Spotify
SPOT
Market cap $110B

537.91 USD

+2.07

0.39%

At close Mar 13, 4:00 PM EDT

After hours

537.91

+0.00

0.00%

1 day

0.39%

5 days

-0.48%

1 month

-17.03%

3 months

11.30%

6 months

59.19%

Year to date

17.50%

1 year

109.09%

5 years

308.87%

10 years

260.99%

About: Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

Employees: 7,691

Communication Services Radio Broadcasting Stations

0

Funds holding %

of 7,372 funds

0

Analysts bullish %

of 15 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

163% more first-time investments, than exits

New positions opened: 237 | Existing positions closed: 90

24% more capital invested

Capital invested by funds: $48B [Q3] → $59.7B (+$11.7B) [Q4]

21% more repeat investments, than reductions

Existing positions increased: 362 | Existing positions reduced: 300

14% more funds holding

Funds holding: 902 [Q3] → 1,032 (+130) [Q4]

1.43% more ownership

Funds ownership: 65.87% [Q3] → 67.3% (+1.43%) [Q4]

13% less funds holding in top 10

Funds holding in top 10: 61 [Q3] → 53 (-8) [Q4]

20% less call options, than puts

Call options by funds: $3.14B | Put options by funds: $3.89B

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$480

11%

downside

Avg. target

$658

22%

upside

High target

$730

36%

upside

15 analyst ratings

12 positive

80%

3 neutral

20%

0 negative

0%

Guggenheim Michael Morris 71% 1-year accuracy 24 / 34 met price target	25%upside $675	Buy Reiterated	24 Feb 2025
Citigroup Jason Bazinet 62% 1-year accuracy 21 / 34 met price target	34%upside $720	Neutral Maintained	14 Feb 2025
Goldman Sachs Eric Sheridan 46% 1-year accuracy 25 / 54 met price target	29%upside $695	Buy Maintained	6 Feb 2025
Benchmark Mark Zgutowicz 34% 1-year accuracy 23 / 67 met price target	34%upside $720	Buy Maintained	5 Feb 2025
JP Morgan Doug Anmuth 66% 1-year accuracy 29 / 44 met price target	36%upside $730	Overweight Maintained	5 Feb 2025

See Analyst Rankings

Financial journalist opinion

Based on 24 articles about SPOT published over the past 30 days

Spotify launches a program to publish audiobooks from independent authors

In an expansion of its existing audiobooks efforts, Spotify on Thursday announced the launch of a new publishing program for authors that allows them to submit short-form stories they'd like to see turned into audiobooks. When Spotify selects a story for audiobook publishing, it will handle the production and distribution of the work to other major audiobook retailers, the company says.

Spotify launches a program to publish audiobooks from independent authors

Zacks Investment Research

Spotify (SPOT) Soars 3.9%: Is Further Upside Left in the Stock?

Spotify (SPOT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Spotify (SPOT) Soars 3.9%: Is Further Upside Left in the Stock?

Proactive Investors

Spotify shares rise on record royalty payout

Spotify Technology SA (NYSE:SPOT) shares gained more than 5% after the music streaming service revealed it paid a record $10 billion in royalties to artists in 2024. Per the Swedish company's annual Loud & Clear report, payouts to independent artists and labels represented about half of the company's total royalties for another year at $5 billion.

Spotify shares rise on record royalty payout

Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?

The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.

Spotify says it paid $10 billion in royalties in 2024 — but are artists any better off?

Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams

Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said in its annual Loud and Clear Report. Spotify said more than 80% of the artists in that pool didn't have a song reach the app's Global Daily Top 50 Chart.

Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams

Spotify says it paid $10 billion in royalties in 2024

Spotify said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year.

Spotify says it paid $10 billion in royalties in 2024

How the Music Industry's Cultural and Financial Impact Define Its Success in 2025: Spotify Loud & Clear Report

NEW YORK--(BUSINESS WIRE)--Spotify has just unveiled this year's Loud & Clear report, a transparent look at how the streaming economy continues to support artists and fuel the music industry's explosive growth. Loud & Clear is an annual initiative to demystify how artists earn money through streaming, clarify royalty distribution, and highlight the growing and evolving global music landscape. The latest report underscores record-breaking revenues, increased artist diversity, and a more.

How the Music Industry's Cultural and Financial Impact Define Its Success in 2025: Spotify Loud & Clear Report

Spotify says its payouts are getting better, but artists still disagree

Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service's royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company doesn't reward artists properly for their work.

Spotify says its payouts are getting better, but artists still disagree

Spotify says it's fixing the bug that caused Premium users to hear ads

Spotify has acknowledged an issue that's causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify's customer service account, the company said it's looking into the problem and linked to its Community website where the issue has been documented by users over the past four weeks.

Spotify says it's fixing the bug that caused Premium users to hear ads

The Motley Fool

This Billionaire Just Bought $560 Million of This Brilliant Stock Up Nearly 650% Since 2023

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