Spotify Technology S.A.
Stock Forecast, Prediction & Price Target

Spotify Technology S.A. (SPOT) stock Price Target by analysts

Last Year
Average Price Target

$468.43

Potential downside: -34.53%

Based on 11 analysts

Spotify Technology S.A. price prediction

Strike.market

What is Spotify Technology S.A. stock analysts` prediction?

Spotify Technology S.A. stock forecast: Based on 11 Wall Street analysts` predicted price targets for Spotify Technology S.A. in the last 3 months, the avarage price target is $468.43, with a high forecast of $NaN. The average price target represents a -34.53% change from the last price of $715.55.

Disclaimer: This is not investment advice. Don't use price targets as the only investment indicator. Always remember to do your own thorough research and due diligence before making an investment decision.

Spotify Technology S.A. stock Price Target by analysts

Full breakdown of analysts given Spotify Technology S.A. price targets

Analyst name & company
Analyst win rate
Publish date
Price target
Price when posted
Source Historical targets
Benjamin Swinburne
Morgan Stanley
40%
2/5
9 months ago $550 -23.13% downside $448.65 TheFly
Previous targets (4)
Maria Ripps
Canaccord Genuity
0%
0/3
9 months ago $560 -21.73% downside $475.38 StreetInsider
Previous targets (2)
Alan Gould
Loop Capital Markets
50%
1/2
10 months ago $435 -39.20% downside $339.9 StreetInsider
Previous targets (1)
Matt Farrell
Piper Sandler
25%
1/4
10 months ago $450 -37.11% downside $339.9 StreetInsider
Previous targets (3)
Maria Ripps
Canaccord Genuity
0%
0/3
10 months ago $525 -26.62% downside $339.9 StreetInsider
Previous targets (2)
Benjamin Black
Deutsche Bank
50%
2/4
10 months ago $440 -38.50% downside $381.96 StreetInsider
Previous targets (3)
Barton Crockett
Rosenblatt Securities
0%
0/3
11 months ago $438 -38.78% downside $371.69 StreetInsider
Previous targets (2)
Justin Patterson
KeyBanc
11.11%
1/9
11 months ago $490 -31.52% downside $373.28 StreetInsider
Previous targets (8)
Eric Sheridan
Goldman Sachs
40%
2/5
11 months ago $430 -39.90% downside $371.45 TheFly
Previous targets (4)
James Heaney
Jefferies
0%
0/1
12 months ago $445 -37.81% downside $380.36 StreetInsider
Previous targets (0)
Kenneth Leon
CFRA
0%
0/2
12 months ago $425 -40.60% downside $380.36 StreetInsider
Previous targets (1)
Jeffrey Wlodarczak
Pivotal Research
16.67%
1/6
12 months ago $510 -28.72% downside $363.55 StreetInsider
Previous targets (5)
Justin Patterson
KeyBanc
11.11%
1/9
12 months ago $440 -38.50% downside $337.58 StreetInsider
Previous targets (8)
Justin Patterson
KeyBanc
11.11%
1/9
12 months ago $420 -41.30% downside $324.93 StreetInsider
Previous targets (8)
Deepak Mathivanan
Cantor Fitzgerald
0%
0/1
about 1 year ago $340 -52.48% downside $329.25 TheFly
Previous targets (0)
Benjamin Black
Deutsche Bank
50%
2/4
about 1 year ago $430 -39.90% downside $341.44 TheFly
Previous targets (3)
Eric Sheridan
Goldman Sachs
40%
2/5
about 1 year ago $425 -40.60% downside $332.08 Benzinga
Previous targets (4)
Michael Morris
Guggenheim
0%
0/1
about 1 year ago $420 -41.30% downside $330.79 TheFly
Previous targets (0)
Barton Crockett
Rosenblatt Securities
0%
0/3
about 1 year ago $399 -44.23% downside $332.08 Benzinga
Previous targets (2)
Jeffrey Wlodarczak
Pivotal Research
16.67%
1/6
about 1 year ago $460 -35.71% downside $330.79 TheFly
Previous targets (5)
Mark Zgutowicz
Wolfe Research
0%
0/1
