SPOT - Spotify Technology S.A.

NYSE - NYSE Delayed Price. Currency in USD
144.59
-0.26 (-0.18%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close144.85
Open144.00
Bid144.02 x 1400
Ask144.19 x 800
Day's Range141.50 - 145.00
52 Week Range103.29 - 198.99
Volume1,084,955
Avg. Volume1,488,579
Market Cap26.123B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-7.63
Earnings DateJul 24, 2019 - Jul 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est165.97
Trade prices are not sourced from all markets
  • FOMC meeting, Slack IPO — What to know in the week ahead
    Yahoo Finance22 minutes ago

    FOMC meeting, Slack IPO — What to know in the week ahead

    All eyes this week will turn to the Federal Open Market Committee (FOMC) and Slack.

  • Facebook’s cryptocurrency foray leads bitcoin to its best trading stretch in 3 weeks
    MarketWatch17 hours ago

    Facebook’s cryptocurrency foray leads bitcoin to its best trading stretch in 3 weeks

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  • Benzinga2 days ago

    A Closer Look At Dan Loeb's Letter Urging Sony To Reorganize

    Sony is a "one-of-a-kind" company, with exposure to gaming (43% of profits), semiconductors (20%), music (16%) and pictures/movies (8%), the presentation said. The Street isn't giving Sony sufficient credit for growing profits under CEO Kenichiro Yoshida, the presentation said.

  • Barrons.com2 days ago

    Slack Is Going Public as It Tries to Kill Email. The Stock Won’t Be Cheap.

    Slack is hoping to replace email and, so far, it’s succeeding. But private-market investors have already bid up the stock, which limits upside for new investors.

  • Spotify Is Making Many Changes to Accommodate Podcasts
    Market Realist2 days ago

    Spotify Is Making Many Changes to Accommodate Podcasts

    Spotify (SPOT) is serious about podcasts. Earlier this week, it launched a new playlist in the US dubbed “Your Weekly Drive,” which features a mix of music and news podcasts.

  • Spotify outage not related to today's update, company is working on a fix
    TechCrunch3 days ago

    Spotify outage not related to today's update, company is working on a fix

    This morning, Spotify announced the rollout of a redesigned app for its Premium users. The streaming music provider is experiencing an outage today, according to reports from social media and various outage tracking websites, including DownDetector. Spotify had failed to acknowledge the outage on its Spotify Status Twitter account.

  • Spotify redesigns Your Library to highlight podcasts
    Engadget3 days ago

    Spotify redesigns Your Library to highlight podcasts

    Spotify is rolling out a redesign of Your Library for Premium users, giving music and podcasts their own sections. Each has three distinct tabs you can tap or swipe between. In Podcasts, you'll have the option to view new episodes for shows you follow and those you haven't listened to (Episodes) as well as an overview of all the shows to which you're subscribed (Shows). The Downloads tab, unsurprisingly, includes all the episodes you've downloaded for offline listening.

  • Spotify's redesign simplifies navigation and highlights podcasts
    TechCrunch3 days ago

    Spotify's redesign simplifies navigation and highlights podcasts

    Spotify is officially rolling out its redesigned experience which puts agreater emphasis on podcasts

  • Spotify Wants to Make Playlists for Podcasts
    Market Realist3 days ago

    Spotify Wants to Make Playlists for Podcasts

    Spotify (SPOT) said it will be spending $500 million on podcasts this year. The company disclosed earlier this year that it already spent 358 million euros, or roughly $400 million, on acquiring three podcast companies.

  • Spotify launches 'Your Daily Drive,' a personalized playlist that combines music and podcasts
    TechCrunch4 days ago

    Spotify launches 'Your Daily Drive,' a personalized playlist that combines music and podcasts

    Recently, Spotify was spotted testing a new personalized playlist called "YourDaily Drive," that included both music and podcasts

  • Barrons.com5 days ago

    Online Growth is Slowing — and So Is Revenue at the Biggest Internet Companies

    The latest version of the long running internet tracking report notes that 50% of the world is now online.

