Added to YB: 2026-02-12
Pitch date: 2026-02-10
SPOT [neutral]
Spotify Technology S.A.
-0.91%
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
$83.2B
Pitch Price
$489.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
33.72
P/E
38.46
EV/Sales
4.51
Sector
Entertainment
Category
growth
Spotify Q4 2025 Snapshot
SPOT (earnings): Q4 op margin hit 15% (+300bps YoY) on gross margin gains & cost discipline. 751M MAUs (+11% YoY), 10% premium sub growth, low churn despite price hikes. FCF €834M funding buybacks. Red flag: ad rev -3.5% YoY vs ad MAUs +26%, wide monetization gap. Q1 rev guide below consensus. Flywheel intact, debate now durability.
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