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Spotify Technology SA SPOT

Technology Internet Content & Information
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg, Luxembourg.


NYSE:SPOT - Post by User

Spotify Technology SA
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  • Possibleidiot01X
Post by Possibleidiot01on Jul 22, 2024 6:35pm
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Post# 36143427

Brew Markets newsletter comment

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


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