Is Spotify Technology S.A (NYSE: SPOT) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Internet Content & Information industry segment, falling under the Communication Services sector. The current market capitalization of Spotify Technology S.A is $98.46B. A total of 2.49 million shares were traded on the day, compared to an average of 2.32M shares.

In the most recent transaction, Jenkins Dustee bought 10,399 shares of SPOT for 501.71 per share on Dec 04 ’24. In a previous transaction on Dec 04 ’24, Daniel Ek bought 75,000 shares at 493.32 per share.

Among the insiders who bought shares, Daniel Ek acquired of 75,000 shares on Nov 26 ’24 at a per-share price of $481.38. In another insider transaction, Daniel Ek bought 75,000 shares at $463.83 per share on Nov 20 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SPOT has a high of $494.00 and a low of $185.37.

As of this writing, SPOT has an earnings estimate of $2.07 per share for the current quarter. EPS was calculated based on a consensus of 15.0 estimates, with a high estimate of $2.56 per share and a lower estimate of $1.62. The company reported an EPS of -$0.36 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SPOT’s latest balance sheet shows that the firm has $3.50B in Cash & Short Term Investments as of fiscal 2021. There were $1.78B in debt and $3.23B in liabilities at the time. Its Book Value Per Share was $25.59, while its Total Shareholder’s Equity was $2.12B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SPOT is Buy with a score of 4.31.

Most Popular

Related Posts