NYSE:SPOT - Spotify Technology Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $308.64
Forecasted Upside: 24.90 %
Number of Analysts: 28
Breakdown:
4 Sell Ratings
11 Hold Ratings
13 Buy Ratings
0 Strong Buy Ratings

^$247.11 As of 06/17/2021 05:44 PM ET

▲ +4.33 (1.78%)

1 month | 3 months | 12 months

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Analyst Price Target for SPOT

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$308.64

▲ +24.90% Upside Potential

This price target is based on 28 analysts offering 12 month price targets for Spotify Technology in the last 3 months. The average price target is $308.64, with a high forecast of $425.00 and a low forecast of $172.00. The average price target represents a 24.90% upside from the last price of $247.11.

Hold

The current consensus among 28 contributing investment analysts is to hold stock in Spotify Technology. This rating has held steady since October 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
11 buy ratings
6 hold ratings
2 sell ratings

Ratings as of

12/24/2019

0 strong buy ratings
13 buy ratings
4 hold ratings
4 sell ratings

Ratings as of

3/23/2020

0 strong buy ratings
13 buy ratings
7 hold ratings
4 sell ratings

Ratings as of

6/21/2020

0 strong buy ratings
14 buy ratings
10 hold ratings
4 sell ratings

Ratings as of

9/19/2020

0 strong buy ratings
15 buy ratings
10 hold ratings
4 sell ratings

Ratings as of

12/18/2020

0 strong buy ratings
13 buy ratings
13 hold ratings
4 sell ratings

Ratings as of

3/18/2021

0 strong buy ratings
13 buy ratings
12 hold ratings
4 sell ratings

Ratings as of

5/17/2021

0 strong buy ratings
13 buy ratings
11 hold ratings
4 sell ratings

Ratings as of

6/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
6/8/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Lower Price Target	Neutral	$310.00 ➝ $275.00	Low	i
6/8/2021	Citigroup	Lower Price Target	Neutral	$310.00 ➝ $275.00	Low	i
4/29/2021	Pivotal Research	Upgrade	Hold ➝ Buy	$340.00	Low	i
4/28/2021	Jefferies Financial Group	Initiated Coverage	Buy	$360.00	N/A	i
4/22/2021	Jefferies Financial Group	Initiated Coverage	Buy	$360.00	High	i
4/6/2021	Evercore ISI	Reiterated Rating	Outperform	$360.00	Medium	i
4/5/2021	Citigroup	Upgrade	Sell ➝ Neutral		Low	i
4/5/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Upgrade	Sell ➝ Neutral	$310.00	Low	i
3/31/2021	Wolfe Research	Initiated Coverage	Peer Perform	$260.00	Medium	i
2/23/2021	Canaccord Genuity	Boost Price Target	Buy	$375.00 ➝ $400.00	High	i
2/23/2021	Rosenblatt Securities	Boost Price Target	Buy	$390.00 ➝ $425.00	High	i
2/23/2021	JPMorgan Chase & Co.	Boost Price Target	Overweight	$350.00 ➝ $385.00	High	i
2/23/2021	Atlantic Securities	Downgrade	Overweight ➝ Neutral		High	i
2/10/2021	Pivotal Research	Boost Price Target	Hold	$260.00 ➝ $340.00	Low	i
2/4/2021	Barclays	Boost Price Target		$310.00 ➝ $340.00	Low	i
2/4/2021	Loop Capital	Boost Price Target	Hold	$200.00 ➝ $310.00	Medium	i
2/4/2021	UBS Group	Lower Price Target	Sell	$255.00 ➝ $235.00	Medium	i
1/27/2021	Nordea Equity Research	Downgrade	Buy ➝ Hold		Low	i
1/21/2021	Rosenblatt Securities	Boost Price Target	Buy	$325.00 ➝ $390.00	High	i Rating by Mark Zgutowicz at Rosenblatt Securities
1/15/2021	Smith Barney Citigroup	Downgrade	Neutral ➝ Sell		Low	i
1/15/2021	Citigroup	Reiterated Rating	Neutral ➝ Sell	$270.00 ➝ $310.00	Medium	i
