SPOT
Spotify Technology S.A. NYSE Listed Apr 3, 2018$468.08
+2.74%
vs $455.60
Mkt Cap $96.2B
52w Low $405.00
16.6% of range
52w High $785.00
50d MA $479.07
200d MA $556.13
P/E (TTM)
44.5x
EV/EBITDA
38.0x
P/B
11.5x
Debt/Equity
0.3x
ROE
—
P/FCF
34.3x
RSI (14)
37.60
ATR (14)
$18.72
Beta
1.70
50d MA
$479.07
200d MA
$556.13
Avg Volume
2.2M
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
42-44, avenue de la Gare · Luxembourg City, N4 1610 · LU
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 28, 2026 | BMO | 3.41 | 4.04 | +18.5% | 495.82 | -10.2% | -12.4% | +2.2% | +0.7% | -1.1% | -0.7% | — |
| Feb 10, 2026 | BMO | 3.21 | 5.16 | +60.7% | 414.84 | +11.6% | +14.7% | +2.3% | -8.5% | +2.8% | +1.0% | — |
| Nov 4, 2025 | BMO | 2.29 | 3.83 | +67.2% | 644.09 | -2.9% | -2.2% | -1.5% | -0.3% | -0.2% | +1.0% | — |
| Jul 29, 2025 | BMO | 2.30 | -0.48 | -120.9% | 700.98 | -6.2% | -11.6% | +4.9% | -3.7% | +0.1% | +5.0% | — |
| Apr 29, 2025 | BMO | 2.37 | 1.13 | -52.3% | 597.73 | -6.6% | -3.5% | +6.4% | -1.9% | +6.9% | -1.0% | — |
| Feb 4, 2025 | BMO | 2.06 | 1.88 | -8.7% | 549.08 | +8.5% | +13.2% | +0.7% | -0.0% | -0.5% | +2.4% | — |
| Nov 12, 2024 | BMO | 1.88 | 1.61 | -14.4% | 410.19 | +1.4% | +2.3% | +11.4% | +2.2% | -4.0% | -0.9% | — |
| Jul 23, 2024 | BMO | 1.06 | 1.33 | +25.5% | 295.45 | +14.9% | +12.0% | +1.7% | -2.2% | -2.1% | +0.6% | — |
| Apr 23, 2024 | BMO | 0.65 | 0.97 | +49.2% | 272.24 | +10.6% | +11.4% | -7.3% | +2.8% | +0.2% | -1.2% | — |
| Feb 6, 2024 | BMO | -0.08 | -0.39 | -387.5% | 223.25 | +8.0% | +3.9% | +3.8% | -0.3% | +0.3% | -2.5% | — |
| Oct 24, 2023 | BMO | -0.22 | 0.33 | +250.0% | 154.61 | +6.1% | +10.4% | -5.2% | -2.1% | +0.6% | +2.1% | — |
| Jul 25, 2023 | BMO | -0.63 | -1.55 | -146.0% | 163.72 | -8.3% | -14.3% | +6.2% | -3.1% | +2.8% | +0.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 30 | UBS | Maintains | Buy → Buy | — | $443.57 | $436.69 | -1.6% | +0.7% | -1.1% | -0.7% | -4.3% | +1.4% |
| Apr 29 | Guggenheim | Maintains | Buy → Buy | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Barclays | Maintains | Overweight → Overweight | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Rosenblatt | Upgrade | Neutral → Buy | $500 | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Citizens | Maintains | Market Outperform → Market Outperform | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Canaccord Genuity | Maintains | Buy → Buy | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Wells Fargo | Maintains | Overweight → Overweight | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | JP Morgan | Maintains | Overweight → Overweight | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Rosenblatt | Maintains | Neutral → Neutral | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Benchmark | Maintains | Buy → Buy | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Goldman Sachs | Maintains | Buy → Buy | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 29 | Pivotal Research Group | Reiterates | Hold | $400 | $434.20 | $434.15 | -0.0% | +2.2% | +0.7% | -1.1% | -0.7% | -4.3% |
