Spotify Technology SA
NYSE:SPOT

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Spotify Technology SA Logo
Spotify Technology SA
NYSE:SPOT
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Price: 483.705 USD 3.5%
Market Cap: 97.1B USD
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Wall Street
Price Targets

SPOT Price Targets Summary
Spotify Technology SA

Wall Street analysts forecast SPOT stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SPOT is 405.58 USD with a low forecast of 247.45 USD and a high forecast of 535.5 USD.

Lowest
Price Target
247.45 USD
49% Downside
Average
Price Target
405.58 USD
16% Downside
Highest
Price Target
535.5 USD
11% Upside

SPOT Last Price Targets
Spotify Technology SA

The latest public price target was made on Nov 13, 2024 by Maria Ripps from Canaccord Genuity , who expects SPOT stock to rise by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Maria Ripps
Canaccord Genuity
525 USD
Upside 9%
1 day ago
Nov 13, 2024
Spotify (SPOT) PT Raised to $525 at Canaccord Genuity
StreetInsider
Matt Farrell
Piper Sandler
450 USD
Downside 7%
1 day ago
Nov 13, 2024
Spotify (SPOT) PT Raised to $450 at Piper Sandler
StreetInsider
Alan Gould
Loop Capital Markets
435 USD
Downside 10%
1 day ago
Nov 13, 2024
Spotify (SPOT) PT Raised to $435 at Loop Capital
StreetInsider
Benjamin Black
Deutsche Bank
440 USD
Downside 9%
1 week ago
Nov 6, 2024
Spotify (SPOT) PT Raised to $440 at Deutsche Bank
StreetInsider
Barton Crockett
Rosenblatt Securities
438 USD
Downside 9%
4 weeks ago
Oct 17, 2024
Spotify (SPOT) PT Raised to $438 at Rosenblatt
StreetInsider
Justin Patterson
KeyBanc
490 USD
Upside 1%
4 weeks ago
Oct 16, 2024
Spotify (SPOT) PT Raised to $490 at KeyBanc
StreetInsider
Eric Sheridan
Goldman Sachs
430 USD
Downside 11%
1 month ago
Oct 4, 2024
Spotify price target raised to $430 from $425 at Goldman Sachs
TheFly
James Heaney
Jefferies
445 USD
Downside 8%
1 month ago
Sep 25, 2024
Spotify (SPOT) PT Raised to $445 at Jefferies
StreetInsider
Kenneth Leon
CFRA
425 USD
Downside 12%
1 month ago
Sep 24, 2024
Spotify (SPOT) PT Raised to $425 at CFRA
StreetInsider
Jeffrey Wlodarczak
Pivotal Research
510 USD
Upside 5%
1 month ago
Sep 19, 2024
Spotify (SPOT) PT Raised to $510 at Pivotal Research
StreetInsider
Justin Patterson
KeyBanc
440 USD
Downside 9%
1 month ago
Sep 16, 2024
Spotify (SPOT) PT Raised to $440 at KeyBanc
StreetInsider
Justin Patterson
KeyBanc
420 USD
Downside 13%
2 months ago
Sep 10, 2024
KeyBanc Reiterates Overweight Rating on Spotify (SPOT)
StreetInsider
Deepak Mathivanan
Cantor Fitzgerald
340 USD
Downside 30%
2 months ago
Sep 4, 2024
Spotify initiated with a Neutral at Cantor Fitzgerald
TheFly
Benjamin Black
Deutsche Bank
430 USD
Downside 11%
3 months ago
Jul 24, 2024
Spotify price target raised to $430 from $400 at Deutsche Bank
TheFly
Eric Sheridan
Goldman Sachs
425 USD
Downside 12%
3 months ago
Jul 24, 2024
Spotify Smashes Gross Margin Guidance, Analysts Expect 'Continued Momentum'
Benzinga
Barton Crockett
Rosenblatt Securities
399 USD
Downside 18%
3 months ago
Jul 24, 2024
Spotify Smashes Gross Margin Guidance, Analysts Expect 'Continued Momentum'
Benzinga
Michael Morris
Guggenheim
420 USD
Downside 13%
3 months ago
Jul 24, 2024
Spotify price target raised to $420 from $400 at Guggenheim
TheFly
Jeffrey Wlodarczak
Pivotal Research
460 USD
Downside 5%
3 months ago
Jul 23, 2024
Spotify price target raised to $460 from $400 at Pivotal Research
TheFly
Mark Zgutowicz
Wolfe Research
405 USD
Downside 16%
3 months ago
Jul 22, 2024
Can Spotify Q2 Earnings Tune Out Bearish Signals For A Bullish Upside?
Benzinga
Devin Brisco
Wolfe Research
390 USD
Downside 19%
4 months ago
Jul 12, 2024
This Spotify Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday
Benzinga
Agnieszka Pustula
Redburn Partners
230 USD
