Price Increase StrategyThe announcement of a high single-digit percentage US price increase is the mostly likely catalyst for shares to re-rate and is seen as a question of 'when,' not 'if.'
Product InnovationSpotify's product innovation is driving faster top of funnel user growth and increased engagement, supporting durable low to mid teens revenue growth, margin expansion, and 40%+ EBIT growth through '28.
Video Podcasting PartnershipSpotify announced a video podcasting partnership with Netflix to stream select content in the U.S. beginning in early 2026.