | $-1.03 |
| 2018 | $5.26B | $-78.00M | $-0.44 |
| 2017 | $4.09B | $-1.24B | $-6.93 |
| 2016 | $2.95B | $-539.00M | $-3.21 |
| 2015 | $1.94B | $-230.00M | $-1.37 |
Valuation
Project earnings forward and see what return today's price implies.
EPS was negative in at least one boundary year, so a compound growth rate can't be computed from it. Set your own assumption.
- EPS in 5 years
- $15.82
- Implied price
- $727.84
- Return from $472.89
- 9.0% a year
To earn 15.0% a year on these assumptions you'd need to buy at $361.86 — -23.5% below today's price.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | 32 | 39 | 46 | 53 | 60 |
|---|---|---|---|---|---|
| -2.0% | -8.0% | -4.3% | -1.1% | 1.8% | 4.3% |
| 3.0% | -3.3% | 0.6% | 4.0% | 6.9% | 9.6% |
| 8.0% | 1.4% | 5.5% | 9.0% | 12.1% | 15.0% |
| 13.0% | 6.1% | 10.3% | 14.1% | 17.3% | 20.3% |
| 18.0% | 10.8% | 15.2% | 19.1% | 22.5% | 25.6% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
80+60.00%Social Signal Score
Mentions (30)
- Newsyoutube.com·19h ago·Positive
Ca$htag$: Consumers Tuning Out SPOT in Favor of AAPL "For years, Spotify (SPOT) has had an enormous edge" over competitors in the music streaming space, says Andy Swan of @LikeFolio. Consumer demand trends between it and Apple (AAPL) Music show pressure stacking up against the streaming giant.
View source ↗ - Newstechcrunch.com·3d ago·Neutral
Spotify billionaire's body scan startup has come to America Neko Health seems to be the hottest body scan in the world right now.
View source ↗ - Newszacks.com·3d ago·Neutral
Spotify (SPOT) Stock Drops Despite Market Gains: Important Facts to Note Spotify (SPOT) reached $472.89 at the closing of the latest trading day, reflecting a -3.77% change compared to its last close.
View source ↗ - Newsnewsfilecorp.com·4d ago·Neutral
…Great Canadian Treasure Hunt Officially Enters Its Second Year with a New Regional Prize Toronto, Ontario--(Newsfile Corp. - October 2, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) The Great Canadian Treasure Hunt is excited to announce a new regional prize, marking the official start of its second year. Organized by The Northern Miner, the treasure hunt encourages hunters and the broader public alike to explore Canada's incredible mining potential through project highlights al…
View source ↗ - Newszacks.com·7d ago·Neutral
Spotify (SPOT) Declines More Than Market: Some Information for Investors In the most recent trading session, Spotify (SPOT) closed at $497.51, indicating a -2.45% shift from the previous trading day.
View source ↗ - Newswsj.com·10d ago·Negative
A Spotify founder's company selling full-body scans has come to the U.S. Read more in this week's WSJ Wellness newsletter. Neko Health, a Spotify founder's preventative-health startup, opened its first U.S. clinic. Plus, chemicals in natural-fiber clothing and the real culprit for childhood anxiety.
View source ↗ - Newszacks.com·12d ago·Neutral
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should 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.
View source ↗ - Newstechcrunch.com·13d ago·Neutral
Spotify's is giving you the keys to its recommendation algorithm with US launch of ‘Taste Profile' Spotify is giving listeners a new tool to shape the recommendations it delivers to their app's Home feed.
View source ↗ - Newszacks.com·13d ago·Positive
Gross-Margin Expansion is a Key Driver of SPOT's Profitability Spotify's Q2 gross margin rose to 33.4% as Premium growth outpaced music costs and Ad-Supported gains lifted operating profitability.
View source ↗ - Newsproactiveinvestors.com·17d ago·Positive
Spotify set for growth, BofA says, citing new monetization tools Bank of America is standing firmly behind streaming giant Spotify Technology SA (NYSE:SPOT) despite a rough week for the stock. In a note Friday, the bank reiterated its Buy rating and $685 price target, pushing back against any narrative that the company's growth story is faltering.
