Equites Radar

SPOT · Spotify Technology S.A.

Internet Content & InformationSwedenAnalyst view: Buy

$525.75

+0.77% last session

End-of-day data · close of 2026-09-11

Mildly bullish3 bullish · 1 bearish technical signals
Consensus: Buy (1.56 from 39 analysts)
To mean target: +17.6%

Market cap

$107B

Enterprise value

$101B

Trailing P/E

28.2

Forward P/E

33.6

Dividend yield

Beta

1.59

Avg volume

2M

Employees

7K

Daily Change %

0.77%

5 Days Change

-3.58%

10 Days Change

-3.79%

30 Days Change

4.39%

60 Days Change

9.01%

Month to Day Change

-3.89%

Year to Day Change

-9.94%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.56
Covering analysts39
Mean price target$613.60
Low price target$423.71
Upside to mean target+17.6%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)50.2
50-day MA$507.50
200-day MA$505.61
Price vs 50-day MA+3.6%
Price vs 200-day MA+4.0%
MACD histogram-4.02
Volume vs 3-month avg0.6×
52w low $412.7552w high $738.53

Analyst sentiment over time — SPOT

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-08-13

Latest call per bank · past 12 months

UBS

Buy

$690

+32.3% vs price
▼ cut from $735Maintains · 2026-07-10

Wells Fargo

Overweight

$570

+9.3% vs price
▼ cut from $600Maintains · 2026-07-09

JP Morgan

Overweight

$650

+24.6% vs price
▲ raised from $600Maintains · 2026-05-22

Barclays

Overweight

$565

+8.3% vs price
▲ raised from $500Maintains · 2026-05-22

Morgan Stanley

Overweight

$610

+16.9% vs price
▲ raised from $590Maintains · 2026-05-22

Goldman Sachs

Buy

$600

+15.0% vs price
▼ cut from $670Maintains · 2026-04-29

Recent rating actions

DateFirmActionRatingPrice target
2026-08-13Argus ResearchReiteratesBuy$600
2026-08-05Cantor FitzgeraldMaintainsNeutral$510 $530
2026-08-05GuggenheimReiteratesBuy$565
2026-08-05RosenblattMaintainsNeutral$531 $527
2026-07-22BenchmarkMaintainsBuy$695 $650
2026-07-10UBSMaintainsBuy$735 $690
2026-07-09Wells FargoMaintainsOverweight$600 $570
2026-07-09RosenblattMaintainsNeutral$534 $531

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-11

  • RSI (14): RSI is 50 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 3.6% above the 50-day MA ($507.50).
  • Price vs 200-day MA: Trading 4.0% above the 200-day MA ($505.61).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-4.02) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($412.75) and high ($738.53).

SPOT Price Chart

Loading chart for SPOT

Fundamentals

Revenue (TTM)$18B
EBITDA$3.0B
Free cash flow$2.0B
Operating cash flow$3.0B
Book value / share$47.64
Net Debt / EBITDA-2.4
WACC15.0%
Revenue growth14.00%
Earnings growth

About Spotify Technology S.A.

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

More in Internet Content & Information

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.