1/15/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Downgrade	Neutral ➝ Sell	$270.00 ➝ $310.00	High	i
12/30/2020	Monness Crespi & Hardt	Boost Price Target	Buy	$310.00 ➝ $380.00	N/A	i
12/17/2020	Morgan Stanley	Boost Price Target	Overweight	$300.00 ➝ $350.00	Low	i Rating by Benjamin Swinburne at Morgan Stanley
12/16/2020	JPMorgan Chase & Co.	Boost Price Target	Overweight	$300.00 ➝ $350.00	Low	i
12/15/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$315.00	Low	i
11/4/2020	Cfra	Upgrade	Hold ➝ Buy	$282.00	Medium	i
11/2/2020	Wells Fargo & Company	Lower Price Target	Underweight	$215.00 ➝ $200.00	High	i
10/27/2020	Morgan Stanley	Boost Price Target	Overweight	$275.00 ➝ $300.00	Low	i Rating by Benjamin Swinburne at Morgan Stanley
10/27/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$240.00 ➝ $250.00	Low	i
10/14/2020	Barclays	Boost Price Target	Overweight	$310.00 ➝ $320.00	High	i
9/28/2020	Guggenheim	Upgrade	Sell ➝ Neutral	$250.00	Medium	i Rating by Michael Morris at Guggenheim
9/14/2020	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low	i
9/9/2020	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$215.00 ➝ $315.00	Low	i
9/9/2020	Raymond James	Initiated Coverage	Market Perform		Low	i
7/30/2020	Loop Capital	Boost Price Target	Positive ➝ Hold	$150.00 ➝ $200.00	Medium	i
7/30/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$144.00 ➝ $240.00	Low	i
7/29/2020	Pivotal Research	Reiterated Rating	Hold	$200.00	Low	i Rating by Jeffrey Wlodarczak at Pivotal Research
7/29/2020	Rosenblatt Securities	Boost Price Target	Buy	$275.00 ➝ $325.00	Low	i Rating by Mark Zgutowicz at Rosenblatt Securities
7/29/2020	Oppenheimer	Reiterated Rating	Hold		Low	i
7/28/2020	Morgan Stanley	Reiterated Rating	Buy	$275.00	Low	i Rating by Benjamin Swinburne at Morgan Stanley
7/27/2020	Stifel Nicolaus	Boost Price Target		$185.00 ➝ $305.00	Low	i Rating by John Egbert at Stifel Nicolaus
7/16/2020	Credit Suisse Group	Boost Price Target	In-Line ➝ Neutral	$130.00 ➝ $215.00	High	i
7/15/2020	SunTrust Banks	Boost Price Target	Positive ➝ Buy	$167.00 ➝ $290.00	Medium	i
7/14/2020	Sanford C. Bernstein	Downgrade	Sell		Low	i Rating by Todd Juenger at Sanford C. Bernstein
7/14/2020	Bank of America	Boost Price Target		$185.00 ➝ $357.00	High	i
7/14/2020	UBS Group	Downgrade	Buy ➝ Sell	$189.00 ➝ $204.00	High	i
7/10/2020	Royal Bank of Canada	Reiterated Rating	Buy	$320.00	High	i Rating by Mark Mahaney at Royal Bank of Canada
7/6/2020	JPMorgan Chase & Co.	Boost Price Target		$185.00 ➝ $305.00	Medium	i
7/6/2020	Sanford C. Bernstein	Downgrade	Market Perform ➝ Underperform	$134.00 ➝ $172.00	High	i
7/1/2020	Wells Fargo & Company	Boost Price Target	Underweight	$130.00 ➝ $175.00	Low	i
6/29/2020	Citigroup	Initiated Coverage	Neutral	$270.00	Low	i Rating by Jason Bazinet at Citigroup Inc.
6/29/2020	Morgan Stanley	Boost Price Target	Overweight	$190.00 ➝ $275.00	Medium	i
6/29/2020	Guggenheim	Downgrade	Neutral ➝ Sell	$170.00 ➝ $223.00	Medium	i
6/25/2020	The Goldman Sachs Group	Boost Price Target	Buy	$205.00 ➝ $280.00	High	i
6/19/2020	Monness Crespi & Hardt	Boost Price Target	Buy	$200.00 ➝ $275.00	High	i
6/19/2020	Rosenblatt Securities	Boost Price Target	Buy	$190.00 ➝ $275.00	High	i Rating by Mark Zgutowicz at Rosenblatt Securities
5/28/2020	Redburn Partners	Downgrade	Buy ➝ Neutral	$180.00	Medium	i
