Page 58 - Spotify Technology News Today

Northwest Capital Management Inc purchased a new stake in Spotify Technology S.A. (NYSE:SPOT – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 491 shares of the company’s stock, valued at approximately $79,000. A number of other hedge funds also recently made […]

By Mauro Orru Shares of Universal Music Group slumped in Friday morning trading after revenue growth from streaming came below analysts expectations for the third quarter. At 0800 GMT,...

Spotify Technology (NYSE:SPOT – Free Report) had its price objective trimmed by Benchmark from $205.00 to $195.00 in a research note released on Monday, Benzinga reports. The brokerage currently has a buy rating on the stock. Several other equities research analysts have also issued reports on SPOT. Wells Fargo & Company lifted their price objective […]

Spotify Technology (NYSE:SPOT – Get Free Report) had its price target upped by analysts at Barclays from $182.00 to $186.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price would suggest a potential upside of 17.43% from the stock’s current price. SPOT […]

Spotify Technology (NYSE:SPOT – Get Free Report) had its price objective raised by JPMorgan Chase & Co. from $190.00 to $205.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 29.43% from […]

Spotify Technology S.A. (NYSE:SPOT – Get Free Report) saw unusually-strong trading volume on Tuesday after the company announced better than expected quarterly earnings. Approximately 2,104,075 shares changed hands during trading, an increase of 15% from the previous session’s volume of 1,830,537 shares.The stock last traded at $170.00 and had previously closed at $154.61. The company […]

By Mauro Orru Universal Music Group posted higher revenue for the third quarter thanks to subscriptions and streaming as well as physical sales, particularly in the U.S. and Europe. The...

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Tech giants report high revenues; Gucci and other luxury brands see declines. A sign of changing consumer priorities in a digital age.

Operator: Good morning and welcome to Spotifys Third Quarter 2023 Earnings Call and Webcast. All participants are in a listen-only mode.