Spotify (SPOT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on April 23, 2024, might help the stock move higher if these key numbers are better than expect ...

Things look to be turning around for this household-name company. Last year was a big one for the music industry. The global recorded music market grew 10.2% in 2023 to reach $28.6 billion, according to IFPI, which represents the recording industry. That's up from the 9% boost the industry experienced the previous year. Unsurprisingly in this digital age, the bulk of the growth came from streaming. Revenue from streaming subscriptions increased 11.2% and accounted for roughly half of total music revenue. Th ...

Spotify音乐推荐工具 - Spotify拥有约1亿首歌曲和超过6亿订阅用户，个性化推荐对于帮助用户发现喜爱的音乐成为了一个导航挑战[1] - Spotify的推荐工具套件不断增长，包括Home feed、Discover Weekly、Blend、Daylist和Made for You Mixes，这些工具的使用效果逐渐显现[2] - Spotify近年来一直在投资人工智能和机器学习，最近推出的AI DJ可能是其迄今为止最大的赌注，旨在让订阅用户更好地个性化听歌体验和发现新音乐[3]

Spotify (SPOT) ended the recent trading session at $303.57, demonstrating a +1.19% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.74%. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, added 1.68%. Prior to today's trading, shares of the music-streaming service operator had gained 16.61% over the past month. This has outpaced the Business Services sector's loss of 1.98% and the S&P 500's gain of 0.8% in that time. Investors will ...

Spotify (SPOT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this music-streaming service operator have returned +16.5%, compared to the Zacks S&P 500 composite's +1.8% change. During this period, the Zacks Technology Services industry, which Spotify falls in, has gained 0.3%. The key question now is: What could be the stock's futu ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Spotify (SPOT) . Spotify currently has an average brokerage recommendation (ABR) of 1.72, on a ...

Price hikes for premium subscribers should boost the music-streaming veteran's free cash flow. Spotify (SPOT 4.85%) has the potential to greatly increase its free cash flow generation as the music streaming leader boosts prices and better monetizes its users. That's the view of analysts at Pivotal Research, who maintained a buy rating on the stock and boosted their price target from $330 to $390 on Friday. That new price target represents a potential upside of about 26%. Pricing is on the rise While Spotify ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

A pricing increase was cheered by investors this week. Shares of Spotify (SPOT 4.03%) jumped as much as 14.1% this week after it was reported that the company is considering another price increase in 2024. According to data provided by S&P Global Market Intelligence, shares are trading up 14.3% for the week as of 10:00 a.m. ET on Friday morning and are now up a whopping 119% in the past year. Spotify's rising prices In 2023, Spotify raised prices for the first time in years, with a $1 to $2 increase in the ...

Listening to Spotify could get more expensive for some users this year. The cost of Spotify Premium subscriptions in the U.S. will rise later in the year, Bloomberg reported Wednesday, citing people familiar with the matter. Premium users in the U.K., Australia, Pakistan and two other markets will see the price increase go into effect, according to the outlet. It will reportedly roll out by the end of the month in those markets. Spotify will implement a roughly $1-per-month hike for individual subscriptions ...