Stock Analysis
Spotify Technology S.A.SPOT
Sector: Technology
AnalystsStrong Buy48 analystsPrice is 43% of the way from the year's low to its high.
PMP Verdict
Insufficient financial data
No financial statements on file for this ticker — fundamental scores are not computed.
Bull Case
- ✓ROE 41.1% — efficient capital deployment
- ✓Interest coverage 38.3× — debt well covered
What's happening with SPOT
About Spotify Technology S.A.
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers, with the latter constituting the firm's premium segment. Show more
Most of the firm's revenue and nearly all its gross profit come from subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog, but cannot customize a similar on-demand experience.
Employees: 7,302 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
Valuation
42D+P/E (TTM)—
Price / TTM EPS (own statements)
P/FCF29.7xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.4%C
Grade C: LowInverse of Finnhub P/FCF (own TTM FCF unavailable)
P/S (TTM)5.35xC
Grade C: ExpensivePrice / TTM Revenue (own statements)
EV/EBITDA34.2xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales5.1xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E38.8xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio10.04xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.12A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
32DROIC—
NOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE41.1%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA23.6%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin18.4%A
Grade A: HighNet Income / Revenue
Operating Margin—
TTM EBIT / TTM Revenue
Gross Margin32.8%C
Grade C: AverageGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
0ERevenue CAGR—
Compound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
50CAltman Z-Score—
Bankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.11xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.09xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage38.3xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.06xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
0EPiotroski F-Score—
Financial strength 0–9. >7 Strong
Beneish M-Score—
Earnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability—
EBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.28xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Soderstrom Gustav Filed | Soderstrom Gustav | Option exercise | -20910 | |
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -1517 | |
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -2610 | |
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -1850 | |
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -1666 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -1818 | |
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -6282 | |
Soderstrom Gustav Filed | Soderstrom Gustav | SellOpen market sale | -4081 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
0EROIC >12% Years—
Share of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor—
Weakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$45.66
Cash & short-term investments per share (Finnhub)
Book Value / Share$40.79
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.—
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity—
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$108.34B
Current Market Capitalization
Beta1.52C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Ratio snapshot Oct 17, 2026
Key Insights: Spotify Technology S.A. (SPOT)
SPOT is down 0.55% at the last close.
- Return on equity of 41.1% is well above the market average.
See how SPOT ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all SPOT moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 7 | Regular | 511.65 | +4.82% | 2.15 |
| Oct 7 | After-hours | 512.92 | +5.08% | 2.26 |
Frequently Asked Questions about SPOT
What is the current Spotify Technology S.A. (SPOT) stock price?
SPOT is trading at $530.46 at the last market close, down 0.55% on the session. PreMarketPrice tracks SPOT pre-market, intraday and after-hours prices.
Is SPOT stock a buy right now?
PreMarketPrice's quantitative model rates Spotify Technology S.A.'s financial health at 50/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is SPOT stock overvalued?
Spotify Technology S.A. trades at a trailing P/E of n/a and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Spotify Technology S.A. report earnings?
No confirmed earnings date is currently scheduled for SPOT. The Earnings section lists recent reports and updates as dates are announced.
What sector does Spotify Technology S.A. operate in?
Spotify Technology S.A. operates in the Technology sector. The Related Stocks section lists sector peers for comparison.
What does Spotify Technology S.A. do?
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers, with the latter constituting the firm's premium segment.
About Spotify Technology S.A. (SPOT) Stock
Spotify Technology S.A. (SPOT) is a US-listed stock operating in the Technology sector. As of the latest update, Spotify Technology S.A. is trading at $530.46, down 0.55% on the day with a market capitalization of $108.3 billion. The financial health score for SPOT is 50/100, which indicates moderate financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for SPOT stock.
SPOT Stock Analysis & Key Metrics
On PreMarketPrice, you can track Spotify Technology S.A. (SPOT) across multiple dimensions:
- Pre-market price & movement: Real-time SPOT stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for SPOT with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Spotify Technology S.A. across multiple reporting periods.
- Financial health score: A composite score of 50/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for SPOT.
- Sector peers: Compare SPOT against 2 other technology stocks on key financial metrics.
Is SPOT a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Spotify Technology S.A. (SPOT) as an investment. The financial health score of 50/100 suggests moderate financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Spotify Technology S.A. (SPOT) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.