Professional
Added to YB: 2025-06-30
Pitch date: 2025-06-26
SPOT [bullish]
Spotify Technology S.A.
-23.39%
current return
Author Info
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Company Info
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide.
Market Cap
$100.1B
Pitch Price
$780.30
Price Target
900.00 (+51%)
Dividend
N/A
EV/EBITDA
45.60
P/E
72.67
EV/Sales
5.61
Sector
Entertainment
Category
growth
Show full summary:
BofA Hikes Spotify ($SPOT) Price Target to $900, Reaffirms Buy
SPOT: BofA raises PT to $900 (from $700) - Buy. Strong underlying fundamentals despite Q2 headwinds from dollar weakening (rev forecast €4.25bn vs €4.3bn guide) & social charges from 35% stock rally (OI €445mn vs €539mn guide). Core KPIs on track, 31.5% gross margin, multiple positive drivers ahead.
Read full article (1 min)