Spotify Technology (NYSE:SPOT) Stock Price Expected to Rise, Barclays Analyst Says

Spotify Technology (NYSE:SPOT) had its price target upped by analysts at Barclays from $625.00 to $650.00 in a report released on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 33.39% from the stock’s current price.

Several other equities research analysts also recently issued reports on SPOT. Moffett Nathanson assumed coverage on Spotify Technology in a research report on Tuesday, January 27th. They set a “neutral” rating and a $487.00 target price on the stock. Citizens Jmp started coverage on Spotify Technology in a research note on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price objective on the stock. Rosenblatt Securities reduced their target price on Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Phillip Securities upgraded Spotify Technology from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. Finally, Guggenheim cut their price objective on shares of Spotify Technology from $800.00 to $750.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. 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.com, the company currently has an average rating of “Moderate Buy” and an average price target of $722.06.

Spotify Technology Stock Up 2.4%

NYSE SPOT opened at $487.30 on Wednesday. The company has a market cap of $100.33 billion, a PE ratio of 76.17, a price-to-earnings-growth ratio of 0.78 and a beta of 1.66. Spotify Technology has a 52 week low of $405.00 and a 52 week high of $785.00. The firm’s 50-day simple moving average is $539.52 and its two-hundred day simple moving average is $624.59.

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

Hedge Funds Weigh In On Spotify Technology

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

More Spotify Technology News

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

• Positive Sentiment: Q4 beat and upbeat guidance — Spotify reported much stronger-than-expected EPS and revenue, delivered sizable margin improvement, and forecast first-quarter profits above estimates, which is driving the rally. Read More.
• Positive Sentiment: Record user growth and paid subscribers — Monthly active users jumped to ~751M and premium subscribers to ~290M (10–11% YoY), showing resilience after price hikes and supporting higher monetization potential. Read More.
• Positive Sentiment: New monetization and AI initiatives — Management highlighted AI-driven products and “derivatives” for artists (remixes, covers) as potential new revenue streams, which could expand ARPU over time. Read More.
• Neutral Sentiment: Leadership & operations update — Founder Daniel Ek is shifting roles and co‑CEO Gustav Söderström points to tighter execution; this clarifies leadership but is mostly organizational for now. Read More.
• Neutral Sentiment: Analyst moves remain mixed — Some firms trimmed targets but most still place targets above the current stock price, leaving the consensus view cautiously constructive. Example: KeyCorp lowered its PT to $720. Read More.
• Negative Sentiment: Cantor Fitzgerald cut its price target to $525 and moved to a “neutral” rating — that reduces upside perception from some investors and can cap near-term momentum. Read More.

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.