Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
663.96
+10.56 (1.62%)
At close: May 28, 2025, 4:00 PM
665.79
+1.83 (0.28%)
After-hours: May 28, 2025, 6:10 PM EDT
Spotify Technology Stock Forecast
Stock Price Forecast
According to 30 professional analysts, the 12-month price target for Spotify Technology stock ranges from a low of $230 to a high of $775. The average analyst price target of $601.93 forecasts a -9.34% decrease in the stock price over the next year.
Price Target: $601.93 (-9.34%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 11 | 12 | 11 | 11 |
| Buy | 12 | 10 | 10 | 10 | 11 | 12 |
| Hold | 6 | 7 | 7 | 7 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 31 | 30 | 29 | 30 | 28 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $700 → $775 | Strong Buy | Maintains | $700 → $775 | +16.72% | May 20, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $675 → $725 | Strong Buy | Maintains | $675 → $725 | +9.19% | May 12, 2025 |
| Loop Capital | Loop Capital | Hold Maintains $435 → $550 | Hold | Maintains | $435 → $550 | -17.16% | May 2, 2025 |
| Baird | Baird | Buy Maintains $700 → $730 | Buy | Maintains | $700 → $730 | +9.95% | May 1, 2025 |
| Barclays | Barclays | Buy Maintains $710 → $650 | Buy | Maintains | $710 → $650 | -2.10% | Apr 30, 2025 |
Financial Forecast
Revenue This Year
18.19B
from 15.67B
Increased by 16.03%
Revenue Next Year
21.08B
from 18.19B
Increased by 15.93%
EPS This Year
8.78
from 5.50
Increased by 59.64%
EPS Next Year
12.86
from 8.78
Increased by 46.45%
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 | 19.1B | 23.7B | 26.3B | ||
| Avg | 18.2B | 21.1B | 23.7B | ||
| Low | 17.0B | 19.0B | 21.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.9% | 30.5% | 24.5% | ||
| Avg | 16.0% | 15.9% | 12.5% | ||
| Low | 8.6% | 4.5% | 1.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.45 | 15.29 | 19.33 | ||
| Avg | 8.78 | 12.86 | 16.12 | ||
| Low | 2.23 | 10.27 | 12.81 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 108.1% | 74.1% | 50.3% | ||
| Avg | 59.6% | 46.5% | 25.4% | ||
| Low | -59.4% | 17.0% | -0.4% |
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.