Page 12 - Spotify Technology News Today

Analysts’ price target changes for Wednesday, April 24th: AudioEye (NASDAQ:AEYE) had its price target raised by B. Riley from $14.00 to $18.50. They currently have a buy rating on the stock. AGNC Investment (NASDAQ:AGNC) had its price target lowered by Keefe, Bruyette & Woods from $10.00 to $9.50. They currently have an outperform rating on […]

The mood on Wall Street turned tentative on Tuesday as investors awaited earnings reports from the “Magnificent 7,” companies that fueled much of the market’s upside since 2023. Index futures rose slightly in early trading. Asian markets closed mostly higher, while European markets started on a firmer footing. Commodities pulled back, and bond yields held steady.

After a year with of layoffs and activist attention that triggered many changes, Spotify Technology S.A. (NYSE: SPOT) managed to surpass both top and bottom estimates.

Goldman Sachs analyst Eric Sheridan had a Neutral rating on Spotify Technology SA (NYSE:SPOT) with a price target of $277. Spoti...

Spotify Technology S.A. has released its financial results for the first quarter of 2024 today. Please visit investors.spotify.com to view the Shareholder Deck and other supplemental materials. As...

Illinois Municipal Retirement Fund trimmed its position in Spotify Technology S.A. (NYSE:SPOT – Free Report) by 9.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,587 shares of the company’s stock after selling 8,283 shares during the quarter. Illinois Municipal Retirement Fund’s holdings […]

Illinois Municipal Retirement Fund cut its stake in Spotify Technology S.A. (NYSE:SPOT – Free Report) by 9.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 78,587 shares of the company’s stock after selling 8,283 shares during the quarter. Illinois Municipal Retirement Fund’s holdings […]

The audio-streaming platform is setting records as subscribers pay for premium services.

Spotify Technology S.A. (SPOT) reported Tuesday a profit in its first quarter, compared to last year's loss, with strong growth in revenues. The company also issued second-quarter outlook, higher than the preceding quarter.

Spotify reported that it swung to a profit in the first quarter of 2024, despite slowed subscriber and user growth.