View source ↗ - Newszacks.com·19d ago·Neutral
Spotify (SPOT) Dips More Than Broader Market: What You Should Know Spotify (SPOT) closed the most recent trading day at $546.7, moving 2.07% from the previous trading session.
View source ↗ - Newsmarketbeat.com·22d ago·Neutral
Spotify Technology Pitches AI Add-Ons, Video and New Verticals for Growth Spotify Technology NYSE: SPOT Co-CEO, Chief Product Officer and Chief Technology Officer Gustav Söderström outlined the company's strategy for using artificial intelligence, expanding into additional media formats and monetizing highly engaged users during an investor conference appearance.
View source ↗ - Newszacks.com·25d ago·Neutral
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
View source ↗ - Newsseekingalpha.com·26d ago·Positive
Spotify Technology S.A. (SPOT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript Spotify Technology S.A. (SPOT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
View source ↗ - Newszacks.com·26d ago·Neutral
Here's Why Spotify (SPOT) Fell More Than Broader Market In the latest trading session, Spotify (SPOT) closed at $523, marking a -1.07% move from the previous day.
View source ↗ - Newszacks.com·31d ago·Positive
Can Higher ARPU Keep Spotify's Premium Revenue Growing? SPOT's Premium revenues rise 15% year over year to ???4.33B as subscriber growth and higher ARPU boost monetization, while ad revenues post gains.
View source ↗ - Newszacks.com·32d ago·Neutral
Spotify (SPOT) Up 16% Since Last Earnings Report: Can It Continue? Spotify (SPOT) reported earnings 30 days ago. What's next for the stock?
View source ↗ - News247wallst.com·38d ago·Positive
Prediction: Spotify Stock Could Be a Monster Winner by 2030 Spotify just posted its strongest fundamental quarter ever while its stock sits well below last year's peak, and that disconnect points to something worth paying close attention to before 2030.
View source ↗ - Newsforbes.com·41d ago·Neutral
Spotify Ad-Skipping Feature: Game Changer Or Game Over When a large profit-driven global organization enters an industry, there is hope that that company will be a steward of the industry, promoting, not only itself but also the welfare of the entire industry. Will it be an Enron or an Intel?
View source ↗ - Newsbusinesswire.com·46d ago·Positive
Spotify Upsizes Share Repurchase Program by $1.5 Billion NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) (the “Company”) today announced that its Board of Directors has approved an increase in its share repurchase program by an additional $1.5 billion. With $723 million remaining under the current repurchase program, the increase brings the total authorization under the share repurchase program to approximately $2.223 billion. The repurchase program will run for as long as the sh…
View source ↗ - Newszacks.com·46d ago·Positive
SPOT Gains 12.5% in a Month as Growth Strength Meets Valuation Risk Spotify shares have risen 12.5% in four weeks as record margins, subscriber growth and pricing gains offset valuation and reinvestment risks.
View source ↗ - Newszacks.com·46d ago·Positive
Is Spotify Stock Worth Buying as Growth Meets a Premium Valuation? SPOT's earnings growth, cash flow and expanding monetization support the bull case, but its premium valuation raises the bar for execution.
View source ↗ - Newsschaeffersresearch.com·47d ago·Positive
Buy Signal Flashing for Surging Spotify Stock Music streaming stock Spotify Technology (NYSE:SPOT) is trading 4.5% higher at $539.33 this afternoon, extending yesterday's gains and eyeing its highest close since April.
View source ↗ - Newsnytimes.com·49d ago·Neutral
AI Slop Is Everywhere. Spotify, LinkedIn and Others Have Had Enough. Spotify, LinkedIn and others are trying to dig out of a digital sewage heap full of low-quality content made with artificial intelligence.
View source ↗ - Newsnews.sky.com·55d ago·Neutral
Spotify to start flagging AI-generated artists Music streaming service Spotify has announced it is introducing a feature that will enable listeners to see if an artist is AI-generated.
View source ↗ - Newsreuters.com·55d ago·Neutral
Spotify to slap 'AI Persona' badges on AI-generated artist profiles Spotify said on Tuesday it would begin adding "AI Persona" badges to some profiles from mid-September to give listeners more transparency about whether the artist behind the music was a real person.
