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Spotify Technology S.A.BASE:SPOT Stock Report

Market Cap AR$138.6t
Share Price
AR$25.04k
AR$33.8k
25.9% undervalued intrinsic discount
1Y-2.6%
7D1.9%
Portfolio Value
View

Spotify Technology S.A.

BASE:SPOT Stock Report

Market Cap: AR$138.6t

Spotify Technology (SPOT) Stock Overview

Provides audio streaming subscription services worldwide. More details

SPOT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends0/6

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US$7.43
47.9% undervalued intrinsic discount
Fair Value
Revenue
36.8% p.a.
Profit Margin
25%
Future PE
20x
Price in 2031
US$11.97

Spotify Technology S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Spotify Technology
Historical stock prices
Current Share PriceUS$25,040.00
52 Week HighUS$41,220.00
52 Week LowUS$21,500.00
Beta1.72
1 Month Change-5.44%
3 Month Change-20.00%
1 Year Change-2.57%
3 Year Change1,212.37%
5 Year Change1,554.44%
Change since IPO1,570.45%

Recent News & Updates

Recent updates

Shareholder Returns

SPOTAR EntertainmentAR Market
7D1.9%0%0%
1Y-2.6%0%0%

Return vs Industry: SPOT underperformed the AR Entertainment industry which returned 37.2% over the past year.

Return vs Market: SPOT underperformed the AR Market which returned 19.7% over the past year.

Price Volatility

Is SPOT's price volatile compared to industry and market?
SPOT volatility
SPOT Average Weekly Movement8.4%
Entertainment Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in AR Market0%
10% least volatile stocks in AR Market0%

Stable Share Price: SPOT's share price has been volatile over the past 3 months compared to the AR market.

Volatility Over Time: SPOT's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of AR stocks.

About the Company

FoundedEmployeesCEOWebsite
20067,000Alex Norströmwww.spotify.com

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.

Spotify Technology S.A. Fundamentals Summary

How do Spotify Technology's earnings and revenue compare to its market cap?
SPOT fundamental statistics
Market capAR$138.60t
Earnings (TTM)AR$3.56t
Revenue (TTM)AR$27.64t
37.8x
P/E Ratio
4.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPOT income statement (TTM)
Revenue€17.19b
Cost of Revenue€11.69b
Gross Profit€5.50b
Other Expenses€3.28b
Earnings€2.21b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Apr 28, 2026

Earnings per share (EPS)10.75
Gross Margin31.98%
Net Profit Margin12.87%
Debt/Equity Ratio17.5%

How did SPOT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/01 15:17
End of Day Share Price 2026/04/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spotify Technology S.A. is covered by 69 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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