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SPOT
Volume: 1.85M
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Spotify (SPOT) Stock Forecast & Price Target

Spotify (SPOT) Analyst Ratings

Based on 43 analyst ratings
Buy
Strong Buy 42%
Buy 28%
Hold 23%
Sell 2%
Strong Sell 5%

Bulls say

Spotify Technology is navigating a robust growth trajectory, evidenced by a nearly 18% year-over-year increase in premium revenue and a 27.5% rise in ad-supported revenue, fueled by pricing power and advancements in advertising monetization tools. The firm forecasted a significant gross margin improvement of 390 basis points year-over-year to 31.5% for 1Q25, alongside an operating profit of €548 million, reflecting a commendable 13% margin, which emphasizes the company's operational efficiency. Additionally, Spotify's substantial subscriber base of nearly 700 million monthly active users, including over 250 million paying subscribers, underpins a strong foundation for sustained revenue generation and profit growth.

Bears say

Spotify Technology's stock outlook remains negative due to a noticeable deceleration in subscription Average Revenue Per User (ARPU) growth, which dropped to 7% from 11% year-over-year, indicating challenges in sustaining revenue from its premium segment amid tougher comparisons. The company's guidance for 1Q25 anticipates revenue growth of only 15% in constant currency, reflecting a 200 basis points slowdown from the previous quarter, alongside concerns regarding royalty payments and their impact on margins. Additionally, despite recent cost-cutting measures, including a 21% reduction in full-time employees, investor uncertainty persists regarding Spotify's ability to improve profitability amid subdued advertising growth and adverse operating profit variances.

Spotify (SPOT) has been analyzed by 43 analysts, with a consensus rating of Buy. 42% of analysts recommend a Strong Buy, 28% recommend Buy, 23% suggest Holding, 2% advise Selling, and 5% predict a Strong Sell.

This aggregate rating is based on analysts' research of Spotify and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Spotify (SPOT) Forecast

Analysts have given Spotify (SPOT) a Buy based on their latest research and market trends.

According to 43 analysts, Spotify (SPOT) has a Buy consensus rating as of Jul 1, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $488.49, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $488.49, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Spotify (SPOT)

Volume: 1.85M

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