  • Slack IPO: Should You or Shouldn’t You Invest?
    InvestorPlace5 days ago

    Slack IPO: Should You or Shouldn’t You Invest?

    Slack Technologies is scheduled to do a direct listing on the New York Stock Exchange June 20 under the ticker WORK. Users of its cloud-based workplace messaging app are likely to be interested in the Slack IPO.Source: Shutterstock If you're looking to pick up some Slack stock, here are what I believe to be the pros and cons of owning its shares. The Pros of Owing Slack StockOne of the things that Slack has going for it is its familiarity. I'm no techie, and yet even I've used Slack for some of my writing engagements. InvestorPlace - Stock Market News, Stock Advice & Trading TipsI don't see the big deal about its platform, but given more than 500,000 organizations use Slack's free subscription plan and another 95,000 companies including 65 from the Fortune 100 use its paid subscription, the evidence suggests that it's gained plenty of traction with business people around the world. * 4 Technology Stocks Blasting Higher Amazingly, during a single week in January, more than a billion messages were sent over the Slack platform. Slack's paid subscription charges a monthly or annual fee based on the number of users. In the past three years, annual revenues grew from $105.2 million in fiscal 2017 to $220.5 million in 2018, and $400.6 million in 2019, a compound annual growth rate of 95%. To assess how it's doing with large businesses, Slack keeps track of the number of customers paying more than $100,000 in annual recurring revenue or ARR. As of April 30, it had 645 large customers, which accounted for 43% of its revenue. Two years earlier at the end of fiscal 2017, it had just 135 customers paying more than $100,000 in ARR, a compound annual growth rate of 100.4%. So, it's easy to see that Slack is growing at a fast pace, which is an attractive feature of the Slack IPO.If you're a glass-half-full type of a person it's hard not to consider what would happen were Slack to convert a large chunk of the 500,000 organizations using its free version. The free version is much less robust than the paid subscription, which allows customers to integrate third-party and internally-developed apps on the Slack platform. In fiscal 2019, Slack had calculated billions [revenue plus deferred revenue] of $517.0 million from 88,000 paying customers, an average of $5,875 per customer. Should Slack convert 10% of the 500,000 organizations using its free version, we're looking at an additional $294 million in annual revenue or more than double its calculated billings this past year. Estimates in recent months put Slack's valuation at as high as $17 billion. That's 42 times 2019 revenue. If it adds $294 million in annual revenue from the example above, the company would be worth an additional $12 billion. Any reasonable amount of growth could send Slack shares much higher after listing June 20. The Cons of Buying Slack IPO StockThe three biggest problems I see with Slack's IPO are as follows.It's not raising any proceeds: Like Spotify (NYSE:SPOT), the Slack IPO is merely providing existing investors with a conduit for selling shares -- up to 118.4 million shares according to its amended S-1 -- not issuing new shares to raise additional capital to finance further growth. Of course, when you have more than $800 million in cash and marketable securities and no debt, you don't need to raise new capital. If you bought Spotify IPO shares in April 2018 and are still holding, you've made less than 6% on your investment in 14 months. Is Slack ready to go down the same path?It loses money: Like many of the tech IPOs in 2019, Slack doesn't make money. Over the past three fiscal years, it's lost a total of $447 million from its operations. In the three months ended April 30, it had an operating loss of $38.4 million, 46% higher than a year earlier. As a percentage of revenue, that's an operating margin of -28.5%, down 400 basis points over the previous year. As Slack states in its S-1, it has a history of net losses, operating expenses will increase in the future, and it might not be able to achieve profitability in the future. I fail to see why anyone other than venture capital investors would buy shares in an IPO company that loses money. Yet people do it all the time.It could get stomped on: Lastly, and likely the most significant concern you ought to have with the Slack IPO is Microsoft (NASDAQ:MSFT). If it wants to own the corporate messaging and communications space, it will take it without asking. * 7 Dark Horse Stocks Winning the Race in 2019 While it's possible Microsoft could buy Slack like it did LinkedIn and then integrate it into the company ecosystem, it's just likely that it could develop its own platform using LinkedIn.I guess we will see. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post Slack IPO: Should You or Shouldna€™t You Invest? appeared first on InvestorPlace.