Downside 52%
4 months ago
Jul 10, 2024
This Visa Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Benzinga
Justin Patterson
KeyBanc
410 USD
Downside 15%
4 months ago
Jul 10, 2024
Spotify's Long-Term Growth and Pricing Power Set to Boost Revenue: Analyst
Benzinga
Justin Patterson
KeyBanc
400 USD
Downside 17%
4 months ago
Jun 26, 2024
KeyBanc Reiterates Overweight Rating on Spotify (SPOT)
StreetInsider
Maria Ripps
Canaccord Genuity
370 USD
Downside 24%
5 months ago
Jun 3, 2024
Canaccord Genuity Reiterates Buy Rating on Spotify (SPOT)
StreetInsider
Matt Farrell
Piper Sandler
320 USD
Downside 34%
6 months ago
Apr 24, 2024
Spotify (SPOT) PT Raised to $320 at Piper Sandler
StreetInsider
Mark Mahaney
Evercore ISI
340 USD
Downside 30%
6 months ago
Apr 23, 2024
Spotify (SPOT) PT Raised to $340 at Evercore ISI following strong Q1 results
StreetInsider
Kenneth Leon
CFRA
325 USD
Downside 33%
6 months ago
Apr 23, 2024
Spotify (SPOT) PT Raised to $325 at CFRA
StreetInsider
Jeffrey Wlodarczak
Pivotal Research
400 USD
Downside 17%
6 months ago
Apr 23, 2024
Spotify (SPOT) PT Raised to $400 at Pivotal Research
StreetInsider
Eric Sheridan
Goldman Sachs
277 USD
Downside 43%
6 months ago
Apr 17, 2024
Spotify (SPOT) PT Raised to $277 at Goldman Sachs Ahead of Earnings
StreetInsider
Matt Farrell
Piper Sandler
250 USD
Downside 48%
7 months ago
Apr 9, 2024
Piper Sandler Reiterates Neutral Rating on Spotify (SPOT), the most popular streaming app among teens
StreetInsider
Jeffrey Wlodarczak
Pivotal Research
390 USD
Downside 19%
7 months ago
Apr 5, 2024
Spotify (SPOT) PT Raised to Street High $390 at Pivotal Research
StreetInsider
Barton Crockett
Rosenblatt Securities
315 USD
Downside 35%
7 months ago
Apr 4, 2024
Rosenblatt on Spotify (SPOT): 'Price Hike Report is Encouraging'
StreetInsider
Mark Mahaney
Evercore ISI
285 USD
Downside 41%
7 months ago
Apr 3, 2024
Evercore on Spotify (SPOT): '$1 For $1B: We believe if this price increase is carried out broadly, it could potentially contribute $1B of incremental Revenue'
StreetInsider
Justin Patterson
KeyBanc
300 USD
Downside 38%
7 months ago
Mar 27, 2024
KeyBanc Reiterates Overweight Rating on Spotify (SPOT)
StreetInsider
Joseph Thomas
HSBC
310 USD
Downside 36%
7 months ago
Mar 27, 2024
HSBC Starts Spotify (SPOT) at Buy
StreetInsider
Tim Nollen
Macquarie
300 USD
Downside 38%
9 months ago
Feb 7, 2024
Spotify Technology Reports Record Ad Revenues For Q4: Could The Company Approach $1B Profits In 2024, Asks Analyst
Benzinga
Jeffrey Wlodarczak
Pivotal Research
265 USD
Downside 45%
10 months ago
Jan 5, 2024
Spotify Wrapped 2023 With 130% Returns And A Restructure: 3 Analysts Rate It A Buy
Benzinga
Tim Nollen
Morgan Stanley
232 USD
Downside 52%
11 months ago
Dec 5, 2023
Analysts Rally Behind Spotify: Price Targets Raised After 17% Workforce Cut
Benzinga
Andrew Marok
Raymond James
210 USD
Downside 57%
1 year ago
Oct 25, 2023
These Analysts Boost Their Forecasts On Spotify After Q3 Earnings
Benzinga
Manan Gosalia
Morgan Stanley
202 USD
Downside 58%
1 year ago
Oct 25, 2023
These Analysts Boost Their Forecasts On Spotify After Q3 Earnings
Benzinga
Matt Farrell
Piper Sandler
150 USD
Downside 69%
1 year ago
Oct 11, 2023
Investors Have Warmed Up to Spotify's Q3 Outlook But Analyst Awaits Clarity
Benzinga
Benjamin Swinburne
Morgan Stanley
185 USD
Downside 62%
1 year ago
Oct 4, 2023
Morgan Stanley Says Spotify's Foray Into Audiobooks Could Lower Churn And Increase Pricing Power
Benzinga
Matthew Thornton
Truist Financial
176 USD
Downside 64%
1 year ago
Oct 2, 2023
Spotify's Mobile App Momentum and Margin Focus To Surge in Q3, Analyst Says
Benzinga
Benjamin Black
Deutsche Bank
180 USD
Downside 63%
1 year ago
Jul 26, 2023
These Analysts Increase Their Forecasts On Spotify After Q2 Results
Benzinga
Matthew Thornton
Truist Financial
