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Stock impact report

Spotify Lifts Monthly Premium Fee to $12.99 [Yahoo! Finance]

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: Yahoo! Finance
S.A. (NYSE:SPOT) announced price hikes for premium subscriptions. Starting from billings in February, the subscription rate will rise from $11.99/month to $12.99/month. According to CNBC, Spotify Technology S.A. (NYSE:SPOT) last raised the Premium price for U.S. users in June 2024 to $11.99 per month. As stated in the company's announcement, Over the next month, Premium subscribers across the U.S., Estonia, and Latvia will receive an email explaining what this update means for their subscriptions. Occasional updates to pricing across our markets reflect the value that Spotify delivers, enabling us to continue offering the best possible experience and benefit artists. Photo by Alexander Shatov on Unsplash On the same day, Jefferies trimmed the price target on Spotify Technology S.A. (NYSE:SPOT) to $750 from $800 and maintained a ‘Buy' rating. The firm keeps the company as a “Top Pick” due to projections of revenue acceleration in 2026, driven by price increases and sustained su Show less Read more
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