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Spotify Technology S.A. (SPOT)

Communication Services | Internet Content & Information | Stockholm, Sweden | NYSE
479.84 USD +0.07 (0.015%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★★⯪Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:23 a.m. EDT

Spotify presents a compelling long-term case anchored by a fortress balance sheet and exceptional capital efficiency, boasting a 38% return on equity and a net cash position that insulates it from debt risks. While the trailing P/E of 33x reflects high expectations, the forward multiple compresses to 26x, and the seven-year price trajectory confirms a robust +289% gain without recent structural decline. However, the short-term outlook remains conflicted; the stock trades below its 200-day average, and the statistical forecast leans slightly negative, while options flow reveals a tug-of-war between buyers betting on a recovery and sellers purchasing deep downside protection. Investors should view this as a high-conviction long-term hold, but expect continued volatility in the near term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_97 ✓0.056547
MSTL_97_1260.067233
MSTL_1260.069342
MSTL0.081453
AutoARIMA0.082000
AutoETS0.084606
AutoTheta0.104986

Forecast horizon: 60 days | Selected: MSTL_97

Forecast Reliability
Score 45%
H-stat 0.20
Ljung-Box p 0.000
Jarque-Bera p 0.099
Excess Kurtosis -1.36
Attribute Value
Sector Communication Services
Debt to Equity Ratio 5.943
Revenue per Share 85.206
Market Cap 98,664,734,720
Trailing P/E 32.69
Forward P/E 26.57
Beta 1.56
Profit Margins 15.45%
Website https://www.spotify.com

As of July 11, 2026, 3:23 a.m. EDT: Implied volatility is elevated across expirations, with ATM IV ranging from 47% to 60%. Call open interest is heavily skewed toward strikes above the current price (510–600), indicating bullish positioning for a rebound. Conversely, put open interest clusters near the money (460–480) and deep out-of-the-money strikes (280–300), suggesting significant hedging activity against a potential downside gap. Unusual volume spikes appear in both deep OTM puts and far OTM calls, reflecting a 'buy the dip' strategy mixed with insurance purchases.


Info Dump

Attribute Value
52 Week Change -0.33132172
Address1 Regeringsgatan 19
All Time High 785.0
All Time Low 69.285
Ask 0.0
Ask Size 80
Audit Risk 1
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,668,160
Average Daily Volume3 Month 2,178,167
Average Volume 2,178,167
Average Volume10Days 1,668,160
Beta 1.564
Bid 0.0
Bid Size 40
Board Risk 9
Book Value 44.361954
City Stockholm
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country Sweden
Crypto Tradeable 0
Currency USD
Current Price 479.84
Current Ratio 2.06
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 491.18
Day Low 476.74
Debt To Equity 5.943
Display Name Spotify Technology
Earnings Call Timestamp End 1,785,873,600
Earnings Call Timestamp Start 1,785,873,600
Earnings Growth 2.224
Earnings Quarterly Growth 2.204
Earnings Timestamp 1,785,846,600
Earnings Timestamp End 1,785,846,600
Earnings Timestamp Start 1,785,846,600
Ebitda 2,446,000,128
Ebitda Margins 0.13954
Enterprise To Ebitda 37.959
Enterprise To Revenue 5.297
Enterprise Value 92,847,726,592
Eps Current Year 12.80471
Eps Forward 18.062273
Eps Trailing Twelve Months 14.68
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 468.182
Fifty Day Average Change 11.6579895
Fifty Day Average Change Percent 0.02490055
Fifty Two Week Change Percent -33.13217
Fifty Two Week High 748.3
Fifty Two Week High Change -268.46
Fifty Two Week High Change Percent -0.35875985
Fifty Two Week Low 405.0
Fifty Two Week Low Change 74.84
Fifty Two Week Low Change Percent 0.18479012
Fifty Two Week Range 405.0 - 748.3
Financial Currency EUR
First Trade Date Milliseconds 1,522,762,200,000
Float Shares 157,130,738
Forward Eps 18.062273
Forward P E 26.56587
Free Cashflow 707,750,016
Full Exchange Name NYSE
Full Time Employees 7,258
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.32318002
Gross Profits 5,664,999,936
Has Pre Post Market Data 1
Held Percent Insiders 0.23448999
Held Percent Institutions 0.68834996
Implied Shares Outstanding 205,620,061
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Is Earnings Date Estimate 0
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 98,664,734,720
Market State PRE
Max Age 86,400
Message Board Id finmb_225595077
Most Recent Quarter 1,774,915,200
Net Income To Common 2,708,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 98,650,336,665
Number Of Analyst Opinions 38
Open 486.97
Operating Cashflow 3,230,000,128
Operating Margins 0.15773
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 1.65
Pre Market Change 0.22000122
Pre Market Change Percent 0.045854606
Pre Market Price 480.0
Pre Market Time 1,784,016,063
Previous Close 479.77
Price Eps Current Year 37.47371
Price Hint 2
Price To Book 10.816476
Price To Sales Trailing12 Months 5.6286573
Profit Margins 0.15449001
Quick Ratio 1.508
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.575
Region US
Regular Market Change 0.0700073
Regular Market Change Percent 0.0145919
Regular Market Day High 491.18
Regular Market Day Low 476.74
Regular Market Day Range 476.74 - 491.18
Regular Market Open 486.97
Regular Market Previous Close 479.77
Regular Market Price 479.84
Regular Market Time 1,783,972,803
Regular Market Volume 951,535
Return On Assets 0.116409995
Return On Equity 0.37987998
Revenue Growth 0.082
Revenue Per Share 85.206
Sand P52 Week Change 0.20847368
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 6
Shares Outstanding 205,620,061
Shares Percent Shares Out 0.0306
Shares Short 6,297,025
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 7,106,085
Short Name Spotify Technology S.A.
Short Percent Of Float 0.0399
Short Ratio 3.39
Source Interval 15
Symbol SPOT
Target High Price 707.52527
Target Low Price 389.37646
Target Mean Price 596.69904
Target Median Price 599.64716
Total Cash 6,293,000,192
Total Cash Per Share 30.605
Total Debt 476,000,000
Total Revenue 17,528,999,936
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 14.68
Trailing P E 32.68665
Trailing Peg Ratio 1.6522
Triggerable 1
Two Hundred Day Average 539.2355
Two Hundred Day Average Change -59.395477
Two Hundred Day Average Change Percent -0.11014757
Type Disp Equity
Volume 951,535
Website https://www.spotify.com
Zip 111 53