Capital Planning Advisors LLC Invests $1.38 Million in Spotify Technology $SPOT

Capital Planning Advisors LLC acquired a new stake in shares of Spotify Technology (NYSE:SPOT) during the third quarter, HoldingsChannel reports. The fund acquired 1,983 shares of the company’s stock, valued at approximately $1,384,000.

A number of other large investors also recently bought and sold shares of the business. Knuff & Co LLC purchased a new position in shares of Spotify Technology in the 2nd quarter valued at $27,000. Heartwood Wealth Advisors LLC bought a new stake in Spotify Technology during the third quarter valued at about $27,000. Greykasell Wealth Strategies Inc. boosted its position in Spotify Technology by 3,800.0% during the third quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 38 shares in the last quarter. Total Investment Management Inc. purchased a new position in Spotify Technology in the second quarter valued at about $29,000. Finally, Westfuller Advisors LLC bought a new position in Spotify Technology in the third quarter worth about $29,000. Institutional investors own 84.09% of the company’s stock.

More Spotify Technology News

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

• Positive Sentiment: Company delivered strong results and an upbeat outlook that eased earlier margin and user-growth worries; market reaction is lifting sentiment. Spotify Shares Rally on Strong Outlook
• Positive Sentiment: Analysts have publicly expressed increased confidence after results — Bernstein (Ian Moore) reaffirmed an Outperform and kept a $650 target, signaling conviction in Spotify’s recovery. Strong Results Drive Analyst Confidence
• Positive Sentiment: One shop raised Spotify’s price target to $650, providing incremental upside support to the stock narrative. Price Target Raised to $650
• Neutral Sentiment: Spotify’s CEO says top engineers are relying on AI to generate code while engineers supervise — this suggests major productivity gains and lower engineering costs long term, but raises questions about execution risk, quality control, and workforce impacts. Investors will watch for realized cost benefits and any operational issues. Spotify developers not writing code — Business Insider
• Negative Sentiment: Some analysts trimmed targets: Cantor Fitzgerald cut its target to $525, which signals lingering concerns about upside and could cap near-term gains. Cantor Fitzgerald Cuts Price Target to $525
• Negative Sentiment: Guggenheim also reduced its price target (to $720), a reminder that not all shops are uniformly bullish despite the beat — mixed analyst revisions add volatility risk. Guggenheim Cuts Price Target

Spotify Technology Trading Up 2.8%

NYSE SPOT opened at $458.40 on Monday. Spotify Technology has a 12-month low of $405.00 and a 12-month high of $785.00. The company has a fifty day simple moving average of $533.70 and a two-hundred day simple moving average of $620.50. The stock has a market cap of $94.35 billion, a P/E ratio of 47.55, a P/E/G ratio of 1.08 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last released its 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 the consensus estimate of $5.14 billion. Spotify Technology had a return on equity of 31.35% and a net margin of 13.16%.The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.88 EPS. As a group, sell-side analysts forecast that Spotify Technology will post 10.3 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on SPOT. KeyCorp lowered their price target on shares of Spotify Technology from $830.00 to $720.00 and set an “overweight” rating on the stock in a report on Monday, February 9th. Wells Fargo & Company lowered 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 note on Tuesday, January 13th. Cantor Fitzgerald cut their price target on shares of Spotify Technology from $615.00 to $525.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Phillip Securities upgraded Spotify Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, November 10th. Finally, Pivotal Research cut Spotify Technology from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $875.00 to $420.00 in a research report on Wednesday, February 11th. Two equities 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. According to MarketBeat, Spotify Technology presently has a consensus rating of “Moderate Buy” and an average price target of $706.42.

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.