Spotify Technology (NYSE:SPOT) Receives $689.33 Average Target Price from Analysts
by Teresa Graham · The Cerbat GemSpotify Technology (NYSE:SPOT – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirty-three analysts that are covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $690.1667.
SPOT has been the topic of several research reports. Weiss Ratings cut Spotify Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, February 26th. UBS Group lowered their price objective on shares of Spotify Technology from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, January 9th. Wall Street Zen lowered shares of Spotify Technology from a “buy” rating to a “hold” rating in a research report on Saturday. Guggenheim decreased their target price on shares of Spotify Technology from $720.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday, February 24th. Finally, Barclays lowered their price target on shares of Spotify Technology from $650.00 to $600.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th.
Get Our Latest Stock Analysis on Spotify Technology
Insider Buying and Selling at Spotify Technology
In other news, CEO Alex Norstrom sold 5,436 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $479.51, for a total value of $2,606,616.36. Following the sale, the chief executive officer directly owned 69,989 shares of the company’s stock, valued at approximately $33,560,425.39. This represents a 7.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gustav Soderstrom sold 20,833 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $473.52, for a total transaction of $9,864,842.16. Following the completion of the sale, the chief executive officer owned 20,609 shares of the company’s stock, valued at $9,758,773.68. This trade represents a 50.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.40% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in SPOT. Norges Bank acquired a new stake in Spotify Technology during the 4th quarter valued at $711,460,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Spotify Technology by 1,382.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,247,182 shares of the company’s stock valued at $724,251,000 after purchasing an additional 1,163,045 shares during the last quarter. Capital World Investors raised its position 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 valued at $1,906,260,000 after purchasing an additional 789,755 shares during the period. Capital Research Global Investors bought a new stake in shares of Spotify Technology during the 3rd quarter worth about $512,190,000. Finally, Coatue Management LLC grew its stake in Spotify Technology by 35.9% in the 4th quarter. Coatue Management LLC now owns 2,450,881 shares of the company’s stock valued at $1,423,251,000 after buying an additional 647,708 shares during the last quarter. 84.09% of the stock is currently owned by institutional investors.
Spotify Technology Trading Down 0.1%
SPOT opened at $536.13 on Wednesday. The stock has a market capitalization of $110.38 billion, a P/E ratio of 55.61, a P/E/G ratio of 1.18 and a beta of 1.70. Spotify Technology has a 12 month low of $405.00 and a 12 month high of $785.00. The firm’s fifty day simple moving average is $494.42 and its 200 day simple moving average is $557.17.
Spotify Technology (NYSE:SPOT – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $2.00. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.14 billion. Spotify Technology had a return on equity of 31.35% and a net margin of 13.16%.The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $1.88 EPS. On average, equities research analysts predict that Spotify Technology will post 10.3 EPS for the current fiscal year.
Spotify Technology News Summary
Here are the key news stories impacting Spotify Technology this week:
- Positive Sentiment: Shareholders approved the board, auditor and a new buyback authorization at Spotify’s 2026 AGM — the buyback gives management an explicit tool to support the share price and return capital if they choose to execute. Spotify Shareholders Back Board, Auditor and New Buyback Authorization at 2026 AGM
- Positive Sentiment: Spotify won a $300M judgment against a pirate group — a legal win that strengthens rights-enforcement precedent and brand protection, though collection is uncertain. The ruling is bullish for content control and could deter large-scale piracy. Spotify Wins $300M in Battle Against Pirate Group. Will It See Any of That Cash?
- Positive Sentiment: Several bullish analyst/commentary pieces reiterate a long-term growth thesis: expansion in podcasts/video, product monetization and large TAM could justify a higher valuation — these narratives are driving investor interest. You Have a Chance to Buy This Super Streaming Stock at a 31% Discount. Should You Take It?
- Neutral Sentiment: Spotify is testing an AI-transparency feature in beta — a product/regulatory move that could reduce AI-related risk and improve user trust, but its near-term monetization impact is limited. Spotify roll out its own AI-transparency feature in beta
- Neutral Sentiment: UX updates (new Android tablet design) improve product experience but are unlikely to move metrics materially in the near term. Brand-new Spotify hits Android tablets with a design refresh I’ve needed
- Neutral Sentiment: Comparisons and valuation write-ups (Spotify vs. Netflix, fresh looks at SPOT’s valuation) are increasing coverage and trader interest — that can amplify volatility as investors reassess multiples vs. growth. Got $1,000? Netflix vs.
- Negative Sentiment: Renewed label/wholesale pricing (example: Warner Music) tied to Spotify deals is beginning to take effect — analysts flag this as a potential headwind to Spotify’s content cost structure and subscription margin expansion. Investors will watch subsequent margins and ARPU changes closely. Warner Music Group faces key quarter as pricing tailwinds build, driven by Spotify deal
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.