SPOTIFY TECHNOLOGY SA (SPOT) Forecast, Price Target & Analyst Ratings
NYSE:SPOT • LU1778762911
552.12 USD
+18.03 (+3.38%)
At close: Mar 5, 2026
552.15 USD
+0.03 (+0.01%)
After Hours: 3/5/2026, 8:21:49 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SPOTIFY TECHNOLOGY SA (SPOT).
Forecast Snapshot
Consensus Price Target
$670.30
+ 21.40% Upside
Next Earnings Forecast
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate€2.97
Revenue Estimate4.615B
ChartMill Buy Consensus
80.85%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$670.30
Upside
+ 21.40%
From current price of $552.12 to mean target of $670.30, Based on 47 analyst forecasts
Low
$424.20
Median
$663.00
High
$986.67
Price Target Revisions
1 Month
-12.67%
3 Months
-13.20%
Price Target Summary
47 analysts have analysed SPOT and the average price target is 670.3 USD. This implies a price increase of 21.4% is expected in the next year compared to the current price of 552.12.
The average price target has been revised downward by 13.2% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.85%
SPOT was analyzed by 47 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about SPOT.
In the previous month the buy percentage consensus was at a similar level.
SPOT was analyzed by 47 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-02-24 | Guggenheim | Maintains | Buy -> Buy |
| 2026-02-11 | Cantor Fitzgerald | Maintains | Neutral -> Neutral |
| 2026-02-11 | Guggenheim | Maintains | Buy -> Buy |
| 2026-02-11 | Barclays | Maintains | Overweight -> Overweight |
| 2026-02-11 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2026-02-09 | Keybanc | Maintains | Overweight -> Overweight |
| 2026-01-23 | Goldman Sachs | Upgrade | Neutral -> Buy |
| 2026-01-20 | Barclays | Maintains | Overweight -> Overweight |
| 2026-01-16 | Benchmark | Maintains | Buy -> Buy |
| 2026-01-14 | Bernstein | Maintains | Outperform -> Outperform |
| 2026-01-13 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-01-09 | UBS | Maintains | Buy -> Buy |
| 2026-01-08 | Cantor Fitzgerald | Maintains | Neutral -> Neutral |
| 2026-01-08 | Guggenheim | Maintains | Buy -> Buy |
| 2025-12-17 | Citizens | Initiate | Market Outperform |
| 2025-11-05 | Cantor Fitzgerald | Maintains | Neutral -> Neutral |
| 2025-11-05 | Guggenheim | Maintains | Buy -> Buy |
| 2025-11-05 | Benchmark | Maintains | Buy -> Buy |
| 2025-11-05 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-11-05 | Barclays | Maintains | Overweight -> Overweight |
| 2025-10-29 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-10-01 | Rosenblatt | Maintains | Neutral -> Neutral |
| 2025-09-30 | Goldman Sachs | Downgrade | Buy -> Neutral |
| 2025-09-29 | Argus Research | Initiate | Buy |
| 2025-09-29 | JP Morgan | Maintains | Overweight -> Overweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate€2.97
Revenue Estimate4.615B
Revenue Q2Q10.14%
EPS Q2Q177.52%
Number of Analysts25
Next Earnings Revisions
Revenue (1 Month)
-1.01%
Revenue (3 Months)
-2.16%
EPS (1 Month)
9.75%
EPS (3 Months)
10.13%
Next Earnings Summary
SPOT is expected to report earnings on 4/21/2026. The consensus EPS estimate for the next earnings is 2.97 USD and the consensus revenue estimate is 4.62B USD.
The next earnings revenue estimate has been revised downward by 2.16% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 13.247B 12.96% | 15.673B 18.31% | 17.186B 9.65% | 19.929B 15.96% | 22.678B 13.79% | 25.509B 12.48% | 28.348B 11.13% | 31.401B 10.77% | 33.634B 7.11% | 36.948B 9.85% | 40.505B 9.63% | |
| EBITDA YoY % growth | 47M 109.67% | 1.529B 3,153.19% | 2.3B 50.43% | 3.282B 42.70% | 4.173B 27.15% | 5.078B 21.69% | 5.015B -1.24% | 5.639B 12.44% | 6.294B 11.62% | 6.948B 10.39% | 7.581B 9.11% | |
| EBIT YoY % growth | -111M 83.11% | 1.408B 1,368.47% | 2.198B 56.11% | 3.088B 40.49% | 3.955B 28.08% | 4.849B 22.60% | 5.009B 3.30% | 5.744B 14.67% | 6.686B 16.40% | 7.466B 11.67% | 8.358B 11.95% | |
| Operating Margin | -0.84% | 8.98% | 12.79% | 15.50% | 17.44% | 19.01% | 17.67% | 18.29% | 19.88% | 20.21% | 20.63% | |
| EPS YoY % growth | -2.01 33.66% | 5.51 374.13% | 8.36 51.72% | 12.38 48.12% | 15.70 26.80% | 18.32 16.67% | 20.07 9.58% | 22.64 12.78% | 25.24 11.50% | 28.24 11.85% | 31.23 10.60% |
All data in EUR
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|
| EPS Q2Q % growth | 2.97 177.52% | 3.05 826.87% | 3.27 -0.33% | 3.54 -20.03% |
| Revenue Q2Q % growth | 4.615B 10.14% | 4.87B 16.15% | 5.09B 19.15% | 5.418B 19.58% |
| EBITDA Q2Q % growth | 730M 36.19% | 752.5M 63.94% | 878.3M 33.28% | 982.31M 22.33% |
| EBIT Q2Q % growth | 686.74M 34.92% | 700.68M 72.58% | 828.86M 42.42% | 904.72M 29.06% |
All data in EUR
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
29.89%
EPS Next 5 Year
22.05%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
13.34%
Revenue Next 5 Year
12.38%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
32.50%
EBIT Next 5 Year
20.90%
SPOTIFY TECHNOLOGY SA / SPOT Forecast FAQ
What is the price target for SPOT stock?
47 analysts have analysed SPOT and the average price target is 670.3 USD. This implies a price increase of 21.4% is expected in the next year compared to the current price of 552.12.
What is the next earnings date for SPOT stock?
SPOTIFY TECHNOLOGY SA (SPOT) will report earnings on 2026-04-21, before the market open.
Can you provide the consensus estimates for SPOTIFY TECHNOLOGY SA next earnings?
The consensus EPS estimate for the next earnings of SPOTIFY TECHNOLOGY SA (SPOT) is 2.97 USD and the consensus revenue estimate is 4.62B USD.
How do analysts rate SPOTIFY TECHNOLOGY SA (SPOT)?
The consensus rating for SPOTIFY TECHNOLOGY SA (SPOT) is 80.8511 / 100 . This indicates that analysts generally have a positive outlook on the stock.