SPOT → $1,000.00 by Oct 8, 2029.

Spotify’s investment case has changed. The business now generates substantial cash, and its next opportunity is to turn a deeply embedded listening habit into a larger stream of profit. I am bullish because subscriber growth, monetisation and margin expansion can reinforce one another. Spotify does not need to eliminate competition for this to work. It needs to keep earning its place in customers’ daily lives while retaining more of the revenue those relationships produce. My target is **$1,000 by October …