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Spotify Technology (SPOT)

(Delayed Data from NYSE)

$342.49 USD

342.49
1,489,933

+0.29 (0.08%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $342.38 -0.11 (-0.03%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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1-Strong Buy of 5 1        

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

F Value A Growth F Momentum C 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 27% (68 out of 251)

Industry: Technology Services

Better trading starts here.

Zacks News

Apple (AAPL) Rumored to Launch Three New iPhones This Year

Apple's fortunes are tied to iPhone and the three new planned device launches are likely to perk up sales in the upcoming holiday season.

    Benjamin Rains headshot

    Microsoft Pulls An Apple: Time to Buy MSFT Stock?

    Shares of Microsoft (MSFT) popped nearly 1% Monday following news that the company is set to roll out a subscription service for Xbox that mimics how Apple (AAPL) treats the iPhone these days. The move could help Microsoft attract more users and create more customer loyalty in its gaming division, but MSFT stock looks like it might be a buy even without its latest Xbox announcement

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      Better Buy: Apple (AAPL) vs. Amazon (AMZN) Stock

      Apple (AAPL) and Amazon (AMZN) are two of the richest companies in the world, and both have helped shape the modern economy. Both stocks would have also been some of the best investments ever, had investors bought AAPL or AMZN years ago, but it's not too late to get in on the action. So let's see which stock looks like the better buy at the moment.

        Apple Hits 52-Week High on Solid Service Revenues, iPhone ASP

        Apple (AAPL) benefits from strength in its growing services segment and higher average selling price of iPhone.

          Benjamin Rains headshot

          Assessing Spotify (SPOT) Stock After Samsung Partnership

          Shares of Spotify (SPOT) climbed over 5% Thursday after the company announced a new partnership with Samsung in an effort to expand its reach as it tries to fight off Apple (AAPL) Music's rapid ascendance.

            Benjamin Rains headshot

            Apple (AAPL) Stock Remains A Buy Even At New High

            Apple (AAPL) has seen its stock price soar over 10% since it reported impressive quarterly financial results at the end of July. The iPhone giant's performance has it trading over $200 per share for the first time in company history. Yet, Apple stock still looks like a buy even at its new all-time high for an array of reasons.

              Sejuti Banerjea headshot

              Apple Roundup: Valuation, Smartphones, Hate Speech, TSMC

              This roundup covers Apple's trillion-dollar valuation, its smartphone share loss to Huawei, its actions against hate speech and the impact of the virus that attacked key supplier TSMC.

                Benjamin Rains headshot

                Apple Hit $1 Trillion: Growth In Asia & China Key Going Forward

                Apple (AAPL) became the first publicly listed U.S. company to reach $1 trillion in market cap Thursday after it reported strong quarterly financial results earlier in the week. But as iPhone unit sales slow, some of Apple's biggest growth opportunities might be found in Asia.

                  Zacks Investment Ideas feature highlights: Spotify, Apple, Amazon, Sonos and Google

                  Zacks Investment Ideas feature highlights: Spotify, Apple, Amazon, Sonos and Google

                    Nimah Quadri headshot

                    Can Pandora (P) Catch Up to Its Rivals Fast Enough?

                    After reporting results that beat top and bottom line estimates yesterday, shares of Pandora Media (P) surged almost 20% early morning Wednesday.

                      Benjamin Rains headshot

                      Why Apple Pay, AirPods, & Services Are More Vital Than Ever

                      Apple (AAPL) saw its stock price climb Wednesday as it inches ever closer to that elusive $1 trillion market cap. The firm's iPhone revenues surged once again during its fiscal Q3, but investors seem much more excited about Apple's growing Services unit, which features Apple Music, Apple Pay, along with other newer businesses.

                        Benjamin Rains headshot

                        Apple Posts Strong Quarter, But Is It Still Too Dependent on the iPhone?

