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

We came across a bullish thesis on Spotify Technology S.A. on Chit Chat Stocks Newsletter’s Substack by Brett Schafer. In this article, we will summarize the bulls’ thesis on SPOT. Spotify Technology S.A.'s share was trading at $767.34 as of June 30th. SPOT’s trailing and forward P/E were 116.93 and 70.42 respectively according to Yahoo Finance.

[caption id="attachment_963493" align="aligncenter" width="750"] Photo by Norbert Buduczki on Unsplash[/caption]

Spotify, founded in 2006 by Daniel Ek and Martin Lorentzon, has emerged as a dominant player in music and audio streaming...