The upcoming report from Spotify (SPOT) is expected to reveal quarterly earnings of $1.74 per share, indicating an increase of 383.3% compared to the year-ago period. Analysts forecast revenues of $4.38 billion, representing an increase of 19.8% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a compa ...

Spotify stock is on fire, but the best may still be ahead for investors.Spotify (SPOT 1.30%) is a leader in music streaming, but its growth may come from new revenue streams like podcasts, video, and advertising. In this video, Travis Hoium discusses Spotify's strategy, growth, risks, and why this could be a 10x stock for long-term investors.*Stock prices used were end-of-day prices of Nov. 5, 2024. The video was published on Nov. 6, 2024. ...

In the latest trading session, Spotify (SPOT) closed at $384.50, marking a -0.16% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.41%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.8%.The the stock of music-streaming service operator has risen by 3.35% in the past month, leading the Business Services sector's gain of 0.16% and the S&P 500's loss of 0.97%.The upcoming earnings release of Spotify will be of ...

The Evolution of Media and Politics For decades, media and politics have been connected at the hips. Politicians leverage media to get their message out to the public, while media uses politicians to gain advertising dollars and viewership. Throughout U.S. history, the media has had a dramatic impact on politics and the country. In the early 1900s, Teddy Roosevelt had to ride a train throughout the country and tirelessly shout his message at large crowds. While political rallies of this nature occur today, ...

Stock Options and Spotify's Market Activity - Investors can gain exposure to a stock's directional move through stock options, which offer leverage but require precise timing and direction due to expiration dates [1] - Spotify Technology's NYSE: SPOT options volume spiked recently, with net call option buyers purchasing $198,826 worth of contracts in the past month, indicating bullish sentiment ahead of earnings [2] Spotify's Business Model and Market Position - Spotify operates in the technology sector with a subscription-based model, offering predictable cash flows and low overhead costs, making it attractive in a weakening consumer discretionary market [3] - Unlike other discretionary items, entertainment subscriptions like Spotify are less likely to be canceled, providing demand predictability and cash flow stability [4] Wall Street's Outlook on Spotify Stock - Wall Street analysts expect Spotify stock to reach new highs, with Pivotal Research setting a price target of $510, implying a 33.7% upside from current levels [5] - Keycorp also set a bullish price target of $490, reinforcing the positive sentiment ahead of earnings [6] - Institutional buyers like Perpetual Ltd increased their Spotify holdings by 24.3%, bringing their total holdings to $279.8 million [6] Valuation Metrics and Market Trends - Spotify's P/E ratio of 149.7x significantly exceeds the business sector average of 42.6x, reflecting a premium valuation due to its inflation-beating growth and stability [7] - The stock's price-to-book (P/B) ratio of 26.5x is also much higher than the industry average of 4.8x, indicating market willingness to overpay for exposure [7] Analyst Ratings and MarketBeat Insights - Spotify currently holds a "Moderate Buy" rating among analysts, but it was not included in MarketBeat's list of top five stocks recommended by top-rated analysts [8][9]

Wall Street expects a year-over-year increase in earnings on higher revenues when Spotify (SPOT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock ...

Music streaming company Spotify said today that it is testing music videos for premium users in 85 additional markets. The company first ran a video experiment in limited markets in March. Spotify originally rolled out music videos in beta in 11 countries, including the U.K., Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, the Philippines, Indonesia, and Kenya. Earlier this year, Egypt was added to the list. The company didn't specify if these 85 new markets included the U.S. It's a large ...

Group 1: Stock Performance - Spotify's stock closed at $373.98, reflecting a +0.97% change from the previous day, outperforming the S&P 500's gain of 0.71% [1] - Over the past month, Spotify's stock has increased by 13.27%, surpassing the Business Services sector's gain of 5.54% and the S&P 500's gain of 6.41% [1] Group 2: Upcoming Earnings - Spotify is expected to report an EPS of $1.79, indicating a significant increase of 397.22% from the same quarter last year [2] - Revenue is forecasted to reach $4.38 billion, representing a 19.83% increase compared to the year-ago quarter [2] Group 3: Fiscal Year Projections - For the entire fiscal year, earnings are projected at $6.24 per share, showing a change of +311.53% from the previous year [3] - Revenue for the fiscal year is estimated at $17.1 billion, reflecting a +19.36% change from the prior year [3] Group 4: Analyst Estimates and Rankings - Recent adjustments to analyst estimates for Spotify indicate a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system currently rates Spotify at 4 (Sell), with the consensus EPS estimate moving 1.2% lower over the past month [5] Group 5: Valuation Metrics - Spotify's Forward P/E ratio stands at 59.39, which is a premium compared to the industry average Forward P/E of 24.25 [6] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 82, placing it in the top 33% of all industries [6]

I have been a Spotify Technology S.A. (NYSE: SPOT ) user for many years; the app (along with other streamers) has developed into something akin to microwave/cell phone/internet in that one wonders how one lived without it. Along the Experience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying ...

Artificial intelligence could increase the value Spotify brings to users and help the bottom line. Spotify (SPOT -0.17%) has found some of the most compelling artificial intelligence (AI) use cases today. The company has an AI DJ and is now making AI playlists. But the real growth could come out of AI ads, all of which Travis Hoium covers in this video. *Stock prices used were end-of-day prices of Oct. 1, 2024. The video was published on Oct. 2, 2024. ...