639.DE
Spotify Technology S.A.
XETRAEUREQUITY
Communication Services
DELAYED
Last price
462.00
▲ 2.50 (0.54%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
462.00
Prev close
459.50
Day high
462.00
Day low
462.00
Volume
2
Market cap
$94.98B
P/E (TTM)
29.07
52W range
345.15 – 632.70
Day trading desk
Gap from prior close
0.00%
Prior close 462.00
VWAP
462.00
0.00% from price
Relative volume
0.00×
Quiet session
Session range
—
462.00 – 462.00
Position in range
—
—
ATR (14D)
15.00
3.25% of price
Prior day high
462.50
PDH
Prior day low
449.00
PDL
Bid / ask spread
—
Quote not published
Session volume
2
Avg 580
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+6.33%
+7.5%
1M
+8.20%
+4.9%
3M
+2.90%
+0.5%
6M
+16.78%
+4.9%
YTD
-6.70%
-18.7%
1Y
-23.15%
-43.3%
3Y
—
-75.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on 639.DE open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
48.22M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 14, 26 | JENKINS DUSTEE Officer |
SELL | 3.81K | $1.95M | Direct |
| Aug 14, 26 | JENKINS DUSTEE Officer |
CONVERSION | 1.72K | $260.45K | Direct |
| Aug 3, 26 | NORSTROM ALEX Chief Executive Officer |
SELL | 5.44K | $2.73M | Direct |
| Aug 3, 26 | SODERSTROM GUSTAV STIG VICTOR Chief Executive Officer |
SELL | 20.83K | $10.57M | Direct |
| Aug 3, 26 | NORSTROM ALEX Chief Executive Officer |
CONVERSION | 5.44K | $822.20K | Direct |
| Aug 3, 26 | SODERSTROM GUSTAV STIG VICTOR Chief Executive Officer |
CONVERSION | 20.83K | $3.15M | Direct |
| Jul 6, 26 | NORSTROM ALEX Chief Executive Officer |
SELL | 5.44K | $2.61M | Direct |
| Jul 6, 26 | SODERSTROM GUSTAV STIG VICTOR Chief Executive Officer |
SELL | 20.83K | $9.97M | Direct |
| Jul 6, 26 | NORSTROM ALEX Chief Executive Officer |
CONVERSION | 5.44K | $822.20K | Direct |
| Jul 6, 26 | SODERSTROM GUSTAV STIG VICTOR Chief Executive Officer |
CONVERSION | 20.83K | $3.15M | Direct |
| Jun 2, 26 | NORSTROM ALEX Chief Executive Officer |
SELL | 5.44K | $2.71M | Direct |
| Jun 2, 26 | SODERSTROM GUSTAV STIG VICTOR Chief Executive Officer |
SELL | 20.83K | $10.34M | Direct |
| Jun 2, 26 | NORSTROM ALEX Chief Executive Officer |
CONVERSION | 5.44K | $822.20K | Direct |
| Jun 2, 26 | SODERSTROM GUSTAV STIG VICTOR Chief Executive Officer |
CONVERSION | 20.83K | $3.15M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
JENKINS DUSTEE |
Officer | 39.83K | Sale |
LORENTZON SVEN HANS MARTIN |
Director | 19.01M | Sale |
LUNDSTROM ANNA |
Officer | 17.50K | Stock Award(Grant) |
MARSHALL CHRISTOPHER P |
Director | 1.08M | Stock Award(Grant) |
MCCARTHY BARRY C |
Director | — | Conversion of Exercise of derivative security |
NORSTROM ALEX |
Chief Executive Officer | 66.77K | Sale |
SARANDOS THEODORE ANTHONY JR. |
Director | 19.91K | Stock Award(Grant) |
SODERSTROM GUSTAV STIG VICTOR |
Chief Executive Officer | 20.14K | Sale |
STAGGS THOMAS O |
Director | 26.71K | Sale |
WARRIOR PADMASREE |
Director | 11.41K | Stock Award(Grant) |
Fundamentals
Market cap$94.98B
Enterprise value$87.95B
Revenue (TTM)$18.11B
Gross profit$5.94B
EBITDA$2.68B
Net income$3.34B
EPS (TTM)$15.89
Free cash flow$1.54B
Total cash$6.98B
Total debt$466.00M
Book value / share$40.79
Shares outstanding205.58M
Float157.07M
Short % of float—
Dividend yield—
Beta (5Y)1.58
