Spotify Technology S.A., a digital music streaming company based in Luxembourg, has been given a Buy rating by UBS.

The company offers a wide range of music options, allowing users to discover new releases, including singles and albums, as well as curated playlists from fans and experts.

Spotify has two service tiers: Spotify Free, which offers shuffle play, and Spotify Premium, which provides an enhanced listening experience with ad-free play, unlimited skips, offline listening, and the ability to play any track.

The platform operates through various subsidiaries, including Spotify LTD, and is available in more than 20 countries, offering a music experience without interruptions from commercials.