i.wish for a drop in SPOT to accumulate its common sharesSpotify continues to execute on initiatives that put the company on a positive revenue, gross margin, operating income and FCF trajectory. The company clearly is at an inflection point, which has been driving share price performance over the past year and a half. We are confident in the sustainability of this momentum highlighted by recent price increases that should partially flow through to gross margin. Spotify has raised prices twice in less than a year in the US (and a few other global markets, including the UK and Australia), indicating confidence in the company’s ability to grow subscribers and mitigate churn on the platform. In addition to price increases, SPOT has monetization and margin expansion opportunities from introducing pricing tiers (e.g., music-only, “Supremium”) and features as the company scales new businesses like audiobooks.
SPOT/N trade ideas
7/21/24 - $spot - I don't get it. Pass.7/21/24 :: VROCKSTAR :: NYSE:SPOT
I don't get it. Pass.
- 60x PE
- good > 20% growth - nice.
- horrible gross margins (they pay a lot to creators, obviously)
- best in class product - great
- seeing some opex leverage lately - great
- a ton of stock option dilution to the FCF generation (almost all of it) - not ideal but stonk doing fine which actually gets a bit of a pass
- i understand those who hold this thing, in earnest i'd like to find an entry. but don't think the r/r in this print makes sense
- i'm also getting the sense i'm going to be more bearish generally this EPS (but let's see) on the stuff i review which will draw some colorful comments lol bring it
- wish the holders some luck here but i'm on the sidelines.
have a good week to those reading this esp my fam
V
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t sold the Head and Shoulders bearish chart pattern on SPOT:
nor bought calls before the previous earnings:
Now analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 290usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $15.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
SPOT to 400 before end of year?SPOT is toying around with some AI softwares and I see some really lucrative AI advancements for many major companies across the board. SPOT is superior to Apple music ofc. no doubt there
considering recent 1hr wicks I'd say theres some manipulative signs of accumulation and we're holding strong just underneath the resistance. Let's get this bread
NFA - Always just my thoughts
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t entered SPOT in the buy area:
nor before the previous earnings:
Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 270usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $20.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Spotify Surges 14% As it Tops Earnings Target In First QuarterSpotify Technology ( NYSE:SPOT ), the foremost music streaming service, has reported an improvement in profitability for the first quarter of the year. During the March quarter, the company added 3 million premium subscribers, bringing the total number of paying subscribers to 239 million globally, which is in line with expectations. The number of monthly active users, however, was slightly lower than the Wall Street target at 615 million, although this still represents an increase of 19% compared to the previous year.
Spotify ( NYSE:SPOT ) provides an ad-supported service in addition to a commercial-free subscription service. For the March quarter, the company reported earnings of $1.05 per share on sales of $3.95 billion in euros. Analysts polled by FactSet had expected the company to earn 67 cents per share on sales of $3.85 billion. In comparison, the company had incurred a loss of $1.27 per share on sales of $3.34 billion for the same period in the previous year.
Daniel Ek, the CEO of Spotify, stated, "We've talked about 2024 as the year of monetization, and we're delivering on that ambition. Now, as we've shifted our focus to concentrate on strong revenue growth and margin expansion, we see a clear opportunity to ensure that we are continuing to grow the top of our funnel. I feel good about the changes we are implementing and remain very confident in our ability to reach the ambitious plans we've outlined."
Following the announcement, Spotify's stock rose by 14%, with investors responding positively to the news of the improved profitability. The company's stock has been rising this year as it focuses on generating profits, with Morgan Stanley analyst Benjamin Swinburne stating that the company is "just beginning to inflect towards profitability and free-cash-flow generation."
They Have Some Large Shoes To Fill...After a 350% run to the up side from the October 2022 lows, Spotify has rocketed off of unprofitability and hopes to be profitable.
Last quarter it has a expected .674 earnings per share and a revenue estimate of 3.895 B.
Even if this stock beats both (somehow) it still needs to show a crazy guidance for the next quarter.
My fundamental reason (this is a joke (SORTA)) is that do humans listen to more or less music during the summer months? Are we outside more listening to more music or does the streaming counts drop due to a group of friends listening to music together.....
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t bought SPOT inside the Buy Area:
Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 220usd strike price in the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $18.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Spotify Shares Surge: As it Plans to Increase Premium PriceSpotify (NYSE: NYSE:SPOT ) has announced plans to raise prices for its premium subscription service in multiple markets, including the United States. The news sent Spotify shares soaring by 6% on Wednesday, following reports from Bloomberg.
