Analyst Expect Big Moves From Spotify Technology S.A (NYSE: SPOT)

Currently, there are 203.84M common shares owned by the public and among those 149.69M shares have been available to trade.

The company’s stock has a 5-day price change of -2.28% and 8.69% over the past three months. SPOT shares are trading 28.96% year to date (YTD), with the 12-month market performance up to 99.62% higher. It has a 12-month low price of $280.37 and touched a high of $652.63 over the same period. SPOT has an average intraday trading volume of 2.58 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.26%, 0.43%, and 26.79% respectively.

Institutional ownership of Spotify Technology S.A (NYSE: SPOT) shares accounts for 67.04% of the company’s 203.84M shares outstanding.

It has a market capitalization of $115.84B and a beta (3y monthly) value of 1.72. The stock’s trailing 12-month PE ratio is 96.32, while the earnings-per-share (ttm) stands at $5.99. The company has a PEG of 2.23 and a Quick Ratio of 1.88 with the debt-to-equity ratio at 0.36. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.32% over the week and 6.33% over the month.

Earnings per share for the fiscal year are expected to increase by 68.44%, and 36.88% over the next financial year.

Looking at the support for the SPOT, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on April 21, 2025, with the firm’s price target at $660. FBN Securities coverage for the Spotify Technology S.A (SPOT) stock in a research note released on March 28, 2025 offered a Sector Perform rating with a price target of $645. China Renaissance was of a view on March 26, 2025 that the stock is Buy, while Redburn Atlantic gave the stock Neutral rating on March 11, 2025, issuing a price target of $230- $545. Rosenblatt on their part issued Neutral rating on February 05, 2025.

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