On 4/23/2024, Spotify Technology S.A. (SPOT) reported earnings of $1.05 per share on revenue of $3.95 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.63 per share on revenue of $3.87 billion.
If you haven`t entered SPOT in the buy area:
nor before the previous earnings:
Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 270usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $20.30.
If these options prove to...
Spotify Technology ( NYSE:SPOT ), the foremost music streaming service, has reported an improvement in profitability for the first quarter of the year. During the March quarter, the company added 3 million premium subscribers, bringing the total number of paying subscribers to 239 million globally, which is in line with expectations. The number of monthly active...
After a 350% run to the up side from the October 2022 lows, Spotify has rocketed off of unprofitability and hopes to be profitable.
Last quarter it has a expected .674 earnings per share and a revenue estimate of 3.895 B.
Even if this stock beats both (somehow) it still needs to show a crazy guidance for the next quarter.
My fundamental reason (this is a joke...
Don’t short this yet! Falling wedge into earnings right below monthly fib levels. Earning may push this higher where institutions may be looking to liquidate their warehouses.
If you haven`t bought SPOT inside the Buy Area:
Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 220usd strike price in the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $18.90.
If these options prove to be profitable...
Spotify (NYSE: NYSE:SPOT ) has announced plans to raise prices for its premium subscription service in multiple markets, including the United States. The news sent Spotify shares soaring by 6% on Wednesday, following reports from Bloomberg.
According to sources familiar with the matter cited by Bloomberg, Spotify ( NYSE:SPOT ) intends to implement price hikes...
3/19/24
Price: 252.76
Analysis:
Trend Analysis:
Declining momentum, expecting bulls to fight to (+0.4%) - (+0.6%), expecting incline to continue to +2.3% thereafter, may see stagflation after... expecting total deviation of 3.1% TP @262.65 followed by +0.8% inclined TP @262.65 before significant decline.
Structure:
Market Stagnated bears look to be in favor...
Spotify -11% Correction Expected as shown on the Chart.
Not bad after a +100% Run.
Use to set your stop loss as desired.
I'm not going to give a Long or Short position, as if you got in early - will be in comfortable Profit.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies,...
Expect Market to continue Inclined momentum Raise by 5.12%. due to CPI inefficiency to be lowered, added with Euro Area securities barely making the cut but acceptable, market expected to continue incline.
* Volatility Yet to be Bullish closing @ 0.21%. Expect to try to decline but will reject & eventually overturned by Bulls Volatility bullish outbreak @ 0.25% /...
Spotify (NYSE: NYSE:SPOT ) has emerged as a juggernaut, continually breaking barriers and setting new standards. The latest report from the Swedish music streaming giant reveals an impressive surge in user growth, defying expectations and propelling its stock to new heights.
Unveiling Remarkable Performance:
Spotify's (NYSE: NYSE:SPOT ) fourth-quarter results...
As we observe current price action based on the current uptrend leading into a more than average return for tech services, there as been an accumulation from buyers propping up current valuation leading into earnings. Price should continue to make new highs last seen almost 3 years ago during june 2020, and proceed to breach prices over 240 if momentum continues...
Investment experts at UBS have upgraded their rating on Spotify Technology S.A. shares to "Buy". Analysts believe that efficiency initiatives will yield positive results. They are confident of sustained margin expansion and more robust earnings trends for the company in the coming years. The issuer's business is transnational and geographically diversified....
SPOT is flagging on the 65 min chart after a breakaway gap on Tuesday. It's been nicely surfing the 20 EMA since the beginning of the year after that big wedge break. Looks like it wants to retest $215 and make new highs.
