Spotify Competition

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Two analysts have recently warned about increasing competition. What are they referring to?

Spotify News

SI=-2%, I=5 Monness, Crespi, Hardt lowered Spotify’s rating to “neutral” from “buy” due to a downturn potential. “Spotify is riding a favorable long-term trend, enhancing its platform, tapping into a large digital ad market, expanding its audio offerings, and improving its cost structure; however, competition is fierce, margins thin, and we believe the darkest days of this downturn are ahead of us,” Analyst Brian White wrote. White added that the upcoming price hikes could be negative …

Our Spotify Competition article could organize details on the state of competition.

Spotify Competition