Spotify Technology (SPOT) Stock Price, News & Analysis

Company Overview

Spotify Technology S.A. is a Luxembourg-based audio streaming company that operates the Spotify platform. The service gives users access to a broad catalog of music, podcasts and audiobooks, with features for searching, discovering, creating and sharing audio content across connected devices.

Spotify offers an ad-supported service at no subscription cost and paid Premium plans that provide additional features, including ad-free listening and offline playback. The company generates revenue primarily through subscriptions and advertising, while working with music labels, publishers, podcast creators and other rights holders to distribute content.

Founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon, Spotify launched its streaming service in 2008. The platform serves listeners and creators across numerous markets worldwide, with availability varying by country and content-licensing arrangements. Spotify is listed on the New York Stock Exchange under the symbol SPOT.

Key Stats

• Today's Range: $506.00 to $514.60
• 50-Day Range: $470.04 to $559.98
• 52-Week Range: $405.00 to $740.00
• Volume: 840,416 shs
• Average Volume: 1.39 million shs
• Market Capitalization: $105.02 billion
• P/E Ratio: 31.76
• Dividend Yield: N/A
• Price Target: $594.50
• Consensus Rating: Moderate Buy

Spotify Technology Stock Analysis - MarketRank™

Spotify Technology scored higher than 94% of companies evaluated by MarketBeat, and ranked 18th out of 245 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Spotify Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 1 strong buy rating, 17 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Spotify Technology has a consensus price target of $594.50, representing about 16.5% upside from its current price of $510.11.

Amount of Analyst Coverage

Spotify Technology has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 26.34%

Earnings Growth

Earnings for Spotify Technology are expected to grow by 26.34% in the coming year, from $14.16 to $17.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Spotify Technology is 31.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spotify Technology is 31.76, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 233.36.

Price to Earnings Growth Ratio

Spotify Technology has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Spotify Technology has a P/B Ratio of 11.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.21% of the float of Spotify Technology has been sold short.

Short Interest Ratio / Days to Cover

Spotify Technology has a short interest ratio ("days to cover") of 3.22, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Spotify Technology has recently decreased by 26.11%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Spotify Technology does not currently pay a dividend.

Dividend Growth

Spotify Technology does not have a long track record of dividend growth.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.45

News Sentiment

Spotify Technology has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 24 news articles for Spotify Technology this week, compared to 9 articles on an average week.

Search Interest

Only 16 people have searched for SPOT on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.

MarketBeat Follows

13 people have added Spotify Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 18% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Spotify Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,258,896.00 in company stock.

Percentage Held by Insiders

0.40% of the stock of Spotify Technology is held by insiders.

Percentage Held by Institutions

84.09% of the stock of Spotify Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/04/2026
• Today: 9/27/2026
• Next Earnings (Estimated): 10/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Communication Services
• Industry: Entertainment
• Sub-Industry: Movies & Entertainment
• Current Symbol: NYSE:SPOT
• CIK: 1639920
• Web: open.spotify.com
• Phone: 46-7-022-046-07
• Fax: N/A
• Employees: 7,287
• Year Founded: 2006

Price Target and Rating

• Average Price Target for Spotify Technology: $594.50
• High Price Target: $720.00
• Low Price Target: $400.00
• Potential Upside/Downside: +16.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.79
• Research Coverage: 24 Analysts

Profitability

• EPS (Trailing Twelve Months): $16.06
• Trailing P/E Ratio: 31.76
• Forward P/E Ratio: 36.02
• P/E Growth: 1.52
• Net Income: $2.50 billion
• Net Margins: 18.44%
• Pretax Margin: 19.17%
• Return on Equity: 41.39%
• Return on Assets: 23.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.11
• Quick Ratio: 2.11

Sales & Book Value

• Annual Sales: $19.44 billion
• Price / Sales: 5.40
• Cash Flow: $12.71 per share
• Price / Cash Flow: 40.12
• Book Value: $45.77 per share
• Price / Book: 11.15

Miscellaneous

• Outstanding Shares: 205,880,000
• Free Float: 205,058,000
• Market Cap: $105.02 billion
• Optionable: Optionable
• Beta: 1.59