Spotify Technology (NYSE:SPOT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Spotify Technology (NYSE:SPOT) have been assigned a consensus recommendation of “Moderate Buy” from the thirty-three brokerages that are presently covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $702.6667.

Several equities research analysts have weighed in on SPOT shares. Citigroup upgraded Spotify Technology from a “neutral” rating to a “buy” rating and set a $650.00 target price for the company in a research note on Friday, January 30th. The Goldman Sachs Group upgraded shares of Spotify Technology from a “neutral” rating to a “buy” rating and reduced their price target for the company from $735.00 to $700.00 in a research note on Friday, January 23rd. Benchmark decreased their price target on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Wells Fargo & Company lowered their price objective 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, Barclays increased their price objective on shares of Spotify Technology from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th.

Spotify Technology Stock Performance

NYSE:SPOT opened at $473.17 on Friday. The company has a market cap of $97.42 billion, a price-to-earnings ratio of 49.08, a PEG ratio of 1.06 and a beta of 1.66. Spotify Technology has a fifty-two week low of $405.00 and a fifty-two week high of $785.00. The stock has a fifty day moving average price of $493.43 and a 200-day moving average price of $584.39.

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

Trending Headlines about Spotify Technology

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

• Positive Sentiment: Spotify rolled out SongDNA and published its Loud & Clear Canada 2026 report, highlighting global royalties and fan data that increase transparency for artists and may strengthen creator relationships and platform differentiation. Spotify Highlights Global Canadian Royalties And Fan Data With SongDNA
• Positive Sentiment: Early press on SongDNA has been favorable — coverage frames the feature as a useful way for fans to discover and understand music, which can help engagement/retention if adoption broadens. Spotify’s new ‘SongDNA’ is actually a great way to learn more about your music
• Neutral Sentiment: Search and attention metrics show investors are actively looking at SPOT — heightened interest can amplify moves in either direction but doesn’t by itself indicate fundamental change. Investors Heavily Search Spotify Technology (SPOT): Here is What You Need to Know
• Negative Sentiment: Market commentary notes SPOT underperformed while broader markets rose, contributing to today’s downside — short‑term technical selling and attention may be pressuring the stock. Spotify (SPOT) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: Some users reported inability to access the Daily Drive feature — product outages can dent user experience and are worth monitoring if they persist. Fans can’t access Daily Drive on Spotify — what happened to it?
• Negative Sentiment: Spotify cut roughly 15 roles (~3% of podcast staff) in the podcast group — small but visible layoffs can raise questions about strategy execution and cost/priority tradeoffs in podcasting. Spotify lays off 15 people, about 3% of podcasting staff

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Knuff & Co LLC bought a new stake in shares of Spotify Technology in the 2nd quarter valued at about $27,000. Total Investment Management Inc. bought a new position in shares of Spotify Technology during the second quarter worth about $29,000. Heartwood Wealth Advisors LLC bought a new position in shares of Spotify Technology during the third quarter worth about $27,000. Greykasell Wealth Strategies Inc. lifted its stake in shares of Spotify Technology by 3,800.0% in the third quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock worth $27,000 after acquiring an additional 38 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of Spotify Technology in the third quarter worth approximately $26,000. Institutional investors own 84.09% of the company’s stock.

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.