According to sources familiar with the matter cited by Bloomberg, Spotify ( NYSE:SPOT ) intends to implement price hikes ranging from $1 to $2 per month in five key markets, including the United Kingdom, Australia, and Pakistan, by the end of April. The company will also introduce a new basic subscription tier priced at $11 per month, which will offer access to music and podcasts but exclude audiobooks.
The decision to raise prices comes as Spotify ( NYSE:SPOT ) aims to offset the costs associated with its audiobook service, which provides subscribers with 15 hours of audiobook listening time per month. By increasing subscription fees, Spotify ( NYSE:SPOT ) seeks to maintain profitability and sustain its growth trajectory amid intensifying competition in the streaming market.
Last year, Spotify ( NYSE:SPOT ) implemented similar price increases in various regions, including the United States, as part of its efforts to improve its financial performance. Despite facing fierce competition from rivals such as Apple, Amazon, and YouTube, Spotify has continued to expand its user base and enhance its offerings.
The introduction of a new basic subscription tier reflects Spotify's commitment to catering to diverse consumer preferences and enhancing the value proposition for its users. By providing a more affordable option for accessing music and podcasts, Spotify aims to attract a broader audience and drive subscriber growth.
While Spotify ( NYSE:SPOT ) declined to comment on Bloomberg's report, the company's actions underscore its determination to innovate and adapt to evolving market dynamics. As the streaming landscape evolves and consumer demand for digital entertainment services continues to grow, Spotify remains focused on delivering compelling experiences and driving long-term shareholder value.
The surge in Spotify's share price following the price hike announcement reflects investor optimism regarding the company's ability to monetize its platform and capitalize on emerging opportunities. With its innovative approach to content delivery and strong market position, Spotify is well-positioned to navigate challenges and sustain its growth momentum in the competitive streaming market.
Technical Outlook
Spotify ( NYSE:SPOT ) shares have exhibited consolidation near the $270 resistance level, indicating a gathering of supply. Following this period, the stock surged, encountering new resistance levels. This trend occurred in line with the announcement regarding Spotify's plans to increase payments for its premium subscription plan, suggesting anticipation and market reaction to forthcoming developments.
Spotify 20-29 Mar 24 TA/TC3/19/24
Price: 252.76
Analysis:
Trend Analysis:
Declining momentum, expecting bulls to fight to (+0.4%) - (+0.6%), expecting incline to continue to +2.3% thereafter, may see stagflation after... expecting total deviation of 3.1% TP @262.65 followed by +0.8% inclined TP @262.65 before significant decline.
Structure:
Market Stagnated bears look to be in favor for decline continuation for now release suggest @least +2.3% inclined followed by +0.8% inclined TP @262.65 market structure may allow bulls to steal for the projected incline.
Support & Resistance Levels:
Highs 254.79, 260.59, 262.64, 262.84
Lows = 250.68, 244.95, 240.74
Crossovers & Moving Averages:
Risk Management:
0.5% & 0.2%
News & Events:
Scenario Analysis:
Market incline +2.3%, then decline (-2.3%) create double top then shoot inclined expect +4.00% tp to be cut short @ (0.6%) - (0.8%), turned bearish to drop (-4.6%)
Market incline +0.6%, turned bearish drop (-0.6%) - (-0.8%) tp @round 252.2, then turn bullish incline (+1.7 - (+2.2%) tp@ +2.3% (260.59) or 260.1. then market drop (-4.00% = 250.68) or @250.17
Objective & Targets
wait for confirmation to push incline Target = 0.8% - 2.3%
Continue pushing decline (-0.6%) - (-0.8%), expect bullish push after by at least 1.3% inclined tp@ +2.3% (260.59)
YOLO:
Entry Point: 253.75 / 251.75
SPOT.NYSE Spotify -11% Correction Expected.Spotify -11% Correction Expected as shown on the Chart.
Not bad after a +100% Run.
Use to set your stop loss as desired.
I'm not going to give a Long or Short position, as if you got in early - will be in comfortable Profit.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
(Spotify = BUY) - $EIIV 2 Daii Tracker 15-16 Feb 24 Expect Market to continue Inclined momentum Raise by 5.12%. due to CPI inefficiency to be lowered, added with Euro Area securities barely making the cut but acceptable, market expected to continue incline.
