NetEnt AB (publ) (OTCMKTS:NTNTY) and Spotify Technology (NYSE:SPOT) Head-To-Head Comparison

Posted by Brian Himes on Sep 9th, 2026

Spotify Technology (NYSE:SPOT – Get Free Report) and NetEnt AB (publ) (OTCMKTS:NTNTY – Get Free Report) are both communication services companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership and dividends.

Earnings & Valuation

This table compares Spotify Technology and NetEnt AB (publ)”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spotify Technology	$19.44 billion	5.63	$2.50 billion	$16.06	33.13
NetEnt AB (publ)	N/A	N/A	N/A	N/A	N/A

Spotify Technology has higher revenue and earnings than NetEnt AB (publ).

Analyst Ratings

This is a summary of current recommendations and price targets for Spotify Technology and NetEnt AB (publ), as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Spotify Technology	0	6	17	2	2.84
NetEnt AB (publ)	0	0	0	0	0.00

Spotify Technology currently has a consensus target price of $609.05, indicating a potential upside of 14.47%. Given Spotify Technology’s stronger consensus rating and higher probable upside, research analysts clearly believe Spotify Technology is more favorable than NetEnt AB (publ).

Profitability

This table compares Spotify Technology and NetEnt AB (publ)’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Spotify Technology	18.44%	41.39%	23.78%
NetEnt AB (publ)	N/A	N/A	N/A

Institutional and Insider Ownership

84.1% of Spotify Technology shares are owned by institutional investors. 0.4% of Spotify Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Spotify Technology beats NetEnt AB (publ) on 10 of the 10 factors compared between the two stocks.

About Spotify Technology

(Get Free Report)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

About NetEnt AB (publ)