Spotify Technology Sa Stock Today

SPOT Stock  USD 476.96  1.72  0.36%   

Performance

23 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 13

 
High
 
Low
Low
Spotify Technology is selling for under 476.96 as of the 30th of November 2024; that is 0.36% up since the beginning of the trading day. The stock's last reported lowest price was 473.33. Spotify Technology has less than a 13 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Note, on September 11, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Spotify Technology's common stock.
Business Domain
Media & Entertainment
IPO Date
3rd of April 2018
Category
Communication Services
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg. Spotify Technology is traded on New York Stock Exchange in the United States. The company has 202.08 M outstanding shares of which 4.34 M shares are at this time shorted by private and institutional investors with about 1.8 trading days to cover. More on Spotify Technology SA

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Spotify Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanDaniel Ek
Business ConcentrationMovies & Entertainment, Internet Content & Information, Communication Services, NYSE Composite, Communication Services, Entertainment, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.561.5872
Fairly Down
Slightly volatile
Gross Profit Margin0.180.2564
Way Down
Slightly volatile
Total Current Liabilities2.7 B4.1 B
Way Down
Slightly volatile
Non Current Liabilities Total959.2 M1.7 B
Way Down
Slightly volatile
Total Assets5.5 B8.3 B
Way Down
Slightly volatile
Total Current Assets3.1 B5.3 B
Way Down
Slightly volatile
Debt Levels
Spotify Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Spotify Technology's financial leverage. It provides some insight into what part of Spotify Technology's total assets is financed by creditors.
Liquidity
Spotify Technology SA currently holds 1.7 B in liabilities with Debt to Equity (D/E) ratio of 0.83, which is about average as compared to similar companies. Spotify Technology has a current ratio of 1.28, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Spotify Technology's use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

(510.77 Million)
Spotify Technology SA (SPOT) is traded on New York Stock Exchange in USA. It is located in 5, Place de la Gare, Luxembourg, Luxembourg, 1616 and employs 7,242 people. Spotify Technology is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 96.38 B. Spotify Technology conducts business under Entertainment sector and is part of Communication Services industry. The entity has 202.08 M outstanding shares of which 4.34 M shares are at this time shorted by private and institutional investors with about 1.8 trading days to cover. Spotify Technology SA currently holds about 2.48 B in cash with 680 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.98.
Check Spotify Technology Probability Of Bankruptcy
Ownership Allocation
Spotify Technology shows a total of 202.08 Million outstanding shares. Over half of Spotify Technology's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. On September 11, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Spotify Technology's common stock.
Check Spotify Ownership Details

Spotify Stock Institutional Holders

InstituionRecorded OnShares
Schroder Investment Management Group2024-06-30
1.8 M
Winslow Capital Management, Llc2024-06-30
1.8 M
Fmr Inc2024-09-30
1.6 M
Lone Pine Capital Llc2024-09-30
1.6 M
Artisan Partners Limited Partnership2024-09-30
1.5 M
Marshall Wace Asset Management Ltd2024-06-30
1.5 M
Amf Pensionsforsakring Ab2024-09-30
1.5 M
D. E. Shaw & Co Lp2024-09-30
1.3 M
Technology Crossover Management Xi, Ltd.2024-09-30
1.3 M
Morgan Stanley - Brokerage Accounts2024-06-30
16.5 M
Baillie Gifford & Co Limited.2024-09-30
15.6 M
View Spotify Technology Diagnostics

Spotify Technology Historical Income Statement

At this time, Spotify Technology's Research Development is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 97.7 M in 2024, whereas Tax Provision is likely to drop slightly above 26 M in 2024. View More Fundamentals

Spotify Stock Against Markets

Spotify Technology Corporate Directors

Additional Tools for Spotify Stock Analysis

When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.