Spotify’s third-quarter sales, profits, and subscriber additions were all roughly consistent with the firm's guidance. The fourth-quarter outlook was positive but not earth-shattering. However, the firm is proving it can monetize its new features, reduce costs, and improve advertising sales.
Spotify has significant room to continue raising prices after historically not doing so. The value is higher, and the price is lower for a Spotify subscription than for nearly all video streaming services.
The rise of AI music creation may democratize access to music and reduce reliance on licensing deals with record labels, allowing native AI platforms to take share from traditional music platforms.
|
Metric
|
SPOT
|
SIRI
|
AAPL
|
|---|---|---|---|
Price/Earnings (Normalized) | 38.36 | 8.84 | 40.03 |
Price/Book Value | 12.31 | 0.80 | 46.83 |
Price/Sales | 5.68 | 1.21 | 10.91 |
Price/Cash Flow | 34.11 | 4.91 | 32.78 |
|
Metric
|
SPOT
|
SIRI
|
AAPL
|
|---|---|---|---|
Quick Ratio | 2.10 | 0.25 | 0.81 |
Current Ratio | 2.13 | 0.32 | 1.00 |
Interest Coverage | 118.22 | 3.68 | — |
|
Metric
|
SPOT
|
SIRI
|
AAPL
|
|---|---|---|---|
Return on Assets (Normalized) | 20.30% | 4.66% | 38.44% |
Return on Equity (Normalized) | 34.88% | 10.77% | 158.76% |
Return on Invested Capital (Normalized) | 28.66% | 7.49% | 77.78% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Alphabet Inc Class C
GOOG
| LOCK|d<C>Yp< | LOCK|xGn | $3T | |||
| Alphabet Inc Class A
GOOGL
| LOCK|RTx%y^p | LOCK|&P | $3T | |||
| Meta Platforms Inc Class A
META
| LOCK|?M%#?d@ | LOCK|c&! | $2T | |||
| Tencent Holdings Ltd ADR
TCEHY
| LOCK|<hzQ$?T | LOCK|>qj | $440B | |||
| Nebius Group NV Shs Class-A-
NBIS
| LOCK|b$GdM! | LOCK|j^! | $42B | |||
| Baidu Inc ADR
BIDU
| LOCK|cr$&TGP | LOCK|pV | $26B | |||
| Reddit Inc Class A Shares
RDDT
| LOCK|&m!cdX | LOCK|x!!!D | $18B | |||
| Tencent Music Entertainment Group ADR
TME
| LOCK|#b!BL@w | LOCK|h$Ln | $14B | |||
| Pinterest Inc Class A
PINS
| LOCK|lLfm^d? | LOCK|SZq^ | $11B |
United States