Spotify's technology today
Up to 05/2/2025 03:59 PM East
- 52-week range
- $ 286.21
▼
$ 653.32
- Ratio of p/e.
- 108.03
- Price target
- $ 604.76
Spotify technology NYSE: spot Quarterly earnings were delivered before the market was opened on April 29. Investors expect a report approximately Netflix Inc. NASDAQ: NFLXthat bullish outlook confirmed for NFLX stock.
Spotify fell there. The report is not bad in any way, but investors often hear what they want to hear. So when the company reported a slight miss on operating income and other numbers encountered, but did not exceed the company's guide, the stock dropped more than 8% immediately following the report.
However, on the days that follow, the stock stock recovers almost all of that loss. With investors wondering if the stock will push in a new high time. There is a good reason to believe that it is.
CEO said to ignore the noise
According to Spotify Chief Executive Officer Daniel Ek, there may be some short-term noise in the broader economy, however, Ek believes he has nothing to do but nothing but the uprising on a long-term perspective for Spotify.
In fact, Ek said the Spotify market continues to grow, and the company is taking a greater part of the market. In addition, the company has achieved that growth while rising prices.
That growth is can be seen in some remaining metrics Like
- 15% year-over-year (yoy) income growth
- Monthly active users (MAU) have reached 10% yoy
- Premium subscribers reached 12% yoy
- Record Free Cash Flow (FCF)
And keep in mind that investors respond to a slight miss on operating income. The rest of that story is the income of operating by 203% in the quarter.
Freemium can cut the same way
Stock of Spotify Technology today
$ 604.76
-5.91% downsideModerate purchase
Based on 29 analyst ratings
| Current price | $ 642.77 |
|---|---|
| High forecast | $ 740.00 |
| Average forecast | $ 604.76 |
| Low forecast | $ 375.00 |
Spotify Technology Stock Forecast
Spotify's streaming service is seen as immune from tariff concerns and offers great value for consumers even in times of economic uncertainty. As Netflix has shown, consumers will accept ads at the right price. For Spotify users, low prices are free.
In a conference call, Ek said this plan helps keep customers on the channel even at an uncertain time. The company has made significant investment to upgrade monetization capabilities for this category of users.
These investments include Spotify Ad Exchange (SAX), which features a programmatic advertising model that has the adeamlines of buying an ad with enhanced tools and measurements. Spotify also enhances Spotify ads, its self-serve platform, along with “Gen Ai ADS,” which provides access to advertisers in Ai-Enhanced Script and voiceover creation.
Those investments may be why investors fail by a successive collapse in ad-supported income. But with closer inspections, investors have found that this revenue category has reached 8% year-year. In addition, the revenue supported by the company's ad generally increases the company's fourth quarter, covering the holidays.
Analysts painted a mix -halang picture
After the bouncing back, the stock stock was combined -including around the $ 600 mark. Takeaway is, like many business service stocks, Spotify's growth is aging, which means investors and analysts are increasing their expectations. That is especially true for a stock that trades over 100x income. Spotify is a commodity, and users will only pay a certain price for service.
Because of the revenues, the analyst sentiment is mixed -with with lower and higher price targets. However, even analysts that lower their targets still have a target price above the agreed price of $ 606.71. That combination suggests a pullback from the current levels is likely. However, such a lower move can allow investors to enter a more attractive -attractive price.
Before you consider Spotify technology, you want to hear it.
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