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How to buy Spotify (SPOT) shares in Australia

Learn how to easily invest in Spotify shares.

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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

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.

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 rangeUS$89.03 - US$305.6
50-day moving average US$108.5184
200-day moving average US$184.9056
Target priceUS$152.22
PE ratio N/A
Dividend yield US$0 (0%)
Earnings per share (TTM) US$-0.593

Compare trading apps to buy Spotify shares

1 - 7 of 7
Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, US shares, UK shares, ETFs, and more
Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Exclusive
Tiger Brokers
US$1.99
N/A
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Bendigo Invest Direct
$0
0.60%
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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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.

Spotify share growth calculator

US$

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%

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".

SPOT.US volatility(beta: 1.79)Avg. volatility(beta: 1.00)LowHigh

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

There are no recent company news

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