Spotify

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About SPOT

Spotify Technology SA engages in the provision of digital music services. It operates through the Premium and Ad-Supported segments. 

CEO
Daniel Ek
CEODaniel Ek
Employees
Employees
Headquarters
Luxembourg, Luxembourg
HeadquartersLuxembourg, Luxembourg
Founded
2006
Founded2006
Employees
Employees

SPOT Key Statistics

Market cap
109.32B
Market cap109.32B
Price-Earnings ratio
82.87
Price-Earnings ratio82.87
Dividend yield
Dividend yield
Average volume
3.23M
Average volume3.23M
High today
$552.65
High today$552.65
Low today
$518.22
Low today$518.22
Open price
$545.27
Open price$545.27
Volume
3.61M
Volume3.61M
52 Week high
$652.63
52 Week high$652.63
52 Week low
$249.58
52 Week low$249.58

SPOT News

TipRanks 3h
Bill Simmons agrees to new contract at Spotify, Bloomberg reports

Bill Simmons, founder of The Ringer, said he has agreed to a new contract at Spotify (SPOT), which acquired The Ringer in 2020, Bloomberg’s Lucas Shaw reports....

TipRanks 5h
Spotify Stock Sings from the Rooftops After $10B Payout to Music Stars

Spotify (SPOT) shares strummed higher today after it played down the concerns of investors and songwriters by declaring that it paid $10 billion in music indust...

Sherwood News 7h
Spotify paid out a record $10 billion in royalties last year

Streaming service Spotify has said that it paid the music industry $10 billion in royalties in 2024 — the highest annual payment from any single retailer in his...

Spotify paid out a record $10 billion in royalties last year

Analyst ratings

63%

of 41 ratings
Buy
63.4%
Hold
31.7%
Sell
4.9%

More SPOT News

Benzinga 11h
Spotify Distributed $10 Billion In Music Royalties In 2024: Details

In 2024, streaming platform Spotify Technology SA SPOT disbursed an unprecedented $10 billion to the music industry in royalties, surpassing any previous yearly...

Spotify Distributed $10 Billion In Music Royalties In 2024: Details
Seeking Alpha 12h
Spotify announces record $10B royalty payouts last year

Spotify (NYSE:SPOT) said it paid $10B in royalties last year, the biggest single-year payout by a company in the history of the music industry, with its yearly...

Spotify announces record $10B royalty payouts last year
TipRanks 2d
Spotify resumed with Neutral from Sell at Redburn Atlantic

Redburn Atlantic analyst Ed Vyvyan upgraded Spotify (SPOT) to Neutral from Sell with a price target of $545, up from $230, after resuming coverage of the name....

Simply Wall St 3d
Spotify Technology Soars 10% As Net Income Surges To €367 Million

recently announced stellar earnings, showcasing a turnaround with robust performance, particularly in its Q4 2024 results, which may have influenced its 10% sto...

Spotify Technology Soars 10% As Net Income Surges To €367 Million
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