Freemont Management S.A. Has $349,000 Position in Spotify Technology $SPOT

Freemont Management S.A. cut its position in Spotify Technology (NYSE:SPOT) by 88.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 500 shares of the company’s stock after selling 4,000 shares during the period. Freemont Management S.A.’s holdings in Spotify Technology were worth $349,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. State Street Corp increased its stake in shares of Spotify Technology by 1.7% in the second quarter. State Street Corp now owns 4,574,228 shares of the company’s stock valued at $3,509,988,000 after buying an additional 74,256 shares during the period. Fisher Asset Management LLC grew its holdings in Spotify Technology by 22.7% during the 2nd quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock worth $1,909,920,000 after acquiring an additional 460,115 shares during the last quarter. Geode Capital Management LLC increased its position in Spotify Technology by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,568,502 shares of the company’s stock valued at $1,192,730,000 after acquiring an additional 49,377 shares during the period. Invesco Ltd. raised its stake in shares of Spotify Technology by 17.3% during the second quarter. Invesco Ltd. now owns 1,454,383 shares of the company’s stock valued at $1,116,007,000 after acquiring an additional 214,355 shares during the last quarter. Finally, Edgewood Management LLC lifted its holdings in shares of Spotify Technology by 14.4% during the second quarter. Edgewood Management LLC now owns 1,249,791 shares of the company’s stock worth $959,015,000 after purchasing an additional 157,567 shares during the period. 84.09% of the stock is owned by institutional investors and hedge funds.

Spotify Technology Price Performance

NYSE SPOT opened at $445.53 on Friday. The stock has a market capitalization of $91.70 billion, a P/E ratio of 46.22, a P/E/G ratio of 0.91 and a beta of 1.66. The business has a 50 day simple moving average of $535.84 and a 200 day simple moving average of $622.39. Spotify Technology has a one year low of $405.00 and a one year high of $785.00.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $2.00. The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.14 billion. Spotify Technology had a return on equity of 31.35% and a net margin of 13.16%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.88 earnings per share. Equities analysts expect that Spotify Technology will post 10.3 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on SPOT. The Goldman Sachs Group raised Spotify Technology from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $735.00 to $700.00 in a research report on Friday, January 23rd. Moffett Nathanson started coverage on Spotify Technology in a research note on Tuesday, January 27th. They issued a “neutral” rating and a $487.00 price target for the company. KeyCorp cut their price objective on Spotify Technology from $830.00 to $720.00 and set an “overweight” rating on the stock in a research note on Monday. Wells Fargo & Company decreased their target price on shares of Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Finally, Phillip Securities upgraded shares of Spotify Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, November 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Spotify Technology presently has a consensus rating of “Moderate Buy” and a consensus price target of $706.42.

More Spotify Technology News

Here are the key news stories impacting Spotify Technology this week:

• Positive Sentiment: Q4 results beat expectations — Spotify reported stronger-than-expected revenue and EPS, with management highlighting record revenue and accelerating margin expansion; this is the catalyst for recent upside in the stock. Spotify Q4 2025 Earnings Highlights
• Positive Sentiment: Record monthly listeners and subscriber growth: management said monthly listeners reached ~751 million, signaling user engagement momentum that supports long-term monetization. Record Monthly Listeners
• Positive Sentiment: Management is emphasizing AI and product focus as a growth driver — CEO/co‑CEO commentary highlights tighter execution and an AI roadmap intended to improve recommendations, ad targeting and creator tools. That narrative supports optimism about future monetization. CEO Message on Future
• Positive Sentiment: Analyst bullishness from Barclays — Barclays raised its price target to $650 and kept an overweight stance, providing buy-side support amid mixed broker notes. Barclays PT Raise
• Neutral Sentiment: Some price-target adjustments remain constructive: Guggenheim trimmed its target (from $750 to $720) but retained a buy view; KeyCorp also lowered its target to $720 — these keep upside in place but moderate expectations. Guggenheim / KeyCorp Updates
• Neutral Sentiment: Artist/engagement stories (e.g., major streaming surge for legacy act “The Grimm”) illustrate platform engagement wins but are peripheral to near-term stock moves. The Grimm Streaming Surge
• Negative Sentiment: Pivotal Research downgraded SPOT from Buy to Hold with a $420 target, which undercuts sentiment and increases short-term selling pressure. Pivotal Downgrade
• Negative Sentiment: Critical research and downgrade notes (Seeking Alpha piece) warn of structural deceleration risks — these narratives can amplify profit-taking after the post-earnings run. Downgrade On Structural Deceleration

About Spotify Technology

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.