SPOT-SPOTIFY TECHNOLOGY SA

Spotify Outperforms Expectations with Strong Q3 Earnings, Stock Surges Over 14% and Analysts Raise Price Targets

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Monday

18 November, 2024

Spotify's remarkable Q3 results showcase a revenue leap to $4.2 billion and a surge in paying subscribers, driving its stock up over 100% this year. With analysts raising price targets amid a booming audio advertising market, can Spotify maintain its momentum in an increasingly competitive landscape?

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