Spotify Technology Option Alert: Dec, 2027 $780 Calls Sweep (3) near the Bid: 33 vs 3 OI; Earnings 7/29 Before Open 

Spotify Technology Option Alert: Dec, 2027 $780 Calls Sweep (3) near the Bid: 33 @ $215.0 vs 3 OI; Earnings 7/29 Before Open Ref=$730.1

Spotify Technology Option Alert: Dec, 2027 $600 Puts at the Bid: 63 vs 2 OI; Earnings 7/29 Before Open 

Spotify Technology Option Alert: Dec, 2027 $600 Puts at the Bid: 63 @ $113.9 vs 2 OI; Earnings 7/29 Before Open Ref=$717.5

Spotify Technology Option Alert: Jul 18 $600 Calls at the Ask: 50 vs 260 OI; Earnings 7/29 Before Open 

Spotify Technology Option Alert: Jul 18 $600 Calls at the Ask: 50 @ $157.0 vs 260 OI; Earnings 7/29 Before Open Ref=$755.34

Spotify Technology Option Alert: Jul 18 $610 Calls at the Bid: 50 vs 209 OI; Earnings 7/29 Before Open 

Spotify Technology Option Alert: Jul 18 $610 Calls at the Bid: 50 @ $147.25 vs 209 OI; Earnings 7/29 Before Open Ref=$755.0329

Spotify Technology (NYSE:SPOT) Stock

Spotify Technology

Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

Streaming giant Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is expanding its offerings to include reality competitions, music shows and celebrity interviews as it seeks to grow its subscriber base and increase advertising revenue from <a href="https://www.benzinga.com/general/entertainment/25/05/45445251/netflixs-ad-tier-now-boasts-94m-users-fueling-stocks-rise-to-record-highs">ad-supported plans.</a>
What Happened: Netflix is no stranger to live events, having previously streamed items such as comedy specials, live golf tournaments, boxing and <a href="https://www.benzinga.com/general/entertainment/25/04/44877995/netflix-crushes-q1-says-its-working-hard-to-improve-and-expand-its-offering">National Football League games.</a>
The streamer is rapidly lining up a content library that includes World Wrestling Entertainment streams, Women's World Cup matches, more NFL games and boxing specials.
Netflix is also launching multiple entertainment-themed reality competitions later this year. The streamer is rebooting "Star Search" and will premiere "Building the Band" next week. A new trivia show, "What's in the Box," with host Neil Patrick Harris, was also recently announced.
A new Wall Street Journal <a href="https://www.wsj.com/business/media/netflix-explores-music-shows-and-celebrity-interviews-as-part-of-live-tv-push-f2ac508f">report </a>says Netflix has held talks with Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) to partner for more entertainment-themed events and specials.
Among the topics discussed with Spotify include a live concert series, music award shows, big celebrity interviews and short turnaround time documentaries, according to the report.
Read Also: <a href="https://www.benzinga.com/news/entertainment/25/06/45978982/streaming-dethrones-tv-giants-netflix-youtube-lead-the-takeover">Streaming Dethrones TV Giants: Netflix, YouTube Lead The Takeover</a>
Why It's Important: Netflix's deeper push into live sports, reality competitions and entertainment comes as the streamer will lose two of its top series ever after 2025.
"Squid Game" recently wrapped with its third and final season in June and "Stranger Things" will end with a fifth and final season later this year. Each of those shows will remain important to the company's live experiences, video games and consumer products going forward and could also be subject to spinoffs to keep the franchises going.
Losing top hit series could be tough for Netflix to replace, but comes at a time when the streamer has content across every genre, for every age group and is increasing its live content to help boost live viewing and advertising revenue.
Recent success stories for the streamer include dating series "Love is Blind" and reality competition "Million Dollar Secret."
"Building the Band" could be the company's newest hit based on the success of music competitions on other networks. The series is similar to "The Voice" with an element of band members not seeing each other until they start rehearsing together.
Jeff Gaspin, who previously greenlighted "The Voice" for NBC, is helping Netflix with its unscripted content.
Gaspin said Netflix's new reality competitions could be a mix of live and not live, including live reunion shows. "Building the Band" will stream on demand, while "Star Search" will be live to give fans a chance to vote.
"We don't want to do live for live's sake," Gaspin said. "If we are going to do live, we should have a reason."
NFLX Price Action: Netflix stock is up 1.25% to $1,300.92 on Wednesday versus a 52-week trading range of $588.43 to $1,341.15. Netflix stock is up 45% year-to-date in 2025.
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Photo: Shutterstock

