Spotify Stock [SPOT] - Streaming Giant of the Future?

Опубликовано: 10 Ноябрь 2024
на канале: The Stoic Investor

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00:47 - 02:19 - Abit about Spotify
02:20 - 03:14 - IPO
03:15 - 05:33 - Growth, Competitors and Opportunities
05:34 - 06:58 - Financials
06:59 - 09:08 - Video content and challenges
09:90 - 10:33 - Looking ahead
10:34 - Summing up Spotify

With almost 300M Monthly active users and the world's largest podcast "The Joe Rogan Podcast" moving to the platform, it's only natural to ask whether Spotify is taking over streaming. The Swedish company, run by its founder Daniel Eik, is seeing strong user and revenue growth.

Whether you listening in on a phone, car, PC or gaming console, there's a good chance its on Spotify. From it's world leading content library and discover features, it is top of mind with consumers and has almost become synonymous with music.

Spotify IPO in 2018 and has had a decent run since then, but mostly going sideways, something not unusual for hot tech IPOS. With a solidifying lead and Joe Rogan joining the team, Spotify's share price has broken out of its trend and might be setting up for a great run.

Spotify is also financially sound and is able to keep spending to maintain its growth and invest in new revenue streams like video or original content.

Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence.

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