Handelsbanken Fonder AB Has $121.95 Million Stake in Spotify Technology $SPOT

Handelsbanken Fonder AB grew its position in Spotify Technology (NYSE:SPOT) by 8.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 174,708 shares of the company’s stock after acquiring an additional 13,149 shares during the period. Handelsbanken Fonder AB’s holdings in Spotify Technology were worth $121,946,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SPOT. Banco Santander S.A. increased its holdings in Spotify Technology by 22.7% during the 3rd quarter. Banco Santander S.A. now owns 572 shares of the company’s stock valued at $399,000 after purchasing an additional 106 shares in the last quarter. Artisan Partners Limited Partnership increased its stake in shares of Spotify Technology by 45.9% in the third quarter. Artisan Partners Limited Partnership now owns 940,457 shares of the company’s stock valued at $656,439,000 after buying an additional 295,854 shares in the last quarter. Xponance Inc. raised its holdings in shares of Spotify Technology by 3.5% in the third quarter. Xponance Inc. now owns 23,494 shares of the company’s stock valued at $16,399,000 after buying an additional 804 shares during the last quarter. Integrated Advisors Network LLC raised its holdings in shares of Spotify Technology by 5.7% in the third quarter. Integrated Advisors Network LLC now owns 3,387 shares of the company’s stock valued at $2,364,000 after buying an additional 183 shares during the last quarter. Finally, DNB Asset Management AS lifted its position in Spotify Technology by 3.8% during the 3rd quarter. DNB Asset Management AS now owns 40,363 shares of the company’s stock worth $28,173,000 after buying an additional 1,473 shares in the last quarter. 84.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SPOT has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their target price on shares of Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Weiss Ratings upgraded shares of Spotify Technology from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, February 11th. Erste Group Bank downgraded Spotify Technology from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Rosenblatt Securities dropped their target price on Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Finally, Wall Street Zen raised Spotify Technology from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Spotify Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $698.91.

More Spotify Technology News

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

• Positive Sentiment: Analyst upgrades and price-target lift: Arete Research moved SPOT from neutral to buy with a $586 target, and a separate research upgrade highlighted stronger premium gross margins and “margin durability” — both signals that helped reduce investor concern about profitability and likely triggered buying. Arete Research / Finviz
• Positive Sentiment: Analyst note + market reaction: Coverage noting margin upside and manageable AI-related risks was flagged in market commentary as a reason for momentum following Spotify’s recent earnings reset (investor repositioning around improving operating leverage). QuiverQuant: Analyst Upgrade & Margin Upside
• Positive Sentiment: Sector tailwinds: industry pieces highlight that streaming platforms (including Spotify) are benefiting from a mix of ad growth, subscriptions and AI-driven personalization — a backdrop that supports higher monetization potential and investor appetite. Yahoo Finance: Must-Track Streaming Stocks
• Positive Sentiment: Product update that may boost engagement: Spotify rolled out “Smart Reorder” for playlists, a feature aimed at improving listening experience and playlist utility — a small but positive UX/engagement catalyst over time. Android Police: Smart Reorder
• Neutral Sentiment: Valuation and pullback analysis: Commentary assessing whether the recent price pullback makes SPOT attractive flags mixed signals — solid long-term gains but notable YTD and 1‑year declines that keep valuation debate active among investors. Yahoo Finance: Is Spotify Now Attractive?
• Negative Sentiment: Bearish outlook from Guggenheim: A recent pessimistic forecast raises downside concerns and reminds investors there is still disagreement on fair valuation and long-term upside, which could cap gains if more firms adopt a cautious view. American Banking News: Guggenheim Pessimistic Forecast

Spotify Technology Stock Up 7.0%

SPOT stock opened at $495.71 on Friday. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00. The company has a market cap of $102.03 billion, a P/E ratio of 51.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.66. The business’s fifty day moving average is $513.96 and its 200-day moving average is $609.42.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $2.00. Spotify Technology had a return on equity of 31.35% and a net margin of 13.16%.The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter in the prior year, the company posted $1.88 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Research analysts anticipate that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

About Spotify Technology

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.