Form 6-K Spotify Technology S.A. For: Feb 06

Go back to Form 6-K Spotify Technology S.A. For: Feb 06

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