SPOT - Spotify Technology S.A.

NYSE - Nasdaq Real Time Price. Currency in USD
140.91
-4.85 (-3.33%)
As of 1:49PM EDT. Market open.
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Previous Close145.76
Open145.38
Bid141.75 x 800
Ask141.85 x 800
Day's Range140.53 - 145.75
52 Week Range103.29 - 196.95
Volume735,720
Avg. Volume1,502,815
Market Cap25.327B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-7.63
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est168.78
Trade prices are not sourced from all markets
  • Spotify matches Apple Music's 3-month trial
    TechCrunch

    Spotify matches Apple Music's 3-month trial

    Spotify's battle with Apple Music is continuing to heat up. On Monday, the company introduced upgrades to its Premium Family plan which now offers parental controls and other exclusive features, like a family playlist. Today, Spotify is going head-to-head with Apple on its free trial offer.

  • Tencent Music shares rally after tariff delays
    Yahoo Finance Video

    Tencent Music shares rally after tariff delays

    Yahoo Finance's Dan Roberts, Scott Gamm, and Anjalee Khemlani discuss the Tencent Music pop after news that President Trump will be delaying promised tariffs on China.

  • Apple Finally Leverages Shazam Tech for Content Discovery
    Motley Fool

    Apple Finally Leverages Shazam Tech for Content Discovery

    The Mac maker needs to catch up to Spotify's Discover Weekly.

  • Financial Times

    FirstFT: Today’s top stories

    on original shows and movies for its new video streaming service that it hopes will challenge the likes of Netflix, Disney and AT&T-owned HBO. The company’s new TV+ service will go live within the next two months, according to people briefed on its plans, in an attempt to pre-empt the launch of Disney Plus, which is scheduled to debut in the US in November. Apple has not yet revealed pricing or other key details for its TV+ subscription service, but said new content would be added every month after the service launches in more than 100 countries.

  • Where Will Spotify Be in 10 Years?
    Motley Fool

    Where Will Spotify Be in 10 Years?

    Management says the company is only in the early phases of its growth.

  • Motley Fool

    Spotify Highlights Growth, Profitability, and Podcasts in Q2

    The company still isn't making money, but it's making progress.

  • What to Expect from Salesforce's (CRM) Q2 Earnings Thursday
    Zacks

    What to Expect from Salesforce's (CRM) Q2 Earnings Thursday

    Salesforce (CRM) stock is up 5.1% YTD, lagging behind the S&P 500???s 14% climb. Shares of Salesforce are also down roughly 14% from their 52-week highs. The customer relationship management firm is set to report its Q2 2020 earnings results after the close on Thursday, August 22.

  • How Disney Plans to Stem Its Disney+ Revenue Leak
    Market Realist

    How Disney Plans to Stem Its Disney+ Revenue Leak

    Disney (DIS) plans to introduce a bundled video package that includes Hulu, ESPN+, and Disney+. DIS plans to address password sharing on these services.

  • 3 Reasons Why Spotify Is Becoming a Great Investment
    Motley Fool

    3 Reasons Why Spotify Is Becoming a Great Investment

    Life as a public company has so far been a rocky one for the audio streaming platform. Since directly listing on the NYSE in April 2018 at $165.90 a share, the stock has had its ups and downs, and is now sitting more than 10% below its opening price.

  • Spotify Family Accounts are getting parental controls
    TechCrunch

    Spotify Family Accounts are getting parental controls

    Want to give your kids access to Spotify, but only the "clean" stuff? It'llbe an option soon

  • Spotify's Unique Podcaster Tools Are a Big Competitive Advantage
    Motley Fool

    Spotify's Unique Podcaster Tools Are a Big Competitive Advantage

    The streaming service's Spotify for Podcasters platform is now open to everyone.

  • Your Spotify Plan Might Get More Expensive
    Motley Fool

    Your Spotify Plan Might Get More Expensive

    The audio streaming company is trying to find a way to increase its average revenue per subscriber.

  • How to Trade Unicorns Before They IPO
    Zacks

    How to Trade Unicorns Before They IPO

    A growing herd of unicorns and their founders and investors are finding liquidity without rushing to IPO

  • Spotify Is About to Test Pricier Plans
    Motley Fool

    Spotify Is About to Test Pricier Plans

    The music-streaming specialist is looking to boost profitability.

