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Added to YB: 2025-01-28

Pitch date: 2025-01-25

SPOT [neutral]

Spotify Technology S.A.

+16.57%

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

$495.11

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:
Spotify Technology S.A. – A Deep Dive

SPOT (expensive): Music streaming leader, 31.7% market share, 640M MAU, 252M subs. Strong moat via personalization & content. Revenue +19% YoY, 31.1% gross margin, 11.4% op margin in Q3. Expects €100B revenue, 40% GM, 20% OM in 10 years. Expensive at 77x FY24 EPS, wait for dip to $420.

Read full article (14 min)