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Spotify Technology S.A.NYSE:SPOT Rapporto sulle azioni

Cap. di mercato US$106.0b
Prezzo delle azioni
US$514.94
Non disponibile
1Y-15.3%
7D5.0%
Valore del portafoglio
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Spotify Technology S.A.

Report azionario NYSE:SPOT

Capitalizzazione di mercato: US$106.0b

Spotify Technology (SPOT) Panoramica del titolo

Spotify Technology S.A., insieme alle sue controllate, fornisce servizi di streaming audio in abbonamento in tutto il mondo. Maggiori dettagli

SPOT analisi fondamentale
Punteggio fiocco di neve
Valutazione4/6
Crescita futura4/6
Prestazioni passate6/6
Salute finanziaria5/6
Dividendi0/6

Premi

Negoziato a 29.9% al di sotto della nostra stima del suo valore equo

Si prevede che gli utili cresceranno del 16.17% all'anno

Gli utili sono cresciuti del 94.4% nell'ultimo anno

Gli analisti concordano sul fatto che il prezzo delle azioni salirà di 26.1%

Analisi del rischio

Non sono stati rilevati rischi per SPOT dai nostri controlli di rischio.

SPOT Community Fair Values

Create Narrative

See what 421 others think this stock is worth. Follow their fair value or set your own to get alerts.

SPOT logo
Spotify Technology

SPOT: Upcoming Price Increases And Product Changes Will Drive Future Upside

Key Takeaways Expanding into new content verticals and enhanced personalization are increasing user engagement, reducing churn, and supporting higher revenue per user and improved margins. Investments in ad technology, generative AI, and diversified monetization models position Spotify for accelerated growth and expanded earnings across multiple channels.
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US$662.14
FV
22.2% sottovalutato sconto intrinseco
13.32%
Revenue growth p.a.
755
users have viewed this narrative
3users have liked this narrative
0users have commented on this narrative
107users have followed this narrative
SPOT logo
Spotify Technology

GDPR And AI Commoditization Will Erode Fundamentals

Key Takeaways Escalating regulatory constraints and rising content costs threaten Spotify's revenue growth, margins, and long-term profitability prospects. Intensifying competition and shifting market trends risk capping user growth, elevating churn, and stalling the company's efforts to diversify and expand earnings.
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US$571.21
FV
9.9% sottovalutato sconto intrinseco
13.14%
Revenue growth p.a.
99
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
SPOT logo
Spotify Technology

Spotify (SPOT): The Audio Super-Platform – Scaling Profitability in the "Year of Raising Ambition"

Spotify Technology (SPOT) has decisively silenced the skeptics who questioned its ability to turn massive scale into meaningful profit. Following its Q4 fiscal 2025 earnings report on February 10, 2026 , the stock experienced a powerful 12% surge , eventually stabilizing around $511.84 as of February 27.
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US$742.46
FV
30.6% sottovalutato sconto intrinseco
18.13%
Revenue growth p.a.
4
users have viewed this narrative
1users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
SPOT logo
Spotify Technology

Spotify - A Fundamental and Historical Valuation

️Business Overview Key Metrics Total: -1/17 +1 ✅ Projected Operating Margin: 17.56% +1 ✅ Projected 5-Year Revenue CAGR: 10.87% +0 ⚠️ Last 5-Year ROIC: 4.68% -2 ❌ Estimated Cost of Capital: 7.71% (greater than ROIC) -1 ❌ Last 5-Year Shares Outstanding CAGR: +2.07% +1 ✅ Projected 5-Year EPS CAGR: 15.46% +0 ⚠️ Projected 5-Year Dividend CAGR: N/A +1 ✅ Estimated Debt Rating: A1 -1 ❌ Morningstar Moat: Narrow -1 ❌ Morningstar Uncertainty: High Despite its Narrow Moat rating by Morningstar, Spotify still shows an operating margin around ~15-20% and expanding. Its revenue and EPS growth is also solid between 10-15%.
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US$357.76
FV
43.9% sopravvalutato sconto intrinseco
7.02%
Revenue growth p.a.
113
users have viewed this narrative
1users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
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Eva Live

Is this the AI replacing marketing professionals?

