SPOT - Spotify Technology S.A.

NYSE - Nasdaq Real Time Price. Currency in USD
+0.24 (+0.18%)
As of 1:00PM EST. Market open.
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Previous Close134.25
Bid133.37 x 800
Ask133.75 x 900
Day's Range132.58 - 135.30
52 Week Range103.29 - 198.99
Avg. Volume1,805,909
Market Cap24.362B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-7.63
Earnings DateFeb 6, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est176.75
Trade prices are not sourced from all markets
  • Spotify launches Car View on Android to make using its app less dangerous behind the wheel
    TechCrunch52 minutes ago

    Spotify launches Car View on Android to make using its app less dangerous behind the wheel

    Spotify is making it easier to use its streaming app in the car, when the phone is connected to the vehicle over Bluetooth. The company today confirmed the launch of a new feature called "Car View," which is a simplified version of the service's Now Playing screen that includes larger fonts, bigger buttons, and no distractions from album art. In Car View, you're only shown the track title and artist, so you can read the screen with just a glance.

  • Will Pandora Shareholders Back Sale to Sirius?
    Market Realist2 hours ago

    Will Pandora Shareholders Back Sale to Sirius?

    Updates from Online Music and Video Providers: SPOT, P, IQ(Continued from Prior Part)Shareholder vote scheduled Pandora (P) is scheduled to hold a special stakeholder meeting on January 29. The purpose of the meeting is primarily to allow

  • Apple Extends Alliance With Verizon to Boost Music Service
    Zacks2 hours ago

    Apple Extends Alliance With Verizon to Boost Music Service

    Apple (AAPL) expands ties with Verizon by offering its Music service for free to Verizon users availing its top plans.

  • How Spotify Aims to Compete in Podcast Market
    Market Realist3 hours ago

    How Spotify Aims to Compete in Podcast Market

    Updates from Online Music and Video Providers: SPOT, P, IQ(Continued from Prior Part)Spotify pursuing exclusive podcast dealsAs TechCrunch has reported, Spotify (SPOT) wants to focus more of its attention this year on developing its podcast

  • How Spotify Is Preparing for India Launch
    Market Realist5 hours ago

    How Spotify Is Preparing for India Launch

    Updates from Online Music and Video Providers: SPOT, P, IQIt’s almost hereSpotify (SPOT) is preparing to launch in India by the end of January, Variety reported citing people familiar with the company’s plans. While the exact date that Spotify

  • How Netflix’s Rate Hike Could Impact Consumers
    Market Realist20 hours ago

    How Netflix’s Rate Hike Could Impact Consumers

    What's the Potential Impact of Netflix's Subscription Hike?(Continued from Prior Part)Netflix’s hike in the subscription planStreaming king Netflix (NFLX) recently announced that it will hike prices of its monthly subscription plans by 13% to 18%

  • Top IPOs of 2018
    Investopedia21 hours ago

    Top IPOs of 2018

    The number of companies engaged in initial public offerings (IPOs) in the U.S. in 2018 far surpassed rates in 2017 and 2016. The first three quarters of the year brought about 173 IPOs, raisinga combined $45.

  • Spotify Signs Huge Deal with T-Series ahead of India Launch
    Market Realist22 hours ago

    Spotify Signs Huge Deal with T-Series ahead of India Launch

    Tech and Media Updates: Apple, Comcast, Facebook, and Spotify(Continued from Prior Part)Spotify’s streaming service will have access to whole T-Series catalogTop Internet companies have been looking to get a slice of the fast-growing Indian

