Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
434.20
-61.62 (-12.43%)
At close: Apr 28, 2026, 4:00 PM EDT
434.52
+0.32 (0.07%)
After-hours: Apr 28, 2026, 4:10 PM EDT
Spotify Technology Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Spotify Technology stock have an average target of 724.8, with a low estimate of 525 and a high estimate of 900. The average target predicts an increase of 66.93% from the current stock price of 434.20.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Spotify Technology stock from 25 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 10 | 10 | 11 | 10 |
| Buy | 14 | 14 | 14 | 13 | 13 | 11 |
| Hold | 7 | 5 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 31 | 28 | 28 | 27 | 28 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $740 → $745 | Buy | Maintains | $740 → $745 | +71.58% | Apr 15, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $650 → $640 | Buy | Maintains | $650 → $640 | +47.40% | Apr 13, 2026 |
| Barclays | Barclays | Buy Maintains $650 → $600 | Buy | Maintains | $650 → $600 | +38.19% | Apr 8, 2026 |
| Daiwa Capital | Daiwa Capital | Strong Buy Initiates $535 | Strong Buy | Initiates | $535 | +23.22% | Mar 26, 2026 |
| Guggenheim | Guggenheim | Strong Buy Maintains $720 → $600 | Strong Buy | Maintains | $720 → $600 | +38.19% | Feb 24, 2026 |
Financial Forecast
Revenue This Year
19.89B
from 17.19B
Increased by 15.74%
Revenue Next Year
22.55B
from 19.89B
Increased by 13.37%
EPS This Year
13.28
from 10.51
Increased by 26.37%
EPS Next Year
16.59
from 13.28
Increased by 24.93%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 20.9B | 24.0B | ||||||
| Avg | 19.9B | 22.6B | ||||||
| Low | 18.6B | 19.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 21.8% | 20.9% | ||||||
| Avg | 15.7% | 13.4% | ||||||
| Low | 8.2% | -3.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 20.61 | 23.81 | ||||||
| Avg | 13.28 | 16.59 | ||||||
| Low | 10.33 | 14.02 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 96.1% | 79.3% | ||||||
| Avg | 26.4% | 24.9% | ||||||
| Low | -1.7% | 5.6% |
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.