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Spotify Technology SA (SPOT)

Upturn stock ratingUpturn stock rating
$709.95
Last Close (24-hour delay)
Today's Top Performer Top performer
Profit since last BUY17.88%
upturn advisory
Regular Buy
BUY since 48 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

07/10/2025: SPOT (5-star) is a STRONG-BUY. BUY since 48 days. Profits (17.88%). Updated daily EoD!

Upturn Star Rating

rating

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

rating

40 Analysts rated it

Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.

1 Year Target Price $714.55

1 Year Target Price $714.55

Analysts Price Target For last 52 week
$714.55 Target price
52w Low $288.07
Current$709.95
52w High $785

Analysis of Past Performance

Type Stock
Historic Profit 225.35%
Avg. Invested days 77
Today’s Advisory Regular Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/10/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 145.58B USD
Price to earnings Ratio 108.06
1Y Target Price 714.55
Price to earnings Ratio 108.06
1Y Target Price 714.55
Volume (30-day avg) 40
Beta 1.66
52 Weeks Range 288.07 - 785.00
Updated Date 07/10/2025
52 Weeks Range 288.07 - 785.00
Updated Date 07/10/2025
Dividends yield (FY) -
Basic EPS (TTM) 6.57

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 7.19%
Operating Margin (TTM) 12.15%

Management Effectiveness

Return on Assets (TTM) 10.05%
Return on Equity (TTM) 24.4%

Valuation

Trailing PE 108.06
Forward PE 65.79
Enterprise Value 141263044125
Price to Sales(TTM) 8.97
Enterprise Value 141263044125
Price to Sales(TTM) 8.97
Enterprise Value to Revenue 7.43
Enterprise Value to EBITDA 65.24
Shares Outstanding 205056000
Shares Floating 155028739
Shares Outstanding 205056000
Shares Floating 155028739
Percent Insiders 24.32
Percent Institutions 69.22

ai summary icon Upturn AI SWOT

Spotify Technology SA

stock logo

Company Overview

overview logo History and Background

Spotify was founded in 2006 in Stockholm, Sweden by Daniel Ek and Martin Lorentzon. The platform launched in 2008, offering streaming music services. It grew rapidly, expanding globally and becoming a leader in the digital music industry.

business area logo Core Business Areas

  • Premium: Subscription-based service providing ad-free listening, offline downloads, and higher audio quality.
  • Ad-Supported: Free service that allows users to listen to music with advertisements.
  • Podcast: Platform for creating, hosting, and distribution of podcasts

leadership logo Leadership and Structure

Daniel Ek is the CEO. The company is structured with a board of directors overseeing various departments, including engineering, product development, marketing, and content.

Top Products and Market Share

overview logo Key Offerings

  • Spotify Premium: Subscription service offering ad-free music listening, offline downloads, and high-quality audio. Spotify's market share in music streaming is approximately 30%, with over 220 million paying subscribers (Q1 2024). Competitors include Apple Music, Amazon Music, and YouTube Music.
  • Spotify Ad-Supported: Free service with access to music and podcasts but includes advertisements. This provides a broader user base. Market share of listeners is 60%, with users accessing free streaming services. Competitors include Pandora, iHeartRadio
  • Podcast Platform: Hosts a wide range of podcasts and offers tools for creators, generating revenue through advertising and subscriptions. Competitors include Apple Podcasts, Amazon Music, Google Podcasts

Market Dynamics

industry overview logo Industry Overview

The music streaming industry is experiencing growth, driven by increased internet penetration and consumer demand for on-demand music. The audio market is now including podcasts and audiobooks.

Positioning

Spotify is positioned as a leading music streaming platform, known for its vast library, personalized playlists, and user-friendly interface. It has a competitive advantage due to its established brand and extensive user base.

Total Addressable Market (TAM)

The global music streaming market is projected to reach $45 billion by 2027. Spotify is well-positioned to capture a significant portion of this market, with a focus on expanding its user base and diversifying its offerings.

Upturn SWOT Analysis

Strengths

  • Large user base
  • Extensive music library
  • Personalized playlists
  • Strong brand recognition
  • Podcast integration

Weaknesses

  • High royalty costs
  • Profitability challenges
  • Dependence on major labels
  • Limited pricing flexibility

Opportunities

  • Expansion into new markets
  • Development of new features (e.g., HiFi audio)
  • Partnerships with other companies
  • Diversification into new content formats

Threats

  • Competition from other streaming services
  • Copyright infringement
  • Changing consumer preferences
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • AAPL
  • AMZN
  • GOOGL

Competitive Landscape

Spotify's main advantage is its large user base and personalized playlists. Disadvantages include high royalty costs. Competitors like Apple and Amazon have resources from other divisions, giving them more flexibility with pricing.

Major Acquisitions

Gimlet Media

  • Year: 2019
  • Acquisition Price (USD millions): 230
  • Strategic Rationale: Expanded Spotify's podcast content and production capabilities.

Anchor FM

  • Year: 2019
  • Acquisition Price (USD millions): 152
  • Strategic Rationale: Provided tools for creating and distributing podcasts, enhancing Spotify's podcast platform.

Growth Trajectory and Initiatives

Historical Growth: Spotify has experienced significant growth in users and revenue, driven by the increasing popularity of music streaming.

Future Projections: Analysts predict continued revenue growth for Spotify, driven by subscriber growth and expansion into new markets.

Recent Initiatives: Spotify has been focusing on expanding its podcast offerings, investing in new technologies like AI-powered recommendations, and testing new pricing models.

Summary

Spotify remains a leader in the music streaming industry, driven by a large user base and innovative features. High royalty costs continue to impact profitability. Expanding podcast content and diversifying into new audio formats are key initiatives. Competition from larger tech companies poses a persistent threat, though.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Spotify Investor Relations
  • SEC Filings
  • Industry Reports
  • Market Research Data

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and due diligence. Market data and projections are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Spotify Technology SA

Exchange NYSE
Headquaters -
IPO Launch date 2018-04-03
Founder, CEO & Chairman Mr. Daniel G. Ek
Sector Communication Services
Industry Internet Content & Information
Full time employees 7258
Full time employees 7258

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 City, Luxembourg.