NYSE:SPOTEntertainment
Assessing Spotify Technology (NYSE:SPOT) Valuation After Strong Q1 Results And New Peloton Partnership
Spotify Technology (NYSE:SPOT) is back in focus after stronger than expected first quarter results, new guidance pointing to €4.8b in second quarter revenue, and a Peloton partnership that adds more than 1,400 fitness and wellness classes.
See our latest analysis for Spotify Technology.
Despite the upbeat Q1 earnings, fresh Q2 guidance and the Peloton content deal, Spotify’s recent momentum has cooled, with a 30 day share price return of 11.54% and a year to date share price return of a...