Key Takeaways EVA Live (Nasdaq:GOAI) has launched NeuroServer , a purpose-built AI system trained specifically for digital advertising rather than built on off-the-shelf AI models. Its custom neural architecture is designed for multi-objective optimisation across real campaign KPIs, and was trained using reinforcement learning in an agency environment, positioning it very differently from typical AI-powered ad-tech tools.Read more

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90
users have viewed this narrative
2users have liked this narrative
0users have commented on this narrative
5users have followed this narrative
US$7.43
30.8% sottovalutato sconto intrinseco
valuebull's Fair Value
Revenue
36.8% p.a.
Profit Margin
25%
Future PE
20x
Price in 2031
US$11.97

Concorrenti di Spotify Technology S.A.

Storia dei prezzi e prestazioni

Riepilogo dei massimi, dei minimi e delle variazioni dei prezzi delle azioni per Spotify Technology
Prezzi storici delle azioni
Prezzo attuale dell'azioneUS$514.94
Massimo di 52 settimaneUS$785.00
Minimo di 52 settimaneUS$405.00
Beta1.67
Variazione di 1 mese2.92%
Variazione a 3 mesi-11.05%
Variazione di 1 anno-15.31%
Variazione a 3 anni316.15%
Variazione a 5 anni87.26%
Variazione dall'IPO245.57%

Notizie e aggiornamenti recenti

Spotify (SPOT): The Audio Super-Platform – Scaling Profitability in the "Year of Raising Ambition"

Spotify Technology (SPOT) has decisively silenced the skeptics who questioned its ability to turn massive scale into meaningful profit. Following its Q4 fiscal 2025 earnings report on February 10, 2026 , the stock experienced a powerful 12% surge , eventually stabilizing around $511.84 as of February 27.

Spotify - A Fundamental and Historical Valuation

️Business Overview Key Metrics Total: -1/17 +1 ✅ Projected Operating Margin: 17.56% +1 ✅ Projected 5-Year Revenue CAGR: 10.87% +0 ⚠️ Last 5-Year ROIC: 4.68% -2 ❌ Estimated Cost of Capital: 7.71% (greater than ROIC) -1 ❌ Last 5-Year Shares Outstanding CAGR: +2.07% +1 ✅ Projected 5-Year EPS CAGR: 15.46% +0 ⚠️ Projected 5-Year Dividend CAGR: N/A +1 ✅ Estimated Debt Rating: A1 -1 ❌ Morningstar Moat: Narrow -1 ❌ Morningstar Uncertainty: High Despite its Narrow Moat rating by Morningstar, Spotify still shows an operating margin around ~15-20% and expanding. Its revenue and EPS growth is also solid between 10-15%.

Spotify: Downgrade On Structural Deceleration

Feb 11

Recent updates

Spotify (SPOT): The Audio Super-Platform – Scaling Profitability in the "Year of Raising Ambition"

Spotify Technology (SPOT) has decisively silenced the skeptics who questioned its ability to turn massive scale into meaningful profit. Following its Q4 fiscal 2025 earnings report on February 10, 2026 , the stock experienced a powerful 12% surge , eventually stabilizing around $511.84 as of February 27.

Spotify - A Fundamental and Historical Valuation

️Business Overview Key Metrics Total: -1/17 +1 ✅ Projected Operating Margin: 17.56% +1 ✅ Projected 5-Year Revenue CAGR: 10.87% +0 ⚠️ Last 5-Year ROIC: 4.68% -2 ❌ Estimated Cost of Capital: 7.71% (greater than ROIC) -1 ❌ Last 5-Year Shares Outstanding CAGR: +2.07% +1 ✅ Projected 5-Year EPS CAGR: 15.46% +0 ⚠️ Projected 5-Year Dividend CAGR: N/A +1 ✅ Estimated Debt Rating: A1 -1 ❌ Morningstar Moat: Narrow -1 ❌ Morningstar Uncertainty: High Despite its Narrow Moat rating by Morningstar, Spotify still shows an operating margin around ~15-20% and expanding. Its revenue and EPS growth is also solid between 10-15%.

