The Market Just Crossed a Dangerous Line

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

SPOT
Spotify Technology S.A
NYSE
585.47
Open 596.68 Prev Close 584.98
High 602.37 Low 577.78
Volume 2,602,117 Volume (Avg) 1,594
52 Week High 785.00 52 Week Low 443.21
Market Cap 120.5B PE Ratio 91.35

Shares Stats

Shares Outstanding206,080,000
Shares Float147,620,000
Shares Short7,140,000
Insider Holdings2418%
Institution Holdings68.07%

About Spotify Technology S.A

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg, Luxembourg.

General

NameSpotify Technology S.A
TickerSPOT
ExchangeNYSE
SectorCommunication Services
IndustryInternet Content & Information
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees7,691

Highlights

Analyst Target761.57
Market Cap120,544,800,000
PE Ratio91.35
PEG Ratio1.47
EBITDA2,038,000,000

Financials

Curr Year EPS Estimate7.57
Next Quarter EPS Estimate2.57
Profit Margin8.46%
Operating Margin11.70
Return on Assets0.10
Return on Equity0.23
Revenue18.7B
Earnings Per Share7.72
Revenue Per Share82.55
Gross Profit5,382,000,128
Quarterly Revenue Growth0.07

Valuation

Trailing PE75.77
Forward PE43.10
Price/Sales (Trailing 12 Mt.)7.13
Price/Book (Most Recent Quarter)13.39

Earnings

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