Spotify Technology S.A. (SPOT)
Coverage summary
Aardvark Labs Capital Research has covered Spotify Technology S.A. (SPOT) since November 5, 2025. The company is in the Communication Services sector. This page lists 5 reports: 5 earnings recaps.
The latest is the Q3 2026 Earnings Recap, published October 25, 2026. The current rating is Outperform, unchanged since the Q4 2025 Earnings Recap of February 11, 2026. The rating has changed once since coverage began.
Translations: 4 in Chinese.
Rating history
All SPOT reports
Recap: Q3 2026
The Quarter Spotify Promised: Subscribers Beat, Advertising Triples Its Growth Rate and Spending Peaks on Schedule; Maintaining Outperform
Recap: Q2 2026
The 300 Millionth Subscriber, a Record Margin, and a User Guide Spotify Cut On Purpose: Maintaining Outperform
Recap: Q1 2026
A Record Quarter, Then a Spending Quarter Nobody Was Warned About: Maintaining Outperform With a Lower Fair Value
Recap: Q4 2025
The Multiple Fell a Third on a Story About AI While the P&L Did the Opposite: Upgrading Spotify to Outperform
Recap: Q3 2025
Every Guided Line Beaten, and Almost None of It From the Engine Room: Initiating Spotify at Hold