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Spotify (SPOT)
NYSE:SPOT
US Market
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Spotify (SPOT) Stock Forecast & Price Target

9,433 Followers
See the Price Targets and Ratings of:

SPOT Analyst Ratings

Strong Buy
21Ratings
Strong Buy
16 Buy
5 Hold
0 Sell
Based on 21 analysts giving stock ratings to
Spotify
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

SPOT Stock 12 Month Forecast

Average Price Target

$630.60
▲(17.52% Upside)
Based on 21 Wall Street analysts offering 12 month price targets for Spotify in the last 3 months. The average price target is $630.60 with a high forecast of $760.00 and a low forecast of $420.00. The average price target represents a 17.52% change from the last price of $536.61.
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47,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":689.62,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 45,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":700.68,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, 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Highest Price Target$760.00Average Price Target$630.60Lowest Price Target$420.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Morgan Stanley Analyst forecast on SPOT
Morgan Stanley
Morgan Stanley
$630
Buy
17.40%
Upside
Reiterated
04/20/26
Morgan Stanley Sticks to Their Buy Rating for Spotify (SPOT)
KeyBanc
$720$745
Buy
38.83%
Upside
Reiterated
04/15/26
Spotify (SPOT) Gets a Buy from KeyBanc
Goldman Sachs Analyst forecast on SPOT
Goldman Sachs
Goldman Sachs
$670
Buy
24.86%
Upside
Reiterated
04/15/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT), Snap (NYSE: SNAP) and Tencent Holdings (Other OTC: TCTZF)
Bernstein Analyst forecast on SPOT
Bernstein
Bernstein
$625
Buy
16.47%
Upside
Reiterated
04/14/26
Wall Street Analysts Are Bullish on Top Communication Services Picks
J.P. Morgan Analyst forecast on SPOT
J.P. Morgan
J.P. Morgan
$700
Buy
30.45%
Upside
Reiterated
04/13/26
Spotify (SPOT) Receives a Buy from J.P. Morgan
Wells Fargo Analyst forecast on SPOT
Wells Fargo
Wells Fargo
$650$640
Buy
19.27%
Upside
Assigned
04/13/26
Spotify price target lowered to $640 from $650 at Wells FargoSpotify price target lowered to $640 from $650 at Wells Fargo
Monness
Hold
Reiterated
04/09/26
Analysts Offer Insights on Communication Services Companies: Meta Platforms (NASDAQ: META) and Spotify (NYSE: SPOT)
Barclays
$650$600
Buy
11.81%
Upside
Reiterated
04/08/26
Analysts Offer Insights on Communication Services Companies: Kyivstar Group (NASDAQ: KYIV), Universal Music Group (Other OTC: UMGNF) and Spotify (NYSE: SPOT)
Bank of America Securities Analyst forecast on SPOT
Bank of America Securities
Bank of America Securities
$750
Buy
39.77%
Upside
Reiterated
04/02/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT) and Reddit Inc Class A (NYSE: RDDT)
Daiwa
$535
Buy
-0.30%
Downside
Initiated
03/25/26
Spotify initiated with an Outperform at DaiwaSpotify initiated with an Outperform at Daiwa
Jefferies
$650
Buy
21.13%
Upside
Reiterated
03/18/26
Analysts Offer Insights on Communication Services Companies: TechTarget, Inc. (NASDAQ: TTGT) and Spotify (NYSE: SPOT)
Guggenheim Analyst forecast on SPOT
Guggenheim
Guggenheim
$720$600
Buy
11.81%
Upside
Reiterated
02/24/26
Spotify price target lowered to $600 from $720 at GuggenheimSpotify price target lowered to $600 from $720 at Guggenheim
Phillip Securities Analyst forecast on SPOT
Phillip Securities
Phillip Securities
$650
Buy
21.13%
Upside
Reiterated
02/13/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT) and TIM (NYSE: TIMB)
Cantor Fitzgerald Analyst forecast on SPOT
Cantor Fitzgerald
Cantor Fitzgerald
$615$525
Hold
-2.16%
Downside
Reiterated
02/11/26
Spotify price target lowered to $525 from $615 at Cantor FitzgeraldSpotify price target lowered to $525 from $615 at Cantor Fitzgerald
Canaccord Genuity Analyst forecast on SPOT
Canaccord Genuity
Canaccord Genuity
$850$750
Buy
39.77%
Upside
Reiterated
02/11/26
Spotify price target lowered to $750 from $850 at CanaccordSpotify price target lowered to $750 from $850 at Canaccord
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Morgan Stanley Analyst forecast on SPOT
Morgan Stanley
Morgan Stanley
$630
Buy
17.40%
Upside
Reiterated
04/20/26
Morgan Stanley Sticks to Their Buy Rating for Spotify (SPOT)
KeyBanc
$720$745
Buy
38.83%
Upside
Reiterated
04/15/26
Spotify (SPOT) Gets a Buy from KeyBanc
Goldman Sachs Analyst forecast on SPOT
Goldman Sachs
Goldman Sachs
$670
Buy
24.86%
Upside
Reiterated
04/15/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT), Snap (NYSE: SNAP) and Tencent Holdings (Other OTC: TCTZF)
Bernstein Analyst forecast on SPOT
Bernstein
Bernstein
$625
Buy
16.47%
Upside
Reiterated
04/14/26
Wall Street Analysts Are Bullish on Top Communication Services Picks
J.P. Morgan Analyst forecast on SPOT
J.P. Morgan
J.P. Morgan
$700
Buy
30.45%
Upside
Reiterated
04/13/26
Spotify (SPOT) Receives a Buy from J.P. Morgan
Wells Fargo Analyst forecast on SPOT
Wells Fargo
Wells Fargo
$650$640
Buy
19.27%
Upside
Assigned
04/13/26
Spotify price target lowered to $640 from $650 at Wells FargoSpotify price target lowered to $640 from $650 at Wells Fargo
Monness
Hold
Reiterated
04/09/26
Analysts Offer Insights on Communication Services Companies: Meta Platforms (NASDAQ: META) and Spotify (NYSE: SPOT)
Barclays
$650$600
Buy
11.81%
Upside
Reiterated
04/08/26
Analysts Offer Insights on Communication Services Companies: Kyivstar Group (NASDAQ: KYIV), Universal Music Group (Other OTC: UMGNF) and Spotify (NYSE: SPOT)
Bank of America Securities Analyst forecast on SPOT
Bank of America Securities
Bank of America Securities
$750
Buy
39.77%
Upside
Reiterated
04/02/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT) and Reddit Inc Class A (NYSE: RDDT)
Daiwa
$535
Buy
-0.30%
Downside
Initiated
03/25/26
Spotify initiated with an Outperform at DaiwaSpotify initiated with an Outperform at Daiwa
Jefferies
$650
Buy
21.13%
Upside
Reiterated
03/18/26
Analysts Offer Insights on Communication Services Companies: TechTarget, Inc. (NASDAQ: TTGT) and Spotify (NYSE: SPOT)
Guggenheim Analyst forecast on SPOT
Guggenheim
Guggenheim
$720$600
Buy
11.81%
Upside
Reiterated
02/24/26
Spotify price target lowered to $600 from $720 at GuggenheimSpotify price target lowered to $600 from $720 at Guggenheim
Phillip Securities Analyst forecast on SPOT
Phillip Securities
Phillip Securities
$650
Buy
21.13%
Upside
Reiterated
02/13/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT) and TIM (NYSE: TIMB)
Cantor Fitzgerald Analyst forecast on SPOT
Cantor Fitzgerald
Cantor Fitzgerald
$615$525
Hold
-2.16%
Downside
Reiterated
02/11/26
Spotify price target lowered to $525 from $615 at Cantor FitzgeraldSpotify price target lowered to $525 from $615 at Cantor Fitzgerald
Canaccord Genuity Analyst forecast on SPOT
Canaccord Genuity
Canaccord Genuity
$850$750
Buy
39.77%
Upside
Reiterated
02/11/26
Spotify price target lowered to $750 from $850 at CanaccordSpotify price target lowered to $750 from $850 at Canaccord
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Spotify

