SPOT

Spotify Technology S.A.
NYSEUSDEQUITY Communication Services DELAYED
Last price
488.45
▲ 5.40 (1.12%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
483.00
Prev close
483.05
Day high
492.07
Day low
478.00
Volume
1.13M
Market cap
$100.35B
P/E (TTM)
27.75
52W range
405.00 – 700.12

Day trading desk

Current session · delayed
Gap from prior close
-0.01%
Prior close 483.05
VWAP
487.67
+0.16% from price
Relative volume
1.52×
Unusually busy
Session range
2.94%
478.00 – 492.07
Position in range
74%
Near session high
ATR (14D)
16.39
3.36% of price
Prior day high
484.20
PDH
Prior day low
470.25
PDL
Bid / ask spread
—
Quote not published
Session volume
2.54M
Avg 1.67M

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

Price return · vs SPY
Returnvs SPY
1W
-1.12% -3.1%
1M
-10.01% -11.2%
3M
+0.60% -3.9%
6M
+1.02% -17.2%
YTD
-15.94% -30.2%
1Y
-28.27% -44.7%
3Y
+215.66% +133.4%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on SPOT 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

6m · Form 4 rollup
Net shares
+44.18K
Net buying
Buy transactions
24
222.93K shares
Sell transactions
14
178.74K shares
Net transactions
+38
Buys less sells
Sell : buy shares
0.8 : 1
Mixed
Insider-held shares
48.22M
Total on file
Bought 222.93KSold 178.74K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 14, 26
SODERSTROM GUSTAV STIG VICTOR
Chief Executive Officer
SELL 20.91K $11.38M Direct
Sep 14, 26
SODERSTROM GUSTAV STIG VICTOR
Chief Executive Officer
CONVERSION 20.91K $3.16M Direct
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
NORSTROM ALEX
Chief Executive Officer
CONVERSION 5.44K $822.20K Direct
Aug 3, 26
SODERSTROM GUSTAV STIG VICTOR
Chief Executive Officer
SELL 20.83K $10.57M 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
NORSTROM ALEX
Chief Executive Officer
CONVERSION 5.44K $822.20K Direct
Jul 6, 26
SODERSTROM GUSTAV STIG VICTOR
Chief Executive Officer
SELL 20.83K $9.97M 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
NORSTROM ALEX
Chief Executive Officer
CONVERSION 5.44K $822.20K 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.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
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 20.02K Sale
STAGGS THOMAS O
Director 26.71K Sale
WARRIOR PADMASREE
Director 11.41K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$100.35B
Enterprise value$93.83B
Revenue (TTM)$18.11B
Gross profit$5.94B
EBITDA$2.68B
Net income$3.34B
EPS (TTM)$17.59
Free cash flow$1.54B
Total cash$6.98B
Total debt$466.00M
Book value / share$46.46
Shares outstanding205.58M
Float157.11M
Short % of float2.86%
Dividend yield0.00%
Beta (5Y)1.61

Valuation & profitability ratios

Account required
Trailing P/E27.75
Forward P/E28.28
PEG ratio1.37
Price / sales—
Price / book10.51
EV / revenue5.18
EV / EBITDA34.97
Gross margin32.77%
Operating margin13.71%
Profit margin18.43%
Return on equity44.48%
Return on assets12.19%
Debt / equity5.56
Current ratio2.11
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
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 10.775.67-2.73-2.23 +89.9%
Diluted EPS 10.515.50-2.73-2.93 +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 205.41M200.62M194.73M192.93M +2.4%
Diluted shares 210.51M206.99M194.73M195.85M +1.7%

Options analytics

Account required
Put / call volume
0.93
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
300.00
-38.5% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
670
Contracts, this expiry
Put volume
623
Contracts, this expiry
Heaviest call OI
300.00
0 contracts
Heaviest put OI
300.00
0 contracts

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.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.802.61 -6.7%
Mar 2026 2.923.45 +18.0%
Dec 2025 2.844.43 +55.8%
Sep 2025 2.133.28 +53.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 2.85 19 $4.99B +16.7%
Next quarter 3.37 18 $5.24B +15.6%
Current year 12.25 27 $19.53B +13.7%
Next year 15.39 27 $22.33B +14.4%

Analyst targets & ownership

Account required
Mean target$595.48
High target$702.21
Low target$409.62
Implied upside21.91%
Analyst count37
ConsensusBUY
Strong buy / Buy8 / 24
Hold7
Sell / Strong sell0 / 0
Held by insiders23.46%
Held by institutions68.84%
Institutions holding1.84K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
494.58
-1.24% from price
SMA 20
511.73
-4.61% from price
SMA 50
516.37
-5.47% from price
SMA 100
497.91
-1.90% from price
SMA 200
499.47
-2.27% from price
EMA 12
497.04
-1.73% from price
EMA 26
508.27
-3.90% from price
EMA 50
509.41
-4.12% from price
RSI (14)
41.6
Neutral
MACD (12,26,9)
-11.24
Hist -4.21
ATR (14)
16.39
3.36% of price
Realised vol 30D
37.7%
Annualised
Bollinger upper
558.02
20, 2σ
Bollinger lower
465.45
20, 2σ
50 / 200 cross
Golden
516.37 vs 499.47
Trend bias
Below 200
-2.27%

Options chain

Account required
Expiry
Spot 488.45
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.34
Less volatile than market
Correlation to SPY
0.10
Largely independent
Realised vol 30D
37.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-40.4%
Peak to trough
Max drawdown 5Y
-76.4%
Peak to trough
ATR 14
16.39
3.36% of price
Beta (reported)
1.61
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
4.52M
Prior 4.93M
Change vs prior
-8.2%
Shorts covering
% of float
2.86%
Normal
% of shares out
2.20%
Against total outstanding
Days to cover
2.9
Liquid
Float
157.11M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

461 on file
DateFirm ActionFromTo
Oct 5, 26 UBS MAINTAINED Buy Buy
Oct 1, 26 Keybanc MAINTAINED Overweight Overweight
Sep 29, 26 Evercore ISI Group MAINTAINED Outperform Outperform
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

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

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.