View source ↗ - Newsnytimes.com·55d ago·Negative
Spotify Will Label A.I. Artists and Avoid Recommending Them The new label, which will begin to be applied next month, is an effort by the streaming service to be more transparent about A.I.-generated music on its app.
View source ↗ - Newsnypost.com·55d ago·Neutral
Spotify to flag AI slop with special new label in wake of user complaints "True artist-fan connection can only be built on a foundation of trust and authenticity," Spotify said Tuesday.
View source ↗ - Newstechcrunch.com·56d ago·Neutral
Spotify will label ‘AI Persona' profiles and exclude their music from recommendations Spotify will begin labeling AI-generated artists with “AI Persona” profile tags and ban their music from its editorial and algorithmic recommendations, the company announced on Tuesday.
View source ↗ - Newsmarketbeat.com·58d ago·Neutral
Spotify Technology Q2 Earnings Call Highlights Spotify Technology NYSE: SPOT reported second-quarter results marked by accelerating revenue growth, record gross margin and subscriber growth that pushed its Premium base above 300 million for the first time.
View source ↗
Earnings
Thu, Oct 22(in 2 weeks)
Consensus estimate $3.20 per share
Typical surprise -7.3% (median, so one quarter with a near-zero estimate can't distort it)
- Tue, Aug 4$3.03 vs $3.27miss
- Tue, Apr 28$4.04 vs $3.43beat
- Tue, Feb 10$5.16 vs $3.21beat
- Tue, Nov 4$3.83 vs $2.29beat
- Tue, Jul 29$-0.48 vs $2.30miss
- Tue, Apr 29$1.13 vs $2.37miss
Estimates and results for SPOT via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by SPOT officers and directors.
- Bought
- —
- Sold
- $52.3m
0 trades
57 trades
- Soderstrom Gustavsold
- Soderstrom Gustavsold
- Soderstrom Gustavsold
- Soderstrom Gustavsold
- Soderstrom Gustavsold
- Soderstrom Gustavsold
- Soderstrom Gustavsold
- Soderstrom Gustavsold
43 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
- Alan Armstrongsenate · disclosed Jul 21, 2026 (113d later)Buy$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Jul 3, 2026 (15d later)Sell$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Jan 12, 2026 (19d later)Sell$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Dec 15, 2025 (19d later)Sell$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Dec 15, 2025 (27d later)Buy$1,001 - $15,000
- Gilbert Ray Cisneroshouse · CA31 · disclosed Nov 18, 2025 (32d later)Buy$1,001 - $15,000
- Val Hoylehouse · OR04 · disclosed Oct 10, 2025 (30d later)Sell$1,001 - $15,000
- Val Hoylehouse · OR04 · disclosed Sep 12, 2025 (183d later)Buy$1,001 - $15,000
- Robert P. Bresnahanhouse · PA08 · disclosed Jul 9, 2025 (34d later)Buy$1,001 - $15,000
- Jefferson Shrevehouse · IN06 · disclosed Jun 23, 2025 (42d later)Sell$50,001 - $100,000
- Bruce Westermanhouse · AR04 · disclosed May 13, 2025 (22d later)Sell$1,001 - $15,000
- Jefferson Shrevehouse · IN06 · disclosed May 9, 2025 (28d later)Buy$15,001 - $50,000
- Bruce Westermanhouse · AR04 · disclosed Apr 17, 2025 (28d later)Buy$1,001 - $15,000
- Josh S. Gottheimerhouse · NJ05 · disclosed Apr 11, 2025 (18d later)Sell$1,001 - $15,000
- Josh S. Gottheimerhouse · NJ05 · disclosed Mar 6, 2025 (13d later)Sell$1,001 - $15,000
- Josh S. Gottheimerhouse · NJ05 · disclosed Sep 11, 2024 (37d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Feb 5, 2024 (26d later)Sell$1,001 - $15,000
- Josh S. Gottheimerhouse · NJ05 · disclosed Aug 21, 2023 (39d later)Buy$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Jan 3, 2023 (29d later)Sell$1,001 - $15,000
- Ro Khannahouse · CA17 · disclosed Jan 3, 2023 (28d later)Buy$1,001 - $15,000
Self-reported filings, amounts as brackets. Via Senate/House disclosures.