Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
536.22
+2.50 (0.47%)
Aug 24, 2026, 12:42 PM EDT - Market open
Spotify Technology Stock Forecast
Stock Price Forecast
According to 41 analysts polled by S&P Global, Spotify Technology stock has a consensus rating of "Buy" and an average price target of $610.06. The average 1-year stock price forecast is 13.77% higher than the current stock price, while the lowest is $422.26 (-21.25%) and the highest is $723.87 (+34.99%).
Price Target: $610.06 (+13.77%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 25 | 24 | 24 | 24 | 24 | 25 |
| Buy | 10 | 10 | 10 | 10 | 9 | 9 |
| Hold | 7 | 7 | 7 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 42 | 41 | 41 | 40 | 40 | 41 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Reiterates $640 | Buy | Reiterates | $640 | +19.35% | Aug 24, 2026 |
| Argus Research | Argus Research | Buy Maintains $600 | Buy | Maintains | $600 | +11.89% | Aug 13, 2026 |
| Phillip Securities | Phillip Securities | Buy Maintains $650 | Buy | Maintains | $650 | +21.22% | Aug 11, 2026 |
| Jefferies | Jefferies | Buy Reiterates $600 | Buy | Reiterates | $600 | +11.89% | Aug 11, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $720 | Buy | Maintains | $720 | +34.27% | Aug 5, 2026 |
Financial Forecast
Revenue This Year
19.54B
from 17.19B
Increased by 13.68%
Revenue Next Year
22.31B
from 19.54B
Increased by 14.18%
EPS This Year
12.29
from 10.51
Increased by 16.91%
EPS Next Year
15.47
from 12.29
Increased by 25.93%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.