Can Spotify Q2 Earnings Tune Out Bearish Signals For A Bullish Upside?
Can Spotify Q2 Earnings Tune Out Bearish Signals For A Bullish Upside?
Spotify Technology SA (NYSE:SPOT) will be reporting its second-quarter earnings on Tuesday. Wall Street expects $1.18 in EPS and $4.1 billion in revenues as the company reports before market hours.
Spotify Technology SA（纽约证券交易所代码：SPOT）将于周二公布其第二季度财报。华尔街预计每股收益为1.18美元，收入为41亿美元，该公司在盘前公布了这份报告。
The stock is up 79% over the past year, 55% YTD.
该股在过去一年中上涨了79％，年初至今上涨了55％。
Let's look at what the charts indicate for Spotify stock, and how the stock currently maps against Wall Street estimates.
让我们来看看图表对Spotify股票的看法，以及该股目前与华尔街估计的对比情况。
Spotify Stock's Strong Bearish Trend Ahead Of Q2 Earnings
Spotify股票在第二季度财报前出现强劲的看跌趋势
Spotify's stock is currently experiencing a strongly bearish trend, with the share price at $293.02 falling below its 5, 20, and 50-day exponential moving averages, which signal a bearish outlook.
Spotify的股票目前正处于强烈的看跌趋势，股价为293.02美元，跌破其5、20和50天指数移动平均线，这表明前景看跌。
Chart created using Benzinga Pro
使用 Benzinga Pro 创建的图表
The 8-day simple moving average (SMA) at $297.11, the 20-day SMA at $307.63, and the 50-day SMA at $307.37 all reinforce the bearish sentiment. However, the 200-day SMA at $242.76 provides a bullish counterpoint.
8天简单移动平均线（SMA）为297.11美元，20天均线为307.63美元，50天均线为307.37美元，都强化了看跌情绪。然而，200天均线242.76美元提供了看涨对立面。
The Moving Average Convergence Divergence (MACD) indicator, at -4.40, suggests a bearish stance, while the Relative Strength Index (RSI) at 36.89 indicates that the stock is nearing oversold conditions. Despite the overall bearish trend, the Bollinger Bands indicate potential bullishness, with the 25-day range between $291.05 and $326.71, suggesting buying opportunities.
移动平均收敛散度（MACD）指标为-4.40，表明看跌立场，而相对强弱指数（RSI）为36.89，表明该股已接近超卖状态。尽管总体呈看跌趋势，但布林带显示出潜在的看涨势头，25天区间在291.05美元至326.71美元之间，这表明存在买入机会。
Spotify Analysts' Consensus Rating & Focus Areas
Spotify 分析师的共识评级和重点领域
Ratings & Consensus Estimates: The consensus analyst rating on Spotify stock stands at a Buy, with a price target of $311.87. Benchmark, Wolfe Research, and UBS recently issued their latest analyst ratings for Spotify stock in July. The average price target of $398.33 implies a 35.72% upside for the stock.
评级和共识估计：分析师对Spotify股票的共识评级为买入，目标股价为311.87美元。Benchmark、沃尔夫研究和瑞银最近在7月发布了对Spotify股票的最新分析师评级。398.33美元的平均目标股价意味着该股的上涨幅度为35.72％。
Benchmark analyst Mark Zgutowicz, has maintained a Buy rating on Spotify with a price target of $405. As Spotify reports its Q2 earnings, the focus will be on the impact of recent U.S. price increases across all plans (excluding student), with a particular interest in any related customer attrition and anticipated increases in average revenue per user (ARPU), says Zgutowicz.
基准分析师马克·兹古托维奇维持对Spotify的买入评级，目标股价为405美元。兹古托维奇说，在Spotify公布其第二季度收益时，重点将放在最近美国所有计划（不包括学生）价格上涨的影响上，特别关注任何相关的客户流失以及每位用户平均收入（ARPU）的预期增长。
Zgutowicz will be looking for updates on audiobook engagement, following substantial growth in the previous quarter. He expects further commentary on how this could influence pricing tiers. Concerns about gross margins, particularly regarding ongoing litigation related to bundled subscriptions with audiobooks and its potential impact on royalty payments to songwriters and publishers, could also be a focal point.
继上一季度大幅增长之后，Zgutowicz将寻找有声读物参与度的最新信息。他预计将对这如何影响定价等级发表进一步的评论。对毛利率的担忧，特别是与有声读物捆绑订阅相关的正在进行的诉讼及其对向词曲作者和出版商支付特许权使用费的潜在影响，也可能成为焦点。
SPOT Price Action: Spotify stock was trading 0.49% lower at $293.84 at the time of publication Monday.
现货价格走势：周一发布时，Spotify股票下跌0.49％，至293.84美元。