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Spotify Technology (SPOT)

(Delayed Data from NYSE)

$296.07 USD

296.07
1,499,685

+1.90 (0.65%)

Updated May 3, 2024 04:00 PM ET

After-Market: $295.43 -0.64 (-0.22%) 7:04 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

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1-Strong Buy of 5 1        

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 B 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 34% (86 out of 251)

Industry: Technology Services

Better trading starts here.

Zacks News

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These 3 Companies Shattered Quarterly Records

We've seen many positive quarterly prints so far into the Q1 earnings cycle, including record-breaking numbers from these three companies.

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Top 5 Momentum Stocks for May After a Disappointing April

We have narrowed our search to five large-cap stocks that have strong momentum for May. These are: GOOGL, COIN, WAB, SPOT, AEM.

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Should You Buy Social Media ETF (SOCL) Now?

Global X Social Media ETF (SOCL) has added 1.3% in the past week. While a huge crash in Meta weighed on the fund lately, strength in other constituents like Snap, Spotify and Pinterest should keep the fund steady.

Is First Trust Consumer Discretionary AlphaDEX ETF (FXD) a Strong ETF Right Now?

Smart Beta ETF report for FXD

The Zacks Analyst Blog Highlights Crane, Spotify, Wells Fargo, Westinghouse Air Brake and Gold Fields

Crane, Spotify, Wells Fargo, Westinghouse Air Brake and Gold Fields are included in this Analyst Blog.

Earnings Estimates Moving Higher for Spotify (SPOT): Time to Buy?

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

Best Momentum Stocks to Buy for April 29th

FTAI, SPOT and ASMIY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 29, 2023.

Is It Worth Investing in Spotify (SPOT) Based on Wall Street's Bullish Views?

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?

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.

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5 Solid Stocks to Buy Despite Adverse Economic Data

We have narrowed our search to five large-cap stocks with more than 20% returns year to date. These are: WAB, WFC, SPOT, GFI, CR.

New Strong Buy Stocks for April 29th

MHO, UHS, YOU, SPOT and AY have been added to the Zacks Rank #1 (Strong Buy) List on April 29, 2023.

Sirius XM (SIRI) to Report Q1 Earnings: What's in Store?

Sirius XM's (SIRI) first-quarter 2024 results are likely to be hurt by lower ad revenues and subscriber growth.

Stock Market News for Apr 24, 2024

U.S. stocks closed higher for the second straight session on Tuesday, powered by a tech rally as a batch of solid corporate earnings overshadowed concerns over higher interest rates.

Why Investors Need to Take Advantage of These 2 Business Services Stocks Now

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Tech Companies Start Reporting Q1 Earnings

Tech Companies Start Reporting Q1 Earnings

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Pre-Markets Up, Q1 Earnings Beats for GM, UPS, Pepsi

Ahead of economic prints like Friday's PCE report, Q1 earnings are starting to come in hot and heavy.

Spotify (SPOT) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Spotify (SPOT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Spotify (SPOT) Surpasses Q1 Earnings and Revenue Estimates

Spotify (SPOT) delivered earnings and revenue surprises of 66.67% and 2.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Spotify (SPOT) to Report Q1 Earnings: What's in the Offing?

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

Earnings Preview: Nov Inc. (NOV) Q1 Earnings Expected to Decline

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.

Stay Ahead of the Game With Spotify (SPOT) Q1 Earnings: Wall Street's Insights on Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Spotify (SPOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Spotify (SPOT) Declines More Than Market: Some Information for Investors

Spotify (SPOT) concluded the recent trading session at $293.58, signifying a -1.51% move from its prior day's close.

Spotify (SPOT) Reports Next Week: Wall Street Expects Earnings Growth

Spotify (SPOT) 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) Surpasses Market Returns: Some Facts Worth Knowing

In the most recent trading session, Spotify (SPOT) closed at $303.57, indicating a +1.19% shift from the previous trading day.

Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.