Latest news with #SpotifyTechnologyS.A
Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer Recommends Buying Spotify (SPOT) Shares During 'Periodic Moments of Underperformance'
We recently published a list of . In this article, we are going to take a look at where Spotify Technology S.A. (NYSE:SPOT) stands against other stocks that Jim Cramer discusses. Cramer showed bullish sentiment toward Spotify Technology S.A. (NYSE:SPOT) as he mentioned that he has confidence in subscription businesses. He commented: 'My confidence in subscription model extends to Spotify. This incredible company dominates the podcast business and the music business, and of course, the new high list. It's roaring right now, but it does have periodic moments of underperformance, and that's when you gotta snap it up [buy, buy, buy].' Spotify (NYSE:SPOT) delivers music and podcast streaming services through subscription-based and ad-supported models. Moreover, the company offers users access to a vast audio catalog along with supporting services like marketing, R&D, and customer support. Cramer called the company a 'competitor to Netflix' during a Mad Money episode aired in April, as he said: A person wearing headphones listening to an audio streaming service. 'If you want to know my favorite trade for the week, it's going to be Spotify. Now, this has this juicy subscription business. People don't focus on this company a lot. Lots of people ignore it, dismissing it as a radio station without commercials. But I think Spotify's all things entertainment, a competitor to Netflix for your time.' Overall, SPOT ranks 6th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of SPOT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Canaccord Maintains Buy Rating on Spotify (SPOT), Lifts PT
On May 20, Canaccord increased the price target on Spotify Technology S.A. (NYSE:SPOT) stock from $700 to $775, keeping a Buy rating on the stock. Maria Ripps from Canaccord increased the price target after reviewing the Q1 FY2025 quarterly results of the music giant. Ripps mentioned that the earnings for the internet sector continue to favor top names with diversified business models that are less exposed to tariffs. Photo by Alexander Shatov on Unsplash Despite missing the earnings estimate in Q1, Spotify Technology S.A. (NYSE:SPOT) reported strong subscriber growth, with the highest first-quarter net addition of 5 million since 2020, representing 12% growth year-over-year. Ripps cited that Spotify has multiple levers to mitigate any potential risk from tariffs. The company has expanded its Partner Program to nine new markets during Q1 and also paid out over $100 million to podcast creators during the quarter. Moreover, Spotify posted a 31.6% gross margin in Q1, exceeding guidance and growing by 400 basis points year-over-year. While we acknowledge the potential of SPOT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SPOT and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
Here's Why Spotify Technology S.A. (SPOT) Surged in Q1
Baron Funds, an investment management firm, released its 'Focused Growth Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. Q1 was a difficult start to the year. The fund declined 7.95% (Institutional Shares) in the quarter, compared to the Russell 2500 Growth Index's (the Benchmark) 10.80% return. Please spare some time to check the fund's top 5 holdings to know more about their top bets for 2025. In its first-quarter 2025 investor letter, Baron Focused Growth Fund highlighted stocks such as Spotify Technology S.A. (NYSE:SPOT). Headquartered in Luxembourg City, Luxembourg, Spotify Technology S.A. (NYSE:SPOT) offers audio streaming subscription services. The one-month return of Spotify Technology S.A. (NYSE:SPOT) was 15.42%, and its shares gained 119.93% of their value over the last 52 weeks. On May 6, 2025, Spotify Technology S.A. (NYSE:SPOT) stock closed at $632.85 per share with a market capitalization of $134.469 billion. Baron Focused Growth Fund stated the following regarding Spotify Technology S.A. (NYSE:SPOT) in its Q1 2025 investor letter: "Spotify Technology S.A. (NYSE:SPOT) is a leading global digital music service offering on-demand audio streaming through paid premium subscriptions and an ad-supported