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

9,538 Followers
See the Price Targets and Ratings of:

SPOT Analyst Ratings

Strong Buy
24Ratings
Strong Buy
20 Buy
4 Hold
0 Sell
Based on 24 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

$591.09
▲(10.15% Upside)
Based on 24 Wall Street analysts offering 12 month price targets for Spotify in the last 3 months. The average price target is $591.09 with a high forecast of $735.00 and a low forecast of $400.00. The average price target represents a 10.15% change from the last price of $536.61.
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Highest Price Target$735.00Average Price Target$591.09Lowest Price Target$400.00
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
J.P. Morgan Analyst forecast on SPOT
J.P. Morgan
J.P. Morgan
$600
Buy
11.81%
Upside
Reiterated
05/13/26
Analysts Offer Insights on Communication Services Companies: Roku (NASDAQ: ROKU) and Spotify (NYSE: SPOT)
Jefferies
$540
Buy
0.63%
Upside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Stagwell (NASDAQ: STGW), Spotify (NYSE: SPOT) and Pinterest (NYSE: PINS)
Citi
$650$620
Buy
15.54%
Upside
Reiterated
05/05/26
Analysts Offer Insights on Communication Services Companies: Paramount Skydance (NASDAQ: PSKY) and Spotify (NYSE: SPOT)
Phillip Securities Analyst forecast on SPOT
Phillip Securities
Phillip Securities
$650
Buy
21.13%
Upside
Reiterated
04/30/26
Analysts Are Bullish on These Communication Services Stocks: Spotify (SPOT), Alphabet Class A (GOOGL)
UBS
$760$735
Buy
36.97%
Upside
Assigned
04/30/26
Analysts Offer Insights on Communication Services Companies: Alphabet Class A (NASDAQ: GOOGL) and Spotify (NYSE: SPOT)
Canaccord Genuity Analyst forecast on SPOT
Canaccord Genuity
Canaccord Genuity
$750$720
Buy
34.18%
Upside
Assigned
04/29/26
Spotify price target lowered to $720 from $750 at CanaccordSpotify price target lowered to $720 from $750 at Canaccord
Evercore ISI Analyst forecast on SPOT
Evercore ISI
Evercore ISI
$650
Buy
21.13%
Upside
Reiterated
04/29/26
Analysts' Top Communication Services Picks: Spotify (SPOT), T Mobile US (TMUS)
Wells Fargo Analyst forecast on SPOT
Wells Fargo
Wells Fargo
$640$580
Buy
8.09%
Upside
Reiterated
04/29/26
Wells Fargo Sticks to Their Buy Rating for Spotify (SPOT)
Barclays
$600$500
Buy
-6.82%
Downside
Reiterated
04/29/26
Analysts Are Bullish on These Communication Services Stocks: T Mobile US (TMUS), Spotify (SPOT)
Benchmark Co. Analyst forecast on SPOT
Benchmark Co.
Benchmark Co.
$760$695
Buy
29.52%
Upside
Reiterated
04/29/26
Spotify price target lowered to $695 from $760 at BenchmarkSpotify price target lowered to $695 from $760 at Benchmark
KeyBanc
$745$680
Buy
26.72%
Upside
Reiterated
04/29/26
KeyBanc Remains a Buy on Spotify (SPOT)
Rosenblatt Securities Analyst forecast on SPOT
Rosenblatt Securities
Rosenblatt Securities
$670$500
Buy
-6.82%
Downside
Upgraded
04/29/26
Spotify upgraded to Buy from Neutral at RosenblattSpotify upgraded to Buy from Neutral at Rosenblatt
Goldman Sachs Analyst forecast on SPOT
Goldman Sachs
Goldman Sachs
$670$600
Buy
11.81%
Upside
Reiterated
04/29/26
Goldman Sachs Sticks to Its Buy Rating for Spotify (SPOT)
Inderes Analyst forecast on SPOT
Christoffer Jennel
Inderes
Not Ranked
Inderes
$595$570
Buy
6.22%
Upside
Reiterated
04/29/26
Inderes Sticks to Their Buy Rating for Spotify (SPOT)
Morgan Stanley Analyst forecast on SPOT
Morgan Stanley
Morgan Stanley
$630$590
Buy
9.95%
Upside
Reiterated
04/29/26
Analysts Offer Insights on Communication Services Companies: T Mobile US (NASDAQ: TMUS) and Spotify (NYSE: SPOT)
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
J.P. Morgan Analyst forecast on SPOT
J.P. Morgan
J.P. Morgan
$600
Buy
11.81%
Upside
Reiterated
05/13/26
Analysts Offer Insights on Communication Services Companies: Roku (NASDAQ: ROKU) and Spotify (NYSE: SPOT)
Jefferies
$540
Buy
0.63%
Upside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Stagwell (NASDAQ: STGW), Spotify (NYSE: SPOT) and Pinterest (NYSE: PINS)
Citi
$650$620
Buy
15.54%
Upside
Reiterated
05/05/26
Analysts Offer Insights on Communication Services Companies: Paramount Skydance (NASDAQ: PSKY) and Spotify (NYSE: SPOT)
Phillip Securities Analyst forecast on SPOT
Phillip Securities
Phillip Securities
$650
Buy
21.13%
Upside
Reiterated
04/30/26
Analysts Are Bullish on These Communication Services Stocks: Spotify (SPOT), Alphabet Class A (GOOGL)
