Spotify's shares fell more than 10% in premarket trading after the company reported Q1 earnings and issued a Q2 forecast below analyst expectations. While Spotify added subscribers and grew revenue in early 2026, its projected operating income of €630 million and 299 million paid subscribers for Q2 fell short of forecasts. The company reported 293 million paid subscribers and €4.53 billion revenue in Q1, beating operating income expectations. Leadership changes and AI challenges also mark Spotify's recent developments. The stock decline reflects investor concerns over growth outlook despite solid current results.
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...
