Analysts Set Spotify Technology (NYSE:SPOT) Price Target at $641.83

Posted by on Jul 6th, 2026

Spotify Technology (NYSE:SPOT – Get Free Report) has earned an average rating of “Moderate Buy” from the twenty-seven research firms that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $641.8333.

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective on Spotify Technology from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Daiwa Securities Group initiated coverage on Spotify Technology in a research report on Thursday, March 26th. They set an “outperform” rating and a $535.00 target price on the stock. Barclays increased their price target on Spotify Technology from $500.00 to $565.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Benchmark lowered their price target on Spotify Technology from $760.00 to $695.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Finally, Morgan Stanley lifted their price objective on shares of Spotify Technology from $590.00 to $610.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd.

View Our Latest Research Report on SPOT

Insider Activity

In related news, Director Thomas O. Staggs sold 5,477 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total transaction of $2,880,902.00. Following the transaction, the director directly owned 3,619 shares in the company, valued at approximately $1,903,594. This represents a 60.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christopher P. Marshall sold 2,650 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $519.86, for a total transaction of $1,377,629.00. Following the completion of the sale, the director directly owned 4,039 shares in the company, valued at $2,099,714.54. This trade represents a 39.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 85,173 shares of company stock worth $42,176,049 over the last 90 days. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Quadcap Wealth Management LLC raised its holdings in shares of Spotify Technology by 5.7% in the third quarter. Quadcap Wealth Management LLC now owns 295 shares of the company’s stock worth $206,000 after buying an additional 16 shares during the period. Sagespring Wealth Partners LLC boosted its holdings in Spotify Technology by 2.9% during the 4th quarter. Sagespring Wealth Partners LLC now owns 636 shares of the company’s stock valued at $370,000 after acquiring an additional 18 shares during the period. Aprio Wealth Management LLC boosted its holdings in Spotify Technology by 3.1% during the 3rd quarter. Aprio Wealth Management LLC now owns 633 shares of the company’s stock valued at $442,000 after acquiring an additional 19 shares during the period. Modern Wealth Management LLC grew its position in Spotify Technology by 7.4% in the 3rd quarter. Modern Wealth Management LLC now owns 289 shares of the company’s stock valued at $202,000 after acquiring an additional 20 shares during the last quarter. Finally, Objectivity Squared LLC grew its position in Spotify Technology by 0.8% in the 4th quarter. Objectivity Squared LLC now owns 2,582 shares of the company’s stock valued at $1,499,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 84.09% of the company’s stock.

Spotify Technology Trading Down 0.2%

Shares of NYSE SPOT opened at $485.14 on Monday. Spotify Technology has a 12-month low of $405.00 and a 12-month high of $748.30. The firm’s 50-day moving average price is $470.66 and its 200-day moving average price is $497.85. The stock has a market capitalization of $99.88 billion, a price-to-earnings ratio of 38.66, a P/E/G ratio of 1.19 and a beta of 1.56.

Spotify Technology (NYSE:SPOT – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $4.04 EPS for the quarter, topping the consensus estimate of $3.41 by $0.63. The company had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.23 billion. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The firm’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $1.07 earnings per share. On average, equities analysts predict that Spotify Technology will post 14.62 EPS for the current fiscal year.

About Spotify Technology

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Spotify Technology (NYSE:SPOT)

Receive News & Ratings for Spotify Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spotify Technology and related companies with MarketBeat.com's FREE daily email newsletter.