Guggenheim Has Lowered Expectations for Spotify Technology (NYSE:SPOT) Stock Price

Spotify Technology (NYSE:SPOT) had its price target dropped by research analysts at Guggenheim from $720.00 to $600.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Guggenheim’s target price would indicate a potential upside of 28.62% from the company’s current price.

Other analysts have also issued research reports about the company. Rosenblatt Securities reduced their target price on Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Citizens Jmp began coverage on shares of Spotify Technology in a report on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price objective for the company. Benchmark cut their target price on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Phillip Securities raised Spotify Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, November 10th. Finally, Weiss Ratings raised Spotify Technology from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $702.55.

Spotify Technology Price Performance

Spotify Technology stock traded down $1.34 during mid-day trading on Tuesday, reaching $466.49. The stock had a trading volume of 1,418,237 shares, compared to its average volume of 3,443,466. Spotify Technology has a one year low of $405.00 and a one year high of $785.00. The company has a 50-day moving average price of $519.66 and a two-hundred day moving average price of $612.94. The company has a market capitalization of $96.02 billion, a price-to-earnings ratio of 48.26, a PEG ratio of 1.08 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last issued its earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $2.00. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.14 billion. During the same period in the previous year, the company earned $1.88 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, equities research analysts anticipate that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

Institutional Trading of Spotify Technology

Hedge funds have recently modified their holdings of the company. Arrow Capital Management LLC bought a new position in Spotify Technology in the fourth quarter valued at approximately $6,951,000. Virtu Financial LLC acquired a new stake in shares of Spotify Technology during the fourth quarter worth $3,577,000. Wick Capital Partners LLC acquired a new stake in shares of Spotify Technology in the 4th quarter valued at about $351,000. Corient Private Wealth LLC lifted its holdings in shares of Spotify Technology by 4.2% in the fourth quarter. Corient Private Wealth LLC now owns 21,978 shares of the company’s stock valued at $12,763,000 after purchasing an additional 891 shares in the last quarter. Finally, Alberta Investment Management Corp boosted its position in shares of Spotify Technology by 15.4% during the fourth quarter. Alberta Investment Management Corp now owns 4,500 shares of the company’s stock worth $2,613,000 after buying an additional 600 shares during the period. 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 stronger profitability guidance — Spotify reported a better‑than‑expected Q4 and pushed a profitability narrative for 2026, which supports a higher valuation and long‑term margin story that investors like. This underpins recent bullish commentary and re‑ratings. A Look At Spotify Technology (NYSE:SPOT) Valuation After Earnings Beat And Strong 2026 Profitability Guidance
• Positive Sentiment: Brokerage sentiment is constructive — several brokerages give SPOT an average “Moderate Buy” rating, which can support demand if earnings execution continues. Analysts leaning positive reduces tail‑risk from multiple compression. Spotify Technology (NYSE:SPOT) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: AI product rollouts expanding — Spotify is expanding its AI “Prompted Playlists” to the U.K., Ireland, Australia and Sweden, and continuing Premium feature rollouts. These product moves can drive engagement, retention and potential subscription upsell over time. Spotify rolls out AI-powered Prompted Playlists to the U.K. and other markets
• Positive Sentiment: UX personalization experiment could boost engagement — Spotify may let users “tune” taste profiles with notes, which could improve recommendations and listener satisfaction if broadly adopted. Spotify may let you tune your taste profile with notes
• Neutral Sentiment: Analyst / bank commentary on FY2027 — reports that Erste Group weighed in on FY2027 earnings provide context but no clear market‑moving revision was reported; useful for modeling but not an immediate catalyst. Erste Group Bank Weighs in on SPOT FY2027 Earnings
• Neutral Sentiment: Peripheral coverage mentions SPOT in IPO/market stories — general articles listing notable tech IPOs reference the market environment rather than Spotify fundamentals. Limited direct impact on SPOT stock. 3 of the Most Highly Anticipated IPOs of 2026 (SPOT)
• Negative Sentiment: Near‑term ad weakness remains a headwind — investor letters and commentary (Artisan Partners) highlight continued softness in ad demand, which pressures near‑term revenue and offsets some of the profitability progress; this is likely why the stock is trading down despite the earnings beat. Spotify (SPOT) was Hurt by Continued Near-Term Advertising Weakness

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.