# Spotify Stock Analysis: Bullish Outlook Despite Recent Consolidation
In this insightful podcast episode, we dive deep into Spotify's current market position and future prospects. Trading around $617 per share, Spotify has experienced significant volatility over the past year, ranging from lows near $397 to highs of approximately $785. Despite currently trading below its 50-day and 200-day moving averages, the company's fundamentals tell a compelling story.
We analyze Spotify's impressive quarterly performance, where the company delivered EPS of $3.83—more than doubling Wall Street's expectations—and revenue of $5.02 billion. With a remarkable 8.46% net margin and 21.7% return on equity, Spotify's financial health appears robust despite the market's muted reaction to these stellar results.
The episode explores why analysts maintain a strong bullish consensus, with 20 buy ratings and 6 hold ratings setting an average price target of $790—suggesting substantial upside potential. We also examine institutional investor behavior, technical indicators suggesting near-term caution, and what these conflicting signals mean for investors considering Spotify in their portfolios.
Whether you're a current Spotify shareholder or evaluating the stock for potential investment, this episode provides the comprehensive analysis you need to understand both the immediate challenges and long-term growth opportunities facing this streaming giant.
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