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SPOT

HOLD

Spotify Technology S.A. · Communication Services · Sweden · $94.6B · Avg Vol: $915M/d

40
StockRank
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Q
74
V
15
M
44
P/E (TTM)
33.0x
ROE
38.0%
D/E
0.1x
Dividend %
—
Dir. Trades · 180d
−$61M →
Buybacks · 180d
None →

COMPANY DESCRIPTION

Spotify Technology S.A. is the world's leading audio streaming subscription service, providing millions of users with access to music, podcasts, and audiobooks. The company leverages a powerful two-sided network effect, connecting content creators directly with a massive, highly engaged global user base. Its competitive moat is reinforced by proprietary personalization algorithms, extensive user data, and a dominant market share in the digital audio ecosystem.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue13.4B15.1B17.9B19.6B13.6%20.0B22.2B25.3B13.7%
EPS-2.54-3.116.4612.2789.9%14.7214.9818.5422.9%
Shares193.3M197.1M203.8M205.8M+6.5%205.6M———
Debt1.9B1.9B2.4B2.2B5.1%542.1M———
Equity2.7B2.9B6.3B9.5B51.4%————
Op CF52.4M774.5M2.6B3.3B299.5%3.7B———
Inv CF-481.8M-247.2M-1.7B-2.0B—————
Fin CF-45.6M266.5M830.3M-433.9M—————
Loading 1Y...
PRICE (1Y)-5.3%
441460479498517May 27Jun 17Jul 9
SMA 50SMA 200
Close
$485.88
RSI (14)
63.3
52W High
$748.30
From 52W High
0.6%

SCORE BREAKDOWN

Quality
74
ROIC
25.3%90.2
ROE
38.0%94.8
GP/Assets
43.0%76.6
Op. Margin
15.8%70.5
FCF/Assets
5.4%53.8
Piotroski
653.1
Int. Cover
50.0x84.9
D/E Ratio
0.06x76.1
Current Ratio
2.06x62.2
Value
15
P/E (TTM)
33.0x24.8
EV/EBITDA
33.8x13.3
P/FCF
116.9x7.3
P/B
9.6x7.5
P/S
5.0x17.9
Div Yield
—N/A
Momentum
44
52W High %
65%37.2
RS 6M
-24%39.7
SMA 50/200
0.86x24.0
EPS Rev 4W
-1.5%44.6
EPS Rev 12W
—N/A
EPS Improve
+23%35.7
Q Growth
220%89.8

FUNDAMENTALS

Market Cap
$94.6B
P/E (Forward)
26.8x
Gross Margin
32.3%

SECTOR PEERS

Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of SPOT are excluded.

TickerCompanyMkt CapStockRankSignal
SPOTSpotify Technology S.A.(you)$94.6B40HOLD
NBISNebius Group N.V.$61.0B28SELL
BIDUN.MXBaidu, Inc.$37.2B29SELL
6098.TRecruit Holdings Co., Ltd.$95.1B71BUY
035420.KSNAVER Corporation$19.1B33SELL
1024.HKKuaishou Technology$22.5B50HOLD
TCEHYN.MXTencent Holdings Limited$496.8B48HOLD
REA.AXREA Group Limited$12.1B39HOLD
PINS.MXPinterest, Inc.$11.6B39HOLD
RDDTReddit, Inc.$32.1B64HOLD

Peer medians: ROE 7.3% · P/E 17.3x · Gross margin 45.8%

Spotify Technology S.A. (SPOT) — Stock Score Summary

Spotify Technology S.A. (SPOT) has a MoatMap StockRank of 40/100 based on Quality (74/100), Value (15/100), and Momentum (44/100) factor scores. The current signal is HOLD.

Spotify Technology S.A. is the world's leading audio streaming subscription service, providing millions of users with access to music, podcasts, and audiobooks. The company leverages a powerful two-sided network effect, connecting content creators directly with a massive, highly engaged global user base. Its competitive moat is reinforced by proprietary personalization algorithms, extensive user data, and a dominant market share in the digital audio ecosystem.

Key Financial Metrics

Price$485.88
Market Cap$94.6B
P/E (TTM)33.01
P/E (Forward)26.79
Price/Book9.62
Return on Equity38.0%
Return on Invested Capital25.3%
Debt/Equity5.94
Gross Margin32.3%
Operating Margin15.8%
Revenue Growth8.2%
Free Cash Flow$809M

Spotify Technology S.A. operates in the Internet Content & Information industry, part of the Communication Services sector (Sweden).

Frequently Asked Questions

What is Spotify Technology S.A.’s (SPOT) StockRank?
MoatMap’s StockRank for Spotify Technology S.A. (SPOT) is 40/100, with a Hold signal. It is a composite of Quality (74), Value (15), and Momentum (44) factor ranks across MoatMap’s 20,000+ stock universe.
Does Spotify Technology S.A. have an economic moat?
Spotify Technology S.A. (SPOT) has a Quality factor score of 74/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Spotify Technology S.A. a buy, hold, or sell?
MoatMap’s current signal for Spotify Technology S.A. (SPOT) is Hold, based on a StockRank of 40/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Spotify Technology S.A. in?
Spotify Technology S.A. (SPOT) operates in the Communication Services sector, specifically the Internet Content & Information industry (Sweden).
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