Back to top
more

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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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

Warner Music Group (WMG) Introduces Podcast, Underwater

Warner Music Group's (WMG) podcast network, Interval Presents, brings Alexandra Shipp and Jason Derulo together for the new romantic thriller podcast, Underwater.

Company News for Jul 26, 2023

Companies in The News Are: RTX,MMM,UPS,SPOT

The Zacks Analyst Blog Highlights Spotify, Apple Music, Amazon Music, Sony and Live Nation

Spotify, Apple Music, Amazon Music, Sony and Live Nation are included in this Analyst Blog.

Here's What Key Metrics Tell Us About Spotify (SPOT) Q2 Earnings

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

Sanghamitra Saha headshot

Tune Into Stocks From the Global Music Industry for Huge Gains

As music world resonates with growth, savvy investors can play stocks like Spotify (SPOT), Apple Music (AAPL), Amazon Music (AMZN), Sony Corporation (SONY) and Live Nation (LYV).

Spotify (SPOT) Reports Q2 Loss, Lags Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of -111.25% and 2.28%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Why Earnings Season Could Be Great for Spotify Technology (SPOT)

Spotify Technology (SPOT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Check Point (CHKP) to Report Q2 Earnings: What's in the Offing?

Check Point's (CHKP) second-quarter performance is likely to have benefited from increased demand for network security solutions amid the growing hybrid working trend.

Spotify (SPOT) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

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.

Soumyadeep Bose headshot

5 Technology Service Stocks Poised to Surpass Q2 Estimates

Having the right combination of Earnings ESP and a Zacks Rank, SPXC, TT, APTV, RIOT and SPOT are poised to beat their Q2 estimates.

Andrew Rocco headshot

Profiting from the 3rd Wave of the App Economy

The third wave of the application economy will be driven by the onset of VR headsets and Artificial Intelligence. Because of their partnerships with tech juggernauts, two companies stand to benefit the most.

Spotify (SPOT) Stock Jumps 5.1%: Will It Continue to Soar?

Spotify (SPOT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Zacks Investment Ideas feature highlights: Fox, Warner Bros Discovery, New York Times, Spotify and Alphabet

Fox, Warner Bros Discovery, New York Times, Spotify and Alphabet have been highlighted in this Investment Ideas article.

Andrew Rocco headshot

New Media vs. Old Media: Winners & Losers

Shake-ups in traditional media are hitting a fever pitch. Will legacy media fall victim to disruption?

Sirius XM's (SIRI) Miami Studios to be Launched by Howard Stern

Sirius XM (SIRI) announces that its new Miami studios will be launched by Howard Stern on May 1.

Spotify (SPOT) Reports Q1 Loss, Lags Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of -22.77% and 3.82%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

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.