Entertainment

Sports

Media

Trading Ideas

NFLX

SPOT

This Is Netflix's Next Big Bet After 'Squid Game,' 'Stranger Things'

<a href="https://www.wsj.com/business/media/netflix-explores-music-shows-and-celebrity-interviews-as-part-of-live-tv-push-f2ac508f" title="https://www.wsj.com/business/media/netflix-explores-music-shows-and-celebrity-interviews-as-part-of-live-tv-push-f2ac508f">https://www.wsj.com/business/media/netflix-explores-music-shows-and-celebrity-interviews-as-part-of-live-tv-push-f2ac508f</a>

News

Reported Earlier: 'Netflix Explores Music Shows and Celebrity Interviews in Unscripted TV Push' - WSJ

Goldman Sachs analyst Eric Sheridan maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $680 to $775.

Price Target

Analyst Ratings

Goldman Sachs Maintains Buy on Spotify Technology, Raises Price Target to $775

Live On CNBC, Kevin Simpson Announces Sold Spotify Calls; Sold Howmet Calls

Canaccord Genuity analyst Maria Ripps maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $775 to $850.

Canaccord Genuity Maintains Buy on Spotify Technology, Raises Price Target to $850

Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) has outperformed the market over the past 5 years by 8.38% on an annualized basis producing an average annual return of 22.65%. Currently, Spotify Technology has a market capitalization of $148.12 billion. 
Buying $100 In SPOT: If an investor had bought $100 of SPOT stock 5 years ago, it would be worth $277.55 today based on a price of $722.35 for SPOT at the time of writing.
<h3>Spotify Technology's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751400921_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Spotify Technology 5 Years Ago Would Be Worth This Much Today

UBS analyst Batya Levi maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $680 to $895.

UBS Maintains Buy on Spotify Technology, Raises Price Target to $895

WIIM

Spotify shares are trading higher after BofA Securities maintained a Buy rating and raised its price target from $700 to $900.

B of A Securities analyst Jessica Reif Ehrlich maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $700 to $900.

B of A Securities Maintains Buy on Spotify Technology, Raises Price Target to $900

Guggenheim analyst Michael Morris maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $725 to $840.

