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

9,593 Followers
See the Price Targets and Ratings of:

SPOT Analyst Ratings

Strong Buy
24Ratings
Strong Buy
19 Buy
5 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

$607.23
▲(13.16% Upside)
Based on 24 Wall Street analysts offering 12 month price targets for Spotify in the last 3 months. The average price target is $607.23 with a high forecast of $735.00 and a low forecast of $400.00. The average price target represents a 13.16% change from the last price of $536.61.
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Highest Price Target$735.00Average Price Target$607.23Lowest 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
Morgan Stanley Analyst forecast on SPOT
Morgan Stanley
Morgan Stanley
$482$610
Buy
13.68%
Upside
Reiterated
06/15/26
Spotify (SPOT) Receives a Buy from Morgan Stanley
Citi
$620
Buy
15.54%
Upside
Reiterated
06/12/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT) and Pinterest (NYSE: PINS)
Barclays
$565
Buy
5.29%
Upside
Reiterated
06/12/26
Barclays Reaffirms Their Buy Rating on Spotify (SPOT)
KeyBanc
$680
Buy
26.72%
Upside
Reiterated
06/11/26
Analysts' Top Communication Services Picks: Spotify (SPOT), Nebius Group (NBIS)
Bernstein Analyst forecast on SPOT
Bernstein
Bernstein
$625
Buy
16.47%
Upside
Reiterated
06/09/26
Spotify (SPOT) Receives a Buy from Bernstein
Cantor Fitzgerald Analyst forecast on SPOT
Cantor Fitzgerald
Cantor Fitzgerald
$430$520
Hold
-3.10%
Downside
Reiterated
05/26/26
Cantor Fitzgerald Sticks to Its Hold Rating for Spotify (SPOT)
Canaccord Genuity Analyst forecast on SPOT
Canaccord Genuity
Canaccord Genuity
$720
Buy
34.18%
Upside
Reiterated
05/22/26
Canaccord Genuity Remains a Buy on Spotify (SPOT)
J.P. Morgan Analyst forecast on SPOT
J.P. Morgan
J.P. Morgan
$600$650
Buy
21.13%
Upside
Reiterated
05/22/26
Spotify price target raised to $650 from $600 at JPMorganSpotify price target raised to $650 from $600 at JPMorgan
Deutsche Bank  Analyst forecast on SPOT
Deutsche Bank
Deutsche Bank
$620
Buy
15.54%
Upside
Reiterated
05/22/26
Deutsche Bank Remains a Buy on Spotify (SPOT)
Guggenheim Analyst forecast on SPOT
Guggenheim
Guggenheim
$565
Buy
5.29%
Upside
Reiterated
05/22/26
Analysts' Opinions Are Mixed on These Communication Services Stocks: Zillow Group Class A (NASDAQ: ZG) and Spotify (NYSE: SPOT)
Wells Fargo Analyst forecast on SPOT
Wells Fargo
Wells Fargo
$580$600
Buy
11.81%
Upside
Assigned
05/22/26
Analysts Are Bullish on These Communication Services Stocks: Spotify (SPOT), Take-Two (TTWO)
Bank of America Securities Analyst forecast on SPOT
Bank of America Securities
Bank of America Securities
Buy
Reiterated
05/22/26
Analysts' Top Communication Services Picks: Spotify (SPOT), NetEase (NTES)
Rosenblatt Securities Analyst forecast on SPOT
Rosenblatt Securities
Rosenblatt Securities
$500$534
Hold
-0.49%
Downside
Reiterated
05/22/26
Analysts Offer Insights on Communication Services Companies: Take-Two (NASDAQ: TTWO), Baidu (NASDAQ: BIDU) and Spotify (NYSE: SPOT)
Jefferies
$600
Buy
11.81%
Upside
Assigned
05/22/26
Analyst Lifts Spotify Price Target to $600 on Strengthened Long-Term Growth, Margins, and Product Innovation
Citizens JMP Analyst forecast on SPOT
Citizens JMP
Citizens JMP
$600$625
Buy
16.47%
Upside
Reiterated
05/22/26
Spotify price target raised to $625 from $600 at CitizensSpotify price target raised to $625 from $600 at Citizens
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
$482$610
Buy
13.68%
Upside
Reiterated
06/15/26
Spotify (SPOT) Receives a Buy from Morgan Stanley
Citi
$620
Buy
15.54%
Upside
Reiterated
06/12/26
Analysts Offer Insights on Communication Services Companies: Spotify (NYSE: SPOT) and Pinterest (NYSE: PINS)
Barclays
$565
Buy
5.29%
Upside
Reiterated
06/12/26
Barclays Reaffirms Their Buy Rating on Spotify (SPOT)
KeyBanc
$680
Buy
26.72%
Upside
Reiterated
06/11/26
Analysts' Top Communication Services Picks: Spotify (SPOT), Nebius Group (NBIS)
Bernstein Analyst forecast on SPOT
Bernstein
Bernstein
$625
Buy
16.47%
Upside
Reiterated
06/09/26
Spotify (SPOT) Receives a Buy from Bernstein
Cantor Fitzgerald Analyst forecast on SPOT
Cantor Fitzgerald
Cantor Fitzgerald
$430$520
Hold
-3.10%
Downside
Reiterated
05/26/26
Cantor Fitzgerald Sticks to Its Hold Rating for Spotify (SPOT)
Canaccord Genuity Analyst forecast on SPOT
Canaccord Genuity
Canaccord Genuity
$720
Buy
34.18%
Upside
Reiterated
05/22/26
Canaccord Genuity Remains a Buy on Spotify (SPOT)
J.P. Morgan Analyst forecast on SPOT
J.P. Morgan
J.P. Morgan
$600$650
Buy
21.13%
Upside
Reiterated
05/22/26
Spotify price target raised to $650 from $600 at JPMorganSpotify price target raised to $650 from $600 at JPMorgan
Deutsche Bank  Analyst forecast on SPOT
Deutsche Bank
Deutsche Bank
$620
Buy
15.54%
Upside
Reiterated
05/22/26
Deutsche Bank Remains a Buy on Spotify (SPOT)
Guggenheim Analyst forecast on SPOT
Guggenheim
Guggenheim
$565
Buy
5.29%
Upside
Reiterated
05/22/26
Analysts' Opinions Are Mixed on These Communication Services Stocks: Zillow Group Class A (NASDAQ: ZG) and Spotify (NYSE: SPOT)
Wells Fargo Analyst forecast on SPOT
Wells Fargo
Wells Fargo
$580$600
Buy
11.81%
Upside
Assigned
05/22/26
Analysts Are Bullish on These Communication Services Stocks: Spotify (SPOT), Take-Two (TTWO)
Bank of America Securities Analyst forecast on SPOT
Bank of America Securities
Bank of America Securities
Buy
Reiterated
05/22/26
Analysts' Top Communication Services Picks: Spotify (SPOT), NetEase (NTES)
Rosenblatt Securities Analyst forecast on SPOT
Rosenblatt Securities
Rosenblatt Securities
$500$534
Hold
-0.49%
Downside
Reiterated
05/22/26
Analysts Offer Insights on Communication Services Companies: Take-Two (NASDAQ: TTWO), Baidu (NASDAQ: BIDU) and Spotify (NYSE: SPOT)
Jefferies
$600
Buy
11.81%
Upside
Assigned
05/22/26
Analyst Lifts Spotify Price Target to $600 on Strengthened Long-Term Growth, Margins, and Product Innovation
Citizens JMP Analyst forecast on SPOT
Citizens JMP
Citizens JMP
$600$625
Buy
16.47%
Upside
Reiterated
05/22/26
Spotify price target raised to $625 from $600 at CitizensSpotify price target raised to $625 from $600 at Citizens
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
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Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Spotify

