Spotify Technology S.A. Ordinary Shares (SPOT) Company Bio
Spotify AB provides a digital music-streaming service that gives on-demand access of songs on devices, computers, mobiles, tablets, and home entertainment systems. Its services allow subscribers to search and discover music collections of friends, artists, and celebrities; build a personal collection playlist; and share music on Spotify, Facebook, Twitter, blog, and via email with friends. It also offers research and development services in Sweden. The company was founded in 2008 and is based in Stockholm, Sweden. Spotify AB operates as a subsidiary of Spotify Limited.
SPOT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Spotify Technology SA. To summarize, we found that Spotify Technology SA ranked in the 65th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Spotify Technology SA ended up being:
In the past 1.96 years, Spotify Technology SA has a compound free cash flow growth rate of 0.84%; that's higher than 86.59% of free cash flow generating stocks in the Technology sector.
98% of the company's capital comes from equity, which is greater than 92.14% of stocks in our cash flow based forecasting set.
The business' balance sheet suggests that 2% of the company's capital is sourced from debt; this is greater than just 7.82% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SPOT, try HCKT, PANW, PCOM, ELTK, and MGIC.
Over the last 18 months, Spotify (NYSE: SPOT) has been pushing to expand its platform from a music-streaming service to all types of audio. Podcasting has been a major focus, and led CEO Daniel Ek to acquire companies like Gimlet, Anchor, Parcast, and The Ringer, as well as sign exclusive contracts with big names like the Obamas. Spotify's latest deal could accelerate the growth of its podcast audience.
(Bloomberg) -- Apple Inc. is ramping up its push into original podcasts by seeking an executive to lead the initiative and buying shows that would be exclusive to its services.The technology giant has begun acquiring two types of original podcasts, according to people familiar with the matter: one category is audio spinoffs of existing movies and programs on its Apple TV+ service, and the other is original programs that could eventually be adapted into future TV+ video content.The company is seeking a leader for its original podcast work who would report to Ben Cave, its head of podcasting, said the people, who asked not to be identified because the effort isn’t yet public.The move should help Apple promote its fledgling TV+ service, as well as defend the company against Spotify Technol...
Spotify this week joined a growing number of tech giants expanding their work from home policies as the COVID-19 pandemic continues to drag on. While not as radical as Twitter’s recent decision to let staff work from home forever, the music streaming service’s move does represent increased openness to the arrangement. The streaming service is headquartered in Stockholm, with a number of regional offices, including New York, London and Tokyo.
Regardless of how you feel about Joe Rogan, one simple fact is indisputable: The comedian-turned-podcaster has a massive audience. Spotify has spent the past year fleshing out its podcasting strategy, challenging Apple's (NASDAQ: AAPL) long-standing dominance in podcast distribution. Part of that initiative entails securing original content for the platform, and in no uncertain terms JRE will become the biggest exclusive podcast for Spotify's audio-streaming platform.
Joe Rogan, podcast provocateur, announced this week he would take his act to Spotify. Other podcasters will take note. The 20-something women behind wildly popular and risqué Call Her Daddy podcast are already off air as they feud with bosses at Barstool Sports over their deal.