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Spotify Technology S.A. SPOT NYSE

NYSE • Communication Services • Internet Content & Information • LU • USD

SharesGrow Score
73/100
5/7 Pass
SharesGrow Intrinsic Value
$418.77
-18.1%
Analyst Price Target
$650.64
+27.2%

Spotify Technology S.A. (SPOT) is a publicly traded company in the Communication Services sector, operating within the Internet Content & Information industry. The company is headquartered in Luxembourg City, Luxembourg. The current CEO is Alex Norström.

SPOT has IPO date of 2018-04-03, 7,258 full-time employees, listed on the NYSE, a market capitalization of $105.28B.

About Spotify Technology S.A.

Spotify Technology S.A. is a Luxembourg-based audio streaming company that operates globally across 184 countries and territories. The company offers two primary service segments: a Premium subscription tier providing unlimited ad-free access to music and podcasts both online and offline, and an Ad-Supported tier offering on-demand music and unlimited podcast streaming with advertisements. As of December 31, 2021, Spotify served 406 million monthly active users and 180 million premium subscribers. Beyond streaming, the company provides additional services including sales, marketing, research and development, and customer support to enhance its platform and user experience.

📍 42-44, avenue de la Gare, Luxembourg City 1610 📞 46702204607
Company Details
SectorCommunication Services
IndustryInternet Content & Information
CountryLuxembourg
ExchangeNYSE
CurrencyUSD
IPO Date2018-04-03
CEOAlex Norström
Employees7,258
Trading Info
Current Price$511.36
Market Cap$105.28B
52-Week Range405-785
Beta1.70
ETFNo
ADRNo
CUSIPL8681T102
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