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 City, Luxembourg.
Valuation Debate | Average analyst price target range of $425-$500, reflecting divided opinions on Spotify's growth potential versus current valuation |
Content Expansion | Delve into Spotify's strategic push beyond music into podcasts, audiobooks, and video content to drive engagement and differentiation |
Financial Trajectory | Analysts project 13-17% annual revenue growth through 2026, with EBIT margin expected to reach nearly 12% by 2026 |
Streaming Dominance | Explore Spotify's commanding 30% market share in global music streaming, with over 640 million monthly active users across 180+ markets |
Metrics to compare | SPOT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSPOTPeersSector | |
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P/E Ratio | 99.2x | −5.1x | 5.6x | |
PEG Ratio | 0.09 | 0.03 | 0.01 | |
Price / Book | 18.5x | 4.4x | 1.8x | |
Price / LTM Sales | 7.1x | 2.2x | 1.4x | |
Upside (Analyst Target) | 4.1% | 26.0% | 22.0% | |
Fair Value Upside | Unlock | 12.0% | 15.5% | Unlock |