Professional
Added to YB: 2024-07-08
Pitch date: 2024-07-08
SPOT [bullish]
Spotify Technology S.A.
+53.93%
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
$83.2B
Pitch Price
$315.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
33.72
P/E
38.46
EV/Sales
4.51
Sector
Entertainment
Category
growth
Show full summary:
Spotify: Margin Expansion and Shareholder Returns Ahead (Baron's Capital)
SPOT: Gross margin improving to 30% via artist promo marketplace, ads & podcasts. Layoffs & efficiency boosting profitability. Price hikes with low churn show product strength. Audiobooks & AI DJ innovations. Baron's sees 1B MAUs (from 600M), margin expansion, better partner leverage. Expect capital returns within a year.
Read full article (1 min)