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SPOT Stock Chart & Stats
$552.57
$13.67(2.91%)
At close: 4:00 PM EDT
$552.57
$13.67(2.91%)
Day’s Range― - ―
52-Week Range$405.00 - $670.42
Previous CloseN/A
Volume1.17M
Average Volume (3M)1.66M
Market Cap
$114.73B
Enterprise Value$90.94B
Total Cash (Recent Filing)$11.23B
Total Debt (Recent Filing)$513.40M
Price to Earnings (P/E)34.6
Beta0.90
Next Earnings
Feb 09, 2027EPS Estimate
3.68Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)14.38
Shares Outstanding205,882,340
10 Day Avg. Volume2,102,102
30 Day Avg. Volume1,659,148
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 Cap0.79
Enterprise Value/Revenue4.83
Enterprise Value/Gross Profit14.60
Enterprise Value/Ebitda25.85
Forecast
1Y Price Target
$634.36Price Target Upside14.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
EPS Forecast (FY)11.85
Revenue Forecast (FY)$19.51B
Bulls Say, Bears Say
Bulls Say
Profitability And Margin ExpansionSpotify’s sharp move from losses to strong operating and net profitability indicates meaningful improvement in its economic model. Higher margins create more capacity to invest in product development, creator tools and international growth while strengthening earnings resilience over the next several quarters.
Balance Sheet And Cash GenerationVery low leverage and substantial equity provide Spotify with financial flexibility to fund organic initiatives, pursue acquisitions and return excess capital without relying heavily on debt. Strong free cash flow conversion also supports resilience if growth or advertising conditions become less favorable.
Subscriber Scale And Product ExpansionA large and expanding subscriber base gives Spotify durable distribution and a broad platform for monetizing additional content formats and creator services. Audiobooks, personalization, AI features and creator tools can deepen engagement, improve retention and increase revenue opportunities beyond core music subscriptions.
Bears Say
Moderating Revenue GrowthSpotify remains a growing business, but slower recent top-line expansion may make it harder to sustain the pace of operating leverage and shareholder returns achieved during the turnaround. Moderating growth also increases the importance of successful monetization from newer products and markets.
Advertising Monetization Still DevelopingAdvertising remains an important second revenue engine, yet its growth has not consistently reached double digits. Continued reliance on improving automated sales, podcast sponsorships and ad monetization means the platform’s free-user scale has not fully translated into equally strong advertising expansion.
Volatile Free Cash Flow GrowthSpotify currently produces substantial cash, but the sharp year-over-year decline in free cash flow growth shows that cash expansion has been uneven after strong prior gains. Persistent volatility could constrain the pace of reinvestment or shareholder returns if operating performance weakens.
Spotify News
SPOT FAQ
What was Spotify’s price range in the past 12 months?
Spotify lowest stock price was $405.00 and its highest was $670.42 in the past 12 months.
What is Spotify’s market cap?
Spotify’s market cap is $114.73B.
When is Spotify’s upcoming earnings report date?
Spotify’s upcoming earnings report date is Feb 09, 2027 which is in 101 days.
How were Spotify’s earnings last quarter?
Spotify released its earnings results on Oct 22, 2026. The company reported $2.778 earnings per share for the quarter, missing the consensus estimate of $3.139 by -$0.362.
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 3.68.
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 $2.778 in its last earnings report, missing expectations of $3.139. Following the earnings report the stock price went up 11.101%.
Which hedge fund is a major shareholder of Spotify?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$634.36 (14.80% Upside)
$634.36 (14.80% Upside)
Blogger Sentiment
Bullish
SPOT Sentiment 60%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Decreased
By 69.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-16.28%
12-Months-Change
Fundamentals
Return on Equity
34.14%
Trailing 12-Months
Asset Growth
-5.81%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
SPOT Company Deck
SPOT Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive. Spotify reported revenue, subscriber growth, gross margin, operating income, and free cash flow at or above expectations; highlighted improving advertising momentum, expanding audiobook and creator offerings, strong AI adoption, and continued investment returns; and provided constructive fourth-quarter guidance. The main challenges were that advertising growth remains at 9% rather than double digits, MAU growth is below last year's record pace, social charges were above forecast, and 2027 guidance was not yet available.View all SPOT earnings summariesSPOT Revenue Breakdown
88.17% Premium
11.83% Ad-Supported
SPOT Stock 12 Month Forecast
Average Price Target
$634.36
▲(14.80% Upside)
Technical Analysis
Meta Platforms
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Alphabet Class A
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Snap
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Bilibili
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Tencent Music Entertainment Group
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Ownership Overview
10.03% Insiders
14.78% Mutual Funds
2.49% Other Institutional Investors
66.55% Public Companies and Individual Investors