model. Shares were up, once again attributable to another impressive beat in gross margins and a healthy increase in operating margins. Spotify has been on a path to structurally increase gross margins, aided by its high-margin artist promotions marketplace, growing contribution from podcasts, and structural investments in advertising. Users continued to grow at a double-digit pace despite price hikes. Spotify also continued to innovate on the product side, calling 2025 the 'year of accelerated execution,' with priorities in improving advertising, expanding into video, developing a Super Premium tier, and taking more market share. We view Spotify as a long-term winner in music streaming with potential to reach 1 billion-plus monthly active users." Is Spotify Technology S.A. (SPOT) The Best Performing Large Cap Stock So Far in 2025? A person wearing headphones listening to an audio streaming service. Spotify Technology S.A. (NYSE:SPOT) is in 25th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 101 hedge fund portfolios held Spotify Technology S.A. (NYSE:SPOT) at the end of the fourth quarter compared to 98 in the third quarter. In Q1 2025, Spotify Technology S.A. (NYSE:SPOT) generated a total revenue of $4.2 billion, reflecting a year-over-year growth of 15% on a constant currency basis. While we acknowledge the potential of Spotify Technology S.A. (NYSE:SPOT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
Yahoo
06-05-2025
- Business
- Yahoo
Spotify (SPOT) Surged on Continued Momentum
Artisan Partners, an investment management company, released its 'Artisan Mid Cap Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund's Investor Class fund ARTMX returned -7.40%, Advisor Class fund APDMX posted a return of -7.37%, and Institutional Class fund APHMX returned -7.35%, compared to a -7.12% return for the Russell Midcap Growth Index. US equities achieved solid Q4 gains, concluding a strong year. After a period of strong growth stock performance in 2023 and 2024, value stocks gained the lead in Q1 2025. In a risk-averse environment, investors shifted towards lower-volatility equities, especially in the utilities and consumer staples sectors, alongside those with higher dividend yields. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Artisan Mid Cap Fund highlighted stocks such as Spotify Technology S.A. (NYSE:SPOT). Headquartered in Luxembourg City, Luxembourg, Spotify Technology S.A. (NYSE:SPOT) offers audio streaming subscription services. The one-month return of Spotify Technology S.A. (NYSE:SPOT) was 23.02%, and its shares gained 113.94% of their value over the last 52 weeks. On May 5, 2025, Spotify Technology S.A. (NYSE:SPOT) stock closed at $637.65 per share with a market capitalization of $130.754 billion. Artisan Mid Cap Fund stated the following regarding Spotify Technology S.A. (NYSE:SPOT) in its Q1 2025 investor letter: "Among our top Q1 contributors were Spotify Technology S.A. (NYSE:SPOT), Ascendis and AutoZone. Spotify share momentum continued in 2025, following another set of strong earnings results, including 12% growth in monthly active users and 16% revenue growth. Importantly, the company's profit margin has been expanding nicely, and we believe it can continue to rise due to likely price increases, potentially better terms with labels and further cost discipline. We trimmed the position due to our valuation discipline but continue to believe in the company's long-term prospects." Is Spotify Technology S.A. (SPOT) The Best Performing Large Cap Stock So Far in 2025? A person wearing headphones listening to an audio streaming service. Spotify Technology S.A. (NYSE:SPOT) is in 25th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 101 hedge fund portfolios held Spotify Technology S.A. (NYSE:SPOT) at the end of the fourth quarter compared to 98 in the third quarter. In Q1, Spotify Technology S.A. (NYSE:SPOT) generated a total revenue of $4.2 billion, reflecting a year-over-year growth of 15% on a constant currency basis. While we acknowledge the potential of Spotify Technology S.A. (NYSE:SPOT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
Yahoo
05-05-2025
- Business
- Yahoo
Is Spotify Technology S.A. (SPOT) The Best Performing Large Cap Stock So Far in 2025?
