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Streaming is still growing rapidly and accounts for almost half of global music revenue. Spotify controls roughly 32% of the streaming market.
Investors are enjoying strong gains in artificial intelligence (AI) stocks at the moment. Duolingo and Spotify are embedding AI into their businesses to deliver unique experiences to their users.
With over 100 million tracks, the musical journey on Spotify can be daunting. Most listeners stick to established patterns, but AI wants to change that.
Amid the rise of TikTok's presence in the music industry, Spotify plans to add new features to empower its listeners' creative side. Renita Young profiles the reported DJ-type offerings headed to Spotify soon.
In the most recent trading session, Spotify (SPOT) closed at $303.57, indicating a +1.19% shift from the previous trading day.
Spotify's (SPOT) sentiment remains negative in most of media, “but positioning may need a more nuanced consideration of catalyst paths,” according to a Barclays analyst. Kevin green discusses this and demonstrates a bullish example trade using Spotify.
Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Spotify has confirmed prices for its premium streaming service are to rise for the second time in under a year. All three premium subscription tiers in the UK are going up with an individual plan to rise by 9% to £11.99/ a month, while Duo plans are 13% higher at £16.99/m and family plans 11% more at £19.99/m.
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?
Analysts at Pivotal Research see Spotify's free cash flow soaring as premium subscription prices are raised. While Spotify is free cash flow positive, the company is still reported net losses.