Spotify Technology $SPOT Position Raised by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd boosted its position in Spotify Technology (NYSE:SPOT) by 11.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,737 shares of the company’s stock after purchasing an additional 2,393 shares during the period. Swiss Life Asset Management Ltd’s holdings in Spotify Technology were worth $16,568,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Groupama Asset Managment raised its holdings in Spotify Technology by 12.0% during the 3rd quarter. Groupama Asset Managment now owns 290 shares of the company’s stock worth $202,000 after buying an additional 31 shares during the period. Cambria Investment Management L.P. bought a new position in shares of Spotify Technology in the 3rd quarter valued at about $496,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Spotify Technology during the 3rd quarter valued at $26,000. LWM Advisory Services LLC acquired a new position in Spotify Technology in the third quarter valued at about $241,000. Finally, CIBC Bancorp USA Inc. bought a new position in Spotify Technology during the 3rd quarter worth approximately $104,125,000. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Spotify Technology Stock Performance

SPOT stock opened at $482.27 on Friday. The firm has a market cap of $99.29 billion, a P/E ratio of 50.03, a P/E/G ratio of 1.13 and a beta of 1.66. The firm’s fifty day moving average is $497.55 and its 200 day moving average is $591.13. Spotify Technology has a 52 week low of $405.00 and a 52 week high of $785.00.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $2.00. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The firm 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 company earned $1.88 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, analysts forecast that Spotify Technology will post 10.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Benchmark lowered their target price on Spotify Technology from $860.00 to $760.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Barclays lifted their price target on Spotify Technology from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Sanford C. Bernstein reduced 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. Cantor Fitzgerald reduced their price target on Spotify Technology from $615.00 to $525.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Finally, KeyCorp decreased their price objective on shares of Spotify Technology from $830.00 to $720.00 and set an “overweight” rating for the company in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $703.87.

More Spotify Technology News

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

• Positive Sentiment: Product upgrades strengthen differentiation — Spotify rolled out new desktop “Exclusive Mode”/bit‑perfect playback and other hi‑fi features that appeal to audiophiles and could boost retention and higher‑tier adoption. Digital Trends: Exclusive Mode
• Positive Sentiment: Broader audio-quality lift — coverage highlights a new Spotify feature that significantly improves audio quality on desktop, supporting product-led monetization opportunities. MSN: Audio quality feature
• Positive Sentiment: Wearable platform improvements — an updated Wear OS app with a refreshed interface and gesture controls expands device reach and user engagement on smartwatches. MSN: Wear OS update
• Positive Sentiment: Analyst bullishness and near‑term catalysts — Jefferies and other analysts point to upcoming earnings and an analyst day as triggers for upside revisions, noting potential margin improvement. Proactive: Jefferies bullish
• Neutral Sentiment: Longer‑term growth questions — analysis pieces note Spotify’s strong moat but flag that the next phase of growth may be harder, a mixed signal for investors weighing valuation vs. execution risk. Seeking Alpha: Growth outlook
• Negative Sentiment: Investor selling risk from proposed share sale and downgrades — reports point to a Form 144 notice (proposed sale of securities), recent analyst downgrades and an EU/Turkey regulatory fine as immediate catalysts that can increase perceived supply and pressure the stock. QuiverQuant: Share-sale/downgrades
• Negative Sentiment: Service glitch undermines premium experience — Spotify confirmed a glitch that caused some Premium subscribers to hear ads, a trust/retention risk if issues persist. MSN: Premium ads glitch
• Negative Sentiment: Short‑term market reaction & coverage of price weakness — several market writeups highlight that SPOT fell more than the broader market in recent sessions, reinforcing momentum selling and headlines-driven volatility. Yahoo Finance: Price move coverage

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.