Valuation & profitability ratios
Trailing P/E29.07
Forward P/E29.88
PEG ratio1.93
Price / sales—
Price / book11.33
EV / revenue4.86
EV / EBITDA32.78
Gross margin32.77%
Operating margin13.71%
Profit margin18.43%
Return on equity44.48%
Return on assets12.19%
Debt / equity5.56
Current ratio2.11
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $17.19B | $15.67B | $13.25B | $11.73B | +9.7% |
| Operating revenue | $17.19B | $15.67B | $13.25B | $11.73B | +9.7% |
| Cost of revenue | $11.69B | $10.95B | $9.85B | $8.80B | +6.8% |
| Gross profit | $5.50B | $4.72B | $3.40B | $2.93B | +16.3% |
| Research & development | $1.39B | $1.49B | $1.73B | $1.39B | -6.3% |
| Selling, general & admin | $1.91B | $1.87B | $2.12B | $2.20B | +1.7% |
| Total operating expense | $3.30B | $3.36B | $3.84B | $3.58B | -1.8% |
| Operating income | $2.20B | $1.36B | -$446.00M | -$659.00M | +61.0% |
| Net interest income | $226.00M | $199.00M | $93.00M | $2.00M | +13.6% |
| Pre-tax income | $2.22B | $1.34B | -$505.00M | -$370.00M | +65.8% |
| Tax provision | $12.00M | $203.00M | $27.00M | $60.00M | -94.1% |
| Net income | $2.21B | $1.14B | -$532.00M | -$430.00M | +94.4% |
| Net income to common | $2.21B | $1.14B | -$532.00M | -$430.00M | +94.4% |
| Basic EPS | 10.77 | 5.67 | -2.73 | -2.23 | +89.9% |
| Diluted EPS | 10.51 | 5.50 | -2.73 | -2.93 | +91.1% |
| EBIT | $2.25B | $1.38B | -$467.00M | -$329.00M | +63.8% |
| EBITDA | $2.36B | $1.50B | -$309.00M | -$158.00M | +57.3% |
| Basic shares | 205.41M | 200.62M | 194.73M | 192.93M | +2.4% |
| Diluted shares | 210.51M | 206.99M | 194.73M | 195.85M | +1.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.26B | $4.78B | $3.11B | $2.48B | — | +10.0% |
| Cash & short-term investments | $9.47B | $7.45B | $4.21B | $3.35B | — | +27.1% |
| Accounts receivable | $536.00M | $540.00M | $602.00M | $502.00M | — | -0.7% |
| Total current assets | $10.50B | $8.38B | $5.26B | $4.35B | — | +25.3% |
| Property, plant & equipment | $422.00M | $414.00M | $547.00M | $765.00M | — | +1.9% |
| Goodwill & intangibles | $1.12B | $1.25B | $1.22B | $1.29B | — | -10.0% |
| Total assets | $15.02B | $12.01B | $8.35B | $7.64B | — | +25.1% |
| Total current liabilities | $6.08B | $4.45B | $4.09B | $3.52B | — | +36.7% |
| Current debt | $1.46B | — | — | — | — | — |
| Long-term debt | — | $1.54B | $1.20B | $1.13B | $1.20B | — |
| Total debt | $1.96B | $2.08B | $1.70B | $1.68B | — | -5.8% |
| Total liabilities | $6.69B | $6.48B | $5.82B | $5.24B | — | +3.2% |
| Retained earnings | -$832.00M | -$3.04B | -$4.18B | -$3.65B | — | +72.7% |
| Shareholder equity | $8.33B | $5.53B | $2.52B | $2.40B | — | +50.8% |
| Working capital | $4.41B | $3.93B | $1.17B | $836.00M | — | +12.3% |
| Net tangible assets | $7.21B | $4.28B | $1.30B | $1.11B | — | +68.5% |
| Shares issued | 209.49M | 207.48M | 201.34M | 196.86M | — | +1.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $2.21B | $1.14B | -$532.00M | -$430.00M | +94.4% |
| Depreciation & amortisation | $102.00M | $121.00M | $158.00M | $171.00M | -15.7% |
| Stock-based compensation | $247.00M | $267.00M | $321.00M | $381.00M | -7.5% |
| Change in working capital | $248.00M | $376.00M | $464.00M | $191.00M | -34.0% |
| Operating cash flow | $2.93B | $2.30B | $680.00M | $46.00M | +27.5% |