5/19/2020	Rosenblatt Securities	Reiterated Rating	Buy		High	i Rating by Mark Zgutowicz at Rosenblatt Securities
4/30/2020	Nomura	Reiterated Rating	Buy	$180.00	Medium	i Rating by Mark Kelley at Nomura
4/30/2020	CSFB	Boost Price Target	Neutral	$125.00 ➝ $130.00	High	i
4/30/2020	Guggenheim	Boost Price Target	Neutral	$135.00 ➝ $170.00	High	i
4/30/2020	Credit Suisse Group	Boost Price Target	Neutral	$125.00 ➝ $130.00	Medium	i
4/30/2020	UBS Group	Boost Price Target	Buy	$172.00 ➝ $189.00	Low	i
4/30/2020	JPMorgan Chase & Co.	Boost Price Target	Overweight	$155.00 ➝ $185.00	Medium	i
4/30/2020	Morgan Stanley	Boost Price Target	Overweight	$180.00 ➝ $190.00	Low	i
4/30/2020	Canaccord Genuity	Reiterated Rating	Buy	$175.00 ➝ $185.00	Medium	i Rating by Maria Ripps at Canaccord Genuity
4/30/2020	Rosenblatt Securities	Boost Price Target	Buy	$184.00 ➝ $190.00	Medium	i Rating by Mark Zgutowicz at Rosenblatt Securities
4/29/2020	Pivotal Research	Reiterated Rating	Hold	$140.00	High	i
4/28/2020	Stifel Nicolaus	Reiterated Rating	Buy	$175.00	High	i Rating by John Egbert at Stifel Nicolaus
4/24/2020	SunTrust Banks	Lower Price Target	Buy	$172.00 ➝ $167.00	Low	i
4/17/2020	Barclays	Reiterated Rating	Buy	$160.00	Low	i
4/6/2020	Raymond James	Downgrade	Strong-Buy ➝ Market Perform		Medium	i
3/24/2020	Sanford C. Bernstein	Upgrade	Underperform ➝ Market Perform	$124.00	High	i
3/18/2020	JPMorgan Chase & Co.	Lower Price Target	Overweight	$170.00 ➝ $155.00	High	i
2/9/2020	Royal Bank of Canada	Reiterated Rating	Buy		Medium	i
2/6/2020	Canaccord Genuity	Reiterated Rating	Buy	$185.00	Medium	i Rating by Maria Ripps at Canaccord Genuity
2/6/2020	Pivotal Research	Lower Price Target	Hold	$150.00 ➝ $140.00	Medium	i
2/6/2020	Barclays	Lower Price Target	Overweight	$190.00 ➝ $180.00	Medium	i
2/6/2020	JPMorgan Chase & Co.	Lower Price Target	Overweight	$185.00 ➝ $170.00	High	i
2/6/2020	Wells Fargo & Company	Boost Price Target	Underweight	$122.00 ➝ $126.00	High	i Rating by Steven Cahall at Wells Fargo & Company
2/5/2020	Rosenblatt Securities	Reiterated Rating	Buy	$184.00	High	i Rating by Mark Zgutowicz at Rosenblatt Securities
2/5/2020	Evercore ISI	Lower Price Target	Underperform	$115.00 ➝ $110.00	Low	i
2/4/2020	Stifel Nicolaus	Reiterated Rating	Buy	$175.00	Medium	i
2/3/2020	Royal Bank of Canada	Reiterated Rating	Buy	$195.00	High	i
1/17/2020	UBS Group	Lower Price Target	Buy	$185.00 ➝ $180.00	Medium	i
1/13/2020	Evercore ISI	Downgrade	In-Line ➝ Underperform	$115.00	High	i
1/9/2020	Bernstein Bank	Initiated Coverage	Underperform	$127.00	Low	i
1/8/2020	Sanford C. Bernstein	Initiated Coverage	Underperform	$127.00	Low	i
1/8/2020	Morgan Stanley	Reiterated Rating	Buy	$180.00	High	i
1/6/2020	Nomura Securities	Reiterated Rating	Buy	$180.00	Medium	i
10/29/2019	Canaccord Genuity	Boost Price Target	Buy	$170.00 ➝ $175.00	Low	i
10/28/2019	Stifel Nicolaus	Reiterated Rating	Buy	$175.00	Medium	i
10/28/2019	UBS Group	Reiterated Rating	Buy	$182.00 ➝ $185.00	Medium	i
10/28/2019	Royal Bank of Canada	Boost Price Target	Outperform	$185.00 ➝ $195.00	High	i
10/1/2019	Credit Suisse Group	Upgrade	Underperform ➝ Neutral	$120.00	Low	i
9/29/2019	Rosenblatt Securities	Set Price Target	Buy	$184.00	Low	i Rating by Mark Zgutowicz at Rosenblatt Securities
9/24/2019	Wells Fargo & Company	Initiated Coverage	Underperform	$115.00	Medium	i
