Spotify Technology S.A. (SPOT)

LU — Communication Services Sector
Peers: DASH  T  VZ  CMCSA  NBIS  RDDT  TME  BIDU 

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Key Metrics & Ratings

  • symbol SPOT
  • Rev/Share 82.2531
  • Book/Share 37.9888
  • PB 9.3769
  • Debt/Equity 0.2887
  • CurrentRatio 1.612
  • ROIC 0.1584

 

  • MktCap 73343142509.286
  • FreeCF/Share 14.2748
  • PFCF 25.0111
  • PE 52.0831
  • Debt/Assets 0.1529
  • DivYield 0
  • ROE 0.2145

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 2
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade SPOT Citigroup Neutral Buy -- $650 Jan. 30, 2026
Initiation SPOT MoffettNathanson -- Neutral -- $487 Jan. 27, 2026
Upgrade SPOT Goldman Neutral Buy -- $700 Jan. 23, 2026
Initiation SPOT Citizens JMP -- Mkt Outperform -- $800 Dec. 17, 2025
Downgrade SPOT Erste Group Buy Hold -- -- Dec. 5, 2025
Reiterated SPOT Pivotal Research Group -- Buy $900 $875 Nov. 5, 2025
Downgrade SPOT Goldman Buy Neutral -- $770 Sept. 30, 2025
Initiation SPOT Argus -- Buy -- $845 Sept. 29, 2025
Initiation SPOT BNP Paribas Exane -- Outperform -- $900 Sept. 16, 2025
Upgrade SPOT DZ Bank Sell Hold -- $652 July 30, 2025

News

Spotify's "Monolithic" Potential Faces Earnings Questions & SPOT Options Trade
MPWR, SPOT
Published: February 09, 2026 by: Schwab Network
Sentiment: Neutral

CFRA's Ken Leon believes investors are right to tune into Spotify's (SPOT) growth potential, though he raises concerns around the streaming giant's valuations. He points to metrics where the company needs to turn up the volume to assure growth projections are justified.

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image for news Spotify's "Monolithic" Potential Faces Earnings Questions & SPOT Options Trade
Options Corner: SPOT
SPOT
Published: February 09, 2026 by: Schwab Network
Sentiment: Neutral

Streaming giant Spotify (SPOT) has earnings in the queue. Rick Ducat creates his technical analysis playlist featuring artists such as resistance & support levels to watch, moving average studies and downward trend channels.

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image for news Options Corner: SPOT
Pre-Q4 Earnings: Should Spotify Stock be in Your Portfolio?
SPOT
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Negative

SPOT heads into Q4 earnings with $2.95 EPS expected on 14% revenue growth, but a weak surprise history and rich valuation temper enthusiasm.

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image for news Pre-Q4 Earnings: Should Spotify Stock be in Your Portfolio?
Gear Up for Spotify (SPOT) Q4 Earnings: Wall Street Estimates for Key Metrics
SPOT
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Beyond analysts' top-and-bottom-line estimates for Spotify (SPOT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2025.

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image for news Gear Up for Spotify (SPOT) Q4 Earnings: Wall Street Estimates for Key Metrics
4 Internet Stocks Poised to Top Estimates This Earnings Season
AKAM, FIVN, FSLY, SPOT
Published: February 04, 2026 by: Zacks Investment Research
Sentiment: Positive

Here, we pick four Internet stocks - AKAM, FIVN, FSLY and SPOT - that are likely to pull off a beat this earnings season.

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image for news 4 Internet Stocks Poised to Top Estimates This Earnings Season
The Sound of Money: How Spotify Turned Audio Into Profit Power
SPOT
Published: February 04, 2026 by: MarketBeat
Sentiment: Positive

While major financial news focuses heavily on the expensive streaming wars being fought by video powerhouses like Disney NYSE: DIS, Netflix NASDAQ: NFLX, and Amazon NASDAQ: AMZN, a less-publicized, yet arguably more definitive, success story is drawing to a close in the entertainment sector's audio segment. The battle for video eyeballs has become a war of attrition.

