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Spotify Technology SA (SPOT)
NYSE:SPOT
Holding SPOT?
Track your performance easily
See the Price Targets and Ratings of:
SPOT Analyst Ratings
Strong Buy
13 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SPOT Stock 12 Month Forecast
Average Price Target
$431.00
▲(13.67% Upside)
| Highest Price Target$510.00 | Average Price Target$431.00 | Lowest Price Target$340.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Reiterated
10/23/24
Jefferies
Reiterated
10/23/24
Rosenblatt Securities
Reiterated
10/17/24
KeyBanc
Reiterated
10/16/24
Barclays
Reiterated
10/09/24
Goldman Sachs
Reiterated
10/04/24
Wells Fargo
Reiterated
10/03/24
Bank of America Securities
Assigned
10/02/24
Wolfe Research
Reiterated
10/02/24
CFRA
Reiterated
09/24/24
Pivotal Research
$460→$510
Buy
34.51%
Upside
Reiterated
09/19/24
Analysts Offer Insights on Communication Services Companies: T Mobile US (NASDAQ: TMUS) and Spotify Technology SA (NYSE: SPOT)
Cantor Fitzgerald
$340
Hold
-10.33%
Downside
Initiated
09/04/24
Spotify initiated with a Neutral at Cantor FitzgeraldSpotify initiated with a Neutral at Cantor Fitzgerald
Evercore ISI
$460
Buy
21.32%
Upside
Reiterated
08/29/24
Spotify: Streaming Ahead with Strong Leadership and Strategic Podcast Integration
Phillip Securities
$420
Buy
10.77%
Upside
Reiterated
07/25/24
Spotify's Strong Financials and Strategic Market Positioning Merit Buy Rating
Benchmark Co.
$405→$430
Buy
13.41%
Upside
Reiterated
07/24/24
Analysts Offer Insights on Communication Services Companies: Meta Platforms (NASDAQ: META), Spotify Technology SA (NYSE: SPOT) and Alphabet Class A (NASDAQ: GOOGL)
Best Analysts Covering Spotify Technology SA
Which Analyst Should I Follow If I Want to Buy SPOT and Sell After:
1 Month
xxx
Success Rate
14/19 ratings generated profit
Average Return
+0.35%
reiterated a xxx
rating 30 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 73.68% of your transactions generating a profit, with an average return of +0.35% per trade.
3 Months
xxx
Success Rate
14/19 ratings generated profit
Average Return
+8.49%
reiterated a xxx
rating 24 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 73.68% of your transactions generating a profit, with an average return of +8.49% per trade.
1 Year
Success Rate
16/21 ratings generated profit
Average Return
+44.38%
reiterated a buy rating 2 months ago
Copying Mark Mahaney's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +44.38% per trade.
2 Years
xxx
Success Rate
28/30 ratings generated profit
Average Return
+89.97%
reiterated a xxx
rating 17 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 93.33% of your transactions generating a profit, with an average return of +89.97% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SPOT Analyst Recommendation Trends
Rating
Jun 24
Jul 24
Aug 24
Sep 24
Oct 24
Strong Buy
0
0
0
0
0
Buy
38
40
44
46
24
Hold
11
10
7
8
1
Sell
0
1
1
1
0
Strong Sell
0
0
0
0
0
total
49
51
52
55
25
Each month's total comprises the sum of three months' worth of ratings.
SPOT Financial Forecast
SPOT Stock Forecast FAQ
What is SPOT’s average 12-month price target, according to analysts?
Based on analyst ratings, Spotify Technology SA’s 12-month average price target is $431.00.
What is SPOT’s upside potential, based on the analysts’ average price target?
Spotify Technology SA has 13.67% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SPOT a Buy, Sell or Hold?
Spotify Technology SA has a consensus rating of Strong Buy which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings.
What is Spotify Technology SA’s price target?
The average price target for Spotify Technology SA is $431.00. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $510.00 ,the lowest forecast is $340.00. The average price target represents 13.67% Increase from the current price of $379.16.
The highest analyst price target is $510.00 ,the lowest forecast is $340.00. The average price target represents 13.67% Increase from the current price of $379.16.
What do analysts say about Spotify Technology SA?
Spotify Technology SA’s analyst rating consensus is a Strong Buy. This is based on the ratings of 14 Wall Streets Analysts.
How can I buy shares of SPOT?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.