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Spotify Technology SA

SPOT.N

Latest Trade

303.06USD

Change

-31.63(-9.45%)

Volume

555,995

Today's Range

302.60

 - 

334.50

52 Week Range

109.54

 - 

387.43

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
334.69
Open
330.00
Volume
555,995
3M AVG Volume
33.72
Today's High
334.50
Today's Low
302.60
52 Week High
387.43
52 Week Low
109.54
Shares Out (MIL)
190.21
Market Cap (MIL)
62,699.38
Forward P/E
-178.76
Dividend (Yield %)
--

Next Event

Spotify Technology SA at Morgan Stanley Technology, Media and Telecom Conference (Virtual)

Latest Developments

More

Spotify Reports 21.1% Passive Stake In Tencent Music Entertainment Group As Of Dec. 31, 2020 - SEC Filing

Spotify Launches In South Korea

Apple Plans Podcasting Subscription Service In Threat To Spotify- The Information

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About Spotify Technology SA

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. 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 high quality audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries.

Industry

Computer Services

Contact Info

42-44 Avenue de la Gare

1610

Luxembourg

https://www.spotify.com

Executive Leadership

Daniel G. Ek

Chairman of the Board, Chief Executive Officer

Paul Vogel

Chief Financial Officer

Katarina Berg

Chief Human Resource Officer

Horacio Gutierrez

Head of Global Affairs & Chief Legal Officer

Alex Norstrom

Chief Freemium Business Officer

Key Stats

2.76 mean rating - 29 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

5.3K

2019

6.8K

2020

7.9K

2021(E)

9.4K
EPS (EUR)

2018

-0.440

2019

-1.030

2020

-3.100

2021(E)

-1.570
Price To Earnings (TTM)
--
Price To Sales (TTM)
6.54
Price To Book (MRQ)
18.66
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
20.57
LT Debt To Equity (MRQ)
20.57
Return on Investment (TTM)
-19.02
Return on Equity (TTM)
-10.15

Latest News

Latest News

Spotify to launch in 85 new markets, reach more than a billion listeners

Spotify said on Monday it would nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.

Barack Obama and Bruce Springsteen team up for new Spotify podcast

Former U.S. President Barack Obama and rock music legend Bruce Springsteen debuted a new podcast on Monday where the pair discuss topics ranging from fatherhood and marriage to race and the state of America.

Spotify to allow employees to work from anywhere

Spotify Technology SA will allow its employees to work from anywhere, the Swedish music streaming company said in a blog post https://newsroom.spotify.com/2021-02-12/distributed-first-is-the-future-of-work-at-spotify on Friday, further upending the future of modern working...

Spotify to allow employees to work from anywhere

Spotify Technology SA is introducing a "work from anywhere" policy for its employees, allowing them to work from office, home or any other location, the Swedish music streaming service said in a blog post https://newsroom.spotify.com/2021-02-12/distributed-first-is-the-future-of-work-at-spotify...

Spotify outlook weakens as pandemic uncertainty persists

Spotify on Wednesday forecast that revenue and paid subscribers would miss Wall Street estimates this quarter due to uncertainty over how long the coronavirus crisis would last and with it a surge in demand for its music streaming.

Breakingviews - Spotify has bigger issues than slower growth

Skilled composers keep an audience interested by leaving unresolved tension in the music. Spotify Technology Chief Executive Daniel Ek has pulled off a similar trick with investors, having presided over a soaring share price despite failing to address the Swedish music-streaming...

Spotify quarterly revenue beats on subscriber growth

Spotify Technology SA beat Wall Street estimates for fourth-quarter revenue on Wednesday, as the music streaming company hit 155 million paid subscribers for its premium service.

Spotify launches music streaming service in South Korea

Spotify Technology SA on Tuesday made a long-awaited debut in South Korea, the sixth largest music market in the world and home to the K-pop music genre.

U.S. keeping music licensing decrees that help Spotify, others

The U.S. Justice Department's top antitrust official said on Friday the administration will not scrap decades-old agreements with music licensing groups ASCAP and BMI that hold down costs for Spotify and others.

U.S. keeping music licensing decrees that help Spotify, others

The U.S. Justice Department's top antitrust official said on Friday the administration won't scrap decades-old agreements with music licensing groups ASCAP and BMI that hold down costs for Spotify and others.

Apple plans to launch new podcast subscription service: The Information

Apple Inc is discussing launching a new subscription-based podcast service, the Information reported https://www.theinformation.com/articles/apple-plans-podcasting-subscription-service-in-threat-to-spotify on Friday, citing people familiar with the matter, in direct competition...

Podcast app Breaker to be acquired by Twitter

(This January 4 story corrects typographical error in CEO name in final paragraph)

'Love wins,' Harry and Meghan say in 2020 reflections on first podcast

Britain's Prince Harry and his wife Meghan on Tuesday thanked essential workers and offered encouragement to people who suffered during the 2020 coronavirus pandemic in their first podcast released on Spotify .

'Love wins,' Harry and Meghan say in 2020 reflections on first podcast

Britain's Prince Harry and his wife Meghan on Tuesday thanked essential workers and offered encouragement to people who suffered during the 2020 coronavirus pandemic in their first podcast released on Spotify.

Spotify to launch its service in South Korea in first half of 2021

Spotify Technology SA said on Thursday it will launch its music streaming service in South Korea in the first half of 2021 after expanding into Russia and 12 other nations earlier this year.

Spotify to launch its service in South Korea in first half of 2021

Spotify Technology SA said on Thursday it will launch its service in South Korea in the first half of 2021. (Reporting by Kanishka Singh in Bengaluru Editing by Chris Reese)

Harry and Meghan to produce and host podcasts for Spotify

Britain's Prince Harry and his wife Meghan will produce and host podcasts for Spotify's streaming service, the Swedish company said on Tuesday, starting with a holiday special that will be released this month.

Spotify to buy ad tech firm Megaphone to monetize podcasts

Sweden-based Spotify Technology SA <SPOT.N> has agreed to buy podcast advertising and publishing platform Megaphone, it said on Tuesday, the latest in a series of a deals to boost its podcast platform.

Spotify adds more subscribers as music streaming gets back on track

Spotify added more subscribers than expected in the third quarter and forecast strong growth in the current quarter as the music streaming service expands into more markets.

Spotify's third-quarter paid subscriber number beats expectations

Spotify Technology SA on Thursday said paid subscribers in the third quarter grew to 144 million, beating expectations, as more users tuned in to its streaming music service.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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