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Spotify

Spotify Rumored Buyout of SONO - $4 Billion or more, Over $31Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California. "We are hearing from a European desk (Spotify is based in Sweden) that Spotify is preparing a roughly $4 billion bid to acquire home entertainment company Sonos (over $31 per share). There has been talk of an interest by Apple in Sonos, but the Sonos board is prepared to go ahead with Spotify. Dont know stock/cash terms." Lets see what happens. Rumor SONO will be bought has been circulating for several months. Today's price action tells us something is brewing! Best of luck folks! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NASDAQ:SONOLong
by HotCharts
1
The first European tech stock with $50 billion market capCongrats to Spotify. Here's a fact I just read: they are the first European tech company to hit a market cap of $50 billion. Hopefully this inspires more apps and tech improvements like it out of Europe. How much higher can it go? I don't know. But he breakout is really fascinating from a tech perspective and global story. There is a lot of bad news out there, so if you focus and work to find the good news, it is right in front of you. I have never owned Spotify and happen to be an Apple Music person myself, but once again, that is quite the achievement. In addition, they are going into podcasts, video, and more. Get ready Youtube and Apple podcasts. Competition is picking up.
NYSE:SPOT
by scheplick
1
Spotify | Sell Or Buy | What to do guide & Targets | 4H |SPOT has reached oversold conditions at 76.65 RSI on new highs. It has massive gains in the last two days of 21%. I will call for a correction. If you bearish the follow Targets are 38.2% correction at $217.48. (5.57%) Second Target $210.09 with 50% retracement with or (-9.48%) correction Last Target $202.12 with a 61.8% retracement and (-12.48%) Correction IF you are bull and want to keep riding or looking forward to getting in The next target is $280 with a retracement forward of 261.8% Trade safe and do you own DD.
NYSE:SPOT
by Winallday310
Spotify Technical AnalysisLong Term - go long, but wait the end of the price retracement - always invest in the trend direction - if it is possible. Short term, go short as per below suggestions: Retracement Price Stage: Using Fibonacci Speed Fan. Target Price 1 - 220 USD Target Price 2 - 205 USD Fundamental News: Spotify Technology SA (NYSE: SPOT) gained this week after The Wall Street Journal reported the company has signed an exclusive deal with Kim Kardashian West for a new podcast focused on criminal justice.
NYSE:SPOTLong
by Mauriello
💿 Anybody Use CDs Anymore? (SPOT)🤔 Very critical crossroads of two major support levels for streaming platform Spotify. Key focus is the red circle, 177.94. If broke I'd look to short as that would break horizontal and upward channel support. Could lead to a drop towards 156. I would watch this on a 3 hour timeframe to see if it wants to curl or break based on the Crossover strategy and the ema dots indicator. Pat attention to the candle, engulfing vs doji will show you what to play. If curls and Crossover take place we look to move towards the top of the channel towards first level of 195.47. We test that for a breakout to go to new highs. Best of luck to you! 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
NYSE:SPOT
by UnknownUnicorn2319099
2
Joe Rogan already made Spotify $3.22 Billion + the FutureFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are a few insights. Since Spotify was already mostly on a bullish run, and the market had a chance to retrace from most of the noise, I am using a $160 to $180 price as a metric not $190. If you look at 20/160 you get 0.125. Now I am going to multiple by 0.78 as hype multiple rather than attributing all that growth to just the deal. 78% is still way too generous, but I think it is decent given how popular Joe Rogan is. 0.125*0.78 is coincidentally right on 0.0975. I multiple that by the current market cap and get 3.22452 billion. I seen this YouTuber do a video saying the Joe Rogan deal made Spotify $5 billion. Personally, I understand the reasoning behind his metric, but he didn't consider Spotify was already bullish and that not everyone trading Spotify are Joe Rogan fans. He also didn't give a decent shortening or reaction time. Joe Rogan contributed to the a major push in the rally continuation. I think it is fair to say around a 78% push pre contributing to sentiment reaction. Also Spotify's ROI for a $100 million dollar deal is 32x in a short time period which is for every $1 you have $32. That means literally 3100%. If Spotify made the same deals every 11 days or so, and profit kept compounding over and over again a year, that would be an annualized ROI percentage of 14,847,931,113,934,977,527,395,976,847,246,204,891,384,177,320,001,536%. That means that a deal like this is extremely rare . Spotify made one of the best partnership deals a content platform could make, and likely they wouldn't be able to find creators that popular in which they can offer that same amount too for a really long time. Untop of all this, Spotify said they want Joe Rogan's clips migrated to their platform. I myself am a creator who posts content on Spotify. If Spotify decided to allow video integration, it can easily even annihilate companies the likes of the size of YouTube. CEO Susan Wojcick's management of YouTube included higher attention to many mainstream media sources over small creators (trying to be cable competitive). YouTube also been having a broken content management and Copyright system for a while in many creator's voiced opinions. The whole way things played out is most likely YouTube ruined its edge factor and didn't differentiate itself. Joe Rogan was probably already planning an exit, and Spotify found an opportunity due to what one can call a competitor's lackluster management style. I think a realistic target in the future if Spotify starts rolling out video updates and doing all this is a long target of $325 within a year or so. It would be interesting to see how that plays out.
NYSE:SPOTLong
by gamer456148
Spotify buy opportunities created with new imbalance createdA very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story but this can help you decide which bias you can trade on your stock trading strategy. When Spotify Technology #SPOT stock is analysed with the glasses of a supply and demand strategy, we can see that strong impulses and created providing new demand to lean on for long term buy opportunities.
NYSE:SPOT
by AlfonsoMoreno