Back to top
more

Spotify Technology (SPOT)

(Real Time Quote from BATS)

$380.22 USD

380.22
796,040

-4.28 (-1.11%)

Updated Nov 4, 2024 03:26 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value A Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 28% (70 out of 250)

Industry: Technology Services

Better trading starts here.

Zacks News

Spotify (SPOT) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Spotify (SPOT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Amazon's (AMZN) Spatial Audio Available for More Subscribers

Amazon's (AMZN) music streaming service, Amazon Music, makes its music mixed in spatial audio available on multiple devices for Unlimited tier subscribers.

Alphabet's (GOOGL) YouTube Music to Roll Out New Features

Alphabet's (GOOGL) subsidiary Google is going to roll out the background listening feature on YouTube Music in Canada to provide an enhanced music experience to users in the country.

ROKU Brings New TV Streaming Brand Campaign Ahead of Holidays

ROKU launches a TV marketing campaign aimed at highlighting the company's recent product launches and innovations to create long-term brand awareness.

ViacomCBS (VIAC) Launches Paramount+, Showtime Bundle Plan

ViacomCBS (VIAC) offers Paramount+ and Showtime streaming services in an affordable bundle to boost user growth and subscription revenues.

Sweta Killa headshot

Gaming ETFs to Gain Post Apple-Epic Games Ruling

Gaming stocks jumped in the Sep 10 trading session, following the Apple (AAPL)-Epic Games lawsuit ruling.

Apple (AAPL) App Store Prospects Clouded by Epic Games Ruling

Apple (AAPL) has to allow third-party payment options offered by developers in their mobile applications, per a recent ruling by a U.S. federal judge.

Electronic Arts (EA) and Zoink Games Launch Lost in Random

Electronic Arts (EA) is expected to benefit from an expanding portfolio with the launch of FIFA 22 on Oct 1.

Benjamin Rains headshot

Bull of the Day: Roku, Inc. (ROKU)

ROKU traded at new highs just around a month ago. But the streaming TV firm's stock fell heading into its Q2 release in early August and then tumbled after its results on the back of what appear to be more near-term concerns...

Benjamin Rains headshot

Bull of the Day: Apple (AAPL)

Apple's recent report further cements the strength of its non-iPhone business. Despite trading near its new records, its valuation picture appears solid and it could be prepared to keep climbing...

Benjamin Rains headshot

Buy Cheap Tech Stock Sonos Down 25% for Growth Upside?

Despite the pullback, SONO boasts some solid fundamentals heading into its Q3 FY21 financial release on August 11 that might make this tech stock trading for $33 a share appealing...

Benjamin Rains headshot

2 Highly-Ranked Stocks to Buy in August and Hold

Here are two highly-ranked Zacks stocks that have climbed to new highs in July that investors might want to buy in August...

Spotify (SPOT) Reports Q2 Loss, Tops Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of 55.77% and 1.95%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Should You Buy Spotify Technology (SPOT) Ahead of Earnings?

Spotify Technology (SPOT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Benjamin Rains headshot

Better Big Tech Buy Before Earnings: Shopify vs. Amazon

Breaking down both Shopify (SHOP) and Amazon (AMZN) ahead of their upcoming financial results to see if either stock might be worth buying...

Sheraz Mian headshot

Big Tech Earnings Preview: Apple, Amazon and Other Market Movers

Beyond the big 5 Tech players, total Q2 earnings for the Technology sector as a whole are expected to be up +37.3% from the same period last year on +19.5% higher revenues...

Spotify (SPOT) to Report Q2 Earnings: What's in the Offing?

Spotify's (SPOT) second-quarter 2021 revenues are likely to have increased year over year.

Benjamin Rains headshot

Buy Apple and Microsoft Stock Now Before Earnings as Tech Soars?

Diving into two of the biggest names on Wall Street ahead of their upcoming financial releases to see if Apple and Microsoft might be worth buying even at new highs...

Rogers Communications (RCI) Q2 Earnings Miss, Revenues Rise Y/Y

Rogers Communications (RCI) second-quarter 2021 results reflect strength in the company's Wireless and Cable services segments, which boosted top-line growth.

Spotify (SPOT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Spotify (SPOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Apple (AAPL) to Report Q3 Earnings: What's in the Offing?

Apple's (AAPL) third-quarter fiscal 2021 earnings are expected to have benefited from strength in Services and strong sales of the 5G-enabled iPhone 12.

Apple (AAPL) Raises iPhone Production Order to a Record 90M

Apple (AAPL) raises upcoming iPhone manufacturing order to 90 million devices compared with roughly 75 million last year, driven by expectation of continuing strong demand.

Benjamin Rains headshot

2 Tech Stocks to Buy at Discounts and Hold for Long-Term Growth

Some tech names with impressive growth outlooks are still trading at discounts. Let's dive into two of these stocks investors might want to consider as long-term buy and hold candidates...

Facebook (FB) Launches Live Audio Rooms, Podcasts in the US

Facebook (FB) launches Live Audio Rooms and podcasts on its platform for public figures and select users in the United States in an attempt to expand its presence in the live audio services market.

IHS Markit (INFO) to Post Q2 Earnings: What's in the Offing?

IHS Markit Ltd.'s (INFO) second-quarter fiscal 2021 earnings and revenues are expected to have increased year over year.