295.41 +0.40 +0.14%
After-market 07:37:29 PM EDT 7/19/2024 BTT
Plus500. 80% of retail CFD accounts lose money
295.01 +4.83 +1.66%
Official Close 03:59:59 PM EDT 7/19/2024 BTT

On Friday 07/19/2024 the closing price of the Spotify share was $295.01 on BTT. Compared to the opening price on Friday 07/19/2024 on BTT of $292.90, this is a gain of 0.72%. Spotify's market capitalization is $56.61 B by 195.12 M shares outstanding.
Is Spotify stock a Buy, Sell or Hold? Spotify stock has received a consensus rating of buy. The average rating score is and is based on 81 buy ratings, 19 hold ratings, and 0 sell ratings.
What was the 52-week low for Spotify stock? The low in the last 52 weeks of Spotify stock was 129.00. According to the current price, Spotify is 229.00% away from the 52-week low.
What was the 52-week high for Spotify stock? The high in the last 52 weeks of Spotify stock was 331.00. According to the current price, Spotify is 89.25% away from the 52-week high.
What are analysts forecasts for Spotify stock? The 100 analysts offering price forecasts for Spotify have a median target of 238.74, with a high estimate of 400.00 and a low estimate of 110.00. The median estimate represents a 123.74 difference from the last price of 295.41.

Spotify Stock Snapshot

294.09
Bid
100.00
Bid Size
295.18
Ask
40.00
Ask Size
7/19/2024
Date
7:37 PM
Time
119,918.00
Volume
295.01
Prev. Close
292.90
Open
195.12 M
Number of Shares
292.90
Day Low
298.39
Day High
295.41
129.00
52 Week Low
331.00
52 Week High
295.41
0.00
Dividend in EUR
0.00
Dividend Yield
71.86
Free Float in %
-2.95
EPS in EUR
14.14
Book Value per Share in EUR
3.79
Cash Flow per Share in EUR

Historical Prices for Spotify

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Date Open Close Daily High Daily Low
Price change over selected period: 0% 0

Spotify Analyst Data

Total Analysts: 100
Buy Ratings: 81 Neutral Ratings: 19 Sell Ratings: 0
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 110.00 Median: 238.74 Highest: 400.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Spotify Analyst Opinions

Date Analyst Rating Price
07/12/24 Wolfe Research
Maintained Buy $390
07/11/24 UBS
Maintained Buy $400
07/11/24 Jefferies & Company Inc.
Maintained Buy $385
07/02/24 Bank of America Merrill Lynch
Maintained Buy $380
06/04/24 J.P. Morgan
Maintained Buy $375
06/04/24 Rosenblatt
Maintained Buy $396
05/07/24 Citigroup Corp.
Maintained Hold $310
04/24/24 HSBC
Maintained Buy $355
04/24/24 Guggenheim
Maintained Buy $350
04/24/24 Bank of America Merrill Lynch
Maintained Buy $370
04/24/24 Barclays Capital
Maintained Buy $350
04/24/24 J.P. Morgan
Maintained Buy $365
04/24/24 Piper Sandler
Maintained Hold $320
04/24/24 Goldman Sachs
Maintained Hold $317
04/24/24 Rosenblatt
Maintained Buy $396
04/24/24 The Benchmark Company
Maintained Buy $375
04/24/24 Pivotal Research Group
Maintained Buy $400
04/22/24 Macquarie Research
Maintained Buy $330
04/22/24 Loop Capital
Maintained Hold $250
04/22/24 Morgan Stanley
Maintained Buy $350
04/22/24 Capital Depesche
Maintained Buy $330
04/18/24 The Benchmark Company
Maintained Buy $325
04/17/24 Deutsche Bank
Maintained Buy $340
04/17/24 Goldman Sachs
Maintained Hold $277
04/15/24 Raymond James Financial, Inc.
Maintained Buy $320
04/10/24 Barclays Capital
Maintained Buy $335
04/08/24 J.P. Morgan
Maintained Buy $320
04/05/24 UBS
Maintained Buy $375
04/05/24 Pivotal Research Group
Maintained Buy $390
03/20/24 Bank of America Merrill Lynch
Maintained Buy $315
02/07/24 Morgan Stanley
Maintained Buy $270
02/07/24 Pivotal Research Group
Maintained Buy $330
02/07/24 The Benchmark Company
Maintained Buy $290
02/07/24 Macquarie Research
Maintained Buy $300
02/07/24 Rosenblatt
Maintained Buy $315
02/07/24 DZ BANK
Upgraded to Buy $240
02/07/24 J.P. Morgan
Maintained Buy $280
01/31/24 Wells Fargo & Co
Maintained Buy $280
01/30/24 UBS
Upgraded to Buy $274
01/09/24 Goldman Sachs
Maintained Hold $195
01/02/24 The Benchmark Company
Maintained Buy $260
12/21/23 Pivotal Research Group
Upgraded to Buy $265
12/11/23 Raymond James Financial, Inc.
Maintained Buy $220
12/11/23 Rosenblatt
Upgraded to Buy $300
12/08/23 Baird Patrick & Co
Maintained Buy $225
12/08/23 Rosenblatt
Maintained Hold $150
12/08/23 Barclays Capital
Maintained Buy $216
12/05/23 Morgan Stanley
Maintained Buy $230
12/01/23 Citigroup Corp.
Downgraded to Hold $190
10/25/23 J.P. Morgan
Maintained Buy $205