9/23/2019	Wells Fargo & Company	Initiated Coverage	Underperform	$115.00	High	i
8/22/2019	Stifel Nicolaus	Reiterated Rating	Buy	$175.00	High	i
8/20/2019	Consumer Edge	Initiated Coverage	Equal Weight		Medium	i
8/5/2019	SunTrust Banks	Boost Price Target	Buy	$172.00	Medium	i
8/1/2019	Morgan Stanley	Boost Price Target	Overweight	$170.00 ➝ $180.00	Low	i
8/1/2019	Stifel Nicolaus	Boost Price Target	Buy	$170.00 ➝ $175.00	Low	i
8/1/2019	Loop Capital	Upgrade	Sell ➝ Hold		Low	i
8/1/2019	Morgan Stanley	Reiterated Rating	Overweight	$170.00 ➝ $180.00	Low	i
7/31/2019	Pivotal Research	Lower Price Target	Buy ➝ Hold	$155.00 ➝ $150.00	Medium	i
7/31/2019	UBS Group	Downgrade	Buy ➝ Hold	$155.00 ➝ $150.00	Medium	i
7/31/2019	Royal Bank of Canada	Reiterated Rating	Buy	$185.00	Medium	i
7/31/2019	Pivotal Research	Reiterated Rating	Buy ➝ Hold	$155.00 ➝ $150.00	High	i
7/25/2019	Raymond James	Boost Price Target	Strong-Buy	$172.00 ➝ $180.00	Low	i
6/24/2019	Evercore ISI	Downgrade	In-Line ➝ Underperform		High	i
4/30/2019	UBS Group	Boost Price Target	Buy ➝ Buy	$180.00 ➝ $182.00	Low	i
4/30/2019	Nomura Securities	Boost Price Target	Buy ➝ Buy	$188.00 ➝ $190.00	Low	i
4/30/2019	The Goldman Sachs Group	Reiterated Rating	Buy	$170.00	Low	i
4/30/2019	Rosenblatt Securities	Reiterated Rating	Buy		Low	i
4/29/2019	Pivotal Research	Reiterated Rating	Buy	$165.00	Low	i
4/26/2019	Stifel Nicolaus	Reiterated Rating	Buy	$170.00	Low	i
4/26/2019	Raymond James	Lower Price Target	Strong-Buy ➝ Strong-Buy	$182.00 ➝ $172.00	Medium	i
4/22/2019	Buckingham Research	Lower Price Target	Buy ➝ Buy	$174.00 ➝ $165.00	Low	i
4/16/2019	UBS Group	Lower Price Target	Buy ➝ Buy	$182.00 ➝ $180.00	Medium	i
3/29/2019	Credit Suisse Group	Initiated Coverage	Underperform ➝ Underperform	$120.00	Medium	i
2/10/2019	Rosenblatt Securities	Reiterated Rating	Buy	$171.00 ➝ $169.00	Low	i
2/7/2019	Loop Capital	Lower Price Target	Sell	$120.00	Low	i
2/7/2019	Royal Bank of Canada	Reiterated Rating	Outperform		Low	i
1/16/2019	Wells Fargo & Company	Lower Price Target	Market Perform	$150.00 ➝ $140.00	Low	i
1/11/2019	Morgan Stanley	Reiterated Rating	Overweight ➝ Overweight	$200.00 ➝ $170.00	Low	i
1/7/2019	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold ➝ Hold	$152.00 ➝ $135.00	Medium	i
1/7/2019	Guggenheim	Downgrade	Buy ➝ Neutral	$190.00 ➝ $120.00	High	i
12/21/2018	B. Riley	Reiterated Rating	Neutral ➝ Neutral	$200.00 ➝ $132.00	Low	i
11/5/2018	Wells Fargo & Company	Lower Price Target	Market Perform ➝ Market Perform	$180.00 ➝ $150.00	Low	i
11/2/2018	JPMorgan Chase & Co.	Lower Price Target	Overweight ➝ Overweight	$225.00 ➝ $200.00	Low	i
11/2/2018	Canaccord Genuity	Lower Price Target	Buy	$220.00 ➝ $200.00	Low	i
11/2/2018	Nomura Securities	Lower Price Target	Buy ➝ Buy	$210.00 ➝ $190.00	Low	i
11/2/2018	Loop Capital	Reiterated Rating	Sell	$135.00	Low	i
11/2/2018	Barclays	Lower Price Target	Overweight ➝ Overweight	$210.00 ➝ $200.00	Low	i
11/1/2018	Evercore ISI	Downgrade	Outperform	$210.00 ➝ $155.00	Medium	i
10/30/2018	The Goldman Sachs Group	Lower Price Target	Buy	$230.00 ➝ $200.00	High	i
10/30/2018	Rosenblatt Securities	Initiated Coverage	Buy ➝ Buy	$181.00	High	i
10/15/2018	Redburn Partners	Upgrade	Buy		Low	i
10/15/2018	UBS Group	Upgrade	Neutral ➝ Buy		Low	i
10/12/2018	Pivotal Research	Upgrade	Hold ➝ Buy	$200.00 ➝ $190.00	Medium	i
9/26/2018	Guggenheim	Boost Price Target	Buy	$175.00 ➝ $210.00	Low	i
