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Spotify Technology SA (DE:639)
XETRA:639
RESEARCH TOOLSreports
Spotify Technology SA (639) Stock Forecast & Price Target
10 Followers
See the Price Targets and Ratings of:
639 Analyst Ratings
Strong Buy
22 Buy
5 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
639 Stock 12 Month Forecast
Average Price Target
€353.77
▲(13.42% Upside)
| Highest Price Target€424.01 | Average Price Target€353.77 | Lowest Price Target€212.00 |
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
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Evercore ISI
Reiterated
07/24/24
Benchmark Co.
Reiterated
07/24/24
Morgan Stanley
Reiterated
07/24/24
TD Cowen
Assigned
07/24/24
Guggenheim
Reiterated
07/24/24
Deutsche Bank
Reiterated
07/24/24
Barclays
Reiterated
07/24/24
Rosenblatt Securities
Reiterated
07/24/24
Bank of America Securities
Assigned
07/24/24
DZ BANK AG
Upgraded
07/24/24
Oppenheimer
―
Hold
―
Reiterated
07/24/24
Oppenheimer Reaffirms Their Hold Rating on Spotify Technology SA (SPOT)
Jefferies
€387.14
Buy
€387.14
(24.12% Upside)
Reiterated
07/24/24
Jefferies Sticks to Their Buy Rating for Spotify Technology SA (SPOT)
Monness
―
Hold
―
Reiterated
07/23/24
Spotify: Hold Rating Justified Amidst MAU Shortfall and Economic Challenges
J.P. Morgan
€391.75
Buy
€391.75
(25.60% Upside)
Reiterated
07/23/24
Spotify's Strong Financials and Market Positioning Justify Buy Rating
Goldman Sachs
€391.75
Buy
€391.75
(25.60% Upside)
Upgraded
07/23/24
Upgraded Buy Rating and Price Target for Spotify on Strong Q2'24 Performance and Market Leadership
Best Analysts Covering Spotify Technology SA
Which Analyst Should I Follow If I Want to Buy DE:639 and Sell After:
1 Month
xxx
Success Rate
12/17 ratings generated profit
Average Return
+0.08%
assigned a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 70.59% of your transactions generating a profit, with an average return of +0.08% per trade.
3 Months
xxx
Success Rate
12/17 ratings generated profit
Average Return
+7.99%
assigned a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 70.59% of your transactions generating a profit, with an average return of +7.99% per trade.
1 Year
Success Rate
12/17 ratings generated profit
Average Return
+26.04%
assigned a buy rating 3 days ago
Copying Steven Cahall's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +26.04% per trade.
2 Years
xxx
Success Rate
14/17 ratings generated profit
Average Return
+44.05%
assigned a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 82.35% of your transactions generating a profit, with an average return of +44.05% 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.
639 Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
24
51
34
38
34
Hold
8
13
11
11
8
Sell
0
0
0
0
1
Strong Sell
0
0
0
0
0
total
32
64
45
49
43
Each month's total comprises the sum of three months' worth of ratings.
639 Financial Forecast
639 Stock Forecast FAQ
What is DE:639’s average 12-month price target, according to analysts?
Based on analyst ratings, Spotify Technology SA’s 12-month average price target is €353.77.
What is DE:639’s upside potential, based on the analysts’ average price target?
Spotify Technology SA has 13.42% 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 Spotify Technology SA a Buy, Sell or Hold?
Spotify Technology SA has a consensus rating of Strong Buy, which is based on 22 buy ratings, 5 hold ratings and 1 sell ratings.
What is Spotify Technology SA’s share price target?
The average share price target for Spotify Technology SA is €353.77. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €424.01 ,and the lowest forecast is €212.00. The average share price target represents 13.42% Increase from the current price of €311.9.
The highest analyst share price target is €424.01 ,and the lowest forecast is €212.00. The average share price target represents 13.42% Increase from the current price of €311.9.
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 28 Wall Streets Analysts.
How can I buy shares of Spotify Technology SA?
To buy shares of DE:639, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.