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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.

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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%.

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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

Best Momentum Stocks to Buy for July 5th

MTZ, IMMR and SPOT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 5, 2024.

Nalak Das headshot

5 Momentum Stocks to Buy for July After a Steady June

We have narrowed our search to five large-cap stocks that have strong momentum for July. These stocks are: WMS, VST, GOLD, CHWY, SPOT.

Spotify (SPOT) Declines More Than Market: Some Information for Investors

In the most recent trading session, Spotify (SPOT) closed at $313.79, indicating a -0.5% shift from the previous trading day.

Spotify (SPOT) Is Considered a Good Investment by Brokers: Is That True?

Based on the average brokerage recommendation (ABR), Spotify (SPOT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Accolade (ACCD) Reports Q1 Loss, Tops Revenue Estimates

Accolade (ACCD) delivered earnings and revenue surprises of 27.08% and 5.20%, respectively, for the quarter ended May 2024. Do the numbers hold clues to what lies ahead for the stock?

Sirius XM's (SIRI) Content Expansion to Aid Subscriber Revenues

Sirius XM (SIRI) expands its content with The Andy Richter Call-In Show, which is expected to aid the company's topline growth.

SNAP Unveils Latest Safety Features to Protect Young Users

SNAP launches its latest suite of safety features to safeguard young users and the whole community from online harms.

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5 Top Picks From Thriving Technology Services Space in 2024

We have narrowed our search to five technology services stocks that have a solid upside left for the rest of 2024. These stocks are: APP, DUOL, APTV, SPOT, SPXC.

Spotify (SPOT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Spotify (SPOT) reachead $314.99 at the closing of the latest trading day, reflecting a -0.87% change compared to its last close.

Alphabet's (GOOGL) Growing YouTube Efforts Boost Prospects

Alphabet (GOOGL) boosts its YouTube capabilities to expand its subscriber base, thereby strengthening its Google Services segment.

Is Spotify Technology (SPOT) Stock Outpacing Its Business Services Peers This Year?

Here is how Spotify (SPOT) and Paymentus (PAY) have performed compared to their sector so far this year.

Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It

Spotify (SPOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

SiriusXM (SIRI) Embraces Unified ID 2.0 for Audio Advertising

Sirius XM's (SIRI) advertising arm, Sirius XM Media, announces its partnership with The Trade Desk to adopt Unified ID 2.0 across its Pandora Media LLC platform.

Spotify (SPOT) Stock Sinks As Market Gains: Here's Why

Spotify (SPOT) concluded the recent trading session at $311.22, signifying a -0.58% move from its prior day's close.

Wall Street Analysts See Spotify (SPOT) as a Buy: Should You Invest?

Based on the average brokerage recommendation (ABR), Spotify (SPOT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Spotify (SPOT) Surpasses Market Returns: Some Facts Worth Knowing

Spotify (SPOT) closed the most recent trading day at $310, moving +0.32% from the previous trading session.

Sirius XM's (SIRI) Content Expansion Boosts Near-Term Prospects

Sirius XM (SIRI) expands its content with a new podcast in collaboration with the National Baseball Hall of Fame and Museum, which is expected to aid the company's near-term prospects.

Spotify (SPOT) Stock Sinks As Market Gains: Here's Why

Spotify (SPOT) closed at $324.75 in the latest trading session, marking a -0.59% move from the prior day.

Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.

Sirius XM (SIRI) Expands in North America With New Studio

Sirius XM (SIRI) expands in North America with a new state-of-the-art broadcast studio in Las Vegas, which is located inside Wynn Las Vegas.

Company News for June 4, 2024

Companies In The Article Are:NVDA, MRK,MRNA, SPOT, SRCL and WM

Are Business Services Stocks Lagging Spotify Technology (SPOT) This Year?

Here is how Spotify (SPOT) and Seagate (STX) have performed compared to their sector so far this year.

Surging Earnings Estimates Signal Upside for Spotify (SPOT) Stock

Spotify (SPOT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Spotify (SPOT) Dips More Than Broader Market: What You Should Know

Spotify (SPOT) closed at $307.52 in the latest trading session, marking a -0.89% move from the prior day.

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4 Top-Performing Liquid Stocks to Strengthen Portfolio Returns

Here are four top-performing liquid stocks, Alpha and Omega Semiconductor (AOSL), Alphabet (GOOGL), Netflix (NFLX) and Spotify (SPOT), which investors can add to their portfolio to boost returns.