Spotify Technology (SPOT) Expected to Post Earnings on Tuesday

Spotify Technology (NYSE:SPOT) is expected to be announcing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to post earnings of $3.15 per share and revenue of $5.4731 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.

Spotify Technology (NYSE:SPOT) last posted its earnings results on Tuesday, April 28th. The company reported $4.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.63. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.The firm had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the prior year, the business posted $1.07 earnings per share. The business’s quarterly revenue was up 8.2% on a year-over-year basis. On average, analysts expect Spotify Technology to post $15 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Spotify Technology Price Performance

Spotify Technology stock opened at $501.43 on Tuesday. Spotify Technology has a one year low of $405.00 and a one year high of $748.30. The business has a fifty day moving average price of $482.63 and a 200-day moving average price of $487.08. The firm has a market capitalization of $103.24 billion, a P/E ratio of 39.87, a PEG ratio of 1.19 and a beta of 1.56.

Insiders Place Their Bets

In other news, Director Thomas O. Staggs sold 5,477 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $526.00, for a total transaction of $2,880,902.00. Following the completion of the transaction, the director owned 3,619 shares of the company’s stock, valued at approximately $1,903,594. The trade was a 60.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gustav Soderstrom sold 20,833 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $430.72, for a total value of $8,973,189.76. Following the transaction, the chief executive officer directly owned 20,492 shares of the company’s stock, valued at $8,826,314.24. The trade was a 50.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 111,442 shares of company stock worth $54,757,553. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Spotify Technology

Institutional investors and hedge funds have recently bought and sold shares of the stock. Coatue Management LLC lifted its position in Spotify Technology by 35.9% during the fourth quarter. Coatue Management LLC now owns 2,450,881 shares of the company’s stock valued at $1,423,251,000 after purchasing an additional 647,708 shares during the last quarter. Generation Investment Management LLP bought a new position in shares of Spotify Technology in the 4th quarter worth $193,338,000. Amundi increased its holdings in shares of Spotify Technology by 55.2% in the 4th quarter. Amundi now owns 920,490 shares of the company’s stock worth $534,538,000 after buying an additional 327,354 shares during the last quarter. Scge Management L.P. purchased a new stake in shares of Spotify Technology during the 2nd quarter valued at $250,153,000. Finally, Samlyn Capital LLC purchased a new stake in shares of Spotify Technology during the 3rd quarter valued at $181,741,000. 84.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SPOT has been the topic of a number of recent research reports. Weiss Ratings cut Spotify Technology from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Cantor Fitzgerald lifted their target price on Spotify Technology from $430.00 to $520.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Wells Fargo & Company decreased their price target on Spotify Technology from $600.00 to $570.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Wall Street Zen downgraded shares of Spotify Technology from a “buy” rating to a “hold” rating in a report on Saturday. Finally, KeyCorp cut their price objective on shares of Spotify Technology from $745.00 to $680.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $630.70.

More Spotify Technology News

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

• Positive Sentiment: KeyCorp maintained its Overweight rating and $680 price target for Spotify, well above the stock’s recent trading level. The firm’s FY2026 and FY2027 EPS forecasts of $16.64 and $21.61 remain higher than the current-year consensus estimate of $14.51, indicating continued expectations for earnings growth.
• Positive Sentiment: A recent market recap noted that Spotify shares finished at $494.72 after outperforming the broader market, suggesting favorable near-term trading momentum. Spotify Rises Higher Than Market: Key Facts
• Neutral Sentiment: An investment opinion characterized Spotify as a potential buy-the-dip opportunity, citing resilient monthly active-user and premium-subscriber growth, geographic diversification and improving monetization. This is supportive of the long-term thesis but represents commentary rather than a new company announcement. Spotify Is a Buy-the-Dip Opportunity
• Negative Sentiment: KeyCorp reduced its EPS forecasts across multiple periods: Q2 2026 to $3.78 from $3.82, Q3 to $4.03 from $4.24, Q4 to $4.92 from $5.06, FY2026 to $16.64 from $17.11, and FY2027 to $21.61 from $22.78. The broad-based cuts imply somewhat lower expected profitability and could limit upside despite the firm’s bullish rating.

Spotify Technology Company Profile

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.