Spotify Technology SA (SPOT)

Currency in USD
523.67
+31.20(+6.34%)
Real-time Data·
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Fair Value
Day's Range
500.02526.39
52 wk Range
405.00745.00
Key Statistics
Prev. Close
492.47
Open
502.37
Day's Range
500.02-526.39
52 wk Range
405-745
Volume
1.2M
Average Vol. (3m)
2.02M
1-Year Change
-28.0509%
Book Value / Share
46.57
Fair Value
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Fair Value Upside
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SPOT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
609.75
Upside
+16.44%
Members' Sentiments
Bearish
Bullish
ProTips
11 analysts have revised their earnings downwards for the upcoming period

Spotify Technology SA News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

34 Buy
7 Hold
0 Sell
Ratings:
41 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 609.75
(+16.44% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Phillip Securities
Buy650.00+24.33%-MaintainAug 11, 2026
Cantor Fitzgerald
Hold530.00+1.38%510.00MaintainAug 05, 2026
Bernstein SocGen Group
Buy625.00+19.55%-MaintainAug 05, 2026
Morgan Stanley
Buy640.00+22.42%610.00MaintainAug 03, 2026
KeyBanc
Buy680.00+30.07%-MaintainJul 24, 2026

Spotify Technology SA SWOT Analysis


Strategic Challenges
Examine how rising content costs, market saturation in developed regions, and competition from integrated technology giants test Spotify's pricing power and market leadership
Analyst Outlook
Price targets range from $500 to $900, averaging around $680, reflecting varied perspectives on growth sustainability, competitive positioning, and margin trajectory
Margin Expansion
The streaming leader demonstrates robust profitability with gross margin improvements, strong free cash flow generation, and successful price increases across global markets
AI-Driven Evolution
Spotify transforms into an intelligent media platform, leveraging artificial intelligence for personalization while navigating leadership transitions and market maturation challenges
Read full SWOT analysis

Spotify Technology SA Earnings Call Summary for Q2/2026

  • Spotify Q2 EPS of $2.61 missed estimates of $2.76; revenue of €4.78B slightly below forecast; shares fell 5.9% in premarket trading to $457.71.
  • Record gross margin of 33.4% and 15% YoY revenue growth; surpassed 300M premium subscribers with 7M net adds; free cash flow rose 14% to €797M.
  • Q3 guidance: €5B revenue (14% growth), 32.9% gross margin, €670M operating income; expects 305M premium subs and 788M monthly active users.
  • Company prioritizing monetization over user growth in India/Indonesia markets; automated ad channels now 40% of ad revenue, up from 30% in Q1.
  • Long-term targets maintained: mid-teens revenue growth, 35-40% gross margin, and 20%+ operating margin by 2030; AI tools expanding across platform.
Last Updated: 08/04/2026, 09:19 AM
Read Full Transcript
Spotify Tech investor slides for Q2/2026
Spotify Q2 2026 slides
Last Update: Aug 04, 2026
See full investor slides

Earnings

Latest Release
Aug 04, 2026
EPS / Forecast
2.61 / 2.76
Revenue / Forecast
4.78B / 4.79B
EPS Revisions
Last 90 days

SPOT Income Statement

Compare SPOT to Peers and Sector

Metrics to compare
SPOT
Peers
Sector
Relationship
P/E Ratio
27.7x14.3x6.5x
PEG Ratio
0.09−0.230.01
Price / Book
11.0x4.4x1.8x
Price / LTM Sales
5.1x2.4x1.3x
Upside (Analyst Target)
15.2%39.5%29.8%
Fair Value Upside
Unlock33.7%17.1%Unlock

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Employees
7000

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
54.12M26.32%26.65B
Other Institutional Investors
101.57M49.40%50.02B
Public Companies & Retail Investors
49.90M24.27%24.57B
Total
205.58M100.00%101.24B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Tencent Holdings Limited8.09%16,631,9698,190,746
BlackRock, Inc.5.30%10,890,9375,363,460

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FAQ

What Is the Spotify Tech (SPOT) Stock Price Today?

The Spotify Tech stock price today is 523.67 USD.

What Stock Exchange Does Spotify Tech Trade On?

Spotify Tech is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Spotify Tech?

The stock symbol for Spotify Tech is "SPOT."

What Is the Spotify Tech Market Cap?

As of today, Spotify Tech market cap is 107.72B USD.

What Is Spotify Tech's Earnings Per Share (TTM)?

The Spotify Tech EPS (TTM) is 15.92.

When Is the Next Spotify Tech Earnings Date?

Spotify Tech will release its next earnings report on Oct 27, 2026.

From a Technical Analysis Perspective, Is SPOT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Spotify Tech Stock Split?

Spotify Tech has split 0 times.

How Many Employees Does Spotify Tech Have?

Spotify Tech has 7000 employees.

What is the current trading status of Spotify Tech (SPOT)?

As of Aug 18, 2026, Spotify Tech (SPOT) is trading at a price of 523.67 USD, with a previous close of 492.47 USD. The stock has fluctuated within a day range of 500.02 USD to 526.39 USD, while its 52-week range spans from 405.00 USD to 745.00 USD.

What Is Spotify Tech (SPOT) Price Target According to Analysts?

The average 12-month price target for Spotify Tech is 609.75 USD, with a high estimate of 723.49959495 USD and a low estimate of 422.04143039 USD. 34 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +16.44% Upside potential.

What Is the SPOT Premarket Price?

SPOT's last pre-market stock price is 498.02 USD. The pre-market share volume is 6,420.00, and the stock has decreased by 5.55, or 1.13%.

What Is the SPOT After Hours Price?

SPOT's last after hours stock price is 493.01 USD, the stock has decreased by 0.54, or 0.11%.
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