Spotify Technology (SPOT) Stock Forecast & Price Target $432.74 -8.85 (-2.00%) Closing price 03:59 PM EasternExtended Trading$432.82 +0.07 (+0.02%) As of 06:37 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock Spotify Technology - Analysts' Recommendations and Stock Price Forecast (2026) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating Moderate BuyBased on 29 Analyst RatingsSell0Hold5Buy24 Based on 29 Wall Street analysts who have issued ratings for Spotify Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 29 analysts, 5 have given a hold rating, 22 have given a buy rating, and 2 have given a strong buy rating for SPOT. Consensus Price Target $645.7749.23% Upside According to the 29 analysts' twelve-month price targets for Spotify Technology, the average price target is $645.77. The highest price target for SPOT is $900.00, while the lowest price target for SPOT is $400.00. The average price target represents a forecasted upside of 49.23% from the current price of $432.74. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Get the Latest News and Ratings for SPOT and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Spotify Technology and its competitors. Sign Up View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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SPOT Analyst Ratings Over TimeTypeCurrent Forecast5/20/25 to 5/20/261 Month Ago4/20/25 to 4/20/263 Months Ago2/19/25 to 2/19/261 Year Ago5/20/24 to 5/20/25Strong Buy2 Strong Buy rating(s)2 Strong Buy rating(s)2 Strong Buy rating(s)0 Strong Buy rating(s)Buy22 Buy rating(s)24 Buy rating(s)24 Buy rating(s)20 Buy rating(s)Hold5 Hold rating(s)7 Hold rating(s)8 Hold rating(s)8 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$645.77$690.17$706.42$609.07Forecasted Upside49.23% Upside28.52% Upside45.61% Upside-7.51% DownsideConsensus RatingModerate BuyModerate BuyModerate BuyModerate Buy SPOT Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History SPOT Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Spotify Technology Stock vs. The CompetitionTypeSpotify TechnologyComputer and Technology CompaniesBroader MarketConsensus Rating Score 2.90 2.30 2.52Consensus RatingModerate BuyHoldModerate BuyPredicted Upside49.44% Upside156.04% Upside16.75% UpsideNews Sentiment RatingPositive NewsSee Recent SPOT NewsNeutral NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails5/4/2026 Weiss RatingsNot Rated UpgradeHold (C) ➝ Hold (C+)4/30/2026 UBS Group4 of 5 starsBatya Levi2 of 5 starsLower TargetBuy$760.00 ➝ $735.00+64.75%4/29/2026 Canaccord Genuity Group4 of 5 starsMaria Ripps2 of 5 starsLower TargetBuy$750.00 ➝ $720.00+61.38%4/29/2026 JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the firm's recommendation accuracy ratingDoug AnmuthSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOverweight$700.00 ➝ $600.00+34.49%4/29/2026 BenchmarkSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMark ZgutowiczSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetBuy$760.00 ➝ $695.00+54.68%4/29/2026 The Goldman Sachs GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingEric SheridanSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetBuy$670.00 ➝ $600.00+35.79%4/29/2026 Citizens JmpSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMatthew CondonSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingMarket Outperform$800.00 ➝ $600.00+35.49%4/29/2026 GuggenheimSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMichael MorrisSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetBuy$600.00 ➝ $565.00+27.59%4/29/2026 Wells Fargo & CompanySubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingSteven CahallSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOverweight$640.00 ➝ $580.00+29.90%4/29/2026 Cantor FitzgeraldSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingDeepak MathivananSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetNeutral$525.00 ➝ $430.00-2.48% Get the Latest News and Ratings for SPOT and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Spotify Technology and its competitors with MarketBeat's FREE daily newsletter. 4/29/2026 BarclaysSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingKannan VenkateshwarSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOverweight$600.00 ➝ $500.00+13.39%4/29/2026 Pivotal ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetHold$420.00 ➝ $400.00-8.09%4/29/2026 KeyCorpSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJustin PattersonSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOverweight$745.00 ➝ $680.00+56.08%4/29/2026 Rosenblatt SecuritiesSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBarton CrockettSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetNeutral ➝ Buy$670.00 ➝ $500.00+15.27%4/13/2026 Morgan StanleySubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Initiated CoverageOverweight$630.00+27.63%3/26/2026 Daiwa Securities GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Initiated CoverageOutperform$535.00+13.07%2/26/2026 Arete ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeNeutral ➝ Buy$586.00+26.45%1/30/2026 CitigroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJason BazinetSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeNeutral ➝ Buy$650.00+29.19%1/27/2026 Moffett NathansonSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Initiated CoverageNeutral$487.00-4.88%1/14/2026 Sanford C. BernsteinSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingIan MooreSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOutperform$830.00 ➝ $650.00+23.79%12/5/2025 Erste Group BankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeBuy ➝ Hold11/10/2025 Phillip SecuritiesSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold ➝ Moderate Buy11/4/2025 DZ BankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold ➝ Strong-Buy9/29/2025 ArgusSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJoseph BonnerSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoverageBuy$845.00+18.04%9/16/2025 BNP Paribas ExaneSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeStrong-Buy8/18/2025 OppenheimerSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJason HelfsteinSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$750.00 ➝ $825.00+13.21%7/23/2025 Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBenjamin BlackSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetBuy$700.00 ➝ $775.00+15.78%6/26/2025 Bank of AmericaSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJessica Reif EhrlichSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetBuy$700.00 ➝ $900.00+17.01%6/16/2025 EvercoreSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMark MahaneySubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$650.00 ➝ $750.00+4.05%5/2/2025 Loop CapitalSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingAlan GouldSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetHold$435.00 ➝ $550.00-14.43%5/1/2025 Robert W. BairdSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingVikram KesavabhotlaSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$700.00 ➝ $730.00+18.74%4/25/2025 Macquarie InfrastructureSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingTim NollenSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOutperform$600.00 ➝ $665.00+9.87%4/21/2025 Wolfe ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingD. BriscoSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradePeer Perform ➝ Outperform$660.00+14.81%3/28/2025 FBN SecuritiesSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingM. ThorntonSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoverageSector Perform$645.00+11.16%3/26/2025 China RenaissanceSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingYiwen ZhangSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoverageBuy$740.00+20.16%3/11/2025 Rothschild & Co RedburnSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingHamilton FaberSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingInitiated CoverageStrong Sell ➝ Neutral$230.00 ➝ $545.00+8.04%11/13/2024 TD CowenSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetHold$356.00 ➝ $416.00-10.70%11/13/2024 Piper SandlerSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetNeutral$330.00 ➝ $450.00-4.44%7/11/2024 Jefferies Financial GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Reiterated RatingHold ➝ Buy$242.00 ➝ $385.00+26.23%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:41 PM ET. Should I Buy Spotify Technology Stock? SPOT Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, May 14, 2026. Please send any questions or comments about these Spotify Technology pros and cons to contact@marketbeat.com. Spotify Technology Bull Case Here are some ways that investors could benefit from investing in Spotify Technology S.A.: The company recently reported strong earnings, exceeding analysts' expectations with a significant earnings per share (EPS) increase, indicating robust financial health. Spotify Technology S.A. is gaining traction in the AI-generated audio space, positioning itself as a leader in innovative audio content, which could attract more users and increase revenue. The current stock price is around $441, which may present a buying opportunity for investors looking to enter at a lower valuation compared to its 52-week high. With a market capitalization of approximately $90.97 billion, Spotify Technology S.A. has substantial resources to invest in growth initiatives and new technologies. The company has shown a year-over-year revenue growth of 8.2%, suggesting a positive trend in user engagement and monetization strategies. Spotify Technology Bear Case Investors should be bearish about investing in Spotify Technology S.A. for these reasons: Recent insider selling by the CEO, which involved a significant number of shares, could raise concerns about the company's future prospects and management confidence. Ongoing legal investigations, such as the one announced by Pomerantz LLP, may create uncertainty and negatively impact investor sentiment. Despite recent revenue growth, the company faces intense competition in the streaming market, which could pressure margins and market share. Investor interest has increased, but this does not necessarily translate to improved business fundamentals, leading to potential volatility in stock performance. The stock has experienced fluctuations, with a notable decline from its 52-week high, which may deter risk-averse investors. SPOT Forecast - Frequently Asked Questions What is Spotify Technology's forecast for 2026? According to the research reports of 29 Wall Street equities research analysts, the average twelve-month stock price forecast for Spotify Technology is $645.77, with a high forecast of $900.00 and a low forecast of $400.00. Should I buy or sell Spotify Technology stock right now? 29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spotify Technology in the last twelve months. There are currently 5 hold ratings, 22 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SPOT shares. Does Spotify Technology's stock price have much upside? According to analysts, Spotify Technology's stock has a predicted upside of 49.23% based on their 12-month stock forecasts. Has Spotify Technology been upgraded or downgraded by Wall Street analysts recently? Over the previous 90 days, Spotify Technology's stock had 2 upgrades and 1 downgrade by analysts. What analysts cover Spotify Technology? Spotify Technology has been rated by research analysts at Arete Research, Barclays, Benchmark, Canaccord Genuity Group, Cantor Fitzgerald, Citizens Jmp, Daiwa Securities Group, Guggenheim, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Pivotal Research, Rosenblatt Securities, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days. Do Wall Street analysts like Spotify Technology more than its competitors? Analysts like Spotify Technology more than other "computer and technology" companies. The consensus rating for Spotify Technology is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how SPOT compares to other companies. Stock Forecasts and Research Tools Related Companies AAPL Stock Forecast AMZN Stock Forecast GOOG Stock Forecast GOOGL Stock Forecast META Stock Forecast NFLX Stock Forecast TMUS Stock Forecast AMX Stock Forecast WBD Stock Forecast VOD Stock Forecast Today's Analyst Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Brokerages With Spotify Technology RecommendationsWall Street ZenWeiss RatingsUBS GroupGuggenheimBarclaysCantor FitzgeraldBenchmarkKeyCorpRosenblatt SecuritiesThe Goldman Sachs GroupCanaccord Genuity GroupJPMorgan Chase & Co.Pivotal ResearchWells Fargo & CompanyCitizens Jmp This page (NYSE:SPOT) was last updated on 5/20/2026 by MarketBeat.com Staff. 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