* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, August 29, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    South Park Is In Trouble And Needs To Change Course, Fast – yahoo.com

    South Park Faces Major Challenges and Must Adapt Fast to Survive

    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

    ‘SNL’ Parts Ways With Emil Wakim Amid Rumored Season 51 Cast Shakeup – yahoo.com

    SNL Shakes Up Season 51 Cast with Emil Wakim’s Surprising Exit

    Do you have a favorable or an unfavorable opinion of Taylor Swift? – YouGov

    Do You Love Taylor Swift or Not? Share Your Thoughts!

    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    MC Machinery Technology Summit Showcases Manufacturing Innovations – Modern Machine Shop

    MC Machinery Technology Summit Unveils Cutting-Edge Manufacturing Innovations

    US-ROK Technology Cooperation Faces Rising Tensions – The National Interest

    Rising Tensions Put US-South Korea Technology Partnership to the Test

    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    South Park Is In Trouble And Needs To Change Course, Fast – yahoo.com

    South Park Faces Major Challenges and Must Adapt Fast to Survive

    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

    ‘SNL’ Parts Ways With Emil Wakim Amid Rumored Season 51 Cast Shakeup – yahoo.com

    SNL Shakes Up Season 51 Cast with Emil Wakim’s Surprising Exit

    Do you have a favorable or an unfavorable opinion of Taylor Swift? – YouGov

    Do You Love Taylor Swift or Not? Share Your Thoughts!

    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    MC Machinery Technology Summit Showcases Manufacturing Innovations – Modern Machine Shop

    MC Machinery Technology Summit Unveils Cutting-Edge Manufacturing Innovations

    US-ROK Technology Cooperation Faces Rising Tensions – The National Interest

    Rising Tensions Put US-South Korea Technology Partnership to the Test

    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Spotify Stock Dips Ahead of Q2 Earnings Release — And Analysts Are Divided Over Where Shares Will Go from Here

July 11, 2024
in Entertainment
Spotify Stock Dips Ahead of Q2 Earnings Release — And Analysts Are Divided Over Where Shares Will Go from Here
Share on FacebookShare on Twitter

spotify stock

Ahead of Spotify’s Q2 earnings release, analysts have different opinions about the outlook of Spotify stock (NYSE: SPOT).

Despite remaining just above $301 per share, Spotify stock (NYSE: SPOT) is down almost five percent during the past week – and analysts appear divided about its outlook.

At the time of this writing, Spotify stock was worth $301.08 per share, up about 59.5 percent from 2024’s beginning and north of 87 percent from mid-July of 2023. Nevertheless, the figure also reflects the mentioned five percent falloff across the last week or so.

Though it perhaps goes without saying, that slip could well be the result of broader market trends, including but not limited to inflation data and the adjacent rate outlook. Even so, the relative SPOT cooldown (and the business’s quick-approaching Q2 earnings release) has created an opportunity for analysts to examine the stock’s path forward.

Taking a bearish view is Redburn Atlantic’s Agnieszka Pustula, who’s settled on a sell rating and a $230 SPOT target price. In short, notwithstanding Spotify’s recent profits, the analyst voiced the belief that expectations for growth – such as $100 billion in annual revenue by 2032 – are simply too ambitious.

That’s in part because of continued pressure on the consumer as well as the related impact of price increases. And as a Vox writer and now-former Spotify subscriber explored today, competing platforms like Apple Music, Amazon Music, and YouTube Music are perhaps increasingly appealing due to their bundles and more.

Incidentally, Pustula’s less-than-optimistic stance isn’t confined to Spotify; the media research analyst likewise slapped a sell rating on Warner Music Group (NASDAQ: WMG) and Universal Music Group (UMG on the Euronext Amsterdam).

However, others are rather bullish on Spotify and the wider music space. KeyBanc analyst Justin Patterson, for instance, maintained an overweight rating for SPOT and upped his target price from $400 to a staggering $410. Of course, that’s a full $110 more than Spotify stock’s current per-share value and a whopping $180 more than Redburn Atlantic’s target.