| Apr 15 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $511.36 | $516.90 | +1.1% | +3.9% | +0.1% | +1.0% | +0.0% | -2.7% |
| Apr 13 | Wells Fargo | Maintains | Overweight → Overweight | — | $475.99 | $478.36 | +0.5% | +5.9% | +1.4% | +3.9% | +0.1% | +1.0% |
| Apr 8 | Barclays | Maintains | Overweight → Overweight | — | $483.18 | $494.00 | +2.2% | -0.0% | +0.7% | -2.2% | +5.9% | +1.4% |
| Feb 24 | Guggenheim | Maintains | Buy → Buy | — | $467.83 | $462.50 | -1.1% | -0.5% | -0.5% | +7.0% | +3.9% | -1.5% |
| Feb 11 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $476.02 | $489.74 | +2.9% | +2.3% | -8.5% | +2.8% | +1.0% | +3.2% |
| Feb 11 | Guggenheim | Maintains | Buy → Buy | — | $476.02 | $489.74 | +2.9% | +2.3% | -8.5% | +2.8% | +1.0% | +3.2% |
| Feb 11 | Barclays | Maintains | Overweight → Overweight | — | $476.02 | $489.74 | +2.9% | +2.3% | -8.5% | +2.8% | +1.0% | +3.2% |
| Feb 11 | Evercore ISI | Maintains | Outperform → Outperform | — | $476.02 | $489.74 | +2.9% | +2.3% | -8.5% | +2.8% | +1.0% | +3.2% |
| Feb 9 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $422.61 | $430.82 | +1.9% | -1.8% | +14.7% | +2.3% | -8.5% | +2.8% |
| Jan 23 | Goldman Sachs | Upgrade | Neutral → Buy | — | $498.64 | $510.63 | +2.4% | +2.9% | -0.1% | -0.2% | -0.6% | -0.9% |
| Jan 20 | Barclays | Maintains | Overweight → Overweight | — | $504.50 | $504.26 | -0.0% | +1.4% | -1.8% | -0.7% | +2.9% | -0.1% |
| Jan 16 | Benchmark | Maintains | Buy → Buy | — | $508.04 | $508.00 | -0.0% | -0.7% | +1.4% | -1.8% | -0.7% | +2.9% |
| Jan 14 | Bernstein | Maintains | Outperform → Outperform | — | $534.64 | $537.00 | +0.4% | -1.1% | -3.9% | -0.7% | +1.4% | -1.8% |
| Jan 13 | Wells Fargo | Maintains | Overweight → Overweight | — | $530.00 | $536.71 | +1.3% | +0.9% | -1.1% | -3.9% | -0.7% | +1.4% |
| Jan 9 | UBS | Maintains | Buy → Buy | — | $553.68 | $553.58 | -0.0% | -2.6% | -1.7% | +0.9% | -1.1% | -3.9% |
| Jan 8 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $569.62 | $567.50 | -0.4% | -2.8% | -2.6% | -1.7% | +0.9% | -1.1% |
| Jan 8 | Guggenheim | Maintains | Buy → Buy | — | $569.62 | $567.50 | -0.4% | -2.8% | -2.6% | -1.7% | +0.9% | -1.1% |
| Nov 5 | Guggenheim | Maintains | Buy → Buy | — | $629.60 | $626.00 | -0.6% | -1.5% | -0.3% | -0.2% | +1.0% | +2.7% |
| Nov 5 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $629.60 | $626.00 | -0.6% | -1.5% | -0.3% | -0.2% | +1.0% | +2.7% |
| Nov 5 | Barclays | Maintains | Overweight → Overweight | — | $629.60 | $626.00 | -0.6% | -1.5% | -0.3% | -0.2% | +1.0% | +2.7% |
| Nov 5 | Rosenblatt | Maintains | Neutral → Neutral | — | $629.60 | $626.00 | -0.6% | -1.5% | -0.3% | -0.2% | +1.0% | +2.7% |
