IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 4,893 Shares of Spotify Technology $SPOT

IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in shares of Spotify Technology (NYSE:SPOT) by 134.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,533 shares of the company’s stock after buying an additional 4,893 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Spotify Technology were worth $5,956,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPOT. State Street Corp boosted its position in Spotify Technology by 1.7% during the 2nd quarter. State Street Corp now owns 4,574,228 shares of the company’s stock worth $3,509,988,000 after acquiring an additional 74,256 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of Spotify Technology by 22.7% in the second quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock worth $1,909,920,000 after purchasing an additional 460,115 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Spotify Technology by 3.3% during the second quarter. Geode Capital Management LLC now owns 1,568,502 shares of the company’s stock worth $1,192,730,000 after purchasing an additional 49,377 shares during the last quarter. Invesco Ltd. grew its position in Spotify Technology by 17.3% in the second quarter. Invesco Ltd. now owns 1,454,383 shares of the company’s stock valued at $1,116,007,000 after purchasing an additional 214,355 shares in the last quarter. Finally, Edgewood Management LLC increased its stake in Spotify Technology by 14.4% in the 2nd quarter. Edgewood Management LLC now owns 1,249,791 shares of the company’s stock valued at $959,015,000 after buying an additional 157,567 shares during the last quarter. Institutional investors and hedge funds own 84.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Pivotal Research reduced their price objective on shares of Spotify Technology from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Moffett Nathanson began coverage on Spotify Technology in a report on Tuesday, January 27th. They set a “neutral” rating and a $487.00 target price on the stock. Citizens Jmp began coverage on Spotify Technology in a research report on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price target for the company. Wall Street Zen upgraded Spotify Technology from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Spotify Technology in a research note on Monday, December 29th. Two investment 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’s stock. According to data from MarketBeat.com, Spotify Technology has an average rating of “Moderate Buy” and an average target price of $727.71.

Key Spotify Technology News

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 Stock Down 6.3%

Shares of NYSE SPOT opened at $412.80 on Friday. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00. The company has a market cap of $84.99 billion, a PE ratio of 64.91, a price-to-earnings-growth ratio of 0.84 and a beta of 1.66. The business’s 50 day moving average price is $548.32 and its two-hundred day moving average price is $630.60.

Spotify Technology (NYSE:SPOT) last issued its earnings results on Tuesday, November 4th. The company reported $3.83 EPS for the quarter, topping the consensus estimate of $1.87 by $1.96. The company had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $4.23 billion. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.45 EPS. As a group, research analysts anticipate that Spotify Technology will post 10.3 EPS for the current fiscal year.

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.