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Spotify Technology (SPOT)

(Delayed Data from NYSE)

$321.88 USD

321.88
1,986,250

-7.07 (-2.15%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $321.96 +0.08 (0.02%) 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

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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C Value A Growth A Momentum A 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 35% (87 out of 250)

Industry: Technology Services

Better trading starts here.

Zacks News

Is Parsons (PSN) Stock Outpacing Its Business Services Peers This Year?

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

Shaun Pruitt headshot

2 Standout Stocks to Buy After Beating Earnings Expectations

Now looks like a promising time to invest in the increased profitability of HCA Healthcare (HCA) and Spotify Technology (SPOT) after beating Q2 earnings expectations on Tuesday.

Earnings Data Deluge

Earnings Data Deluge.

Mark Vickery headshot

Pre-Markets Dropping as Q2 Earnings Heat Up

Apparently, the markets are in a mood to give back some of the gains they earned just yesterday, even with SPOT notching a +32% EPS surprise.

Spotify (SPOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Spotify (SPOT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Spotify (SPOT) Q2 Earnings Surpass Estimates

Spotify (SPOT) delivered earnings and revenue surprises of 32.41% and 0.51%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Mark Vickery headshot

Markets Bounce Back; Cadence, Nucor Beat, NXP In-Line

The Nasdaq came back +280 points, or +1.58% today, while small-caps once again felt their oats.

Shuvra Shankar Dey headshot

Pre-Q2 Earnings: Is Spotify (SPOT) a Portfolio Must-Have?

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

Zacks Investment Ideas feature highlights: Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon

Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon are part of the Zacks Investment Ideas article.

Spotify (SPOT) Loses -7.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Spotify (SPOT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Benjamin Rains headshot

3 Top Tech Stocks Down at Least 20% to Buy Now Before Earnings

Investors who can stomach the possibility of more near-term selling and volatility should start buying great stocks on sale right now.

Spotify, and Duluth Holdings have been highlighted as Zacks Bull and Bear of the Day

Spotify, and Duluth Holdings have been highlighted as Zacks Bull and Bear of the Day

Benjamin Rains headshot

Bull of the Day: Spotify Technology S.A. (SPOT)

Spotify's commitment to efficiency and profits, mixed with a string of price hikes are leading to soaring earnings growth. SPOT is also set to double its revenue between 2020 and 2025. SPOT stock has soared 300% off its 2022 lows. Yet, its recent pullback has Spotify 20% below its all-time highs.

Spotify (SPOT) Stock Moves -1.26%: What You Should Know

Spotify (SPOT) reachead $294.74 at the closing of the latest trading day, reflecting a -1.26% change compared to its last close.

Benjamin Rains headshot

Finding the Best Top-Ranked Stocks to Buy in July

Exploring how investors can use a Zacks screen to help find some of the best Zacks Rank #1 (Strong Buy) stocks to buy in July and throughout the second half of 2024.

Alphabet (GOOGL) Aids Google Services With YouTube Music Efforts

Alphabet (GOOGL) boosts its YouTube capabilities to expand its subscriber base, thereby strengthening its Google Services segment.

SiriusXM (SIRI) to Broadcast 152nd Open Golf Championship

SiriusXM (SIRI) is set to exclusively broadcast the 152nd open golf championship, which will be played at Royal Troon Club from Jul 18 to Jul 21, 2024.

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.

Vaishali Doshi headshot

Add These 4 Top-Ranked Liquid Stocks to Strengthen Portfolio

Here are four top-performing liquid stocks, Abercrombie & Fitch (ANF), American Public Education (APEI), Spotify (SPOT) and Oddity Tech (ODD), which investors can add to their portfolio to augment returns.

Zacks Investment Ideas feature highlights: Amazon, Spotify and ASML

Amazon, Spotify and ASML have been highlighted in this Investment Ideas article.

Ethan Feller headshot

3 Tech Stocks Investors Can Buy Now (Amazon, Spotify, ASML Holdings)

The tech sector continues to surge, but with so many options, where should you invest? Amazon, Spotify, and ASML Holdings look appealing at these levels.

Wall Street Analysts Think Spotify (SPOT) Is a Good Investment: Is It?

Based on the average brokerage recommendation (ABR), Spotify (SPOT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Spotify (SPOT) Suffers a Larger Drop Than the General Market: Key Insights

Spotify (SPOT) reachead $300.98 at the closing of the latest trading day, reflecting a -1.31% change compared to its last close.

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