Spotify (SPOT)
NYSE:SPOT
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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 - $785.00
Previous CloseN/A
Volume868.52K
Average Volume (3M)1.57M
Market Cap
$90.88B
Enterprise Value$73.42B
Total Cash (Recent Filing)$8.76B
Total Debt (Recent Filing)$476.50M
Price to Earnings (P/E)29.4
Beta0.95
Next Earnings
Jul 29, 2026EPS Estimate
3.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.05
Shares Outstanding205,832,520
10 Day Avg. Volume1,497,739
30 Day Avg. Volume1,574,177
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 Cap0.81
Enterprise Value/Revenue4.17
Enterprise Value/Gross Profit12.92
Enterprise Value/Ebitda26.72
Forecast
1Y Price Target
$597.17Price Target Upside11.29% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
EPS Forecast (FY)12.74
Revenue Forecast (FY)$19.49B
Bulls Say, Bears Say
Bulls Say
Advertising MonetizationAnalyst points to a proprietary ad exchange, programmatic buying, and video podcast ad inventory as drivers for a return to sustained advertising revenue growth.
AI-driven Product InnovationAnalyst highlights generative AI features such as an AI DJ, personalized playlists, and prompt-driven content as catalysts to boost user engagement and create new monetization opportunities.
Pricing And ARPUAnalyst expects subscription price increases and new premium tiers to lift average revenue per user, supporting higher revenue and margin expansion.
Bears Say
AI Disintermediation RiskAnalyst cautions that AI-created music and personalized free offerings could reduce demand for paid subscriptions and erode premium listening share.
Competitive And Execution RisksAnalyst highlights fierce competition, slow rollout of ad technology and occasional product mis-execution as factors that could hinder growth and margin improvement.
Content Cost PressuresAnalyst warns that music royalties and partner payouts remain significant variable costs that can constrain gross margin and pressure profitability.
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 $785.00 in the past 12 months.
What is Spotify’s market cap?
Spotify’s market cap is $90.88B.
When is Spotify’s upcoming earnings report date?
Spotify’s upcoming earnings report date is Jul 29, 2026 which is in 87 days.
How were Spotify’s earnings last quarter?
Spotify released its earnings results on Apr 28, 2026. The company reported $4.045 earnings per share for the quarter, beating the consensus estimate of $3.464 by $0.582.
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 3.26.
How many shares outstanding does Spotify have?
Spotify has 205,832,520 shares outstanding.
What happened to Spotify’s price movement after its last earnings report?
Spotify reported an EPS of $4.045 in its last earnings report, beating expectations of $3.464. Following the earnings report the stock price went down -12.428%.
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
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Analyst Consensus
Strong Buy
Average Price Target:
$597.17 (11.29% Upside)
$597.17 (11.29% Upside)
Blogger Sentiment
Bullish
SPOT Sentiment 62%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.55%
12-Months-Change
Fundamentals
Return on Equity
35.34%
Trailing 12-Months
Asset Growth
10.37%
Trailing 12-Months
Company Description
Spotify
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
SPOT Company Deck
SPOT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a largely positive operational and financial picture: MAU and revenue growth accelerated, Premium ARPU and gross margin expanded, operating income and free cash flow were strong, and AI-driven product adoption is gaining traction. That said, there are notable near-term challenges: ad-supported revenue growth is muted (~+3% YoY), ad gross margins experienced short-term weakness as engagement-driven content costs outpaced monetization, and operating expenses are elevated as Spotify invests in AI compute and marketing. Management expects these investments to pay off over time with improved monetization (biddable ads, product top-ups) and has provided constructive Q2 guidance, but near-term variability and execution on ad monetization and AI-related content/legal hurdles remain risks.View all SPOT earnings summariesSPOT Revenue Breakdown
88.17% Premium
11.83% Ad-Supported
SPOT Stock 12 Month Forecast
Average Price Target
$597.17
▲(11.29% Upside)
Technical Analysis
Ownership Overview
0.07% Insiders
14.08% Mutual Funds
3.07% Other Institutional Investors
76.82% Public Companies and Individual Investors