$Spotify Technology S.A.(SPOT)$ I believe institutional price target adjustments upwards of 400+ become the norm. When you command a loyal user base of 626M people (~250m paying) , the ability to have viral reach, the ARPU opportunities that exist laterally AND vertically become very much within their grasp. All the haters used to say there's no way Spotify would ever be profitable... well, not only are they profitable but gross margins are expanding close to the 30% goal ahead of schedule, but we're just in the very early stages of this platform's evolution. I'm convinced whatever you think Spotify is today will be so much more in the years ahead. If you're one of these people who've been perpetually bearish on Spotify due to their inability to become profitable, well, you better give up now because not only have they achieved a level of sustainable profitability, but just wait til you see what this platform ultimately evolves into. It's the most UNIQUE opportunity outside of MAG 7 imo.
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