Spotify: Downgrade On Structural Deceleration

Feb 11

Spotify Technology S.A.'s (NYSE:SPOT) 26% Cheaper Price Remains In Tune With Earnings

Feb 05
Spotify Technology S.A.'s (NYSE:SPOT) 26% Cheaper Price Remains In Tune With Earnings

We Think Spotify Technology's (NYSE:SPOT) Profit Is Only A Baseline For What They Can Achieve

Nov 11
We Think Spotify Technology's (NYSE:SPOT) Profit Is Only A Baseline For What They Can Achieve

Spotify Technology S.A. Just Recorded A 63% EPS Beat: Here's What Analysts Are Forecasting Next

Nov 07
Spotify Technology S.A. Just Recorded A 63% EPS Beat: Here's What Analysts Are Forecasting Next

Is It Too Late To Consider Buying Spotify Technology S.A. (NYSE:SPOT)?

Jul 31
Is It Too Late To Consider Buying Spotify Technology S.A. (NYSE:SPOT)?

Spotify Technology (NYSE:SPOT) Could Easily Take On More Debt

Jul 02
Spotify Technology (NYSE:SPOT) Could Easily Take On More Debt

We Think Spotify Technology's (NYSE:SPOT) Profit Is Only A Baseline For What They Can Achieve

May 07
We Think Spotify Technology's (NYSE:SPOT) Profit Is Only A Baseline For What They Can Achieve

Subdued Growth No Barrier To Spotify Technology S.A. (NYSE:SPOT) With Shares Advancing 28%

May 05
Subdued Growth No Barrier To Spotify Technology S.A. (NYSE:SPOT) With Shares Advancing 28%

Spotify Is Executing Brilliantly, But The Stock Isn't A Buy Anymore (Rating Downgrade)

Apr 16

Is It Too Late To Consider Buying Spotify Technology S.A. (NYSE:SPOT)?

Apr 02
Is It Too Late To Consider Buying Spotify Technology S.A. (NYSE:SPOT)?

Spotify: The Road Ahead Is Tough, But It Is Positioned Well

Mar 14

A Look At The Fair Value Of Spotify Technology S.A. (NYSE:SPOT)

Mar 02
A Look At The Fair Value Of Spotify Technology S.A. (NYSE:SPOT)

Spotify: Just Getting Started

Feb 14

Spotify Q4: Profitability Is Only Getting Better

Feb 05
User avatar

Narrative update from Michael Paige

Retain Dominant Market Share Position In Paid Music StreamingThis assumptions appears to be tracking well and ahead of my conservative estimates. I estimated 8% growth per year in MAU and premium subs

Spotify Q4 Preview: Changing Creator Incentives

Jan 22

Spotify: The Operational Leverage Run Is Close To Being Over, What's Next?

Jan 15

Spotify: My Top Investment Pick For 2025

Dec 15

From $15 Billion To $100 Billion: Lessons From Our Spotify Investment

Dec 08
User avatar

Expanding Audiobook Offerings And AI Innovation Propel Dynamic Growth Trajectory

Expansion into audiobooks and AI-enhanced music discovery are set to boost user engagement and revenue growth.

Spotify Q3: Strong Subscriber Growth And Margin Improvement

Nov 12

Spotify: Who's There? TikTok - Buy

Oct 03
User avatar

Narrative update from Richard Bowman

Monthly active users up 2% Q/Q and 14% Y/Y

Spotify: Why We Remain Confident In The Position We've Built

Sep 13

Spotify: Beware Slowing MAU Growth, Lock In Gains And Sell (Rating Downgrade)

Aug 24
User avatar

Narrative update from Michael Paige

In terms of market share, nothing has particularly changed, and reports still indicate that it has around one-third of market share in the industry. 

