SPOT News and Press, Spotify Technology S.A.

2024-07-16 05:15:00 ET Spotify (NYSE: SPOT) has built the leading podcast business with its audio platform, creative tools, and advertising network, but Amazon (NASDAQ: AMZN) is trying to get into the game. An $80 million deal with Dax Shepard shows the company's interest in...

2024-07-15 21:41:14 ET Summary Spotify's price increases and bundling strategy represent a well-calculated move to enhance revenue and improve gross margins. Investors should take Spotify's pricing power as a testament to the company's market leadership and its ability to leverage...

2024-07-14 13:13:00 ET Satellite radio veteran Sirius XM Holdings (NASDAQ: SIRI) broke out of a long standstill in 2023, but not in a good way. After trading sideways for two and a half years, Sirius' stock chart started to buckle. The trading pattern turned volatile last year, fall...

2024-07-13 19:40:57 ET Spotify Technology SA (NYSE: SPOT) has already gained about 60% this year but a Wolfe Research analyst is convinced it’s not done pleasing its shareholders just yet. Deepak Mathivanan reiterated his “buy” rating on the music streaming plat...

2024-07-13 14:31:00 ET The S&P500 ( SP500 ) closed in the green on Friday, after investors digested quarterly results from big banks and data showing consumer prices cooling down in June, bolstering bets for a September rate cut. For the week, the Nasdaq ( COMP:IND ) los...

2024-07-11 12:58:19 ET Jefferies on Thursday came out with a bullish stance on Spotify ( NYSE: SPOT ), Warner Music ( NASDAQ: WMG ), and Universal Music ( OTCPK:UMGNF ), rating them all as "buy," with Spotify being the top pick out of the three music streamers.... ...

2024-07-11 06:30:06 ET Jefferies analyst issues BUY recommendation for SPOT on July 11, 2024 04:56AM ET. SPOT was trading at $304.99 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 24 - Buy, 4 - Hold reco...

2024-07-10 12:56:00 ET Summary Goldman hikes target amid Tesla's 10-day winning streak. Treasury yields are under a little pressure as Fed chief Jay Powell speaks to Congress again. Samsung employees walk out in attempt to pressure company for higher wages and better benefits....

2024-07-10 11:00:15 ET Agnieszka Pustula from Redburn Partners issued a price target of $230.00 for SPOT on 2024-07-10 09:05:00. The adjusted price target was set to $230.00. At the time of the announcement, SPOT was trading at $306.47. The overall price target consensus...

2024-07-10 09:42:14 ET Music streaming companies Spotify ( NYSE: SPOT ) and Warner Music Group ( NASDAQ: WMG ) were both downgraded to "Sell" by analysts at Redburn Atlantic on Wednesday, citing a competitive environment for the industry and structural challenges that will c...