3 Months
xxx
Success Rate
21/29 ratings generated profit
72%
Average Return
+8.83%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 72.41% of your transactions generating a profit, with an average return of +8.83% per trade.
1 Year
Success Rate
26/39 ratings generated profit
67%
Average Return
+43.22%
Copying Justin Patterson's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +43.22% per trade.
2 Years
xxx
Success Rate
32/39 ratings generated profit
82%
Average Return
+100.91%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 82.05% of your transactions generating a profit, with an average return of +100.91% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

SPOT Analyst Recommendation Trends

Rating
Dec 25
Jan 26
Feb 26
Mar 26
Apr 26
Strong Buy
1
4
11
10
8
Buy
28
31
33
32
28
Hold
12
12
10
8
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
41
47
54
50
41
In the current month, SPOT has received 36 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. SPOT average Analyst price target in the past 3 months is 630.60.
Each month's total comprises the sum of three months' worth of ratings.

SPOT Financial Forecast

SPOT Earnings Forecast

Next quarter’s earnings estimate for SPOT is $3.47 with a range of $2.25 to $5.45. The previous quarter’s EPS was $5.22. SPOT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.10% of the time in the same period. In the last calendar year SPOT has Performed in-line its overall industry.
Next quarter’s earnings estimate for SPOT is $3.47 with a range of $2.25 to $5.45. The previous quarter’s EPS was $5.22. SPOT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.10% of the time in the same period. In the last calendar year SPOT has Performed in-line its overall industry.

SPOT Sales Forecast

Next quarter’s sales forecast for SPOT is $5.32B with a range of $5.13B to $5.41B. The previous quarter’s sales results were $5.27B. SPOT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 56.89% of the time in the same period. In the last calendar year SPOT has Performed in-line its overall industry.
Next quarter’s sales forecast for SPOT is $5.32B with a range of $5.13B to $5.41B. The previous quarter’s sales results were $5.27B. SPOT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 56.89% of the time in the same period. In the last calendar year SPOT has Performed in-line its overall industry.

SPOT Stock Forecast FAQ

What is SPOT’s average 12-month price target, according to analysts?
Based on analyst ratings, Spotify’s 12-month average price target is 630.60.
    What is SPOT’s upside potential, based on the analysts’ average price target?
    Spotify has 17.52% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is SPOT a Buy, Sell or Hold?
          Spotify has a consensus rating of Strong Buy which is based on 16 buy ratings, 5 hold ratings and 0 sell ratings.
            What is Spotify’s price target?
            The average price target for Spotify is 630.60. This is based on 21 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $760.00 ,the lowest forecast is $420.00. The average price target represents 17.52% Increase from the current price of $536.61.
              What do analysts say about Spotify?
              Spotify’s analyst rating consensus is a Strong Buy. This is based on the ratings of 21 Wall Streets Analysts.
                How can I buy shares of SPOT?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.