Professional
Added to YB: 2024-05-07
Pitch date: 2024-03-31
SPOT [bullish]
Spotify Technology S.A.
+120.2%
current return
Author Info
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Company Info
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide.
Market Cap
$100.1B
Pitch Price
$262.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.60
P/E
72.67
EV/Sales
5.61
Sector
Entertainment
Category
growth
Show full summary:
Baron Opportunity Fund New Portfolio Holding: Spotify Technology S.A.
SPOT: Music streaming leader w/ 600M MAUs. Accelerating subs, improving margins via artist promos, ads, podcasts & audiobooks. Pricing power proven. Expects 1st profitable year in '24. Product innovation like AI DJ. Path to 1B users, higher prices & leverage over partners.
Read full article (2 min)