Guggenheim Maintains Buy on Spotify Technology, Raises Price Target to $840

European artificial intelligence <a href="https://www.benzinga.com/25/05/45332493/mit-dropout-ethan-thornton-secures-100m-for-mach-industries-backed-by-sequoia-and-khosla-to-revolutionize-u-s-defense-tech">defense</a> startup Helsing<a href="https://helsing.ai/newsroom/helsing-raises-eur600m-to-invest-in-european-technological-sovereignty"> announced</a> a €600 million ($694 million) funding round on Tuesday, led by Prima Materia, the investment firm founded by Spotify (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) CEO <a href="https://www.benzinga.com/general/health-care/25/01/43182414/spotify-co-founder-daniel-eks-neko-health-secures-260-million-for-us-expansion-as-it-compares-itself-with-the-apples-or-teslas-of-the-world">Daniel Ek</a> and Shakil Khan, an earlier investor in Spotify.
The company said the new funding will help advance Europe's "technological sovereignty" by scaling domestic production of AI-driven defense systems. Helsing uses artificial intelligence to support military decision-making by connecting real-time sensor and weapons system data with advanced software architectures, according to its<a href="https://helsing.ai/"> website</a>.
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Founded in 2021, the company operates in Germany, France, and the U.K. Its product portfolio includes platforms like the HX-2, which reflects the company's move to integrate AI with battlefield-ready hardware. According to Helsing, its technologies are already being deployed under several government contracts, though specific client names have not been disclosed.
<h2 class="wp-block-heading">High-Profile Backers Fuel Helsing's Growth Strategy</h2>
The latest investment round includes contributions from existing stakeholders Lightspeed Venture, Accel, General Catalyst, Plural, and Swedish defense firm SAAB. New participants include BDT &amp; MSD Partners, according to Helsing.
Ek, who also serves as Helsing's chairman, said the investment reflects an urgent need to bolster Europe's security architecture amid rising global tensions. "As Europe rapidly strengthens its defense capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy and security readiness," Ek said in the statement.
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
Helsing's prior valuation stood at approximately €5 billion following a €450 million round led by General Catalyst in 2023. The company declined to confirm its current valuation due to pending regulatory approvals, <a href="https://www.cnbc.com/2025/06/17/spotifys-daniel-ek-leads-investment-in-defense-startup-helsing.html">CNBC</a> says.
<h2 class="wp-block-heading">Defense Tech Surpasses Traditional Venture Markets</h2>
The funding surge reflects a broader shift in the European investment landscape. According to the<a href="https://www.nif.fund/news/inaugural-dealroom-and-nato-innovation-fund-report-reveals-record-breaking-investing-in-startups-in-european-defence-security-and-resilience-sector/"> NATO Innovation Fund</a>, venture capital backing for defense, security, and resilience startups in Europe reached a record $5.2 billion in 2024. That figure represents a 30% increase over the past two years, despite a 45% contraction in general VC markets over the same period.
According to CNBC, ongoing conflicts such as the war in Ukraine and conflict between Israel and Iran have driven investor interest in technologies that enhance operational readiness and strategic autonomy. Helsing is among a growing list of AI-focused defense startups offering governments and militaries tools to manage complex warzones through automation and real-time intelligence.
See Also: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a>
<h2 class="wp-block-heading">Europe's AI Defense Race Accelerates</h2>
Helsing says it will use the newly raised capital to advance its AI-based software platforms and scale integrated systems like the HX-2, a mass-producible strike drone designed to operate in electronic warfare environments. The HX-2 is part of the Altra platform, which enables coordinated swarm strikes and integration with battlefield intelligence systems.
According to<a href="https://helsing.ai/company"> Helsing</a>, the company is already executing large contracts for democratic governments, though specific partners have not been disclosed.
As Europe ramps up its domestic defense capabilities, Helsing may emerge as a strategic player at the intersection of AI and national security. With financial backing from Spotify's leadership and top-tier investors, the company may play a defining role in shaping the continent's military future.
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Spotify's $694M Bet On AI War Tech: What Daniel Ek's Helsing Move Signals For Investors Watching The Defense Boom

<a href="https://techcrunch.com/2025/06/23/senators-urge-ftc-to-investigate-spotifys-higher-priced-bundled-subscription/">https://techcrunch.com/2025/06/23/senators-urge-ftc-to-investigate-spotifys-higher-priced-bundled-subscription/</a>

General

'Senators urge FTC to investigate Spotify's higher-priced bundled subscription'- TechCrunch

Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) CEO Daniel Ek has positioned his investment firm at the forefront of Europe&#8217;s defense tech boom, leading a €600 million ($690 million) Series D funding round in AI-powered military startup Helsing.
What Happened: Prima Materia, Ek&#8217;s investment vehicle, spearheaded the round announced June 17, valuing the Munich-based defense unicorn at €12 billion ($13.8 billion). Major participants included Lightspeed Venture Partners, General Catalyst, Accel, and Swedish aerospace giant Saab, according to company statements, <a href="https://observer.com/2025/06/spotify-daniel-ek-european-defense-tech-startup-helsing/">reported</a> the Observer.
The funding surge reflects Europe&#8217;s accelerated military spending amid rising geopolitical tensions following Russia&#8217;s 2022 Ukraine invasion. Helsing, founded in 2021 by game developer, former German defense official Gundbert Scherf, and AI researcher Niklas Köhler, has rapidly expanded from software development to manufacturing drones, submarines and aircraft.
&#8220;As Europe rapidly strengthens its defense capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy and security readiness,&#8221; Ek stated, according to the report.
See Also: <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad">US Issues Worldwide Caution After Strikes On Iran&#8217;s Nuclear Sites: State Department Warns Of Airspace Closures, Travel Chaos And Rising Threats To Americans Abroad</a>
Why It Matters: Global defense tech venture capital hit $3 billion across 102 deals in 2024, marking an 11% year-over-year increase, according to Crunchbase data. Helsing&#8217;s round ranks among the sector&#8217;s largest alongside U.S. rival Anduril Industries&#8216; recent <a href="https://www.benzinga.com/markets/market-summary/25/06/45810158/anduril-raises-2-5-billion-at-30-5-billion-valuation-doubling-in-a-year-as-defense-contracts-grow">$2.5 billion raise at a $30.5 billion valuation</a>.
Ek, estimated worth $10 billion, co-founded Prima Materia in 2020 with early Spotify investor Shakil Khan, pledging €1 billion toward European tech investments over the decade. Previous backing includes longevity startup Epiterna and health-tech venture Neko Health.
Helsing&#8217;s AI-powered military decision-making software has been deployed by Ukrainian forces since 2022, establishing credibility in active combat zones. The company raised €450 million in Series C funding last year, building on Prima Materia&#8217;s initial €100 million 2021 investment.
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Photo courtesy: Diego Thomazini / Shutterstock.com

Startups

Spotify's Daniel Ek Leads $690 Million Bet On Defense AI Startup Helsing, Valued At $13.8 Billion As Europe Ramps Up Military Spending

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ASTS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$45.00</td>
<td>$26.3K</td>
<td>100</td>
<td>13.0K</td>
</tr>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$685.00</td>
<td>$49.0K</td>
<td>2.1K</td>
<td>12.3K</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$85.00</td>
<td>$126.2K</td>
<td>4.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>GOOGL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$165.00</td>
<td>$26.7K</td>
<td>5.1K</td>
<td>234</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/11/25</td>
<td>$1190.00</td>
<td>$29.8K</td>
<td>62</td>
<td>39</td>
</tr>
<tr>
<td>SPOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$660.00</td>
<td>$26.7K</td>
<td>353</td>
<td>34</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we observe a put option sweep with bearish sentiment. It expires in 28 day(s) on July 18, 2025. Parties traded 65 contract(s) at a $45.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $405.0 per contract. There were 100 open contracts at this strike prior to today, and today 13085 contract(s) were bought and sold. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 190 contract(s) at a $685.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $49.0K, with a price of $258.0 per contract. There were 2140 open contracts at this strike prior to today, and today 12344 contract(s) were bought and sold. 
• For BIDU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), we notice a call option trade that happens to be bearish, expiring in 28 day(s) on July 18, 2025. This event was a transfer of 499 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $126.2K, with a price of $253.0 per contract. There were 4546 open contracts at this strike prior to today, and today 1204 contract(s) were bought and sold. 
• For GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we notice a put option sweep that happens to be bullish, expiring in 182 day(s) on December 19, 2025. This event was a transfer of 22 contract(s) at a $165.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $1215.0 per contract. There were 5108 open contracts at this strike prior to today, and today 234 contract(s) were bought and sold. 
• For NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we notice a call option trade that happens to be bearish, expiring in 21 day(s) on July 11, 2025. This event was a transfer of 5 contract(s) at a $1190.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $5975.0 per contract. There were 62 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold. 
• For SPOT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), we notice a call option trade that happens to be neutral, is expiring today. Parties traded 5 contract(s) at a $660.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $5350.0 per contract. There were 353 open contracts at this strike prior to today, and today 34 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ASTS

BIDU

GOOGL

6 Communication Services Stocks With Whale Alerts In Today's Session

Cantor Fitzgerald analyst Deepak Mathivanan maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Neutral and raises the price target from $610 to $640.