170 USD
Downside 65%
1 year ago
Jun 27, 2023
Spotify's Steady Stream Of Subscribers And FX Tailwinds: Analyst Sees Upside Risk For 2Q-3Q Expectations
Benzinga
Zach Morrissey
Wolfe Research
190 USD
Downside 61%
1 year ago
Jun 21, 2023
Analyst Predicts Spotify's Margin Growth Amid Cost Optimization and Subscriber Growth Challenges
Benzinga
Hamilton Faber
Atlantic Equities
160 USD
Downside 67%
1 year ago
Feb 6, 2023
What's Going On With Spotify Stock Today?
Benzinga
Steven Cahall
Wells Fargo
180 USD
Downside 63%
1 year ago
Feb 6, 2023
Spotify upgraded to Overweight from Equal Weight at Wells Fargo
TheFly
Unknown Analyst
Truist Financial
132 USD
Downside 73%
1 year ago
Feb 2, 2023
Truist Securities Maintains Buy on Spotify Technology, Raises Price Target to $132
Benzinga
Unknown Analyst
Rosenblatt Securities
110 USD
Downside 77%
1 year ago
Feb 1, 2023
Rosenblatt Maintains Neutral on Spotify Technology, Raises Price Target to $110
Benzinga
Unknown Analyst
Pivotal Research
130 USD
Downside 73%
1 year ago
Feb 1, 2023
Pivotal Research Maintains Hold on Spotify Technology, Raises Price Target to $130
Benzinga
Mario Lu
Barclays
145 USD
Downside 70%
1 year ago
Feb 1, 2023
Spotify's Profitability Likely To Breakeven Driven By Subscription Pricing Power And Expense Discipline, Analysts Say
Benzinga
Benjamin Swinburne
Morgan Stanley
130 USD
Downside 73%
1 year ago
Feb 1, 2023
Spotify's Profitability Likely To Breakeven Driven By Subscription Pricing Power And Expense Discipline, Analysts Say
Benzinga
Unknown Analyst
Raymond James
130 USD
Downside 73%
1 year ago
Feb 1, 2023
Raymond James Maintains Outperform on Spotify Technology, Raises Price Target to $130
Benzinga
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Maria Ripps
Canaccord Genuity
Price Target 525 USD
Upside/Downside 9%
View Source
Matt Farrell
Piper Sandler
Price Target 450 USD
Upside/Downside 7%
View Source
Alan Gould
Loop Capital Markets
Price Target 435 USD
Upside/Downside 10%
View Source
Benjamin Black
Deutsche Bank
Price Target 440 USD
Upside/Downside 9%
View Source
Barton Crockett
Rosenblatt Securities
Price Target 438 USD
Upside/Downside 9%
View Source
Justin Patterson
KeyBanc
Price Target 490 USD
Upside/Downside 1%
View Source
Eric Sheridan
Goldman Sachs
Price Target 430 USD
Upside/Downside 11%
View Source
James Heaney
Jefferies
Price Target 445 USD
Upside/Downside 8%
View Source
Kenneth Leon
CFRA
Price Target 425 USD
Upside/Downside 12%
View Source
Jeffrey Wlodarczak
Pivotal Research
Price Target 510 USD
Upside/Downside 5%
View Source
Justin Patterson
KeyBanc
Price Target 440 USD
Upside/Downside 9%
View Source
Justin Patterson
KeyBanc
Price Target 420 USD
Upside/Downside 13%
View Source
Deepak Mathivanan
Cantor Fitzgerald
Price Target 340 USD
Upside/Downside 30%
View Source
Benjamin Black
Deutsche Bank
Price Target 430 USD
Upside/Downside 11%
View Source
Eric Sheridan
Goldman Sachs
Price Target 425 USD
Upside/Downside 12%
View Source
Barton Crockett
Rosenblatt Securities
Price Target 399 USD
Upside/Downside 18%
View Source
Michael Morris
Guggenheim
Price Target 420 USD
Upside/Downside 13%
View Source
Jeffrey Wlodarczak
Pivotal Research
Price Target 460 USD
Upside/Downside 5%
View Source
Mark Zgutowicz
Wolfe Research
Price Target 405 USD
Upside/Downside 16%
View Source
Devin Brisco
Wolfe Research
Price Target 390 USD
Upside/Downside 19%
View Source
Agnieszka Pustula
Redburn Partners
Price Target 230 USD
Upside/Downside 52%
View Source
Justin Patterson
KeyBanc
Price Target 410 USD
Upside/Downside 15%
View Source
Justin Patterson
KeyBanc
Price Target 400 USD
Upside/Downside 17%
View Source
Maria Ripps
Canaccord Genuity
Price Target 370 USD
Upside/Downside 24%
View Source
Matt Farrell
Piper Sandler
Price Target 320 USD
Upside/Downside 34%
View Source
Mark Mahaney
