Spotify Price Hikes And New Deals Could Fuel Big Revenue Gains: JP Morgan
1. Spotify's revenue growth driven by global price hikes and new label deals. 2. JP Morgan raised Spotify's price target from $740 to $805. 3. Analyst projects steady revenue acceleration and margin expansion through 2026. 4. Increased pricing could generate €380 million in annualized revenue. 5. New product features anticipated to deepen user engagement and increase conversions.