Professional
Added to YB: 2026-09-23
Pitch date: 2026-06-30
SPOT [bullish]
Spotify Technology S.A.
+8.98%
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
$91.3B
Pitch Price
$468.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.08
P/E
27.90
EV/Sales
4.68
Sector
Entertainment
Category
growth
Baron International Growth Fund New Portfolio Holding: Spotify Technology S.A.
SPOT: Spotify is the leading audio-streaming platform, with 750M+ monthly active users, nearly 300M Premium subscribers and more than twice the paid-subscriber share of its closest competitor. Scale, personalization and pricing power support an early-stage monetization and margin-expansion thesis; management targets mid-teens compounded revenue growth, 35-40% gross margins and 20%+ operating margins by 2030, underpinning expected annual earnings and free-cash-flow growth above 20%.
Read full article (1 min)