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Spotify Technology

SPOTNYSE
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$343.97
1.820.53%
At Close: -
$343.97
00.00%
After Hours: 4:04 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$460.00
Lowest Price Target1
$120.00
Consensus Price Target1
$340.03

Spotify Technology (NYSE:SPOT) Stock, Analyst Ratings, Price Targets, Forecasts

Spotify Technology SA has a consensus price target of $340.03 based on the ratings of 33 analysts. The high is $460 issued by Evercore ISI Group on August 29, 2024. The low is $120 issued by Credit Suisse on July 26, 2023. The 3 most-recent analyst ratings were released by Keybanc, Cantor Fitzgerald, and Evercore ISI Group on September 16, 2024, September 5, 2024, and August 29, 2024, respectively. With an average price target of $413.33 between Keybanc, Cantor Fitzgerald, and Evercore ISI Group, there's an implied 20.17% upside for Spotify Technology SA from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
1
Jun
6
1
Jul
1
Aug
1
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keybanc
Cantor Fitzgerald
Evercore ISI Group
Guggenheim
Barclays

1calculated from analyst ratings

Analyst Ratings for Spotify Technology

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FAQ

Q

What is the target price for Spotify Technology (SPOT) stock?

A

The latest price target for Spotify Technology (NYSE:SPOT) was reported by Keybanc on September 16, 2024. The analyst firm set a price target for $440.00 expecting SPOT to rise to within 12 months (a possible 27.92% upside). 86 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Spotify Technology (SPOT)?

A

The latest analyst rating for Spotify Technology (NYSE:SPOT) was provided by Keybanc, and Spotify Technology maintained their overweight rating.

Q

When was the last upgrade for Spotify Technology (SPOT)?

A

The last upgrade for Spotify Technology SA happened on July 24, 2024 when Goldman Sachs raised their price target to $425. Goldman Sachs previously had a neutral for Spotify Technology SA.

Q

When was the last downgrade for Spotify Technology (SPOT)?

A

The last downgrade for Spotify Technology SA happened on July 10, 2024 when Redburn Atlantic changed their price target from N/A to $230 for Spotify Technology SA.

Q

When is the next analyst rating going to be posted or updated for Spotify Technology (SPOT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Spotify Technology, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Spotify Technology was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.

Q

Is the Analyst Rating Spotify Technology (SPOT) correct?

A

While ratings are subjective and will change, the latest Spotify Technology (SPOT) rating was a maintained with a price target of $420.00 to $440.00. The current price Spotify Technology (SPOT) is trading at is $343.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.