Spotify Estimates* in EUR

  2024 2025 2026 2027 2028
Revenue 15,677 17,967 20,183 22,299 26,553
Dividend 0.00 0.00 0.00 0.00 -
Dividend Yield (in %) 0.00 % 0.00 % 0.00 % 0.00 % -
EPS 4.67 6.79 8.51 9.20 12.04
P/E Ratio 57.29 39.41 31.47 29.11 22.24
EBIT 1,016 1,576 2,060 2,274 2,870
EBITDA 1,241 1,843 2,313 2,487 3,194
Net Profit 951 1,371 1,734 1,917 2,452
Net Profit Adjusted 1,044 1,453 1,830 1,986 -
Pre-Tax Profit 1,080 1,678 2,212 2,464 3,151
Net Profit (Adjusted) 1,018 1,575 2,079 - -
EPS (Non-GAAP) ex. SOE - - - - -
EPS (GAAP) 4.67 6.79 8.51 9.20 12.04
Gross Income 4,421 5,259 6,091 6,933 8,381
Cash Flow from Investing 1 -435 -1,286 -2,372 -2,687
Cash Flow from Operations 1,574 2,167 2,330 2,630 2,955
Cash Flow from Financing 1 -435 -1,286 -2,372 -2,687
Cash Flow per Share 6.66 9.63 10.70 - -
Free Cash Flow 1,543 2,167 2,346 2,330 2,872
Free Cash Flow per Share 8.68 12.04 13.68 13.91 16.26
Book Value per Share 20.61 28.13 37.24 - -
Net Debt -3,967 -5,695 -8,101 -9,455 -
Research & Development Exp. 1,501 1,616 1,791 2,154 2,580
Capital Expenditure 32 39 45 114 82
Selling, General & Admin. Exp. 1,941 2,142 2,415 - -
Shareholder’s Equity 4,177 5,595 6,712 2,262 2,209
Total Assets 10,245 11,921 12,293 10,062 10,441
  Previous Quarter
ending 06/30/24
Current Quarter
ending 09/30/24
Next Quarter
ending 12/31/24
Current Year
ending 12/31/24
Next Year
ending 12/31/25
Earnings Estimates
No. of Analysts 23 23 23 33 31
Average Estimate 1.051 EUR 1.311 EUR 1.471 EUR 4.673 EUR 6.793 EUR
Year Ago -1.691 EUR 0.363 EUR -0.382 EUR -2.954 EUR -
Publish Date 7/23/2024 10/31/2024 2/5/2025 - -
Revenue Estimates
No. of Analysts 25 24 24 35 34
Average Estimate 3,815 EUR 4,009 EUR 4,270 EUR 15,677 EUR 17,967 EUR
Year Ago 3,458 EUR 3,652 EUR 3,948 EUR 14,322 EUR -
Publish Date 7/23/2024 10/31/2024 2/5/2025 - -
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. EUR

