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NYSE:SPOTSpotify Price Target & Analyst Ratings

+12.59 (+4.86 %)
(As of 07/3/2020 04:00 PM ET)
Today's Range
Now: $271.49
50-Day Range
MA: $202.03
52-Week Range
Now: $271.49
Volume4.24 million shs
Average Volume2.07 million shs
Market Capitalization$48.66 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Spotify (NYSE:SPOT) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
26 Wall Street analysts have issued ratings and price targets for Spotify in the last 12 months. Their average twelve-month price target is $187.92, suggesting that the stock has a possible downside of 30.78%. The high price target for SPOT is $280.00 and the low price target for SPOT is $110.00. There are currently 4 sell ratings, 9 hold ratings and 13 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldBuyBuy
Consensus Rating Score: 2.352.352.522.53
Ratings Breakdown: 4 Sell Rating(s)
9 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
9 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
5 Hold Rating(s)
12 Buy Rating(s)
1 Strong Buy Rating(s)
2 Sell Rating(s)
6 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s)
Consensus Price Target: $187.92$162.52$160.42$160.65
Price Target Upside: 30.78% downside12.60% downside35.74% upside18.84% upside

Spotify (NYSE:SPOT) Consensus Price Target History

Average Share Price and Price Target by Month

The 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.

Spotify (NYSE:SPOT) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/1/2020Wells Fargo & CoBoost Price TargetUnderweight$130.00 ➝ $175.00Low
6/29/2020CitigroupInitiated CoverageNeutral$270.00Low
6/29/2020Morgan StanleyBoost Price TargetOverweight$190.00 ➝ $275.00Medium
6/29/2020GuggenheimDowngradeNeutral ➝ Sell$170.00 ➝ $223.00Medium
6/25/2020Goldman Sachs GroupBoost Price TargetBuy$205.00 ➝ $280.00High
6/19/2020Monness Crespi & HardtBoost Price TargetBuy$200.00 ➝ $275.00High
6/19/2020Rosenblatt SecuritiesBoost Price TargetBuy$190.00 ➝ $275.00High
5/28/2020Redburn PartnersDowngradeBuy ➝ Neutral$180.00Medium
4/30/2020NomuraReiterated RatingBuy$180.00Medium
4/30/2020CSFBBoost Price TargetNeutral$125.00 ➝ $130.00High
4/30/2020Credit Suisse GroupBoost Price TargetNeutral$125.00 ➝ $130.00Medium
4/30/2020UBS GroupBoost Price TargetBuy$172.00 ➝ $189.00Low
4/30/2020JPMorgan Chase & Co.Boost Price TargetOverweight$155.00 ➝ $185.00Medium
4/30/2020Canaccord GenuityReiterated RatingBuy$175.00 ➝ $185.00Medium
4/29/2020Pivotal ResearchReiterated RatingHold$140.00High
4/28/2020Stifel NicolausReiterated RatingBuy$175.00High
4/24/2020SunTrust BanksLower Price TargetBuy$172.00 ➝ $167.00Low
4/17/2020BarclaysReiterated RatingBuy$160.00Low
4/6/2020Raymond JamesDowngradeStrong-Buy ➝ Market PerformMedium
3/24/2020Sanford C. BernsteinUpgradeUnderperform ➝ Market Perform$124.00High
2/9/2020Royal Bank of CanadaReiterated RatingBuyMedium
2/5/2020Evercore ISILower Price TargetUnderperform$115.00 ➝ $110.00Low
1/9/2020Bernstein BankInitiated CoverageUnderperform$127.00Low
1/6/2020Nomura SecuritiesReiterated RatingBuy$180.00Medium
8/20/2019Consumer EdgeInitiated CoverageEqual WeightMedium
8/1/2019Loop CapitalUpgradeSell ➝ HoldLow
4/22/2019Buckingham ResearchLower Price TargetBuy ➝ Buy$174.00 ➝ $165.00Low
1/7/2019Deutsche BankLower Price TargetHold ➝ Hold$152.00 ➝ $135.00Medium
12/21/2018B. RileyReiterated RatingNeutral ➝ Neutral$200.00 ➝ $132.00Low
9/19/2018CfraReiterated RatingBuy$245.00Low
8/22/2018MKM PartnersBoost Price TargetBuy$200.00 ➝ $245.00Low
7/30/2018Bank of AmericaBoost Price TargetBuy$230.00High
7/23/2018BTIG ResearchInitiated CoverageBuy$230.00High
7/10/2018OppenheimerInitiated CoverageMarket PerformHigh
6/27/2018Nordea Equity ResearchInitiated CoverageBuyMedium
6/21/2018MacquarieInitiated CoverageOutperform$225.00Low
5/14/2018Cascend SecuritiesInitiated CoverageBuy$185.00Medium
4/3/2018GabelliInitiated CoverageHold ➝ Hold$130.00Low
3/28/2018Atlantic SecuritiesInitiated CoverageOverweightN/A
(Data available from 7/3/2018 forward)
This page was last updated on 7/3/2020 by MarketBeat.com Staff

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