  • InvestorPlaceyesterday

    Apple Stock Gets a Lift From Verizon Deal to Bundle Apple Music

    Apple (NASDAQ:AAPL) continues to trail Spotify (NYSE:SPOT) as the streaming music services race to add paid subscribers. However, AAPL just got a big boost, at least in the American market. Verizon (NYSE:VZ) announced that an Apple Music subscription will be included for free with several of its premium cellular plans. ### Verizon Expands AAPL Partnership, Offers Free Apple Music for Premium Unlimited Plans On Jan. 15, Verizon announced that it was expanding its partnership with Apple. Starting January 17, customers who subscribe to Verizon's Beyond Unlimited and Above Unlimited cellular plans will get Apple Music bundled with their plan for free. That saves the customer $9.99 monthly compared to paying for the streaming music service from Apple. * Top 10 Global Stock Ideas for 2019 From RBC Capital Customers who subscribe to the less expensive Go Unlimited plan will get a free six month trial of Apple Music -a continuation of a program Verizon launched last August. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### What's In It for Verizon? The appeal for Verizon is a perk that has mass appeal. The company is the largest wireless provider in the U.S., with a narrow lead over AT&T (NYSE:T) -- in Q3, VZ had 153.97 million subscribers compared to the 150.25 million signed up with AT&T. With unlimited data plans sounding largely the same to consumers, bundling a service like Apple Music is a way to stand out from the pack. It also helps Verizon to sell iPhones. Having the AAPL smartphones in its showroom and being able to offer free Apple Music as a bonus could help to move more iPhones off the shelves. T-Mobile (NASDAQ:TMUS) offers free Netflix (NASDAQ:NFLX) with some plans. From the perspective of the network provider, streaming music uses considerably less bandwidth than streaming video. That means less strain on its infrastructure should eligible customers take advantage of their free streaming ability. ### What's In It for Apple? For AAPL, there are three wins here. The first is the potential to sell more iPhones, at least through Verizon. As everyone knows by now, the company is struggling to keep up the pace of iPhone sales that briefly made it the world's first trillion dollar company last year. The second is the prospect of adding more Apple Music subscribers. Since launching in 2015, Apple Music has grown rapidly, but has failed to gain ground on market leader Spotify. Verizon doesn't spike out how many of its customers subscribe to the Beyond Unlimited and Above Unlimited plans, but with nearly 154 million total subscribers there is potential there for Apple Music to snag some significant additional growth. With increased emphasis on Services revenue to take the heat of iPhone sales, that's more important than ever. Of course there's also the risk that some existing Apple Music subscribers will end up being converted to free Verizon users, diluting the overall subscriber base growth potential. Finally, Apple's streaming video service is expected this year. The more subscribers AAPL can hook on Apple Music, the better the odds it can convert them to customers for that video offering as well. ### Who Pays for This? Good question. Neither Apple nor Verizon has come out and said who is actually paying for the "free" Apple Music subscriptions. The most likely arrangement is that AAPL is subsidizing Verizon, offering a discounted rate. However, nothing has been confirmed. The only thing we know for sure is that Beyond Unlimited and Above Unlimited customers won't be footing the bill -- Verizon has not announced any price increases to go along with the perk (although the fine print does note customer are responsible for paying any related taxes). 5G service is beginning to roll out, with the potential to cause churn among wireless carriers as they fight over bragging rights about their next generation coverage. At the same time, companies like Apple are struggling to keep smartphone sales humming. And competition is heating up in the streaming video business, with big new players set to enter the market this year. With so much disruption, look for more of these partnerships in coming months as the various players maneuver for position and look for advantages to lock in customers. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post Apple Stock Gets a Lift From Verizon Deal to Bundle Apple Music appeared first on InvestorPlace.

  • 5 Reasons Why You Need to Buy Facebook Stock At This Price
    InvestorPlace2 days ago

