3/5/2023 0 Comments Spotify stock price prediction![]() ![]() Spotify Technology met its Q3 forecast for paying subscribers and a few other metrics, but average revenue per user declined due to promotional accounts for families and students. Half Full or Half Empty? -6% ARPU in Q3 Compared to -12% ARPU in Q2 This analysis has been updated to include the recent partnership with Google and programmatic offering Ad Studio. Portions of this article were originally published September 27 th, 2018 under 8 Reasons Spotify will be a Sell Recommendation by 2019 at $184 per share. Known as programmatic advertising, this method of monetizing data to supplement music revenue may be Spotify’s only hope to stave off competitors who nip at the heels of the music-streaming app Summary: According to Q3 earnings calls, Spotify may seek to broker user data in order to keep average revenue per user afloat. ![]() Share this: Share on Facebook Share on Twitter Share on Linkedin Share on Reddit ![]()
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