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NYSE: SPOT
Spotify Technology Sa Stock Forecast, Predictions & Price Target

Analyst price target for SPOT

Based on 21 analysts offering 12 month price targets for Spotify Technology Sa.
Min Forecast
$129.00-57.06%
Avg Forecast
$266.91-11.16%
Max Forecast
$390.00+29.81%

Should I buy or sell SPOT stock?

Based on 21 analysts offering ratings for Spotify Technology Sa.
Strong Buy
Strong Buy
14 analysts 66.67%
Buy
3 analysts 14.29%
Hold
4 analysts 19.05%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SPOT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-12Find Out Why
lockedlocked$00.00+00.00%2024-04-10Find Out Why
lockedlocked$00.00+00.00%2024-04-08Find Out Why
lockedlocked$00.00+00.00%2024-04-05Find Out Why
lockedlocked$00.00+00.00%2024-04-05Find Out Why
Bank of America
Top 30%
71
Strong BuyMaintains$315.00+4.84%2024-03-20
Morgan Stanley
Top 4%
97
Strong BuyMaintains$270.00-10.13%2024-02-07
Benchmark
Bottom 1%
1
Strong BuyMaintains$290.00-3.48%2024-02-07Find out why
Macquarie
Bottom 6%
6
BuyReiterates$300.00-0.15%2024-02-07
Rosenblatt
Top 10%
91
Strong BuyMaintains$315.00+4.84%2024-02-07

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Forecast return on equity

Is SPOT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36.19%

Forecast return on assets

Is SPOT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

SPOT revenue forecast

What is SPOT's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$16.6B+12.51%
Avg 2 year Forecast
$18.8B+27.86%
Avg 3 year Forecast
$20.9B+41.71%
SPOT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SPOT revenue growth forecast

How is SPOT forecast to perform vs Internet Content & Information companies and vs the US market?
Company
13.67%
Industry
9.63%
Market
10.34%
SPOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SPOT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SPOT vs Internet Content & Information Stocks

TickerPricePrice TargetUp/downsideConsensus
SPOT$300.45$266.91-11.16%Strong Buy
DASH$138.38$129.57-6.37%Buy
BIDU$97.54$167.57+71.80%Strong Buy
TME$11.37$12.02+5.69%Strong Buy
PINS$33.54$41.24+22.94%Strong Buy

Spotify Stock Forecast FAQ

Is Spotify Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NYSE: SPOT) stock is to Strong Buy SPOT stock.

Out of 21 analysts, 14 (66.67%) are recommending SPOT as a Strong Buy, 3 (14.29%) are recommending SPOT as a Buy, 4 (19.05%) are recommending SPOT as a Hold, 0 (0%) are recommending SPOT as a Sell, and 0 (0%) are recommending SPOT as a Strong Sell.

If you're new to stock investing, here's how to buy Spotify stock.

What is SPOT's revenue growth forecast for 2024-2026?

(NYSE: SPOT) Spotify's forecast annual revenue growth rate of 13.67% is forecast to beat the US Internet Content & Information industry's average forecast revenue growth rate of 9.63%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.34%.

Spotify's revenue in 2024 is $14,244,086,021.On average, 8 Wall Street analysts forecast SPOT's revenue for 2024 to be $3,264,614,284,481, with the lowest SPOT revenue forecast at $3,238,482,336,839, and the highest SPOT revenue forecast at $3,303,338,568,952. On average, 8 Wall Street analysts forecast SPOT's revenue for 2025 to be $3,710,259,478,179, with the lowest SPOT revenue forecast at $3,663,511,654,919, and the highest SPOT revenue forecast at $3,764,721,127,964.

In 2026, SPOT is forecast to generate $4,112,105,522,287 in revenue, with the lowest revenue forecast at $4,056,753,572,958 and the highest revenue forecast at $4,171,189,395,970.

What is SPOT's forecast return on assets (ROA) for 2024-2027?

(NYSE: SPOT) forecast ROA is N/A, which is lower than the forecast US Internet Content & Information industry average of N/A.

What is SPOT's Price Target?

According to 21 Wall Street analysts that have issued a 1 year SPOT price target, the average SPOT price target is $266.91, with the highest SPOT stock price forecast at $390.00 and the lowest SPOT stock price forecast at $129.00.

On average, Wall Street analysts predict that Spotify's share price could fall to $266.91 by Apr 12, 2025. The average Spotify stock price prediction forecasts a potential downside of 11.16% from the current SPOT share price of $300.45.

What is SPOT's forecast return on equity (ROE) for 2024-2027?

(NYSE: SPOT) forecast ROE is N/A, which is considered weak.
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