# Spotify Stock Soars After Record-Breaking Q3 Results: What Investors Need to Know | Financial Analysis Podcast
Discover the impressive financial performance driving Spotify's stock (SPOT) as it trades at $629.60 following an exceptional third quarter. In this detailed analysis, we break down how Spotify achieved 7% year-over-year revenue growth, reaching €4.3 billion, while expanding its user base to an unprecedented 713 million monthly active users. Learn why trading volume spiked to 4.3 million shares—nearly triple the daily average—and what analysts from Goldman Sachs and others are saying about SPOT's future potential. We explore how Spotify doubled its net profit margin to 8.3%, achieved 100% EPS growth, and why its strategic price increases and AI-powered innovations are positioning the company for continued success. Whether you're a current investor or considering adding SPOT to your portfolio, this episode provides essential insights into Spotify's impressive growth trajectory, earnings forecast, and the factors driving analyst price targets up to $750.
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