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SPOT Stock Chart & Stats
$536.61
$13.42(2.89%)
At close: 4:00 PM EST
$536.61
$13.42(2.89%)
Day’s Range― - ―
52-Week Range$405.00 - $748.30
Previous CloseN/A
Volume868.52K
Average Volume (3M)1.79M
Market Cap
$98.66B
Enterprise Value$76.53B
Total Cash (Recent Filing)$8.76B
Total Debt (Recent Filing)$476.50M
Price to Earnings (P/E)31.9
Beta0.91
Next Earnings
Aug 04, 2026EPS Estimate
3.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)13.21
Shares Outstanding205,620,060
10 Day Avg. Volume1,436,694
30 Day Avg. Volume1,789,312
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 Cap0.78
Enterprise Value/Revenue4.37
Enterprise Value/Gross Profit13.51
Enterprise Value/Ebitda25.82
Forecast
1Y Price Target
$607.22Price Target Upside13.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
EPS Forecast (FY)12.72
Revenue Forecast (FY)$19.48B
Bulls Say, Bears Say
Bulls Say
Low Leverage & Strong Balance SheetSpotify's materially reduced leverage and sharply-compounding equity provide durable financial flexibility. A strong balance sheet supports sustained investments in product, AI compute, content deals, buybacks and capital allocation without forcing near-term financing, reducing strategic risk over 2–6 months.
Robust Free Cash Flow GenerationHigh and improving free cash flow with FCF near net income indicates quality earnings and self-funding capacity. Reliable cash conversion supports reinvestment in growth initiatives, continued product R&D and ad stack transition, and provides optionality for buybacks or M&A over the medium term.
Product & AI Engagement TractionRapid adoption of AI-driven features and new product extensions signals durable engagement levers that can lift ARPU and retention. Structural product gains (AI playlists, SongDNA, audiobooks, fitness partnerships) expand monetization avenues beyond core subscriptions and ads over coming quarters.
Bears Say
Ad-Supported Revenue WeaknessPersistently slow ad revenue growth limits total revenue upside and makes overall top-line more dependent on Premium monetization. Given ads' lower margins historically, subdued ad traction could restrain long-term margin expansion and reduce diversification of revenue streams.
Legal/Attribution Risk For AI MusicCopyright and attribution uncertainty for AI-derived music is a structural risk to product roadmap and revenue opportunities. Protracted legal or licensing challenges could delay monetization of AI features, increase costs, or limit partnerships with artists and rights holders over the medium term.
Revenue Deceleration & FCF Timing VariabilityA noted slowdown in revenue growth and quarter-to-quarter cash timing variability could cap future margin gains and complicate planning. If deceleration persists, it constrains operating leverage benefits, limits sustainable ARPU-driven upside and introduces uncertainty into capital allocation decisions.
Spotify News
SPOT FAQ
What was Spotify Technology SA’s price range in the past 12 months?
Spotify Technology SA lowest stock price was $405.00 and its highest was $748.30 in the past 12 months.
What is Spotify Technology SA’s market cap?
Spotify Technology SA’s market cap is $98.66B.
When is Spotify Technology SA’s upcoming earnings report date?
Spotify Technology SA’s upcoming earnings report date is Aug 04, 2026 which is in 20 days.
How were Spotify Technology SA’s earnings last quarter?
Spotify Technology SA released its earnings results on Apr 28, 2026. The company reported $3.945 earnings per share for the quarter, beating the consensus estimate of $3.397 by $0.548.
Is Spotify Technology SA overvalued?
According to Wall Street analysts Spotify Technology SA’s price is currently Undervalued.
Does Spotify Technology SA pay dividends?
Spotify Technology SA does not currently pay dividends.
What is Spotify Technology SA’s EPS estimate?
Spotify Technology SA’s EPS estimate is 3.15.
How many shares outstanding does Spotify Technology SA have?
Spotify Technology SA has 205,620,060 shares outstanding.
What happened to Spotify Technology SA’s price movement after its last earnings report?
Spotify Technology SA reported an EPS of $3.945 in its last earnings report, beating expectations of $3.397. Following the earnings report the stock price went down -12.428%.
Which hedge fund is a major shareholder of Spotify Technology SA?
Currently, no hedge funds are holding shares in SPOT
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
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Analyst Consensus
Strong Buy
Average Price Target:
$607.22 (13.16% Upside)
$607.22 (13.16% Upside)
Blogger Sentiment
Bullish
SPOT Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 70.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $22.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.33%
12-Months-Change
Fundamentals
Return on Equity
35.18%
Trailing 12-Months
Asset Growth
10.37%
Trailing 12-Months
Company Description
Spotify Technology SA
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.
SPOT Revenue Breakdown
88.17% Premium
11.83% Ad-Supported
SPOT Stock 12 Month Forecast
Average Price Target
$607.22
▲(13.16% Upside)
Technical Analysis
Ownership Overview
10.04% Insiders
13.89% Mutual Funds
0.31% Other Institutional Investors
70.87% Public Companies and Individual Investors