Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
468.08
+12.48 (2.74%)
At close: Jun 18, 2026, 4:00 PM EDT
467.02
-1.06 (-0.23%)
After-hours: Jun 18, 2026, 7:59 PM EDT
Spotify Technology Stock Forecast
Stock Price Forecast
According to 40 analysts polled by S&P Global, Spotify Technology stock has a consensus rating of "Buy" and an average price target of $599.18. The average 1-year stock price forecast is 28.01% higher than the current stock price, while the lowest is $391.6 (-16.34%) and the highest is $721.52 (+54.14%).
Price Target: $599.18 (+28.01%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 25 | 25 | 24 | 24 | 24 |
| Buy | 10 | 9 | 10 | 10 | 10 | 10 |
| Hold | 6 | 7 | 7 | 7 | 7 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 41 | 41 | 42 | 41 | 41 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $482 → $610 | Buy | Maintains | $482 → $610 | +30.32% | Jun 15, 2026 |
| Barclays | Barclays | Buy Maintains $565 | Buy | Maintains | $565 | +20.71% | Jun 12, 2026 |
| Citi | Citi | Buy Maintains $620 | Buy | Maintains | $620 | +32.46% | Jun 12, 2026 |
| KeyBanc | KeyBanc | Buy Maintains $680 | Buy | Maintains | $680 | +45.27% | Jun 11, 2026 |
| Bernstein | Bernstein | Buy Maintains $625 | Buy | Maintains | $625 | +33.52% | Jun 10, 2026 |
Financial Forecast
Revenue This Year
19.48B
from 17.19B
Increased by 13.34%
Revenue Next Year
22.25B
from 19.48B
Increased by 14.25%
EPS This Year
12.79
from 10.51
Increased by 21.67%
EPS Next Year
15.88
from 12.79
Increased by 24.21%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.7B | ||
| Avg | 19.5B | ||
| Low | 19.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.5% | ||
| Avg | 13.3% | ||
| Low | 10.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.74 | ||
| Avg | 12.79 | ||
| Low | 11.30 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.2% | ||
| Avg | 21.7% | ||
| Low | 7.5% |