717.49 USD
+8.34
1.18%
At close Jul 14, 4:00 PM EDT
After hours
717.49
+0.00
0.00%
1 day
1.18%
5 days
-2.84%
1 month
0.27%
3 months
30.65%
6 months
54.77%
Year to date
56.73%
1 year
137.46%
5 years
173.02%
10 years
381.50%
 

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

0
Funds holding %
of 7,315 funds
0
Analysts bullish %
of 20 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

118% more first-time investments, than exits

New positions opened: 220 | Existing positions closed: 101

29% more repeat investments, than reductions

Existing positions increased: 440 | Existing positions reduced: 340

24% more capital invested

Capital invested by funds: $59.7B [Q4 2024] → $73.8B (+$14.1B) [Q1 2025]

15% more funds holding in top 10

Funds holding in top 10: 53 [Q4 2024] → 61 (+8) [Q1 2025]

9% more funds holding

Funds holding: 1,046 [Q4 2024] → 1,141 (+95) [Q1 2025]

7% more call options, than puts

Call options by funds: $3.28B | Put options by funds: $3.08B

1.51% less ownership

Funds ownership: 67.29% [Q4 2024] → 65.78% (-1.51%) [Q1 2025]

Research analyst outlook

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

Low target
$550
23%
downside
Avg. target
$772
8%
upside
High target
$900
25%
upside

20 analyst ratings

17 positive
85%
neutral
15%
negative
0%
JP Morgan
Doug Anmuth
9%upside
$780
Overweight
Maintained
11 Jul 2025
Keybanc
Justin Patterson
20%upside
$860
Overweight
Maintained
11 Jul 2025
Morgan Stanley
Manan Gosalia
18%upside
$850
Overweight
Maintained
10 Jul 2025
Benchmark
Mark Zgutowicz
17%upside
$840
Buy
Maintained
10 Jul 2025
Barclays
Kannan Venkateshwar
12%upside
$800
Overweight
Maintained
9 Jul 2025

Financial journalist opinion

Based on 41 articles about SPOT published over the past 30 days

Positive
Proactive Investors
12 hours ago
AI band Velvet Sundown reportedly spoofs Spotify users
A new band, Velvet Sundown, went viral with over a million Spotify streams before it emerged they were entirely AI-generated, including their music, images and backstory, according to the Guardian. This revelation has sparked calls for streaming services to clearly label AI-created music, so listeners know what they're hearing.
AI band Velvet Sundown reportedly spoofs Spotify users
Neutral
Seeking Alpha
2 days ago
Spotify's Valuation Is Red-Lining (Rating Downgrade)
Spotify has been "running hot," and the stock now trades near all-time highs, up 770% since late 2022. While gross margins have improved and the company is now profitable on a GAAP basis, we don't think continued, structural margin gains are likely. At the same time, the stock is trading at an "extreme" valuation and looks too expensive given revenue growth.
Spotify's Valuation Is Red-Lining (Rating Downgrade)
Neutral
Investopedia
3 days ago
Top Stock Movers Now: Spotify, Albemarle, Nvidia, and More
U.S. equities were lower at midday after President Donald Trump made more tariff announcements. The Dow Jones Industrial Average, S&P 500, and Nasdaq all declined.
Top Stock Movers Now: Spotify, Albemarle, Nvidia, and More
Positive
Schwab Network
3 days ago
AMZN Price Targets Raised, Bulls Tune Into SPOT, LEVI Dresses Strong Earnings
Levi Strauss (LEVI) didn't just beat earnings, but also raised guidance, which Diane King Hall largely attributes to the stock's rally this morning. She talks about the business decisions from leadership that helped Levi win for the quarter.
AMZN Price Targets Raised, Bulls Tune Into SPOT, LEVI Dresses Strong Earnings
Neutral
Seeking Alpha
3 days ago
Spotify: A Case For Taking Profits Before Earnings
I love Spotify Technology S.A. as a product, but the stock's valuation is too high given current fundamentals and upcoming earnings risks. Recent analyst downward revisions, slowing margin expansion, and high institutional ownership signal limited upside and increased downside risk. Spotify's Q2 guidance shows slower user growth, flat margins, and currency headwinds, making a “WOW” earnings beat essential to justify the price.
Spotify: A Case For Taking Profits Before Earnings
Neutral
Zacks Investment Research
3 days ago
Spotify (SPOT) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading day saw Spotify (SPOT) settling at $709.95, representing a -1.69% change from its previous close.
Spotify (SPOT) Stock Drops Despite Market Gains: Important Facts to Note
Positive
Zacks Investment Research
4 days ago
Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.
Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It
Positive
Invezz
5 days ago
Barclays on media stocks: Disney, Netflix, Spotify gets upgrades
Barclays has revised its outlook on several major media and entertainment companies, citing strong advertising performance in traditional television, particularly in sports, as a potential source of upside for legacy media firms. The brokerage observed that advertising spend remained solid in the second quarter of 2025, even as streaming ad pricing continued to lag.
Barclays on media stocks: Disney, Netflix, Spotify gets upgrades
Positive
Investors Business Daily
6 days ago
Music Streamer Spotify Has 'Underappreciated Pricing Power'
Spotify stock scored a price-target hike from an analyst who thinks the music streamer has "underappreciated pricing power."
Music Streamer Spotify Has 'Underappreciated Pricing Power'
Neutral
Business Wire
6 days ago
Podcast Listening in Canada Reaches 39% of Canadian Adults Monthly as YouTube Surpasses Spotify in Platform Share
NEW YORK--(BUSINESS WIRE)--As Canadians turn increasingly to digital audio for news, entertainment, and connection, new data shows the country's podcast appetite has reached unprecedented levels. Triton Digital®, the global technology and services leader in the digital audio, podcast, and broadcast radio industries, today released the 2025 edition of the Canadian Podcast Report, offering a comprehensive year-in-review on podcast consumption across the country. The report analyzes listener behav.
Podcast Listening in Canada Reaches 39% of Canadian Adults Monthly as YouTube Surpasses Spotify in Platform Share
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