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Added to YB: 2024-12-16

Pitch date: 2024-12-10

SPOT [bullish]

Spotify Technology S.A.

+25.86%

current return

Author Info

Company Info

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

Market Cap

$100.1B

Pitch Price

$474.98

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:
Baron Capital Portfolio Holding: Spotify Technology S.A.

SPOT: 30% market share, 600M subs (200M paid). Goal: 1B subs in 4-5 yrs. 20%+ rev growth, raising prices w/o churn. Strong GM, FCF, net cash. Founder-led (15% stake). AI for personalization. Bulls: price hikes, upgrades, AI. Risks: Apple/Amazon competition. Catalysts: capital return program.

Read full article (2 min)