Spotify Takes Its Audiobook Push to More Than 180 Markets
Spotify Technology S.A. (NYSE: SPOT ) on Wednesday announced a major global expansion of its audiobook catalog at the Frankfurt Book Fair. By the end of 2026, the streaming giant will broaden audiobook access from 22 markets to more than 180, reaching an estimated 750 million potential listeners worldwide. Users in newly added markets will gain access to more than 350,000 titles spanning over 120 languages. Spotify currently offers about 700,000 audiobooks on its platform. The company is also working with more than 300 publishers worldwide to expand the number of titles available across markets, TechCrunch reported. Spotify said that over the last year, monthly listeners of audiobooks grew by 40% and listening hours increased by 30%. The company's Audiobooks+ service, which was launched in July 2025, has surpassed one million subscribers and $100 million in annual recurring revenue. Features and Multiple Access Points for Audiobooks With a Premium subscription, users can listen to 12 hours of audiobooks every month in countries including Brazil, Mexico, Colombia, Poland, Chile, Norway, and Peru. Listeners can also purchase an Audiobook+ stand-alone subscription to get access to tit
A. (NYSE: SPOT ) on Wednesday announced a major global expansion of its audiobook catalog at the Frankfurt Book Fair. By the end of 2026, the streaming giant will broaden audiobook access from 22 markets to more than 180, reaching an estimated 750 million potential listeners worldwide. Users in newly added markets will gain access to more than 350,000 titles spanning over 120 languages.
Spotify currently offers about 700,000 audiobooks on its platform. The company is also working with more than 300 publishers worldwide to expand the number of titles available across markets, TechCrunch reported. Spotify said that over the last year, monthly listeners of audiobooks grew by 40% and listening hours increased by 30%. The company's Audiobooks+ service, which was launched in July 2025, has surpassed one million subscribers and $100 million in annual recurring revenue.
Features and Multiple Access Points for Audiobooks With a Premium subscription, users can listen to 12 hours of audiobooks every month in countries including Brazil, Mexico, Colombia, Poland, Chile, Norway, and Peru. Listeners can also purchase an Audiobook+ stand-alone subscription to get access to titles for extra hours each month. Alternatively, users can buy individual titles directly. The service also has a "Page Match" feature, which lets users to move between print, e-book, and audio.
40), which frames the current action as a tug-of-war between short-term stabilization and intermediate resistance. 22), keeping the longer-term structure constructive even after a choppy year. 03, it's neutral, suggesting the rally isn't stretched and price is still in "prove it" territory rather than a momentum chase. The moving-average backdrop is mixed: the 20-day SMA remains below the 50-day SMA (a bearish short-term alignment), but the golden cross from September (50-day above the 200-day) still argues the bigger trend can reassert if price can reclaim the 50-day area.
From a levels perspective, traders are watching whether the stock can build acceptance back above the $516 zone and then work toward higher pivots. 00 — a nearby pivot just under current price that sits close to the 20-day trend area See More: Top Value Stocks Earnings and Analyst Outlook Spotify next major scheduled catalyst is its Oct. 22 earnings report. 99 billion in the prior-year period.
47. Recent analyst actions include UBS maintaining Buy and lowering its forecast to $675 on Oct. 5, Keybanc maintaining Overweight while lowering its forecast to $660 on Oct. 1 and Evercore ISI Group maintaining Outperform and raising its forecast to $700 on Sept.
29. 19% Weight Significance: SPOT carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. 07 at the time of publication on Wednesday, according to Pro data. Image via Shutterstock Read Also: ExxonMobil Targets Nine FlexRobotics Systems to Improve Drilling Safety