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 markets and audiobook offerings. Despite rising operating expenses and a slight earnings miss, Spotify's revenue and gross margin improved, supported by premium and ad-supported segments. The key challenge ahead is sustaining subscriber growth and margin discipline amid expanding audiobook investments.
Spotify Technology shares rose 9.44% to USD 574.95 on Pluang as of Oct 22, 2026 20:51 WIB, reflecting strong investor interest. The stock trades near its 52-week high of USD 675.62 with a market cap of $108.00B. Sirius XM shares also gained 1.02%, priced at USD 27.23, maintaining steady demand with 80% buy orders on Pluang.
Skydance shares rose 10% following a sharp decline caused by the recent separation of its stock and warrants after acquiring Warner Bros. Discovery. This rebound contrasts with declines in other media stocks like Spotify and Disney, highlighting Skyd...
Comcast and Spotify are set to report their Q3 2026 earnings, highlighting contrasting subscriber trends. Comcast is losing broadband customers and facing revenue declines, while Spotify continues to grow its premium subscribers and revenue. Comcast’...
Spotify's stock has fallen about 23% over the past year, yet Jefferies analyst James Heaney remains optimistic. He raised the price target from $600 to $620 and kept a Buy rating, citing expectations that spending may soon peak and a new AI tool coul...
Jefferies expects Spotify's Q3 results to show improved advertising growth, moderated cost pressures, and a potential AI-powered remixing product launch. The bank raised its price target to $620 and maintained a Buy rating, highlighting a favorable s...
Spotify has introduced paid memberships for podcasters in 34 markets, allowing creators to offer exclusive perks like bonus content, fewer ads, or early access to shows. This new feature aims to help podcasters monetize beyond ads by engaging their b...
