Spotify Technology S.A. Announces Financial Results for First Quarter 2019

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Stifel Reiterates Buy Rating on Spotify (SPOT)

April 30, 2019 7:36 AM EDT

Stifel analyst John Eggbert reiterated a Buy rating and $170.00 price target on Spotify (NYSE: SPOT) following the company's 1Q earnings report. Spotify reported 1Q revenue / subscribers at the high-end of guidance (97mm to 100mm), as the company reached the 100mm milestone for paid subscribers... More

Spotify (SPOT) PT Lowered to $185 at RBC Capital

April 29, 2019 1:22 PM EDT

RBC Capital analyst Mark Mahaney lowered the price target on Spotify (NYSE: SPOT) to $185.00 (from $190.00) while maintaining a Outperform rating following Q1 results.

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Spotify (SPOT) Reports Q1 Loss of EUR0.79, Revenues of EUR1.511B; MAUs Up 26% YoY, Premium Subscribers Up 32% YoY

April 29, 2019 6:05 AM EDT

Spotify (NYSE: SPOT) reported Q1 EPS of (EUR0.79). Revenue for the quarter came in at EUR1.51 billion versus the consensus estimate of EUR0 .

Q2 2019 AND FULL YEAR OUTLOOK

These forward-looking statements reflect Spotifys expectations as of April 29, 2019 and are subject to substantial... More