Comments
Loading...

Spotify Technology

SPOTNYSE
Logo brought to you by Benzinga Data
$321.88
-7.07-2.15%
At Close: -
$321.56
-0.32-0.10%
After Hours: 7:16 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Tue Jul 23rd, before the market open
The most recent conference call was at 8:00 AM, 4 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$430.00
Lowest Price Target1
$120.00
Consensus Price Target1
$335.03

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

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

Spotify Technology SA has a consensus price target of $335.03 based on the ratings of 31 analysts. The high is $430 issued by Benchmark on July 24, 2024. The low is $120 issued by Credit Suisse on July 26, 2023. The 3 most-recent analyst ratings were released by Guggenheim, Barclays, and Morgan Stanley on July 24, 2024, respectively. With an average price target of $393.33 between Guggenheim, Barclays, and Morgan Stanley, there's an implied 22.32% upside for Spotify Technology SA from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Mar
10
3
Apr
1
May
1
Jun
6
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Guggenheim
Barclays
Morgan Stanley
Benchmark
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Spotify Technology

Buy NowGet Alert
07/24/2024Buy Now30.61%Guggenheim
Michael Morris
$400 → $420MaintainsBuyGet Alert
07/24/2024Buy Now11.95%Barclays
Kannan Venkateshwar
$350 → $360MaintainsOverweightGet Alert
07/24/2024Buy Now24.39%Morgan Stanley
Manan Gosalia
$370 → $400MaintainsOverweightGet Alert
07/24/2024Buy Now33.72%Benchmark
Matthew Harrigan
$405 → $430MaintainsBuyGet Alert
07/24/2024Buy Now32.17%JP Morgan
Doug Anmuth
$375 → $425MaintainsOverweightGet Alert
07/24/2024Buy Now10.71%TD Cowen
Doug Creutz
$273 → $356MaintainsHoldGet Alert
07/24/2024Buy Now24.08%Rosenblatt
Barton Crockett
$396 → $399MaintainsBuyGet Alert
07/24/2024Buy Now32.17%Goldman Sachs
Eric Sheridan
$320 → $425UpgradeNeutral → BuyGet Alert
07/23/2024Buy Now22.84%Macquarie
Tim Nollen
$345 → $395MaintainsOutperformGet Alert
07/22/2024Buy Now25.95%Benchmark
Matthew Harrigan
$405 → $405ReiteratesBuy → BuyGet Alert
07/12/2024Buy Now21.28%Wolfe Research
Devin Brisco
→ $390Initiates → OutperformGet Alert
07/11/2024Buy Now24.39%UBS
Batya Levi
$375 → $400MaintainsBuyGet Alert
07/11/2024Buy Now19.73%Jefferies
Andrew Uerkwitz
$242 → $385AssumesHold → BuyGet Alert
07/10/2024Buy Now27.5%Keybanc
Justin Patterson
$400 → $410MaintainsOverweightGet Alert
07/10/2024Buy Now-28.47%Redburn Atlantic
Agnieszka Pustula
→ $230DowngradeNeutral → SellGet Alert
07/02/2024Buy Now18.17%B of A Securities
Jessica Reif Ehrlich
$370 → $380MaintainsBuyGet Alert
06/04/2024Buy Now16.62%JP Morgan
Doug Anmuth
$365 → $375MaintainsOverweightGet Alert
06/04/2024Buy Now23.15%Rosenblatt
Barton Crockett
$396 → $396MaintainsBuyGet Alert
05/07/2024Buy Now-3.6%Citigroup
Jason Bazinet
$255 → $310MaintainsNeutralGet Alert
04/24/2024Buy Now7.29%Macquarie
Tim Nollen
$330 → $345MaintainsOutperformGet Alert
04/24/2024Buy Now10.4%HSBC
Joseph Thomas
$310 → $355MaintainsBuyGet Alert
04/24/2024Buy Now15.06%Morgan Stanley
Manan Gosalia
$350 → $370MaintainsOverweightGet Alert
04/24/2024Buy Now8.84%Guggenheim
Michael Morris
$290 → $350MaintainsBuyGet Alert
04/24/2024Buy Now15.06%B of A Securities
Jessica Reif Ehrlich
$315 → $370MaintainsBuyGet Alert
04/24/2024Buy Now8.84%Barclays
Kannan Venkateshwar
$335 → $350MaintainsOverweightGet Alert
04/24/2024Buy Now13.51%JP Morgan
Doug Anmuth
$320 → $365MaintainsOverweightGet Alert
04/24/2024Buy Now-0.49%Piper Sandler
Matt Farrell
