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Spotify Technology (SPOT)

(Delayed Data from NYSE)

$384.50 USD

384.50
1,545,200

-0.60 (-0.16%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $385.50 +1.00 (0.26%) 7:58 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%

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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

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Buy Apple (AAPL) Stock at New Highs Ahead of Earnings on Services Growth?

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Apple (AAPL) to Report Q4 Earnings: What's in the Offing?

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Can Solid Product Portfolio Aid Baidu's (BIDU) Q3 Earnings?

Strong product portfolio is likely to have aided Baidu's (BIDU) Q3 earnings. Higher expenses, slowing China economy and increasing competition from other players are expected to have been headwinds.

Should You Buy Spotify (SPOT) Ahead of Earnings?

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

What's in the Offing for Alphabet's (GOOGL) Q3 Earnings?

Alphabet's (GOOGL) focus on artificial intelligence and cloud is likely to have aided third-quarter earnings. However, higher expenses and litigation charges are expected to have been headwinds.

Spotify (SPOT) to Report Q3 Earnings: What's in the Cards?

Spotify's (SPOT) third-quarter 2019 revenues are likely to have increased year over year.

4 Business Services Stocks Set to Top Q3 Earnings Estimates

Business services sector earnings are expected to benefit from economic strength and stability, robust service activities.

Spotify (SPOT) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

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.

Can Facebook's Libra be a Winner in Emerging Markets?

Libra could be the ideal digital currency to benefit emerging markets owing to its technical expertise and secure blockchain technology.

Factors Setting the Tone for Omnicom's (OMC) Earnings in Q3

Omnicom's (OMC) third-quarter 2019 earnings to reflect benefits from favorable business mix and operational efficiency.

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An Early Apple (AAPL) Q4 2019 Earnings Preview: iPhone Sales, Services Growth & More

Shares of Apple (AAPL) hover just below their 52-week highs as Wall Street prepares for the busy part of the September quarter earnings season. So here's a somewhat early Apple Q4 2019 earnings preview, including iPhone sales, services growth, and more...

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Buy Spotify Stock on the Dip Even as Apple, Amazon Boost Streaming Push?

Is it time for investors buy streaming music giant Spotify stock on the dip even as Apple and Amazon boost their streaming offerings...

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Amazon Roundup: Hardware Event, Amazon Care, Music, Alexa, Partnerships, Acquisitions, Climate Change

Amazon had a great product launch event, announced a new wireless standard, Amazon Care for Seattle employees, an initiative to bundle digital voice assistants and much more.

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AMZN's HD Push Heats Up Battle Against AAPL, SPOT & Others

Amazon's (AMZN) Amazon Music HD is likely to give tough competition to Apple, Spotify, Google and Sirius, which are also making every effort to bolster their presence in music streaming space.

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Roku (ROKU) Shares Plummet as More Companies Enter the Streaming Race

Roku (ROKU) shares closed down almost 14% on Wednesday as social media giant Facebook (FB) announced that they would be jumping on the streaming bandwagon.

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What's Next for Apple (AAPL) Stock: Holiday Shopping, iPhone 11, Apple TV+

Associate Stock Strategist Ben Rains dives into Apple's (AAPL) new iPhone 11s, as well as its streaming TV service and video game push. The episode also breaks down what's next for Apple stock and why the tech firm looks strong heading into the holiday shopping season. - Full-Court Finance

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Buy $1 Trillion Apple (AAPL) Stock on iPhone 11 & Streaming TV Potential?

Apple (AAPL) is once again a $1 trillion company, joining Microsoft (MSFT), with shares up 8% in the past month. So is now the time to buy Apple stock after it showed off its new iPhone 11s and its streaming TV service, Apple TV+?

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LATAM Streaming Space Heats Up With Amazon Prime in Brazil

Amazon (AMZN), Netflix, Apple and Spotify are making every effort to capitalize on LATAM streaming space.

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Is Apple (AAPL) Stock a Safe Buy After Bond Sale, Ahead of iPhone Event?

Is it time to buy Apple (AAPL) stock after bond sale, ahead of iPhone event...

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Slack's First Earnings As A Public Company After The Bell Wednesday

There is a ton of growth priced into this stock and earnings after the bell on Wednesday will further prove or disprove this valuation.

EU Turns Nastier for U.S. Tech & Media Giants

U.S. tech and media giants - Facebook (FB), Amazon (AMZN), Alphabet (GOOGL), Netflix (NFLX) among others are hurt by EU antitrust regulatory activities.

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What to Expect from Salesforce's (CRM) Q2 Earnings Thursday

Salesforce (CRM) stock is up 5.1% YTD, lagging behind the S&P 500???s 14% climb. Shares of Salesforce are also down roughly 14% from their 52-week highs. The customer relationship management firm is set to report its Q2 2020 earnings results after the close on Thursday, August 22.

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How to Trade Unicorns Before They IPO

A growing herd of unicorns and their founders and investors are finding liquidity without rushing to IPO

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Uber Crashes: Time to Buy the Dip With IPO ETFs?

Uber stock slumped after second-quarter earnings and revenue miss. The dip can be used to get into the IPO ETF.