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

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Analyst price target for SPOT

Based on 19 analysts offering 12 month price targets for Spotify Technology Sa.
Min Forecast
$95.00+10.08%
Avg Forecast
$172.95+100.4%
Max Forecast
$300.00+247.62%

Should I buy or sell SPOT stock?

Based on 20 analysts offering ratings for Spotify Technology Sa.
Buy
Strong Buy
10 analysts 50%
Buy
2 analysts 10%
Hold
8 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SPOT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Rosenblatt
Bottom 9%
9
HoldMaintains$112.00+29.78%2022-09-07
UBS
Bottom 42%
42
HoldMaintains$142.00+64.54%2022-07-28
Citigroup
Bottom 4%
4
Strong BuyMaintains$145.00+68.02%2022-07-28
KeyBanc
Bottom 2%
2
Strong BuyMaintains$148.00+71.49%2022-07-28
Morgan Stanley
Top 13%
88
Strong BuyMaintains$140.00+62.22%2022-07-25
Evercore ISI Group
Top 10%
91
BuyMaintains$230.00+166.51%2022-07-07
JP Morgan
Top 2%
99
Strong BuyMaintains$145.00+68.02%2022-06-29
Wells Fargo
Top 25%
76
HoldUpgrades$124.00+43.68%2022-06-15
Goldman Sachs
Top 3%
98
HoldMaintains$133.00+54.11%2022-06-10
Bank of America
Bottom 21%
21
Strong BuyMaintains$164.00+90.03%2022-06-09

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Forecast return on equity

Is SPOT forecast to generate an efficient return?
Company
11.87%
Industry
37.97%
Market
121.74%
SPOT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SPOT forecast to generate an efficient return on assets?
Company
3.7%
Industry
27.21%
SPOT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SPOT earnings per share forecast

What is SPOT's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
-$2.03
Avg 2 year Forecast
-$0.84
Avg 3 year Forecast
$0.40

SPOT revenue forecast

What is SPOT's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$11.9B+5.48%
Avg 2 year Forecast
$13.7B+21.83%
Avg 3 year Forecast
$15.6B+38.68%
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
13.03%
Industry
4.3%
Market
8.59%
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 Stocks

TickerPricePrice TargetUp/downsideConsensus
SPOT$86.30$172.95+100.40%Buy
SNAP$9.82$18.62+89.56%Buy
PINS$23.30$26.94+15.63%Hold
DASH$49.45$114.64+131.84%Buy
MTCH$47.75$90.44+89.41%Buy

Spotify Stock Forecast FAQ

Is Spotify Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NYSE: SPOT) stock is to Buy SPOT stock.

Out of 20 analysts, 10 (50%) are recommending SPOT as a Strong Buy, 2 (10%) are recommending SPOT as a Buy, 8 (40%) 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 earnings growth forecast for 2022-2024?

(NYSE: SPOT) Spotify's forecast annual earnings growth rate of N/A is not forecast to beat the US Internet Content & Information industry's average forecast earnings growth rate of 6.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Spotify's earnings in 2022 is -$31,313,131.On average, 5 Wall Street analysts forecast SPOT's earnings for 2022 to be -$391,684,505, with the lowest SPOT earnings forecast at -$461,145,796, and the highest SPOT earnings forecast at -$306,787,371. On average, 9 Wall Street analysts forecast SPOT's earnings for 2023 to be -$162,076,347, with the lowest SPOT earnings forecast at -$347,306,458, and the highest SPOT earnings forecast at $77,179,213.

In 2024, SPOT is forecast to generate $77,179,213 in earnings, with the lowest earnings forecast at -$42,448,567 and the highest earnings forecast at $254,691,402.

What is SPOT's revenue growth forecast for 2022-2024?

(NYSE: SPOT) Spotify's forecast annual revenue growth rate of 13.03% is forecast to beat the US Internet Content & Information industry's average forecast revenue growth rate of 4.3%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Spotify's revenue in 2022 is $10,823,232,323.On average, 8 Wall Street analysts forecast SPOT's revenue for 2022 to be $2,295,427,101,075, with the lowest SPOT revenue forecast at $2,272,466,671,164, and the highest SPOT revenue forecast at $2,316,101,868,600. On average, 8 Wall Street analysts forecast SPOT's revenue for 2023 to be $2,651,286,559,038, with the lowest SPOT revenue forecast at $2,537,110,332,894, and the highest SPOT revenue forecast at $2,732,128,697,277.

In 2024, SPOT is forecast to generate $3,017,952,650,377 in revenue, with the lowest revenue forecast at $2,892,235,044,751 and the highest revenue forecast at $3,137,203,795,658.

What is SPOT's forecast return on assets (ROA) for 2022-2025?

(NYSE: SPOT) forecast ROA is 3.7%, which is lower than the forecast US Internet Content & Information industry average of 27.21%.

What is SPOT's Price Target?

According to 19 Wall Street analysts that have issued a 1 year SPOT price target, the average SPOT price target is $172.95, with the highest SPOT stock price forecast at $300.00 and the lowest SPOT stock price forecast at $95.00.

On average, Wall Street analysts predict that Spotify's share price could reach $172.95 by Sep 7, 2023. The average Spotify stock price prediction forecasts a potential upside of 100.4% from the current SPOT share price of $86.30.

What is SPOT's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: SPOT) Spotify's current Earnings Per Share (EPS) is -$0.16. On average, analysts forecast that SPOT's EPS will be -$2.03 for 2022, with the lowest EPS forecast at -$2.39, and the highest EPS forecast at -$1.59. On average, analysts forecast that SPOT's EPS will be -$0.84 for 2023, with the lowest EPS forecast at -$1.80, and the highest EPS forecast at $0.40. In 2024, SPOT's EPS is forecast to hit $0.40 (min: -$0.22, max: $1.32).

What is SPOT's forecast return on equity (ROE) for 2022-2025?

(NYSE: SPOT) forecast ROE is 11.87%, which is considered weak.
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