Evercore ISI
Price Target 340 USD
Upside/Downside 30%
View Source
Kenneth Leon
CFRA
Price Target 325 USD
Upside/Downside 33%
View Source
Jeffrey Wlodarczak
Pivotal Research
Price Target 400 USD
Upside/Downside 17%
View Source
Eric Sheridan
Goldman Sachs
Price Target 277 USD
Upside/Downside 43%
View Source
Matt Farrell
Piper Sandler
Price Target 250 USD
Upside/Downside 48%
View Source
Jeffrey Wlodarczak
Pivotal Research
Price Target 390 USD
Upside/Downside 19%
View Source
Barton Crockett
Rosenblatt Securities
Price Target 315 USD
Upside/Downside 35%
View Source
Mark Mahaney
Evercore ISI
Price Target 285 USD
Upside/Downside 41%
View Source
Justin Patterson
KeyBanc
Price Target 300 USD
Upside/Downside 38%
View Source
Joseph Thomas
HSBC
Price Target 310 USD
Upside/Downside 36%
View Source
Tim Nollen
Macquarie
Price Target 300 USD
Upside/Downside 38%
View Source
Jeffrey Wlodarczak
Pivotal Research
Price Target 265 USD
Upside/Downside 45%
View Source
Tim Nollen
Morgan Stanley
Price Target 232 USD
Upside/Downside 52%
View Source
Andrew Marok
Raymond James
Price Target 210 USD
Upside/Downside 57%
View Source
Manan Gosalia
Morgan Stanley
Price Target 202 USD
Upside/Downside 58%
View Source
Matt Farrell
Piper Sandler
Price Target 150 USD
Upside/Downside 69%
View Source
Benjamin Swinburne
Morgan Stanley
Price Target 185 USD
Upside/Downside 62%
View Source
Matthew Thornton
Truist Financial
Price Target 176 USD
Upside/Downside 64%
View Source
Benjamin Black
Deutsche Bank
Price Target 180 USD
Upside/Downside 63%
View Source
Matthew Thornton
Truist Financial
Price Target 170 USD
Upside/Downside 65%
View Source
Zach Morrissey
Wolfe Research
Price Target 190 USD
Upside/Downside 61%
View Source
Hamilton Faber
Atlantic Equities
Price Target 160 USD
Upside/Downside 67%
View Source
Steven Cahall
Wells Fargo
Price Target 180 USD
Upside/Downside 63%
View Source
Unknown Analyst
Truist Financial
Price Target 132 USD
Upside/Downside 73%
View Source
Unknown Analyst
Rosenblatt Securities
Price Target 110 USD
Upside/Downside 77%
View Source
Unknown Analyst
Pivotal Research
Price Target 130 USD
Upside/Downside 73%
View Source
Mario Lu
Barclays
Price Target 145 USD
Upside/Downside 70%
View Source
Benjamin Swinburne
Morgan Stanley
Price Target 130 USD
Upside/Downside 73%
View Source
Unknown Analyst
Raymond James
Price Target 130 USD
Upside/Downside 73%
View Source
Show More Price Targets
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Spotify Technology SA Competitors:
Price Targets
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39% Upside
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9% Upside
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18% Downside
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7% Downside
EDR
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1% Downside
RSVR
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42% Upside

Revenue
Forecast

Revenue Estimate
Spotify Technology SA

For the last 8 years the compound annual growth rate for Spotify Technology SA's revenue is 27%. The projected CAGR for the next 3 years is 17%.

27%
Past Growth
17%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Spotify Technology SA

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Spotify Technology SA

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SPOT's stock price target?
Price Target
405.58 USD

According to Wall Street analysts, the average 1-year price target for SPOT is 405.58 USD with a low forecast of 247.45 USD and a high forecast of 535.5 USD.

What is Spotify Technology SA's Revenue forecast?
Projected CAGR
17%

For the last 8 years the compound annual growth rate for Spotify Technology SA's revenue is 27%. The projected CAGR for the next 3 years is 17%.

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