We recently published a list of . In this article, we are going to take a look at where Spotify Technology S.A. (NYSE:SPOT) stands against other best performing large cap stocks so far in 2025. The stock market had a chaotic start to the first quarter of 2025. The uncertain tariff policy, growing fears of a recession, and inflation sent the stock market to the worst quarterly performance since the 2022 bear market. On March 31, ClearBridge Investment released its commentary on the market performance. Portfolio Managers Erica Furfaro and Margaret Vitrano highlighted that the S&P 500 index declined 4.27%, whereas the growth-heavy NASDAQ and Russell 1000 Growth Index fell 10.42% and 9.97%, respectively. Elaborating more on the quarterly market performance, the portfolio managers noted that the Russell Growth Index underperformed the Russell Value Index by more than 1,200 basis points indicating that while large-cap stocks were impacted, the growth sector took the major hit. Tariffs were only one of the headwinds affecting the performance and the overall backdrop also includes the launch of Chinese LLM DeepSeek which questioned the AI capital expenditure of various large and mega-cap stocks. This capital expenditure bubble infected the performance of other 'Magnificent Seven' to an extent that only one of the 'Mag Seven' companies could outperform the Russell 1000 Index. Erica Furfaro and Margaret Vitrano noted that their Large Cap Growth ESG strategy performed better than the benchmark amidst all the uncertainty. Their strategy takes the Russell Growth Index as a benchmark. The managers noted that the strategy revolved around being underweight for the Mag Seven and the IT sector. They also highlighted that balancing the portfolio with strong stocks across IT, communication, and financial services also played a pivotal role in generating more relative returns. The investment fund also noted moving towards a 'moving to the middle' approach, which refers to adjusting their portfolio to be less concentrated in any single sector and more balanced across different types of growth companies. Clearbridge has reduced its overweight position in healthcare and increased exposure to the IT sector, which was previously underweight. The fund believes this recalibration positions the portfolio for an economic slowdown. Lastly, Erica Furfaro and Margaret Vitrano noted that the first quarter witnessed the earnings growth broaden away from the Mag Seven and other large-cap stocks outside the big tech names delivered better earnings. They anticipate that, unless there is a recession, earnings growth from industrial and healthcare companies will begin to catch up with the technology sector in 2025. To curate the list of 11 best-performing large-cap stocks so far in 2025, we used the Finviz stock screener and Yahoo Finance. Using the screener we aggregate a list of large-cap stocks that have performed well on a year-to-date. Next, we cross-checked the performance from Yahoo Finance and ranked the stocks in ascending order of their year-to-date performance. We have also added the market capitalization of each stock and the hedge fund sentiment as well, as of Q4 2024. Please note that the data was recorded on May 2, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A person wearing headphones listening to an audio streaming Technology S.A. (NYSE:SPOT) is the world's largest music streaming platform. The company provides a platform that allows users to access, discover, and manage a vast library of over 100 million songs, nearly 7 million podcast titles, and 350,000 audiobooks. The company offers two main tiers including the freemium subscription and the premium account. On May 2nd, Loop Capital analyst Alan Gould raised the firm's price target on the stock from $435 to $550, while keeping a Hold rating on the shares. The analyst noted that while the company reported quarterly results reflecting above-expectation subscriptions, however, it missed the guidance on ad-supported revenues. During the fiscal first quarter of 2025, Spotify Technology S.A. (NYSE:SPOT) grew its monthly active users by 10% year-over-year and premium subscribers by 12%. This took the total revenue up by 15% to reach $4.19 billion. Moreover, the gross profit also improved by 32% during the same time. Management noted that they have launched Partner Programs in the US, the UK, Canada, and Australia, that allow video podcast creators to monetize their content through multiple revenue streams. As a result, the video podcast consumption on the platform has increased by over 20%, and creator payouts have grown by 300% in only a month. Spotify Technology S.A. (NYSE:SPOT) is one of the best-performing large cap stocks so far in 2025. JDP Capital Management stated the following regarding Spotify Technology S.A. (NYSE:SPOT) in its Q1 2025 investor letter: 'Spotify Technology S.A. (NYSE:SPOT) – Spotify remains our largest position. In the fourth quarter the company's free cash flow was up 123% over last year resulting from strong operating leverage that the market had not priced in the valuation. Spotify ended 2024 with 675 million subscribers between paid and ad supported. Spotify and YouTube are the primary beneficiaries of the mega trend shift from linear media to podcasting. Overall, SPOT ranks 5th on our list of best performing large cap stocks so far in 2025. While we acknowledge the potential of SPOT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SPOT but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
