Spotify Q2 Preview: Expecting Strong User Growth, Shares Attractive

Spotify will report its Q2 on Tuesday, August 4. Ahead of the release, shares have continued to struggle and are trading at the back-end of its 52-week range. This follows a fairly strong Q1 quarterly release earlier in the year, albeit with lower-than-expected guidance for Q2. I view the negative sentiment as a buying opportunity for this leading streaming giant. Audio-streaming company Spotify Technology S.A. (SPOT) still can’t hit the right note with investors. In its last quarterly report for Q1, SPOT reported 12% YOY growth in monthly active users ("MAU"), and it reported 9% YOY growth in