Spotify Shares Gain 11.1% as Q4 2026 Operating Income Forecast Tops Estimates
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Spotify shares rose 11.1% to $583.52 at 4 p.m. ET (20:00 UTC) Thursday, Oct. 22, after its Q4 2026 operating-income forecast of €820 million exceeded analysts’ average estimate of €813.4 million. For Q4 2026, Spotify expects €5.2 billion in revenue, with monthly active users reaching 818 million and Premium subscribers rising to 316 million. That subscriber target would add 10 million paid users from the 306 million Spotify had at the end of Q3, as detailed in our coverage of Spotify’s third-quarter results . “Our costs are moderating, and there is more runway ahead,” co-CEO Alex Norstrom said.
Source: TokenPost