  • Elon Musk: Spotify is 'coming' to Tesla vehicles in North America
    TechCrunch

    Elon Musk: Spotify is 'coming' to Tesla vehicles in North America

    Tesla owners in the U.S. and Canada may finally get that free Spotify Premium integration they've been requesting. Tesla CEO Elon Musk tweeted late Wednesday night that Spotify premium integration is "coming." Musk, who has talked about bringing Spotify to owners in North America before, did not provide a timeline. In other words, the music streaming service could be integrated next week or six months from now.

  • Spotify will reportedly test a price hike for its premium service in some markets
    TechCrunch

    Spotify will reportedly test a price hike for its premium service in some markets

    Spotify is set to test a price increase for its family plan, upping the costby around 13% in some Scandinavian markets, Bloomberg reports

  • Spotify to Test a More Expensive Version of Its Popular Music Service
    Bloomberg

    Spotify to Test a More Expensive Version of Its Popular Music Service

    (Bloomberg) -- Spotify Technology SA plans to sell a more-expensive version of its music service in Scandinavia, a test to see whether it can raise prices around the world, according to people familiar with the matter.Spotify will raise the price of its family plan by about 13%, said the people, who asked not to be identified because the increase hasn’t been announced. The test doesn’t mean Spotify will raise prices elsewhere or do so permanently in Scandinavia, they said. The company declined to comment.Raising prices could boost revenue in markets where Spotify already has a strong presence. The company is based in Stockholm, and its music service is the dominant player across Northern Europe. The current family plan costs about $15 a month and lets up to five people use the service. Spotify has also tested a plan called Premium Duo that offers two subscriptions for 12.49 euros ($13.91) a month.Higher prices might help placate music companies, which have complained about falling revenue per user. They’ve previously questioned why Spotify doesn’t use its market-leading position to raise rates. The average price paid by Spotify subscribers has declined for a few years because of discounts to draw in new customers and growing use of family plans.With 108 million paying customers, Spotify is the largest paid music service in the world, and it’s unlikely to surrender that crown any time soon. The company says it’s growing faster than its closest competitor, Apple Music, which also charges $15 a month for a family plan and had about 60 million customers at midyear.But Spotify still loses money. The company has been reluctant to increase prices because it’s still in a growth stage, relying on discounts to keep customers and attract new ones as people become accustomed to streaming on-demand. While the company has grown quickly, only a minority of music listeners around the world have adopted the technology, and Spotify executives have said the addressable market is at least 1 billion people.Biggest MarketsNorth America, Latin America and Europe account for more than 80% of Spotify’s customer base. The company is making a big push in Asia, where it has sold its service at low prices to compete with local players and free alternatives such as YouTube.Spotify is also under pressure from competition. It offers more or less the same product as Apple Inc., YouTube and Amazon.com Inc. -- millions of songs available on-demand, as well as playlists and podcasts.But Apple, YouTube and Amazon don’t need to make money on music. They can use their music services to profitably sell other products, whether it’s iPhones, advertising or toilet paper. Spotify doesn’t have that luxury.To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Pandora opens up podcast submissions to all creators
    TechCrunch

    Pandora opens up podcast submissions to all creators

    The battle for podcasters among music streaming services continues. A day after Spotify announced the launch of its podcast analytics dashboard, Pandora is today expanding its own podcasting efforts with the arrival of a self-service online hub for creators. The new Pandora for Podcasters will allow creators to submit their shows for inclusion on the streaming service, where they can be discovered through Pandora's show and episode-level recommendation system.

