UBS forecasts Spotify's Q2 revenue to rise 15.6% to €4.8 billion, up from 14.2% growth in Q1, supported by price increases and steady gross margins. Premium subscriber additions are expected to slow to 6 million due to new free tier features and marketing shifts, while average revenue per user and advertising revenue are set to grow. UBS projects gross margins expanding to 33.1% and operating income of €634 million for the quarter. For 2026, UBS maintains revenue growth at 14.3%, expects €3.4 billion free cash flow, and anticipates increased share buybacks after convertible note repayments. The bank rates Spotify shares as Buy but lowered its price target to $690, citing higher costs and a reduced forward multiple, while highlighting AI tools and premium tiers as future growth drivers.
Spotify has renewed its contract with Joe Rogan for his popular podcast, "The Joe Rogan Experience," in a multi-year deal reportedly worth nine figures, similar to his previous $250 million agreement. The podcast remains the most popular in the US, w...
Investor Ray Dalio warns that the AI-driven stock market rally may burst due to rising interest rates and heavy debt financing the AI infrastructure. He highlights risks from borrowing and potential wealth taxes forcing asset sales. Meanwhile, Spotif...
Spotify is expanding its audiobook service to over 180 markets worldwide, including Europe, the Americas, the Middle East, Africa, and Asia, starting immediately and continuing over the coming months. This expansion allows more than 750 million users...
UBS remains positive on Spotify's financial outlook, forecasting 14.7% revenue growth in Q3 2026 to €4.97 billion and a 15.2% increase in premium revenue. The bank anticipates 5 million new premium subscribers supported by new features like AI tools ...
