Spotify Technology (SPOT) Projected to Post Quarterly Earnings on Tuesday

Spotify Technology (NYSE:SPOT - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $2.34 per share and revenue of $4.29 billion for the quarter. Spotify Technology has set its Q2 2025 guidance at EPS.

Spotify Technology (NYSE:SPOT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $1.13 EPS for the quarter, missing the consensus estimate of $2.29 by ($1.16). Spotify Technology had a net margin of 7.19% and a return on equity of 22.53%. The firm had revenue of $4.41 billion during the quarter, compared to analysts' expectations of $4.22 billion. During the same quarter in the previous year, the company posted $0.97 EPS. Spotify Technology's revenue for the quarter was up 15.2% on a year-over-year basis. On average, analysts expect Spotify Technology to post $10 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Spotify Technology Trading Up 1.1%

Spotify Technology stock opened at $716.76 on Tuesday. Spotify Technology has a 12 month low of $288.07 and a 12 month high of $785.00. The business's 50 day simple moving average is $691.37 and its 200 day simple moving average is $604.73. The company has a market cap of $146.73 billion, a price-to-earnings ratio of 118.87, a PEG ratio of 1.88 and a beta of 1.68.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SPOT shares. JPMorgan Chase & Co. upped their price objective on Spotify Technology from $730.00 to $780.00 and gave the company an "overweight" rating in a research note on Friday. Benchmark increased their target price on Spotify Technology from $700.00 to $840.00 and gave the stock a "buy" rating in a research report on Thursday, July 10th. Morgan Stanley increased their target price on Spotify Technology from $700.00 to $850.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Loop Capital increased their target price on Spotify Technology from $435.00 to $550.00 and gave the stock a "hold" rating in a research report on Friday, May 2nd. Finally, DZ Bank downgraded Spotify Technology from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, June 13th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have given a buy rating to the stock. According to MarketBeat, Spotify Technology has a consensus rating of "Moderate Buy" and an average target price of $701.31.

Spotify Technology Company Profile

Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

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