Spotify (SPOT) Stock Price
$686.7 0%
to add to portfolio
AI Score
-
Alternative
5 -
Fundamental
8 -
Technical
6
Our AI score evaluates a company's performance on a scale from 0 to 10 by analyzing alternative data points — web traffic, app downloads, job postings, etc - along with financial health and technical signals. Scores below 4 project bearish performance, while scores above 6 project bullish performance.
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SPOT AI Stock Analysis
Financial Performance
Spotify's recent financial performance shows mixed results. The company reported a quarterly revenue of $4.2B, which is down by -1.2% from the previous quarter. Their gross profit was also down by -3.1%, standing at $1.3B. However, their operating income showed significant growth with a rise of 6.7% from the previous quarter and an impressive 91.4% year over year to reach $509M. This indicates that while Spotify's top line has been shrinking slightly, it has managed to significantly increase its profitability.
Stock Price
The stock price currently stands at $725.05, up by 2% in the last month and a substantial 130.3% year over year showing strong investor confidence in the stock despite some fluctuations in revenues and profits for the recent quarters.The RSI value is currently at a neutral position of 51.2 suggesting neither overbought nor oversold conditions.The stock's robust upward trend is further confirmed by its 200-day moving average of $532.52 which is well below current levels indicating bullish sentiment.
Alternative Data Signals
Alternative data signals show promising trends for Spotify's business operations as well as investor sentiment towards the stock.Spotify's web traffic has increased both month over month and year over year indicating growing user engagement with their platform.Their mobile apps are being downloaded at an astounding rate indicating high demand for their service.Job openings have decreased which could suggest efficiency improvements or cost cutting measures.Employees seem optimistic about Spotify’s future with a positive business outlook reported by an estimated 71%.Their social media following across major platforms like Twitter, Instagram, TikTok, Facebook has seen significant growth, which is a positive indicator of brand popularity and customer engagement.
Conclusion
In conclusion, despite some recent fluctuations in Spotify's financial performance, the stock shows strong potential with substantial year over year growth, increased user engagement and popularity as well as positive sentiment from employees. Therefore, our AI stock analysis indicates a bullish outlook for Spotify's stock.
Note: This AI Stock Analysis is based on data as of July 04. Our members can refresh and get access to an up-to-date AI stock analysis.
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Spotify (SPOT) Price Prediction
Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Spotify (SPOT), currently trading at $686.7, will... Sign up to access price prediction.
Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.
About SPOT
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Spotify Technology S.
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Symbol
SPOT
-
Market
NYSE
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Industry
Internet Content & Information
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Market Cap
139.5B
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News
SPOT Alternative Data
Web Traffic
Spotify receives an estimated 493.3M monthly visitors to spotify.com.
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Web Traffic
493326349
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Change from Previous Month
3.6%
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3 Month Change
0.5%
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YoY Change
0.5%
Twitter Followers
Spotify has 19,325,374 Twitter Followers on its main Twitter (also known as X) account, which is down by -0.1% over the last month.
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Twitter Followers
19325374
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Daily Change
0%
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1 Month Change
0.1%
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3 Month Change
1.1%
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YoY Change
1.1%
TikTok Followers
Spotify has 4,000,000 TikTok Followers on its main TikTok account, up by 2.6% over the last month.
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TikTok Followers
4000000
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Daily Change
0%
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1 Month Change
2.6%
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3 Month Change
5.3%
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YoY Change
5.3%
Facebook Engagement
Spotify has engaged 1,100 users via their Facebook Page over the last 7 days.
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Facebook Engagement
1100
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Daily Change
6.5%
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1 Month Change
38%
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3 Month Change
19.6%
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YoY Change
19.6%
Instagram Followers
Spotify has 13,389,392 Instagram Followers on its main Instagram account, up by 0.6% over the last month.
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Instagram Followers
13389392
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Daily Change
0%
-
1 Month Change
0.6%
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3 Month Change
2.6%
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YoY Change
2.6%
Youtube Subscribers
Spotify has 2,060,000 subscribers on its main Youtube channel, up by 0.5% over the last month.
