Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
511.36
+7.26 (1.44%)
At close: Apr 14, 2026, 4:00 PM EDT
510.00
-1.36 (-0.27%)
After-hours: Apr 14, 2026, 4:14 PM EDT

Spotify Technology Stock Forecast

Stock Price Forecast

The 27 analysts that cover Spotify Technology stock have a consensus rating of "Strong Buy" and an average price target of $719.26, which forecasts a 40.66% increase in the stock price over the next year. The lowest target is $525 and the highest is $900.

Price Target: $719.26 (+40.66%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$525$719.26$720$900
Change+2.67%+40.66%+40.80%+76.00%

Analyst Ratings

The average analyst rating for Spotify Technology stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingNov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy10910101110
Buy141414131313
Hold754444
Sell000000
Strong Sell000000
Total312828272827

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Maintains
$650$640
BuyMaintains$650$640+25.16%Apr 13, 2026
Barclays
Barclays
Buy
Maintains
$650$600
BuyMaintains$650$600+17.33%Apr 8, 2026
Daiwa Capital
Daiwa Capital
Strong Buy
Initiates
$535
Strong BuyInitiates$535+4.62%Mar 26, 2026
Guggenheim
Guggenheim
Strong Buy
Maintains
$720$600
Strong BuyMaintains$720$600+17.33%Feb 24, 2026
Guggenheim
Guggenheim
Strong Buy
Maintains
$750$720
Strong BuyMaintains$750$720+40.80%Feb 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
19.88B
from 17.19B
Increased by 15.66%
Revenue Next Year
22.62B
from 19.88B
Increased by 13.80%
EPS This Year
13.28
from 10.51
Increased by 26.37%
EPS Next Year
16.59
from 13.28
Increased by 24.93%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
9.67B11.73B13.25B15.67B17.19B19.88B22.62B
Revenue Growth
22.69%21.30%12.96%18.31%9.65%15.66%13.80%
EPS
-1.03-2.93-2.735.5010.5113.2816.59
EPS Growth
----91.09%26.37%24.93%
Forward PE
-----32.6526.13
No. Analysts
-----4237
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High21.0B24.0B
Avg19.9B22.6B
Low18.6B20.9B

Revenue Growth

Revenue Growth20262027202820292030
High
22.0%
21.0%
Avg
15.7%
13.8%
Low
8.2%
5.3%

EPS Forecast

EPS20262027202820292030
High20.6123.81
Avg13.2816.59
Low10.3314.02

EPS Growth

EPS Growth20262027202820292030
High
96.1%
79.3%
Avg
26.4%
24.9%
Low
-1.7%
5.6%
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.