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SPOT Stock Forecast: Spotify Technology SA Price Predictions for 2026-2027

Last close, 20 Aug 2026
$533
−0.04% on the day

The 41 Wall Street analysts covering Spotify Technology SA hold a median 12-month price target of $610 — +14.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 20 Aug 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$109.7B
Ticker Nerd rank
71 / 100
Median analyst target
$610
Analysts covering
41
Total return, dividends reinvested
1W
+7.0%
1M
+8.3%
YTD
−8.2%
1Y
−24.2%
From 52W high
−27.8%
From 52W low
+29.2%
$413
$739
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

SPOT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Spotify Technology SA on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 20 Aug 2026
71 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
96
Volatility
95
Issuance
93
Growth
68
Value
62
Accruals
61
Revisions
50
Momentum
33
Size
2

Quality (96): The business earns solid, repeatable profits on what it owns.

Momentum (33): The shares have been drifting down relative to others.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

SPOT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SPOT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$400$500$600$700$800Oct 25Jan 26Apr 26Jul 26SPOTHigh $730Median $610Low $426

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says41 analysts
34 Buy7 Hold0 Sell
Low $426Median $610High $730

The green dot is the last close — the median target sits +14.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
13 Aug 2026Argus ResearchReiteratesBuy$600
5 Aug 2026Cantor FitzgeraldMaintainsNeutral$510 → $530
5 Aug 2026Cantor FitzgeraldMaintainsNeutral—
5 Aug 2026GuggenheimReiteratesBuy—
5 Aug 2026GuggenheimReiteratesBuy$565
5 Aug 2026RosenblattMaintainsNeutral—
5 Aug 2026RosenblattMaintainsNeutral$531 → $527
22 July 2026BenchmarkMaintainsBuy$695 → $650
22 July 2026BenchmarkMaintainsBuy—
10 July 2026UBSMaintainsBuy—
10 July 2026UBSMaintainsBuy$735 → $690
9 July 2026RosenblattMaintainsNeutral$534 → $531
9 July 2026RosenblattMaintainsNeutral—
9 July 2026Wells FargoMaintainsOverweight—
9 July 2026Wells FargoMaintainsOverweight$600 → $570
26 May 2026Cantor FitzgeraldMaintainsNeutral—
22 May 2026BarclaysMaintainsOverweight—
22 May 2026CitizensMaintainsMarket Outperform—
22 May 2026JP MorganMaintainsOverweight—
22 May 2026Morgan StanleyMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SPOT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

SPOT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−4.6%
Analysts raising
10
Analysts cutting
13
Fundamentals

Spotify Technology SA (SPOT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
29.2×

Cheaper than 28% of US stocks

Price / sales
6.1×

Cheaper than 22% of US stocks

Price / book
11.9×

Cheaper than 9% of US stocks

EV / EBITDA
38.4×

Cheaper than 7% of US stocks

Growth & margins
Revenue growth (YoY)
13.9%

Higher than 61% of US stocks

Earnings growth (YoY)
13.9%

Higher than 52% of US stocks

Gross margin
33.4%

Higher than 40% of US stocks

Operating margin
13.7%

Higher than 70% of US stocks

Net margin
18.4%

Higher than 81% of US stocks

Returns & dividend
Return on equity
44.5%

Higher than 92% of US stocks

Return on assets
12.2%

Higher than 95% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

SPOT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelInternet Content & Information
CompanyMarket capTKN rank
SPOTSpotify Technology SA$109.7B
71
NBISNebius Group NV$59.8B
21
RDDTReddit, Inc.$28.9B
70
PINSPinterest, Inc.$13.4B
82
MTCHMatch Group, Inc.$9.5B
97
METAMeta Platforms, Inc.$1.4T
42
SNAPSnap, Inc.$8.6B
72

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Spotify Technology SA — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest SPOT news & analysis

Spotify Upsizes Share Repurchase Program by $1.5 Billion

Business Wire · 20 Aug 2026positive

Spotify's Board of Directors approved an additional $1.5 billion increase to its share repurchase program. With $723 million remaining under the current program, the total authorization now stands at approximately $2.223 billion.

