Right now, you may be saying to yourself, “I want some of whatever drug he’s on.” We’ll have a better idea about Mahaney’s grasp of reality come Tuesday. Unlike Apple Music, Spotify offers a free, ad-supported version of its service, which poses the question: Should you pay to listen In addition to removing the ads that interrupt your.

Mahaney has a $220 price target on Spotify. This makes Spotify the world’s 586th most valuable company by market cap according to our data.

He believes the combination of the subscriptions and ad sales should keep Spotify's overall revenue growing at a nearly 30% annual clip for the next few years, while sales could hit $8.32b in 2019. How much is Spotify worth Market cap: 33.51 Billion As of February 2022 Spotify has a market cap of 33.51 Billion. Add another $1.9b in cash on the company’s balance sheet and you get $43.5b. Mahaney’s mind-blowing projection is derived by valuing Spotify at about five times his 2019 revenue estimate, or $41.6b. Just days before the streamery’s high-profile direct listing on 4/3, the RBC Capitol analyst proclaimed that the Daniel Ek-piloted company could be worth as much as-say what?-$43.5b.Īs CNN Money points out, such a market valuation would make Spotify-which has yet to turn a profit-worth more than Ford, Delta, Target, Travelers and 370 other S&P 500 companies. To say that Mark Mahaney is bullish on Spotify would be something of an understatement. Meanwhile, all the artists are paid next to nothing, and everybody from Tool to Coldplay, to Taylor Swift has.

What is spotify worth