Spotify Technology S.A. (SPOT): A Bull Case Theory

We came across a bullish thesis on Spotify Technology S.A. (SPOT) on Twitter by RadnorCapital. In this article, we will summarize the bulls’ thesis on SPOT. Spotify Technology S.A. (SPOT)’s share was trading at $482.52 as of Dec 9th. SPOT’s trailing and forward P/E were 138.96 and 51.28 respectively according to Yahoo Finance.

Photo by Norbert Buduczki on Unsplash

Spotify (SPOT) is doubling down on its advertising ambitions with its Spotify Ad Exchange (SAX), a supply-side platform...