Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
548.55
-1.58 (-0.29%)
Jan 31, 2025, 4:00 PM EST - Market closed
Spotify Technology Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Spotify Technology stock have an average target of 453.41, with a low estimate of 230 and a high estimate of 600. The average target predicts a decrease of -17.34% from the current stock price of 548.55.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SPOT stock from 30 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 12 | 12 | 12 | 12 |
| Buy | 11 | 11 | 11 | 12 | 12 | 10 |
| Hold | 6 | 6 | 6 | 6 | 6 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 31 | 31 | 30 | 31 | 31 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $555 → $600 | Buy | Maintains | $555 → $600 | +9.38% | Jan 31, 2025 |
| Macquarie | Macquarie | Buy Maintains $500 → $600 | Buy | Maintains | $500 → $600 | +9.38% | Jan 30, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $490 → $480 | Hold | Reiterates | $490 → $480 | -12.50% | Jan 28, 2025 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 17, 2025 |
| Benchmark | Benchmark | Strong Buy Reiterates $520 | Strong Buy | Reiterates | $520 | -5.20% | Jan 16, 2025 |
Financial Forecast
Revenue This Year
15.93B
from 13.25B
Increased by 20.22%
Revenue Next Year
18.31B
from 15.93B
Increased by 14.96%
EPS This Year
6.00
from -2.73
EPS Next Year
9.35
from 6.00
Increased by 55.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.3B | 19.9B | 22.5B | |||
| Avg | 15.9B | 18.3B | 20.9B | |||
| Low | 15.2B | 17.2B | 19.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 30.6% | 24.7% | 23.1% | |||
| Avg | 20.2% | 15.0% | 14.2% | |||
| Low | 14.7% | 7.8% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.98 | 14.07 | 16.28 | ||
| Avg | 6.00 | 9.35 | 11.74 | ||
| Low | 5.15 | 6.49 | 8.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 134.5% | 74.0% | ||
| Avg | - | 55.9% | 25.5% | ||
| Low | - | 8.2% | -10.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.