SPOT Stock Recent News

Spotify Technology's Q2 revenue miss was driven by FX headwinds, not demand, while user and Premium subscriber growth both exceeded expectations. Gross margin expanded to 31.5% and free cash flow hit a record €700 million, with core profitability trends remaining strong despite headline P&L noise. Upcoming price hikes outside North America are set to materially boost EBIT, highlighting Spotify's pricing power and long-term earnings potential.

Spotify Technology SA announced on Monday that it will raise premium subscription prices across multiple international markets, a move that pushed its shares up as much as 7.88%. The Swedish streaming giant is updating prices in regions including South Asia, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific over the coming month.

Spotify announced on Monday that its premium subscription prices will increase for users in multiple markets across the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region.

Companies often engage in share buybacks when they see upside in their stock. This perception often manifests in one of two key ways: their shares are dropping or rising.When a company's shares are dropping, management can see a buying opportunity as they believe markets are overreacting to bad news.

Spotify Technology SA (NYSE:SPOT) has announced that it will raise some subscription prices from September. The Swedish streaming group said in a statement to investors that subscribers to its Premium service in "multiple markets" across South Asia, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region will be informed of the increase in the coming month.

Spotify will raise monthly price of its premium individual subscription in select markets from September, the Swedish streaming giant said on Monday.

According to Luminate, a research company for the entertainment industry, 65% of all global audio music streams happen on Spotify (SPOT 0.19%), making it the largest platform of its kind. Its dominance has proven very rewarding for investors, who have enjoyed a gain of 80% in its stock price over the last year alone.

Throughout the year, Spotify's cumulative return has never fallen into the red, and as of the July 28 close, shares were up nearly 57%. However, the company's latest earnings have put a significant blemish on the stock's otherwise incredibly strong showing.

Wall Street analysts rerated Spotify Technology SPOT after the company's quarterly results. The stock gained on Wednesday.

DOCU's deep Microsoft and Salesforce ties, 30% free cash flow margin, and 101% net retention boost its long-term value case.