Spotify Technology S.A. SPOT
622.30 USD +22.16 (+3.69%)
Nov 4, 2026, 9:46 AM EST
606.45 Day range 623.54
412.75 52-week range 647.87
- YTD
- +7.16%
- 1 year
- -1.16%
- Market cap
- 128.19B
- Revenue (ttm)
- 18.81B
- Profit margin
- 15.73%
- EPS (ttm)
- 16.41
- Shares out
- 205.62M
- P/E ratio
- 37.99
- Forward P/E
- 35.06
- YTD return
- +7.16%
- 1-year return
- -1.16%
- Volume
- 217.73K
- Avg volume
- 1.66M
- Open
- 588.59
- Previous close
- 600.15
- Day's range
- 606.45 – 623.54
- 52-week range
- 412.75 – 647.87
- Beta
- 1.46
- Analysts
- Buy
- Price target
- 643.69 (+3.4%)
- Earnings date
- Feb 9, 2027
5D +82.93 (+15.35%)
Key statistics
- Enterprise value
- 115.46B
- PEG ratio
- 1.57
- Price / sales
- 6.56
- Price / book
- 12.56
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 16.30%
- Free cash flow
- 1.42B
- Total cash
- 7.08B
- Total debt
- 452.00M
- Return on equity
- 35.81%
- Short % of float
- 2.20%
- 50-day average
- 531.79
- 200-day average
- 497.69
Analyst view
Consensus: buy
Buy
Price target (mean) 643.69 +3.4% upside
Now 622.30
- Target (low)
- 458.87
- Target (mean)
- 643.69
- Target (high)
- 749.41
Ratings (0m) 41 32 buy · 9 hold · 0 sell
- Strong buy11
- Buy21
- Hold9
- Sell0
- Strong sell0
Next earnings
Feb 9, 2027
Expected Feb 9, 2027. Consensus EPS estimate 3.28.
Financials — quick view
SPOT Revenue — quarterly 4.97B
SPOT Net income — quarterly 518.00M
SPOT EPS — quarterly 2.52
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 9, 2027 | Dec 30, 2026 | 3.71 | — | — | — |
| Oct 22, 2026 | Sep 30, 2026 | 3.18 | 2.81 | -0.37 | -11.64% |
| Aug 4, 2026 | Jun 30, 2026 | 3.16 | 3.03 | -0.13 | -4.11% |
| Apr 28, 2026 | Mar 31, 2026 | 3.43 | 4.04 | +0.61 | +17.78% |
| Feb 10, 2026 | Dec 31, 2025 | 3.21 | 5.16 | +1.95 | +60.75% |
| Nov 4, 2025 | Sep 30, 2025 | 2.29 | 3.83 | +1.54 | +67.25% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 23, 2026 | Morgan Stanley | main | Overweight | Overweight |
| Oct 23, 2026 | Oppenheimer | main | Outperform | Outperform |
| Oct 23, 2026 | Piper Sandler | reit | Neutral | Neutral |
| Oct 23, 2026 | JP Morgan | main | Overweight | Overweight |
| Oct 23, 2026 | Evercore ISI Group | main | Outperform | Outperform |
| Oct 23, 2026 | Wells Fargo | main | Overweight | Overweight |
About Spotify Technology S.A.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Country
- Sweden
- Website
- spotify.com
News
Price Prediction: Spotify Will Hit $1,000 on This Date 
Streaming Success: Fox Corp Channels Tubi For Q1 Earnings Beat 
RDDT vs. SPOT: Which Stock Is the Better Value Option? 
Spotify Climbs 6% on Report of Paid AI Remix Service; Sirius XM Edges Higher, Warner Music and Netflix Hold Steady 
Spotify Stock Is Down 26%. Should You Buy the Dip, or Run for the Hills? 
Spotify targets 2027 launch for AI remix service, FT reports 
Spotify Stock Rises 6% Despite Reporting Earnings Miss in Q3 
Is Trending Stock Spotify Technology (SPOT) a Buy Now? 
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Enphase Energy, F5, Marvell Technology, MSG Rangers, Pentair, Silicon Motion Technology, Spotify Technology, Texas Instruments, Whirlpool, and More 
Morgan Stanley Maintains Overweight on Spotify Technology, Raises Price Target to $700
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| JENKINS DUSTEE | Officer | Stock Award(Grant) | Sep 30, 2026 | 41,007 |
| LORENTZON SVEN HANS MARTIN | Director | Sale | May 21, 2026 | 19,006,400 |
| LUNDSTROM ANNA | Officer | Stock Award(Grant) | Apr 30, 2026 | 17,500 |
| MARSHALL CHRISTOPHER P | Director | Stock Award(Grant) | May 27, 2026 | 1,077,370 |
| MCCARTHY BARRY C | Director | Conversion of Exercise of derivative security | May 3, 2026 | 0 |
| NORSTROM ALEX | Chief Executive Officer | Sale | Aug 2, 2026 | 66,773 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 5.29% | 10,890,937 | 6.54B | Jun 29, 2026 |
| BAILLIE GIFFORD & CO | 3.85% | 7,928,451 | 4.76B | Jun 29, 2026 |
| Morgan Stanley | 3.60% | 7,418,358 | 4.45B | Jun 29, 2026 |
| State Street Corporation | 2.25% | 4,633,537 | 2.78B | Jun 29, 2026 |
| Price (T.Rowe) Associates Inc | 1.75% | 3,596,492 | 2.16B | Jun 29, 2026 |
| Wellington Management Group, LLP | 1.51% | 3,111,553 | 1.87B | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD WORLD FUND-Vanguard International Growth Fund | 1.09% | 2,246,714 | 1.35B | Aug 30, 2026 |
| BARON SELECT FUNDS-Baron Partners Fund | 0.62% | 1,280,900 | 768.73M | Jun 29, 2026 |
| VANGUARD WELLINGTON FUND | 0.57% | 1,165,627 | 699.55M | Aug 30, 2026 |
| iShares Trust-iShares Core MSCI EAFE ETF | 0.54% | 1,113,560 | 668.30M | Sep 29, 2026 |
| INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund | 0.53% | 1,084,610 | 650.92M | Jun 29, 2026 |
| AMERICAN FUNDS INSURANCE SERIES-Eupac Fund | 0.52% | 1,068,244 | 641.10M | Sep 29, 2026 |