Spotify Technology S.A. Releases Financial Results for Third Quarter 2022

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Go back to Spotify Technology S.A. Releases Financial Results for Third Quarter 2022

Spotify (SPOT) PT Lowered to $140 at Citi

October 26, 2022 12:32 PM EDT

Citi analyst Jason Bazinet lowered the price target on Spotify (NYSE: SPOT) to $140.00 (from $145.00) while maintaining a Buy rating.

... More

Spotify (SPOT) PT Lowered to $115 at Jefferies

October 26, 2022 7:55 AM EDT

Jefferies analyst Andy Uerkwitz lowered the price target on Spotify (NYSE: SPOT) to $115.00 (from $140.00) while maintaining a Buy rating.

The analyst commented, "We continue to see positive developments: subs beat, users beat, 2-way marketplace is working, and advertiser growth on podcasts is up.... More

UPDATE: Spotify (SPOT) Misses Q3 EPS by EUR0.11

October 25, 2022 4:07 PM EDT

(Updated - October 25, 2022 4:11 PM EDT)

Spotify (NYSE: SPOT) reported Q3 EPS of (EUR0.99), $0.11 worse than the analyst estimate of (EUR0.88). Revenue for the quarter came in at EUR3.04 billion versus the consensus estimate of EUR3.02 billion.

Outlook for Q422 The following forward-looking... More