2023 2022 2021 2020 2019 2018 2017
Sales 14,321.54 12,324.78 11,427.39 8,983.00 7,570.60 6,204.30 4,613.25
Change of sales in % 16.20 7.85 27.21 18.66 22.02 34.49 41.27
Gross profit on sales 3,642.28 3,033.11 3,032.96 2,276.53 1,911.68 1,583.22 948.59
Gross profit on sales change in % 20.08 0.00 33.23 19.09 20.75 66.90 117.10
Operating income -349.20 -683.13 119.38 -313.49 -60.44 -50.73 -426.36
Operating income change in % 48.88 - - -418.69 -19.14 88.10 -10.44
Income before tax -545.96 -388.86 294.31 -808.24 -146.62 -202.92 -1,391.87
Income before tax change in % -40.40 - - -451.24 27.74 85.42 -136.07
Income after tax -575.15 -451.92 -40.19 -662.33 -208.18 -92.02 -1,393.00
Income after tax change in % -27.27 -1,024.53 93.93 -218.15 -126.23 93.39 -133.63

Balance Sheet in Mio. EUR

2023 2022 2021 2020 2019 2018 2017
Total liabilities 6,432.38 5,587.05 5,744.00 4,308.12 3,462.91 2,562.94 3,445.10
Long-term liabilities per share 9.71 9.49 10.80 3.99 3.93 0.60 6.59
Equity 2,787.03 2,562.47 2,409.73 3,432.06 2,286.53 2,393.76 285.79
Equity change in % 8.76 6.34 -29.79 50.10 -4.48 737.59 -
Balance sheet total 9,219.41 8,149.52 8,153.72 7,740.18 5,749.45 4,956.70 3,730.89
Balance sheet total change in % 13.13 -0.05 5.34 34.62 15.99 32.86 68.44

Key Data in EUR

2023 2022 2021 2020 2019 2018 2017
Sales per share 73.54 62.93 58.92 47.89 41.84 35.02 25.09
P/E ratio (year end quote, basic EPS) - - - - - - -
P/E ratio (year end quote, diluted EPS) - - - - - - -
P/E ratio (year end quote) - - - - - - -
Dividend yield in % 0.00 0.00 0.00 0.00 0.00 0.00 -
Equity ratio in % 30.23 31.44 29.55 44.34 39.77 48.29 7.66
Debt ratio in % 69.77 68.56 70.45 55.66 60.23 51.71 92.34

Spotify Dividend Calendar

Date Name Dividend *yield Currency
2023 Spotify 0.00 0.00 EUR
2022 Spotify 0.00 0.00 EUR
2021 Spotify 0.00 0.00 EUR
2020 Spotify 0.00 0.00 EUR
2019 Spotify 0.00 0.00 EUR
2018 Spotify 0.00 0.00 EUR
2017 Spotify - - EUR
2016 Spotify - - EUR
2015 Spotify - - EUR
*Yield of the Respective Date

Spotify Calendar

Event Estimate Info Date
Press Conference - 07/23/2024
Earnings Report 1.051 EUR Q2 2024 Earnings Release 07/23/2024
Earnings Report 1.311 EUR Q3 2024 Earnings Release 10/31/2024
Earnings Report 1.471 EUR Q4 2024 Earnings Release 02/05/2025
Earnings Report 1.538 EUR Q1 2025 Earnings Release 04/23/2025
Earnings Report 1.712 EUR Q2 2025 Earnings Release 07/23/2025

Spotify Past Events

Event Actual EPS Info Date
Press Conference - - 04/23/2024

Spotify Profile

Spotify is a music, video, and podcast streaming service based out of Stockholm, Sweden. The company went public via a direct listing in 2018, and was founded in 2008. Spotify gained popularity by mimicking the functionality of a downloaded music library and letting users play music on demand, instead of via a radio-like service. Spotify is available on a variety of platforms and in various countries. It was founded by Daniel Ek and Martin Lorentzon.

Moody’s Daily Credit Risk Score

Risk
  • Low
  • Medium
  • High
7
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Spotify Shareholder

Owner in %
Freefloat 71.86
Baillie Gifford & Co. 11.93
Martin Lorentzon 10.83
Baillie Gifford & Co. 10.82
Tencent Holdings Ltd. 8.39
Daniel Ek 6.77
Vanguard International Growth Fund 3.38
T. Rowe Price Associates, Inc. (Investment Management) 3.20
T Rowe Price Associates, Inc. (13F Subfiler) 2.93
Morgan Stanley Investment Management, Inc. 2.86
T. Rowe Price Investment Management, Inc. 2.26
TCMI, Inc. 1.97
Wellington Management Co. LLP (Wellington Breakout) 1.88
Massachusetts Financial Services Co. 1.70
JPMorgan Large Cap Growth Fund 1.28
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.