Spotify Technology S.A.

Baron International Growth Fund gained 14.05% (Institutional Shares) during the second quarter of 2026, while its primary benchmark, the MSCI ACWI ex USA Index, returned 14.49%. During the second quarter, we added a few new investments to existing themes and increased our weighting in certain positions established in prior periods. We exited a few positions during the quarter consistent with our efforts to seek greater concentration in our higher conviction investments.

Spotify Technology NYSE: SPOT Co-CEO, Chief Product Officer and Chief Technology Officer Gustav Söderström outlined the company's strategy for using artificial intelligence, expanding into additional media formats and monetizing highly engaged users during an investor conference appearance.

Spotify and Netflix just reported quarters that point in completely different directions, and the gap between their strategies raises a question worth sitting with: which business actually has more room to run from here?

Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.