Steadview Capital Management LLC Has $30.59 Million Holdings in Spotify Technology $SPOT

Steadview Capital Management LLC reduced its holdings in Spotify Technology (NYSE:SPOT) by 25.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 43,820 shares of the company’s stock after selling 14,730 shares during the period. Spotify Technology accounts for approximately 4.4% of Steadview Capital Management LLC’s portfolio, making the stock its 7th largest position. Steadview Capital Management LLC’s holdings in Spotify Technology were worth $30,586,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPOT. Helios Capital Management PTE. Ltd. increased its stake in Spotify Technology by 56.3% during the third quarter. Helios Capital Management PTE. Ltd. now owns 7,500 shares of the company’s stock valued at $5,235,000 after acquiring an additional 2,700 shares during the period. Generali Asset Management SPA SGR lifted its position in shares of Spotify Technology by 30.9% in the 3rd quarter. Generali Asset Management SPA SGR now owns 68,023 shares of the company’s stock worth $46,692,000 after acquiring an additional 16,054 shares during the period. Cynosure Group LLC acquired a new stake in shares of Spotify Technology during the 3rd quarter worth approximately $2,862,000. Commonwealth Equity Services LLC increased its position in shares of Spotify Technology by 12.2% during the third quarter. Commonwealth Equity Services LLC now owns 18,676 shares of the company’s stock valued at $13,036,000 after purchasing an additional 2,032 shares during the period. Finally, Elite Wealth Management Inc. bought a new stake in shares of Spotify Technology during the third quarter valued at approximately $3,179,000. 84.09% of the stock is owned by institutional investors.

Spotify Technology Trading Down 0.7%

Shares of SPOT stock opened at $498.54 on Friday. The firm has a market capitalization of $102.64 billion, a price-to-earnings ratio of 78.39, a PEG ratio of 0.95 and a beta of 1.66. The firm’s 50 day moving average is $571.95 and its 200-day moving average is $646.31. Spotify Technology has a 1 year low of $475.01 and a 1 year high of $785.00.

Spotify Technology (NYSE:SPOT) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $3.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $1.96. The firm had revenue of $5.01 billion for the quarter, compared to the consensus estimate of $4.23 billion. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.45 EPS. On average, equities research analysts forecast that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on SPOT shares. Citizens Jmp started coverage on shares of Spotify Technology in a report on Wednesday, December 17th. They issued a “market outperform” rating and a $800.00 price target on the stock. Erste Group Bank cut shares of Spotify Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Wells Fargo & Company cut their price target on shares of Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Benchmark lowered their price objective on Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Spotify Technology in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $741.40.

Spotify Technology News Roundup

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

• Positive Sentiment: Spotify rolled out an AI-driven “prompted playlist” for Premium users in the U.S. and Canada — a feature that personalizes playlists from user prompts and could boost engagement and retention versus rivals. Spotify’s new playlist generator lets you add your vibes, feelings or memories
• Positive Sentiment: The same “prompted playlist” rollout and its product differentiation were widely reported (tech press/consumer-facing coverage), reinforcing Spotify’s AI-first positioning that may help retain subscribers. Spotify launches AI-driven ‘prompted playlist’ for premium users in US, Canada
• Positive Sentiment: Reported features that sync audiobooks to physical books signal expansion into deeper audiobook/publisher integrations — a potential avenue for higher ARPU and content differentiation over time. New reported Spotify feature syncs audiobooks to physical books
• Positive Sentiment: A recent bullish take highlights Spotify’s market leadership and growth trajectory, arguing the stock’s pullback may present a buying opportunity if engagement metrics keep improving. Spotify Tunes Into Demand: SPOT Bull Case as Stock Nears 52-Week Low
• Neutral Sentiment: Spotify raised U.S. Premium prices — a move that could lift revenue (ARPU) but also risks incremental churn; investors are parsing whether higher prices will hurt growth. Spotify (SPOT) Valuation Check As New Premium Price Hikes Test Growth And Churn Concerns
• Negative Sentiment: Barclays issued a pessimistic forecast for SPOT, which can weigh on sentiment and put pressure on the stock if the firm lowered targets or highlighted execution risks. Barclays Issues Pessimistic Forecast for Spotify Technology (NYSE:SPOT) Stock Price
• Negative Sentiment: Commentary from market voices (e.g., Jim Cramer) pointing to high price-to-earnings multiples as a headwind is adding to selling pressure amid concerns about Spotify’s valuation. Jim Cramer says high price-to-earnings multiples are hurting Spotify stock

Spotify Technology 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.