The Street Is Finally Waking Up To Spotify Technology S.A (NYSE: SPOT)

After Hours

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.

Stocks Info

Spotify Technology S.A is listed on the NYSE as a member of the Communication Services sector and is a part of the Internet Content & Information industry. The current market capitalization of Spotify Technology S.A is $128.04B. A total of 2.13 million shares were traded on the day, compared to an average of 2.78M shares.

In the most recent transaction, Christopher P. Marshall bought 2,520 shares of SPOT for 622.99 per share on Feb 10 ’25. In a previous transaction on Feb 10 ’25, McCARTHY BARRY bought 15,033 shares at 631.53 per share.

Among the insiders who bought shares, Soderstrom Gustav acquired of 52,031 shares on Feb 07 ’25 at a per-share price of $628.13. In another insider transaction, Norstrom Alex bought 12,000 shares at $626.75 per share on Feb 07 ’25.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, SPOT has a high of $632.45 and a low of $228.07.

As of this writing, SPOT has an earnings estimate of $2.28 per share for the current quarter. EPS was calculated based on a consensus of 15.0 estimates, with a high estimate of $2.81 per share and a lower estimate of $1.88.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $28.07, while its Total Shareholder’s Equity was $2.12B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.17.

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