Spotify has been sued in New York for allegedly underpaying royalties. This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Music streaming giant Spotify has been sued in a US federal court for allegedly underpaying songwriters, composers and publishers by tens of millions of dollars. The lawsuit against Spotify U.S. was filed in New York on Thursday by the Mechanical Licensing Col ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Spotify (SPOT) . Spotify currently has an average brokerage recommendati ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this SPOT commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Shares of Spotify Technology SA (NYSE:SPOT) retested their 50-day moving average after earnings late last month, and are now trading above all major trendlines. The equity also filled a post-earnings gap, ...

Spotify (SPOT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this music-streaming service operator have returned -1.6% over the past month versus the Zacks S&P 500 composite's +0.2% change. The Zacks Technology Services industry, to which Spotify belongs, has lost 2.2% over this period. Now the key question is: Where could the stock be headed in the nea ...

Spotify (SPOT) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this music-streaming service operator is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ear ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Spotify (SPOT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Spotify currently has an average brokerage recommendation (ABR) ...

Spotify (SPOT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this music-streaming service operator have returned +9.7%, compared to the Zacks S&P 500 composite's -2% change. During this period, the Zacks Technology Services industry, which Spotify falls in, has lost 5.6%. The key question now is: What could be the stock's future direction?While m ...

At the right price, I'd buy Spotify stock.Spotify Technology (SPOT 0.20%) reported terrific earnings, growing its revenue 20% year over year, posting its third straight quarter of positive operating profits, and returning to net profitability as well. The company also added 3 million paying subscribers during the quarter, or roughly 1 million per month.Responding to the news, Benchmark analyst Matthew Harrigan on Wednesday added $50 to his price target, valuing the stock at $375 a share -- and Spotify's gro ...

No analyst on Wall Street loves Spotify stock more than Deutsche Bank. But is the banker right to call Spotify a buy?Spotify Technology (SPOT 0.20%) reported terrific earnings last week, growing paying subscribers 14%, monthly active users 19%, and revenue 20% year over year. Spotify even flipped from a year-ago loss to a $1.05-per-share profit in the first quarter of 2024.On Wednesday, Deutsche Bank urged investors to buy Spotify stock, and gave Spotify the highest price target of any analyst on Wall Stree ...