Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
542.64
+4.24 (0.79%)
Oct 29, 2026, 9:25 AM 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 $634.62. The average 1-year stock price forecast is 16.95% higher than the current stock price, while the lowest is $456.6 (-15.86%) and the highest is $745.71 (+37.42%).
Price Target: $634.62 (+16.95%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 24 | 24 | 25 | 24 | 21 |
| Buy | 10 | 10 | 9 | 9 | 8 | 11 |
| Hold | 7 | 6 | 7 | 7 | 7 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 41 | 40 | 40 | 41 | 39 | 41 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Reiterates $700 | Buy | Reiterates | $700 | +29.00% | Oct 26, 2026 |
| Bernstein | Bernstein | Buy Reiterates $625 → $725 | Buy | Reiterates | $625 → $725 | +33.61% | Oct 26, 2026 |
| Phillip Securities | Phillip Securities | Buy Maintains $650 | Buy | Maintains | $650 | +19.78% | Oct 26, 2026 |
| TD Cowen | TD Cowen | Hold Reiterates $525 | Hold | Reiterates | $525 | -3.25% | Oct 23, 2026 |
| Rosenblatt Securities | Rosenblatt Securities | Hold Maintains $527 → $576 | Hold | Maintains | $527 → $576 | +6.15% | Oct 23, 2026 |
Financial Forecast
Revenue This Year
19.51B
from 17.19B
Increased by 13.53%
Revenue Next Year
22.42B
from 19.51B
Increased by 14.92%
EPS This Year
11.90
from 10.51
Increased by 13.27%
EPS Next Year
15.27
from 11.90
Increased by 28.23%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.