Spotify Technology S.A (NYSE: SPOT) has a higher price-to-earnings ratio of 143.05x compared to its average ratio, The 36-month beta value for SPOT is at 1.62. Analysts have varying views on the stock, with 18 analysts rating it as a “buy,” 8 rating it as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for SPOT is 141.76M, and currently, shorts hold a 4.69% of that float. The average trading volume for SPOT on January 28, 2025 was 2.60M shares.
SPOT) stock’s latest price update
Spotify Technology S.A (NYSE: SPOT)’s stock price has surge by 2.63relation to previous closing price of 513.98. Nevertheless, the company has seen a 8.20% surge in its stock price over the last five trading sessions. zacks.com reported 2025-01-28 that Spotify (SPOT) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SPOT’s Market Performance
Spotify Technology S.A (SPOT) has seen a 8.20% rise in stock performance for the week, with a 14.27% gain in the past month and a 39.97% surge in the past quarter. The volatility ratio for the week is 3.89%, and the volatility levels for the past 30 days are at 3.06% for SPOT. The simple moving average for the past 20 days is 10.18% for SPOT’s stock, with a 43.48% simple moving average for the past 200 days.
Analysts’ Opinion of SPOT
Pivotal Research Group, on the other hand, stated in their research note that they expect to see SPOT reach a price target of $565, previously predicting the price at $510. The rating they have provided for SPOT stocks is “Buy” according to the report published on November 13th, 2024.
Pivotal Research Group gave a rating of “Buy” to SPOT, setting the target price at $510 in the report published on September 19th of the previous year.
SPOT Trading at 10.89% from the 50-Day Moving Average
After a stumble in the market that brought SPOT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.11% of gains for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 3.89%, as shares surge +14.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.68% upper at present.
During the last 5 trading sessions, SPOT rose by +7.26%, which changed the moving average for the period of 200-days by +74.30% in comparison to the 20-day moving average, which settled at $478.54. In addition, Spotify Technology S.A saw 17.91% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPOT starting from Daniel Ek, who proposed sale 60,000 shares at the price of $487.51 back on Jan 22 ’25. After this action, Daniel Ek now owns shares of Spotify Technology S.A, valued at $29,250,600 using the latest closing price.
Daniel Ek, the Director and Chief Executive O of Spotify Technology S.A, proposed sale 60,000 shares at $463.93 during a trade that took place back on Jan 08 ’25, which means that Daniel Ek is holding shares at $27,835,800 based on the most recent closing price.
Stock Fundamentals for SPOT
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.29 for the gross margin
The net margin for Spotify Technology S.A stands at 0.05. The total capital return value is set at 0.13. Equity return is now at value 20.53, with 7.70 for asset returns.
Based on Spotify Technology S.A (SPOT), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 1.02. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 5.38.
Currently, EBITDA for the company is -298.0 million with net debt to EBITDA at -3.07. When we switch over and look at the enterprise to sales, we see a ratio of 6.34. The receivables turnover for the company is 19.46for trailing twelve months and the total asset turnover is 1.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In conclusion, Spotify Technology S.A (SPOT) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
