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Spotify (SPOT)
NYSE:SPOT
SPOT Stock Chart & Stats
$422.61
$13.42(2.89%)
At close: 4:00 PM EST
$422.61
$13.42(2.89%)
Day’s Range― - ―
52-Week Range$405.00 - $785.00
Previous CloseN/A
Volume868.52K
Average Volume (3M)2.67M
Market Cap
$87.01B
Enterprise Value$70.39B
Total Cash (Recent Filing)$9.09B
Total Debt (Recent Filing)$2.25B
Price to Earnings (P/E)54.8
Beta1.02
Next Earnings
Feb 10, 2026EPS Estimate
3.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.88
Shares Outstanding205,894,010
10 Day Avg. Volume3,486,769
30 Day Avg. Volume2,668,057
Financial Highlights & Ratios
PEG Ratio-0.25
Price to Book (P/B)15.69
Price to Sales (P/S)5.53
P/FCF Ratio37.95
Enterprise Value/Market Cap0.81
Enterprise Value/Revenue4.17
Enterprise Value/Gross Profit13.12
Enterprise Value/Ebitda38.21
Forecast
1Y Price Target
$721.16Price Target Upside70.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering20
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Ad And AI MonetizationAnalyst expects programmatic ad demand capture, platform integrations, and AI-specific monetization partnerships with major labels to boost ad-supported revenue and enhance margins over time.
Market Pricing DynamicsAnalyst notes that rival subscription price increases, including from major platforms, narrow Spotify's pricing gap and support the company's ability to raise prices and protect margins.
New Monetization Tiers And BundlingAnalyst highlights that rollout of higher-priced tiers and a Supremium offering, combined with expanded non-music bundling, should raise average revenue per user and improve unit economics by reducing subsidies from audiobooks.
Bears Say
Capital Allocation UncertaintyAnalyst flags the risk that management could use cash to acquire a small AI music startup instead of prioritizing larger share buybacks, a decision that may disappoint investors seeking buyback-driven returns.
Rising Royalty Costs And AI CompetitionAnalyst cautions that rising label and wholesale costs, together with competition from AI-powered music apps, could compress gross margins and limit the scalability of non-music bundling economics.
Subscriber Churn From Price HikesAnalyst warns that if competitors do not match Spotify's price increases, the company could lose subscribers to lower-priced rivals, which would pressure long-term gross margins.
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 $87.01B.
When is Spotify’s upcoming earnings report date?
Spotify’s upcoming earnings report date is Feb 10, 2026 which is tomorrow.
How were Spotify’s earnings last quarter?
Spotify released its earnings results on Nov 01, 2025. The company reported $3.878 earnings per share for the quarter, beating the consensus estimate of $2.311 by $1.567.
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 3.23.
How many shares outstanding does Spotify have?
Spotify has 205,894,010 shares outstanding.
What happened to Spotify’s price movement after its last earnings report?
Spotify reported an EPS of $3.878 in its last earnings report, beating expectations of $2.311. Following the earnings report the stock price went down -11.551%.
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
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4
5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$721.16 (70.64% Upside)
$721.16 (70.64% Upside)
Blogger Sentiment
Bullish
SPOT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 331.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.47%
12-Months-Change
Fundamentals
Return on Equity
22.10%
Trailing 12-Months
Asset Growth
46.54%
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
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlights Spotify's strong user growth, successful product innovations, and positive financial performance. However, challenges remain in the advertising business and managing churn from price increases. Overall, the positive aspects significantly outweigh the negative ones.View all SPOT earnings summariesSPOT Revenue Breakdown
88.17% Premium
11.83% Ad-Supported
SPOT Stock 12 Month Forecast
Average Price Target
$721.16
▲(70.64% Upside)
Technical Analysis
Ownership Overview
―
Insiders
15.68% Mutual Funds
0.22% Other Institutional Investors
78.08% Public Companies and Individual Investors