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SPOT Stock Forecast 2025-2026
$635.75
Current Price
$131.17B
Market Cap
Buy 28
Hold 9
Sell 2
Wall St Analyst Ratings
Distance to SPOT Price Targets
+43.2%
To High Target of $910.36
+19.3%
To Median Target of $758.63
-22.0%
To Low Target of $495.64
SPOT Price Momentum
+3.1%
1 Week Change
-5.3%
1 Month Change
+38.7%
1 Year Change
+42.1%
Year-to-Date Change
-19.0%
From 52W High of $785.00
+43.4%
From 52W Low of $443.21
📊 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 49 Wall Street analysts, SPOT has a bullish consensus with a median price target of $758.63 (ranging from $495.64 to $910.36). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $635.75, the median forecast implies a 19.3% upside. This outlook is supported by 28 Buy, 9 Hold, and 2 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
28
Buy
9
Hold
2
Sell
SPOT Price Target Range
Low
$495.64
Average
$758.63
High
$910.36
Current: $635.75
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 |
|---|---|---|---|---|---|
| Nov 5, 2025 | Benchmark | Mark Zgutowicz | Buy | Maintains | $860.00 |
| Nov 5, 2025 | Cantor Fitzgerald | Deepak Mathivanan | Neutral | Maintains | $675.00 |
| Nov 5, 2025 | Rosenblatt | Barton Crockett | Neutral | Maintains | $670.00 |
| Nov 5, 2025 | Guggenheim | Michael Morris | Buy | Maintains | $800.00 |
| Nov 5, 2025 | Barclays | Kannan Venkateshwar | Overweight | Maintains | $700.00 |
| Oct 29, 2025 | Rosenblatt | Barton Crockett | Neutral | Maintains | $700.00 |
| Oct 1, 2025 | Rosenblatt | Barton Crockett | Neutral | Maintains | $679.00 |
| Sep 30, 2025 | Goldman Sachs | Eric Sheridan | Neutral | Downgrade | $770.00 |
| Sep 29, 2025 | JP Morgan | Doug Anmuth | Overweight | Maintains | $805.00 |
| Sep 29, 2025 | Argus Research | Joseph Bonner | Buy | Initiates | $845.00 |
| Sep 9, 2025 | Citigroup | Jason Bazinet | Neutral | Maintains | $750.00 |
| Sep 3, 2025 | Guggenheim | Michael Morris | Buy | Reiterates | $850.00 |
| Aug 18, 2025 | Oppenheimer | Jason Helfstein | Outperform | Maintains | $825.00 |
| Aug 18, 2025 | Guggenheim | Michael Morris | Buy | Maintains | $850.00 |
| Jul 30, 2025 | Barclays | Kannan Venkateshwar | Overweight | Maintains | $750.00 |
| Jul 30, 2025 | Guggenheim | Buy | Maintains | $N/A | |
| Jul 30, 2025 | UBS | Batya Levi | Buy | Maintains | $850.00 |
| Jul 30, 2025 | Keybanc | Justin Patterson | Overweight | Maintains | $830.00 |
| Jul 30, 2025 | Rosenblatt | Barton Crockett | Neutral | Maintains | $679.00 |
| Jul 30, 2025 | Morgan Stanley | Manan Gosalia | Overweight | Maintains | $800.00 |
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 $131.17B with a P/E ratio of 82.1x. The company generates $19.63B in trailing twelve-month revenue with a 8.3% profit margin.
Revenue growth is +7.1% quarter-over-quarter, while maintaining an operating margin of +13.6% and return on equity of +22.6%.
Valuation Metrics
Market Cap
$131.17B
Enterprise Value
$148.46B
P/E Ratio
82.1x
PEG Ratio
0.4x
Price/Sales
7.7x
Growth & Margins
Revenue Growth (YoY)
+7.1%
Gross Margin
+31.6%
Operating Margin
+13.6%
Net Margin
+8.3%
EPS Growth
+199.7%
Financial Health
Cash/Price Ratio
+5.7%
Current Ratio
1.6x
Debt/Equity
28.9x
ROE
+22.6%
ROA
+10.0%
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Spotify Technology S.A. (SPOT) Business Model
About Spotify Technology S.A.
What They Do
Digital music streaming service with extensive content.