    5 Reasons Why You Need to Buy Facebook Stock At This Price

    Perhaps no other publicly traded company suffered as much ignominy in 2018 as Facebook (NASDAQ:FB). Up until last spring, almost everyone revered FB stock. First and foremost, the social-media firm dominated its core industry. Further, it continued to disrupt its rivals in the space, along with other unrelated ventures. But then the mainstream media reported on the Cambridge Analytica debacle, curbing the momentum in Facebook stock. In a nutshell, FB inadvertently allowed a politically motivated data-research firm to exploit subscriber information without their knowledge. The optics were especially controversial because Cambridge Analytica may have helped President Trump's electoral campaign. Fast forward a few months, and FB stock was back on its record-breaking ways. But that too met an unsightly end. Management released its earnings results for the second quarter, which on paper didn't meet Wall Street's lofty expectations. Shares absorbed an ugly beatdown from which they have yet to recover. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As if things weren't already bad enough, The New York Times brought to the public another embarrassing gaffe. This time, FB may have facilitated major companies such as Netflix (NASDAQ:NFLX), Spotify (NYSE:SPOT), Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN) to breach various privacy protocols. These violations include allowing companies to read private messages. * 10 Growth Stocks With the Future Written All Over Them After multiple controversies and humiliations, it's no surprise that Facebook stock fell in the dumps. Nevertheless, I think contrarians should consider taking a chance on the social-media giant for these five reasons: ### "Ideal" Time to Buy FB Stock When reading about Facebook stock, we're mostly surrounded with negative hyperbole. That's quite understandable considering the circumstances. But from a contrarian perspective, this setting represents the ideal time to pick up shares. I'd approach this situation by asking the opposite question: would you sell FB stock at this time? While that approach is tempting, it may also lead to a big mistake. It's very likely that most, if not all of the bad news is already baked in. Plus, Fortune 500 companies with multi-billion dollar businesses tend to overcome their controversies. My best example is Equifax (NYSE:EFX). In the fall of 2017, EFX stock tumbled when the credit-monitoring agency admitted compromising millions of social security numbers. If any organization deserved indefinite moral outrage, it's Equifax. But discount last year's market meltdown, and you have a tremendously viable controversy play. From trough to peak, EFX gained over 50%. I've used the Equifax argument a few times before because I wrote about the subject. However, other examples of consumer-related controversies exist, including Target's (NYSE:TGT) data breach. Home Depot (NYSE:HD) suffered a similar breach. In both cases, their respective stocks eventually moved higher from the controversy. ### Controversies Have a Lesser Impact on Facebook Stock When the Cambridge Analytica story made headlines, the fallout hurt Facebook stock. After trudging largely sideways in the first few months of 2018, shares took a decidedly negative trajectory around mid-March. Shares lost about 16% before climbing back up. After the "disappointing" results from its Q2 earnings report, FB stock took an uppercut to the chin. In one fell swoop, the once-universally loved social-media firm dropped 19%. Worse yet, it sparked a string of bearishness from which the bulls have not effectively responded. So when Facebook was hit with another controversy -- this time, the not-so-private messages debacle -- it was old news. In my opinion, the American public grew tired about hearing the same old thing. They got the message: Facebook is a controversial company. That's not to say that Wall Street didn't punish the organization because they did. However, the magnitude was yawn-inspiring. The day after the NYT expose, Facebook stock slipped over 7%. Looking at the incident's peak-to-trough metric, shares lost almost 14%. * 10 Companies That Could Post Decelerating Profits But the company has already recovered those losses. That tells me that the bad news is baked in. More importantly, investors are ready to hear a new (bullish) narrative. ### FB Is Extremely Undervalued When I invest, I avoid focusing on any one metric. Due to the dynamic investment sector, as well as the legal games that management can play with their books, certain fundamental indicators are vulnerable to misinterpretation. One of those is the price-to-earnings ratio. Often times, you'll hear inexperienced investors talk about a low P/E ratio being "good," and a high P/E being "bad." At the end of the day, these are just accounting terms. They don't have moral postures, nor do they necessarily imply an accurate assessment. For instance, a low P/E suggests that a company is undervalued. But it could also mean that the company's business stinks, and therefore, it can't attract investors at any price. On the flipside, a high P/E doesn't always mean overvalued. For instance, a high-flying tech firm may lever an innovative product. Investors see the potential, and are willing to pay a rich premium against its earnings. What we have with FB stock is a dominant organization that fell under hard times. Admittedly, management brought the troubles to themselves. However, it has a fairly straightforward path to redemption. Look, Equifax compromised most of today's working Americans for the rest of their lives! Unlike credit cards, the process for getting a new social security number is complex. If people can forgive the unforgivable, they can certainly give a pass to FB stock. ### Facebook Enjoys the Credibility Factor Usually, social-media platforms cater toward a specific audience. For example, Snap (NYSE:SNAP) tilts significantly toward the youth demographic. Twitter (NYSE:TWTR) appeals to celebrities, businesses and the most-important office in the world. But the beauty of Facebook is that the platform covers all angles. If you're on social media, this is the one account you must create. Whether you're an individual, a non-profit organization or the White House, almost everybody has a Facebook account. This advantage lends unprecedented credibility for FB stock. Thanks to its two-billion plus subscribers, management doesn't need to impress anyone. The harsh reality is that if you want anything done, Facebook represents your best bet. Therefore, you can expect the advertising dollars to continue rolling in. * 7 Media Stocks That Make Prime M&A Targets Moreover, the company is not going to lose this critical moat. As we shift further away from analog mechanisms, FB has increased its relevancy. For instance, if I want to find out more about an event or organization, I'll peruse Facebook. This is their public face, so it's sure to contain updates and pertinent information. ### It's the Ultimate Disruptor Many people add to their Amazon holdings because the e-commerce giant is relentless. They don't want to merely dominate their own industry. Increasingly, and to the annoyance of soon-to-be competitors, Amazon has targeted other sectors. So if it's disruption that you love, you should really check out FB stock. Within social media, management has addressed its youth vulnerability through its Instagram acquisition. The photo-sharing app has spiked in popularity, and is biting into Snapchat's market share. Another opportunity is in sports streaming. Several contenders have thrown their names into the arena, but Facebook again has the most credibility. Because it has such a massive global reach, management can stream multiple sports leagues for various regional markets. Last summer, Facebook bought the rights to stream La Liga football (soccer) games in India and several neighboring countries. The move makes perfect sense. Just in India alone, Facebook levers 270 million users. That's more subs than Snap has globally. The bottom line: Facebook owns social media. Now, it's ready to disrupt and dominate other markets. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post 5 Reasons Why You Need to Buy Facebook Stock At This Price appeared first on InvestorPlace.