Why it matters — A larger share repurchase authorization signals the company's confidence in returning capital to shareholders, which is relevant to those tracking SPOT's capital allocation strategy.

SPOT Gains 12.5% in a Month as Growth Strength Meets Valuation Risk

Zacks Investment Research · 20 Aug 2026positive

Spotify shares rose 12.5% over the past four weeks, driven by record margins, subscriber growth, and pricing gains, according to Zacks Investment Research. The report notes that these strengths are balanced against valuation and reinvestment risks.

Why it matters — SPOT watchers would note the recent share-price gain and its drivers, while also weighing the valuation and reinvestment risks outlined in the report.

Is Spotify Stock Worth Buying as Growth Meets a Premium Valuation?

Zacks Investment Research · 20 Aug 2026neutral

Zacks Investment Research assesses whether Spotify's stock is worth buying at its current premium valuation, noting that strong earnings growth, cash flow, and expanding monetization support the bull case even as that premium valuation raises the bar for execution.

Why it matters — SPOT watchers would care because the analysis weighs the company's growth fundamentals and monetization momentum against the risk posed by its elevated share-price valuation.

Buy Signal Flashing for Surging Spotify Stock

Schaeffers Research · 19 Aug 2026positive

Spotify Technology (SPOT) shares rose 4.5% to $539.33 in afternoon trading, extending the previous day's gains and approaching its highest closing level since April. The article describes this as a buy signal for the stock.

Why it matters — A SPOT watcher would care because the stock is showing continued upward momentum and approaching a multi-month high, indicating a notable market move for the company.

AI Slop Is Everywhere. Spotify, LinkedIn and Others Have Had Enough.

NYTimes · 17 Aug 2026neutral

Spotify, LinkedIn and other platforms are working to address an influx of low-quality, AI-generated content across their services. The companies are attempting to manage what is described as a large accumulation of such material.

Why it matters — A SPOT watcher would care because how Spotify handles low-quality AI content could affect the quality and credibility of its platform.

FAQ

Frequently asked questions about SPOT stock

What is the SPOT stock price forecast for 2026-2027?

The 41 Wall Street analysts covering Spotify Technology SA have a median 12-month price target of $610, with estimates ranging from $426 to $730. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is SPOT stock a buy right now?

Of the 41 analysts covering Spotify Technology SA, 34 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Spotify Technology SA 71 out of 100 across roughly 4,600 US stocks as at 20 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SPOT?

As at 20 Aug 2026, Spotify Technology SA ranks 71 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (96 of 100).

Will SPOT stock go up?

No one can know that. What the data says: the median 12-month target from 41 analysts implies +14.3% from the last close, and Ticker Nerd's factor model ranks Spotify Technology SA 71 out of 100 as at 20 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the SPOT stock forecast for 2030?

No analyst covering Spotify Technology SA publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SPOT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $426 to $730 over the next 12 months.

How has SPOT stock performed over the past year?

Spotify Technology SA returned -24.2% over the 12 months to 20 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Spotify Technology SA do?

Spotify Technology S.A. is a digital audio streaming company that provides access to music, podcasts, and other spoken-word content for listeners around the world.

What is the latest news on SPOT?

The most recent item we track (Business Wire, 20 Aug 2026): "Spotify Upsizes Share Repurchase Program by $1.5 Billion". Spotify's Board of Directors approved an additional $1.5 billion increase to its share repurchase program. With $723 million remaining under the current program, the total authorization now stands at approximately $2.223 billion.

Company

About Spotify Technology SA.

Spotify Technology S.A. is a digital audio streaming company that provides access to music, podcasts, and other spoken-word content for listeners around the world. Its platform is organized around Premium and Ad-Supported offerings, serving subscribers with on-demand, offline, and commercial-free listening, while also providing free access supported by advertising. Spotify Technology S.A. delivers its service across computers, mobile devices, connected speakers, smart TVs, game consoles, cars, and wearables, making it a widely used distribution platform for audio entertainment. The company plays a central role in the global streaming market by combining subscription services, advertising-supported listening, and podcast distribution within a single platform.

CEO Mr. Alex Norström · 7,000 employees · Sweden · https://www.spotify.com