Cantor Fitzgerald Issues Pessimistic Forecast for Spotify Technology (NYSE:SPOT) Stock Price

Spotify Technology (NYSE:SPOT) had its price objective lowered by equities research analysts at Cantor Fitzgerald from $615.00 to $525.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 10.26% from the stock’s current price.

Several other research firms have also weighed in on SPOT. Citigroup raised Spotify Technology from a “neutral” rating to a “buy” rating and set a $650.00 target price on the stock in a report on Friday, January 30th. Sanford C. Bernstein cut their price target on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating for the company in a report on Wednesday, January 14th. DZ Bank upgraded shares of Spotify Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Phillip Securities upgraded Spotify Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, November 10th. Finally, Barclays decreased their target price on Spotify Technology from $700.00 to $625.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Spotify Technology has an average rating of “Moderate Buy” and a consensus price target of $721.26.

Spotify Technology Trading Up 14.8%

Spotify Technology stock opened at $476.16 on Wednesday. The stock has a 50 day moving average of $539.52 and a two-hundred day moving average of $624.59. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00. The stock has a market capitalization of $98.04 billion, a price-to-earnings ratio of 74.87, a PEG ratio of 0.78 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last released its earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $2.00. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.14 billion. During the same quarter in the previous year, the firm posted $1.88 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Equities analysts predict that Spotify Technology will post 10.3 earnings per share for the current year.

Institutional Trading of Spotify Technology

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Spotify Technology during the 4th quarter valued at $711,460,000. Capital World Investors raised its stake in shares of Spotify Technology by 40.7% in the 3rd quarter. Capital World Investors now owns 2,730,713 shares of the company’s stock valued at $1,906,260,000 after acquiring an additional 789,755 shares in the last quarter. Capital Research Global Investors acquired a new stake in shares of Spotify Technology in the third quarter worth $512,190,000. Principal Financial Group Inc. lifted its position in Spotify Technology by 3,534.9% during the 3rd quarter. Principal Financial Group Inc. now owns 571,474 shares of the company’s stock worth $398,889,000 after acquiring an additional 555,752 shares during the last quarter. Finally, National Pension Service bought a new stake in Spotify Technology during the 4th quarter valued at approximately $316,278,000. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Spotify Technology News Roundup

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

• Positive Sentiment: Q4 beat and margin improvement — Spotify reported EPS of $5.16 (well above consensus ~$3.16) and revenue roughly $5.3B; operating and gross margins expanded, showing better monetization and cost control, which bolsters near-term profitability expectations. Spotify pops 10% on strong user growth, earnings beat (CNBC)
• Positive Sentiment: Record user growth — Monthly active users hit ~751M (+11% YoY) and paid subscribers reached ~290M (+10% YoY), driven by 38M new MAUs in the quarter. Strong top-line audience growth supports both subscription upside and future ad pricing power. Spotify reports record growth in monthly listeners (MSN)
• Positive Sentiment: Raised/above-guidance outlook — Management signaled first-quarter profits above Street estimates and issued a revenue guide in line with expectations, reinforcing the beat-and-raise narrative that can sustain momentum. Spotify expects profit above estimates (Reuters)
• Positive Sentiment: New product / AI monetization potential — Spotify is pursuing AI-driven features (fan remixes, AI “derivatives” for artists) that could create new revenue streams and higher engagement — a long-term catalyst if commercialized successfully. Spotify eyes AI ‘derivatives’ as new revenue stream (MusicBusinessWorldwide)
• Neutral Sentiment: Leadership and strategy update — Founder Daniel Ek moved to a new role and co‑CEO Gustav Söderström described tighter execution and an “AI reality check.” Leadership changes create execution risk but management is presenting a clearer roadmap. What’s different at Spotify after Daniel Ek stepped back? (MSN)
• Neutral Sentiment: Market context and valuation debate — Coverage highlights that while Q4 was strong, SPOT had a deep YTD drawdown (discussion of “still down 34%”), so some of the move is catch‑up; valuation and execution expectations remain focal points for investors. Spotify Just Crushed Earnings—So Why Is the Stock Still Down 34%? (MarketBeat)
• Negative Sentiment: Analyst price target cut — KeyCorp trimmed its SPOT price target (from $830 to $720) even while keeping an Overweight rating; downward revisions by analysts can cap near-term upside and add volatility. KeyCorp Lowers Spotify Price Target to $720 (American Banking News)

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.