Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
692.99
-3.48 (-0.50%)
At close: Aug 27, 2025, 4:00 PM
694.00
+1.01 (0.15%)
Pre-market: Aug 28, 2025, 5:42 AM EDT
Spotify Technology Stock Forecast
Stock Price Forecast
The 30 analysts that cover Spotify Technology stock have a consensus rating of "Buy" and an average price target of $718.17, which forecasts a 3.63% increase in the stock price over the next year. The lowest target is $416 and the highest is $900.
Price Target: $718.17 (+3.63%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Spotify Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 11 | 11 | 11 | 10 | 10 |
| Buy | 10 | 11 | 12 | 12 | 14 | 14 |
| Hold | 7 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 30 | 28 | 30 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $750 → $825 | Buy | Maintains | $750 → $825 | +19.05% | Aug 18, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $800 → $850 | Strong Buy | Maintains | $800 → $850 | +22.66% | Aug 18, 2025 |
| Barclays | Barclays | Buy Maintains $800 → $750 | Buy | Maintains | $800 → $750 | +8.23% | Jul 30, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $850 → $800 | Buy | Maintains | $850 → $800 | +15.44% | Jul 30, 2025 |
| UBS | UBS | Strong Buy Maintains $895 → $850 | Strong Buy | Maintains | $895 → $850 | +22.66% | Jul 30, 2025 |
Financial Forecast
Revenue This Year
17.65B
from 15.67B
Increased by 12.61%
Revenue Next Year
20.42B
from 17.65B
Increased by 15.72%
EPS This Year
5.79
from 5.50
Increased by 5.25%
EPS Next Year
11.82
from 5.79
Increased by 104.26%
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.1B | 24.5B | |||
| Avg | 17.7B | 20.4B | |||
| Low | 16.7B | 18.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 34.9% | 38.7% | |||
| Avg | 12.6% | 15.7% | |||
| Low | 6.6% | 4.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.47 | 15.80 | |||
| Avg | 5.79 | 11.82 | |||
| Low | 2.21 | 5.56 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 126.8% | 173.0% | |||
| Avg | 5.2% | 104.3% | |||
| Low | -59.7% | -4.0% |
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.