Storytel STORY B
Email when the signal or risk changes · Sunday weekly brief
No card · No time limit on free tier · Upgrade when you need more
The news check keeps the assessment current.
General analysis — not personal advice.
Hold; consider adding 5–15% if Q1 shows strong ex-Nordics growth and stable margins.
Q3 results met expectations with confirmed EBITDA guidance and continued organic growth, supporting the hold signal.
The market reacts neutrally to slightly positively to the report showing strong subscriber growth and confirmed profitability guidance.
HOLD is the call. Positive is the market mood. Medium risk means some things can go wrong.
Latest change
- 28 Oct 2026 — The report shows strong subscriber growth and confirmed profitability guidance which reinforces confidence in margin expansion.
The full analysis is open. Follow the company free for the full change history — and email next time the picture changes.
Show all changes (3) — follow the company freeAbout the company
Storytel is a global subscription platform for audiobooks and ebooks, complemented by a publishing business. Profitability and cash generation improved materially in 2025, and the company reported a net cash position. Key focus areas are subscriber growth, margin sustainability, and selective expansion/M&A.
Bull case
Raised EBITDA guidance and continued margin expansion strengthen confidence in 2028 targets.
Bear case
Competition from Spotify and potential ARPU pressure from currency may limit growth pace.
Why this signal
Q3 results met expectations with confirmed EBITDA guidance and continued organic growth, supporting the hold signal.
Recent news
Storytel continued repurchasing B-shares in weeks 44 and 45 under the SEK 300 m programme. The share closed at SEK 128.40 on 11 November with moderate volume.