9/19/2018	Cfra	Reiterated Rating	Buy	$245.00	Low	i
8/27/2018	Monness Crespi & Hardt	Initiated Coverage	Buy ➝ Buy	$265.00	Low	i
8/22/2018	MKM Partners	Boost Price Target	Buy	$200.00 ➝ $245.00	Low	i
7/30/2018	Bank of America	Boost Price Target	Buy	$230.00	High	i
7/27/2018	B. Riley	Boost Price Target	Neutral ➝ Neutral	$156.00 ➝ $200.00	High	i Rating by B. Crockett at B. Riley
7/27/2018	Wells Fargo & Company	Boost Price Target	Market Perform	$180.00	High	i
7/27/2018	Loop Capital	Boost Price Target	Sell	$150.00	High	i
7/27/2018	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$190.00 ➝ $225.00	High	i
7/27/2018	Canaccord Genuity	Boost Price Target	Buy	$200.00 ➝ $220.00	Medium	i
7/27/2018	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$200.00 ➝ $225.00	High	i
7/27/2018	JPMorgan Chase & Co.	Boost Price Target	Overweight ➝ Overweight	$190.00 ➝ $225.00	High	i
7/26/2018	Raymond James	Boost Price Target	Strong-Buy	$220.00 ➝ $210.00	High	i
7/25/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$170.00	Medium	i
7/25/2018	Pivotal Research	Downgrade	Buy ➝ Hold	$200.00	Medium	i
7/23/2018	BTIG Research	Initiated Coverage	Buy	$230.00	High	i
7/20/2018	Buckingham Research	Boost Price Target	Buy ➝ Buy	$195.00 ➝ $201.00	Low	i
7/10/2018	Nomura Securities	Initiated Coverage	Buy	$210.00	Medium	i
7/10/2018	Oppenheimer	Initiated Coverage	Market Perform		High	i
6/27/2018	Nordea Equity Research	Initiated Coverage	Buy		Medium	i
6/26/2018	Barclays	Initiated Coverage	Overweight	$210.00	Low	i
6/21/2018	Macquarie	Initiated Coverage	Outperform	$225.00	Low	i
6/14/2018	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$155.00	High	i
6/7/2018	Buckingham Research	Upgrade	Neutral ➝ Buy	$175.00 ➝ $195.00	Medium	i
5/29/2018	Pivotal Research	Initiated Coverage	Buy	$200.00	Low	i
5/17/2018	Raymond James	Initiated Coverage	Strong-Buy	$190.00	High	i
5/16/2018	Wells Fargo & Company	Initiated Coverage	Market Perform	$150.00	Low	i
5/15/2018	Loop Capital	Initiated Coverage	Sell	$120.00	Low	i
5/14/2018	Cascend Securities	Initiated Coverage	Buy	$185.00	Medium	i
5/3/2018	Royal Bank of Canada	Lower Price Target	In-Line ➝ Average	$210.00	High	i
5/2/2018	SunTrust Banks	Initiated Coverage	Buy ➝ Buy	$200.00	High	i
4/30/2018	Buckingham Research	Initiated Coverage	Neutral ➝ Neutral	$175.00	Medium	i
4/30/2018	Bank of America	Initiated Coverage	Buy ➝ Buy	$195.00	High	i
4/30/2018	Morgan Stanley	Initiated Coverage	Overweight ➝ Overweight	$190.00	High	i
4/30/2018	Evercore ISI	Initiated Coverage	Outperform ➝ Outperform	$190.00	High	i
4/30/2018	UBS Group	Initiated Coverage	Buy		High	i
4/30/2018	JPMorgan Chase & Co.	Initiated Coverage	Overweight ➝ Overweight	$190.00	High	i
4/30/2018	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Buy	$190.00	High	i
4/25/2018	B. Riley	Initiated Coverage	Neutral ➝ Neutral	$156.00	Low	i Rating by B. Crockett at B. Riley
4/5/2018	Canaccord Genuity	Initiated Coverage	Buy	$200.00	Medium	i
4/5/2018	Stifel Nicolaus	Initiated Coverage	Buy	$180.00	Medium	i
4/3/2018	Gabelli	Initiated Coverage	Hold ➝ Hold	$130.00	Low	i
4/3/2018	Guggenheim	Initiated Coverage	Buy ➝ Buy	$175.00	Low	i
3/29/2018	MKM Partners	Initiated Coverage	Buy ➝ Buy	$200.00	N/A	i
3/29/2018	Royal Bank of Canada	Initiated Coverage	Outperform ➝ Outperform	$220.00	N/A	i
3/28/2018	Atlantic Securities	Initiated Coverage	Overweight		N/A	i

