What Facts Should You Know About Spotify Technology?

Shares of Consumer Discretionary sector company Spotify Technology moved -2.4% today, and are now trading at a price of $154.37. The large-cap stock's daily volume was 591,792 compared to its average volume of 2,016,250. The S&P 500 index returned a -0.0% performance.

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. The company is based in Luxembourg City and has 8,359 full time employees. Its market capitalization is $30,052,132,864.

28 analysts are following Spotify Technology and have set target prices ranging from $109.08 to $250.16 per share. On average, they have given the company a rating of buy. At today's prices, SPOT is trading -9.65% away from its average analyst target price of $170.86 per share.

Over the last year, SPOT's share price has increased by 89.0%, which represents a difference of 67.0% when compared to the S&P 500. The stock's 52 week high is $182.0 per share whereas its 52 week low is $69.28.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-02 46,000 -25,000 71,000 -84.08
2022-02-03 361,000 -85,000 446,000 32.34
2021-02-05 259,000 -78,000 337,000 -52.4
2020-02-12 573,000 -135,000 708,000 50.96
2019-02-12 344,000 -125,000 469,000
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.

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