Latest news with #SpotifyTechnology
Yahoo
2 days ago
- Business
- Yahoo
Spotify Technology (NYSE:SPOT) Reports Sales Growth to €4.2 Billion
Spotify Technology saw its share price rise by nearly 34% over the last quarter. The major catalyst was the company's announcement of strong first-quarter earnings, reporting sales growth to EUR 4.19 billion and an increase in net income and earnings per share. This positive financial performance reinforced investor sentiment amidst robust market conditions, where major indices such as the S&P 500 have also posted gains. Spotify's confirmed revenue guidance for the upcoming quarter aligned well with overall market optimism, further supporting its share price growth, while its stagnant buyback activity had little effect on counterbalancing these upward movements. Buy, Hold or Sell Spotify Technology? View our complete analysis and fair value estimate and you decide. We've found 20 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent announcement of Spotify Technology's strong first-quarter earnings, reflecting sales growth to €4.19 billion, has reinforced its positive growth narrative. This signals potential revenue expansion as subscription growth in markets like Latin America and Asia Pacific continues. The company's focus on enhancing user engagement through AI, new monetization systems, and scaling product features could further bolster its earnings potential amid current market optimism. Over the longer term, Spotify's total shareholder return reached a very large value of 536.84% over three years, reflecting steady growth and investor confidence. When comparing its performance to the broader market or the entertainment industry over the last year, Spotify's one-year return exceeded the US Entertainment industry's return of 62% and surpassed the US Market's 11% return. This underscores its strength in navigating challenging market conditions. The positive market sentiment and strong financial performance could influence revenue and earnings forecasts. Analysts project substantial annual earnings growth of 25.4% over the next three years. The share price increase, in context to the consensus price target of US$666.48, suggests room for potential growth given the current share price of US$576.94 being 13.4% below the target. However, variance in analyst projections indicates varying expectations, emphasizing the importance of personal analysis aligned with individual expectations. Examine Spotify Technology's earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:SPOT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
2 days ago
- Business
- Yahoo
Spotify Technology (NYSE:SPOT) Reports Sales Growth to €4.2 Billion
Spotify Technology saw its share price rise by nearly 34% over the last quarter. The major catalyst was the company's announcement of strong first-quarter earnings, reporting sales growth to EUR 4.19 billion and an increase in net income and earnings per share. This positive financial performance reinforced investor sentiment amidst robust market conditions, where major indices such as the S&P 500 have also posted gains. Spotify's confirmed revenue guidance for the upcoming quarter aligned well with overall market optimism, further supporting its share price growth, while its stagnant buyback activity had little effect on counterbalancing these upward movements. Buy, Hold or Sell Spotify Technology? View our complete analysis and fair value estimate and you decide. We've found 20 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent announcement of Spotify Technology's strong first-quarter earnings, reflecting sales growth to €4.19 billion, has reinforced its positive growth narrative. This signals potential revenue expansion as subscription growth in markets like Latin America and Asia Pacific continues. The company's focus on enhancing user engagement through AI, new monetization systems, and scaling product features could further bolster its earnings potential amid current market optimism. Over the longer term, Spotify's total shareholder return reached a very large value of 536.84% over three years, reflecting steady growth and investor confidence. When comparing its performance to the broader market or the entertainment industry over the last year, Spotify's one-year return exceeded the US Entertainment industry's return of 62% and surpassed the US Market's 11% return. This underscores its strength in navigating challenging market conditions. The positive market sentiment and strong financial performance could influence revenue and earnings forecasts. Analysts project substantial annual earnings growth of 25.4% over the next three years. The share price increase, in context to the consensus price target of US$666.48, suggests room for potential growth given the current share price of US$576.94 being 13.4% below the target. However, variance in analyst projections indicates varying expectations, emphasizing the importance of personal analysis aligned with individual expectations. Examine Spotify Technology's earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:SPOT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Globe and Mail
4 days ago
- Business
- Globe and Mail
2 Top Tech Stocks to Buy Right Now