  • Benzinga2 days ago

    Evercore: Spotify's Risk-Reward Profile Makes Bull Thesis 'Difficult' To Justify

    Ongoing concerns surrounding competition, pricing power and content costs are likely to ease as Spotify approaches its Q4 print, DiClemente said in the note. Spotify may have benefited in Q4 from a weaker euro, although any benefits may be countered by growth in lower-priced regions, DiClemente said. Despite a certain degree of caution heading into Spotify's print, the company should show growth levels that are sufficient to support the view that it retains a "leading position in a large and growing" in the music space, according to Evercore.

  • Many people have no idea (or care) how much they pay for Netflix
    CNBC2 days ago

    Many people have no idea (or care) how much they pay for Netflix

    About 84 percent of consumers underestimate what they spend on subscription services, like Netflix, Spotify and Amazon Prime, according to one report.

  • Jay-Z’s ‘Lemonade’ Probe Asks Bigger Question
    Bloomberg2 days ago

    Jay-Z’s ‘Lemonade’ Probe Asks Bigger Question

    Facebook Inc. and Twitter Inc. have faced similar accusations of fake accounts and questionable video viewing data. Jay-Z bought its parent firm, Aspiro, in 2015 from Norwegian media company Schibsted ASA. The hip-hop artist’s aspiration was to create an alternative to the industry leader, Sweden’s Spotify Technology SA, with better audio quality and higher royalties to musicians.

  • ACCESSWIRE2 days ago

    Today's Research Reports on Trending Tickers: Spotify Technology and Groupon

    NEW YORK, NY / ACCESSWIRE / January 15, 2019 / Wall Street extended losses on Monday as concerns of a global economic slowdown were reignited on weaker-than-expected economic data from China. In December, ...

  • Is Apple (AAPL) Stock Undervalued Based on Services, Non-iPhone Growth?
    Zacks3 days ago

    Is Apple (AAPL) Stock Undervalued Based on Services, Non-iPhone Growth?

    CEO Tim Cook has talked up the company's non-iPhone divisions in an effort to restore investor confidence. Still, Apple's services unit could be headed for a slowdown in Q4. But does this mean investors should run away from Apple stock?

  • Spotify should focus on podcasts, Morgan Stanley says
    Yahoo Finance3 days ago

    Spotify should focus on podcasts, Morgan Stanley says

    Spotify users consume more podcasts than other groups. Yet Apple's podcasts remain more popular.

  • Spotify Scores Major Licensing Deal Ahead of India Launch
    Motley Fool3 days ago

    Spotify Scores Major Licensing Deal Ahead of India Launch

    The Swedish music streamer partners with India's biggest record label.

