Added to YB: 2024-03-11
Pitch date: 2024-03-10
SPOT [bullish]
Spotify Technology S.A.
+123.27%
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
$100.1B
Pitch Price
$258.50
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. - $SPOT
SPOT: Defying market trends, Spotify sees record MAU growth. Shift to podcasts & audiobooks nears breakeven, promising better margins. Targeting 1B MAUs by 2030, valuation at 3.4 P/S seems conservative. Parallels Amazon's diversification strategy for exponential growth potential.
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