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Added to YB: 2024-01-26

Pitch date: 2024-01-26

SPOT [neutral]

Spotify Technology S.A.

+176.76%

current return

Author Info

Kroker Equity Research is a value investor that uses Discounted Cash Flow (DCF) Model or the Excess Returns Model to value stocks. Sign up for their newsletter.

Company Info

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

Market Cap

$100.1B

Pitch Price

$216.00

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 - The digital music giant from Sweden

$SPOT: Impressive cultural impact & platform, but profitability & margin expansion remain challenging. Stock up big in 2023, but valuation looks stretched based on current financials. Long-term growth potential must be weighed against competitive pressures & complex royalty model.

Read full article (19 min)