Spotify (SPOT) Ascends While Market Falls: Some Facts to Note

Zacks12-20 06:50

The latest trading session saw Spotify (SPOT) ending at $454.16, denoting a +1.23% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.09%. Elsewhere, the Dow saw an...

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The stock outpaced the S&P 500's daily loss of 0.09%. Elsewhere, the Dow saw an...</p>\n\n<a href=\"https://finance.yahoo.com/news/spotify-spot-ascends-while-market-225020579.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360107168.USD","symbol_name":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/spotify-spot-ascends-while-market-225020579.html","article_id":"2492439740","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/xopQugjeNyS1VO21qlHkcQ--~B/aD02NzU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3cb5117fc22f5e37890d1860dcd61f9f"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492439740","pubTimestamp":1734648620,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The latest trading session saw Spotify  ending at $454.16, denoting a +1.23% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.09%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.1%.Prior to today's trading, shares of the music-streaming service operator had lost 4.54% over the past month. This has lagged the Business Services sector's loss of 1.09% and the S&P 500's loss of 0.29% in that time.The upcoming earnings release of Spotify will be of great interest to investors. The company's upcoming EPS is projected at $2.01, signifying a 615.38% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.4 billion, indicating a 11.24% increase compared to the same quarter of the previous year.Investors should also pay attention to any latest changes in analyst estimates for Spotify. These revisions typically reflect the latest short-term bus","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","BK4548":"巴美列捷福持仓","BK4108":"电影和娱乐","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4571":"数字音乐概念","SPOT":"Spotify Technology S.A.","BK4585":"ETF&股票定投概念","BK4588":"碎股"},"translate_title":"Spotify(SPOT)在市场下跌时上涨：需要注意的一些事实","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPOT":1},"content_text":"The latest trading session saw Spotify (SPOT) ending at $454.16, denoting a +1.23% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.09%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.1%.\nPrior to today's trading, shares of the music-streaming service operator had lost 4.54% over the past month. This has lagged the Business Services sector's loss of 1.09% and the S&P 500's loss of 0.29% in that time.\nThe upcoming earnings release of Spotify will be of great interest to investors. The company's upcoming EPS is projected at $2.01, signifying a 615.38% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.4 billion, indicating a 11.24% increase compared to the same quarter of the previous year.\nFor the annual period, the Zacks Consensus Estimates anticipate earnings of $6.02 per share and a revenue of $16.52 billion, signifying shifts of +304.07% and +15.31%, respectively, from the last year.\nInvestors should also pay attention to any latest changes in analyst estimates for Spotify. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.\nOur research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.\nThe Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Spotify presently features a Zacks Rank of #3 (Hold).\nDigging into valuation, Spotify currently has a Forward P/E ratio of 74.54. This denotes a premium relative to the industry's average Forward P/E of 26.96.\nThe Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 63, finds itself in the top 26% echelons of all 250+ industries.\nThe Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.\nEnsure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSpotify Technology (SPOT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492439740"}