IB Net Payout Yields Model

Spotify: Major Catalysts Ahead

 

  • Spotify reported solid Q3'21 earnings with revenue growing 27%.
  • The company is poised to build a second strong revenue stream via Ad-Supported revenues.
  • The stock is cheap compared to peers at only 4x '22 sales targets.
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Spotify Technology (SPOT) continues to build on a strong business shift from a pure focus on streaming music where profit margin were low. The company is one of the few media companies shifting towards ad revenues and away from premium subscription services, to open up a massive digital advertising opportunity. My investment thesis remains very Bullish on the stock following weakness earlier this year.

Read the full article on Seeking Alpha.

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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