After a very tough start to the year, tech sector stocks are back. The tech-heavy Nasdaq Composite index dipped as much as 24% from highs set earlier this year. However, in recent weeks, the index has rallied significantly, erasing nearly all of those losses and pulling back to even for 2025. Given this market recovery, those looking to invest in tech stocks are now wondering what stocks are worth considering when the market is trading near all-time highs. There are two tech stocks that I would strongly consider right now. Here's why. 1. Spotify Technology Firstup is Spotify Technology (NYSE: SPOT). As of this writing, Spotify stock is up 50% year to date, making it one of the top-performing stocks so far in 2025. Indeed, over the last three years, Spotify is up more than 477%. What's behind this excellent performance? And why do I think the stock will continue to beat the market? There are three main reasons for the company's success. First, Spotify boasts a strong competitive moat. By creating personalized playlists and honing its suggestions based on its users' likes and dislikes, Spotify gives its customers what they want when they want it. In addition, with over 675 million monthly average users, Spotify now benefits from a significant network effect, where people can easily connect with others to share new tracks and playlists. Consequently, Spotify users are less likely to leave the platform once they have built out their musical preferences and connected with friends. Second, Spotify's fundamentals have improved greatly. In particular, Spotify is now a consistently profitable company -- something that couldn't be said a few years ago. Indeed, take a look at Spotify's net income by quarter, and it's clear that the company has turned an important corner. After many quarters of struggling to generate any profit at all, the company has now produced several quarters of net income in the $200 million to $300 million range. Over the last 12 months, Spotify's net income stands at $1.3 billion. Spotify's management is the last key piece to the puzzle. CEO DanielEk deserves credit for Spotify's performance. In 2022, Ek prioritized profitability by slashing costs while still focusing on growth. He's both the founder and CEO of the company; his capable leadership and solid track record are more reasons investors should have confidence in Spotify. 2. Meta Platforms Then there's Meta Platforms (NASDAQ: META). Here, too, there are three aspects of Meta's stock and its business that I find particularly appealing. First off, Meta is a leader in digital advertising. The company generates a staggering $170 billion in annual revenue, and around 97% of that revenue comes from ad revenue generated by its social media platforms like Facebook and Instagram. What's more, the digital advertising sector continues to grow at a strong pace. Statista estimates that by 2030, fully 80% of all advertising will be digital, amounting to around $1.2 trillion worldwide. That would represent an increase in digital ad spending of roughly 50% over the next five years. Second, Meta is a leading artificial intelligence (AI) company, too. It has invested billions in AI infrastructure, which is already generating returns for the company by improving ad strategies and return on investment (ROI) for advertisers on its platforms, which, in turn, drive higher ad rates. As Meta continues to invest in AI, higher platform engagement and additional (perhaps paid) features could help drive higher revenue and profitability for the company. Lastly, because of its prominent place within the digital advertising food chain and its AI initiatives, Meta's fundamentals are some of the best within the tech sector. Over the last 12 months, Meta generated: On top of those impressive metrics, in its most recently reported quarter, Meta bought back more than $13 billion of its own stock, reducing its overall share count and boosting the price of outstanding shares. To sum up, Meta's business model is firing on all cylinders and its stock boasts excellent fundamentals. Investors looking for a strong tech stock with fantastic prospects should strongly consider Meta. Should you invest $1,000 in Meta Platforms right now? Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor 's total average return is987% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jake Lerch has positions in Spotify Technology. The Motley Fool has positions in and recommends Meta Platforms and Spotify Technology. The Motley Fool has a disclosure policy.
Yahoo
13-05-2025
- Business
- Yahoo
Spotify, IBD Stock Of The Day, Hovers In Buy Zone After Breakout
Spotify Technology is the IBD Stock Of The Day as the music streaming leader hovers in a buy zone following its recent breakout.
Yahoo
05-05-2025
- Business
- Yahoo
Spotify Technology First Quarter 2025 Earnings: EPS Misses Expectations
Revenue: €4.19b (up 15% from 1Q 2024). Net income: €225.0m (up 14% from 1Q 2024). Profit margin: 5.4% (in line with 1Q 2024). EPS: €1.10 (up from €0.99 in 1Q 2024). We check all companies for important risks. See what we found for Spotify Technology in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 51%. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Entertainment industry in the US. Performance of the American Entertainment industry. The company's shares are up 7.7% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Spotify Technology's balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
