Riva, CamilloAsti, Michelangelo2025-03-242025-03-242024-06-052024-04-19http://hdl.handle.net/10362/181155Our research is based on Spotify Technology S.A., a publicly traded company listed on the New York Stock Exchange, with the aim of providing an investment recommendation for institutional investors. Through equity research, we will seek to conduct a qualitative analysis of the industry and businesses in which Spotify operates, accompanied by a quantitative analysis of its financial performance, using valuation methods such as the Discounted Cash Flow Method and Relative Valuation.engCorporate financeEquity researchFinancial statement analysisCorporate valuationSpotifymaster thesis203902548