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SPOT Stock Forecast 2026-2027
$417.83
Current Price
$85.91B
Market Cap
Buy 34
Hold 7
Sell 0
Wall St Analyst Ratings
Distance to SPOT Price Targets
+77.0%
To High Target of $739.76
+44.1%
To Median Target of $602.26
-3.9%
To Low Target of $401.50
SPOT Price Momentum
-5.4%
1 Week Change
-14.1%
1 Month Change
-35.5%
1 Year Change
-28.0%
Year-to-Date Change
-46.8%
From 52W High of $785.00
+3.2%
From 52W Low of $405.00
📊 TOP ANALYST CALLS
Did SPOT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Spotify is one of their latest high-conviction picks.
Latest SPOT Stock Price Targets & Analyst Predictions
Based on our analysis of 51 Wall Street analysts, SPOT has a bullish consensus with a median price target of $602.26 (ranging from $401.50 to $739.76). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $417.83, the median forecast implies a 44.1% upside. This outlook is supported by 34 Buy, 7 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
SPOT Analyst Ratings
34
Buy
7
Hold
0
Sell
SPOT Price Target Range
Low
$401.50
Average
$602.26
High
$739.76
Current: $417.83
Latest SPOT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for SPOT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 30, 2026 | UBS | Batya Levi | Buy | Maintains | $735.00 |
| Apr 29, 2026 | Keybanc | Justin Patterson | Overweight | Maintains | $680.00 |
| Apr 29, 2026 | JP Morgan | Doug Anmuth | Overweight | Maintains | $600.00 |
| Apr 29, 2026 | Rosenblatt | Barton Crockett | Neutral | Maintains | $500.00 |
| Apr 29, 2026 | Wells Fargo | Steven Cahall | Overweight | Maintains | $580.00 |
| Apr 29, 2026 | Citizens | Matthew Condon | Market Outperform | Reiterates | $600.00 |
| Apr 29, 2026 | Cantor Fitzgerald | Deepak Mathivanan | Neutral | Maintains | $430.00 |
| Apr 29, 2026 | Barclays | Kannan Venkateshwar | Overweight | Maintains | $500.00 |
| Apr 29, 2026 | Canaccord Genuity | Maria Ripps | Buy | Maintains | $720.00 |
| Apr 29, 2026 | Goldman Sachs | Eric Sheridan | Buy | Maintains | $600.00 |
| Apr 29, 2026 | Benchmark | Mark Zgutowicz | Buy | Maintains | $695.00 |
| Apr 29, 2026 | Guggenheim | Michael Morris | Buy | Maintains | $565.00 |
| Apr 15, 2026 | Keybanc | Justin Patterson | Overweight | Maintains | $745.00 |
| Apr 13, 2026 | Wells Fargo | Steven Cahall | Overweight | Maintains | $640.00 |
| Apr 8, 2026 | Barclays | Kannan Venkateshwar | Overweight | Maintains | $600.00 |
| Mar 26, 2026 | Daiwa Capital | Jonathan Kees | Buy | Initiates | $535.00 |
| Feb 24, 2026 | Guggenheim | Michael Morris | Buy | Maintains | $600.00 |
| Feb 11, 2026 | Guggenheim | Michael Morris | Buy | Maintains | $720.00 |
| Feb 11, 2026 | Evercore ISI Group | Mark Mahaney | Outperform | Maintains | $700.00 |
| Feb 11, 2026 | Barclays | Kannan Venkateshwar | Overweight | Maintains | $650.00 |
Spotify Technology S.A. (SPOT) Competitors
The following stocks are similar to Spotify based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Spotify Technology S.A. (SPOT) Financial Data
Spotify Technology S.A. has a market capitalization of $85.91B with a P/E ratio of 28.5x. The company generates $20.58B in trailing twelve-month revenue with a 15.4% profit margin.
Revenue growth is +8.2% quarter-over-quarter, while maintaining an operating margin of +15.8% and return on equity of +38.0%.
Valuation Metrics
Market Cap
$85.91B
Enterprise Value
$95.84B
P/E Ratio
28.5x
PEG Ratio
0.1x
Price/Sales
5.0x
Growth & Margins
Revenue Growth (YoY)
+8.2%
Gross Margin
+33.0%
Operating Margin
+15.8%
Net Margin
+15.4%
EPS Growth
+220.4%
Financial Health
Cash/Price Ratio
+7.3%
Current Ratio
2.1x
Debt/Equity
5.9x
ROE
+38.0%
ROA
+11.6%
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Spotify Technology S.A. (SPOT) Business Model
About Spotify Technology S.A.