| Nov 5 | Benchmark | Maintains | Buy → Buy | — | $629.60 | $626.00 | -0.6% | -1.5% | -0.3% | -0.2% | +1.0% | +2.7% |
| Oct 29 | Rosenblatt | Maintains | Neutral → Neutral | — | $653.43 | $651.43 | -0.3% | +1.9% | -1.4% | -0.2% | -1.7% | -2.2% |
| Oct 1 | Rosenblatt | Maintains | Neutral → Neutral | — | $698.00 | $699.50 | +0.2% | +0.4% | +0.9% | -3.8% | -0.0% | +0.0% |
| Sep 30 | Goldman Sachs | Downgrade | Buy → Neutral | — | $728.47 | $705.26 | -3.2% | -4.2% | +0.4% | +0.9% | -3.8% | -0.0% |
| Sep 29 | JP Morgan | Maintains | Overweight → Overweight | — | $716.53 | $726.91 | +1.4% | +1.7% | -4.2% | +0.4% | +0.9% | -3.8% |
| Sep 9 | Citigroup | Maintains | Neutral → Neutral | — | $718.28 | $715.57 | -0.4% | +0.1% | -2.1% | -2.0% | +0.9% | +1.0% |
| Sep 3 | Guggenheim | Maintains | Buy → Buy | — | $689.62 | $693.69 | +0.6% | +1.1% | +0.9% | +0.5% | +1.6% | +0.1% |
| Aug 18 | Guggenheim | Maintains | Buy → Buy | — | $732.81 | $734.00 | +0.2% | -0.6% | -1.2% | -2.2% | -2.0% | +0.5% |
| Aug 18 | Oppenheimer | Maintains | Outperform → Outperform | — | $732.81 | $734.00 | +0.2% | -0.6% | -1.2% | -2.2% | -2.0% | +0.5% |
| Jul 30 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $620.01 | $623.00 | +0.5% | +4.9% | -3.7% | +0.1% | +5.0% | -1.8% |
| Jul 30 | UBS | Maintains | Buy → Buy | — | $620.01 | $623.00 | +0.5% | +4.9% | -3.7% | +0.1% | +5.0% | -1.8% |
| Jul 30 | Guggenheim | Maintains | Buy → Buy | — | $620.01 | $623.00 | +0.5% | +4.9% | -3.7% | +0.1% | +5.0% | -1.8% |
| Jul 30 | Benchmark | Maintains | Buy → Buy | — | $620.01 | $623.00 | +0.5% | +4.9% | -3.7% | +0.1% | +5.0% | -1.8% |
| Jul 30 | Morgan Stanley | Maintains | Overweight → Overweight | — | $620.01 | $623.00 | +0.5% | +4.9% | -3.7% | +0.1% | +5.0% | -1.8% |
| Jul 30 | Barclays | Maintains | Overweight → Overweight | — | $620.01 | $623.00 | +0.5% | +4.9% | -3.7% | +0.1% | +5.0% | -1.8% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 2, 2026 | Norstrom AlexDir/Off | Co-Chief Executive Officer | Sell | 5,436 | $498.27 | $2.7M | 68,389 | +1.24% | +1.39% |
| Jun 2, 2026 | Soderstrom GustavDir/Off | Co-Chief Executive Officer | Sell | 20,833 | $496.52 | $10.3M | 20,375 | +1.24% | +1.39% |
| May 26, 2026 | Marshall Christopher PDir | — | Sell | 2,650 | $519.86 | $1.4M | 4,039 | -3.68% | +1.24% |
| May 26, 2026 | STAGGS THOMAS ODir | — | Sell | 5,477 | $526.00 | $2.9M | 3,619 | +0.76% | -2.78% |
| May 22, 2026 | Lorentzon Sven Hans MartinDir | — | Sell | 35,380 | $525.73 | $18.6M | 6,383 | +0.76% | -2.78% |
| May 5, 2026 | Norstrom AlexDir/Off | Co-Chief Executive Officer | Sell | 5,436 | $433.07 | $2.4M | 69,197 | -2.25% | +0.38% |
| May 5, 2026 | Soderstrom GustavDir/Off | Co-Chief Executive Officer | Sell | 20,833 | $430.72 | $9.0M | 20,492 | -2.25% | +0.38% |
No recent filings available.
