Spotify reported Q3 earnings of $2.85 per share and revenue of $4.97 billion, both below analyst estimates. However, the company's stock rose 10% to $579.00 due to stronger-than-expected premium subscriber growth, which signals a reliable revenue stream. Spotify also forecasted Q4 profit above estimates, partly linked to AI investments, suggesting potential future gains despite recent earnings misses.
As of Oct 24, 2026 02:51 WIB, Spotify (SPOT) trades on Pluang at USD 580.79, showing a slight decline of 0.49% in the past day. Despite the recent 10% jump reported in the news, current Pluang order activity leans more towards selling at 62%, with a typical hold time of 112 days. The stock's market cap stands at $119.99 billion, reflecting its significant presence in the media sector.
Spotify's shares rose 10% to a 10-month high after reporting 306 million premium subscribers in Q3, surpassing forecasts by one million and showing growth across all regions. Monthly active users reached 788 million, up 11%, while revenue increased 1...
Spotify has introduced a new QR code verification system for its Family Plan to ensure members live with the plan manager. Users must scan a QR code within seven days of notification or risk losing access to Family or Duo plans for 12 months, forcing...
Spotify reported a 16% year-on-year revenue increase to €5 billion in Q3 2026, driven by a 9% rise in premium subscribers to 306 million and an 11% growth in monthly active users to 788 million. The company improved its gross margin by 1.36 percentag...
Spotify reported strong Q3 results with 788 million monthly users and nearly €5 billion in revenue. The company is focusing on the future of music listening through AI agents, which can personalize and simplify how users discover and enjoy music. Spo...
Spotify's stock rose 10% following a third-quarter report showing premium subscribers reached 306 million, surpassing guidance by 1 million. The company also raised its Q4 subscriber target to 316 million, signaling strong growth driven by global mar...
