Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile 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 based in Luxembourg, Luxembourg.
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 | 62.2x | 20.0x | 5.9x | |
PEG Ratio | 0.67 | 0.01 | 0.01 | |
Price / Book | 11.2x | 4.4x | 1.8x | |
Price / LTM Sales | 5.2x | 2.3x | 1.5x | |
Upside (Analyst Target) | 49.8% | 34.9% | 28.7% | |
Fair Value Upside | Unlock | 29.2% | 14.3% | Unlock |