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How to buy Spotify (SPOT) shares in Australia

Learn how to easily invest in Spotify shares.

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$313.02 – an increase of 1.56% 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 company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. 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, which will typically include 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 that matches 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 using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$306.01, 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.

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 2024-06-14.
52-week rangeUS$129.23 - US$331.08
50-day moving average US$299.8102
200-day moving average US$223.6584
Target priceUS$343.21
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) US$-0.64

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 $313.02

1 week (2024-06-06) -2.03%
1 month (2024-05-16) 5.00%
3 months (2024-03-15) 22.81%
6 months (2023-12-15) 62.89%
1 year (2023-06-16) 95.65%
2 years (2022-06-16) 219.90%
3 years (2021-06-16) 28.93%
5 years (2019-06-14) 116.49%

Compare trading platforms to buy Spotify shares

Name Product Standard brokerage for US shares Currency conversion fee Asset class
eToro
Finder AwardExclusive
eToro
US$0
50-150 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account (T&Cs apply).
CFD service. Capital at risk.
Join the world's biggest social trading network when you trade stocks, commodities and currencies from the one account.
Moomoo Share Trading
US$0.99
55 pips or 0.0055 AUD/USD
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get $100 to trade when you deposit $1,000, or $200 when you deposit $5,000 or more. Earn 6.8% p.a. on uninvested cash. T&Cs apply.
Trade shares on the ASX, the US markets and buy ETFs with Moomoo. Plus join a community over 20 million investors.
Tiger Brokers
Exclusive
Tiger Brokers
US$2
37 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: 10 no-brokerage US or ASX market trades in the first 180 days + 7% p.a. on uninvested cash with first deposit of any amount, plus US$30 TSLA + US$30 NVDA shares with deposits up to AU$2000. T&Cs apply.
Trade Australian, US and Asian stocks with no minimum deposit on Tiger Broker’s feature-packed platform.
CMC Invest
Finder Award
CMC Invest
US$0
0.60%
ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
Webull
US$0.25
0.50% (50 pips)
ASX shares, Global shares, Options trading, US shares, ETFs
Get advanced research and trading tools with $0 brokerage and free lvl 2 NASDAQ stock data for 30 days. T&Cs apply.
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
Saxo Invested
US$1
0.25%
ASX shares, Global shares, Options trading, US 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.
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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.

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$308 million (£0.0 million).

The EBITDA is a measure of a Spotify's overall financial performance and is widely used to measure stock profitability.

Spotify share price volatility

Over the last 12 months, Spotify's shares have ranged in value from as little as US$129.23 up to US$331.08. A popular way to gauge a stock's volatility is its "beta".

SPOT.US volatility(beta: 1.61)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 1.612. 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 financials

Revenue TTM US$13.8 billion
Operating margin TTM 4.62%
Gross profit TTM US$2.9 billion
Return on assets TTM 1.82%
Return on equity TTM -3.89%
Profit margin -0.8%
Book value 16.624
Market capitalisation US$60.9 billion

TTM: trailing 12 months

Spotify share dividends

We're not expecting Spotify to pay a dividend over the next 12 months.

Spotify overview

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. 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 users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

Past developments

June 26: Spotify shares are up 200% YTD thanks to positive subscriber trends and active monthly user growth.

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