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image for news The Sound of Money: How Spotify Turned Audio Into Profit Power
Spotify (SPOT) Reports Next Week: Wall Street Expects Earnings Growth
SPOT
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Spotify (SPOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Spotify (SPOT) Reports Next Week: Wall Street Expects Earnings Growth
Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know
SPOT
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Spotify (SPOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know
Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
SPOT
Published: January 23, 2026 by: Benzinga
Sentiment: Positive

Goldman Sachs turned more constructive on Spotify Technology (NYSE: SPOT), arguing that recent weakness in the stock has created an attractive entry point ahead of the company's fourth-quarter earnings.

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image for news Spotify Is On Sale: Why Goldman Sachs Says This Stock Drop Is A Gift For Investors
Spotify's new playlist generator lets you add your vibes, feelings or memories
SPOT
Published: January 22, 2026 by: CNBC
Sentiment: Positive

Spotify is rolling out 'prompted playlist' for premium users in the U.S. and Canada. The feature uses AI to create playlists from user prompts that can reflect vibes, feelings or memories.

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image for news Spotify's new playlist generator lets you add your vibes, feelings or memories
Spotify launches AI-driven 'prompted playlist' for premium users in US, Canada
SPOT
Published: January 22, 2026 by: Reuters
Sentiment: Positive

Spotify on Thursday rolled out "prompted playlist", an artificial intelligence-powered feature in the United States and Canada that allows premium users tailor playlists using their listening habits and commands.

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image for news Spotify launches AI-driven 'prompted playlist' for premium users in US, Canada
Spotify Tunes Into Demand: SPOT Bull Case as Stock Nears 52-Week Low
SPOT
Published: January 21, 2026 by: Schwab Network
Sentiment: Positive

Spotify (SPOT) is in what Landon Swan considers a "rare" position: being number one and growing. He uses @LikeFolio's data to show how the streaming giant pulled ahead of competitors like Apple (AAPL) Music.

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image for news Spotify Tunes Into Demand: SPOT Bull Case as Stock Nears 52-Week Low
Spotify price hike signals revenue and margin growth ahead, UBS analyst say
SPOT, UBS
Published: January 19, 2026 by: Proactive Investors
Sentiment: Positive

UBS analysts say Spotify Technology SA (NYSE:SPOT)'s latest price increase is a sign the company is on track for stronger revenue growth and margin expansion in 2026, and that the move could lift near-term earnings expectations. Spotify announced last week it is raising the cost of its Premium plan from $11.99 to $12.99 per month in the US, Estonia and Latvia.

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image for news Spotify price hike signals revenue and margin growth ahead, UBS analyst say
Spotify just announced another price hike. Here's what's really driving it
SPOT
Published: January 16, 2026 by: Fast Company
Sentiment: Negative

Everything from coffee to a used car is more expensive these days, and now your music streaming service is too. Spotify announced this week that it will raise prices for U.S. subscribers—again.

Read More
image for news Spotify just announced another price hike. Here's what's really driving it
Spotify hiking subscription prices again — here's how much
SPOT
Published: January 15, 2026 by: New York Post
Sentiment: Neutral

The company said the price change is a part of its ongoing efforts to "keep delivering a great experience."

Read More
image for news Spotify hiking subscription prices again — here's how much
Spotify Raising U.S. Price Of Premium Subscription
SPOT
Published: January 15, 2026 by: Deadline
Sentiment: Positive

Spotify next month will raise the price of its Premium subscription plan from $11.99 to $12.99 a month. The new rate will be effective in the U.S., Estonia and Latvia.

Read More
image for news Spotify Raising U.S. Price Of Premium Subscription
Spotify Raises Price of Premium Subscription in US
SPOT
Published: January 15, 2026 by: PYMNTS
Sentiment: Neutral

Spotify is increasing the price of its Premium subscription service by $1 a month in the United States. The monthly price of an individual Premium subscription will increase from $11.99 to $12.99, effective in February, the company said in a Thursday (Jan. 15) press release.

Read More
image for news Spotify Raises Price of Premium Subscription in US
Spotify raises its subscription prices in the U.S. again
SPOT
Published: January 15, 2026 by: TechCrunch
Sentiment: Neutral

Spotify raised prices for its subscription plan in the U.S. for the third time in three years, as it hiked the monthly plan from $11.99 per month to $12.99 per month.

