Ad spending expected to shift as economic downturn looms -- analyst [Seeking Alpha]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Seeking Alpha
within the Media and Cable category to assume increased cord cutting, reduced ad spending, and a prolonged consumer spending pull back. As ad spending tends to shift during economic cycles, Cahill sees the economic outlook favoring names like Spotify ( NYSE: SPOT ), which generates most of its revenue from subscriptions, while media and broadcast faces elevated risks. Spotify's ( SPOT ) subscription-based model could insulate the company from downside pressures, with Cahill anticipating just ~4% EBITDA downside in an ad recession, which is less than Spotify's ( SPOT ) potential to beat/raise quarterly expectations. “We think consumers may go to more movies,” Cahill says, with Cinemark Holdings ( CNK ), and IMAX ( IMAX ) the only names with recession stock price absolute upside. Netflix ( NFLX ) remains a defensive name, but there is the increased potential of down-tiering from ad-free plans to ads, and while cable has a low EBITDA sensitivity, fiber installations could re-acce
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News
- Joe Rogan says Kamala Harris is ‘nailing it' against Trump [Fortune]Fortune
- Spotify Technology And 2 Other Stocks Possibly Undervalued [Yahoo! Finance]Yahoo! Finance
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at KeyCorp from $420.00 to $440.00. They now have an "overweight" rating on the stock.MarketBeat
- Prediction: These 2 Phenomenal Stocks Are Set to Soar [Yahoo! Finance]Yahoo! Finance
- What Makes Spotify (SPOT) a Good Investment? [Yahoo! Finance]Yahoo! Finance
SPOT
Earnings
- 7/23/24 - Beat
SPOT
Sec Filings
- 9/12/24 - Form 144
- 8/22/24 - Form 144/A
- 8/21/24 - Form 144
- SPOT's page on the SEC website