Spotify(US:SPOT) ZACKSยท2025-04-11 22:55Company Performance - Spotify's stock closed at $543.66, reflecting a decrease of -1.69% from the previous day, underperforming compared to the S&P 500's gain of 1.81% [1] - Over the last month, Spotify's shares increased by 2.81%, outperforming the Computer and Technology sector's decline of 7.27% and the S&P 500's decline of 6.14% [1] Upcoming Earnings - Spotify is set to release its earnings report on April 29, 2025, with an expected EPS of $2.24, indicating a significant increase of 113.33% from the same quarter last year [2] - Revenue is forecasted to reach $4.38 billion, representing a 10.9% increase compared to the year-ago quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $10.13 per share and revenue at $18.85 billion, reflecting increases of +70.25% and +11.21% respectively from the prior year [3] - Recent changes in analyst estimates suggest a positive outlook for Spotify's business and profitability [3] Analyst Ratings - The Zacks Rank system, which assesses estimate changes, currently rates Spotify as 4 (Sell), with a recent 1.01% decline in the Zacks Consensus EPS estimate [5] - Spotify's Forward P/E ratio stands at 54.59, indicating a premium compared to the industry average Forward P/E of 24.57 [5] Industry Context - The Internet - Software industry, which includes Spotify, ranks in the top 35% of all industries according to the Zacks Industry Rank [6] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks within the industry, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [6]