What is the analyst consensus rating for SPOT?

The analyst consensus rating for SPOT is "Buy" based on 33 analyst recommendations.

What is the average price target for SPOT?

The average 12-month price target for SPOT is $599.56, representing an upside of 27.8% from the current price of $468.99.

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.

Spotify Technology S.A. (SPOT) Forecast: Analyst Ratings & Targets

Latest SPOT Analyst Ratings & Recommendations

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

Date	Analyst	Firm	Action	Rating	Price Target
Jul 10, 2026	Batya Levi	UBS	Maintains	Buy	$735.00 → $690.00 -45.00 (-6.1%)
Jul 9, 2026	James Heaney CFA	Jefferies	Reiterates	Buy	$600.00
Jul 9, 2026	Steven Cahall	Wells Fargo	Reiterates	Buy	$600.00 → $570.00 -30.00 (-5.0%)
Jul 9, 2026	Barton Crockett	Rosenblatt	Maintains	Hold	$534.00 → $531.00 -3.00 (-0.6%)
Jul 3, 2026	Ian S. Moore	Bernstein	Maintains	Buy	$625.00
Jul 2, 2026	Google Internet Content and Information	TipRanks - Google	Reiterates	Buy	$527.00 → $523.00 -4.00 (-0.8%)
Jul 2, 2026	Anthropic Internet Content and Information	TipRanks - Anthropic	Reiterates	Hold	$502.00 → $498.00 -4.00 (-0.8%)
Jun 30, 2026	Jessica Reif Ehrlich	BofA Securities	Reiterates	Buy	$685.00
Jun 15, 2026	Sean Diffley	Morgan Stanley	Maintains	Buy	$482.00 → $610.00 +128.00 (26.6%)
Jun 12, 2026	Kannan Venkateshwar	Barclays	Maintains	Buy	$565.00
Jun 12, 2026	Jason Bazinet	Citi	Maintains	Buy	$620.00
Jun 11, 2026	Justin Patterson	KeyBanc	Maintains	Buy	$680.00
Jun 10, 2026	Ian S. Moore	Bernstein	Maintains	Buy	$625.00
May 26, 2026	Deepak Mathivanan	Cantor Fitzgerald	Reiterates	Hold	$430.00 → $520.00 +90.00 (20.9%)
May 22, 2026	Google Internet Content and Information	TipRanks - Google	Reiterates	Buy	$492.00 → $559.00 +67.00 (13.6%)
May 22, 2026	PerPlexity Internet Content and Information	TipRanks - PerPlexity	Reiterates	Buy	$506.00 → $578.00 +72.00 (14.2%)
May 22, 2026	Anthropic Internet Content and Information	TipRanks - Anthropic	Reiterates	Hold	$470.00 → $532.00 +62.00 (13.2%)
May 22, 2026	DeepSeek Internet Content and Information	TipRanks - DeepSeek	Downgrades	Buy	$486.00 → $556.00 +70.00 (14.4%)
May 22, 2026	xAi Internet Content and Information	TipRanks - xAI	Downgrades	Buy	$477.00 → $539.00 +62.00 (13.0%)
May 22, 2026	Matthew Condon	Citizens JMP	Maintains	Buy	$600.00 → $625.00 +25.00 (4.2%)
May 22, 2026	Maria Ripps	Canaccord Genuity	Maintains	Buy	$720.00
May 22, 2026	OpenAI Internet Content and Information	TipRanks - OpenAI	Downgrades	Buy	$486.00 → $551.00 +65.00 (13.4%)
May 22, 2026	Michael Morris	Guggenheim	Maintains	Buy	$565.00
May 22, 2026	Benjamin Black CFA	Deutsche Bank	Reiterates	Buy	$620.00
May 22, 2026	James Heaney CFA	Jefferies	Initiates Coverage	Buy	$600.00
May 22, 2026	Jessica Reif Ehrlich	BofA Securities	Maintains	Buy	-
May 22, 2026	Doug Anmuth	JP Morgan	Maintains	Buy	$600.00 → $650.00 +50.00 (8.3%)
