Analyst sees mature streaming market, but pricing could drive Spotify Technology SA (SPOT) growth
The streaming market is maturing, with growth increasingly dependent on price increases rather than subscriber additions for platforms like Spotify. An analyst from Bank of America Securities initiated coverage on Spotify with a Neutral rating, suggesting that while the platform has a strong market position, its user growth is slowing. Future revenue expansion is expected to come primarily from raising subscription prices and improving advertising performance.
https://www.msn.com/en-us/money/savingandinvesting/analyst-sees-mature-streaming-market-but-pricing-could-drive-spotify-technology-sa-spot-growth/ar-AA1Vk1hW?ocid=finance-verthp-feeds