Cantor Fitzgerald Maintains Neutral on Spotify Technology, Raises Price Target to $640

Investors with a lot of money to spend have taken a bearish stance on Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SPOT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Spotify Technology.
This isn't normal.
The overall sentiment of these big-money traders is split between 22% bullish and 55%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $207,000, and 5 are calls, for a total amount of $172,045.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $400.0 and $760.0 for Spotify Technology, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Spotify Technology's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Spotify Technology's substantial trades, within a strike price spectrum from $400.0 to $760.0 over the preceding 30 days.
<h3>Spotify Technology 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750255323_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SPOT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$94.0</td>
<td>$89.15</td>
<td>$92.0</td>
<td>$720.00</td>
<td>$92.0K</td>
<td align="right">22</td>
<td align="right">10</td>
</tr>
<tr>
<td>SPOT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$35.05</td>
<td>$31.0</td>
<td>$31.0</td>
<td>$560.00</td>
<td>$46.5K</td>
<td align="right">834</td>
<td align="right">15</td>
</tr>
<tr>
<td>SPOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$369.95</td>
<td>$366.1</td>
<td>$366.1</td>
<td>$400.00</td>
<td>$36.6K</td>
<td align="right">111</td>
<td align="right">1</td>
</tr>
<tr>
<td>SPOT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$36.0</td>
<td>$35.8</td>
<td>$36.0</td>
<td>$720.00</td>
<td>$36.0K</td>
<td align="right">106</td>
<td align="right">29</td>
</tr>
<tr>
<td>SPOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/11/25</td>
<td>$23.25</td>
<td>$17.0</td>
<td>$20.0</td>
<td>$740.00</td>
<td>$36.0K</td>
<td align="right">39</td>
<td align="right">18</td>
</tr>
</tbody>
</table>

<h3>About Spotify Technology</h3>
Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
After a thorough review of the options trading surrounding Spotify Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Spotify Technology</h3>
<ul>
<li>With a trading volume of 134,196, the price of SPOT is down by -0.98%, reaching $714.18.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 34 days from now.</li>
</ul>
<h3>Expert Opinions on Spotify Technology</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $788.75.
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&#x2A; Consistent in their evaluation, an analyst from Pivotal Research keeps a Buy rating on Spotify Technology with a target price of $900. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Spotify Technology with a target price of $750. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Spotify Technology with a target price of $730. 
&#x2A; An analyst from Canaccord Genuity persists with their Buy rating on Spotify Technology, maintaining a target price of $775. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Spotify Technology options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Markets

Spotify Technology Options Trading: A Deep Dive into Market Sentiment

Advertising legend Rory Sutherland admits he once dismissed podcasting as a fad, even after meeting the journalist who coined the word.
What Happened: "I remember thinking this will never take off," he told the "Uncensored CMO" show, recalling a chat with Ben Hammersley, the Guardian writer credited with inventing the term in 2004.
Back in 2005 UK already had BBC Radio 4, Sutherland reasoned, so he doubted listeners would download amateur radio on an iPod. Instead, global podcast revenue has now swelled to $7.3 billion, according to fresh Bloomberg research. The wider market, including hosting, equipment and listener payments, could hit $47.8 billion by the end of 2025 from $36.3 billion in 2024, a forecast from The Business Research Company shows.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Rory Sutherland on why marketing is the answer to economic growth" width="500" height="281" src="https://www.youtube.com/embed/XJ1CP3UE9PM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
"Just because what you say makes sense doesn't mean you're right," Sutherland conceded, likening his error to assuming Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) would bomb in the tea-loving UK.
See also: <a href="https://www.benzinga.com/markets/tech/25/06/45989577/salesforce-raises-enterprise-software-prices-6-as-company-pushes-ai-powered-agentforce-platform">Salesforce Raises Enterprise Software Prices 6% As Company Pushes AI-Powered Agentforce Platform</a>
Sutherland, the Vice Chairman of Ogilvy, one of the largest and most renowned advertising agencies in the world, said his bad call taught him humility. "All my arguments against podcasting were perfectly sensible. Turns out they were completely wrong," he conceded.
Why It Matters: Podcasting's boom is hard to ignore. Spotify (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) has paid creators <a href="https://www.benzinga.com/25/04/45061513/spotify-pays-100-million-to-podcast-creators-aiming-to-topple-youtubes-reign">more than $100 million</a> this year, chasing YouTube's <a href="https://www.benzinga.com/25/02/43998792/youtube-surpasses-spotify-with-1-billion-monthly-podcast-users-ceo-pledges-enhanced-monetization-for-creators">one-billion-viewer lead</a>. U.S. ad spend alone was expected to <a href="https://www.benzinga.com/general/entertainment/24/06/39494315/the-new-york-times-plans-shift-of-top-podcasts-behind-paywall-to-boost-revenue-amid-growing">top $2 billion</a> in 2024, according to a report following The New York Times&#8217; decision to shift its marquee shows behind a paywall.
Industry analysts at eMarketer count 584 million global listeners and project worldwide ad spend of $4.46 billion next year.
Even legacy radio giants such as Audacy now rely on podcasts for growth, though the broadcaster <a href="https://www.benzinga.com/news/24/01/36527958/radio-podcast-titan-audacy-files-for-bankruptcy-amid-plummeting-advertising-revenues">filed for bankruptcy</a> after advertising slipped.
Photo Courtesy: Rokas Tenys on Shutterstock.com
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Tech

