Page 19 - Spotify Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sure, the music and podcast streamer is showing great growth -- but is the stock overpriced?

Spotify made some tough decisions after its stock collapsed in 2022, but they're starting to pay off.

Spotify Technology (NYSE:SPOT – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.42, Zacks reports. Spotify Technology had a negative net margin of 0.80% and a negative return on equity of 4.39%. The firm had revenue […]

California Public Employees Retirement System reduced its position in Spotify Technology S.A. (NYSE:SPOT – Free Report) by 0.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 261,420 shares of the company’s stock after selling 90 shares during the period. California Public […]

Spotify Technology (NYSE:SPOT – Get Free Report) had its price target upped by investment analysts at Benchmark from $325.00 to $375.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Benchmark’s price objective would suggest a potential upside of 29.67% from the stock’s previous close. […]