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Spotify Technology S.A.BOVESPA:S1PO34 Stock Report

Market Cap R$546.1b
Share Price
R$664.00
R$807.78
17.8% undervalued intrinsic discount
1Y-20.7%
7D12.1%
Portfolio Value
View

Spotify Technology S.A.

BOVESPA:S1PO34 Stock Report

Market Cap: R$546.1b

Spotify Technology (S1PO34) Stock Overview

Provides audio streaming subscription services worldwide. More details

S1PO34 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends0/6

S1PO34 Community Fair Values

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US$2.5
52.0% undervalued intrinsic discount
Fair Value
Profit Margin
13.35%
Future PE
19.55x
Price in 2031
US$3.8

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$664.00
52 Week HighUS$1,070.38
52 Week LowUS$534.38
Beta1.7
1 Month Change-1.98%
3 Month Change-1.68%
1 Year Change-20.67%
3 Year Change295.29%
5 Year Change73.00%
Change since IPO336.55%

Recent News & Updates

Recent updates

Shareholder Returns

S1PO34BR EntertainmentBR Market
7D12.1%1.4%0.7%
1Y-20.7%28.2%35.0%

Return vs Industry: S1PO34 underperformed the BR Entertainment industry which returned 28.2% over the past year.

Return vs Market: S1PO34 underperformed the BR Market which returned 35% over the past year.

Price Volatility

Is S1PO34's price volatile compared to industry and market?
S1PO34 volatility
S1PO34 Average Weekly Movement8.8%
Entertainment Industry Average Movement8.8%
Market Average Movement4.8%
10% most volatile stocks in BR Market8.5%
10% least volatile stocks in BR Market1.7%

Stable Share Price: S1PO34's share price has been volatile over the past 3 months compared to the BR market.

Volatility Over Time: S1PO34's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BR 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?
S1PO34 fundamental statistics
Market capR$546.11b
Earnings (TTM)R$13.01b
Revenue (TTM)R$101.08b
42.0x
P/E Ratio
5.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S1PO34 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 S1PO34 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/17 03:15
End of Day Share Price 2026/04/16 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 70 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
Richard KramerArete Research Services LLP
Samuel LourenszArete Research Services LLP