Spotify Technology SA SPOT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Spotify Technology Up Over 13%, on Pace for Largest Percent Increase Since October 2019 — Data Talk
-
Spotify stock surges as streaming giant posts record profits
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Spotify to Add Pricier Subscription Tier for Audiophiles, Bloomberg Reports
-
Canada Orders Foreign Streamers to Contribute 5% of Canadian Sales to Broadcasting System — 4th Update
-
Canada Orders Foreign Streamers to Contribute 5% of Canadian Sales to Broadcasting System — 3rd Update
-
Canada Orders Foreign Streamers to Contribute 5% of Canadian Sales to Domestic Broadcasting System — 2nd Update
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Trending: Spotify Raising Prices Again
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Spotify Shares Jump on Price Hikes
Trading Information
- Previous Close Price
- €6,040.00
- Day Range
- €6,000.00–6,000.00
- 52-Week Range
- €2,300.00–6,349.98
- Bid/Ask
- €5,800.00 / €6,300.00
- Market Cap
- €1.20 Tril
- Volume/Avg
- 40 / 227
Key Statistics
- Price/Earnings (Normalized)
- 132.00
- Price/Sales
- 4.49
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Spotify, headquartered in Stockholm, Sweden, is one of the world’s largest music streaming service providers, with 602 million monthly active users at the end of 2023. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 86% and 14% of Spotify’s 2023 total revenue, respectively.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Stock Style Box
- Large Growth
- Total Number of Employees
- 7,372
- Website
- https://www.spotify.com
Comparables
Valuation
Metric
|
SPOT
|
TRUE B
|
SBO
|
---|---|---|---|
Price/Earnings (Normalized) | 132.00 | 23.30 | 10.10 |
Price/Book Value | 14.48 | 8.90 | 1.54 |
Price/Sales | 4.49 | 6.90 | 1.15 |
Price/Cash Flow | 71.98 | 23.51 | 26.10 |
Price/Earnings
SPOT
TRUE B
SBO
Financial Strength
Metric
|
SPOT
|
TRUE B
|
SBO
|
---|---|---|---|
Quick Ratio | 1.52 | 5.67 | 0.32 |
Current Ratio | 1.56 | 5.67 | 3.40 |
Interest Coverage | 5.51 | — | 32.65 |
Quick Ratio
SPOT
TRUE B
SBO
Profitability
Metric
|
SPOT
|
TRUE B
|
SBO
|
---|---|---|---|
Return on Assets (Normalized) | 9.84% | 22.73% | 4.51% |
Return on Equity (Normalized) | 29.27% | 28.00% | 10.26% |
Return on Invested Capital (Normalized) | 16.13% | 24.98% | 5.71% |
Return on Assets
SPOT
TRUE B
SBO
Internet Content & Information Industry Comparables
1-Day Chart
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