  • Slack non-IPO: 5 things to know about the direct listing
    MarketWatch5 days ago

    Slack non-IPO: 5 things to know about the direct listing

    Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following in its footsteps. The business-chat company filed direct-listing paperwork on Friday.

  • Barrons.com5 days ago

    Apple Music Could Be Worth $20 Billion by Itself, Analyst Says

    (AAPL) Music could be worth more than half of Spotify if Apple is forced to divest it to comply with antitrust-related actions, according to Evercore ISI. Apple stock (ticker: AAPL) was recently up 1.4% to $195.20 as the S&P 500 was up less than 1%. On Tuesday, Evercore ISI analyst Amit Daryanani—who earlier this month started coverage of the tech giant with an Outperform rating and a $205 price target—explored the way litigation or other antitrust actions could affect the company’s services business.

  • Benzinga5 days ago

    Slack To IPO Through Direct Listing On June 20

    Slack Technologies , a provider of a cloud-based workplace messaging app, launched its product in 2013 and plans on list its shares on the New York Stock Exchange on June 20 through a direct listing. The ...

  • What Are the Obamas Bringing to Spotify?
    Market Realist5 days ago

    What Are the Obamas Bringing to Spotify?

    Spotify's Latest: Stations in the US, India Push, and the Obamas(Continued from Prior Part)Spotify lines up $500 million for podcast investments in 2019Spotify (SPOT) has signed former US President Barack Obama and his wife, Michelle, to supply it

  • Spotify Is Banking on Service Localization to Take Over India
    Market Realist6 days ago

    Spotify Is Banking on Service Localization to Take Over India

    Spotify's Latest: Stations in the US, India Push, and the Obamas(Continued from Prior Part)Spotify Lite is optimized for slow connectionsSpotify (SPOT) has introduced Spotify Light, the lightweight version of its main app, in India, according to a

  • Here’s What Hedge Funds Think About Spotify Technology S.A. (SPOT)
    Insider Monkey6 days ago

    Here’s What Hedge Funds Think About Spotify Technology S.A. (SPOT)

    We can judge whether Spotify Technology S.A. (NYSE:SPOT) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best […]

  • Stations App Could Be a Boon for Spotify’s Advertising Business
    Market Realist6 days ago

    Stations App Could Be a Boon for Spotify’s Advertising Business

    Spotify's Latest: Stations in the US, India Push, and the Obamas(Continued from Prior Part)Stations serves ads to free listenersThe Stations app, which recently launched in the US and allows Spotify (SPOT) listeners to create their own radio-like

  • Spotify Introduces a New US Product amid Growing Apple Threat
    Market Realist6 days ago

    Spotify Introduces a New US Product amid Growing Apple Threat

    Spotify's Latest: Stations in the US, India Push, and the ObamasStations offers a radio-like experienceSpotify (SPOT) has introduced a simplified listening app known as Stations in the US. Stations provides a radio-like listening experience by

  • Music to Apple's and Spotify's Ears: Paid Streaming Expected to Skyrocket
    Motley Fool9 days ago

    Music to Apple's and Spotify's Ears: Paid Streaming Expected to Skyrocket

    There could be nearly 1.2 billion paid music-streaming subscriptions by 2030.

