Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
772.60
-3.30 (-0.43%)
At close: Jun 27, 2025, 4:00 PM
772.55
-0.05 (-0.01%)
After-hours: Jun 27, 2025, 7:58 PM EDT
Spotify Technology Stock Forecast
Stock Price Forecast
According to 30 professional analysts, the 12-month price target for Spotify Technology stock ranges from a low of $230 to a high of $900. The average analyst price target of $648.1 forecasts a -16.11% decrease in the stock price over the next year.
Price Target: $648.10 (-16.11%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Spotify Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 11 | 12 | 11 | 11 | 11 |
| Buy | 10 | 10 | 10 | 11 | 12 | 12 |
| Hold | 7 | 7 | 7 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 30 | 29 | 30 | 28 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $680 → $895 | Strong Buy | Maintains | $680 → $895 | +15.84% | Jun 27, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $700 → $900 | Strong Buy | Maintains | $700 → $900 | +16.49% | Jun 26, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $725 → $840 | Strong Buy | Maintains | $725 → $840 | +8.72% | Jun 25, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $610 → $640 | Hold | Maintains | $610 → $640 | -17.16% | Jun 18, 2025 |
| Pivotal Research | Pivotal Research | Strong Buy Maintains $800 → $900 | Strong Buy | Maintains | $800 → $900 | +16.49% | Jun 17, 2025 |
Financial Forecast
Revenue This Year
18.20B
from 15.67B
Increased by 16.12%
Revenue Next Year
21.10B
from 18.20B
Increased by 15.93%
EPS This Year
8.51
from 5.50
Increased by 54.75%
EPS Next Year
12.71
from 8.51
Increased by 49.32%
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.1B | 23.7B | 27.1B | ||
| Avg | 18.2B | 21.1B | 24.0B | ||
| Low | 17.0B | 19.0B | 21.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.9% | 30.4% | 28.6% | ||
| Avg | 16.1% | 15.9% | 13.5% | ||
| Low | 8.6% | 4.5% | 1.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.45 | 15.29 | 19.33 | ||
| Avg | 8.51 | 12.71 | 16.03 | ||
| Low | 2.23 | 9.70 | 11.35 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 108.1% | 79.6% | 52.1% | ||
| Avg | 54.7% | 49.3% | 26.1% | ||
| Low | -59.4% | 14.0% | -10.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.