Triglav Investments D.O.O. Takes Position in Spotify Technology $SPOT

Triglav Investments D.O.O. purchased a new position in Spotify Technology (NYSE:SPOT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,000 shares of the company’s stock, valued at approximately $2,792,000.

A number of other large investors also recently bought and sold shares of SPOT. State Street Corp increased its stake in shares of Spotify Technology by 1.7% during the second quarter. State Street Corp now owns 4,574,228 shares of the company’s stock valued at $3,509,988,000 after purchasing an additional 74,256 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Spotify Technology by 22.7% in the 2nd quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock worth $1,909,920,000 after purchasing an additional 460,115 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Spotify Technology by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,568,502 shares of the company’s stock worth $1,192,730,000 after buying an additional 49,377 shares during the last quarter. Invesco Ltd. grew its stake in shares of Spotify Technology by 17.3% in the 2nd quarter. Invesco Ltd. now owns 1,454,383 shares of the company’s stock worth $1,116,007,000 after buying an additional 214,355 shares during the last quarter. Finally, Edgewood Management LLC increased its position in Spotify Technology by 14.4% during the 2nd quarter. Edgewood Management LLC now owns 1,249,791 shares of the company’s stock valued at $959,015,000 after buying an additional 157,567 shares in the last quarter. 84.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on SPOT shares. DZ Bank raised Spotify Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Guggenheim dropped their price target on shares of Spotify Technology from $800.00 to $750.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. UBS Group cut their price objective on shares of Spotify Technology from $850.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Erste Group Bank cut shares of Spotify Technology from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Finally, Benchmark dropped their target price on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Spotify Technology has an average rating of “Moderate Buy” and a consensus price target of $727.71.

Spotify Technology Stock Performance

SPOT opened at $440.50 on Thursday. The stock has a market capitalization of $90.69 billion, a P/E ratio of 69.26, a P/E/G ratio of 0.90 and a beta of 1.66. The company’s 50-day simple moving average is $551.94 and its two-hundred day simple moving average is $632.12. Spotify Technology has a 52-week low of $438.71 and a 52-week high of $785.00.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $3.83 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $1.96. Spotify Technology had a net margin of 8.46% and a return on equity of 21.68%. The firm had revenue of $5.01 billion during the quarter, compared to analyst estimates of $4.23 billion. During the same period in the previous year, the business posted $1.45 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. Research analysts forecast that Spotify Technology will post 10.3 EPS for the current fiscal year.

Spotify Technology News Roundup

Here are the key news stories impacting Spotify Technology this week:

• Positive Sentiment: Spotify rolled out offline lyrics and expanded translation options — a feature set that should boost engagement and retention across markets, supporting longer-term ARPU and ad inventory value. Spotify Adds Offline Lyrics and Expands Global Translation Features
• Positive Sentiment: Analysts and media pieces highlight Spotify’s improving profitability (expanded gross margins, record free cash flow) and strategic moves (Discovery Mode, pricing power, podcast/audiobook bundles) that position it as a higher-margin audio utility — a bullish fundamental case for investors. The Sound of Money: How Spotify Turned Audio Into Profit Power
• Positive Sentiment: Zacks included SPOT among internet names likely to top estimates this earnings season, which supports the view that Spotify could deliver an earnings beat next week. 4 Internet Stocks Poised to Top Estimates This Earnings Season
• Positive Sentiment: Pre-earnings coverage reiterates Street expectations for earnings growth, keeping upside tied to a clean print on Feb. 10. That sets up a potential catalyst to reverse short-term weakness. Spotify (SPOT) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Calendar/earnings reminders — several outlets note Spotify’s upcoming quarterly report and company updates; these are event-driven items that can increase volatility but are informational until results arrive. Spotify Technology (SPOT) to Release Quarterly Earnings on Tuesday
• Neutral Sentiment: Coverage noting SPOT has recently outpaced market gains provides context that the stock has momentum pockets; useful background but not a direct driver today. Spotify (SPOT) outpaces stock market gains: What you should know
• Negative Sentiment: Concerns about substitutes resurfaced in a user story about self-hosting music, a reminder that niche alternatives exist and negative press can amplify short-term sentiment moves even if they affect few users. I finally fired Spotify and built my own music server for $0 a month
• Negative Sentiment: Key near-term drag: conservative Q4 guidance and currency headwinds (strong euro vs. dollar) flagged in recent analysis—this is the main reason investors have pulled back despite improving underlying metrics. The Sound of Money: How Spotify Turned Audio Into Profit Power

Spotify Technology Profile

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.