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Spotify Technology SA is an internet content & information business with stocks listed in the US. Spotify shares (SPOT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$106.27 – an increase of 4.8% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in Spotify
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Spotify. Find the share by name or ticker symbol: SPOT. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Spotify reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$106.27, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Spotify, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Spotify. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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Spotify stock price (NYSE:SPOT)
Use our graph to track the performance of SPOT stocks over time.Spotify shares at a glance
Information last updated 2022-06-27.
| 52-week range | US$89.03 - US$305.6 |
|---|---|
| 50-day moving average | US$108.5184 |
| 200-day moving average | US$184.9056 |
| Target price | US$152.22 |
| PE ratio | N/A |
| Dividend yield | US$0 (0%) |
| Earnings per share (TTM) | US$-0.593 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Is it a good time to buy Spotify stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Spotify price performance over time
Historical closes compared with the last close of $106.27
| 1 week (2022-06-21) | 4.80% |
|---|---|
| 1 month (2022-05-24) | 2.68% |
| 6 months (2021-12-27) | -54.54% |
| 1 year (2021-06-28) | -60.87% |
|---|---|
| 2 years (2020-06-26) | -59.89% |
| 3 years (2019-06-28) | -27.32% |
Stocks similar to Spotify
Is Spotify under- or over-valued?
Valuing Spotify stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Spotify's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Spotify's EBITDA
Spotify's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$123 million (£0.0 million).
The EBITDA is a measure of a Spotify's overall financial performance and is widely used to measure a its profitability.
Spotify financials
| Revenue TTM | US$10.2 billion |
|---|---|
| Operating margin TTM | 0.74% |
| Gross profit TTM | US$2.6 billion |
| Return on assets TTM | 0.62% |
| Return on equity TTM | 2.74% |
| Profit margin | 0.73% |
| Book value | 11.131 |
| Market capitalisation | US$20.6 billion |
TTM: trailing 12 months
Spotify share dividends
We're not expecting Spotify to pay a dividend over the next 12 months.
Spotify share price volatility
Over the last 12 months, Spotify's shares have ranged in value from as little as US$89.03 up to US$305.6. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Spotify's is 1.792. This would suggest that Spotify's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Spotify overview
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
Spotify in the news
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