(Data available from 6/17/2016 forward)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers with no subscription fees. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2020, its platform included 345 million monthly active users and 155 million premium subscribers in 93 countries and territories. The company was founded in 2006 and is based in Luxembourg, Luxembourg.

Today's Range

Now: $247.11

$238.50

$249.10

50 Day Range

MA: $250.32

$217.07

$299.74

52 Week Range

Now: $247.11

$206.54

$387.44

Volume

1,236,675 shs

Average Volume

1,591,457 shs

Market Capitalization

$44.29 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.52

Frequently Asked Questions

What sell-side analysts currently cover shares of Spotify Technology?

The following Wall Street sell-side analysts have issued reports on Spotify Technology in the last twelve months: Atlantic Securities, Bank of America Co., Barclays PLC, Canaccord Genuity, Cfra, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Loop Capital, Monness Crespi & Hardt, Morgan Stanley, Nordea Equity Research, Oppenheimer Holdings Inc., Pivotal Research, Raymond James, Rosenblatt Securities, Royal Bank of Canada, Sanford C. Bernstein, Smith Barney Citigroup, Stifel Nicolaus, SunTrust Banks, Inc., The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for SPOT.

What is the current price target for Spotify Technology?

25 Wall Street analysts have set twelve-month price targets for Spotify Technology in the last year. Their average twelve-month price target is $308.64, suggesting a possible upside of 27.4%. Rosenblatt Securities has the highest price target set, predicting SPOT will reach $425.00 in the next twelve months. Sanford C. Bernstein has the lowest price target set, forecasting a price of $172.00 for Spotify Technology in the next year.
View the latest price targets for SPOT.

What is the current consensus analyst rating for Spotify Technology?

Spotify Technology currently has 4 sell ratings, 11 hold ratings and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SPOT, but not buy more shares or sell existing shares.
View the latest ratings for SPOT.

What other companies compete with Spotify Technology?

Other companies that are similar to Spotify Technology include Sirius XM, Tencent Music Entertainment Group, Corus Entertainment, Urban One, Audacy, Urban One, Townsquare Media, Cumulus Media, Saga Communications, iHeartMedia, Beasley Broadcast Group, Salem Media Group, Spanish Broadcasting System, CÜR Media and Interep National Radio Sales.

How do I contact Spotify Technology's investor relations team?

Spotify Technology's physical mailing address is 42-44 AVENUE DE LA GARE, LUXEMBOURG N4, L-1610. The company's listed phone number is 46-7-022-046-07 and its investor relations email address is [email protected] The official website for Spotify Technology is www.spotify.com.