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spotify stock rebounds as analysts predict strong growth and profitability

Spotify's stock rebounded off its 50-day moving average, making it actionable after clearing a monthlong downtrend. Analysts expect the company to report earnings of $2.07 per share on February 4, with projections of adding 7.9 million premium subscribers in Q4, bringing the total to 259.9 million. Morgan Stanley and BofA Securities both label Spotify as a "top pick" for 2025, citing its market-leading position and potential for profitability.
Investor's Business Daily
Spotify Technology S.A. SWE Jessica Reif Ehrlich Patrick Seitz Benjamin Swinburne Show more
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18:30 03.01.2025
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