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# Spotify [SPOT] up 10% on strong Q3 Report, solid Q4 forecast
- URL: https://www.hypebot.com/spotify-stock-jumps-9-5-after-a-strong-q3-report-solid-q4-forecast/
- Published: 2023-10-25T13:33:00.000Z
- Updated: 2023-10-25T13:51:17.000Z
- Description: Spotify [NYSE: SPOT] stock closed up 10.36% Tuesday at $170.63, after strong Q3 earnings and user growth reports. By Wednesday morning, the price had fallen back about 1% to $168.83.. Continue reading [https://www.hypebot.com/hypebot/2023/10/spotify-stock-jumps-9-5-after-a-strong-q3-report-solid-q4-
- Author: Bruce Houghton
- Tags: Music Business, Streaming, music industry, Music Tech, musician, musicians, Spotify, #wp, #wp-post, #Import 2026-01-21 09:44

Spotify \[NYSE: SPOT\] stock closed up 10.36% Tuesday at $170.63, after strong Q3 earnings and user growth reports. By Wednesday morning, the price had fallen back about 1% to $168.83.

Q3 was the streamer’s first profitable quarter since 2021.

In the last three months, Spotify’s monthly active users (MAUs) passed 574 million, and paid subscribers topped 226 million.

**Full coverage of theQ3 2023 earnings report:**

#### [Spotify Q3 2023: Users pass 574M in first Profitable Quarter since ’21](https://www.hypebot.com/spotify-q3-2023-users-pass-574m-in-first-profitable-quarter-since-21/)

*Bruce Houghton*