Latest news with #SPOT
Yahoo
5 days ago
- Business
- Yahoo
Spotify (SPOT) Stock Declines While Market Improves: Some Information for Investors
Spotify (SPOT) closed the latest trading day at $671.07, indicating a -0.14% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.51%, and the technology-centric Nasdaq increased by 0.81%. Coming into today, shares of the music-streaming service operator had gained 5.39% in the past month. In that same time, the Computer and Technology sector gained 7.05%, while the S&P 500 gained 4.61%. The investment community will be paying close attention to the earnings performance of Spotify in its upcoming release. It is anticipated that the company will report an EPS of $2.27, marking a 58.74% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $4.78 billion, indicating a 16.67% growth compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.72 per share and a revenue of $19.9 billion, signifying shifts of +63.36% and +17.37%, respectively, from the last year. Investors should also note any recent changes to analyst estimates for Spotify. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.63% lower. At present, Spotify boasts a Zacks Rank of #3 (Hold). In terms of valuation, Spotify is presently being traded at a Forward P/E ratio of 69.13. This signifies a premium in comparison to the average Forward P/E of 28.89 for its industry. It is also worth noting that SPOT currently has a PEG ratio of 1.68. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Software was holding an average PEG ratio of 2.21 at yesterday's closing price. The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 54, positioning it in the top 22% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Spotify Technology (SPOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
29-05-2025
- Business
- Yahoo
SPOT vs. PATH: Which Tech Stock Possess Stronger Growth Potential?
Both Spotify Technology S.A. SPOT and UiPath PATH are prominent software-driven tech stocks. SPOT is a leading personalized audio streaming and content platform, while PATH focuses on robotic process automation (RPA). Despite operating in different niches, both companies are linked by AI-backed growth narratives. Our comparative analysis will help investors figure out the tech stock that offers a more optimistic growth prospect. Spotify Technology's AI integration has aided its growth trajectory, evidenced by its improving key performance indicators. By the end of March 2025, the company added 3 million monthly active users (MAUs) and the count increased 10% year over year. Similarly, premium subscriber count increased by 5 million by the end of March and grew 12% year over year. This performance shines a light on AI's ability to create bespoke and engaging user experiences, elevating its business performance. SPOT has tactfully incorporated AI into its recommendation engines. The algorithms are subjected to analyze consumer habits, allowing the company to generate hyper-personalized features such as Discover Weekly, Release Radar and Daily Mixes. These playlists are driving user engagement by increasing time spent on the platform, leading to higher retention and a greater probability of a free user converting into a premium subscriber. Apart from recommendations, AI facilitates an annual marketing campaign — Spotify Wrapped — a user recap feature that provides an individualized summary of user's listening habits from the past year. This feature acts as an organic marketing tool and contributes significantly toward user acquisition and brand visibility due to its virality. Moving on, ad-supported MAUs increased 9% year over year in the first quarter of 2025. AI is a significant driver behind this growth, helping the company optimize target advertising and enhancing ad revenues. Finally, AI DJ and AI Playlist are a few of the company's AI-led innovations that demonstrate commitment to strengthening user interaction. This ultimately improves user retention and paves the path for prolonged growth in the competitive market. PATH, a global player in the RPA domain, leverages AI to fuel its growth, transforming traditional automation into an intelligent one. The strategic collaboration of AI has expanded the scope of processes that can be automated, supporting its growth trajectory positively. In fiscal 2025, the company registered annual recurring revenues (ARR) of $1.7 billion, increasing 14% year over year. Also, $424 in revenues was recorded in the fourth quarter of fiscal 2025, rising 5% from the year-ago quarter. Banking on sophisticated AI-powered solutions, the company has been able to generate strong ARR, indicating a healthy recurring stream of revenues and customer retention. Furthermore, the dollar-based net retention rate hovered at 110%, further bolstering PATH's success in broadening its customer base, which is a direct benefit of its AI-backed offerings. The company has introduced intelligent document processing, communications mining and computer vision to automate unstructured and complex tasks that RPA cannot handle by itself. This agentic automation, which allows AI agents to work alongside robots, generates a higher return on investment for clients by enabling businesses to tackle complicated workflows. For instance, the recent acquisition of Peak aims to strengthen PATH's vertical AI