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Youtube Subscribers
2060000
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Daily Change
0%
-
1 Month Change
0.5%
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3 Month Change
1.5%
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YoY Change
1.5%
LinkedIn Followers
4,252,549 are following Spotify on LinkedIn, up by 1.5% over the last month.
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LinkedIn Followers
4252549
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Daily Change
0%
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1 Month Change
1.5%
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3 Month Change
3.1%
Job Postings
Spotify currenly has an estimated 106 open job postings, up by 21.8% over the last month.
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Job Postings
106
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Daily Change
1.9%
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1 Month Change
21.8%
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3 Month Change
16.5%
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YoY Change
16.5%
LinkedIn Employees
According to LinkedIn, Spotify has 17,003 employees, up by 1.3% over the last month.
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LinkedIn Employees
17003
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Daily Change
0%
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1 Month Change
1.3%
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3 Month Change
4.7%
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YoY Change
4.7%
Reddit Mentions
Spotify has been mentioned an estimated 2 times in investment subreddits on Reddit over the last 24 hours.
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Reddit Mentions
2
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Daily Change
87.5%
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1 Month Change
33.3%
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3 Month Change
87.5%
Reddit Sentiment
The sentiment Score for Spotify is 84 out of 100, which represents a bullish sentiment.
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Reddit Sentiment
83.5455
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Daily Change
4.4%
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1 Month Change
5.9%
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3 Month Change
9.1%
App Downloads
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App Downloads
4510519
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Daily Change
74.3%
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1 Month Change
75.8%
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3 Month Change
74.1%
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YoY Change
74.1%
Business Outlook
According to employee reviews, the business outlook among employees at Spotify is 73 out of 100 (bullish), up by 1.4% over the last month.
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Business Outlook
73
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Change from Previous Month
1.4%
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3 Month Change
7.4%
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YoY Change
7.4%
News Mentions
Spotify was mentioned 142 times in the news yesterday.
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News Mentions
142
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Daily Change
10.7%
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1 Month Change
0%
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3 Month Change
0%
SPOT Financials
SPOT Key Metrics
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Total Revenue
€4.2B
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Net Income
€225M
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Earnings per Share
€1.1
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Free cash flow
€533M
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EBITDA
€363M
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EBITDA Ratio
0.0866348
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Total Assets
€12.7B
SPOT 2-year Revenue & Income
SPOT 2-year Free Cash Flow
SPOT Technicals
SPOT SMA
SPOT RSI
FAQ
What's the current price of Spotify (SPOT) Stock?
The price of an Spotify (SPOT) share is $686.7.
What's the market cap of Spotify?
The current market cap of Spotify is 139.5B.
Should I buy or sell SPOT?
Multiple alternative data signals suggest that Spotify stock could offer a buying opportunity at its current level, with a reasonable expectation for positive performance in the mid term.
Is Spotify a good investment?
Based on an in-depth analysis that encompasses fundamentals, technical analysis, and alternative data insights, it appears to be a favorable time to consider investing in Spotify stock. The bullish indicators suggest that Spotify's growth prospects and market position may lead to a positive performance in the foreseeable future.
Is now a good time to buy Spotify (SPOT) Stock?
Based on an analysis that includes fundamentals, technical analysis, and alternative data insights, it could be a favorable time to consider buying Spotify stock, given the bullish outlook.
What are some stocks similar to Spotify (SPOT) that investors often compare it to?
Spotify (SPOT) is often compared to similar stocks such as Yelp, Twilio, Snap, Pinterest and Fiverr.
What is the forecast for Spotify's stock price in 2026?
Using a mix of financial analysis, technical indicators, and alternative data, we forecast Spotify's stock price to be around $730.8 in 2026. Starting from the current price of $686.7, this represents a 6.4% change in price, indicating a bullish outlook for the stock.
How to buy Spotify (SPOT) Stock?
Spotify stock is available for purchase through numerous brokerage firms, including online platforms. Investors can also buy Spotify shares via trading apps on their smartphones or by utilizing services like robo-advisors for automated investing.