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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

Are Business Services Stocks Lagging Parsons (PSN) This Year?

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

Zacks.com featured highlights include Spotify, Interface, Tenet Healthcare, Dorman and Matson

Spotify, Interface, Tenet Healthcare, Dorman and Matson are part of the Zacks Screen of the Week article.

Nilanjan Choudhury headshot

5 Relative Price Strength Stocks to Manage Market Volatility

SPOT, TILE, THC, DORM and MATX are five stocks with explosive relative price strength.

Zacks.com featured highlights Abercrombie & Fitch, Puma Biotechnology, Spotify and Oddity

Abercrombie & Fitch, Puma Biotechnology, Spotify and Oddity are part of the Zacks Screen of the Week article.

Why Spotify (SPOT) Might be Well Poised for a Surge

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

Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should 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.

Vaishali Doshi headshot

Bet on These 4 Top-Performing Liquid Stocks for Solid Gains

Here are four top-performing liquid stocks, Abercrombie & Fitch (ANF), Puma Biotechnology (PBYI), Spotify (SPOT) and Oddity Tech (ODD), which investors can add to their portfolio to augment returns

Shuvra Shankar Dey headshot

Is Spotify (SPOT) Stock Worth Buying After Mixed Q2 Show?

Despite strong earnings, Spotify (SPOT) shares have barely moved since their latest earnings release. This raises the question: Is now a good time to invest in the stock?

Wall Street Bulls Look Optimistic About Spotify (SPOT): Should You Buy?

The average brokerage recommendation (ABR) for Spotify (SPOT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Best Momentum Stocks to Buy for July 30th

SPOT, NEM, and KREF made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 30, 2024.

Sirius XM (SIRI) to Report Q2 Earnings: What's in Store?

Sirius XM's (SIRI) second-quarter 2024 results are likely to be hurt by lower subscriber growth, offset by higher ad revenues.

New Strong Buy Stocks for July 30th

CVNA, BTG, NEM, SKIL and SPOT have been added to the Zacks Rank #1 (Strong Buy) List on July 30, 2024.

Nalak Das headshot

Buy 5 Technology Services Stocks to Enhance Your Portfolio

We have narrowed our search to five technology services stocks. These are: DUOL, SQ, SPXC, SPOT, ZETA.

Is Parsons (PSN) Stock Outpacing Its Business Services Peers This Year?

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

Shaun Pruitt headshot

2 Standout Stocks to Buy After Beating Earnings Expectations

Now looks like a promising time to invest in the increased profitability of HCA Healthcare (HCA) and Spotify Technology (SPOT) after beating Q2 earnings expectations on Tuesday.

Earnings Data Deluge

Earnings Data Deluge.

Mark Vickery headshot

Pre-Markets Dropping as Q2 Earnings Heat Up

Apparently, the markets are in a mood to give back some of the gains they earned just yesterday, even with SPOT notching a +32% EPS surprise.

Spotify (SPOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Spotify (SPOT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Spotify (SPOT) Q2 Earnings Surpass Estimates

Spotify (SPOT) delivered earnings and revenue surprises of 32.41% and 0.51%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Mark Vickery headshot

Markets Bounce Back; Cadence, Nucor Beat, NXP In-Line

The Nasdaq came back +280 points, or +1.58% today, while small-caps once again felt their oats.

Shuvra Shankar Dey headshot

Pre-Q2 Earnings: Is Spotify (SPOT) a Portfolio Must-Have?

Spotify's (SPOT) second-quarter 2024 earnings and revenues are likely to increase year over year.

Zacks Investment Ideas feature highlights: Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon

Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon are part of the Zacks Investment Ideas article.

Spotify (SPOT) Loses -7.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Spotify (SPOT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Benjamin Rains headshot

3 Top Tech Stocks Down at Least 20% to Buy Now Before Earnings

Investors who can stomach the possibility of more near-term selling and volatility should start buying great stocks on sale right now.