Spotify (SPOT) February weekly option IV above 100 into quarter results and outlook

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UBS on Spotify (SPOT): 'Better operating income & FCF; Revenues slightly below due to advertising'

February 6, 2024 7:17 AM EST

UBS analyst Batya Levi reiterated a Buy rating and $274.00 price target on Spotify (NYSE: SPOT).

The analyst comments "SPOT reported solid KPIs with 28M MAU adds (UBSe/Guide 27M) and 10M premium adds (UBSe 9.4M; Guide 9M). Total revenues grew 16% yoy... More