Research Analysts’ Weekly Ratings Updates for Spotify Technology (SPOT)

Several analysts have recently updated their ratings and price targets for Spotify Technology (NYSE: SPOT):

• 4/2/2025 – Spotify Technology had its price target lowered by analysts at UBS Group AG from $720.00 to $690.00. They now have a “buy” rating on the stock.
• 3/28/2025 – Spotify Technology is now covered by analysts at FBN Securities. They set a “sector perform” rating and a $645.00 price target on the stock.
• 3/28/2025 – Spotify Technology had its price target raised by analysts at Wells Fargo & Company from $690.00 to $740.00. They now have an “overweight” rating on the stock.
• 3/26/2025 – Spotify Technology is now covered by analysts at China Renaissance. They set a “buy” rating and a $740.00 price target on the stock.
• 3/11/2025 – Spotify Technology is now covered by analysts at Redburn Atlantic. They set a “neutral” rating and a $545.00 price target on the stock.
• 2/24/2025 – Spotify Technology had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $675.00 price target on the stock.
• 2/14/2025 – Spotify Technology had its price target raised by analysts at Citigroup Inc. from $540.00 to $720.00. They now have a “neutral” rating on the stock.
• 2/6/2025 – Spotify Technology had its price target raised by analysts at The Goldman Sachs Group, Inc. from $550.00 to $695.00. They now have a “buy” rating on the stock.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at JPMorgan Chase & Co. from $555.00 to $730.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at Wells Fargo & Company from $520.00 to $690.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at Barclays PLC from $475.00 to $710.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at Morgan Stanley from $550.00 to $670.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Spotify Technology had its “neutral” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $658.00 price target on the stock, up previously from $473.00.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at Benchmark Co. from $600.00 to $720.00. They now have a “buy” rating on the stock.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at Canaccord Genuity Group Inc. from $650.00 to $700.00. They now have a “buy” rating on the stock.
• 2/5/2025 – Spotify Technology had its price target raised by analysts at Guggenheim from $520.00 to $675.00. They now have a “buy” rating on the stock.

Spotify Technology Price Performance

Shares of NYSE:SPOT opened at $565.17 on Thursday. Spotify Technology S.A. has a 1 year low of $267.76 and a 1 year high of $652.63. The stock has a market capitalization of $115.69 billion, a price-to-earnings ratio of 94.99 and a beta of 1.66. The company’s 50 day simple moving average is $582.30 and its 200 day simple moving average is $482.76.

Hedge Funds Weigh In On Spotify Technology

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jennison Associates LLC acquired a new stake in Spotify Technology in the fourth quarter valued at about $1,335,575,000. FMR LLC boosted its stake in shares of Spotify Technology by 30.2% in the 4th quarter. FMR LLC now owns 2,041,387 shares of the company’s stock valued at $913,276,000 after purchasing an additional 473,569 shares in the last quarter. State Street Corp grew its holdings in shares of Spotify Technology by 1.5% during the 3rd quarter. State Street Corp now owns 1,997,323 shares of the company’s stock valued at $736,073,000 after purchasing an additional 28,864 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of Spotify Technology by 0.4% during the 4th quarter. Schroder Investment Management Group now owns 1,912,937 shares of the company’s stock valued at $855,810,000 after purchasing an additional 7,075 shares during the last quarter. Finally, GQG Partners LLC bought a new position in Spotify Technology in the 4th quarter valued at approximately $800,725,000. Institutional investors own 84.09% of the company’s stock.

Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through 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.