UPDATE: Spotify (SPOT) PT Lowered to $280 at Barclays

Go back to UPDATE: Spotify (SPOT) PT Lowered to $280 at Barclays

Spotify (SPOT) PT Lowered to $275 at Jefferies

February 3, 2022 7:58 AM EST

Jefferies analyst Andy Uerkwitz lowered the price target on Spotify (NYSE: SPOT) to $275.00 (from $358.00) while maintaining a Buy rating.

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Spotify (SPOT) Stock Plunges on Growth and Margin Outlook, Analysts Remain Constructive

February 3, 2022 7:49 AM EST

Shares of Spotify (NYSE: SPOT) tanked 10% in after-hours Wednesday after the audio streaming giant reported Q4 2021 earnings results.

While the majority of quarterly results topped consensus estimates, Spotifys user growth forecast for Q1 2022 barely matched expectations. The Swedish company reported a loss per share of 0.21, compared to the consensus estimates of 0.43, according to Refinitiv. Revenue came in at 2.69 billion, topping the 2.65 billion consensus.

Spotify reported 406 million monthly active users (MAUs) in the quarter, compared to 381... More

Spotify (SPOT) PT Lowered to $238 at Credit Suisse

February 3, 2022 5:32 AM EST

Credit Suisse analyst Brian Russo lowered the price target on Spotify (NYSE: SPOT) to $238.00 (from $270.00) while maintaining a Neutral rating.... More

Spotify (SPOT) PT Lowered to $220 at Wolfe Research

February 3, 2022 4:51 AM EST

Wolfe Research analyst Deepak Mathivanan lowered the price target on Spotify (NYSE: SPOT) to $220.00 (from $260.00) while maintaining a Peerperform rating.... More

Spotify (SPOT) PT Lowered to $210 at Atlantic Equities

February 3, 2022 4:49 AM EST

Atlantic Equities analyst Hamilton Faber lowered the price target on Spotify (NYSE: SPOT) to $210.00 (from $370.00) while maintaining a Neutral rating.... More

Stocks with Implied Volatility Movement

February 3, 2022 4:17 AM EST

Spotify (NYSE: SPOT) volatility index movement increasing vs. 30D HV

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Spotify (SPOT) PT Lowered to $300 at Evercore ISI

February 3, 2022 3:42 AM EST

Evercore ISI analyst Mark Mahaney lowered the price target on Spotify (NYSE: SPOT) to $300.00 (from $365.00) while maintaining a Outperform rating.... More

After-Hours Stock Movers 02/02: (TMUS) (HUM) (CNC) Higher; (FB) (SNAP) (SPOT) Lower (more...)

February 2, 2022 6:13 PM EST

After-Hours Stock Movers:

Meta Platforms (NASDAQ: FB) 23% LOWER; reported Q4 EPS of $3.67, $0.17 worse than the analyst estimate of $3.84. Revenue for the quarter came in at $33.67 billion versus the consensus estimate of $33.38 billion. Meta Platforms sees Q1 2022 revenue of $27-29 billion, versus the consensus of $30.1 billion.

Snap Inc. (NYSE: SNAP) 18% LOWER; falls on Facebook... More

Spotify stock sinks on weaker-than-expected first quarter subscriber numbers

February 2, 2022 4:02 PM EST

By Supantha Mukherjee and Dawn Chmielewski

STOCKHOLM/LOS ANGELES (Reuters) -Spotify on Wednesday forecast current quarter subscribers lower than Wall Street expectations, but executives sought to reassure investors that growth had not cratered even as it deals with the fallout from the controversy around The Joe Rogan Experience podcast.

The company's shares fell as much as 18% in late trading after Spotify reported the subscriber outlook.

In an interview with Reuters after the report, Spotify Chief Financial Officer Paul Vogel said this year's growth rate would not be that much different than last in terms of users and subscribers.... More

Spotify (SPOT) Tops Q4 EPS by 18c, Offers Outlook

February 2, 2022 4:02 PM EST

Spotify (NYSE: SPOT) reported Q4 EPS of ($0.21), $0.18 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $2.69 billion versus the consensus estimate of $2.65 billion.

MAUs grew 18% Y/Y to 406 million in Q4, near the top end of guidance range.

Q1 2022 OUTLOOK:

We are... More

Spotify (SPOT) call put ratio 1 call to 1.9 puts into quarter results and outlook

February 2, 2022 10:16 AM EST

Spotify (NYSE: SPOT) February weekly call option implied volatility is at 185, February is at 91; compared to its 52-week range of 34 to 75 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.9 puts.

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Lightshed Partners Starts Spotify (SPOT) at Buy

February 2, 2022 8:13 AM EST

Lightshed Partners analyst Richard Greenfield initiates coverage on Spotify (NYSE: SPOT) with a Buy rating and a price target of $260.00.


For an analyst ratings summary and ratings history on Spotify click here. For more ratings news on Spotify click here.


Shares of Spotify closed at $203.62 yesterday.

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Spotify (SPOT) February weekly 202.50 straddle priced for a move of +/- 11% into quarter results

February 2, 2022 4:51 AM EST

Spotify (NYSE: SPOT) February weekly 202.50 straddle priced for a move of +/- 11% into the expected release of quarter results today after the bell.

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Joe Rogan row puts cost of Spotify podcasts under investor microscope

February 1, 2022 10:46 AM EST

By Supantha Mukherjee and Elizabeth Culliford

(Reuters) - Spotify investors will focus on how much its 'Netflix for audio' strategy is costing the streaming service when it reports fourth-quarter results on Wednesday against the backdrop of several angry high-profile artists withdrawing their tracks.

Over the past four years, Spotify has spent more than $1 billion on podcasts such as Joe Rogan's in an attempt to triumph over rival music subscription services from Apple and Amazon.

The decision by Neil Young and Joni Mitchell to pull their music from Spotify in protest over the views about COVID-19 in... More

Spotify (SPOT) February weekly option implied volatility above 100 into quarter results

February 1, 2022 10:19 AM EST

Spotify (NYSE: SPOT) February weekly call option implied volatility is at 131, February is at 79; compared to its 52-week range of 34 to 75 into the expected release of quarter results after the bell on February 2.

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Morgan Stanley Reiterates Overweight on Spotify (SPOT), Weighs In on Joe Rogan Controversy

February 1, 2022 8:04 AM EST

Spotifys (NYSE: SPOT) market value took a serious hit last week following Neil Youngs decision to pull down his music from the music streaming service.

The folk-rock legend criticized Spotify for allowing Joe Rogan and his guests to spread coronavirus-related misinformations through his popular The Joe Rogan Experience podcast, leading to the decrease of Spotifys market cap by over 2$ billion in a span of three days.

Spotify has recently become a very damaging force via its public misinformation and lies about COVID - Neil Young wrote in this post,... More

Spotify (SPOT) call put ratio 1.1 calls to 1 put into quarter results

February 1, 2022 3:28 AM EST

Spotify (NYSE: SPOT) February weekly 197 straddle priced for a move of +/- 10% into the expected release of quarter results after the bell on February 2.

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Spotify (SPOT) PT Lowered to $300 as Morgan Stanley Updates Base Case for Normalized Valuation and Margins

February 1, 2022 2:14 AM EST

Morgan Stanley analyst Benjamin Swinburne lowered the price target on Spotify (NYSE: SPOT) to $300.00 (from $350.00) adjusting his base case for normalized growth an margin levels.

The analyst reiterated the Overweight rating, stating "We are shaving some of the long-term margin potential... More