  • Spotify strikes deal with India's largest record label
    Engadget3 days ago

    Spotify strikes deal with India's largest record label

    Spotify and T-Series, India's largest music record label and film production company, announced a new content agreement that will bring a huge library of Indian music to the streaming platform, according to Variety. The agreement between Spotify and T-Series moves the streaming service closer to a proper launch in India. Spotify has been targeting a release within the country for months but has run into some obstacles, including beef with record labels.

  • Facebook Is Being Sued Over Its Portal Brand
    Market Realist3 days ago

    Facebook Is Being Sued Over Its Portal Brand

    The Latest News from Facebook: Can It Rise Over 20% in 2019? (Continued from Prior Part) ## Startup claims trademark infringement According to Reuters, Facebook (FB) has been hit with a trademark infringement lawsuit over its use of the Portal brand. The lawsuit was filed in Manhattan by a New York startup called Mass Lab, which built a video-sharing app called Portal. In October 2018, Facebook launched a hardware product called Portal, which it’s promoting as a video-calling device. Portal is available in two versions with a starting price of $200. The high-end version costs $350. In addition to making video calls, owners of Portal can use it to stream music from providers such as Pandora (P) and Spotify (SPOT). ## A $23.3 billion revenue opportunity With Portal, Facebook is viewed as pursuing revenue in the smart speaker market, which Allied Market Research estimates will be worth more than $23.3 billion by 2025. The market was estimated to be worth $4.4 billion in 2017. Besides Facebook, the other companies pursuing smart speaker revenue are Amazon (AMZN), Google (GOOGL), Alibaba (BABA), and Baidu (BIDU). Amazon is currently the world’s top smart speaker company, holding a 31.6% share of the market in the third quarter of 2018, according to data from Strategy Analytics. Google, Alibaba, and Baidu held shares of 22.7%, 9.5%, and 8.4%, respectively, in the global smart speaker market in the third quarter. ## Portal opens up another source of revenue In addition to being an extra source of revenue, Portal is also viewed as important to Facebook’s efforts to diversify its revenue sources, as the company currently depends on advertising for the vast majority of its revenue. The trademark infringement lawsuit could affect Facebook’s plans for Portal, so it will be interesting to see how the company handles the dispute. Continue to Next Part Browse this series on Market Realist: * Part 1 - Did Facebook Break Vietnam’s Cybersecurity Law? * Part 2 - Why the Vietnamese Market Is Important for Facebook * Part 3 - A Look at Facebook’s Efforts to Avoid Controversies

  • Apple to Make its Foray Into Smart Speaker Market in China
    Zacks3 days ago

    Apple to Make its Foray Into Smart Speaker Market in China

    Apple (AAPL) confirms its entry into the Chinese smart speaker market and announces availability of the same from Jan 18 in China and Hong Kong.

  • Spotify and India's T-Series ink a global content deal for over 160,000 songs
    TechCrunch3 days ago

    Spotify and India's T-Series ink a global content deal for over 160,000 songs

    Ahead of Spotify's entry into the Indian market, the streaming service this morning announced a global content deal with a leading Indian film and music company, T-Series, which gives it access to T-Series' entire Indian song catalog. This includes Bollywood and regional movie soundtracks, plus other non-film albums and emerging artist content, the company says. In total the catalog boasts over 160,000 songs, and is available to Spotify listeners as of today.

  • Slack plans to go public, with an unusual twist
    American City Business Journals3 days ago

    Slack plans to go public, with an unusual twist

    The move would make Slack only the second major tech company to circumvent a traditional IPO listing — following Spotify's public debut on the New York Stock Exchange last April.

  • Morgan Stanley reaffirms Spotify's overweight rating
    Yahoo Finance Video3 days ago

    Morgan Stanley reaffirms Spotify's overweight rating

    Spotify has been drubbed since their market debut in in April. But analysts at Morgan Stanley on Monday backed up their overweight rating and $170 price target on the stock, citing recent survey data that backs up Spotify's strong position in the US market. Yahoo Finance's Ethan Wolff-Mann and Myles Udland discuss.