| Capital expenditure | -$61.00M | -$17.00M | -$6.00M | -$25.00M | -258.8% |
| Investing cash flow | -$1.78B | -$1.49B | -$217.00M | -$423.00M | -20.1% |
| Share buybacks | -$439.00M | $0 | $0 | -$2.00M | — |
| Financing cash flow | -$381.00M | $729.00M | $234.00M | -$40.00M | -152.3% |
| Free cash flow | $2.87B | $2.28B | $674.00M | $21.00M | +25.7% |
| End cash position | $5.26B | $4.78B | $3.11B | $2.48B | +10.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $4.78B | $4.53B | $4.53B | $4.27B | $4.19B | — | +5.4% |
| Operating revenue | $4.78B | $4.53B | $4.53B | $4.27B | $4.19B | — | +5.4% |
| Cost of revenue | $3.18B | $3.04B | $3.03B | $2.92B | $2.87B | — | +4.7% |
| Gross profit | $1.60B | $1.50B | $1.50B | $1.35B | $1.32B | — | +6.8% |
| Research & development | $403.00M | $331.00M | $290.00M | $309.00M | $415.00M | — | +21.8% |
| Selling, general & admin | $538.00M | $449.00M | $508.00M | $460.00M | $499.00M | — | +19.8% |
| Total operating expense | $941.00M | $780.00M | $798.00M | $769.00M | $914.00M | — | +20.6% |
| Operating income | $655.00M | $715.00M | $701.00M | $582.00M | $406.00M | — | -8.4% |
| Net interest income | $49.00M | $56.00M | $57.00M | $56.00M | $56.00M | — | -12.5% |
| Pre-tax income | $720.00M | $937.00M | $1.02B | $827.00M | $48.00M | — | -23.2% |
| Tax provision | $175.00M | $216.00M | -$153.00M | -$72.00M | $134.00M | — | -19.0% |
| Net income | $545.00M | $721.00M | $1.17B | $899.00M | -$86.00M | — | -24.4% |
| Net income to common | $545.00M | $721.00M | $1.17B | $899.00M | -$86.00M | — | -24.4% |
| Basic EPS | 2.65 | 3.50 | 5.71 | — | -0.42 | 1.10 | -24.3% |
| Diluted EPS | 2.61 | 3.45 | 4.43 | — | -0.42 | 1.07 | -24.3% |
| EBIT | $728.00M | $944.00M | $1.03B | $835.00M | $56.00M | — | -22.9% |
| EBITDA | $757.00M | $970.00M | $1.05B | $859.00M | $82.00M | — | -22.0% |
| Basic shares | 205.79M | 205.72M | 205.77M | — | 205.43M | 204.47M | +0.0% |
| Diluted shares | 208.86M | 209.28M | 212.49M | — | 205.43M | 210.24M | -0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5.94B | $5.25B | $5.26B | $5.46B | $5.16B | — | +13.0% |
| Cash & short-term investments | $9.39B | $8.75B | $9.47B | $9.06B | $8.34B | — | +7.3% |
| Accounts receivable | $543.00M | $463.00M | $536.00M | $511.00M | $509.00M | — | +17.3% |
| Total current assets | $10.38B | $9.66B | $10.50B | $10.06B | $9.30B | — | +7.4% |
| Property, plant & equipment | $418.00M | $409.00M | $422.00M | $416.00M | $417.00M | — | +2.2% |
| Goodwill & intangibles | $1.15B | $1.14B | $1.12B | $1.11B | $1.11B | — | +0.5% |
| Total assets | $13.75B | $13.13B | $15.02B | $14.69B | $13.46B | — | +4.7% |
| Total current liabilities | $4.91B | $4.69B | $6.08B | $6.24B | $6.31B | — | +4.8% |
| Current debt | — | — | $1.46B | $1.74B | $1.93B | $1.65B | — |
| Long-term debt | — | — | — | — | — | — | — |
| Total debt | $466.00M | $476.00M | $1.96B | $2.25B | $2.38B | — | -2.1% |
| Total liabilities | $5.36B | $5.12B | $6.69B | $6.91B | $6.84B | — | +4.8% |
| Retained earnings | $421.00M | -$124.00M | -$832.00M | -$2.01B | -$2.90B | — | +439.5% |
| Shareholder equity | $8.38B | $8.01B | $8.33B | $7.78B | $6.63B | — | +4.7% |
| Working capital | $5.46B | $4.97B | $4.41B | $3.82B | $2.99B | — | +9.9% |