solutions strategy by accelerating AI adoption in retail and manufacturing sectors. Acquisitions as such and AI-led innovations backed by substantial R&D investment are instrumental in retaining market leadership and capitalizing on the rising demand for enterprise-wide AI transformation. The Zacks Consensus Estimate for Spotify Technology's 2025 sales is pegged at $19.9 billion, suggesting 17.4% year-over-year growth. The consensus estimate for earnings is pegged at $9.88, indicating a 66.1% rise from the preceding year's actual. Three estimates for 2025 have moved north in the past 60 days versus four southward revisions. Image Source: Zacks Investment Research The Zacks Consensus Estimate for UiPath's 2025 sales is pegged at $1.5 billion, implying 6.7% year-over-year growth. The consensus estimate for earnings is pegged at 52 cents per share, indicating a 1.9% year-over-year decline. No estimate for 2025 has moved north in the past 60 days versus two southward revisions. Image Source: Zacks Investment Research Spotify Technology is currently trading at a forward 12-month Price/Sales ratio of 6.45X, which is higher than the 12-month median of 4.83X, indicating an overvaluation. UiPath appears slightly overvalued with its 12-month Price/Sales ratio of 4.56X, which is marginally above the 12-month median of 4.53X. While both stocks are trading at a premium compared with their historical valuations, PATH is priced attractively from a valuation standpoint, suggesting greater breadth for expansion. Image Source: Zacks Investment Research While both SPOT and PATH rely heavily on AI to gain a competitive advantage, Spotify Technologies' near-term prospects appear brighter. SPOT's excellent user growth and impressive financial performance paint a detailed picture of a better near-term potential. That being said, we do acknowledge PATH's strength in enterprise automation and its lower valuation compared with Spotify Technology. However, SPOT is a fundamentally stronger stock than UiPath, with a remarkably higher earnings growth outlook, giving investors greater confidence to bet on its growth. SPOT and PATH have a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UiPath, Inc. (PATH) : Free Stock Analysis Report Spotify Technology (SPOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Upturn
20-05-2025
- General
- Business Upturn
Seattle Humane Brings Community Together for Tuxes & Tails 2025
By GlobeNewswire Published on May 21, 2025, 00:48 IST Bellevue, Washington, May 20, 2025 (GLOBE NEWSWIRE) — Seattle Humane highlighted their lifesaving work once again during their annual Tuxes & Tails fundraising gala on Saturday, May 17, and the community responded generously by pushing the nonprofit pet resource and adoption center past their $1.5 million goal. The outpouring of support comes at a critical time as Seattle Humane gears up for a long kitten season and an increase in requests for assistance from pet owners that occur every summer. Following a year of transition and new leadership in 2024, Seattle Humane has come out more capable of strengthening the human-animal bond than ever before. Seattle Humane has evolved over the past decade into more than just an animal shelter, but also a resource center that serves nearly 100,000 pets and the people who love them every year. They provide lifesaving rescue transfers of pets from overcrowded and disaster-struck shelters and rescues, thousands of low-cost public spay/neuter surgeries through their Schuler Family Medical Center, temporary foster through the SPOT program for pet owners experiencing life emergencies, a Pet Food Bank that provides roughly one million meals each year and dedicated funds established to support pet owners facing financial hardship. 'Tuxes & Tails is an amazing opportunity for Seattle Humane to bring supporters together every year and show them how their gifts are making an incredible impact on pets here in the shelter and out in the community,' said Seattle Humane Executive Director Jessie Swisher Spiers. 'In one night, our guests get a glimpse of the exceptional care and services our brilliant staff and dedicated volunteers provide for tens of thousands of animals each year. To see this work in action every day at the shelter is truly incredible and the best part of my job!' Nearly 80 percent of Seattle Humane's $15 million operating budget comes directly from donations, and the Tuxes & Tails gala is their largest fundraising event of the year. The organization is continuing to diversify and grow their programs and services to increase revenue after several years of operating costs outpacing donations. 'With so much economic uncertainty in the world right now, it is even more inspiring that this group of donors gave so generously to ensure Seattle Humane has the resources to keep answering those calls for help from our most vulnerable populations. We are deeply grateful,' Swisher Spiers said. PHOTOS: Attachment Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
20-05-2025
- General
- Yahoo
Seattle Humane Brings Community Together for Tuxes & Tails 2025