UBS
$760$735
Buy
36.97%
Upside
Assigned
04/30/26
Analysts Offer Insights on Communication Services Companies: Alphabet Class A (NASDAQ: GOOGL) and Spotify (NYSE: SPOT)
Canaccord Genuity Analyst forecast on SPOT
Canaccord Genuity
Canaccord Genuity
$750$720
Buy
34.18%
Upside
Assigned
04/29/26
Spotify price target lowered to $720 from $750 at CanaccordSpotify price target lowered to $720 from $750 at Canaccord
Evercore ISI Analyst forecast on SPOT
Evercore ISI
Evercore ISI
$650
Buy
21.13%
Upside
Reiterated
04/29/26
Analysts' Top Communication Services Picks: Spotify (SPOT), T Mobile US (TMUS)
Wells Fargo Analyst forecast on SPOT
Wells Fargo
Wells Fargo
$640$580
Buy
8.09%
Upside
Reiterated
04/29/26
Wells Fargo Sticks to Their Buy Rating for Spotify (SPOT)
Barclays
$600$500
Buy
-6.82%
Downside
Reiterated
04/29/26
Analysts Are Bullish on These Communication Services Stocks: T Mobile US (TMUS), Spotify (SPOT)
Benchmark Co. Analyst forecast on SPOT
Benchmark Co.
Benchmark Co.
$760$695
Buy
29.52%
Upside
Reiterated
04/29/26
Spotify price target lowered to $695 from $760 at BenchmarkSpotify price target lowered to $695 from $760 at Benchmark
KeyBanc
$745$680
Buy
26.72%
Upside
Reiterated
04/29/26
KeyBanc Remains a Buy on Spotify (SPOT)
Rosenblatt Securities Analyst forecast on SPOT
Rosenblatt Securities
Rosenblatt Securities
$670$500
Buy
-6.82%
Downside
Upgraded
04/29/26
Spotify upgraded to Buy from Neutral at RosenblattSpotify upgraded to Buy from Neutral at Rosenblatt
Goldman Sachs Analyst forecast on SPOT
Goldman Sachs
Goldman Sachs
$670$600
Buy
11.81%
Upside
Reiterated
04/29/26
Goldman Sachs Sticks to Its Buy Rating for Spotify (SPOT)
Inderes Analyst forecast on SPOT
Christoffer Jennel
Inderes
Not Ranked
Inderes
$595$570
Buy
6.22%
Upside
Reiterated
04/29/26
Inderes Sticks to Their Buy Rating for Spotify (SPOT)
Morgan Stanley Analyst forecast on SPOT
Morgan Stanley
Morgan Stanley
$630$590
Buy
9.95%
Upside
Reiterated
04/29/26
Analysts Offer Insights on Communication Services Companies: T Mobile US (NASDAQ: TMUS) and Spotify (NYSE: SPOT)
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
19/28 ratings generated profit
68%
Average Return
+9.64%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 67.86% of your transactions generating a profit, with an average return of +9.64% per trade.
1 Year
Success Rate
25/39 ratings generated profit
64%
Average Return
+40.64%
Copying Justin Patterson's trades and holding each position for 1 Year would result in 64.10% of your transactions generating a profit, with an average return of +40.64% per trade.
2 Years
xxx
Success Rate
29/39 ratings generated profit
74%
Average Return
+92.37%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 74.36% of your transactions generating a profit, with an average return of +92.37% 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
Jan 26
Feb 26
Mar 26
Apr 26
May 26
Strong Buy
4
11
10
13
6
Buy
31
33
32
41
31
Hold
12
10
8
9
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
47
54
50
63
42
In the current month, SPOT has received 37 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. SPOT average Analyst price target in the past 3 months is 591.09.
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 $3.24 with a range of $2.76 to $4.04. The previous quarter’s EPS was $4.05. 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 $3.24 with a range of $2.76 to $4.04. The previous quarter’s EPS was $4.05. 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 $5.63B with a range of $5.57B to $5.69B. The previous quarter’s sales results were $5.30B. 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 $5.63B with a range of $5.57B to $5.69B. The previous quarter’s sales results were $5.30B. 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 591.09.
    What is SPOT’s upside potential, based on the analysts’ average price target?
    Spotify has 10.15% 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 20 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Spotify’s price target?
            The average price target for Spotify is 591.09. This is based on 24 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $735.00 ,the lowest forecast is $400.00. The average price target represents 10.15% 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 24 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.