Spotify (SPOT) Fell Due to Weak Results and Muted Outlook

In its third-quarter 2025 capitalist letter, Janus Henderson Global Technology and Innovation Fund highlighted stocks specified arsenic Spotify Technology S.A. (NYSE:SPOT). Headquartered successful Luxembourg City, Luxembourg, Spotify Technology S.A. (NYSE:SPOT) offers audio streaming subscription services. The one-month instrumentality of Spotify Technology S.A. (NYSE:SPOT) was -1.04%, and its shares gained 25.51% of their worth implicit the past 52 weeks. On December 23, 2025, Spotify Technology S.A. (NYSE:SPOT) banal closed astatine $579.39 per share, with a marketplace capitalization of $119.293 billion.

Janus Henderson Global Sustainable Equity Fund stated the pursuing regarding Spotify Technology S.A. (NYSE:SPOT) successful its 3rd 4th 2025 capitalist letter:

"The biggest comparative detractors included audio-streaming work Spotify Technology S.A. (NYSE:SPOT), security institution Intact Financial, and gathering products institution Saint-Gobain. During the quarter, Spotify reported anemic results and a much muted outlook, causing its stock terms to autumn pursuing a caller tally of beardown performance. Our concern thesis, however, is unchanged. We judge the institution tin harness aggregate maturation opportunities, including pricing structures, its premium “superfans” tier, and betterment successful its ad-supported business, arsenic good arsenic imaginable enlargement into caller streaming sectors specified arsenic video. Spotify besides introduced a scope of caller merchandise features during the quarter, reinforcing its enactment arsenic the ascendant audio streaming platform. Spotify besides continued to payment from a displacement successful comparative powerfulness successful the euphony industry, which we deliberation should construe into amended concern economics."

Spotify Technology S.A. (NYSE:SPOT) is successful the 25th presumption connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 116 hedge money portfolios held Spotify Technology S.A. (NYSE:SPOT) astatine the extremity of the 3rd quarter, up from 111 successful the erstwhile quarter. While we admit the imaginable of Spotify Technology S.A. (NYSE:SPOT) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.