Spotify (SPOT 2.01%) reported revenue, subscribers, and profits increases, which has investors cheering the outcome.
*Stock prices used were the afternoon prices of Nov. 13, 2024. The video was published on Nov. 15, 2024.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Why Is Spotify Stock Soaring, and Is It Still a Buy?
By Parkev Tatevosian, CFA
–
Nov 16, 2024 at 9:45AM
NYSE: SPOT
Spotify Technology
Market Cap
$143B
Today's Change
(2.01%) $14.28
Current Price
$723.78
Price as of July 3, 2025, 12:58 p.m. ET
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Spotify Technology. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Spotify Technology
SPOT
$723.78
(2.01%)
$14.28
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Which High-Flying Growth Stock Is Wall Street Most Bullish About: Palantir, Robinhood, or Spotify?
Spotify Stock Has Soared 57% in 2025, but Here's 1 Big Reason Investors Should Be Cautious
This Monster Streaming Stock Has Quietly Crushed Netflix in 2025. Could a Stock Split Be on the Horizon?
3 Red-Hot Growth Stocks to Buy in 2025
S&P 500 Correction: 1 Spectacular Growth Stock to Buy Now and Hold for the Long Run
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.