Spotify Technology S.A (SPOT) concluded trading on Thursday at a closing price of $580.22, with 2.2 million shares of worth about $1.28 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 52.54% during that period and on March 27, 2025 the price saw a gain of about 0.67%. Currently the company’s common shares owned by public are about 203.84M shares, out of which, 149.68M shares are available for trading.
Stock saw a price change of -2.41% in past 5 days and over the past one month there was a price change of -3.80%. Year-to-date (YTD), SPOT shares are showing a performance of 29.69% which increased to 121.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $257.56 but also hit the highest price of $652.63 during that period. The average intraday trading volume for Spotify Technology S.A shares is 2.30 million. The stock is currently trading 1.57% above its 20-day simple moving average (SMA20), while that difference is up 1.08% for SMA50 and it goes to 35.73% higher than SMA200.
Spotify Technology S.A (NYSE: SPOT) currently have 203.84M outstanding shares and institutions hold larger chunk of about 67.00% of that.
The stock has a current market capitalization of $116.50B and its 3Y-monthly beta is at 1.75. PE ratio of stock for trailing 12 months is 96.87, while it has posted earnings per share of $5.99 in the same period. Its PEG reads 2.15 and has Quick Ratio of 1.88 while making debt-to-equity ratio of 0.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SPOT, volatility over the week remained 3.92% while standing at 5.22% over the month.
Stock’s fiscal year EPS is expected to rise by 83.94% while it is estimated to increase by 30.39% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by China Renaissance on March 26, 2025 offering a Buy rating for the stock and assigned a target price of $740 to it. Coverage by Redburn Atlantic stated Spotify Technology S.A (SPOT) stock as a Neutral in their note to investors on March 11, 2025, suggesting a price target of $545 for the stock. Stock get a Buy rating from Pivotal Research Group on November 13, 2024.