Jefferies, for its part, is similarly positive and today issued a buy rating while setting a $385 SPOT target price (up from $242).

With Spotify poised to post its second-quarter financials on the 23rd, we’ll soon have clear-cut details about where the company (and SPOT) is heading. In general, execs including an incoming CFO are aiming to bolster revenue, reduce spending, and maximize profitability – with some of the involved moves proving highly controversial to say the least.

And just to scratch the surface of the specifics behind that overview, the monetization of podcasting and user interaction remain key focuses, as does the revenue associated with ad-supported listening. Nothing is set in stone regarding attempts to increase the latter – Spotify continues to post job listings for advertising higher-ups – but Sony Music head Rob Stringer has rather directly called for the implementation of “a modest fee” on heretofore free accounts in developed markets.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : DigitalMusicNews – https://www.digitalmusicnews.com/2024/07/11/spotify-stock-ratings-july-2024/

Tags: entertainmentSpotifystock
Previous Post

Big Hit Visionary Lenzo Yoon is Now Leaving Hybe for Good, According to a South Korean Report

Next Post

FUGA Beefs Up In Britain with One House, Critical Music & Berry’s Room Deals

Hottest engine in the world reveals weirdness of microscopic physics – New Scientist

The World’s Hottest Engine Unveils the Strange Secrets of Microscopic Physics

August 29, 2025
Secretary Greg Reed: ‘If we’re going to grow the economy, we must be able to grow the workforce’ – Yellowhammer News

Secretary Greg Reed: Expanding the Economy Starts with Growing the Workforce

August 29, 2025
South Park Is In Trouble And Needs To Change Course, Fast – yahoo.com

South Park Faces Major Challenges and Must Adapt Fast to Survive

August 29, 2025
RFK Jr. praises Texas for implementing his health vision – The Texas Tribune

RFK Jr. Applauds Texas for Leading the Way in His Bold Health Vision

August 29, 2025
Former special counsel Jack Smith responds to federal investigation against him about his prosecution of Donald Trump – CNN

Former Special Counsel Jack Smith Breaks Silence on Federal Investigation Into His Trump Prosecution

August 29, 2025
Lake Tanganyika cichlids partition habitat by time – Nature

How Lake Tanganyika Cichlids Share Their Habitat by Time to Thrive

August 29, 2025
Ancient Life “Wakes Up” After 100 Million Years Under the Seafloor – IFLScience

Ancient Life Resurfaces After 100 Million Years Hidden Beneath the Seafloor

August 29, 2025
Golden Apple: Seward science teacher helps students soar – KOLN | Nebraska Local News, Weather, Sports | Lincoln, NE

Golden Apple Award: Seward Science Teacher Inspires Students to Soar

August 29, 2025
Maverick Lifestyle Inc.’s Beta Climbs After Market Volatility getLinesFromResByArray error: size == 0 – thegnnews.com

Maverick Lifestyle Inc.’s Beta Climbs After Market Volatility getLinesFromResByArray error: size == 0 – thegnnews.com

August 29, 2025
13 Top Technology Trends (2025) – Exploding Topics

13 Game-Changing Technology Trends to Watch in 2025

August 29, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (796)
  • Economy (816)
  • Entertainment (21,695)
  • General (16,744)
  • Health (9,857)
  • Lifestyle (829)
  • News (22,149)
  • People (816)
  • Politics (823)
  • Science (16,025)
  • Sports (21,314)
  • Technology (15,796)
  • World (798)

Recent News

Hottest engine in the world reveals weirdness of microscopic physics – New Scientist

The World’s Hottest Engine Unveils the Strange Secrets of Microscopic Physics

August 29, 2025
Secretary Greg Reed: ‘If we’re going to grow the economy, we must be able to grow the workforce’ – Yellowhammer News

Secretary Greg Reed: Expanding the Economy Starts with Growing the Workforce

August 29, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version