Spotify Technology SA (SPOT) Stock Forecast & Price Target
Spotify Technology SA · NYSE
$527.46-14.97 (-2.76%)
15-min delayed · Sep 9, 1:30 PM ET · Get real-time quotes →
The Quantellect read.Of the 18 firms covering Spotify Technology SA, 15 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $527.00 to $720.00, so the covering firms are broadly aligned. The average target of $615.71 sits 17% above the current $527.46. The rating mix has stayed broadly stable, with Buy-side ratings easing from 17 to 15 over recent months. On the fundamentals, the Street sees consensus EPS building from about $3.41 next quarter toward $15.51 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS18 ratings
Strong Buy
Strong Buy00%
Buy1583%
Hold317%
Sell00%
Strong Sell00%
Based on 18 analysts giving stock ratings to Spotify Technology SA.
As of Sep, 15 of 17 firms rate SPOT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SPOT EPS & revenue forecast
EPS · NEXT QUARTER
$3.41
Range $3.14 – $3.66 · 18 analysts · -23% YoY
Next period, 18 analysts expect Spotify Technology SA to earn $3.41 a share (range $3.14 – $3.66), versus $4.43 a year earlier. Full-year consensus is $12.30, growing to $15.51 the year after.
REVENUE · NEXT QUARTER
$5.2B
Range $5.1B – $5.4B · 18 analysts · +16% YoY
Revenue is expected to reach $5.2B (range $5.1B – $5.4B), +15.6% year-over-year. Full-year consensus is $19.5B, rising to $22.3B 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 #25
Buy
$620.00+17.5% to target
Overall win rate
60%
+ Follow
#2
Steven Cahall
Wells Fargo · Rank #38
Buy
$570.00+8.1% to target
Overall win rate
54%
+ Follow
#3
Jason Helfstein
Oppenheimer · Rank #84
Buy
$550.00+4.3% to target
Overall win rate
45%
+ Follow
#4
Deepak Mathivanan
Cantor Fitzgerald · Rank #281
Hold
$530.00+0.5% to target
Overall win rate
35%
+ Follow
#5
Barton Crockett
Rosenblatt · Rank #332
Hold
$527.00-0.1% to target
Overall win rate
34%
+ Follow
SPOT stock forecast FAQ
What is SPOT's average 12-month price target?+
The 17 analysts with a live target average $615.71 for Spotify Technology SA over the next 12 months, ranging from a $720.00 high to a $527.00 low.
Is SPOT stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 18 analyst ratings, 15 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 $527.00 (Rosenblatt). The average of all 17 active targets is $615.71.
How many Wall Street analysts cover SPOT?+
18 analysts have an active rating on Spotify Technology SA, and 17 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 #25). 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 $3.41 per share (range $3.14 – $3.66) across 18 analysts. Full-year EPS is projected at $12.30, rising to $15.51 the following year.
How much revenue is Spotify Technology SA expected to report next quarter?+
Consensus revenue is $5.2B (range $5.1B – $5.4B). Full-year revenue is projected at $19.5B, growing to $22.3B next year.
Have analysts been upgrading or downgrading SPOT lately?+
As of Sep, 15 of 17 firms rate SPOT a Buy (2 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.
