Spotify is set to enter the Indian market in the new year, after signing a major licensing deal with one the largest record labels io the subcontinent, T-Series, known for producing mostly Bollywood music soundtracks. Spotify users will now have access to over 160,000 songs from T-Series' catalog.
Spotify has been signing deals with Indian labels in order to increase its local content, a crucial step before venturing into the growing Indian market. Outside India, Spotify has 4 million users who listen to Indian music and Bollywood is the most popular search key.
Spotify’s 200 million monthly active users, in-line with its fourth-quarter guidance, was a major boost for the company to venture into the Indian market.
But the venture won’t be easy. Announced in March 2018, two of the largest local music services, Saavn and JioMusic, officially merged just last month to create JioSaavn that offers a 90-day extended trial of JioSaavn Pro to Jio subscribers. Spotify may also follow these footsteps.
Although Apple Music is Spotify’s biggest competitor, but the Swedish company’s free tier offer has been a key differentiator.
Regarding prices, it is still unclear how much the premium would charge in the Indian market. JioSaavn Pro costs just 99 INR per month, or less than $1.50. In keeping with these references, Spotify will have to balance its growth aspirations, prices and satisfying record labels. Spotify generally prices its premium service differently based on the market, and it's unclear how much it will cost in India or how it is planning to tap the market.
The Aroon Indicator for SPOT entered a downward trend on November 13, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 171 similar instances where the Aroon Indicator formed such a pattern. In of the 171 cases the stock moved lower. This puts the odds of a downward move at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPOT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SPOT's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where SPOT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 18, 2025. You may want to consider a long position or call options on SPOT as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SPOT just turned positive on November 12, 2025. Looking at past instances where SPOT's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPOT advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPOT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SPOT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (14.514) is normal, around the industry mean (24.155). P/E Ratio (81.913) is within average values for comparable stocks, (50.204). Projected Growth (PEG Ratio) (1.605) is also within normal values, averaging (24.389). Dividend Yield (0.000) settles around the average of (0.029) among similar stocks. P/S Ratio (6.826) is also within normal values, averaging (19.252).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a music platform
Industry InternetSoftwareServices