| Net tangible assets | $7.24B | $6.87B | $7.21B | $6.67B | $5.52B | — | +5.4% |
| Shares issued | 205.58M | 209.74M | 209.49M | 208.99M | 208.49M | — | -2.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $545.00M | $721.00M | $1.17B | $899.00M | -$86.00M | -24.4% |
| Depreciation & amortisation | $29.00M | $26.00M | $25.00M | $24.00M | $26.00M | +11.5% |
| Stock-based compensation | $86.00M | $56.00M | $57.00M | $75.00M | $73.00M | +53.6% |
| Change in working capital | $89.00M | $29.00M | $24.00M | $101.00M | $202.00M | +206.9% |
| Operating cash flow | $816.00M | $836.00M | $856.00M | $829.00M | $709.00M | -2.4% |
| Capital expenditure | -$20.00M | -$5.00M | -$22.00M | -$23.00M | -$10.00M | -300.0% |
| Investing cash flow | $62.00M | $732.00M | -$629.00M | -$438.00M | -$404.00M | -91.5% |
| Share buybacks | -$232.00M | -$306.00M | -$381.00M | -$58.00M | $0 | +24.2% |
| Financing cash flow | -$218.00M | -$1.61B | -$418.00M | -$100.00M | $11.00M | +86.5% |
| Free cash flow | $796.00M | $831.00M | $834.00M | $806.00M | $699.00M | -4.2% |
| End cash position | $5.94B | $5.25B | $5.26B | $5.46B | $5.16B | +13.0% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $4.98B | +16.7% |
| Next quarter | — | — | $5.24B | +15.6% |
| Current year | 12.56 | 1 | $19.54B | +13.7% |
| Next year | 15.46 | 1 | $22.31B | +14.2% |
Analyst targets & ownership
Mean target$448.30
High target$448.30
Low target$448.30
Implied upside-2.97%
Analyst count1
ConsensusNONE
Strong buy / Buy1 / 0
Hold1
Sell / Strong sell0 / 0
Held by insiders23.46%
Held by institutions69.16%
Institutions holding1.85K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
446.05
+3.58% from price
SMA 20
441.05
+4.75% from price
SMA 50
425.68
+8.53% from price
SMA 100
420.05
+9.99% from price
SMA 200
439.67
+5.08% from price
EMA 12
447.83
+3.16% from price
EMA 26
439.04
+5.23% from price
EMA 50
431.75
+7.01% from price
RSI (14)
61.5
Neutral
MACD (12,26,9)
8.79
Hist 2.90
ATR (14)
15.00
3.25% of price
Realised vol 30D
37.1%
Annualised
Bollinger upper
469.54
20, 2σ
Bollinger lower
412.56
20, 2σ
50 / 200 cross
Death
425.68 vs 439.67
Trend bias
Above 200
+5.08%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.12
Less volatile than market
Correlation to SPY
0.04
Largely independent
Realised vol 30D
37.1%
Annualised
Market vol 1Y
12.8%
SPY, annualised
Max drawdown 1Y
-43.6%
Peak to trough
Max drawdown 5Y
-47.2%
Peak to trough
ATR 14
15.00
3.25% of price
Beta (reported)
1.58
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 13, 26 | Argus Research | MAINTAINED | Buy | Buy |
| Aug 5, 26 | Cantor Fitzgerald | MAINTAINED | Neutral | Neutral |
| Aug 5, 26 | Guggenheim | MAINTAINED | Buy | Buy |
| Aug 5, 26 | Rosenblatt | MAINTAINED | Neutral | Neutral |
| Jul 22, 26 | Benchmark | MAINTAINED | Buy | Buy |
| Jul 10, 26 | UBS | MAINTAINED | Buy | Buy |
| Jul 9, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jul 9, 26 | Rosenblatt | MAINTAINED | Neutral | Neutral |
| May 26, 26 | Cantor Fitzgerald | MAINTAINED | Neutral | Neutral |
| May 22, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| May 22, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| May 22, 26 | Citizens | MAINTAINED | Market Outperform | Market Outperform |
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.