$300 → $320ReiteratesNeutral → NeutralGet Alert
04/24/2024Buy Now-1.42%Goldman Sachs
Eric Sheridan
$277 → $317MaintainsNeutralGet Alert
04/24/2024Buy Now-6.71%Loop Capital
Alan Gould
$250 → $300MaintainsHoldGet Alert
04/24/2024Buy Now15.06%Canaccord Genuity
Maria Ripps
$330 → $370MaintainsBuyGet Alert
04/24/2024Buy Now23.15%Rosenblatt
Barton Crockett
$315 → $396MaintainsBuyGet Alert
04/24/2024Buy Now16.62%Benchmark
Matthew Harrigan
$325 → $375MaintainsBuyGet Alert
04/24/2024Buy Now24.39%Pivotal Research
Jeffrey Wlodarczak
$390 → $400MaintainsBuyGet Alert
04/22/2024Buy Now2.62%Macquarie
Tim Nollen
$300 → $330MaintainsOutperformGet Alert
04/22/2024Buy Now-22.25%Loop Capital
Alan Gould
$165 → $250MaintainsHoldGet Alert
04/22/2024Buy Now8.84%Morgan Stanley
Manan Gosalia
$270 → $350MaintainsOverweightGet Alert
04/22/2024Buy Now2.62%Canaccord Genuity
Maria Ripps
$315 → $330MaintainsBuyGet Alert
04/18/2024Buy Now1.07%Benchmark
Matthew Harrigan
$290 → $325MaintainsBuyGet Alert
04/17/2024Buy Now5.73%Deutsche Bank
Benjamin Black
$260 → $340MaintainsBuyGet Alert
04/17/2024Buy Now-13.86%Goldman Sachs
Eric Sheridan
$235 → $277MaintainsNeutralGet Alert
04/15/2024Buy Now-0.49%Raymond James
Andrew Marok
$260 → $320MaintainsOutperformGet Alert
04/12/2024Buy Now8.84%Keybanc
Justin Patterson
$300 → $350MaintainsOverweightGet Alert
04/10/2024Buy Now4.18%Barclays
Kannan Venkateshwar
$270 → $335MaintainsOverweightGet Alert
04/08/2024Buy Now-0.49%JP Morgan
Doug Anmuth
$280 → $320MaintainsOverweightGet Alert
04/05/2024Buy Now16.62%UBS
Batya Levi
$274 → $375MaintainsBuyGet Alert
04/05/2024Buy Now21.28%Pivotal Research
Jeffrey Wlodarczak
$330 → $390MaintainsBuyGet Alert
03/20/2024Buy Now-2.04%B of A Securities
Jessica Reif Ehrlich
$265 → $315MaintainsBuyGet Alert
02/07/2024Buy Now-16.03%Morgan Stanley
Manan Gosalia
$250 → $270MaintainsOverweightGet Alert
02/07/2024Buy Now2.62%Pivotal Research
Jeffrey Wlodarczak
$265 → $330MaintainsBuyGet Alert
02/07/2024Buy Now-9.82%Benchmark
Matthew Harrigan
$260 → $290MaintainsBuyGet Alert
02/07/2024Buy Now-6.71%Macquarie
Tim Nollen
$232 → $300Reiterates → OutperformGet Alert
02/07/2024Buy Now-2.04%Rosenblatt
Barton Crockett
$300 → $315MaintainsBuyGet Alert
02/07/2024Buy Now-25.36%DZ Bank
Markus Leistner
→ $240UpgradeSell → HoldGet Alert
02/07/2024Buy Now-12.92%JP Morgan
Doug Anmuth
$220 → $280MaintainsOverweightGet Alert
02/07/2024Buy Now-6.71%Keybanc
Justin Patterson
$255 → $300MaintainsOverweightGet Alert
01/31/2024Buy Now-12.92%Wells Fargo
Steven Cahall
$250 → $280MaintainsOverweightGet Alert
01/30/2024Buy Now-14.79%UBS
Batya Levi
$170 → $274UpgradeNeutral → BuyGet Alert
01/09/2024Buy Now-39.36%Goldman Sachs
Eric Sheridan
$171 → $195MaintainsNeutralGet Alert
01/02/2024Buy Now-19.14%Benchmark
Mark Zgutowicz
$202 → $260MaintainsBuyGet Alert
12/21/2023Buy Now-17.59%Pivotal Research
Jeffrey Wlodarczak
$170 → $265UpgradeHold → BuyGet Alert
12/11/2023Buy Now-31.58%Raymond James
Andrew Marok
$180 → $220MaintainsOutperformGet Alert
12/11/2023Buy Now-6.71%Rosenblatt
Barton Crockett
$150 → $300UpgradeNeutral → BuyGet Alert
12/08/2023Buy Now-30.03%Baird
Vikram Kesavabhotla
$185 → $225MaintainsOutperformGet Alert
12/08/2023Buy Now-53.35%Rosenblatt
Barton Crockett
→ $150ReiteratesNeutral → NeutralGet Alert
12/08/2023Buy Now-32.83%Barclays
Mario Lu
$186 → $216MaintainsOverweightGet Alert
12/05/2023Buy Now-28.47%Morgan Stanley
Manan Gosalia
$200 → $230MaintainsOverweightGet Alert
12/05/2023Buy Now-20.7%Keybanc
Justin Patterson
$210 → $255MaintainsOverweightGet Alert
12/01/2023Buy Now-40.91%Citigroup
Jason Bazinet
→ $190DowngradeBuy → NeutralGet Alert