What They Do
Audio streaming and media service provider.
Business Model
Spotify operates on a freemium model, offering both free ad-supported access and premium subscriptions. Revenue is generated through subscriptions, including individual, duo, family, and student plans, as well as advertising from free users.
Additional Information
With over 100 million songs and 7 million podcasts available, Spotify is accessible in 184 markets worldwide. The platform supports artists through tools and programs, enhancing both user engagement and artist visibility in the digital audio market.
Company Information
Sector
Communication Services
Industry
Internet Content & Information
Employees
7,000
CEO
Mr. Alex Norström
Country
Sweden
IPO Year
2018
Website
www.spotify.comSpotify Technology S.A. (SPOT) Latest News & Analysis
Latest News
Quick Summary
Major music companies, including Spotify, Universal Music Group, Warner Music Group, and Sony Music, reported growth in Q1 2026, indicating strong financial health amid the streaming revolution.
Why It Matters
Strong Q1 earnings from major music companies indicate resilience and growth in the streaming market, signaling potential investment opportunities and stability in the industry.
Source: Forbes
Market Sentiment:
Neutral
Earnings Season Hits Overdrive
3 days ago
Quick Summary
Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren discuss investment opportunities in the latest episode of Motley Fool Hidden Gems Investing.
Why It Matters
The discussion may reveal insights on undervalued stocks or emerging market trends, impacting investment strategies and potential returns for investors.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
Spotify's AI DJ feature now supports French, German, Italian, and Brazilian Portuguese, expanding its interactive capabilities beyond English and Spanish.
Why It Matters
Spotify's AI DJ expansion to new languages broadens its user base, potentially increasing engagement and subscriptions, which could positively impact revenue growth and stock performance.
Source: TechCrunch
Market Sentiment:
Positive
Quick Summary
Spotify has integrated podcast creation tools into its app, allowing users to generate podcasts from existing materials, but requires programming knowledge for access.
Why It Matters
Spotify's integration of podcast creation tools expands its content offerings, potentially attracting more users and advertisers, which could enhance revenue and market position.
Source: TechCrunch
Market Sentiment:
Positive
Quick Summary
Peloton Interactive (NASDAQ: PTON) shares rose 11% to $5.76 in premarket trading after reporting GAAP profitability and raising its full-year outlook.
Why It Matters
Peloton's shift to GAAP profitability and improved full-year outlook signal financial strength, potentially boosting investor confidence and stock value.
Source: 24/7 Wall Street
Market Sentiment:
Positive
Quick Summary
Pomerantz LLP is investigating claims for investors of Spotify Technology S.A. (NYSE: SPOT) as of May 7, 2026.
Why It Matters
The investigation by Pomerantz LLP may indicate potential legal issues for Spotify, which could impact stock performance and investor sentiment.
Source: PRNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About SPOT Stock
What is Spotify Technology S.A.'s (SPOT) stock forecast for 2026?
Based on our analysis of 51 Wall Street analysts, Spotify Technology S.A. (SPOT) has a median price target of $602.26. The highest price target is $739.76 and the lowest is $401.50.
Is SPOT stock a good investment in 2026?
According to current analyst ratings, SPOT has 34 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $417.83. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for SPOT stock?
Wall Street analysts predict SPOT stock could reach $602.26 in the next 12 months. This represents a 44.1% increase from the current price of $417.83. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Spotify Technology S.A.'s business model?
Spotify operates on a freemium model, offering both free ad-supported access and premium subscriptions. Revenue is generated through subscriptions, including individual, duo, family, and student plans, as well as advertising from free users.
What is the highest forecasted price for SPOT Spotify Technology S.A.?
The highest price target for SPOT is $739.76 from at , which represents a 77.0% increase from the current price of $417.83.
What is the lowest forecasted price for SPOT Spotify Technology S.A.?
The lowest price target for SPOT is $401.50 from at , which represents a -3.9% decrease from the current price of $417.83.
What is the overall SPOT consensus from analysts for Spotify Technology S.A.?
The overall analyst consensus for SPOT is bullish. Out of 51 Wall Street analysts, 34 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $602.26.
How accurate are SPOT stock price projections?
Stock price projections, including those for Spotify Technology S.A., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: May 9, 2026 3:55 AM UTC