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Added to YB: 2025-06-02

Pitch date: 2025-03-31

SPOT [neutral]

Spotify Technology S.A.

+9.25%

current return

Author Info

No bio for this author

Company Info

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide.

Market Cap

$100.1B

Pitch Price

$547.20

Price Target

N/A

Dividend

N/A

EV/EBITDA

45.60

P/E

72.67

EV/Sales

5.61

Sector

Entertainment

Category

growth

Show full summary:
Alger Mid Cap Focus Fund Portfolio Holding: Spotify Technology S.A.

SPOT (holding update): Music streaming leader showing strong Q4 w/ user growth & margin improvement from audiobooks & lower content costs. AI-driven personalization (AI Playlist, AI DJ) enhances experience. Revenue from Premium subs & ad-supported tier positions co for sustained growth in digital audio market.

Read full article (1 min)