Spotify Technology (NYSE:SPOT) Price Target Cut to $525.00 by Analysts at Cantor Fitzgerald

Spotify Technology (NYSE:SPOT) had its target price decreased by research analysts at Cantor Fitzgerald from $615.00 to $525.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 10.26% from the stock’s current price.

A number of other research firms have also weighed in on SPOT. Wells Fargo & Company dropped their price objective on Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Barclays lowered their price target on shares of Spotify Technology from $700.00 to $625.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Citigroup upgraded Spotify Technology from a “neutral” rating to a “buy” rating and set a $650.00 price target on the stock in a report on Friday, January 30th. Guggenheim reduced their price objective on shares of Spotify Technology from $800.00 to $750.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, DZ Bank raised Spotify Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $721.26.

Spotify Technology Trading Up 14.8%

Shares of SPOT opened at $476.16 on Wednesday. Spotify Technology has a 1-year low of $405.00 and a 1-year high of $785.00. The firm has a fifty day simple moving average of $539.52 and a two-hundred day simple moving average of $624.59. The firm has a market cap of $98.04 billion, a PE ratio of 74.87, a P/E/G ratio of 0.78 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last announced its earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $2.00. Spotify Technology had a net margin of 8.46% and a return on equity of 21.68%. The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.14 billion. During the same period in the previous year, the business posted $1.88 earnings per share. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. As a group, research analysts forecast that Spotify Technology will post 10.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp boosted its stake in Spotify Technology by 1.1% during the third quarter. State Street Corp now owns 4,622,298 shares of the company’s stock worth $3,226,364,000 after buying an additional 48,070 shares during the period. Capital World Investors increased its stake in Spotify Technology by 40.7% during the 3rd quarter. Capital World Investors now owns 2,730,713 shares of the company’s stock worth $1,906,260,000 after buying an additional 789,755 shares during the period. Fisher Asset Management LLC raised its stake in shares of Spotify Technology by 2.4% in the fourth quarter. Fisher Asset Management LLC now owns 2,665,512 shares of the company’s stock valued at $1,547,890,000 after acquiring an additional 62,887 shares in the last quarter. Coatue Management LLC raised its position in Spotify Technology by 13.3% in the 3rd quarter. Coatue Management LLC now owns 1,803,173 shares of the company’s stock valued at $1,258,615,000 after purchasing an additional 212,006 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Spotify Technology by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 1,720,259 shares of the company’s stock worth $991,223,000 after acquiring an additional 93,274 shares in the last quarter. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Key Spotify Technology News

Here are the key news stories impacting Spotify Technology this week:

• Positive Sentiment: Q4 beat and margin improvement — Spotify reported EPS of $5.16 (well above consensus ~$3.16) and revenue roughly $5.3B; operating and gross margins expanded, showing better monetization and cost control, which bolsters near-term profitability expectations. Spotify pops 10% on strong user growth, earnings beat (CNBC)
• Positive Sentiment: Record user growth — Monthly active users hit ~751M (+11% YoY) and paid subscribers reached ~290M (+10% YoY), driven by 38M new MAUs in the quarter. Strong top-line audience growth supports both subscription upside and future ad pricing power. Spotify reports record growth in monthly listeners (MSN)
• Positive Sentiment: Raised/above-guidance outlook — Management signaled first-quarter profits above Street estimates and issued a revenue guide in line with expectations, reinforcing the beat-and-raise narrative that can sustain momentum. Spotify expects profit above estimates (Reuters)
• Positive Sentiment: New product / AI monetization potential — Spotify is pursuing AI-driven features (fan remixes, AI “derivatives” for artists) that could create new revenue streams and higher engagement — a long-term catalyst if commercialized successfully. Spotify eyes AI ‘derivatives’ as new revenue stream (MusicBusinessWorldwide)
• Neutral Sentiment: Leadership and strategy update — Founder Daniel Ek moved to a new role and co‑CEO Gustav Söderström described tighter execution and an “AI reality check.” Leadership changes create execution risk but management is presenting a clearer roadmap. What’s different at Spotify after Daniel Ek stepped back? (MSN)
• Neutral Sentiment: Market context and valuation debate — Coverage highlights that while Q4 was strong, SPOT had a deep YTD drawdown (discussion of “still down 34%”), so some of the move is catch‑up; valuation and execution expectations remain focal points for investors. Spotify Just Crushed Earnings—So Why Is the Stock Still Down 34%? (MarketBeat)
• Negative Sentiment: Analyst price target cut — KeyCorp trimmed its SPOT price target (from $830 to $720) even while keeping an Overweight rating; downward revisions by analysts can cap near-term upside and add volatility. KeyCorp Lowers Spotify Price Target to $720 (American Banking News)

Spotify Technology Company Profile

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.