Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
582.16
+18.34 (3.25%)
At close: Dec 19, 2025, 4:00 PM EST
584.00
+1.84 (0.32%)
Pre-market: Dec 22, 2025, 8:05 AM EST
Spotify Technology Stock Forecast
Stock Price Forecast
The 28 analysts that cover Spotify Technology stock have a consensus rating of "Buy" and an average price target of $762.68, which forecasts a 31.01% increase in the stock price over the next year. The lowest target is $550 and the highest is $900.
Price Target: $762.68 (+31.01%)
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 10 | 10 | 9 |
| Buy | 14 | 14 | 14 | 14 | 14 | 14 |
| Hold | 6 | 6 | 7 | 7 | 7 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 30 | 31 | 31 | 31 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citizens | Citizens | Buy Initiates $800 | Buy | Initiates | $800 | +37.42% | Dec 17, 2025 |
| Barclays | Barclays | Buy Maintains $750 → $700 | Buy | Maintains | $750 → $700 | +20.24% | Nov 5, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $640 → $675 | Hold | Maintains | $640 → $675 | +15.95% | Nov 5, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $850 → $800 | Strong Buy | Maintains | $850 → $800 | +37.42% | Nov 5, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $800 → $860 | Strong Buy | Maintains | $800 → $860 | +47.73% | Nov 5, 2025 |
Financial Forecast
Revenue This Year
17.52B
from 15.67B
Increased by 11.80%
Revenue Next Year
20.06B
from 17.52B
Increased by 14.47%
EPS This Year
7.33
from 5.50
Increased by 33.20%
EPS Next Year
12.51
from 7.33
Increased by 70.75%
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 18.2B | 21.5B | ||||
| Avg | 17.5B | 20.1B | ||||
| Low | 16.8B | 18.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 15.9% | 22.6% | ||||
| Avg | 11.8% | 14.5% | ||||
| Low | 7.0% | 5.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 9.60 | 18.78 | ||||
| Avg | 7.33 | 12.51 | ||||
| Low | 4.75 | 10.30 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 74.5% | 156.4% | ||||
| Avg | 33.2% | 70.8% | ||||
| Low | -13.6% | 40.6% |
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.