about 1 year ago $405 -43.40% downside $295.45 Benzinga
Previous targets (0)
Devin Brisco
Wolfe Research
0%
0/1
about 1 year ago $390 -45.49% downside $305.13 Benzinga
Previous targets (0)
Justin Patterson
KeyBanc
11.11%
1/9
about 1 year ago $410 -42.70% downside $304.99 Benzinga
Previous targets (8)
Agnieszka Pustula
Redburn Partners
0%
0/1
about 1 year ago $230 -67.85% downside $306.47 Benzinga
Previous targets (0)
Justin Patterson
KeyBanc
11.11%
1/9
about 1 year ago $400 -44.09% downside $318.96 StreetInsider
Previous targets (8)
Maria Ripps
Canaccord Genuity
0%
0/3
over 1 year ago $370 -48.29% downside $310.71 StreetInsider
Previous targets (2)
Matt Farrell
Piper Sandler
25%
1/4
over 1 year ago $320 -55.27% downside $281.71 StreetInsider
Previous targets (3)
Mark Mahaney
Evercore ISI
50%
1/2
over 1 year ago $340 -52.48% downside $310.28 StreetInsider
Previous targets (1)
Jeffrey Wlodarczak
Pivotal Research
16.67%
1/6
over 1 year ago $400 -44.09% downside $305.56 StreetInsider
Previous targets (5)
Kenneth Leon
CFRA
0%
0/2
over 1 year ago $325 -54.58% downside $318.11 StreetInsider
Previous targets (1)
Eric Sheridan
Goldman Sachs
40%
2/5
over 1 year ago $277 -61.28% downside $298.08 StreetInsider
Previous targets (4)
Matt Farrell
Piper Sandler
25%
1/4
over 1 year ago $250 -65.06% downside $309.07 StreetInsider
Previous targets (3)
Jeffrey Wlodarczak
Pivotal Research
16.67%
1/6
over 1 year ago $390 -45.49% downside $295.96 StreetInsider
Previous targets (5)
Barton Crockett
Rosenblatt Securities
0%
0/3
over 1 year ago $315 -55.97% downside $291.77 StreetInsider
Previous targets (2)
Mark Mahaney
Evercore ISI
50%
1/2
over 1 year ago $285 -60.17% downside $287.23 StreetInsider
Previous targets (1)
Justin Patterson
KeyBanc
11.11%
1/9
over 1 year ago $300 -58.07% downside $262.81 StreetInsider
Previous targets (8)
Joseph Thomas
HSBC
0%
0/1
over 1 year ago $310 -56.67% downside $262.81 StreetInsider
Previous targets (0)
Tim Nollen
Macquarie
0%
0/1
over 1 year ago $300 -58.07% downside $238.54 Benzinga
Previous targets (0)
Jeffrey Wlodarczak
Pivotal Research
16.67%
1/6
over 1 year ago $265 -62.96% downside $192.46 Benzinga
Previous targets (5)
Tim Nollen
Morgan Stanley
100%
1/1
almost 2 years ago $232 -67.57% downside $199.32 Benzinga
Previous targets (0)
Manan Gosalia
Morgan Stanley
100%
1/1
almost 2 years ago $202 -71.76% downside $161.82 Benzinga
Previous targets (0)
Andrew Marok
Raymond James
66.67%
2/3
almost 2 years ago $210 -70.65% downside $161.82 Benzinga
Previous targets (2)
Matt Farrell
Piper Sandler
25%
1/4
almost 2 years ago $150 -79.03% downside $156.57 Benzinga
Previous targets (3)
Benjamin Swinburne
Morgan Stanley
40%
2/5
almost 2 years ago $185 -74.14% downside $159.58 Benzinga
Previous targets (4)
Matthew Thornton
Truist Financial
40%
2/5
almost 2 years ago $176 -75.40% downside $157.3 Benzinga
Previous targets (4)
Benjamin Black
Deutsche Bank
50%
2/4
about 2 years ago $180 -74.84% downside $140.38 Benzinga
Previous targets (3)
Matthew Thornton
Truist Financial
40%
2/5
about 2 years ago $170 -76.24% downside $158.62 Benzinga
Previous targets (4)
Zach Morrissey
Wolfe Research
100%
1/1
about 2 years ago $190 -73.44% downside $156.1 Benzinga
Previous targets (0)
Steven Cahall
Wells Fargo
66.67%
2/3
over 2 years ago $180 -74.84% downside $121.17 TheFly
Previous targets (2)
Hamilton Faber
Atlantic Equities
50%
1/2
over 2 years ago $160 -77.63% downside $124.02 Benzinga
Previous targets (1)

