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Spotify Technology S.A. (SPOT)

Communication Services | Internet Content & Information | Stockholm, Sweden | NYSE
547.51 USD +20.26 (3.843%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 546.54 -0.97 (-0.966%) ⇩ (Aug. 28, 2026, 7:57 p.m. EDT)

Short-term:★★★★☆Long-term:★★★★⯪Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:44 a.m. EDT

The core investment thesis rests on Spotify's exceptional business quality, highlighted by a 44 percent return on equity and a fortress balance sheet with minimal debt. While the trailing twelve-month revenue growth sits just below the 15 percent threshold required for a top-tier rating, the multi-year trajectory demonstrates explosive expansion with no recent structural decline. Short-term momentum is constructive, trading above key moving averages and backed by aggressive call buying, though a statistical model flags a slight negative bias for the immediate horizon. There is no dividend income to offset the high valuation multiples. Investors should view this as a high-conviction growth play where the price has pulled back from recent highs, creating a potential entry point despite the conflicting short-term statistical signal.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.028922
AutoETS0.028923
AutoTheta0.029029
MSTL0.036247

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 58%
H-stat 0.50
Ljung-Box p 0.000
Jarque-Bera p 0.962
Excess Kurtosis 0.20
Attribute Value
Sector Communication Services
Debt to Equity Ratio 5.558
Revenue per Share 88.007
Market Cap 112,579,043,328
Trailing P/E 29.50
Forward P/E 30.29
Beta 1.58
Profit Margins 18.43%
Website https://www.spotify.com

As of Aug. 22, 2026, 5:44 a.m. EDT: Speculators are aggressively positioning for upside, evidenced by heavy call volume at strikes ranging from 570 to 800, while put activity remains lower relative to the upside bets. Implied volatility is elevated, reflecting anticipation of earnings. The options flow suggests a bullish bias targeting a higher price range despite the current discount from the 52-week high.


Info Dump

Attribute Value
52 Week Change -0.23544848
Address1 Regeringsgatan 19
All Time High 785.0
All Time Low 69.285
Ask 547.69
Ask Size 40
Audit Risk 1
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,751,920
Average Daily Volume3 Month 1,831,753
Average Volume 1,831,753
Average Volume10Days 1,751,920
Beta 1.581
Bid 548.37
Bid Size 280
Board Risk 9
Book Value 47.64294
City Stockholm
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country Sweden
Crypto Tradeable 0
Currency USD
Current Price 547.51
Current Ratio 2.112
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 553.2899
Day Low 530.0
Debt To Equity 5.558
Display Name Spotify Technology
Earnings Call Timestamp End 1,785,844,800
Earnings Call Timestamp Start 1,785,844,800
Earnings Timestamp 1,785,846,600
Earnings Timestamp End 1,793,709,000
Earnings Timestamp Start 1,793,709,000
Ebitda 2,683,000,064
Ebitda Margins 0.14813
Enterprise To Ebitda 39.523
Enterprise To Revenue 5.854
Enterprise Value 106,040,410,112
Eps Current Year 12.28682
Eps Forward 18.075165
Eps Trailing Twelve Months 18.56
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 491.3448
Fifty Day Average Change 56.165222
Fifty Day Average Change Percent 0.114309184
Fifty Two Week Change Percent -23.544847
Fifty Two Week High 745.0
Fifty Two Week High Change -197.48999
Fifty Two Week High Change Percent -0.26508725
Fifty Two Week Low 405.0
Fifty Two Week Low Change 142.51001
Fifty Two Week Low Change Percent 0.35187656
Fifty Two Week Range 405.0 - 745.0
Financial Currency EUR
First Trade Date Milliseconds 1,522,762,200,000
Float Shares 157,074,556
Forward Eps 18.075165
Forward P E 30.290733
Free Cashflow 1,541,374,976
Full Exchange Name NYSE
Full Time Employees 7,000
Fullday Change 20.26
Fullday Change Percent 3.84258
Fullday Price 546.5442
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.32766998
Gross Profits 5,935,000,064
Has Pre Post Market Data 1
Held Percent Insiders 0.23457001
Held Percent Institutions 0.69163
Implied Shares Outstanding 205,620,061
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
Long Name Spotify Technology S.A.
Market us_market
Market Cap 112,579,043,328
Market State CLOSED
Max Age 86,400
Message Board Id finmb_225595077
Most Recent Quarter 1,782,777,600
Net Income To Common 3,339,000,064
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 108,394,272,086
Number Of Analyst Opinions 39
Open 532.41
Operating Cashflow 3,336,999,936
Operating Margins 0.13712
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 1.98
Post Market Change -0.9658203
Post Market Change Percent -0.17640232
Post Market Price 546.5442
Post Market Time 1,787,961,477
Previous Close 527.25
Price Eps Current Year 44.560757
Price Hint 2
Price To Book 11.491944
Price To Sales Trailing12 Months 6.2153726
Profit Margins 0.18434
Quick Ratio 1.599
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.56098
Region US
Regular Market Change 20.26
Regular Market Change Percent 3.84258
Regular Market Day High 553.2899
Regular Market Day Low 530.0
Regular Market Day Range 530.0 - 553.2899
Regular Market Open 532.41
Regular Market Previous Close 527.25
Regular Market Price 547.51
Regular Market Time 1,787,947,203
Regular Market Volume 1,386,076
Return On Assets 0.12186
Return On Equity 0.44484
Revenue Growth 0.139
Revenue Per Share 88.007
Sand P52 Week Change 0.20504117
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 5
Shares Outstanding 205,620,061
Shares Percent Shares Out 0.024
Shares Short 4,928,432
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 6,561,019
Short Name Spotify Technology S.A.
Short Percent Of Float 0.0312
Short Ratio 2.56
Source Interval 15
Symbol SPOT
Target High Price 724.4219
Target Low Price 422.5794
Target Mean Price 610.29456
Target Median Price 604.86914
Total Cash 6,984,999,936
Total Cash Per Share 33.976
Total Debt 466,000,000
Total Revenue 18,112,999,424
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 18.56
Trailing P E 29.499462
Trailing Peg Ratio 1.8854
Triggerable 1
Two Hundred Day Average 509.9262
Two Hundred Day Average Change 37.5838
Two Hundred Day Average Change Percent 0.07370439
Type Disp Equity
Volume 1,386,076
Website https://www.spotify.com
Zip 111 53