Pomerantz LLP is investigating Spotify for potential securities fraud following the company's Q1 2026 report, which showed subscriber growth and ad revenues below expectations. Spotify projected 299 million premium subscribers for Q2 2026, short of the 300.3 million consensus estimate, and reported lower-than-expected ad revenues. The stock price dropped 12.43% on April 28, 2026, after the announcement. The investigation will determine if Spotify or its executives engaged in unlawful business practices.
Spotify Technology SA is forecasted to deliver steady second-quarter results, with Jefferies maintaining a positive long-term outlook and a $600 price target. The investment bank expects gross margins around 33.1%, revenue growth of 15% year-over-yea...
Spotify has extended its "Managed Accounts" feature, allowing parents to control their children's music listening, to its free tier in the U.S., U.K., Australia, France, Germany, and the Netherlands. Previously available only to paid subscribers, thi...
Spotify has introduced a new AI-powered chat feature for Premium users in the U.S., Ireland, and Sweden, allowing interactive conversations to select music, podcasts, or audiobooks. Available on iOS and Android for users 18+, the beta release lets us...