3 Months
Success Rate
10/14 ratings generated profit
71%
Average Return
+2.66%
Copying Jason Bazinet's trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +2.66% per trade.
1 Year
Success Rate
11/14 ratings generated profit
79%
Average Return
+19.65%
Copying Jason Bazinet's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +19.65% per trade.
2 Years
Success Rate
11/14 ratings generated profit
79%
Average Return
+28.91%
Copying Jason Bazinet's trades and holding each position for 2 Years would result in 78.57% of your transactions generating a profit, with an average return of +28.91% 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
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
11
10
13
7
7
Buy
33
32
41
48
47
Hold
10
8
9
7
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
54
50
63
62
61
In the current month, SPOT has received 54 Buy Ratings, 7 Hold Ratings, and 0 Sell Ratings. SPOT average Analyst price target in the past 3 months is 607.23.
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 $3.12 with a range of $2.67 to $3.73. The previous quarter’s EPS was $3.92. SPOT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.72% 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 $3.12 with a range of $2.67 to $3.73. The previous quarter’s EPS was $3.92. SPOT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.72% 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 $5.45B with a range of $5.39B to $5.50B. 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 57.17% 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 $5.45B with a range of $5.39B to $5.50B. 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 57.17% 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 Technology SA’s 12-month average price target is 607.23.
    What is SPOT’s upside potential, based on the analysts’ average price target?
    Spotify Technology SA has 13.16% 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 Technology SA has a consensus rating of Strong Buy which is based on 19 buy ratings, 5 hold ratings and 0 sell ratings.
            What is Spotify Technology SA’s price target?
            The average price target for Spotify Technology SA is 607.23. 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 13.16% Increase from the current price of $536.61.
              What do analysts say about Spotify Technology SA?
              Spotify Technology SA’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.