Spotify Technology S.A. Ordinary Shares (SPOT)

Is 110x earnings too much to pay for Spotify stock? A lot of investors think so today.

Has Spotify's stock run too far too fast?

Spotify (SPOT) stock drops after missing earnings and revenue expectations, despite strong user growth. Analysts maintain Overweight and Buy ratings.

The audio streaming platform’s Q2 paying subscribers rose by 12% year-on-year, reaching 276 million.

Risk appetite took a breather Tuesday, with major U.S. stock indices retreating modestly from record highs as investors braced for a pivotal stretch of earnings and macro events.

Despite gains in cash flow and subscriber numbers, currency fluctuations and a loss in earnings per share weighed on the stock after the Q2 earning report.

Spotify's Q3 2025 financial results disappoint investors despite strong user growth and improved profitability. Stock price declines after earnings miss and conservative outlook.

While Dow Jones futures were up 0.09% at the time of writing, the S&P 500 futures surged 0.26%.

Spotify Q2 2025 earnings miss revenue and EPS estimates, triggering a stock drop. Despite subscriber growth, higher costs and weak outlook weigh on investor sentiment.

Spotify Technology beat estimates for subscribers and users in the second quarter but posted a surprise loss. Spotify stock fell.

Spotify is in the spotlight ahead of earnings Tuesday.

Spotify Technology stock rose Thursday after a Wall Street analyst turned positive on the streaming music service.

In a strategic move, Universal Music Group (UMG), the world's largest music label, has confidentially filed for a U.S. listing.

Keybanc analyst Justin Patterson upgraded Roku (NASDAQ:ROKU) from Sector Weight to Overweight with a $115 price target on Wednesday.