* Volatility Yet to be Bullish closing @ 0.21%. Expect to try to decline but will reject & eventually overturned by Bulls Volatility bullish outbreak @ 0.25% / -3.5
Tp1 = 243.8
TP2 =247.2
TP3 =251.71
TP4=253.53
Expecting to Go bull 40% area, altogether throwing possible buy signal @ 3.5% = mid/high buy (breakout), -3.5% = Lower low
Market meet conditions to continue momentum upward due to minimum resistance to downside, Momentum ending @ 0.50% bullish over our 0.3% requirements, and price breakthrough TP1 ending the day bullish
Spotify's Growth Story: Breaking Records and Setting Bold GoalsSpotify (NYSE: NYSE:SPOT ) has emerged as a juggernaut, continually breaking barriers and setting new standards. The latest report from the Swedish music streaming giant reveals an impressive surge in user growth, defying expectations and propelling its stock to new heights.
Unveiling Remarkable Performance:
Spotify's (NYSE: NYSE:SPOT ) fourth-quarter results have left analysts and investors astounded. The company not only surpassed forecasts but also demonstrated resilience in the face of challenges, with its monthly active users and premium subscribers soaring to unprecedented levels. Despite a slight revenue miss, Spotify's strategic maneuvers, including price adjustments and podcast investments, have positioned it for a prosperous future.
Diversification and Expansion:
Beyond music, Spotify's (NYSE: NYSE:SPOT ) foray into podcasts and audiobooks underscores its commitment to diversification and innovation. With an eye on capturing the burgeoning audio entertainment market, the company has strategically aligned itself with influential hosts and witnessed exponential growth in podcast advertising. This strategic pivot not only enhances user engagement but also opens new revenue streams, reinforcing Spotify's position as a multifaceted entertainment platform.
CEO's Vision and Strategic Imperatives:
Under the stewardship of CEO Daniel Ek, Spotify's (NYSE: NYSE:SPOT ) vision of reaching 1 billion users by 2030 is not merely a lofty ambition but a strategic imperative driving every decision. Ek's emphasis on profitability, evidenced by recent cost-cutting measures and operational efficiencies, reflects a maturing company poised for sustained success. As Spotify navigates through the complexities of a dynamic industry landscape, Ek's leadership and strategic foresight continue to inspire confidence among stakeholders.
Market Response and Investor Sentiment:
Spotify's (NYSE: NYSE:SPOT ) stellar performance in the fourth quarter has not gone unnoticed, as evidenced by the bullish response from investors. With shares surging to a two-year high, market sentiment towards Spotify remains overwhelmingly positive, underscoring the company's status as a top contender in the digital entertainment sphere. As the company charts its course for the future, investor confidence serves as a testament to Spotify's (NYSE: NYSE:SPOT ) unwavering commitment to growth and innovation.
Conclusion:
In an era defined by rapid technological advancements and shifting consumer preferences, Spotify stands out as a beacon of innovation and resilience. With a relentless focus on user growth, profitability, and strategic expansion, the company continues to redefine the boundaries of digital entertainment. As Spotify (NYSE: NYSE:SPOT ) embarks on its journey towards 1 billion users, one thing remains clear – the music streaming giant is not just setting records; it's rewriting the playbook for success in the digital age.
Spotting another opportunity longAs we observe current price action based on the current uptrend leading into a more than average return for tech services, there as been an accumulation from buyers propping up current valuation leading into earnings. Price should continue to make new highs last seen almost 3 years ago during june 2020, and proceed to breach prices over 240 if momentum continues and a positive earnings on the horizon. The new deal with Joe rogan and the accessibility to podcasts are a good generating revenue income stream for spot. More upside to continue heading into and after earnings.
Music streaming is on the rise. Stock idea 31/01/2024Investment experts at UBS have upgraded their rating on Spotify Technology S.A. shares to "Buy". Analysts believe that efficiency initiatives will yield positive results. They are confident of sustained margin expansion and more robust earnings trends for the company in the coming years. The issuer's business is transnational and geographically diversified. Thus, Spotify's revenue may also grow.
So, today, we will examine the Spotify Technology S.A. (NYSE: SPOT) stock chart.
On the D1 timeframe, support has formed at 202.30, with resistance at 219.20. There is a probability of a corrective decline in quotes to the 209.95 level.
On the H1 timeframe, a rebound from the 209.95 level could set a short-term target for a price increase at 239.19, while in the medium term, it could hover around 252.51.
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