  • European Fintechs Escape Troubles Afflicting Established Banks
    Bloomberg

    European Fintechs Escape Troubles Afflicting Established Banks

    (Bloomberg) -- When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders.Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5 billion valuation. European fintech companies raised $3.3 billion in venture capital in the first half of 2019, up from $1.9 billion in the same period last year, according to data compiled by CB Insights. In contrast, an index of European Union banks has dropped 39% the past 18 months.“Investors are drawn to it because it’s the perfect blend of a huge, mature industry which, empowered by technology, can deliver vast returns, far in excess of what you see if you’re starting up out of nowhere,” said Ben Brabyn, chief executive officer of Level39, one of Europe’s largest fintech accelerators, in an interview.Here are a few other recent industry highlights and what to watch out for next.Fintechs Flout Brexit WorriesLondon fintechs defied the Brexit gloom that descended on the the U.K. Transferwise Ltd. announced a funding round in May that valued the eight-year-old company at $3.5 billion, up from $1.6 billion in 2017. A few weeks later, online bank Monzo closed a new funding round doubling the startup’s valuation to more than $2.5 billion. Meantime, Revolut Ltd., while being eyed by regulators for possible compliance lapses, expanded into stock trading. They weren’t all winners: shares of peer-to-peer lender Funding Circle Ltd. have plunged 65% this year.IZettle’s Surprise PayPal SaleIt was the midnight deal that surprised many -- PayPal Holdings Inc. purchased iZettle AB for $2.2 billion in May 2018 the night before the Swedish startup had planned to price its shares in an initial public offering. Stockholm-based iZettle competes with Twitter co-founder Jack Dorsey’s Square Inc., and Canada’s Shopify Inc.Adyen Soars After IPODutch payments processor Adyen NV hit headlines for two reasons last year. First, in February, it was announced the Netherlands-based firm would replace PayPal as EBay Inc.’s global checkout service. Then in June, it held a billion-dollar IPO and saw its shares surge 90% in the first day of trading. The company, whose clients include Netflix Inc. and Spotify Technology SA, is now valued at 20 billion euros ($22.4 billion)Worldpay’s $35.5 Billion DealAs one of the world’s biggest payments firms, Worldpay Inc. handles about $1 trillion annually -- similar to Chase Paymentech. When Fidelity National Information Services Inc. said on July 31 it’d completed its $35.5 billion acquisition of the company, data compiled by Bloomberg showed the combined business will be the world’s biggest in the processing and payments industry. It wasn’t a bad day for Ohio-based Worldpay, which less than two years earlier had been a British enterprise snapped up for 7.7 billion pounds ($9.3 billion) by U.S. merchant acquirer Vantiv.What’s Next?N26, the German mobile bank backed by billionaire Peter Thiel, announced in July it had extended its most recent fundraising round to $470 million, at a valuation of $3.5 billion. The company is expanding from Europe to the U.S., betting it can attract users from established lenders and credit card providers with free accounts, fewer fees and phone alerts.Other companies to watch include Revolut, which despite multiple run-ins with controversy remains exciting to investors after it held one of the biggest fundraising rounds for a European fintech last year, and app-based banks Monzo and Starling, which are attracting customers at a rapid clip.Further down the line is the U.K.’s online lender Zopa Ltd., which its CEO Jaidev Janardana said in July could potentially hold an IPO in 2021.“The valuations are encouraging but they’re not enough. They’re just an early indicator. The important numbers to watch are the customers,” said Brabyn. “We all need to step up to demonstrate the public value of what we do.”To contact the reporter on this story: Ali Ingersoll in London at aingersoll1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Nate Lanxon, James HertlingFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Apple May Allow Spotify to Use Siri for Playback Control
    Market Realist

    Apple May Allow Spotify to Use Siri for Playback Control

    Apple's iPhone users haven’t been able to use Spotify via Siri. However, that may change as the companies are reportedly in talks to allow that capability.

  • TME Is Down as Its Growth Continues to Slow
    Market Realist

    TME Is Down as Its Growth Continues to Slow

    Chinese music streaming giant Tencent Music Entertainment (TME) reported its second-quarter earnings results after the closing bell on August 12.

  • Spotify’s podcast dashboard comes out of beta
    TechCrunch

    Spotify’s podcast dashboard comes out of beta

    Over the last couple of years, Spotify has made a big push into podcasts. The tip of the spear has been major investments, including acquisitions of companies like Gimlet and Anchor. The other great thing about podcasts for a company like Spotify is the access to a tremendous amount of free content created by third-party producers.

  • Financial Times

    Introducing Culture Call, a new FT podcast

    Culture Call is a lively, transatlantic conversation from the Financial Times about the people, events and trends that are shifting culture in London, New York and beyond. It’s hosted by us, Griselda Murray Brown and Lilah Raptopoulos. Gris is the FT’s commissioning arts editor based in London, and Lilah is US head of audience engagement based in New York.