10/25/2023Buy Now-36.25%JP Morgan
Doug Anmuth
$190 → $205MaintainsOverweightGet Alert
10/25/2023Buy Now-40.91%Truist Securities
Matthew Thornton
$176 → $190MaintainsBuyGet Alert
10/25/2023Buy Now-42.16%Barclays
Mario Lu
$182 → $186MaintainsOverweightGet Alert
10/25/2023Buy Now-37.18%Benchmark
Mark Zgutowicz
$195 → $202MaintainsBuyGet Alert
10/25/2023Buy Now-37.8%Morgan Stanley
Manan Gosalia
$190 → $200MaintainsOverweightGet Alert
10/25/2023Buy Now-34.69%Keybanc
Justin Patterson
$205 → $210MaintainsOverweightGet Alert
10/25/2023Buy Now-44.02%Raymond James
Andrew Marok
$170 → $180MaintainsOutperformGet Alert
10/23/2023Buy Now-39.36%Benchmark
Mark Zgutowicz
$205 → $195MaintainsBuyGet Alert
10/23/2023Buy Now-59.88%TD Cowen
Doug Creutz
→ $129Initiates → Market PerformGet Alert
10/12/2023Buy Now-40.91%Morgan Stanley
Manan Gosalia
$185 → $190MaintainsOverweightGet Alert
10/09/2023Buy Now-50.24%Redburn Atlantic
Agnieszka Pustula
$170 → $160DowngradeBuy → NeutralGet Alert
10/04/2023Buy Now-36.25%Benchmark
Mark Zgutowicz
→ $205ReiteratesBuy → BuyGet Alert
10/02/2023Buy Now-45.27%Truist Securities
Matthew Thornton
→ $170ReiteratesBuy → BuyGet Alert
09/28/2023Buy NowMonness, Crespi, Hardt
Brian White
DowngradeBuy → NeutralGet Alert
09/27/2023Buy Now-36.25%Benchmark
Mark Zgutowicz
→ $205ReiteratesBuy → BuyGet Alert
09/06/2023Buy Now-45.27%Truist Securities
Matthew Thornton
$165 → $176MaintainsBuyGet Alert
07/31/2023Buy Now-42.47%Morgan Stanley
Manan Gosalia
$185 → $185ReiteratesOverweight → OverweightGet Alert
07/26/2023Buy Now-42.47%Morgan Stanley
Manan Gosalia
$185 → $185ReiteratesOverweight → OverweightGet Alert
07/26/2023Buy Now-36.25%Benchmark
Mark Zgutowicz
→ $205ReiteratesBuy → BuyGet Alert
07/26/2023Buy Now-62.68%Credit Suisse
Douglas Mitchelson
→ $120ReiteratesNeutral → NeutralGet Alert
07/26/2023Buy Now-53.35%Rosenblatt
Barton Crockett
$141 → $150MaintainsNeutralGet Alert
07/26/2023Buy Now-44.02%Deutsche Bank
Benjamin Black
→ $180UpgradeHold → BuyGet Alert
07/26/2023Buy Now-43.4%Barclays
Mario Lu
$180 → $182MaintainsOverweightGet Alert
07/26/2023Buy Now-49.31%Goldman Sachs
Eric Sheridan
$156 → $163MaintainsNeutralGet Alert
07/24/2023Buy Now-42.47%Morgan Stanley
Manan Gosalia
$185 → $185ReiteratesOverweight → OverweightGet Alert
07/20/2023Buy Now-36.25%Benchmark
Mark Zgutowicz
$160 → $205MaintainsBuyGet Alert
07/17/2023Buy Now-42.47%Morgan Stanley
Manan Gosalia
$185 → $185ReiteratesOverweight → OverweightGet Alert
07/14/2023Buy Now-22.25%Wells Fargo
Steven Cahall
$180 → $250MaintainsOverweightGet Alert
07/14/2023Buy Now-36.25%Keybanc
Justin Patterson
$180 → $205MaintainsOverweightGet Alert
07/13/2023Buy Now-42.47%Morgan Stanley
Manan Gosalia
$170 → $185MaintainsOverweightGet Alert
07/12/2023Buy Now-47.13%Raymond James
Andrew Marok
$155 → $170MaintainsOutperformGet Alert
06/29/2023Buy Now-42.47%B of A Securities
Jessica Reif Ehrlich
$165 → $185MaintainsBuyGet Alert

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 Guggenheim on July 24, 2024. The analyst firm set a price target for $420.00 expecting SPOT to rise to within 12 months (a possible 30.61% upside). 85 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 Guggenheim, and Spotify Technology maintained their buy 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 July 24, 2024 so you should expect the next rating to be made available sometime around July 24, 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 $400.00 to $420.00. The current price Spotify Technology (SPOT) is trading at is $321.56, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.