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Communication Services - Internet Content & Information - NYSE - LU
$ 596.8
-2.69 %
$ 119 B
Market Cap
90.13
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SPOT stock under the worst case scenario is HIDDEN Compared to the current market price of 597 USD, Spotify Technology S.A. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SPOT stock under the base case scenario is HIDDEN Compared to the current market price of 597 USD, Spotify Technology S.A. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SPOT stock under the best case scenario is HIDDEN Compared to the current market price of 597 USD, Spotify Technology S.A. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
15.7 B REVENUE
18.31%
1.36 B OPERATING INCOME
406.05%
1.14 B NET INCOME
313.91%
2.3 B OPERATING CASH FLOW
238.38%
-1.49 B INVESTING CASH FLOW
-584.79%
729 M FINANCING CASH FLOW
211.54%
4.24 B REVENUE
6.37%
477 M OPERATING INCOME
5.07%
367 M NET INCOME
22.33%
883 M OPERATING CASH FLOW
23.50%
-1.2 B INVESTING CASH FLOW
-1360.98%
244 M FINANCING CASH FLOW
146.46%
Balance Sheet Spotify Technology S.A.
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Current Assets 8.38 B
Cash & Short-Term Investments 7.45 B
Receivables 799 M
Other Current Assets 132 M
Non-Current Assets 3.63 B
Long-Term Investments 1.64 B
PP&E 414 M
Other Non-Current Assets 1.58 B
Current Liabilities 4.45 B
Accounts Payable 933 M
Short-Term Debt 0
Other Current Liabilities 3.52 B
Non-Current Liabilities 2.03 B
Long-Term Debt 2 B
Other Non-Current Liabilities 29 M
EFFICIENCY
Earnings Waterfall Spotify Technology S.A.
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Revenue 15.7 B
Cost Of Revenue 10.9 B
Gross Profit 4.72 B
Operating Expenses 3.36 B
Operating Income 1.36 B
Other Expenses 227 M
Net Income 1.14 B
RATIOS
30.14% GROSS MARGIN
30.14%
8.71% OPERATING MARGIN
8.71%
7.26% NET MARGIN
7.26%
20.60% ROE
20.60%
9.48% ROA
9.48%
15.33% ROIC
15.33%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Spotify Technology S.A.
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Net Income 1.14 B
Depreciation & Amortization 121 M
Capital Expenditures -17 M
Stock-Based Compensation 267 M
Change in Working Capital 376 M
Others 244 M
Free Cash Flow 2.28 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Spotify Technology S.A.
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Wall Street analysts predict an average 1-year price target for SPOT of $454 , with forecasts ranging from a low of $230 to a high of $700 .
SPOT Lowest Price Target Wall Street Target
230 USD -61.46%
SPOT Average Price Target Wall Street Target
454 USD -23.95%
SPOT Highest Price Target Wall Street Target
700 USD 17.29%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Spotify Technology S.A.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Spotify (SPOT) Earnings Expected to Grow: Should You Buy? Spotify (SPOT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 5 days ago
Live Market Update: S&P 500 Opens Lower on Political Rumblings in Washington S&P 500 opens lower on Monday after a holiday weekend in which President Trump threatened to fire the head of the Federal Reserve. 247wallst.com - 1 week ago
Spotify (SPOT) Beats Stock Market Upswing: What Investors Need to Know The latest trading day saw Spotify (SPOT) settling at $574.25, representing a +1.99% change from its previous close. zacks.com - 1 week ago
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know Spotify (SPOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 1 week ago
How Spotify Stock Stands Out in a Strong Industry SPOT has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well. zacks.com - 1 week ago
Investors on alert after Spotify outage In what feels like an increasingly common occurrence, a widespread Spotify outage on April 16 left millions of users without access to the popular music streaming platform, swiftly triggering rumours of a major ‘security hack.' finbold.com - 1 week ago
Spotify Stock Climbs as Its Growth Strategy Diversifies The positive momentum appears connected to the growing recognition of Spotify's evolving content strategy, which increasingly emphasizes diversification beyond its foundational music subscription business. marketbeat.com - 1 week ago
Spotify Stock Soars 18% in 3 Months: Should You Buy, Hold or Sell? Given SPOT's price rise, we analyze its current position to find out whether investors should buy, hold, or book profits. zacks.com - 1 week ago
Spotify Says Servers Are ‘All Clear' After Thousands Reported Outage Spotify says it has fixed an issue that caused tens of thousands of users to complain of an outage Wednesday morning, according to reports filed on DownDetector.com, which had prompted social media users to cope with memes and panicked comments. forbes.com - 1 week ago
Spotify Is Executing Brilliantly, But The Stock Isn't A Buy Anymore (Rating Downgrade) Spotify's stock has surged 85.1% since my initial “cautious buy” rating, driven by better-than-expected company improvements and strong execution. Despite impressive growth, the reduced margin of safety now requires greater optimism for a favorable valuation, prompting a downgrade to “cautious hold”. Spotify has achieved significant milestones, including a +30% gross margin and +670 million MAUs, through strategic initiatives and cost management. seekingalpha.com - 1 week ago
Spotify Service Disrupted: Music Streamers Reporting Issues The music streaming service is still suffering issues that are making features unavailable to some. cnet.com - 1 week ago
Spotify is down. Company says it is working to fix it Spotify was down Wednesday, with about 50,000 reports of an outage on DownDetector. The company said it was working on a fix but did not provide details about the scope of the outage. cnbc.com - 1 week ago
8. Profile Summary

Spotify Technology S.A. SPOT

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COUNTRY LU
INDUSTRY Internet Content & Information
MARKET CAP $ 119 B
Dividend Yield 0.00%
Description Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. 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 subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
Contact 42-44, avenue de la Gare, Luxembourg City, 1610 https://www.spotify.com
IPO Date April 3, 2018
Employees 7691
Officers Ms. Eve Konstan J.D. General Counsel Mr. Alex Norström Chief Business Officer & Co-President Mr. Christian Luiga Chief Financial Officer Mr. Sven Martin Lorentzon Co-Founder & Director Mr. Daniel G. Ek Founder, Chief Executive Officer & Chairman Ms. Dustee Tucker Jenkins Chief Public Affairs Officer Mr. Bryan Daniel Goldberg Head of Investor Relations Ms. Anna Lundström Chief Human Resources Officer Mr. Gustav Söderström Co-President, Chief Product & Technology Officer