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$572.36Today:- (-)1Y −13.39%

As of Oct 26, 2026 close

Market cap
$119.38B
P/E (TTM)
32.01
Forward P/E
16.46
Dividend yield
-
52-week range
$405.00$696.95
Volume (live)
-
Avg. volume (3M)
1.64M

Spotify Technology S.A. (SPOT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Spotify Technology S.A. stock.

Analyst Consensus Rating

Investment consensus from 27 professional research analysts

Consensus Rating

Buy
Based on 27 unique analysts
(53 total ratings in last 90 days)
Very High Confidence∞:1 Buy/Sell

Average Price Target

$625.95
+9.36% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest SPOT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Barton Crockett
Rosenblatt
HoldMaintains
$527.00 → $576.00
Doug Creutz
TD Cowen
HoldReiterates
$525.00
Maria Ripps
Canaccord Genuity
BuyMaintains
$720.00
Michael Morris
Guggenheim
BuyMaintains
$575.00 → $650.00
Doug Anmuth
JP Morgan
BuyReiterates
$650.00 → $700.00
James Callahan CFA
Piper Sandler
HoldMaintains
$540.00 → $580.00
Deepak Mathivanan
Cantor Fitzgerald
HoldReiterates
$490.00 → $550.00
Jason Helfstein
Oppenheimer
BuyMaintains
$550.00 → $650.00
Brian White
Monness
HoldMaintains
-
Sean Diffley
Morgan Stanley
BuyReiterates
$640.00 → $700.00
Batya Levi
UBS
BuyMaintains
$675.00
Jeffrey Wlodarczak
Pivotal Research
HoldReiterates
$420.00 → $460.00
Jessica Reif Ehrlich
BofA Securities
BuyReiterates
$685.00
Steven Cahall
Wells Fargo
BuyMaintains
$570.00 → $660.00
Michael Morris
Guggenheim
BuyMaintains
$575.00 → $650.00
Deepak Mathivanan
Cantor Fitzgerald
HoldReiterates
$490.00 → $550.00
Nauman Khan
InvestorPlace
BuyInitiates Coverage
-
Mark Li
Bernstein
BuyMaintains
$625.00
Eric Sheridan
Goldman Sachs
BuyReiterates
$655.00 → $645.00
Sean Diffley
Morgan Stanley
BuyReiterates
$640.00
Deepak Mathivanan
Cantor Fitzgerald
HoldMaintains
$530.00 → $490.00
James Callahan CFA
Piper Sandler
HoldInitiates
$540.00
Jason Bazinet
Citi
BuyMaintains
$620.00
Justin Patterson
KeyBanc
BuyMaintains
$660.00
Kannan Venkateshwar
Barclays
BuyMaintains
$565.00
Jessica Reif Ehrlich
BofA Securities
BuyMaintains
$685.00
Batya Levi
UBS
BuyReiterates
$690.00 → $675.00
Sean Diffley
Morgan Stanley
BuyReiterates
$640.00
Justin Patterson
KeyBanc
BuyMaintains
$680.00 → $660.00
Steven Cahall
Wells Fargo
BuyReiterates
$570.00
Mark Mahaney
Evercore ISI Group
BuyReiterates
-
Jessica Reif Ehrlich
BofA Securities
BuyMaintains
$685.00
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Charlie Rothbarth
HSBC
BuyMaintains
$675.00
Eric Sheridan
Goldman Sachs
BuyMaintains
$655.00
Andrew Rocco
Zacks Equity Research
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Joseph Bonner
Argus Research
BuyMaintains
$600.00
James Heaney CFA
Jefferies
BuyReiterates
$600.00
Helena Wang
Phillip
BuyMaintains
$650.00
Doug Anmuth
JP Morgan
BuyMaintains
$650.00
Kannan Venkateshwar
Barclays
BuyMaintains
$565.00
Deepak Mathivanan
Cantor Fitzgerald
HoldInitiates Coverage
$510.00 → $530.00
Jessica Reif Ehrlich
BofA Securities
BuyReiterates
$685.00
Barton Crockett
Rosenblatt
HoldMaintains
$531.00 → $527.00
Eric Sheridan
Goldman Sachs
BuyMaintains
$655.00
Michael Morris
Guggenheim
BuyMaintains
$565.00
Doug Creutz
TD Cowen
HoldReiterates
$525.00
Maria Ripps
Canaccord Genuity
BuyMaintains
$720.00
Mark Mahaney
Evercore ISI Group
BuyMaintains
-
Brian White
Monness
HoldMaintains
-
Batya Levi
UBS
BuyMaintains
$690.00
Jeffrey Wlodarczak
Pivotal Research
HoldReiterates
$420.00

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 23, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for SPOT?

The analyst consensus rating for SPOT is Buy, based on the latest ratings from 27 analysts over the last 90 days.

What is the average price target for SPOT?

The average 12-month price target for SPOT is $625.95, representing an upside of 9.4% from the Oct 26, 2026 close of $572.36.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.