5 Best Internet Content and Information Stocks to Buy

3. Spotify Technology S.A. (NYSE:SPOT)

Number of Hedge Fund Holders: 121

Spotify Technology S.A. (NYSE:SPOT) is one of the best internet content and information stocks to buy. Spotify Technology S.A. (NYSE:SPOT)

Spotify Technology S.A. (NYSE:SPOT) continues to remain a dominating force in music streaming. The company holds solid ground with a global music streaming subscriber market share between 31% to 32.9%, way ahead of its peers. In 2025, Spotify retained its position as the highest-paying retailer globally, paying the music industry over $11 billion.

Analysts are also bullish on the music streamer with Daiwa initiating coverage on Spotify Technology S.A. (NYSE:SPOT) on March 25. Daiwa’s Jonathan Kees gave an Outperform rating to SPOT and set the price target at $535, pointing out the company’s dominant position in the audio streaming market and robust growth outlook.

The analyst sees a broad set of drivers to support Spotify’s ability to maintain its high-growth revenue trajectory with catalysts such as stable subscriber additions, improving Ad revenue, ongoing price increases, and the continued extension into audiobooks, podcasts, and new verticals.

In other news, on March 3, Spotify Technology S.A. (NYSE:SPOT) announced that it is increasing its investment in Australia’s music ecosystem. The music company is focused on local engagement and artist monetization in the region. Almost half of the Australians use Spotify, with local fans streaming Australian artists 223 million more times year-over-year in 2025.

The company paid approximately AUD $330 million to Australian music rightsholders in 2025, indicating a 7% growth from a year ago. As both the streaming views and artists’ pay-per-view increase, the company is turning its focus on increasing investments in initiatives such as Turn Up Aus, RADAR, and EQUAL. Moreover, Spotify has announced an AUD $200,000 multi-year partnership between Turn Up and The Push to support emerging talent.

Spotify Technology S.A. (NYSE:SPOT) is a leading digital music streaming platform. The company is based in Luxembourg and was founded in December 2006 by Daniel Ek and Martin Lorentzon.