Spotify Technology S.A. (NYSE:SPOT) Maintains Neutral Rating from Goldman Sachs
Spotify's third-quarter results showed a 12% year-over-year revenue increase and a 12% growth in premium subscribers.The company implemented a subscription price hike in several regions, which had a minimal impact on subscriber retention.Despite a high valuation, Spotify's integration of AI and expansion of free cash flow strengthen its investment appeal.Spotify Technology S.A. (NYSE:SPOT) is a leading music streaming service known for its vast library and personalized playlists. The company competes with o ...