Spotify Technology SA (SPOT) Stock Forecast & Price Target
Spotify Technology SA · NYSE
$512.24+17.52 (+3.54%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 19 firms covering Spotify Technology SA, 16 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $520.00 to $720.00, so the covering firms are broadly aligned. The average target of $619.13 sits 21% above the current $512.24. The rating mix has stayed broadly stable, with Buy-side ratings easing from 20 to 16 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.95 next quarter toward $15.80 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS19 ratings
Moderate Buy
Strong Buy00%
Buy1684%
Hold316%
Sell00%
Strong Sell00%
Based on 19 analysts giving stock ratings to Spotify Technology SA.
As of Jul, 16 of 19 firms rate SPOT a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SPOT EPS & revenue forecast
EPS · NEXT QUARTER
$2.95
Range $2.43 – $3.54 · 18 analysts · -10% YoY
Next period, 18 analysts expect Spotify Technology SA to earn $2.95 a share (range $2.43 – $3.54), versus $3.28 a year earlier. Full-year consensus is $12.73, growing to $15.80 the year after.
REVENUE · NEXT QUARTER
$4.9B
Range $4.8B – $5.0B · 18 analysts · +15% YoY
Revenue is expected to reach $4.9B (range $4.8B – $5.0B), +15.4% year-over-year. Full-year consensus is $19.5B, rising to $22.2B next year.
Top analysts covering Spotify Technology SA
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SPOT.
#1
Jason Bazinet
Citigroup · Rank #19
Buy
$620.00+21.0% to target
Overall win rate
60%
+ Follow
#2
Steven Cahall
Wells Fargo · Rank #32
Buy
$570.00+11.3% to target
Overall win rate
55%
+ Follow
#3
Deepak Mathivanan
Cantor Fitzgerald · Rank #209
Hold
$520.00+1.5% to target
Overall win rate
36%
+ Follow
#4
Barton Crockett
Rosenblatt · Rank #305
Hold
$531.00+3.7% to target
Overall win rate
32%
+ Follow
#5
Justin Patterson
Keybanc · Rank #329
Buy
$680.00+32.8% to target
Overall win rate
26%
+ Follow
SPOT stock forecast FAQ
What is SPOT's average 12-month price target?+
The 16 analysts with a live target average $619.13 for Spotify Technology SA over the next 12 months, ranging from a $720.00 high to a $520.00 low.
Is SPOT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 19 analyst ratings, 16 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SPOT?+
The Street-high target is $720.00 (Canaccord Genuity), and the Street-low is $520.00 (Cantor Fitzgerald). The average of all 16 active targets is $619.13.
How many Wall Street analysts cover SPOT?+
19 analysts have an active rating on Spotify Technology SA, and 16 firms carry a live 12-month price target.
Who is the most accurate analyst covering SPOT?+
Among analysts who currently cover SPOT, Jason Bazinet of Citigroup has the strongest overall Quantellect track record (Rank #19). Their current call is Buy with a $620.00 target.
What is Spotify Technology SA's projected EPS for next quarter?+
The consensus estimate is $2.95 per share (range $2.43 – $3.54) across 18 analysts. Full-year EPS is projected at $12.73, rising to $15.80 the following year.
How much revenue is Spotify Technology SA expected to report next quarter?+
Consensus revenue is $4.9B (range $4.8B – $5.0B). Full-year revenue is projected at $19.5B, growing to $22.2B next year.
Have analysts been upgrading or downgrading SPOT lately?+
As of Jul, 16 of 19 firms rate SPOT a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SPOT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