Spotify Q2: Subscriber Gains With Improved Monetization

Jul 23

Spotify: Ready To Jump As Price And Bundling Adjustment Flow To Earnings

Jul 16

Spotify's Price Hikes Make It Expensive For Everyone

Jul 08

Spotify: Price Increases Are Helping To Mask Weaker User Growth

Jun 07

Baron Fund - Spotify Technology: A Long-Term Winner In Music Streaming

May 16
User avatar

Narrative update from Michael Paige

In terms of market share, nothing has particularly changed, and reports still indicate that it has around one-third of market share in the industry. 

Spotify: Bet On This 'Forever-Subscription' Company

May 06
User avatar

Narrative update from Richard Bowman

Spotify’s Focus on Profitability is Beginning to Pay Off Spotify announced solid results for the first quarter. Premium subs increased by 14% from Q1 2023, but were only 3 million higher than Q4 2023.

Rendimenti per gli azionisti

SPOTUS EntertainmentUS Mercato
7D5.0%8.8%-0.6%
1Y-15.3%3.5%15.5%

Ritorno vs Industria: SPOT ha avuto una performance inferiore rispetto al US Entertainment che ha registrato un rendimento 3.5 % nell'ultimo anno.

Rendimento vs Mercato: SPOT ha avuto una performance inferiore al mercato US che ha registrato un rendimento 15.5 % nell'ultimo anno.

Volatilità dei prezzi

Is SPOT's price volatile compared to industry and market?
SPOT volatility
SPOT Average Weekly Movement7.7%
Entertainment Industry Average Movement8.6%
Market Average Movement6.6%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market3.1%

Prezzo delle azioni stabile: SPOT non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.

Volatilità nel tempo: La volatilità settimanale ( 8% ) di SPOT è rimasta stabile nell'ultimo anno.

Informazioni sull'azienda

FondatoI dipendentiAMMINISTRATORE DELEGATOSito web
20067,000Alex Norströmwww.spotify.com

Spotify Technology S.A., insieme alle sue controllate, fornisce servizi di streaming audio in abbonamento in tutto il mondo. Opera in due segmenti, Premium e Ad-Supported. Il segmento Premium offre l'accesso in streaming online e offline al suo catalogo di musica e podcast, inclusi video, musica lossless e audiolibri in mercati selezionati, attraverso offerte di abbonamento vendute principalmente agli utenti finali e ai partner.

Spotify Technology S.A. Riepilogo dei fondamenti

Come si confrontano gli utili e i ricavi di Spotify Technology con la sua capitalizzazione di mercato?
SPOT statistiche fondamentali
Capitalizzazione di mercatoUS$105.99b
Utili (TTM)US$2.61b
Ricavi(TTM)US$20.32b
40.5x
Rapporto P/E
5.2x
Rapporto P/S

SPOT è sopravvalutato?

Vedi Fair Value e analisi di valutazione

Utili e ricavi

Statistiche chiave sulla redditività dall'ultima relazione sugli utili (TTM)
SPOT Conto economico (TTM)
Ricavi€17.19b
Costo del fatturato€11.69b
Profitto lordo€5.50b
Altre spese€3.28b
Utili€2.21b

Ultimi utili riportati

Dec 31, 2025

Prossima data di guadagno

n/a

Utile per azione (EPS)10.75
Margine lordo31.98%
Margine di profitto netto12.87%
Rapporto debito/patrimonio netto17.5%

Come si è comportato SPOT nel lungo periodo?

Vedi performance storica e confronto

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/03/01 03:28
Prezzo dell'azione a fine giornata2026/02/27 00:00
Utili2025/12/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub, abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Spotify Technology S.A. è coperta da 67 analisti. 35 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
William Noel MilnerArete Research Services LLP
Samuel LourenszArete Research Services LLP
Richard KramerArete Research Services LLP