Business Model
Spotify operates on a freemium model, providing both ad-supported free access and premium subscription tiers. This dual approach allows the company to monetize its user base through advertising and subscription fees, catering to diverse user preferences and maximizing revenue potential.
Additional Information
Founded in 2006 and headquartered in Luxembourg, Spotify is a major player in the media and entertainment sector, influencing how artists monetize their work and how users discover music. The company is also expanding into podcasting, enhancing user engagement through personalized recommendations and original content.
Company Information
Sector
Communication Services
Industry
Internet Content & Information
Employees
7,691
CEO
Mr. Daniel G. Ek
Country
Luxembourg
IPO Year
2018
Website
www.spotify.comSpotify Technology S.A. (SPOT) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.
Nov 12, 2025
By Zacks Equity Research
Tale of the Tape
Do Options Traders Know Something About Spotify Stock We Don't?
Investors need to pay close attention to SPOT stock based on the movements in the options market lately.
Nov 07, 2025
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Spotify will launch music videos in the U.S. soon, following a beta rollout in 98 other markets earlier this year, according to a company spokesperson.
Why It Matters
Spotify's expansion of music videos in the U.S. could enhance user engagement, attract new subscribers, and drive ad revenue, impacting its growth potential and stock performance.
Source: Deadline
Market Sentiment:
Positive
Quick Summary
Spotify is launching new premium tiers—Premium Lite, Premium Standard, and Premium Platinum—in five markets: India, Indonesia, UAE, Saudi Arabia, and South Africa.
Why It Matters
Spotify's new premium tiers could expand its user base and revenue streams in emerging markets, potentially boosting subscriber growth and attracting investor interest.
Source: TechCrunch
Market Sentiment:
Positive
Quick Summary
The National Music Publishers' Assn. and Spotify are collaborating to create a new revenue stream for music creators amid ongoing disputes over publisher royalty rates in the U.S.
Why It Matters
The collaboration between the National Music Publishers' Assn. and Spotify may stabilize royalty rates, potentially enhancing Spotify's reputation and financial outlook, impacting stock performance.
Source: Forbes
Market Sentiment:
Positive
Quick Summary
Spotify’s CFO, Christian Luiga, will present at the 2025 Morgan Stanley European Technology Conference on November 13, 2025, at 9:00 a.m. CET. The event will be webcast live and available for replay.
Why It Matters
Christian Luiga's presentation at a major conference could signal strategic insights and future plans, impacting Spotify's stock performance and investor sentiment.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Spotify Technology S.A. will participate in the Morgan Stanley 25th European Technology, Media & Telecom Conference on November 13, 2025, at 3:00 AM EST. CFO Christian Luiga will present.
Why It Matters
Spotify's participation in a major conference may signal strategic updates and growth prospects, influencing investor sentiment and stock performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Spotify (SPOT) has garnered significant attention from Zacks.com users, prompting an examination of the stock's potential outlook.
Why It Matters
Increased interest in Spotify (SPOT) could indicate potential stock volatility or opportunity, prompting investors to assess its performance and market trends.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About SPOT Stock
What is Spotify Technology S.A.'s (SPOT) stock forecast for 2026?
Based on our analysis of 49 Wall Street analysts, Spotify Technology S.A. (SPOT) has a median price target of $758.63. The highest price target is $910.36 and the lowest is $495.64.
Is SPOT stock a good investment in 2026?
According to current analyst ratings, SPOT has 28 Buy ratings, 9 Hold ratings, and 2 Sell ratings. The stock is currently trading at $635.75. 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 $758.63 in the next 12 months. This represents a 19.3% increase from the current price of $635.75. 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, providing both ad-supported free access and premium subscription tiers. This dual approach allows the company to monetize its user base through advertising and subscription fees, catering to diverse user preferences and maximizing revenue potential.
What is the highest forecasted price for SPOT Spotify Technology S.A.?
The highest price target for SPOT is $910.36 from at , which represents a 43.2% increase from the current price of $635.75.
What is the lowest forecasted price for SPOT Spotify Technology S.A.?
The lowest price target for SPOT is $495.64 from at , which represents a -22.0% decrease from the current price of $635.75.
What is the overall SPOT consensus from analysts for Spotify Technology S.A.?
The overall analyst consensus for SPOT is bullish. Out of 49 Wall Street analysts, 28 rate it as Buy, 9 as Hold, and 2 as Sell, with a median price target of $758.63.
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: November 15, 2025 4:33 AM UTC