Supporters help regional pet resource and adoption center exceed fundraising goal Tuxes & Tails 2025 Bellevue, Washington, May 20, 2025 (GLOBE NEWSWIRE) -- Seattle Humane highlighted their lifesaving work once again during their annual Tuxes & Tails fundraising gala on Saturday, May 17, and the community responded generously by pushing the nonprofit pet resource and adoption center past their $1.5 million goal. The outpouring of support comes at a critical time as Seattle Humane gears up for a long kitten season and an increase in requests for assistance from pet owners that occur every summer. Following a year of transition and new leadership in 2024, Seattle Humane has come out more capable of strengthening the human-animal bond than ever before. Seattle Humane has evolved over the past decade into more than just an animal shelter, but also a resource center that serves nearly 100,000 pets and the people who love them every year. They provide lifesaving rescue transfers of pets from overcrowded and disaster-struck shelters and rescues, thousands of low-cost public spay/neuter surgeries through their Schuler Family Medical Center, temporary foster through the SPOT program for pet owners experiencing life emergencies, a Pet Food Bank that provides roughly one million meals each year and dedicated funds established to support pet owners facing financial hardship. 'Tuxes & Tails is an amazing opportunity for Seattle Humane to bring supporters together every year and show them how their gifts are making an incredible impact on pets here in the shelter and out in the community,' said Seattle Humane Executive Director Jessie Swisher Spiers. 'In one night, our guests get a glimpse of the exceptional care and services our brilliant staff and dedicated volunteers provide for tens of thousands of animals each year. To see this work in action every day at the shelter is truly incredible and the best part of my job!' Nearly 80 percent of Seattle Humane's $15 million operating budget comes directly from donations, and the Tuxes & Tails gala is their largest fundraising event of the year. The organization is continuing to diversify and grow their programs and services to increase revenue after several years of operating costs outpacing donations. 'With so much economic uncertainty in the world right now, it is even more inspiring that this group of donors gave so generously to ensure Seattle Humane has the resources to keep answering those calls for help from our most vulnerable populations. We are deeply grateful,' Swisher Spiers said. PHOTOS: Attachment Tuxes & Tails 2025 CONTACT: Brandon Macz Seattle Humane 425-274-1501 brandon@
CNBC
20-05-2025
- Business
- CNBC
Spotify is gearing up for a move to fresh record highs, according to the charts
We last wrote about Spotify on Oct. 22 just before the stock broke to all-time highs. SPOT is higher by about 75% since then, and we see the technicals and fundamentals of the stock as constructive. We're gearing up to add to our position here. In October, we observed the chart consolidating below the 2021 highs of $389, anticipating a move to record levels. Last year was significant for the company. as it swung from a GAAP four-quarter loss in the prior year to a profit. Looking ahead to 2026, analysts are looking for 85.66% growth to $10.57 per share. Despite the broader market volatility in 2025 from tariffs and a credit downgrade, SPOT continues to show incredible relative strength and is simply consolidating at the range highs around $660. We are targeting a move to Fibonacci projection resistance shown in blue at $860 in 2025. Moving down to the daily chart, we see price action in 2025 that includes two volatile drops below $500. However, the buyers snapped up this name pushing right back towards all-time highs amid the bumpy and volatile trade of the year. First-quarter results missed analyst expectations, but a dive into the quarterly financials show the miss was driven by greater expenses tied to payroll taxes associated with employee salaries and benefits. The results were also impacted by a shift in the timing of equity grants from Q1 to Q2. These are likely to have a temporary impact on the bottom line — while the long-term growth story streams ahead. This indicates there is an underlying strength to the company, despite the 62 times 2025 earnings valuation ($660 / $10.57 GAAP) earnings. Looking out to 2026, however the valuation is a bit more reasonable at 50 times earnings for a company that is consistently growing top line revenues — and is maximizing bottom line earnings by efficiently using capital. In Q1, Spotify demonstrated improved margins generating $534 million in free cash flow, 158% Y/Y growth, and 17.7% return on invested capital (ROIC). At the heart of this growth story is a steady increase in monthly active users, as well as investment in AI-driven features to power individualized content for users. At the end of 2024, Spotify launched its Spotify Partner Program to incentive creators to come to the platform and share revenues aiming to compete with YouTube. Considering the major jump Spotify has with podcasts, I expect them to pursue this aggressively while Google is coming under attack from multiple angles. In our Active Opps portfolio, we hold a 5.12% allocation. After publishing this article I'm going to increase the holding up to around 7% of the portfolio. -Todd Gordon, founder of Inside Edge Capital, LLC DISCLOSURES: Gordon owns SPOT personally and in his wealth management company Inside Edge Capital. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
