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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for SPOT

Based on 26 analysts offering 12 month price targets for Spotify Technology Sa.
Min Forecast
$230.00-29.03%
Avg Forecast
$372.89+15.06%
Max Forecast
$460.00+41.94%

Should I buy or sell SPOT stock?

Based on 26 analysts offering ratings for Spotify Technology Sa.
Strong Buy
Strong Buy
16 analysts 61.54%
Buy
4 analysts 15.38%
Hold
5 analysts 19.23%
Sell
0 analysts 0%
Strong Sell
1 analysts 3.85%

Be the first to know when Wall Street analysts revise their SPOT stock forecasts and price targets.

SPOT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-05Find Out Why
lockedlocked$00.00+00.00%2024-08-29
lockedlocked$00.00+00.00%2024-07-24Find Out Why
lockedlocked$00.00+00.00%2024-07-24Find Out Why
lockedlocked$00.00+00.00%2024-07-24Find Out Why
JP Morgan
Top 1%
100
Strong BuyMaintains$425.00+31.14%2024-07-24Find out why
TD Cowen
Top 31%
70
HoldMaintains$356.00+9.85%2024-07-24Find out why
Benchmark
Bottom 1%
1
Strong BuyMaintains$430.00+32.69%2024-07-24Find out why
Rosenblatt
Top 18%
83
Strong BuyMaintains$399.00+23.12%2024-07-24Find out why
Goldman Sachs
Top 1%
100
Strong BuyUpgrades$425.00+31.14%2024-07-24Find out why

1 of 3

Forecast return on equity

Is SPOT forecast to generate an efficient return?
Company
N/A
Industry
45.01%
Market
58.7%

Forecast return on assets

Is SPOT forecast to generate an efficient return on assets?
Company
N/A
Industry
32.87%

SPOT earnings per share forecast

What is SPOT's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$6.31+150.88%
Avg 2 year Forecast
$8.78+249.02%
Avg 3 year Forecast
$11.24+346.61%
SPOT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SPOT revenue forecast

What is SPOT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$17.1B+9.91%
Avg 2 year Forecast
$19.7B+26.62%
Avg 3 year Forecast
$22.2B+42.9%
SPOT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SPOT earnings growth forecast

How is SPOT forecast to perform vs Internet Content & Information companies and vs the US market?
Company
64.11%
Industry
12.95%
Market
17.03%
SPOT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SPOT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SPOT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SPOT revenue growth forecast

How is SPOT forecast to perform vs Internet Content & Information companies and vs the US market?
Company
12.25%
Industry
7.01%
Market
9.31%
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$324.07$372.89+15.06%Strong Buy
DASH$124.61$142.75+14.56%Buy
BIDU$81.63$130.18+59.48%Strong Buy
TME$10.15$13.84+36.38%Strong Buy
PINS$29.41$43.27+47.14%Strong Buy
View Top Internet Content & Information Stocks

Spotify Stock Forecast FAQ

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

The consensus among 26 Wall Street analysts covering (NYSE: SPOT) stock is to Strong Buy SPOT stock.

Out of 26 analysts, 16 (61.54%) are recommending SPOT as a Strong Buy, 4 (15.38%) are recommending SPOT as a Buy, 5 (19.23%) are recommending SPOT as a Hold, 0 (0%) are recommending SPOT as a Sell, and 1 (3.85%) 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 2024-2026?

(NYSE: SPOT) Spotify's forecast annual earnings growth rate of 64.11% is forecast to beat the US Internet Content & Information industry's average forecast earnings growth rate of 12.95%, and it is also forecast to beat the US market's average forecast earnings growth rate of 17.03%.

Spotify's earnings in 2024 is $506,521,739.On average, 9 Wall Street analysts forecast SPOT's earnings for 2024 to be $1,262,182,285, with the lowest SPOT earnings forecast at $1,151,764,831, and the highest SPOT earnings forecast at $1,393,715,429. On average, 8 Wall Street analysts forecast SPOT's earnings for 2025 to be $1,755,901,477, with the lowest SPOT earnings forecast at $1,623,668,477, and the highest SPOT earnings forecast at $1,949,601,927.

In 2026, SPOT is forecast to generate $2,246,881,228 in earnings, with the lowest earnings forecast at $2,011,589,270 and the highest earnings forecast at $2,523,484,751.

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

(NYSE: SPOT) Spotify's forecast annual revenue growth rate of 12.25% is forecast to beat the US Internet Content & Information industry's average forecast revenue growth rate of 7.01%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Spotify's revenue in 2024 is $15,729,347,826.On average, 7 Wall Street analysts forecast SPOT's revenue for 2024 to be $3,419,815,736,272, with the lowest SPOT revenue forecast at $3,410,183,702,957, and the highest SPOT revenue forecast at $3,433,512,939,554. On average, 7 Wall Street analysts forecast SPOT's revenue for 2025 to be $3,939,648,395,965, with the lowest SPOT revenue forecast at $3,892,375,248,276, and the highest SPOT revenue forecast at $3,996,252,038,538.

In 2026, SPOT is forecast to generate $4,446,257,355,696 in revenue, with the lowest revenue forecast at $4,376,952,306,518 and the highest revenue forecast at $4,538,591,302,795.

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 32.87%.

What is SPOT's Price Target?

According to 26 Wall Street analysts that have issued a 1 year SPOT price target, the average SPOT price target is $372.89, with the highest SPOT stock price forecast at $460.00 and the lowest SPOT stock price forecast at $230.00.

On average, Wall Street analysts predict that Spotify's share price could reach $372.89 by Sep 5, 2025. The average Spotify stock price prediction forecasts a potential upside of 15.06% from the current SPOT share price of $324.07.

What is SPOT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: SPOT) Spotify's current Earnings Per Share (EPS) is $2.54. On average, analysts forecast that SPOT's EPS will be $6.31 for 2024, with the lowest EPS forecast at $5.76, and the highest EPS forecast at $6.97. On average, analysts forecast that SPOT's EPS will be $8.78 for 2025, with the lowest EPS forecast at $8.12, and the highest EPS forecast at $9.75. In 2026, SPOT's EPS is forecast to hit $11.24 (min: $10.06, max: $12.62).

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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