Baron Funds released its “Baron Focused Growth Fund” third-quarter 2025 investor letter, showing a 4.83% gain for the fund but underperforming the Benchmark’s 10.73% increase due to economic growth concerns. Spotify Technology S.A. (NYSE:SPOT) saw a -6.69% one-month return and closed at $629.60 per share on October 22, 2025.

Spotify Technology S.A. (NYSE:SPOT) detracted from performance despite strong user growth, high engagement, and low churn. The company aims to increase gross margins through various initiatives such as price hikes, artist promotions, podcasts, and advertising. Spotify is viewed as a long-term winner in music streaming with the potential to reach over 1 billion monthly active users.

Spotify Technology S.A. (NYSE:SPOT) ranks 25th among the 30 most popular stocks among hedge funds, with 111 hedge fund portfolios holding shares. While Spotify has potential, some AI stocks may offer greater upside with less downside risk. Spotify was also featured in an article on stocks with the best earnings growth for the next 5 years.

For more investor letters and information on stocks, visit the related articles on the Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: What Makes Spotify Technology S.A. (SPOT) a Long-Term Holding?