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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.

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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%.

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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

Jacobs (J), CDM Smith JV Wins PA TAC V Under FEMA Program

The JV of Jacobs (J) and CDM Smith continues to support FEMA's mission-critical disaster response and sustained national preparedness programs.

Strength Seen in Spotify (SPOT): Can Its 8.2% Jump Turn into More Strength?

Spotify (SPOT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Company News for Apr 4, 2024

Companies In The News Are: AYI, INTC, ULTA, SPOT.

Zacks Industry Outlook Highlights AppLovin, Spotify and Duolingo

AppLovin, Spotify and Duolingo have been highlighted in this Industry Outlook article.

3 Stocks to Buy From the Prospering Technology Services Market

The technology services market has thrived post-pandemic due to remote work adoption and advanced tech like 5G, blockchain, AI and ML, fueled by rising data security concerns. APP, SPOT and DUOL have gained from the momentum.

Spotify and Herbalife have been highlighted as Zacks Bull and Bear of the Day

Spotify and Herbalife are part of the Zacks Bull and Bear of the Day article.

Andrew Rocco headshot

Bull of the Day: Spotify (SPOT)

Spotify's embrace of new media has propelled it to the forefront of the digital audio landscape, revolutionizing how we consume content.

Sanghamitra Saha headshot

Will 2024 Be a Year of 'Electric Eleven'? Tech ETFs to Gain

As the tech sector evolves, the "Electric Eleven" represents an example of resilience and innovation in the tech space, per Evercore ISI, as quoted in a Yahoo Finance article.

Are Business Services Stocks Lagging Paymentus (PAY) This Year?

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

John Blank headshot

Bitcoin's Bid Hits All-Time Highs: Global Week Ahead

Crypto fans say the industry has matured, but central bankers and regulators are still wary. Now investors are wondering: how much bigger can it get and is it different this time?

Sirius XM (SIRI) Introduces Multi-Platform National Ad Campaign

Sirius XM (SIRI) unveils a comprehensive advertising campaign called Closer across various platforms.

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

Here is how Spotify (SPOT) and Trane Technologies (TT) have performed compared to their sector so far this year.

Are You Looking for a Top Momentum Pick? Why Spotify (SPOT) is a Great Choice

Does Spotify (SPOT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are Business Services Stocks Lagging Mastercard (MA) This Year?

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

The Zacks Analyst Blog Highlights Amazon.com, Abercrombie & Fitch, Cadence Design, DHI Group and Spotify

Amazon.com, Abercrombie & Fitch, Cadence Design, DHI Group and Spotify are included in this Analyst Blog.

Tirthankar Chakraborty headshot

Year of the Dragon is a Boon for Wall Street: 5 Growth Picks

Invest in growth stocks such as Amazon (AMZN), Abercrombie & Fitch (ANF), Cadence Design Systems (CDNS), DHI Group (DHX) and Spotify Technology (SPOT) as the stock market performs well in the Year of the Dragon.

Can Spotify (SPOT) Run Higher on Rising Earnings Estimates?

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

SNAP's Q4 Earnings Surpass Estimates, Revenues Rise Y/Y

SNAP's fourth-quarter 2023 results reflect steady user growth and an increase in Snapchat+ users amid a fall in average revenues per user.

Earnings Data Deluge

Earnings Data Deluge.

Mark Vickery headshot

Earnings, Fed Speakers Dominate Activity; Lilly Beats, Spotify Misses

Investors of Lilly (LLY) are responding to the eye-opening efficacy of obesity drugs Mounjaro and Zepbound.

Spotify (SPOT) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Spotify (SPOT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Spotify (SPOT) Reports Q4 Loss, Misses Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of -387.50% and 0.11%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Shaun Pruitt headshot

Highly Ranked Stocks to Watch as Earnings Approach

Set to release their quarterly results on Tuesday, February 6, here are several standout stocks that investors will certainly want to pay attention to.

Spotify (SPOT) to Report Q4 Earnings: What's in the Offing?

Spotify's (SPOT) fourth-quarter 2023 revenues are likely to increase year over year.

Is Mastercard (MA) Stock Outpacing Its Business Services Peers This Year?

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