
Spotify (SPOT) Stock Forecast & Price Target
Spotify (SPOT) Analyst Ratings
Bulls say
Spotify Technology has demonstrated robust performance with an impressive increase of 38 million monthly active users (MAUs), reaching a new high of 751 million, alongside a growth in premium subscribers to 290 million. The company's premium gross margins expanded by 160 basis points, indicating improved profitability, while advertising revenue also showed healthy quarter-over-quarter growth. Forward-looking projections suggest continued margin expansion, with management anticipating significant growth in free cash flow and overall revenue, further bolstered by innovative enhancements to their consumer offerings.
Bears say
Spotify Technology faces several fundamental risks that contribute to a negative outlook on its stock. Key concerns include the potential for a slowdown in subscription revenues without further price increases, along with a deceleration in both monthly active users (MAUs) and premium subscriber growth. Additionally, increased content costs could moderate gross margin expansion, while a mix-shift may lead to a decline in average revenue per user (ARPU).
This aggregate rating is based on analysts' research of Spotify and is not a guaranteed prediction by Public.com or investment advice.
Spotify (SPOT) Analyst Forecast & Price Prediction
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