Spotify Technology (NYSE:SPOT) Receives $706.42 Consensus PT from Analysts

Shares of Spotify Technology (NYSE:SPOTGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the thirty-five analysts that are covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation, twenty-five have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $698.9063.

Several equities analysts have recently issued reports on SPOT shares. Weiss Ratings upgraded shares of Spotify Technology from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, February 11th. Pivotal Research lowered Spotify Technology from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $875.00 to $420.00 in a report on Wednesday, February 11th. Citizens Jmp began coverage on Spotify Technology in a research note on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 target price on the stock. Cantor Fitzgerald reduced their price target on Spotify Technology from $615.00 to $525.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Finally, Erste Group Bank cut Spotify Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 5th.

View Our Latest Research Report on SPOT

Spotify Technology Price Performance

NYSE:SPOT opened at $495.71 on Tuesday. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The firm has a market capitalization of $102.03 billion, a PE ratio of 51.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.66. The business’s 50-day moving average is $513.96 and its two-hundred day moving average is $609.42.

Spotify Technology (NYSE:SPOTGet Free Report) last issued its quarterly earnings results 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 firm 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 business posted $1.88 earnings per share. Spotify Technology’s revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts anticipate that Spotify Technology will post 10.3 EPS for the current year.

Institutional Investors Weigh In On Spotify Technology

A number of institutional investors and hedge funds have recently modified their holdings of SPOT. KERR FINANCIAL PLANNING Corp purchased a new stake in Spotify Technology in the 3rd quarter worth approximately $26,000. Knuff & Co LLC acquired a new position in shares of Spotify Technology in the second quarter worth $27,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Spotify Technology during the third quarter worth $27,000. Greykasell Wealth Strategies Inc. boosted its position in Spotify Technology by 3,800.0% during the third quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 38 shares during the last quarter. Finally, Total Investment Management Inc. acquired a new stake in Spotify Technology during the second quarter valued at $29,000. Institutional investors and hedge funds own 84.09% of the company’s stock.

Key Headlines Impacting Spotify Technology

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 Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Spotify Technology (NYSE:SPOT)

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