Analysts Set Spotify Technology (NYSE:SPOT) Price Target at $730.94

Shares of Spotify Technology (NYSE:SPOT) have been assigned a consensus rating of “Moderate Buy” from the thirty-four research firms that are currently covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $727.7097.

Several analysts recently weighed in on SPOT shares. Sanford C. Bernstein decreased their price target on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating on the stock in a report on Wednesday, January 14th. Erste Group Bank cut shares of Spotify Technology from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. Guggenheim lowered their target price on shares of Spotify Technology from $800.00 to $750.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Spotify Technology in a report on Monday, December 29th. Finally, Phillip Securities raised shares of Spotify Technology from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 10th.

Spotify Technology Trading Down 6.3%

SPOT opened at $412.80 on Friday. The stock has a 50-day moving average of $548.32 and a 200 day moving average of $630.60. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The firm has a market cap of $84.99 billion, a P/E ratio of 64.91, a P/E/G ratio of 0.84 and a beta of 1.66.

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

Institutional Investors Weigh In On Spotify Technology

Institutional investors and hedge funds have recently modified their holdings of the business. Sivia Capital Partners LLC purchased a new stake in Spotify Technology in the second quarter worth $312,000. Sound Income Strategies LLC grew its holdings in shares of Spotify Technology by 156.3% in the second quarter. Sound Income Strategies LLC now owns 41 shares of the company’s stock worth $31,000 after purchasing an additional 25 shares during the last quarter. HB Wealth Management LLC grew its holdings in shares of Spotify Technology by 8.1% in the second quarter. HB Wealth Management LLC now owns 2,709 shares of the company’s stock worth $2,079,000 after purchasing an additional 204 shares during the last quarter. Truist Financial Corp increased its stake in Spotify Technology by 25.1% in the 2nd quarter. Truist Financial Corp now owns 30,602 shares of the company’s stock worth $23,482,000 after buying an additional 6,131 shares during the period. Finally, Institute for Wealth Management LLC. bought a new stake in Spotify Technology during the 2nd quarter valued at about $245,000. 84.09% of the stock is owned by institutional investors.

Trending Headlines about Spotify Technology

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

• Positive Sentiment: Product improvements that boost engagement — Spotify expanded its lyrics feature with translations and offline access, a user-facing upgrade that can raise engagement and retention for listeners across markets. Spotify expands lyrics feature with translations, offline access, and new design
• Positive Sentiment: New commerce channel: physical books via Bookshop.org — Spotify will sell physical books in‑app through a Bookshop.org partnership and is adding audiobook features, expanding revenue opportunities beyond subscriptions and streamed audio. This diversifies monetization and could help ARPU over time. Spotify to let users buy physical books on app through Bookshop.org partnership
• Positive Sentiment: Analyst/bull theses highlight improving margins and FCF — recent writeups argue Spotify is executing a “Year of Efficiency,” expanding gross margins and free cash flow, and positioning the service as a multi‑format audio utility — a constructive view for longer‑term investors. The Sound of Money: How Spotify Turned Audio Into Profit Power
• Neutral Sentiment: Earnings season setup — a Zacks preview walks through Wall Street estimates for Q4 key metrics; investors will focus on MAUs, premium subs, ARPU and margin confirmation when Spotify reports, making the upcoming print a short‑term catalyst. Gear Up for Spotify (SPOT) Q4 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Near‑term drag from conservative guidance and currency headwinds — coverage points to management’s cautious Q4 revenue outlook (slightly below consensus) and FX pressure as the primary reason investors pared positions; that guidance + upcoming earnings explains much of today’s weakness. The Sound of Money: How Spotify Turned Audio Into Profit Power

Spotify Technology Company 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.