Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
485.53
-4.81 (-0.98%)
At close: Jan 17, 2025, 4:00 PM
488.98
+3.45 (0.71%)
Pre-market: Jan 21, 2025, 7:08 AM EST
Spotify Technology Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Spotify Technology stock have an average target of 443.59, with a low estimate of 230 and a high estimate of 560. The average target predicts a decrease of -8.64% from the current stock price of 485.53.
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 |
|---|---|---|---|---|---|---|---|
| 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 | +7.10% | Jan 16, 2025 |
| UBS | UBS | Strong Buy Maintains $485 → $540 | Strong Buy | Maintains | $485 → $540 | +11.22% | Jan 15, 2025 |
| Keybanc | Keybanc | Buy Maintains $520 → $555 | Buy | Maintains | $520 → $555 | +14.31% | Jan 10, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $490 → $550 | Strong Buy | Maintains | $490 → $550 | +13.28% | Jan 8, 2025 |
Financial Forecast
Revenue This Year
15.92B
from 13.25B
Increased by 20.17%
Revenue Next Year
18.28B
from 15.92B
Increased by 14.84%
EPS This Year
6.02
from -2.73
EPS Next Year
9.31
from 6.02
Increased by 54.61%
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% | 24.8% | 23.3% | |||
| Avg | 20.2% | 14.8% | 14.2% | |||
| Low | 14.7% | 7.8% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.98 | 14.07 | 16.28 | ||
| Avg | 6.02 | 9.31 | 11.61 | ||
| Low | 5.20 | 6.49 | 8.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 133.6% | 74.8% | ||
| Avg | - | 54.6% | 24.7% | ||
| Low | - | 7.8% | -10.4% |
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.