Openbookopenbook
Equity
Spotify Technology SA(SPOT)
USD --+0.00%
Reward65Moderate
Risk30Moderate
📊75%Data
SPOT
+0.0 · +0.00%
USD · NYSE
Spotify Technology SA | Communication Services
Growth Machine
Market Cap:106.02Bn
ℹ️
Reward Rating
65
Moderate
Top 50% (model universe)
75% data coverage
ℹ️
Risk Rating
30
Moderate
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data and financial metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

ℹ️ Educational tool only · More
Limited data coverage
We don't have enough public data on SPOT to score it reliably yet — Reward, Risk, Forecasts and Dividends tabs aren't available for this stock. The price chart and basic profile are still shown.
OTC / ADR stock — scores and fundamentals use data tagged in USD by our provider. The issuer may report in a different home currency (e.g. JPY), so treat figures as directional rather than precise.
Not available for limited-coverage stocks
The overview tab requires fundamentals and price history we don't have for this stock. The price chart is the most reliable view we have — try the Chart tab.

Market Performance

Stock returned +10.0% over the past year, broadly in line with market conditions.

Analyst Target

Analyst consensus price target: €650.01.

What is Spotify Technology SA?

, together with its subsidiaries, provides audio streaming subscription services worldwide.

SPOT · Verdict

Solid reward · low risk

SPOT stands out on balance sheet and cash flow, but watch the volatility signal.

Based on 88% data coverage

SPOT · Verdict

What’s working & what to watch

Strengths 4

  • Balance sheet89/100

    Interest covered 9.4×

  • Cash flow87/100

    17% free-cash-flow margin

  • Growth85/100

    Revenue +12.1% CAGR

  • Profitability72/100

    13% net margin · 32% ROE

Watchouts 2

  • Volatility20/100

    Weak vs peers

  • Valuation28/100

    P/E 31.2× · PEG 1.94

Model-based scoring. For information only — not financial advice.

What is Spotify Technology SA?

, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The company is listed on the NYSE in USA, operating in the Communication Services sector, with a market capitalisation of 106.02B, and a P/E ratio of 41.5x.

Financial Highlights

Investment Breakdown

📈 Growth
Revenue and earnings growing steadily, indicating improving operating performance.
💰 Profitability
Strong margins and consistent earnings support financial stability.
⚠️ Risk
Below-average volatility supports a steadier risk profile.
💸 Valuation
Premium valuation reflects strong growth expectations already priced in.

OpenBook Logo Analysis

Reward: Moderate (65)

The scoring profile indicates moderate reward potential, with growth and profitability as the leading contributors. Risk indicators are low, suggesting a relatively contained downside profile.

For informational purposes only. Not financial advice.

Company Information
SectorCommunication Services
Market Cap106.02B
P/E Ratio41.494
Dividend YieldN/A
52 Week High785
52 Week Low405
Last AnnualDecember
IPO Date4/3/2018
IncorporatedUSA
Shares Outstanding206M
No. of Employees7,000
IndustryInternet Content & Information
ExchangeNYSE
Beta1.666
CurrencyUSD · Reports in EUR
Websitewww.spotify.com
openbook

Stock research for everyday UK investors. Make smarter decisions, faster.

Questions? Email us at contact@openbookanalytics.com

© 2026 Openbook Analytics Ltd · Company No. SC843579 · Registered in Scotland

256-bit encryption GDPR compliant UK data centres

Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.