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Spotify: Paying 29x Operating Profits Makes This A Sound Investment
Seeking Alpha· 2024-09-24 14:57
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...
Spotify Stock Finishes at a Record High After a 10-Day Rally
Investopedia· 2024-09-20 21:15
Key Takeaways Spotify shares rose Friday for a record tenth straight session. The stock also finished the day at its first record high since February 2021. KeyBanc analysts said this week that recent comments from Universal Music Group could mean their projections for Spotify's subscriber growth could be too conservative. Spotify (SPOT) shares rose for a tenth straight session on Friday, ending the day at their first record close since February 2021. The streaming music company's shares ended the day up 1.3 ...
Up 115% in a Year, Spotify Needs This Growth Engine to Kick In
The Motley Fool· 2024-09-18 13:45
Spotify stock is on fire, and new growth engines like advertising are becoming a bigger part of the company's growth. Spotify's (SPOT 0.20%) stock is on fire over the past two years, in large part because the company was able to increase prices and lower costs, driving vastly improved cash flows. But for the stock to continue its run, the company needs advertising and tickets/merchandise to play a role in the business. In this video, Travis Hoium covers the company's growth and where Spotify will go next. * ...
Prediction: These 2 Phenomenal Stocks Are Set to Soar
The Motley Fool· 2024-09-10 13:53
I'm head over heels about these two stocks. I love growth stocks -- identifying them, buying them, and holding them for the long term. If done right, this type of investment can deliver massive returns and help set someone up for life. So, let's take a look at two stocks I think are poised for years of solid gains. Spotify Technology Sometimes, the best stocks are right under your nose. Or, in the case of Spotify Technology (SPOT 0.84%), in your ear. You see, so far in 2024, Spotify stock is up more than 71 ...
Bull of the Day: Spotify Technology (SPOT)
ZACKS· 2024-09-04 10:00
Spotify Technology (SPOT) , a current Zacks Rank #1 (Strong Buy), provides a music streaming platform that includes commercial-free music and ad-supported services to subscribers. Analysts have taken their earnings expectations higher across the board. Image Source: Zacks Investment Research In addition to favorable earnings estimate revisions, the stock resides in the Zacks Technology Services industry, currently ranked in the top 25% of all Zacks industries. Let's take a closer look at how the company cur ...
Up 82% This Year, Should Investors Still Buy This Red-Hot Growth Stock?
The Motley Fool· 2024-09-02 22:07
Learn why this streaming giant's stock is heading higher. What a year it's been for the stock market so far. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Index are up 18%, 18%, and 10%, respectively. Yet, there are many stocks that are outperforming the benchmark indexes. Let's have a look at one such stock: Spotify Technology (SPOT 0.63%). Spotify stock has been on a tear When it comes to Spotify stock, one fact is undeniable: It has been a great name to own since the start of 2023. Indeed, afte ...
You use Spotify to listen to music. Here's how money from ads and subscription fees flows to artists
Techxplore· 2024-08-31 21:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: This March 20, 2018 file photo shows the Spotify app on an iPad in Baltimore. Credit: AP Photo/Patrick Semansky, File Every day, millions of people use Spotify to stream music. A few years ago, it would've felt like an impossibility: Click, and bam—a seemingly endless catalog of recorded music opens up, right at your fingertips. ...
Spotify: Own Content To Defend Profit Margins
Seeking Alpha· 2024-08-29 06:57
Gabriel Trujillo/iStock via Getty Images Executive Summary Spotify (NYSE:SPOT) is continuing to grow its premium subscriber base even after a price increase was implemented, leading to strong earnings growth. Spotify is also continuing to invest in its own content portfolio, with the hope that an increasing share of the revenue pool will be allocated to its podcasts and audiobooks. Growing revenue share from high-margin content investments would help Spotify to continue increasing margins, even if record la ...
Spotify Stock Soars 81% Year to Date: Should You Invest or Avoid?
ZACKS· 2024-08-28 16:46
Spotify Technology S.A. (SPOT) has seen its stock skyrocket 80.6% year to date. This impressive performance has significantly outpaced the 20.1% rally of the industry it belongs to and the 17.8% growth of the Zacks S&P 500 composite. As of the last trading session, the stock closed at $339.47, close to its 52-week high of $359.38. SPOT is trading above its 50-day moving average, indicating a bullish sentiment among investors. Year-to-Date Price Performance Image Source: Zacks Investment Research Given the c ...
Surging Momentum: 3 Growth Stocks to Buy Now (NU, SPOT, PLTR)
ZACKS· 2024-08-20 18:50
The current market environment is exceptionally strong, offering fertile ground for growth stocks with compelling fundamentals. Stocks like Nu ((NU), Spotify ((SPOT), and Palantir ((PLTR) are perfectly positioned to capitalize on this momentum. These stocks not only boast impressive growth forecasts and powerful momentum, but also hold top Zacks Ranks, further reinforcing their potential for continued outperformance. As these companies ride strong industry trends and demonstrate robust earnings growth, they ...