Spotify Technology (SPOT) Stock Price, News & Analysis

Company Overview

Spotify Technology is a leading audio streaming platform that offers users on-demand access to music, podcasts and other digital audio content. The company operates a dual revenue model, combining a subscription-based premium service with an ad-supported free tier. Through licensing agreements with major and independent record labels as well as podcast producers, Spotify delivers a diverse library of content across a wide range of genres and languages.

In addition to its core streaming service, Spotify provides tools and services for creators, including Spotify for Artists, which offers analytics and promotional resources for musicians, and Anchor, a podcast creation and distribution platform. The company’s applications are available on desktop, mobile devices, smart speakers, gaming consoles and in-car entertainment systems, ensuring a seamless listening experience across multiple touchpoints.

Founded in Stockholm in April 2006 by Daniel Ek and Martin Lorentzon, Spotify launched its service in October 2008 with the goal of providing a legal alternative to music piracy. Over the years, it has expanded its offerings through strategic acquisitions, including podcast production studios and audio technology firms. Spotify went public in April 2018 via a direct listing on the New York Stock Exchange under the ticker symbol SPOT.

Today, Spotify serves listeners in more than 180 markets around the world, with headquarters in Stockholm and New York City. Daniel Ek continues to lead the company as Chief Executive Officer, while co-founder Martin Lorentzon serves as Chairman. Spotify remains focused on innovation in audio streaming, monetization solutions for artists and creators, and personalized listening experiences for users globally.

Key Stats

• Today's Range: $697.78 to $721.67
• 50-Day Range: $620.42 to $737.28
• 52-Week Range: $362.31 to $785.00
• Volume: 1.33 million shs
• Average Volume: 2.17 million shs
• Market Capitalization: $144.22 billion
• P/E Ratio: 170.85
• Dividend Yield: N/A
• Price Target: $731.16
• Consensus Rating: Moderate Buy

Spotify Technology Stock Analysis - MarketRank™

Spotify Technology scored higher than 93% of companies evaluated by MarketBeat, and ranked 70th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Spotify Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 21 buy ratings, 11 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Spotify Technology is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Spotify Technology has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.18%

Earnings Growth

Earnings for Spotify Technology are expected to grow by 27.18% in the coming year, from $10.30 to $13.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Spotify Technology is 170.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 282.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spotify Technology is 170.15, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 452.32.

Price to Earnings Growth Ratio

Spotify Technology has a PEG Ratio of 3.13. 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 23.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.59% 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 3.5, 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 1.89%, indicating that investor sentiment is improving.

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.

Sustainability and ESG

• Score: 4.5 / 5
• Environmental Score: -0.66

Percentage of Shares Shorted

4.59% 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 3.5, 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 1.89%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.56

News Sentiment

Spotify Technology has a news sentiment score of 0.56. 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 0.79 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 98 news articles for Spotify Technology this week, compared to 35 articles on an average week.

Search Interest

51 people have searched for SPOT on MarketBeat in the last 30 days. This is an increase of 34% compared to the previous 30 days.

MarketBeat Follows

38 people have added Spotify Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 443% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Spotify Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 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.

SPOT Stock Analysis - Frequently Asked Questions

How have SPOT shares performed this year?

Spotify Technology's stock was trading at $447.38 on January 1st, 2025. Since then, SPOT stock has increased by 56.9% and is now trading at $701.9510.

How were Spotify Technology's earnings last quarter?

Spotify Technology (NYSE:SPOT) posted its earnings results on Tuesday, July, 29th. The company reported ($0.42) EPS for the quarter, missing analysts' consensus estimates of $2.00 by $2.42. The business's revenue was up 10.1% on a year-over-year basis.
Read the conference call transcript.

Does Spotify Technology have any subsidiaries?

The following companies are subsidiaries of Spotify Technology: Chartable, Podsights, Whooshkaa, Findaway, Podz Inc., Betty Labs Incorporated, Megaphone LLC, and more.

When did Spotify Technology IPO?

Spotify Technology (SPOT) raised $0 in an initial public offering (IPO) on Tuesday, April 3rd 2018. The company issued 0 shares at a price of $0.00 per share. None served as the underwriter for the IPO.

How do I buy shares of Spotify Technology?

Shares of SPOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Spotify Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Spotify Technology investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE) and Netflix (NFLX).

Company Calendar

• Last Earnings: 7/29/2025
• Today: 10/01/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Communication
• Current Symbol: NYSE:SPOT
• CIK: 1639920
• Web: www.spotify.com
• Phone: 46-7-022-046-07
• Fax: N/A
• Employees: 7,691
• Year Founded: 2006

Price Target and Rating

• Average Price Target for Spotify Technology: $731.16
• High Price Target: $900.00
• Low Price Target: $416.00
• Potential Upside/Downside: +1.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 33 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.12
• Trailing P/E Ratio: 173.60
• Forward P/E Ratio: 69.84
• P/E Growth: 3.13
• Net Income: $1.23 billion
• Net Margins: 4.76%
• Pretax Margin: 7.59%
• Return on Equity: 13.67%
• Return on Assets: 6.46%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.47
• Quick Ratio: 1.47

Sales & Book Value

• Annual Sales: $16.61 billion
• Price / Sales: 8.86
• Cash Flow: $6.76 per share
• Price / Cash Flow: 106.43
• Book Value: $30.03 per share
• Price / Book: 23.95

Miscellaneous

• Outstanding Shares: 204,707,000
• Free Float: 203,888,000
• Market Cap: $147.25 billion
• Optionable: Optionable
• Beta: 1.71