Spotify Technology (SPOT) Stock Forecast & Price Target $551.71 +1.68 (+0.30%) Closing price 04/1/2025 03:59 PM EasternExtended Trading$548.63 -3.08 (-0.56%) As of 04:33 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Spotify Technology - Analysts' Recommendations and Stock Price Forecast (2025) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating Moderate BuyBased on 30 Analyst RatingsSell0Hold9Buy21 Based on 30 Wall Street analysts who have issued ratings for Spotify Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 9 have given a hold rating, and 21 have given a buy rating for SPOT. Consensus Price Target $552.470.14% Upside According to the 30 analysts' twelve-month price targets for Spotify Technology, the average price target is $552.47. The highest price target for SPOT is $740.00, while the lowest price target for SPOT is $250.00. The average price target represents a forecasted upside of 0.14% from the current price of $551.71. Get the Latest News and Ratings for SPOT and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Spotify Technology and its competitors. Enter your email to sign up for newsletter Sign Up SPOT Analyst Ratings Over TimeTypeCurrent Forecast4/2/24 to 4/2/251 Month Ago3/3/24 to 3/3/253 Months Ago1/3/24 to 1/2/251 Year Ago4/3/23 to 4/2/24Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy21 Buy rating(s)20 Buy rating(s)22 Buy rating(s)17 Buy rating(s)Hold9 Hold rating(s)7 Hold rating(s)5 Hold rating(s)6 Hold rating(s)Sell0 Sell rating(s)1 Sell rating(s)1 Sell rating(s)0 Sell rating(s)Consensus Price Target$552.47$529.43$429.96$235.36Forecasted Upside0.14% Upside-11.62% Downside-6.08% Downside-12.74% DownsideConsensus RatingModerate BuyModerate BuyModerate BuyModerate Buy Remove Ads SPOT Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History SPOT Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Spotify Technology Stock vs. The CompetitionTypeSpotify TechnologyBusiness Services CompaniesS&P 500Consensus Rating Score 2.70 2.72 2.54Consensus RatingModerate BuyModerate BuyModerate BuyPredicted Upside0.14% Upside1,350.18% Upside19.03% UpsideNews Sentiment RatingPositive NewsSee Recent SPOT NewsPositive NewsPositive News Remove Ads Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails3/28/2025Wells Fargo & Company3 of 5 starsSteven CahallSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOverweight ➝ Overweight$690.00 ➝ $740.00+29.62%3/28/2025FBN Securities2 of 5 starsM. ThorntonSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageSector Perform$645.00+11.16%3/26/2025China Renaissance0 of 5 starsYiwen ZhangSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageBuy$740.00+20.16%3/11/2025Redburn AtlanticSubscribe to MarketBeat All Access for the recommendation accuracy ratingH. FaberSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageStrong Sell ➝ Neutral$230.00 ➝ $545.00+8.04%2/24/2025GuggenheimSubscribe to MarketBeat All Access for the recommendation accuracy ratingMichael MorrisSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingBuy ➝ Buy$675.00 ➝ $675.00+12.67%2/14/2025CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingJason BazinetSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetNeutral ➝ Neutral$540.00 ➝ $720.00+14.17%2/6/2025The Goldman Sachs GroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingEric SheridanSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetBuy ➝ Buy$550.00 ➝ $695.00+11.26%2/5/2025BenchmarkSubscribe to MarketBeat All Access for the recommendation accuracy ratingMark ZgutowiczSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetBuy ➝ Buy$600.00 ➝ $720.00+15.56%2/5/2025JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the recommendation accuracy ratingDoug AnmuthSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOverweight ➝ Overweight$555.00 ➝ $730.00+17.77%2/5/2025BarclaysSubscribe to MarketBeat All Access for the recommendation accuracy ratingKannan VenkateshwarSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOverweight ➝ Overweight$475.00 ➝ $710.00+14.02% Get the Latest News and Ratings for SPOT and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Spotify Technology and its competitors with MarketBeat's FREE daily newsletter. 2/5/2025Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy ratingManan GosaliaSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOverweight ➝ Overweight$550.00 ➝ $670.00+7.60%2/5/2025Canaccord Genuity GroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingMaria RippsSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetBuy ➝ Buy$650.00 ➝ $700.00+12.42%2/5/2025Rosenblatt SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy ratingBarton CrockettSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingBuy ➝ Neutral$473.00 ➝ $658.00+5.67%1/31/2025KeyCorpSubscribe to MarketBeat All Access for the recommendation accuracy ratingAleksey YefremovSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOverweight ➝ Overweight$555.00 ➝ $600.00+7.40%1/30/2025MacquarieSubscribe to MarketBeat All Access for the recommendation accuracy ratingTim NollenSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOutperform ➝ Outperform$500.00 ➝ $600.00+9.00%1/28/2025Cantor FitzgeraldSubscribe to MarketBeat All Access for the recommendation accuracy ratingD. MathivananSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingNeutral ➝ Neutral$490.00 ➝ $480.00-8.55%1/17/2025Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy ratingDevin BriscoSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingOutperform ➝ Peer Perform1/15/2025UBS GroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingBatya LeviSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetBuy ➝ Buy$485.00 ➝ $540.00+10.25%11/13/2024Bank of AmericaSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$430.00 ➝ $515.00+10.56%11/13/2024TD CowenSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetHold ➝ Hold$356.00 ➝ $416.00-10.70%11/13/2024Piper SandlerSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$330.00 ➝ $450.00-4.44%11/13/2024Pivotal ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy$510.00 ➝ $565.00+34.74%11/13/2024Phillip SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingBuy ➝ Accumulate$420.00 ➝ $485.00+15.66%11/6/2024Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$430.00 ➝ $440.00+15.32%8/29/2024Evercore ISISubscribe to MarketBeat All Access for the recommendation accuracy ratingM. MahaneySubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetOutperform ➝ Outperform$420.00 ➝ $460.00+36.27%7/24/2024DZ BankSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradeHold ➝ Buy$375.00+13.41%7/11/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingHold ➝ Buy$242.00 ➝ $385.00+26.23%4/24/2024HSBCSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$310.00 ➝ $355.00+24.84%4/22/2024Loop CapitalSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetHold ➝ Hold$165.00 ➝ $250.00-7.60%4/15/2024Raymond JamesSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOutperform ➝ Outperform$260.00 ➝ $320.00+9.66%12/8/2023Robert W. BairdSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOutperform ➝ Outperform$185.00 ➝ $225.00+15.07%10/25/2023Truist FinancialSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$176.00 ➝ $190.00+17.79%9/28/2023Monness Crespi & HardtSubscribe to MarketBeat All Access for the recommendation accuracy rating DowngradeBuy ➝ Neutral4/26/2023VNET GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingMaintainsAnalyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:45 AM ET. Should I Buy Spotify Technology Stock? SPOT Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, March 28, 2025. Please send any questions or comments about these Spotify Technology pros and cons to contact@marketbeat.com. Spotify Technology Bull Case Here are some ways that investors could benefit from investing in Spotify Technology S.A.: Spotify Technology S.A. has seen significant institutional investment, with Thrivent Financial for Lutherans increasing its position by 566.1% recently, indicating strong confidence in the company's future growth. Analysts have set optimistic price targets for the stock, with several firms raising their targets to between $700.00 and $740.00, suggesting potential for substantial price appreciation. The current stock price is $559.76, which, given the recent analyst upgrades, may present a buying opportunity for investors looking to capitalize on future growth. Spotify Technology S.A. has a robust market capitalization of $114.59 billion, reflecting its strong position in the market and potential for continued expansion. With 84.09% of the stock owned by hedge funds and institutional investors, there is a strong backing from major financial entities, which can provide stability and confidence in the stock's performance. Spotify Technology Bear Case Investors should be bearish about investing in Spotify Technology S.A. for these reasons: The stock has a high price-to-earnings (P/E) ratio of 94.08, which may indicate that the stock is overvalued compared to its earnings, posing a risk for potential investors. Despite the positive outlook from analysts, the stock has experienced volatility, with significant price fluctuations that could deter risk-averse investors. Recent trading volumes have been below average, which may suggest a lack of investor interest or confidence in the stock at its current price level. While institutional investment is high, it also means that the stock is heavily influenced by the actions of a few large investors, which can lead to increased volatility if they decide to sell. There is a consensus target price of $552.47, which is lower than the current trading price, indicating that some analysts believe the stock may not have much room for growth in the near term. SPOT Forecast - Frequently Asked Questions What is Spotify Technology's forecast for 2025? According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for Spotify Technology is $552.47, with a high forecast of $740.00 and a low forecast of $250.00. Should I buy or sell Spotify Technology stock right now? 30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spotify Technology in the last year. There are currently 9 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPOT shares. Does Spotify Technology's stock price have much upside? According to analysts, Spotify Technology's stock has a predicted upside of 0.14% based on their 12-month stock forecasts. What analysts cover Spotify Technology? Spotify Technology has been rated by research analysts at Barclays, Benchmark, Canaccord Genuity Group, Cantor Fitzgerald, China Renaissance, Citigroup, FBN Securities, Guggenheim, JPMorgan Chase & Co., KeyCorp, Macquarie, Morgan Stanley, Redburn Atlantic, Rosenblatt Securities, The Goldman Sachs Group, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days. Do Wall Street analysts like Spotify Technology more than its competitors? Analysts like Spotify Technology less than other "business services" companies. The consensus rating score for Spotify Technology is 2.70 while the average consensus rating score for "business services" companies is 2.72. Learn more on how SPOT compares to other companies. Stock Forecasts and Research Tools Related Companies TMUS Stock Forecast AMX Stock Forecast CHT Stock Forecast TEF Stock Forecast WBD Stock Forecast FOXA Stock Forecast TME Stock Forecast FOX Stock Forecast FWONK Stock Forecast VOD Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter This page (NYSE:SPOT) was last updated on 4/2/2025 by MarketBeat.com Staff From Our PartnersTrump Allies Confirm Exec Order 14024 Triggers Dollar CollapseExecutive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...Priority Gold | SponsoredDOGE Social Security bombshell?Elon Musk just dropped another bombshell... He revealed his DOGE organization has been taking aim at Social...Altimetry | SponsoredMost gold “analysts” aren’t really gold analysts… [watch out]People who don’t understand the gold market are about to lose a lot of money. Unfortunately, most so-called “g...Golden Portfolio | Sponsored“Amazon Coin” set to outperform BitcoinChris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredTrump’s Secret WeaponPlease don't wait—this is your moment to take action. Download your Wealth Protection Guide now, claim your fr...American Alternative | Sponsored10X Bigger than AI, quantum, EVs, crypto, and robotics combined?World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" Sam Altman, Bill Gates, and M...Stansberry Research | SponsoredTrump Orders 'National Digital Asset Stockpile'‘Digital Asset Reserve’ for THIS Coin??? Get all the details before this story gains even more tractionCrypto 101 Media | SponsoredNew “Trump” currency proposed in DCAfter a massive run-up – tech stocks are crashing. And as you’d suspect, the rich and powerful got out firs...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Spotify Technology S.A. Please log in to your account or sign up in order to add this asset to your watchlist. Share Spotify Technology With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.