Spotify Technology SA SPOT

Communication Services

Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.

NYSE:SPOT - Post by User

Spotify Technology SA

<< Previous

Bullboard Posts

Next >>

Post by Possibleidiot01on Jul 22, 2024 6:35pm

57 Views

Post# 36143427

Brew Markets newsletter comment

Spotify (SPOT) has the same problem all subscription companies have: It must balance subscriber happiness with costs. The company has raised prices recently and it doesn’t seem like customers rebelled, though this quarter will reveal more insights into subscriber numbers. Wall Street likes what it sees, though, with 21 of 29 analysts who cover the stock giving it a “buy” rating and an average price target 20% higher than where it trades today. Consensus: $1.18 EPS, $4.09 billion in revenue