May 22, 2026	Steven Cahall	Wells Fargo	Initiates Coverage	Buy	$580.00 → $600.00 +20.00 (3.5%)
May 22, 2026	Barton Crockett	Rosenblatt	Maintains	Hold	$500.00 → $534.00 +34.00 (6.8%)
May 21, 2026	Mark Mahaney	Evercore ISI Group	Reiterates	Buy	$650.00
Apr 30, 2026	Helena Wang	Phillip	Maintains	Buy	$650.00
Apr 30, 2026	Batya Levi	UBS	Initiates Coverage	Buy	$760.00 → $735.00 -25.00 (-3.3%)
Apr 29, 2026	Christoffer Jennel	Inderes	Maintains	Buy	$595.00 → $570.00 -25.00 (-4.2%)
Apr 29, 2026	Google Internet Content and Information	TipRanks - Google	Reiterates	Buy	$575.00 → $488.00 -87.00 (-15.1%)
Apr 29, 2026	PerPlexity Internet Content and Information	TipRanks - PerPlexity	Reiterates	Buy	$580.00 → $488.00 -92.00 (-15.9%)
Apr 29, 2026	DeepSeek Internet Content and Information	TipRanks - DeepSeek	Reiterates	Buy	$563.00 → $486.00 -77.00 (-13.7%)
Apr 29, 2026	xAi Internet Content and Information	TipRanks - xAI	Reiterates	Hold	$541.00 → $471.00 -70.00 (-12.9%)
Apr 29, 2026	Matthew Condon	Citizens	Reiterates	Buy	$800.00 → $600.00 -200.00 (-25.0%)
Apr 29, 2026	Maria Ripps	Canaccord Genuity	Maintains	Strong Buy	$750.00 → $720.00 -30.00 (-4.0%)
Apr 29, 2026	OpenAI Internet Content and Information	TipRanks - OpenAI	Reiterates	Hold	$557.00 → $465.00 -92.00 (-16.5%)
Apr 29, 2026	Mark Zgutowicz	Benchmark Co.	Maintains	Buy	$760.00 → $695.00 -65.00 (-8.6%)
Apr 29, 2026	Mark Zgutowicz	Benchmark	Maintains	Strong Buy	$760.00 → $695.00 -65.00 (-8.6%)
Apr 29, 2026	Justin Patterson	Keybanc	Maintains	Buy	$745.00 → $680.00 -65.00 (-8.7%)
Apr 29, 2026	Michael Morris	Guggenheim	Maintains	Strong Buy	$600.00 → $565.00 -35.00 (-5.8%)
Apr 29, 2026	Deepak Mathivanan	Cantor Fitzgerald	Maintains	Hold	$525.00 → $430.00 -95.00 (-18.1%)
Apr 29, 2026	Ian S. Moore	Bernstein	Reiterates	Buy	$625.00
Apr 29, 2026	Eric Sheridan	Goldman Sachs	Maintains	Strong Buy	$670.00 → $600.00 -70.00 (-10.4%)
Apr 29, 2026	Kannan Venkateshwar	Barclays	Maintains	Buy	$600.00 → $500.00 -100.00 (-16.7%)
Apr 29, 2026	Doug Anmuth	JP Morgan	Maintains	Buy	$700.00 → $600.00 -100.00 (-14.3%)
Apr 29, 2026	Steven Cahall	Wells Fargo	Maintains	Buy	$640.00 → $580.00 -60.00 (-9.4%)
Apr 29, 2026	Barton Crockett	Rosenblatt	Maintains	Hold	$670.00 → $500.00 -170.00 (-25.4%)
Apr 29, 2026	Sean Diffley	Morgan Stanley	Reiterates	Buy	$630.00 → $590.00 -40.00 (-6.3%)
Apr 28, 2026	Brian White	Monness	Maintains	Hold	-
Apr 28, 2026	Jeffrey Wlodarczak	Pivotal Research	Reiterates	Hold	$420.00 → $400.00 -20.00 (-4.8%)
Apr 28, 2026	Matthew Condon	Citizens JMP	Maintains	Buy	$800.00 → $600.00 -200.00 (-25.0%)
Apr 28, 2026	Michael Morris	Guggenheim	Maintains	Buy	$600.00 → $565.00 -35.00 (-5.8%)
Apr 28, 2026	Deepak Mathivanan	Cantor Fitzgerald	Reiterates	Hold	$525.00 → $430.00 -95.00 (-18.1%)
Apr 28, 2026	Doug Creutz	TD Cowen	Reiterates	Hold	$525.00
Apr 28, 2026	Jessica Reif Ehrlich	BofA Securities	Reiterates	Buy	$750.00 → $685.00 -65.00 (-8.7%)

