Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
460.02
+18.81 (4.26%)
At close: Jun 26, 2026, 4:00 PM EDT
460.48
+0.46 (0.10%)
After-hours: Jun 26, 2026, 7:52 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 605.24, with a low estimate of 400 and a high estimate of 750. The average target predicts an increase of 31.57% from the current stock price of 460.02.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Spotify Technology stock from 40 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 25 | 25 | 24 | 24 | 24 |
| Buy | 10 | 9 | 10 | 10 | 10 | 10 |
| Hold | 6 | 7 | 7 | 7 | 7 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 41 | 41 | 42 | 41 | 41 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $482 → $610 | Buy | Maintains | $482 → $610 | +32.60% | Jun 15, 2026 |
| Barclays | Barclays | Buy Maintains $565 | Buy | Maintains | $565 | +22.82% | Jun 12, 2026 |
| Citi | Citi | Buy Maintains $620 | Buy | Maintains | $620 | +34.78% | Jun 12, 2026 |
| KeyBanc | KeyBanc | Buy Maintains $680 | Buy | Maintains | $680 | +47.82% | Jun 11, 2026 |
| Bernstein | Bernstein | Buy Maintains $625 | Buy | Maintains | $625 | +35.86% | Jun 10, 2026 |
Financial Forecast
Revenue This Year
19.46B
from 17.19B
Increased by 13.25%
Revenue Next Year
22.23B
from 19.46B
Increased by 14.22%
EPS This Year
12.79
from 10.51
Increased by 21.67%
EPS Next Year
15.88
from 12.79
Increased by 24.21%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.7B | 22.9B | |
| Avg | 19.5B | 22.2B | |
| Low | 18.9B | 21.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.5% | 17.7% | |
| Avg | 13.2% | 14.2% | |
| Low | 10.0% | 9.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.74 | 19.62 | |
| Avg | 12.79 | 15.88 | |
| Low | 11.30 | 13.75 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.2% | 53.4% | |
| Avg | 21.7% | 24.2% | |
| Low | 7.5% | 7.5% |
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.