Spotify Technology S.A. Financial Estimates

Spotify Technology S.A. Revenue Estimates

Spotify Technology S.A. EBITDA Estimates

Spotify Technology S.A. Earnings per Share Estimates

Passed Analyst forecast
Metric 12/31/2021 12/31/2022 12/31/2023 12/31/2025 12/31/2026 12/31/2027 12/31/2028
Revenue
 
% change YoY
$9.66B
 
N/A
$11.72B
 
21.29%
$13.24B
 
12.96%
Avg: $17.94B
Low: $17.56B
High: $18.47B
avg. 35.49%
Avg: $20.18B
Low: $19.70B
High: $21.27B
avg. 12.46%
Avg: $24.44B
Low: $23.86B
High: $25.76B
avg. 21.09%
Avg: $30.34B
Low: $29.62B
High: $31.98B
avg. 24.12%
Net Income
 
% change YoY
$-34M
 
N/A
$-430M
 
-1164.70%
$-532M
 
-23.72%
Avg: $1.35B
Low: $1.00B
High: $1.60B
avg. 355.25%
Avg: $1.74B
Low: $1.17B
High: $2.01B
avg. 28.38%
Avg: $1.66B
Low: $1.60B
High: $1.77B
avg. -4.73%
Avg: $2.16B
Low: $2.09B
High: $2.31B
avg. 30.16%
EBITDA
 
% change YoY
$467M
 
N/A
$-284M
 
-160.81%
$-298M
 
-4.92%
Avg: $160.19M
Low: $156.72M
High: $164.90M
avg. 153.75%
Avg: $180.16M
Low: $175.88M
High: $189.88M
avg. 12.46%
Avg: $218.16M
Low: $212.98M
High: $229.93M
avg. 21.09%
Avg: $270.79M
Low: $264.37M
High: $285.41M
avg. 24.12%
EPS
 
% change YoY
-$0.18
 
N/A
-$2.23
 
-1138.88%
-$2.73
 
-22.42%
Avg: $6.31
Low: $5.18
High: $8.25
avg. 331.09%
Avg: $8
Low: $6.05
High: $10.33
avg. 26.74%
Avg: $8.53
Low: $8.27
High: $9.13
avg. 6.65%
Avg: $11.1
Low: $10.76
High: $11.88
avg. 30.16%
Operating Expenses
 
% change YoY
$2.49B
 
N/A
$3.58B
 
43.57%
$3.84B
 
7.19%
Avg: $3.13B
Low: $3.06B
High: $3.22B
avg. -18.50%
Avg: $3.52B
Low: $3.43B
High: $3.71B
avg. 12.46%
Avg: $4.26B
Low: $4.16B
High: $4.49B
avg. 21.09%
Avg: $5.29B
Low: $5.16B
High: $5.57B
avg. 24.12%

FAQ

What is Spotify Technology S.A. stock earnings growth forecast?

Wall Street analysts estimate the annual average earnings growth rate of 102.26% in 2025-2028.

We have gathered data from 22 analysts. Their low estimate is 1.00B, average is 1.35B and high is 1.60B.

What is Spotify Technology S.A. stock revenue growth forecast?

Wall Street analysts forecast annual average revenue growth of 23.29% in 2025-2028.

We have gathered data from 23 analysts. Their low revenue estimate is $17.56B, average is $17.94B and high is $18.47B.

What is Spotify Technology S.A. stock earnings per share growth forecast?

Wall Street analysts forecast annual average earnings growth of 98.66% in 2025-2028.

We have gathered data from 22 analysts. Their low earnings per share estimate is $5.18, average is $6.31 and high is $8.25.

What is the best performing analyst?

In the last twelve months 11 analysts have been covering Spotify Technology S.A. stock. The most successful analyst is Benjamin Swinburne whose win rate is 40%. He has correctly predicted 2/5 price targets.