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How to buy Spotify Technology (SPOT) stocks

Spotify Technology stock has moved 3.92% from yesterday's closing price. Learn how to easily invest in Spotify Technology stock.

Spotify Technology is an internet content & information business based in the US. Spotify Technology stocks (SPOT.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $115.56 – a decrease of 4.07% over the previous week. Spotify Technology employs 9,058 staff and has a trailing 12-month revenue of around $10.7 billion.

How to buy stocks in Spotify Technology

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SPOT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Spotify Technology stock price (NYSE:SPOT)

Use our graph to track the performance of SPOT stocks over time.

Spotify Technology shares at a glance

Information last updated 2022-08-07.
Latest market close$115.56
52-week range$89.03 - $305.60
50-day moving average $106.79
200-day moving average $166.75
Wall St. target price$142.29
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-0.59

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy Spotify Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Spotify Technology price performance over time

Historical closes compared with the close of $115.56 from 2022-08-09

1 week (2022-08-04) -5.59%
1 month (2022-07-11) 16.55%
3 months (2022-05-07) N/A
6 months (2022-02-07) -32.62%
1 year (2021-08-11) -46.00%
2 years (2020-08-11) -54.45%
3 years (2019-08-09) 155.01
5 years (2017-08-07) N/A

Spotify Technology financials

Revenue TTM $10.7 billion
Gross profit TTM $2.6 billion
Return on assets TTM -1.09%
Return on equity TTM -1.24%
Profit margin -0.29%
Book value $11.92
Market capitalisation $22.9 billion

TTM: trailing 12 months

Spotify Technology share dividends

We're not expecting Spotify Technology to pay a dividend over the next 12 months.

Spotify Technology share price volatility

Over the last 12 months, Spotify Technology's shares have ranged in value from as little as $89.03 up to $305.6. A popular way to gauge a stock's volatility is its "beta".

SPOT.US volatility(beta: 1.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Spotify Technology's is 1.826. This would suggest that Spotify Technology's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Spotify Technology overview

Spotify Technology S. A. , together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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