  • 10 High-Tech Gifts for Father’s Day 2019
    InvestorPlace9 days ago

    10 High-Tech Gifts for Father’s Day 2019

    If you haven't given much thought to a Father's Day gift yet, it's time to get started. This year, dad's big day falls on Sunday, June 16. That means the countdown is on… * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% Stumped for gift ideas? A turntable is old-school, but cool. On the other hand, traditional gifts like a tie, or a mug, or maybe a pen are old-school but not in a good way. If your dad has a leaning toward high-tech, we've put together a list of 10 Father's Day gift ideas that are sure to make his day.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Father's Day Gift Ideas 2019: Calaway Epic Flash DriverSource: Calaway If dad's a golfer, he'll appreciate the boost his game would get with Calaway's $529.99 Epic Flash Driver.The company says this driver's design is the first to employ artificial intelligence and machine learning, with computers designing 15,000 virtual prototypes before hitting gold. The driver's unique face results in faster ball speed and greater distance, while a sliding weight offers adjustable ball control. Father's Day Gift Ideas 2019: Tivoli Andiamo Bluetooth SpeakerSource: Brad Moon Andiamo is Italian for "let's go" and that's the point behind the Tivioli Andiamo Bluetooth speaker. Dad can take it wherever he wants to listen to music. * 7 Stocks to Buy That Don't Care About Tariffs Despite an affordable $199.99 price tag, the Tivioli Andiamo has a premium look and feel that makes it stand out from most other portable wireless speakers. Instead of a variation on black plastic rectangle, this one is a short cylinder crafted of aluminum with leather trim and handle. It has 20-hour battery life and like all things Tivoli, it offers high quality sound with a touch of warmth. Father's Day Gift Ideas 2019: Kenyon Frontier Portable Electric GrillSource: Kenyon Grilling is one of those traditional dad activities. The Kenyon Frontier Portable Electric Grill adds a whole new element to dad's cooking repertoire.This is an electric grill and thanks to Kenyon's advanced engineering, it doesn't give off smoke. Even when searing meat at temperatures high enough to leave perfect grill marks (yes, I used a Frontier for the photo at the start of this post). That means dad can grill indoors during inclement weather, or take the Frontier outside to use on a balcony. It quickly reaches temperatures as high as 550 degrees, doesn't require air-polluting fuel, and it's easy to clean -- the grill plate and lid can both be tossed in the dishwasher!With prices starting at $895.50 this isn't a cheap grill, but it's incredibly versatile, cleverly designed and constructed with marine-grade stainless steel for long life. Father's Day Gift Ideas 2019: Biolite HeadLamp 330Source: Biolite Every dad needs a good flashlight, but the problem with handheld versions is they require a hand to hold them, making it tough to get effective lighting when working on something. The BioLite HeadLamp 330 is a high-tech solution to hands-free lighting. * 5 Healthcare Stocks to Pick Up From the Wreckage Unlike most head-mounted lights, the $49.95 HeadLamp 330 sits flush on the forehead, so it won't slip. The light is bright at 330 Lumens, and it can tilt down. The headband is moisture-wicking fabric (available in four different colors), battery life ranges from 3.5 hours (high) to 40 hours (low), and it's rechargeable using USB. This is the perfect head light for projects, hiking, camping or for use in power outages. Father's Day Gift Ideas 2019: Yamaha MusicCast VINYL 500 Wi-Fi TurntableSource: Brad Moon Remember earlier when it was mentioned that turntables are old-school but cool? The $699.95 Yamaha MusicCast VINYL 500 Wi-Fi Turntable takes this to another level by mixing in the latest streaming technology.The VINYL 500 can be used as a standard turntable. There's a built-in pre-amp, so it can be connected to virtually any music system. But add a pair of Yamaha's wireless MusicCast speakers, and dad can listen to his records anywhere in the house -- without the compression of Bluetooth. It also supports multi-room audio. The turntable itself also connects to online streaming music services like Spotify (NYSE:SPOT), so it truly becomes the hub of a wireless audio streaming setup. Father's Day Gift Ideas 2019: Denon Envaya DSB-250BTSource: Denon If dad's a bit of a music snob, the $199 Denon Envaya DSB-250BT portable Bluetooth speaker makes a great gift. It doesn't look like anything extraordinary, although it does sport an attractive cloth weave covering over the rubberized black finish. * 10 Stocks to Buy That Could Be Takeover Targets But it's made by Denon and that means impressive sound. When I reviewed it, I was amazed by just how much bass this compact speaker can put out. At 2 x 13W of power, it can get impressively loud as well. And it's also IP67 water resistant, so it can take being dropped in water. Perfect for the back yard, deck, beach, pool or cottage. Father's Day Gift Ideas 2019: Moment Smartphone LensesSource: Moment Moment has built a reputation as the go-to accessory maker if you want to update a smartphone to DSLR-like capabilities. The company makes Photo Cases for popular smartphones including Samsung's Galaxy series and the Apple (NASDAQ:AAPL) iPhone.Some of the cases look pretty cool on their own, but the magic is the lens mounts over the camera cutout. Moment makes a range of different lenses, including telephoto, wide angle, macro and anamorphic option, all using precision optics. Prices vary depending on case type and lens, but the company is currently selling starter sets -- with a Photo Case, Lens, Lens Cap and Lens Pen starting at $149.96 with free delivery. Father's Day Gift Ideas 2019: Leather Coat From The Jacket MakerA leather coat would make a great Father's Day gift, but what makes it high-tech?Source: The Jacket Maker When you order from The Jacket Maker you can choose from hundreds of styles and colors, but from there you can customize the fit so it is absolutely perfect for dad. Even better, you can modify the basic design. The company made me one that included pockets that were specially designed to hold the gadgets I typically carry around, including an iPhone, battery pack and a Moment camera lens. * 3 Earnings Reports to Watch Next Week Prices vary depending on the coat, but I found them competitive with retail stores and shipping is free. Father's Day Gift Ideas 2019: AirThinx IAQ Air Quality MonitorSource: AirThinx The AirThinx AIQ is a great safety feature to have for your home. This professional grade air quality monitor can detect and measure a variety of factors that affect air quality including CO2 levels, humidity, formaldehyde and particulate matter like fungi and pollen. The data can be accessed online or using the AirThinx mobile app. Spikes and patterns in the data can help to pinpoint issues like a furnace in need of maintenance.Buying outright costs $699 plus a $29 monthly fee, but if dad has any concerns about air quality, the peace of mind is likely worth it. And the AirThinx data will help him to track down any issues. Father's Day Gift Ideas 2019: OICA Liddup CoolerSource: Brad Moon Coolers and dads go hand in hand. There's no such thing as a back yard cookout, a beach day or a camping trip without a cooler. Treat dad to an ORCA Liddup cooler and he'll be the envy of whatever event he's attending. * 10 High-Tech Grad Gifts for 2019 The $299.99 ORCA Liddup is no ordinary cooler. This is a premium, rotomolded cooler. It's heavy, solid as a rock and it keeps contents cold for a long time. It can be used as a seat when chairs are in short supply. It's made in the USA -- as you can see from the American flag badging proudly mounted on the front of the cooler. And it's bear-resistant. That's all great, but this is also a high-tech cooler. Open the lid, and LED lights (powered by four AA batteries) illuminate the contents so dad can see what's he's fishing for in the dark without needing a flashlight. Genius.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 10 High-Tech Gifts for Fathera€™s Day 2019 appeared first on InvestorPlace.