Rory Sutherland Once Met The Man Who Named Podcasts And Said 'This Will Never Take Off,' Then The Legendary Adman Watched A $36.3 Billion Industry Prove Him Wrong

Pivotal Research analyst Jeffrey Wlodarczak maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $800 to $900.

Pivotal Research Maintains Buy on Spotify Technology, Raises Price Target to $900

Evercore ISI Group analyst Mark Mahaney maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Outperform and raises the price target from $650 to $750.

Evercore ISI Group Maintains Outperform on Spotify Technology, Raises Price Target to $750

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly extending one of iOS 26's <a href="https://www.benzinga.com/markets/tech/25/06/45941076/apples-wwdc-2025-unveiling-ios-26-liquid-glass-interface-and-carplay-enhancements">new features</a>—animated album art on the lock screen—to third-party music and audio apps, breaking its exclusive tie to Apple Music.
What Happened: With the release of iOS 26, currently in developer beta, Apple is introducing a new lock screen layout that allows full-screen animated artwork to display behind music playback controls, <a href="https://9to5mac.com/2025/06/15/iphone-apple-music-lock-screen-animated-artwork-third-party-apps/">reported</a> 9To5Mac.
Initially available only for Apple Music, this feature is now being opened to third-party apps like Spotify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), Audible and other audio players like music or podcasts through a new API called MPMediaItemAnimatedArtwork.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45941076/apples-wwdc-2025-unveiling-ios-26-liquid-glass-interface-and-carplay-enhancements">iPhone Sales Rebound In China, But Apple&#8217;s Next Move Could Be Risky</a>
According to developers testing the iOS 26 SDK, apps that play audio can now provide a video clip or animated visual to appear on the lock screen while the content plays, along with placeholder artwork as the animation loads, the report added.
Why It's Important: Although Apple has released the tools for developers now, end users won't see this feature in third-party apps until iOS 26 officially launches this fall.
As of now, it remains unclear whether Spotify, one of Apple Music's biggest rivals, will adopt the feature. Spotify did not immediately respond to<a href="https://pro.benzinga.com/dashboard"> Benzinga's</a> request for comments.
Benzinga&#8217;s Edge Stock Rankings show a steady decline in Apple's performance across short, medium and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Additional performance details can be found here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/16000445/Screenshot-2025-06-16-at-9.32.03%E2%80%AFAM.png" alt="" class="wp-image-950115" /></a></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Kaspars Grinvalds via Shutterstock

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Spotify Technology

Unusual Options Activity for

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:02 PMJul 07, 2025	CALL	$780.00	Dec 17, 2027	892	33	33	1100	3	SWEEP	BEARISH
03:38 PMJul 02, 2025	PUT	$600.00	Dec 17, 2027	892	63	63	3150	2	TRADE	BULLISH
10:30 AMJun 30, 2025	CALL	$600.00	Jul 18, 2025	10	51	50	20	260	TRADE	BULLISH
10:29 AMJun 30, 2025	CALL	$610.00	Jul 18, 2025	10	52	50	25	209	TRADE	NEUTRAL