SPOT - Spotify Technology S.A.
Spotify delivered Q3 results below analyst expectations, missing on both revenue and adjusted EPS despite strong subscriber growth. SPOT's competitive position remains robust, with leading market share and exclusive content, but it faces bundling threats from Apple and YouTube Music. Management guides for Q4 revenue of €5.2B, a 33.8% gross margin, and 10% user growth, supporting a near-term positive outlook.
Shares of Spotify Technology NYSE: SPOT surged following the company's latest earnings report, ending its two-quarter streak of post-earnings falls. Spotify shares gained 11%, good for the entertainment stock's largest single-day gain since May, and leaving shares roughly flat on the year.
Spotify Technology S.A. SPOT used its third-quarter 2026 earnings call to emphasize improving advertising trends, subscriber resilience and a slower pace of expense growth.
Spotify stock jumped 11% after Q3 results. Can AI growth and improving margins fuel further gains?
Spotify Technology S.A. (NYSE:SPOT) on Thursday reported downbeat third-quarter earnings and revenue.
On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, picked Zscaler, Inc. (NASDAQ:ZS).
Spotify Technology NYSE: SPOT reported third-quarter 2026 results that met or exceeded its guidance across revenue, monthly active users, subscribers, gross margin and operating income, while executives highlighted improving advertising growth, expanding audiobook availability and continued investment in artificial intelligence-driven features.
On October 22, 2026, Spotify Technology SA (SPOT) shares experienced a notable increase of 11.1%, bringing the current price to $583.66. This rise occurs within
Spotify is adding subscribers at a rapid clip. Audiobooks and other new features should drive further gains.
Spotify Technology S.A. (SPOT) Q3 2026 Earnings Call Transcript
Spotify reached 306 million premium subscribers in the third quarter. Spotify is expanding audiobooks to more than 180 global markets.
Spotify shares jumped 10% at $572 billion Thursday to a 10-month high as the music streaming giant hit 306 million premium subscribers in the September quarter (up 9% year on year) – one million ahead of forecasts, and with growth across all regions.
Spotify confirmed the reports of its crackdown on Family Plan sharing during its third-quarter call with investors, calling its new method “a routine improvement” to its existing verification tools.
Spotify Technology SA (NYSE:SPOT) increased revenue by 16% year-on-year to €5 billion in the third quarter, as subscriber growth and improving margins supported an operating income of €672 million. Premium subscribers rose 9% to 306 million, while monthly active users increased 11% to 788 million, with subscriber growth recorded across every region.
Spotify had a strong third quarter, reaching 788 million monthly active users and generating nearly €5 billion (around $5.6 billion USD) in revenue. But the more interesting takeaway from its earnings call was how the company sees people listening to music in the future, and why the rise of AI agents could be good news for its business.
Spotify Technology S.A.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Although the revenue and EPS for Spotify (SPOT) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Spotify Technology shares SPOT rose on Thursday after the music streaming company forecast fourth-quarter operating income above Wall Street expectations, supported by subscriber growth and investments in artificial intelligence-powered features. The stock gained 8.6% in trading, outperforming a broader market decline driven by renewed concerns about AI spending and technology valuations.
A third-quarter subscriber count that exceeded its own guidance has put Spotify Technology (NYSE:SPOT | SPOT Price Prediction) at the front of a soft media group. Spotify stock is at $579.