  • Financial Times9 days ago

    The strong arm of the major labels

    Out Wednesday was an update to Goldman Sach's 2017 note on the future of the music industry — “Notes in the Air”. It forecasts paid users of streaming services — such as Apple Music and Spotify — to increase to 690m by 2023, and 1.15bn by 2030, 30 per cent about its previous estimates. In a strange way, thanks to being the first clear victim of the digital revolution, the major labels have been able to recover alongside the market, without serious detriment to their competitive positions.

  • Slack's Direct Listing Valuation Is Said to Be Near $17 Billion
    Bloomberg3 days ago

    Slack's Direct Listing Valuation Is Said to Be Near $17 Billion

    Jun.13 -- Slack Technologies Inc. is expected to have a valuation of nearly $17 billion when it issues shares in a direct listing next week. Bloomberg's Sonali Basak reports on "Bloomberg Daybreak: Americas."

  • Getting technical: SPY at critical resistance; Walmart's breakout; on the spot with Spotify
    Yahoo Finance Video10 days ago

    Getting technical: SPY at critical resistance; Walmart's breakout; on the spot with Spotify

    Brian Shannon, CMT and founder of www.alphatrends.net @AlphaTrends joins Yahoo Finance's Myles Udland and Jen Rogers to break down the technicals in the SPDR S&P 500 ETF (SPY) as well as Walmart (WMT and Spotify (SPOT).