Spotify Technology S.A. (SPOT) Stock Rating

Spotify is a global music streaming service with over 750 million monthly active users and nearly 300 million paying subscribers, who make up its premium segment. Most of its revenue and nearly all its gross profit come from subscribers, who pay a monthly fee for a music library spanning many of the most popular recordings ever made, including all from the major record labels. It also provides audiobooks and integrates podcasts within its standard music app.