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 13,201,436 | $7.7B | Reduced | Dec 2025 |
| 2 | Jennison Associates Llc | 3,007,221 | $1.7B | Reduced | Dec 2025 |
| 3 | Sands Capital Management, Llc | 1,794,226 | $870M | Added | Mar 2026 |
| 4 | Forsta Ap-Fonden | 1,474,412 | $856M | Added | Dec 2025 |
| 5 | Bank Of America Corp /de/ | 1,759,697 | $853M | Reduced | Mar 2026 |
| 6 | Janus Henderson Group Plc | 1,711,015 | $830M | New | Mar 2026 |
| 7 | Tiger Global Management | 1,580,761 | $767M | New | Mar 2026 |
| 8 | Northern Trust Corp | 1,480,708 | $718M | — | Mar 2026 |
| 9 | Jpmorgan Chase & Co | 1,498,784 | $712M | Reduced | Mar 2026 |
| 10 | Swedbank Ab | 1,393,327 | $676M | Reduced | Mar 2026 |
| 11 | Coatue Management | 1,320,914 | $641M | Reduced | Mar 2026 |
| 12 | Artisan Partners Limited Partnership | 1,306,047 | $633M | Added | Mar 2026 |
| 13 | Edgewood Management Llc | 1,280,696 | $621M | Added | Mar 2026 |
| 14 | Schroder Investment Management Group | 1,235,814 | $599M | Added | Mar 2026 |
| 15 | Technology Crossover Management Xi, Ltd. | 1,000,000 | $581M | — | Dec 2025 |
| 16 | Amundi | 1,104,484 | $536M | New | Mar 2026 |
| 17 | Fmr Llc | 1,025,186 | $497M | Reduced | Mar 2026 |
| 18 | Point72 Asset Management | 916,117 | $444M | Reduced | Mar 2026 |
| 19 | Franklin Resources Inc | 861,164 | $418M | — | Mar 2026 |
| 20 | Citadel Advisors Llc | 809,008 | $392M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$96.25B
Enterprise Value
$89.50B
P/E (TTM)
44.54x
Forward P/E
35.49x
PEG Ratio
0.51x
P/B
11.54x
P/S
5.73x
P/FCF
34.31x
EV/EBITDA
37.97x
Shares Out
210.5M
Financials (TTM)
Revenue
$17.19B
Net Income
$2.21B
EBITDA
$2.36B
Free Cash Flow
$2.87B
Op Cash Flow
$2.93B
EPS Basic
$10.77
EPS Diluted
$10.51
EPS Forward
$13.19
Gross Margin
32.0%
Op Margin
12.8%
Net Margin
12.9%
Balance Sheet
Total Assets
$15.01B
Total Liab.
$6.68B
Total Equity
$8.33B
Cash
$9.46B
LT Debt
$432.8M
Book Value/Sh
$40.54
Debt/Equity
0.28x
Current Ratio
1.72
Quick Ratio
1.72
Returns & Growth
ROE
—
ROA
—
ROIC
21.1%
Rev Growth YoY
+9.7%
EPS Growth YoY
+90.0%
Price Returns
2W
+15.1%
1M
+11.4%
3M
-3.4%
6M
-16.9%
12M
-25.2%
Technicals
52W High
$785.00
52W Low
$405.00
50d MA
$479.07
200d MA
$556.13
RSI (14)
37.60
ATR (14)
$18.72
Beta
1.70
Avg Volume
2.2M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$630.64
High
$750.00
Low
$420.00
Median
$665.00
Data updated apr 27, 2026 2:37am
· Source: financialmodelingprep.com