0SPT Stock Chart & Stats
€434.50
€10.00(2.36%)
At close: 4:00 PM EDT
€434.50
€10.00(2.36%)
Day’s Range― - ―
52-Week Range€344.95 - €644.00
Previous CloseN/A
Volume14.00
Average Volume (3M)91.00
Market Cap
€87.04B
Enterprise Value€85.69K
Total Cash (Recent Filing)€10.73B
Total Debt (Recent Filing)€532.67M
Price to Earnings (P/E)26.6
Beta0.73
Next Earnings
Oct 27, 2026EPS Estimate
2.83Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)16.66
Shares Outstanding205,882,340
10 Day Avg. Volume78
30 Day Avg. Volume91
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)12.19
Price to Sales (P/S)5.91
P/FCF Ratio35.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€526.05Price Target Upside21.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
EPS Forecast (FY)10.64
Revenue Forecast (FY)€16.90B
Bulls Say, Bears Say
Bulls Say
Record Gross And Operating MarginsSustained margin expansion reflects better licensing economics, ARPU gains and operating discipline. Higher gross and EBIT margins create durable earnings power, allowing Spotify to generate profits even if top-line growth moderates and funding product investments without eroding returns.
Strong Free Cash Flow And LiquidityConsistent FCF near net income and a large cash balance with minimal financial debt give Spotify durable financial flexibility. This supports buybacks, targeted M&A, marketing/AI investments and cushions execution risk without forcing leverage-driven decisions.
Product Diversification & AI Monetization TractionAdoption of AI personalization and early success of add-ons (tickets, audiobooks) broaden revenue levers beyond subscriptions and traditional ads. Diversified monetization and higher-value products support sustainable ARPU growth and reduce dependence on any single revenue stream over the medium term.
Bears Say
Sluggish Ad-supported Revenue GrowthWeak growth in the ad-supported business limits scalable top-line expansion because ads are a high-leverage channel. Until programmatic automation and advertiser counts sustainably convert to higher CPMs and direct sales recover, ad revenue will constrain overall revenue diversification and margin upside.
Top-line Growth Moderating Vs Prior YearsWith revenue growth slowing to mid-single digits recently, Spotify’s improvement is increasingly driven by margins and ARPU gains rather than rapid user or revenue scale. That raises reliance on continued efficiency, successful add-ons and pricing, which are execution-dependent and less resilient than broad-based organic growth.
Capital Structure And Cash-flow Volatility RiskThe low-leverage profile and strong cash flow are recent, not structural. Historical swings in leverage and past cash-flow weakness imply execution and cycle sensitivity; a recurrence of tougher conditions could pressure liquidity or force trade-offs between investment, buybacks and content/licensing spend.
Spotify News
0SPT FAQ
What was Spotify’s price range in the past 12 months?
Spotify lowest share price was €344.95 and its highest was €644.00 in the past 12 months.
What is Spotify’s market cap?
Spotify’s market cap is €87.04B.
When is Spotify’s upcoming earnings report date?
Spotify’s upcoming earnings report date is Oct 27, 2026 which is in 77 days.
How were Spotify’s earnings last quarter?
Spotify released its earnings results on Aug 04, 2026. The company reported €2.61 earnings per share for the quarter, missing the consensus estimate of €2.763 by -€0.153.
Is Spotify overvalued?
According to Wall Street analysts Spotify’s price is currently Undervalued.
Does Spotify pay dividends?
Spotify does not currently pay dividends.
What is Spotify’s EPS estimate?
Spotify’s EPS estimate is 2.83.
How many shares outstanding does Spotify have?
Spotify has 205,882,340 shares outstanding.
What happened to Spotify’s price movement after its last earnings report?
Spotify reported an EPS of €2.61 in its last earnings report, missing expectations of €2.763. Following the earnings report the stock price went down -2.526%.
Which hedge fund is a major shareholder of Spotify?
Currently, no hedge funds are holding shares in GB:0SPT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Spotify Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€526.05 (21.07% Upside)
€526.05 (21.07% Upside)
Blogger Sentiment
Bullish
GB:0SPT Sentiment 65%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth €19.8M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 93%
Bearish news 7%
Bearish news 7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.16%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-0.56%
Trailing 12-Months
Company Description
Spotify
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.
0SPT Company Deck
0SPT Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong execution: accelerating revenue growth (15% YoY), record gross margin (33.4%), robust free cash flow (EUR 797M, +14% YoY), meaningful product and AI adoption, and strategic monetization initiatives (Reserved, Audiobooks+, add-ons). Near-term headwinds include modest ad-supported revenue growth (3% YoY), intentional product changes in emerging markets expected to weigh on short-term MAU, and ~EUR 200M of planned incremental marketing and AI spend driving quarter variability in operating expenses. On balance, the scale of financial and product fundamentals and clear path to improved ad monetization and add-on revenue outweigh the contained short-term trade-offs.View all GB:0SPT earnings summaries0SPT Revenue Breakdown
88.17% Premium
11.83% Ad-Supported
0SPT Stock 12 Month Forecast
Average Price Target
€526.05
▲(21.07% Upside)
Technical Analysis
Apple
―
Netflix
―
Tencent Music Entertainment Group
―
Pinterest
―
Warner Music Group
―