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
Check Earnings Report
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
SPOT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPOT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPOT alerts
High impacting Spotify Technology S.A. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SPOT
News
- Spotify delivers improved margins, offsetting Q3 results miss [Yahoo! Finance]Yahoo! Finance
- Spotify Technology S.A. Releases Financial Results for Third Quarter 2024Business Wire
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Benchmark Co. from $430.00 to $440.00. They now have a "buy" rating on the stock.MarketBeat
- Here's Why Spotify (SPOT) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Sony's Music Lineup and Image Sensors Deliver Profit Beat [Yahoo! Finance Canada]Yahoo! Finance Canada
SPOT
Earnings
- 7/23/24 - Beat
SPOT
Sec Filings
- 11/12/24 - Form 6-K
- 11/5/24 - Form SCHEDULE
- 10/29/24 - Form 144
- SPOT's page on the SEC website