Batya Levi

UBS

BuyMaintains

$735.00 → $690.00

Jul 10

James Heaney CFA

Jefferies

BuyReiterates

$600.00

Jul 9

Steven Cahall

Wells Fargo

BuyReiterates

$600.00 → $570.00

Jul 9

Barton Crockett

Rosenblatt

HoldMaintains

$534.00 → $531.00

Jul 9

Ian S. Moore

Bernstein

BuyMaintains

$625.00

Jul 3

Google Internet Content and Information

TipRanks - Google

BuyReiterates

$527.00 → $523.00

Jul 2

Anthropic Internet Content and Information

TipRanks - Anthropic

HoldReiterates

$502.00 → $498.00

Jul 2

Jessica Reif Ehrlich

BofA Securities

BuyReiterates

$685.00

Jun 30

Sean Diffley

Morgan Stanley

BuyMaintains

$482.00 → $610.00

Jun 15

Kannan Venkateshwar

Barclays

BuyMaintains

$565.00

Jun 12

Jason Bazinet

Citi

BuyMaintains

$620.00

Jun 12

Justin Patterson

KeyBanc

BuyMaintains

$680.00

Jun 11

Ian S. Moore

Bernstein

BuyMaintains

$625.00

Jun 10

Deepak Mathivanan

Cantor Fitzgerald

HoldReiterates

$430.00 → $520.00

May 26

Google Internet Content and Information

TipRanks - Google

BuyReiterates

$492.00 → $559.00

May 22

PerPlexity Internet Content and Information

TipRanks - PerPlexity

BuyReiterates

$506.00 → $578.00

May 22

Anthropic Internet Content and Information

TipRanks - Anthropic

HoldReiterates

$470.00 → $532.00

May 22

DeepSeek Internet Content and Information

TipRanks - DeepSeek

BuyDowngrades

$486.00 → $556.00

May 22

xAi Internet Content and Information

TipRanks - xAI

BuyDowngrades

$477.00 → $539.00

May 22

Matthew Condon

Citizens JMP

BuyMaintains

$600.00 → $625.00

May 22

Maria Ripps

Canaccord Genuity

BuyMaintains

$720.00

May 22

OpenAI Internet Content and Information

TipRanks - OpenAI

BuyDowngrades

$486.00 → $551.00

May 22

Michael Morris

Guggenheim

BuyMaintains

$565.00

May 22

Benjamin Black CFA

Deutsche Bank

BuyReiterates

$620.00

May 22

James Heaney CFA

Jefferies

BuyInitiates Coverage

$600.00

May 22

Jessica Reif Ehrlich

BofA Securities

BuyMaintains

May 22

Doug Anmuth

JP Morgan

BuyMaintains

$600.00 → $650.00

May 22

Steven Cahall

Wells Fargo

BuyInitiates Coverage

$580.00 → $600.00

May 22

Barton Crockett

Rosenblatt

HoldMaintains

$500.00 → $534.00

May 22

Mark Mahaney

Evercore ISI Group

BuyReiterates

$650.00

May 21

Helena Wang

Phillip

BuyMaintains

$650.00

Apr 30

Batya Levi

UBS

BuyInitiates Coverage

$760.00 → $735.00

Apr 30

Christoffer Jennel

Inderes

BuyMaintains

$595.00 → $570.00

Apr 29

Google Internet Content and Information

TipRanks - Google

BuyReiterates

$575.00 → $488.00

Apr 29

PerPlexity Internet Content and Information

TipRanks - PerPlexity

BuyReiterates

$580.00 → $488.00

Apr 29

DeepSeek Internet Content and Information

TipRanks - DeepSeek

BuyReiterates

$563.00 → $486.00

Apr 29

xAi Internet Content and Information

TipRanks - xAI

HoldReiterates

$541.00 → $471.00

Apr 29

Matthew Condon

Citizens

BuyReiterates

$800.00 → $600.00

Apr 29

Maria Ripps

Canaccord Genuity

Strong BuyMaintains

$750.00 → $720.00

Apr 29

OpenAI Internet Content and Information

TipRanks - OpenAI

HoldReiterates

$557.00 → $465.00

Apr 29

Mark Zgutowicz

Benchmark Co.

BuyMaintains

$760.00 → $695.00

Apr 29

Mark Zgutowicz

Benchmark

Strong BuyMaintains

$760.00 → $695.00

Apr 29

Justin Patterson

Keybanc

BuyMaintains

$745.00 → $680.00

Apr 29

Michael Morris

Guggenheim

Strong BuyMaintains

$600.00 → $565.00

Apr 29

Deepak Mathivanan

Cantor Fitzgerald

HoldMaintains

$525.00 → $430.00

Apr 29

Ian S. Moore

Bernstein

BuyReiterates

$625.00

Apr 29

Eric Sheridan

Goldman Sachs

Strong BuyMaintains

$670.00 → $600.00

Apr 29

Kannan Venkateshwar

Barclays

BuyMaintains

$600.00 → $500.00

Apr 29

Doug Anmuth

JP Morgan

BuyMaintains

$700.00 → $600.00

Apr 29

Steven Cahall

Wells Fargo

BuyMaintains

$640.00 → $580.00

Apr 29

Barton Crockett

Rosenblatt

HoldMaintains

$670.00 → $500.00

Apr 29

Sean Diffley

Morgan Stanley

BuyReiterates

$630.00 → $590.00

Apr 29

Brian White

Monness

HoldMaintains

Apr 28

Jeffrey Wlodarczak

Pivotal Research

HoldReiterates

$420.00 → $400.00

Apr 28

Matthew Condon

Citizens JMP

BuyMaintains

$800.00 → $600.00

Apr 28

Michael Morris

Guggenheim

BuyMaintains

$600.00 → $565.00

Apr 28

Deepak Mathivanan

Cantor Fitzgerald

HoldReiterates

$525.00 → $430.00

Apr 28

Doug Creutz

TD Cowen

HoldReiterates

$525.00

Apr 28

Jessica Reif Ehrlich

BofA Securities

BuyReiterates

$750.00 → $685.00

Apr 28

Spotify Technology S.A. (SPOT) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest SPOT Analyst Ratings & Recommendations

Frequently Asked Questions