SPOT icon

Spotify
SPOT

Overview Fund Activity
703.10 USD
+6.70
0.96%
At close Updated Sep 15, 4:00 PM EDT
Pre-market
After hours
704.89
+1.79
0.25%
1 day
0.96%
5 days
-1.74%
1 month
-4.05%
3 months
-1.74%
6 months
17.68%
Year to date
53.59%
1 year
107.51%
5 years
195.53%
10 years
371.85%
 

About: Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

Employees: 7,691

Communication Services Internet Content & Information
0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 19 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

178% more first-time investments, than exits

New positions opened: 272 | Existing positions closed: 98

42% more capital invested

Capital invested by funds: $73.9B [Q1] → $105B (+$31.2B) [Q2]

41% more repeat investments, than reductions

Existing positions increased: 510 | Existing positions reduced: 361

14% more funds holding

Funds holding: 1,148 [Q1] → 1,303 (+155) [Q2]

3% more funds holding in top 10

Funds holding in top 10: 61 [Q1] → 63 (+2) [Q2]

1.09% more ownership

Funds ownership: 65.89% [Q1] → 66.98% (+1.09%) [Q2]

5% more call options, than puts

Call options by funds: $5.27B | Put options by funds: $5.02B

See Fund Rankings

Research analyst outlook

19 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$640
9% downside
Avg. target
$794
13% upside
High target
$900
28% upside

19 analyst ratings

16  positive
84%
3  neutral
16%
0  negative
0%
Citigroup
Jason Bazinet
$750
Neutral
Maintained
9 Sep 2025
Guggenheim
Michael Morris
$850
Buy
Reiterated
3 Sep 2025
Oppenheimer
Jason Helfstein
$825
Outperform
Maintained
18 Aug 2025
Barclays
Kannan Venkateshwar
$750
Overweight
Maintained
30 Jul 2025
Morgan Stanley
Manan Gosalia
$800
Overweight
Maintained
30 Jul 2025
See Analyst Rankings

Financial journalist opinion

Based on 31 articles about SPOT published over the past 30 days

Positive
TechCrunch
19 hours ago
Spotify will now let free users pick and play tracks
Following its long-awaited launch of lossless streaming for paid subscribers, Spotify is upgrading its service for free users, too. On Monday, the company announced that free users globally will now be able to search and play any song they want or play a song shared by a friend or an artist they follow on social media.
Spotify will now let free users pick and play tracks
Positive
Seeking Alpha
yesterday
Spotify: The Global Audio Ecosystem
Spotify's freemium model and industry-leading personalization drive strong user growth and extremely low churn, supporting a robust long-term outlook. The company's global leadership, data advantage, and bundling of music, podcasts, and audiobooks create a sticky, differentiated platform with high monetization potential. Rising advertising revenues, especially from podcasts, are expected to expand margins and provide a significant runway for future profitability.
Spotify: The Global Audio Ecosystem
Positive
Invezz
3 days ago
Top three ‘cash rich' stocks that can weather any market downturn
With US equities hovering near record levels and economics indicators flashing warning signs – Morgan Stanley is urging investors to seek shelter in companies with robust free cash flows. According to the investment firm, “cash-rich” businesses are better equipped to navigate volatility, thanks to their ability to self-finance operations and growth.
Top three ‘cash rich' stocks that can weather any market downturn
Positive
Investors Business Daily
3 days ago
Spotify Stock Waiting For Price Hikes, Superfan Tier
Spotify stock has struggled to maintain gains since the streaming music leader delivered a mixed second-quarter report in late July.
Spotify Stock Waiting For Price Hikes, Superfan Tier
Positive
Seeking Alpha
4 days ago
Spotify: Testing The Limits Of Elasticity With Fresh Price Increases
Spotify Technology is thriving despite a tough macro environment, as music streaming remains a non-negotiable expense for many consumers. In September, the company will raise prices in non-U.S. markets by ~9%, which will further bolster the company's margin profile and revenue growth. Spotify's stock has surged ~50% year-to-date, driven by robust retention and progress toward margin improvement targets.
Spotify: Testing The Limits Of Elasticity With Fresh Price Increases
Positive
WSJ
10 days ago
Inside Spotify's Plot to Take Down Apple
The music service's rebellion against an App Store ‘tax' over the past decade has significantly weakened Apple's grip on the mobile world
Inside Spotify's Plot to Take Down Apple
Neutral
Seeking Alpha
12 days ago
Portfolio Positioning For An Uncertain Market With Next Gen Investors
Rob Isbitts from Sungarden Investors Club talks again to analysts Julia Ostian, Jack Bowman, and Kenio Fontes. Market risks are rising as valuations stretch, yield curves steepen, and concentration in mega-cap tech increases vulnerability.
Portfolio Positioning For An Uncertain Market With Next Gen Investors
Positive
Zacks Investment Research
12 days ago
Is Most-Watched Stock Spotify Technology (SPOT) Worth Betting on Now?
Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.
Is Most-Watched Stock Spotify Technology (SPOT) Worth Betting on Now?
Neutral
Business Wire
12 days ago
Smartly Partners with Spotify to Expand Cross-Channel Advertising
NEW YORK--(BUSINESS WIRE)--Smartly, the AI-powered advertising platform for creative, media, and measurement, today announced it is integrating with Spotify Ads Manager, giving brands and agencies the ability to run Spotify audio and video campaigns directly through Smartly alongside other major digital channels. The collaboration combines Spotify's highly-engaged environment with Smartly's AI-powered creative scalability, real-time optimizations, and unified cross-channel measurement. With thi.
Smartly Partners with Spotify to Expand Cross-Channel Advertising
Neutral
Accesswire
12 days ago
Tickeri Joins Forces With Spotify to Bring Latin Music Fans Closer to Live Shows
Fans can now discover Tickeri tickets directly on Spotify, the world's most popular audio streaming subscription service LOS ANGELES, CALIFORNIA / ACCESS Newswire / September 3, 2025 / Tickeri, the premier ticketing platform dedicated to Latin events and culture in the U.S., is proud to announce its new partnership with Spotify. The collaboration offers fans a seamless way to discover and connect with Latin concerts, right where they listen to their favorite artists.
Tickeri Joins Forces With Spotify to Bring Latin Music Fans Closer to Live Shows
See News Rankings
Charts implemented using Lightweight Charts™