Spotify Technology
(NYSE:SPOT)
$286.47
-2.55[-0.88%]
Last update: 9:44AM Get Real Time Here
Q1 2024 Earnings were released on Tue Apr 23rd, before the market open
The most recent conference call was at 8:00 AM, 3 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$400.00
Lowest Price Target1
$120.00
Consensus Price Target1
$285.60

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

Spotify Technology SA has a consensus price target of $285.6, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Macquarie, HSBC, and Morgan Stanley on April 24, 2024. With an average price target of $356.67 between Macquarie, HSBC, and Morgan Stanley, there's an implied 21.94% upside for Spotify Technology SA from these 3 analyst ratings.

Analyst Trend
7
2
Dec 23
3
1
Jan
7
Feb
1
Mar
22
3
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Macquarie
HSBC
Morgan Stanley
Guggenheim
B of A Securities

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Spotify Technology

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Get Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5017.95%Macquarie
Tim Nollen
$330 → $345MaintainsOutperformGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5021.37%HSBC
Joseph Thomas
$310 → $355MaintainsBuyGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5026.5%Morgan Stanley
Manan Gosalia
$350 → $370MaintainsOverweightGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5019.66%Guggenheim
Michael Morris
$290 → $350MaintainsBuyGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5026.5%B of A Securities
Jessica Reif Ehrlich
$315 → $370MaintainsBuyGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5019.66%Barclays
Kannan Venkateshwar
$335 → $350MaintainsOverweightGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5024.79%JP Morgan
Doug Anmuth
$320 → $365MaintainsOverweightGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.509.4%Piper Sandler
Matt Farrell
$300 → $320ReiteratesNeutral → NeutralGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.508.38%Goldman Sachs
Eric Sheridan
$277 → $317MaintainsNeutralGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.502.56%Loop Capital
Alan Gould
$250 → $300MaintainsHoldGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5026.5%Canaccord Genuity
Maria Ripps
$330 → $370MaintainsBuyGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5035.38%Rosenblatt
Barton Crockett
$315 → $396MaintainsBuyGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5028.21%Benchmark
Matthew Harrigan
$325 → $375MaintainsBuyGet Alert
04/24/2024SPOTBuy Now
Spotify Technology
$292.5036.75%Pivotal Research
Jeffrey Wlodarczak
$390 → $400MaintainsBuyGet Alert
04/22/2024SPOTBuy Now
Spotify Technology
$292.5012.82%Macquarie
Tim Nollen
$300 → $330MaintainsOutperformGet Alert
04/22/2024SPOTBuy Now
Spotify Technology
$292.50-14.53%Loop Capital
Alan Gould
$165 → $250MaintainsHoldGet Alert
04/22/2024SPOTBuy Now
Spotify Technology
$292.5019.66%Morgan Stanley
Manan Gosalia
$270 → $350MaintainsOverweightGet Alert
04/22/2024SPOTBuy Now
Spotify Technology
$292.5012.82%Canaccord Genuity
Maria Ripps
$315 → $330MaintainsBuyGet Alert
04/18/2024SPOTBuy Now
Spotify Technology
$292.5011.11%Benchmark
Matthew Harrigan
$290 → $325MaintainsBuyGet Alert

FAQ

Q

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

A

The latest price target for Spotify Technology (NYSE: SPOT) was reported by Macquarie on April 24, 2024. The analyst firm set a price target for $345.00 expecting SPOT to rise to within 12 months (a possible 20.43% upside). 90 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 Macquarie, and Spotify Technology maintained their outperform rating.

Q

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

A

The last upgrade for Spotify Technology SA happened on February 7, 2024 when DZ Bank raised their price target to $240. DZ Bank previously had a sell for Spotify Technology SA.

Q

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

A

The last downgrade for Spotify Technology SA happened on December 1, 2023 when Citigroup changed their price target from N/A to $190 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 April 24, 2024 so you should expect the next rating to be made available sometime around April 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 $330.00 to $345.00. The current price Spotify Technology (SPOT) is trading at is $286.47, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.