- Investing.com
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
Growth Outlook | Discover analyst optimism with price targets ranging from $464.95 to $900.73, reflecting confidence in Spotify's international expansion and AI-driven innovations |
Strategic Expansion | Learn about Spotify's diversification into podcasts, audiobooks, and video content, enhancing user engagement and opening new revenue streams |
Financial Health | Delve into Spotify's robust financial performance, with a 21% ROCE, 24% ROE, and strong revenue growth projections reaching €18,055 million by 2025 |
Market Dominance | Explore Spotify's commanding position in the music streaming market, controlling one-third of the premium segment and aiming for 1 billion users globally |

Metrics to compare | SPOT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSPOTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 44.0x | 21.3x | 6.9x | |
PEG Ratio | 0.50 | −0.02 | 0.01 | |
Price / Book | 11.7x | 3.0x | 1.8x | |
Price / LTM Sales | 5.7x | 2.6x | 1.4x | |
Upside (Analyst Target) | 13.0% | 30.9% | 33.2% | |
Fair Value Upside | Unlock | 24.2% | 17.4% | Unlock |