Spotify Technology S.A.

+1.11 (+0.72%)
7:38:53 PM EDT: $154.69 +0.05 (+0.03%)
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Market Cap (Intraday)29.65B
Current PEN/A
Forward PE N/A
2yr Forward PE 266.62
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Estimates Current Quarter
Revenue$3.54 Billion
Adjusted EPS-$0.24
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10-Day MA$155.01
50-Day MA$148.45
200-Day MA$133.40
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Spotify Technology S.A. Stock, NYSE:SPOT

5, Place de la Gare, Luxembourg, Luxembourg 1616
Number of Employees:


Spotify Technology SA is a digital music service offering music fans instant access to a world of music. It operates through the Premium and Ad-Supported segments. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices. Users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both a premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April 2006 and is headquartered in Luxembourg.