SPOT is one of Hatched Analytics’ longest histories and is popular among our clients. It has predicted Premium Subscribers for 25 quarters with a MAPE of 1.1%.
For 2022-Q2, the reported Premium Subscribers was 188 million (13.9% YoY). Hatched Analytics’ estimate was 186 million (12.8% YoY) and Spotify’s guidance for the quarter was 187 million (13% YoY). Hatched Analytics also provides an alternative estimate which was 189.7 million (15% YoY), and has correctly called that they would beat their guidance.
SPOT continues to shine as one of Hatched Analytics’ top-performing reports.