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Spotify Technology (SPOT)

(Delayed Data from NYSE)

$375.40 USD

375.40
1,565,757

+6.87 (1.86%)

Updated Oct 1, 2024 04:00 PM ET

After-Market: $375.99 +0.59 (0.16%) 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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4-Sell of 5       4  

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 D 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 28% (71 out of 251)

Industry: Technology Services

Better trading starts here.

Zacks News

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.

PTC Set to Report Q2 Earnings: Here's What You Should Know

PTC's fiscal second-quarter performance is likely to have benefited from increased demand for its products and services. Global macro weakness is likely to have acted as a dampener,

Nov Inc. (NOV) Reports Next Week: Wall Street Expects Earnings Growth

Nov Inc. (NOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Key Factors to Note Ahead of Cadence's (CDNS) Q1 Earnings

Cadence's (CDNS) Q1 performance is likely to have gained from its diversified product portfolio amid increasing design activity. However, global macro weakness may have acted as a headwind.

Spotify (SPOT) Expected to Beat Earnings Estimates: Should You Buy?

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.

Iridium (IRDM) to Report Q1 Earnings: What's in the Offing?

Iridium's (IRDM) first-quarter 2023 performance is likely to have gained from increasing subscriber base and a robust demand for consumer-oriented devices. However, global macro weakness is expected to have remained a concern.

SAP Set to Report Q1 Earnings: Here's What You Should Know

SAP's first-quarter performance is likely to have benefited from increased demand for cloud services. However, prevailing global macroeconomic challenges may have acted as a dampener.

Here's What to Expect From Seagate's (STX) Q3 Earnings Release

Seagate's (STX) Q3 performance is likely to have borne the brunt of global macroeconomic weakness and inventory adjustments by customers.

Key Factors to Note Ahead of Badger Meter's (BMI) Q1 Earnings

Badger Meter's (BMI) first-quarter performance is likely to have benefited from increased demand for its digital smart water solutions.

SNAP Expands Sounds Library With New Music Licensing Deals

SNAP signs multiple licensing deals with music labels to expand its Sounds library, the social app's product that lets users use song clips in Snaps and Stories.

Sirius XM (SIRI) to Broadcast Major League Baseball 2023 Season

Sirius XM (SIRI) to broadcast the entire 2023 Major League Baseball season nationwide on SiriusXM radios and the SXM app.

Andrew Rocco headshot

3 Segments of Software Set to Soar

After a rough 2022, software stocks have come back with a vengeance in 2023. Currently, many fundamentally sound companies are setting up in constructive technical patterns.

Sirius XM (SIRI) and Toyota Collaborate to Celebrate Hybrids

Sirius XM (SIRI) and Toyota to partner for a digital marketing campaign, showcasing the real meaning of hybrid starting from Feb 22.

Spotify (SPOT) Reports Q4 Loss, Lags Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of -11.72% and 0.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ADTRAN Holdings (ADTN) Earnings Expected to Grow: What to Know Ahead of Q4 Release

ADTRAN Holdings (ADTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Spotify (SPOT) Expected to Beat Earnings Estimates: Should You Buy?

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.

Pre-Markets in Green to Start a Fresh Week

Pre-Markets in Green to Start a Fresh Week

Mark Vickery headshot

Pre-Markets Stay Positive After Strong Friday Trading

This week, Q4 earnings season picks up pace, with Microsoft (MSFT) and Tesla (TSLA) putting out results on Tuesday and Wednesday afternoon, respectively.

Warner Bros. Discovery (WBD) Explores Sale of Music Library

Warner Bros. Discovery (WBD) is exploring buyers for the sale of its music library that could fetch it $1 billion to help reduce its high debt.

Alphabet (GOOGL) Boosts YouTube Music With Redesigned Library

Alphabet's (GOOGL) subsidiary Google is rolling out a redesigned Library tab to provide an enhanced experience to iOS and Android users.

Alphabet's (GOOGL) Music Streaming Boosted With Latest Move

Alphabet's (GOOGL) Google tests a feature called live lyrics in order to deliver an enhanced music streaming experience.

Sejuti Banerjea headshot

Apple up Nearly 5%: Should You Buy the Shares?

Apple shares are responding to the Fed.

Alphabet (GOOGL) Boosts YouTube Music With 2022 Recap Features

Alphabet's (GOOGL) subsidiary Google is rolling out 2022 Recap features on YouTube Music to let users view personalized music stats of the entire year.

Sirius XM (SIRI) Partners With Maxar to Build Two Satellites

Sirius XM (SIRI) enters an agreement with Maxar Technologies to get two more geostationary communications satellites.

Spotify (SPOT) Reports Q3 Loss, Tops Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of -12.50% and 0.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?