Spotify Technology Future Growth
Future criteria checks 5/6
Spotify Technology is forecast to grow earnings and revenue by 31.1% and 12.8% per annum respectively. EPS is expected to grow by 31.2% per annum. Return on equity is forecast to be 24.2% in 3 years.
Key information
31.1%
Earnings growth rate
31.2%
EPS growth rate
| Entertainment earnings growth | 20.5% |
| Revenue growth rate | 12.8% |
| Future return on equity | 24.2% |
| Analyst coverage | Good |
| Last updated | 18 Oct 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 20,477 | 2,132 | 2,906 | 2,718 | 24 |
| 12/31/2025 | 18,091 | 1,685 | 2,513 | 2,400 | 32 |
| 12/31/2024 | 15,717 | 1,199 | 1,905 | 1,837 | 34 |
| 6/30/2024 | 14,471 | 466 | 1,302 | 1,311 | N/A |
| 3/31/2024 | 13,841 | -110 | 823 | 832 | N/A |
| 12/31/2023 | 13,247 | -532 | 674 | 680 | N/A |
| 9/30/2023 | 12,742 | -732 | 203 | 213 | N/A |
| 6/30/2023 | 12,421 | -963 | 28 | 42 | N/A |
| 3/31/2023 | 12,108 | -786 | 51 | 68 | N/A |
| 12/31/2022 | 11,727 | -430 | 21 | 46 | N/A |
| 9/30/2022 | 11,250 | -199 | 199 | 235 | N/A |
| 6/30/2022 | 10,715 | -31 | 262 | 318 | N/A |
| 3/31/2022 | 10,182 | 74 | 262 | 333 | N/A |
| 12/31/2021 | 9,668 | -34 | 276 | 361 | N/A |
| 9/30/2021 | 9,147 | -120 | 245 | 349 | N/A |
| 6/30/2021 | 8,621 | -223 | 252 | 348 | N/A |
| 3/31/2021 | 8,179 | -559 | 243 | 333 | N/A |
| 12/31/2020 | 7,880 | -581 | 181 | 259 | N/A |
| 9/30/2020 | 7,567 | -665 | 280 | 355 | N/A |
| 6/30/2020 | 7,323 | -323 | 220 | 304 | N/A |
| 3/31/2020 | 7,101 | -43 | 245 | 355 | N/A |
| 12/31/2019 | 6,764 | -186 | 438 | 573 | N/A |
| 9/30/2019 | 6,404 | 465 | 352 | 520 | N/A |
| 6/30/2019 | 6,025 | 267 | 338 | 529 | N/A |
| 3/31/2019 | 5,631 | -51 | 313 | 469 | N/A |
| 12/31/2018 | 5,259 | -78 | 219 | 344 | N/A |
| 9/30/2018 | 4,913 | -1,116 | 208 | 289 | N/A |
| 6/30/2018 | 4,593 | -1,437 | 87 | 128 | N/A |
| 3/31/2018 | 4,327 | -1,231 | N/A | 170 | N/A |
| 12/31/2017 | 4,090 | -1,235 | N/A | 179 | N/A |
| 12/31/2016 | 2,952 | -539 | N/A | 101 | N/A |
| 1/1/2016 | 1,940 | -230 | N/A | -38 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPF's forecast earnings growth (31.1% per year) is above the savings rate (0.3%).
Earnings vs Market: SPF's earnings (31.1% per year) are forecast to grow faster than the Swiss market (11.7% per year).
High Growth Earnings: SPF's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SPF's revenue (12.8% per year) is forecast to grow faster than the Swiss market (4.2% per year).
High Growth Revenue: SPF's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPF's Return on Equity is forecast to be high in 3 years time (24.2%)