                        Shares of Apple (AAPL) surged to a new all-time high Wednesday after the company reported quarterly financial results that impressed many investors Tuesday. Yet as Apple nears its historic $1 trillion market cap, it is worth examining how reliant Apple still is on the iPhone even as it expands its offerings with Services and other new growth units.

                          Chloe Shin headshot

                          3 Key Factors for Sonos Ahead of the Speaker Giant's IPO

                          Famous for its sound systems with high-end audio quality, home speaker company Sonos has announced it is going public. Sonos, founded in 2002, is a pioneer in the speaker industry thanks to its wireless audio systems.

                            Benjamin Rains headshot

                            iPhone Sales, Services Revenue, & Other Key Estimates For Apple's Q3

                            Shares of Apple (AAPL) slipped Monday after dipping late last week as investors assess what to make of AAPL stock and its upcoming financial results after Facebook (FB) and Twitter's (TWTR) massive selloffs. So let's take a look at what investors should expect from some of Apple's biggest business units, including iPhone and Services, to see if there is real cause for concern.

                              Can Apple's (AAPL) Q3 Earnings Cash in on Services Momentum?

                              Apple's (AAPL) third-quarter fiscal 2018 results are expected to benefit from strong momentum in the Services business driven by solid growth in App Store and Apple Music.

                                Benjamin Rains headshot

                                Should You Buy Apple (AAPL) Stock Ahead of Earnings?

                                Shares of Apple (AAPL) dipped 1.7% during regular trading hours Friday in a sign that investors might be nervous about the iPhone giant ahead of its quarterly earnings release Tuesday. So let's see what they should really expect from Apple's fiscal Q3 financial results and assess if AAPL stock might be worth buying.

                                  Ryan McQueeney headshot

                                  Mixed FANG Earnings, Oil Stocks Stutter, & Grubhub Goes Shopping

                                  Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including Grubhub's shiny new acquisition, Spotify's impressive user growth, and mixed reactions to earnings announcements from FANG stocks and oil giants.

                                    What's in the Cards for Pandora (P) This Earnings Season?

                                    Pandora's (P) second-quarter 2018 results are expected to gain from increasing subscription revenues. However, competition remains a concern.

                                      Benjamin Rains headshot

                                      Spotify: It's Premium User Growth & Nothing Else, For Now

                                      Shares of Spotify (SPOT) surged to a new all-time high Thursday after the company reported its Q2 financial results. The streaming music service topped some of its own user growth projections, but Spotify faces more competition than ever, which includes tech powers Apple (APPL) and Amazon (AMZN).

                                        Zacks Market Edge Highlights: Walmart, Amazon, Netflix, Spotify and Facebook

                                        Zacks Market Edge Highlights: Walmart, Amazon, Netflix, Spotify and Facebook

                                          Ryan McQueeney headshot

                                          Will Spotify Stock Move Higher After Its Second-Ever Earnings Report?

                                          After suffering sharp losses in early morning trading, Spotify (SPOT) shares fought to finish just above their previous close on Wednesday, the last day before the music streaming giant is scheduled to release its second-ever earnings report as a publicly-traded company. Here's what to expect on Thursday morning.

                                            Tracey Ryniec headshot

                                            This Week's Hottest Earnings Charts

                                            Will another earnings beat push these 5 stocks to even greater heights?

                                              Tracey Ryniec headshot

                                              How Investors Can Tap into India's Economic Boom

                                              With 1.3 billion people and a huge middle class, global brands are looking to India for growth. But how can stock investors get in on the action?

                                                Business Services Q2 Earnings on Jul 26: NLSN, RSG & More

                                                Business Services sector's second-quarter earnings prospect is impressive. Let's see what's in store for NLSN, RSG, SPGI, XRX and SPOT.

                                                  Is the Options Market Predicting a Spike in Spotify (SPOT) Stock?

                                                  Investors need to pay close attention to Spotify (SPOT) stock based on the movements in the options market lately.