Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
534.09
+14.13 (2.72%)
Mar 4, 2026, 4:00 PM EST - Market closed
Spotify Technology Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for Spotify Technology stock have an average target of 731.3, with a low estimate of 525 and a high estimate of 900. The average target predicts an increase of 36.92% from the current stock price of 534.09.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Spotify Technology stock from 27 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 9 | 10 | 10 |
| Buy | 14 | 14 | 14 | 14 | 14 | 13 |
| Hold | 7 | 7 | 7 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 31 | 31 | 31 | 28 | 28 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $720 → $600 | Strong Buy | Maintains | $720 → $600 | +12.34% | Feb 24, 2026 |
| Guggenheim | Guggenheim | Strong Buy Maintains $750 → $720 | Strong Buy | Maintains | $750 → $720 | +34.81% | Feb 11, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $750 → $700 | Buy | Maintains | $750 → $700 | +31.06% | Feb 11, 2026 |
| Barclays | Barclays | Buy Maintains $625 → $650 | Buy | Maintains | $625 → $650 | +21.70% | Feb 11, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $615 → $525 | Hold | Maintains | $615 → $525 | -1.70% | Feb 11, 2026 |
Financial Forecast
Revenue This Year
19.88B
from 17.19B
Increased by 15.65%
Revenue Next Year
22.62B
from 19.88B
Increased by 13.81%
EPS This Year
13.26
from 10.51
Increased by 26.20%
EPS Next Year
16.58
from 13.26
Increased by 24.97%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 21.0B | 24.0B | |||
| Avg | 19.9B | 22.6B | |||
| Low | 18.6B | 20.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 22.0% | 21.0% | |||
| Avg | 15.7% | 13.8% | |||
| Low | 8.2% | 5.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 20.61 | 23.81 | |||
| Avg | 13.26 | 16.58 | |||
| Low | 10.33 | 14.02 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 96.1% | 79.5% | |||
| Avg | 26.2% | 25.0% | |||
| Low | -1.7% | 5.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.