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Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
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Stock market today: Global shares trade mostly lower ahead of updates on jobs, inflation
Economists predict US inflation will keep cooling and the economy can avoid a recession
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Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
At UN climate talks, fossil fuel interests have hundreds of employees on hand
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
Stock market today: Global shares trade mostly lower ahead of updates on jobs, inflation
Economists predict US inflation will keep cooling and the economy can avoid a recession
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
At UN climate talks, fossil fuel interests have hundreds of employees on hand
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
Stock market today: Global shares trade mostly lower ahead of updates on jobs, inflation
Economists predict US inflation will keep cooling and the economy can avoid a recession
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
At UN climate talks, fossil fuel interests have hundreds of employees on hand
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
Stock market today: Global shares trade mostly lower ahead of updates on jobs, inflation
Economists predict US inflation will keep cooling and the economy can avoid a recession
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
At UN climate talks, fossil fuel interests have hundreds of employees on hand

Spotify Technology (SPOT) Stock Forecast & Price Target

$180.69
-4.42 (-2.39%)
(As of 12/1/2023 08:55 PM ET)
Compare
Today's Range
$179.66
$183.34
50-Day Range
$148.95
$185.11
52-Week Range
$71.72
$185.59
Volume
1.63 million shs
Average Volume
1.82 million shs
Market Capitalization
$35.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$170.32

Spotify Technology Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 22 Analyst Ratings

Analysts' Consensus Price Target

$170.32
-5.74% Downside
High Forecast$250.00
Average Forecast$170.32
Low Forecast$95.00
TypeCurrent Forecast
12/4/22 to 12/4/23
1 Month Ago
11/4/22 to 11/4/23
3 Months Ago
9/5/22 to 9/5/23
1 Year Ago
12/4/21 to 12/4/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
14 Buy rating(s)
15 Buy rating(s)
12 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
5 Hold rating(s)
12 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$170.32$169.50$165.80$147.63
Predicted Upside-5.74% Downside15.48% Upside23.08% Upside32.26% Upside
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SPOT Analyst Ratings By Month

The 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.
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SPOT Price Targets 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Spotify Technology Stock vs. The Competition

TypeSpotify TechnologyBusiness Services CompaniesS&P 500
Consensus Rating Score
2.64
2.60
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-5.74% Downside490.40% Upside2,853.20% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/1/2023Citigroup
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 Reiterated RatingBuy ➝ Neutral$190.00+2.64%
10/25/2023Truist Financial
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 Boost TargetBuy ➝ Buy$176.00 ➝ $190.00+17.79%
10/25/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$190.00 ➝ $205.00+27.21%
10/25/2023Barclays
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 Boost TargetOverweight ➝ Overweight$182.00 ➝ $186.00+12.05%
10/25/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$190.00 ➝ $200.00+18.15%
10/25/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$170.00 ➝ $180.00+5.46%
10/25/2023KeyCorp
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 Boost TargetOverweight ➝ Overweight$205.00 ➝ $210.00+23.04%
10/23/2023Benchmark
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 Lower TargetBuy ➝ Buy$205.00 ➝ $195.00+30.09%
10/23/2023TD Cowen
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 Initiated CoverageMarket Perform$129.00-13.95%
10/9/2023Redburn Atlantic
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 DowngradeBuy ➝ Neutral$170.00 ➝ $160.00-0.33%
9/28/2023Monness Crespi & Hardt
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 DowngradeBuy ➝ Neutral
7/26/2023Loop Capital
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 Boost Target$130.00 ➝ $140.00-3.17%
7/26/2023Pivotal Research
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 Lower Target$145.00 ➝ $140.00-3.50%
7/26/2023Rosenblatt Securities
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 Boost TargetNeutral$141.00 ➝ $150.00+6.88%
7/26/2023Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$180.00+28.25%
7/25/2023The Goldman Sachs Group
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 Boost TargetNeutral$156.00 ➝ $163.00+16.14%
7/14/2023Piper Sandler
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 Boost Target$140.00 ➝ $165.00-6.68%
7/14/2023Wells Fargo & Company
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 Boost TargetOverweight$180.00 ➝ $250.00+46.16%
6/29/2023Bank of America
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 Boost Target$165.00 ➝ $185.00+15.24%
6/21/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$190.00+21.16%
6/5/2023Robert W. Baird
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 Boost Target$160.00 ➝ $175.00+15.33%
5/23/2023Guggenheim
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 Boost Target$165.00 ➝ $180.00+21.13%
4/26/2023VNET Group
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 Reiterated RatingMaintains
3/1/2023Redburn Partners
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 UpgradeNeutral ➝ Buy$140.00+20.01%
2/6/2023Atlantic Securities
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 UpgradeNeutral ➝ Overweight$160.00+32.05%
1/12/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold$115.00 ➝ $95.00+3.54%
1/5/2023UBS Group
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 Lower Target$142.00 ➝ $100.00+22.96%
(Data available from 12/4/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












SPOT Price Target - Frequently Asked Questions

What is Spotify Technology's consensus rating and price target?

According to the issued ratings of 22 analysts in the last year, the consensus rating for Spotify Technology stock is Moderate Buy based on the current 8 hold ratings and 14 buy ratings for SPOT. The average twelve-month price prediction for Spotify Technology is $170.32 with a high price target of $250.00 and a low price target of $95.00. Learn more on SPOT's analyst rating history.

Do Wall Street analysts like Spotify Technology more than its competitors?

Analysts like Spotify Technology more than other Business Services companies. The consensus rating score for Spotify Technology is 2.64 while the average consensus rating score for business services companies is 2.59. Learn more on how SPOT compares to other companies.

Is Spotify Technology being downgraded by Wall Street analysts?

Over the previous 90 days, Spotify Technology's stock had 2 downgrades by analysts.

Does Spotify Technology's stock price have much upside?

According to analysts, Spotify Technology's stock has a predicted upside of 14.73% based on their 12-month stock forecasts.

What analysts cover Spotify Technology?

Stock Ratings Reports and Tools

This page (NYSE:SPOT) was last updated on 12/4/2023 by MarketBeat.com Staff

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