Spotify Technology Stock in Brief

Large-cap Consumer Discretionary company Spotify Technology has moved -2.5% so far today on a volume of 2,482,370, compared to its average of 1,973,046. In contrast, the S&P 500 index moved -0.0%.

Spotify Technology trades -19.94% away from its average analyst target price of $172.83 per share. The 29 analysts following the stock have set target prices ranging from $109.65 to $251.48, and on average have given Spotify Technology a rating of buy.

If you are considering an investment in SPOT, you'll want to know the following:

  • Spotify Technology has moved 20.0% over the last year, and the S&P 500 logged a change of 10.0%

  • Based on its trailing earnings per share of -4.1, Spotify Technology has a trailing 12 month Price to Earnings (P/E) ratio of -33.7 while the S&P 500 average is 15.97

  • SPOT has a forward P/E ratio of 288.3 based on its forward 12 month price to earnings (EPS) of $0.48 per share

  • The company has a price to earnings growth (PEG) ratio of 0.21 — a number near or below 1 signifying that Spotify Technology is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 13.11 compared to its sector average of 3.12

  • Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide.

  • Based in Luxembourg City, the company has 8,359 full time employees and a market cap of $26.76 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.