Investment Analysts’ Weekly Ratings Changes for Spotify Technology (SPOT)

Spotify Technology (NYSE: SPOT) recently received a number of ratings updates from brokerages and research firms:

• 10/26/2026 – Spotify Technology was downgraded by Phillip Securities from “strong-buy” to “moderate buy”.
• 10/23/2026 – Spotify Technology had its price target raised by Morgan Stanley from $640.00 to $700.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – Spotify Technology had its “neutral” rating reaffirmed by Piper Sandler. They now have a $580.00 price target on the stock, up from $540.00.
• 10/23/2026 – Spotify Technology had its price target raised by Oppenheimer from $550.00 to $650.00. They now have an “outperform” rating on the stock.
• 10/23/2026 – Spotify Technology had its price target raised by JPMorgan Chase & Co. from $650.00 to $700.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – Spotify Technology had its price target raised by Wells Fargo & Company from $570.00 to $660.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – Spotify Technology had its price target raised by Barclays from $565.00 to $650.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – Spotify Technology had its “hold” rating reaffirmed by TD Cowen. They now have a $525.00 price target on the stock.
• 10/23/2026 – Spotify Technology had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $625.00 price target on the stock.
• 10/23/2026 – Spotify Technology had its price target raised by Guggenheim from $575.00 to $650.00. They now have a “buy” rating on the stock.
• 10/23/2026 – Spotify Technology had its price target raised by Cantor Fitzgerald from $490.00 to $550.00. They now have a “neutral” rating on the stock.
• 10/22/2026 – Spotify Technology was downgraded by Zacks Research from “hold” to “strong sell”.
• 10/20/2026 – Spotify Technology had its “neutral” rating reaffirmed by Rosenblatt Securities. They now have a $527.00 price target on the stock.
• 10/14/2026 – Spotify Technology was downgraded by Stonex Financial from “strong-buy” to “hold”.
• 10/12/2026 – Spotify Technology had its price target lowered by Cantor Fitzgerald from $530.00 to $490.00. They now have a “neutral” rating on the stock.
• 10/8/2026 – Spotify Technology is now covered by Piper Sandler. They set a “neutral” rating and a $540.00 price target on the stock.
• 10/5/2026 – Spotify Technology had its price target lowered by UBS Group from $690.00 to $675.00. They now have a “buy” rating on the stock.
• 10/1/2026 – Spotify Technology had its price target lowered by KeyCorp from $680.00 to $660.00. They now have an “overweight” rating on the stock.

Spotify Technology Stock Up 0.3%

Shares of SPOT opened at $608.17 on Thursday. The company has a 50-day simple moving average of $541.13 and a 200-day simple moving average of $502.02. The company has a market capitalization of $125.21 billion, a PE ratio of 40.32, a P/E/G ratio of 1.88 and a beta of 1.49. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $668.49.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings data on Thursday, October 22nd. The company reported $2.81 EPS for the quarter, missing analysts’ consensus estimates of $3.18 by ($0.37). Spotify Technology had a return on equity of 35.64% and a net margin of 15.74%. The company had revenue of $5.63 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the prior year, the firm posted $3.28 EPS. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. On average, research analysts anticipate that Spotify Technology will post 13.66 EPS for the current year.

Insider Activity

In other news, CEO Gustav Söderström sold 20,910 shares of Spotify Technology stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $530.13, for a total transaction of $11,085,018.30. Following the completion of the sale, the chief executive officer directly owned 19,908 shares in the company, valued at approximately $10,553,828.04. This trade represents a 51.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.40% of the company’s stock.

Spotify Technology operates a digital audio streaming platform offering music, podcasts and audiobooks. Listeners can use the service through a free, advertising-supported option or paid subscriptions, with features for discovering, organizing and sharing audio content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon, Spotify launched its streaming service in 2008. The company serves listeners and creators in markets around the world and provides tools and services for artists, podcasters, authors and other content partners.