Spotify shares up 24% in November, with solid Q3 and growing …

Dec 2, 2024  · Spotify shares up 24% in November, with solid Q3 and growing Premium revenue


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Spotify Shares Up 24% In November, With Solid Q3 And Growing …

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Dec 2, 2024  · Spotify shares up 24% in November, with solid Q3 and growing Premium revenue

investing.com

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Spotify Shares Up 24% In November, With Solid Q3 And Growing …

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Dec 2, 2024  · The firm's decision to increase the target follows Spotify's performance in November, where the stock saw an approximate 24% rise. According to InvestingPro data, …

investing.com

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Spotify Stock Cracks $465 Following Strong Q3 2024 Earnings

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Nov 13, 2024  · Spotify stock jumped to a record $465 per share following the release of a strong Q3 2024 earnings report and an aggressive growth forecast. ... 172% jump since mid …

digitalmusicnews.com

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Spotify Stock Pops As Subscribers Jump - Investopedia

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Nov 12, 2024  · Spotify's Results Come After Price Increases . The results come after Spotify raised the price for individual Premium subscriptions to $11.99 per month from $10.99 in July. …

investopedia.com

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Spotify Stock Hits $400 Ahead Of Critical Q3 Earnings Report

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Nov 7, 2024  · Spotify stock has cracked $400 per share for the first time, and all eyes are now on the business’s upcoming Q3 2024 earnings report. Spotify shares (NYSE: SPOT) have …

digitalmusicnews.com

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Spotify (SPOT) PT Raised To $560 At Canaccord Genuity

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Dec 2, 2024  · The analyst commented: "Spotify shares were up ~24% in November. Spotify reported generally solid Q3 results, with MAUs and Premium Subscribers broadly in line with …

streetinsider.com

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Spotify Technology Rallies After Earnings: 'Ample Capacity

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November 13, 2024 11:13 AM 2 min ... Spotify Technology’s Q3 premium subscribers and MAUs came in ahead of expectations. ... Shares of Spotify had jumped 7.64% to $451.49 at the time …

benzinga.com

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SPOT Earnings: Spotify Soars 6% On Strong Q3 Earnings And

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Nov 13, 2024  · Spotify delivered a solid Earnings Per Share (EPS) in Q3, coming in at €1.54. However, this fell short of analysts’ consensus estimate of $1.80. Despite missing …

nasdaq.com

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Spotify Shares Surge Following Strong Q3 Earnings And Subscriber …

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Nov 24, 2024  · Spotify's recent Q3 earnings reveal a 19% revenue growth and a surge of 6 million new subscribers, pushing its total to 252 million. ... Investor News for a New Age. SPOT …

folikoinsights.com

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Spotify Stock Soars As Analysts Crank Up Volume Of Bullish Ratings

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Nov 13, 2024  · Spotify offers an ad-supported service in addition to its commercial-free subscription service. On the stock market today, Spotify stock popped 11.4% higher to close at …

investors.com

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Spotify Achieves Record Profitability In Q3 2024

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Nov 12, 2024  · Spotify Technology SA has released an update. Spotify Technology SA reported a robust Q3 2024 performance with total revenue reaching €3.988 billion, marking a 19% year …

businessinsider.com

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Spotify Reports Robust Revenue Growth In Q3 2024 - Nasdaq

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Nov 13, 2024  · Spotify Technology SA (SPOT) has released an update.Spotify Technology S.A. reported a significant rise in revenue for the third quarter of 2024, reaching €3.988 billion, up …

nasdaq.com

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Spotify - Updates, News, Events, Signals & Triggers - Crunchbase

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Spotify reported record gross margin, profit, and cash flow for Q2, alongside double-digit user growth. The company also experienced a 24% increase in shares in November, attributed to …

crunchbase.com

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Spotify Stock Surges Again. What's Behind The Rally?

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Nov 13, 2024  · Spotify's (SPOT 0.10%) earnings were strong once again, as the company's focus on profits and cash flow paid off. But it was the level of margin expansion that shocked investors.

fool.com

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Spotify Insiders Just Sold $550 Million Worth Of Company Stock

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Nov 19, 2024  · The massive Spotify stock selloff emerged in a fresh set of SEC disclosures and arrives on the heels of a solid Q3 ... at the same point in November 2023. ... sells 22,000 …

digitalmusicnews.com

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Spotify Shares Surge On Subscriber Gains, First Annual Profit

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3 days ago  · Spotify can “pick up the pace dramatically when it comes to our product velocity,” he said. ... Spotify shares, which gained 138% last year, rose as much as 11% to a record high of …

yahoo.com

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Spotify Shares Surge As Q4 Revenue Beats, Guidance Impresses

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3 days ago  · The music streaming giant posted revenue of €4.24 billion, surpassing analyst estimates of €4.14 billion and marking a 16% increase YoY. However, adjusted earnings per …

investing.com

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Spotify Reports First Full-Year Profit - WSJ

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Spotify Technology SPOT13.24%increase; green up pointing triangle reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy ...

wsj.com

FAQs about Spotify shares up 24% in November, with solid Q3 and growing … Coupon?

How did Spotify perform in Q4 2024?

Investing.com -- Spotify Technology S.A. reported fourth-quarter 2024 results that exceeded revenue expectations and provided upbeat guidance, sending shares soaring over 10% Tuesday. The music streaming giant posted revenue of €4.24 billion, surpassing analyst estimates of €4.14 billion and marking a 16% increase YoY. ...

How did Spotify perform in the third quarter?

Spotify (SPOT) added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday. Monthly active users climbed 11% year-over-year to 640 million, and premium subscriptions came in at 252 million, compared to expectations of 251.1 million. ...

How did Spotify perform in Q3?

Spotify's Q3 results showed 19% revenue growth and 11.5% growth in monthly active users, with new features enhancing user experience and reducing churn. Despite SPOT's ongoing legal battles with the Mechanical Licensing Collective, I project 16% annual revenue growth, driven by subscriber gains, price increases, and advertising expansions. ...

Did Spotify add more subscribers in 3rd quarter?

Spotify added more subscribers than analysts expected in the third quarter. The audio streaming giant's subscriber outlook also came in slightly ahead of projections. Shares surged in extended trading Tuesday and have more than doubled in value since the start of the year. ...

Is Spotify a good stock to buy for Q1?

Overall, SPOT is projecting achievable figures for Q1, but it will remain to be seen if they are able to achieve them. The greatest risk to Spotify is its valuation, which is rather rich, even for a tech company. Since it hasn't made a full-year profit until now, the stock was entirely priced on its potential. ...

Why did Spotify's revenue rise 17% in Q4?

This surprise was accompanied by the announcement that the figure would be 17% if currencies were adjusted to be constant. Premium user revenue for Spotify was up in 2024, rising 17% YoY in Q4. This was driven primarily by subscriber gains, as mentioned before, but also by gains in Spotify's average-revenue-per-user ("ARPU"). ...

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