Read More
image for news Spotify raises its subscription prices in the U.S. again
Spotify hikes U.S. Premium subscription price months after last rate increase
SPOT
Published: January 15, 2026 by: CNBC
Sentiment: Positive

Spotify is raising the Premium subscription price by $1 per month in the U.S., Estonia and Latvia. The monthly price will go from $11.99 to $12.99 starting in February.

Read More
image for news Spotify hikes U.S. Premium subscription price months after last rate increase
Here is What to Know Beyond Why Spotify Technology (SPOT) is a Trending Stock
SPOT
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Spotify (SPOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news Here is What to Know Beyond Why Spotify Technology (SPOT) is a Trending Stock
Spotify makes it easier for creators to earn, reveals $10 billion podcast spend
SPOT
Published: January 07, 2026 by: Reuters
Sentiment: Positive

Spotify is expanding its monetization program for creators and introducing new tools for video podcasters, as it aims to better compete with YouTube and Netflix in the booming market.

Read More
image for news Spotify makes it easier for creators to earn, reveals $10 billion podcast spend
Could Spotify Be a Multimillionaire-Maker Stock?
SPOT
Published: January 01, 2026 by: The Motley Fool
Sentiment: Positive

Spotify leads its niche, despite having to compete with some tech giants. The company boasts plenty of growth avenues and a strong competitive edge.

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image for news Could Spotify Be a Multimillionaire-Maker Stock?
How Much Upside is Left in Spotify (SPOT)? Wall Street Analysts Think 32.12%
SPOT
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 32.1% upside potential for Spotify (SPOT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news How Much Upside is Left in Spotify (SPOT)? Wall Street Analysts Think 32.12%
Brokers Suggest Investing in Spotify (SPOT): Read This Before Placing a Bet
SPOT
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Negative

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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image for news Brokers Suggest Investing in Spotify (SPOT): Read This Before Placing a Bet
Sirius XM Generates Shrinking Revenue as Spotify Hits Profitability Inflection
SIRI, SPOT
Published: December 21, 2025 by: 24/7 Wall Street
Sentiment: Positive

Sirius XM (NASDAQ: SIRI) and Spotify (NYSE: SPOT) reported Q3 2025 earnings within days of each other, highlighting two audio entertainment businesses moving in opposite directions.

Read More
image for news Sirius XM Generates Shrinking Revenue as Spotify Hits Profitability Inflection
These Experts Have 6 Top Internet Stock Picks Lined Up for Next Year
APP, RDDT, ROKU, SPOT, UBER, Z
Published: December 15, 2025 by: Investopedia
Sentiment: Neutral

Jefferies has some ideas about where tech investors should look after a tough stretch for the sector.

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image for news These Experts Have 6 Top Internet Stock Picks Lined Up for Next Year
Spotify down for thousands of US users, Downdetector shows
SPOT
Published: December 15, 2025 by: Reuters
Sentiment: Negative

Spotify was down for thousands of users in the U.S. on Monday, according to Downdetector.com.

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image for news Spotify down for thousands of US users, Downdetector shows
Calls of the Day: Leidos, Boeing, Lockheed Martin, QXO, On Holding, Spotify and Chevron
BA, CVX, LDOS, LMT, QXO, SPOT
Published: December 12, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee debate the latest Calls of the Day.

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image for news Calls of the Day: Leidos, Boeing, Lockheed Martin, QXO, On Holding, Spotify and Chevron
All You Need to Know About Spotify (SPOT) Rating Upgrade to Buy
SPOT
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Spotify (SPOT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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image for news All You Need to Know About Spotify (SPOT) Rating Upgrade to Buy
Final Trades: Sabra Health Care, Apollo GLobal, Spotify and the IWD
APO, SPOT
Published: December 10, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half.

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image for news Final Trades: Sabra Health Care, Apollo GLobal, Spotify and the IWD

About Spotify Technology S.A. (SPOT)

  • IPO Date 2018-04-03
  • Website https://www.spotify.com
  • Industry Internet Content & Information
  • CEO Alex Norström
  • Employees 7258

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. 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 on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.