Spotify Technology S.A. (SPOT)
Spotify Technology S.A. operates in the Internet Content & Information industry of the Communication Services sector, headquartered in Stockholm, AB, SE. The stock last traded at $518.95, up 1.86% on the session, giving a market capitalisation of $106.69B. On trailing twelve-month figures it carries a trailing P/E of 27.78, a net margin of 18.4%. Its beta of 1.59 implies it has historically moved more than the broad market.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
Spotify Technology S.A. is most often compared with the following Communication Services names: