Spotify Stock Surges Again. What's Behind the Rally?
Spotify is firing on all cylinders and may be nearing a growth inflection point. Spotify 's ( SPOT 9.22%) earnings were strong once again, as the company's focus on profits and cash flow paid off. But it was the level of margin expansion that shocked investors.
Spotify's exclusive deal with Joe Rogan significantly boosted podcast consumption and ad revenue, contributing to a 69.7% ...
Spotify CEO Daniel Ek just hinted at an upcoming Hi-Fi plan in the company's Q3 earnings — just like he did in the last ...
Spotify shares jumped in extended trading on Tuesday after the streaming media giant topped Wall Street’s third-quarter ...
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Spotify price target raised to $565 from $510 at Pivotal ResearchPivotal Research raised the firm’s price target on Spotify (SPOT) to $565 from $510 and keeps a Buy rating on the shares. The ...
KeyBanc raised the firm’s price target on Spotify (SPOT) to $520 from $490 and keeps an Overweight rating on the shares. The firm views ...
Despite a 9% decline in product revenue, Cisco saw a 6% increase in services revenue. One standout was the robust growth in ...
The group has managed to successfully roll out gradual price rises for its key Spotify subscription, with a subscription ...
JPMorgan raised the firm’s price target on Spotify (SPOT) to $530 from $425 and keeps an Overweight rating on the shares post the Q3 report. The firm came come away “incrementally positive” and ...
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from ...
The Zacks Consensus Estimate for earnings in the to-be-reported quarter stands at $1.73 per share, indicating 380.6% ...
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Ahead of its third-quarter report Tuesday afternoon, Spotify was up 123% for the year and has quintupled over the past two.
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