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Spotify (SPOT): analyst forecast and price target
Price targets and ratings of
Analyst consensus
Moderate Buy13 Buy5 Hold0 Sell
Ratings of 18 analysts in the last 3 months · top analysts only12-month forecast
$593+11.8% upside
Based on 18 price targets given in the last 3 months, the average target is $593, the highest $720, the lowest $420. The average is +11.8% from the last price of $530.
Highest target $720
Average target $593
Lowest target $420
Analyst ratings 43
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| Eric Sheridan★★★★★★★★★★#1212 · hits 55% · avg +8.3% | Goldman Sachs | $655 → $645−1.5% | Buy | +21.6% | Reiterated | 15.10.26on TipRanks 08:31 | +1.5%next day +0.6% | ↗ |
| Sean Diffley★★★★★★★★★★#10161 · hits 36% · avg −3.6% | Morgan Stanley | $640 | Buy | +20.7% | Assigned | 12.10.26on TipRanks 08:20 | 0.0%next day −0.2% | ↗ |
| Deepak Mathivanan★★★★★★★★★★#398 · hits 60% · avg +16.4% | Cantor Fitzgerald | $530 → $490−7.5% | Hold | −7.6% | Reiterated | 12.10.26on TipRanks 07:40 | 0.0%next day −0.2% | ↗ |
| Jason Bazinet★★★★★★★★★★#496 · hits 56% · avg +15.1% | Citi | $620 | Buy | +16.9% | Reiterated | 08.10.26on TipRanks Oct 11 18:55 | +3.1%next day −0.1% · 5 days +1.6% | ↗ |
| Justin Patterson★★★★★★★★★★#1977 · hits 46% · avg +6.3% | KeyBanc | $660 | Buy | +24.4% | Reiterated | 08.10.26on TipRanks 05:25 | +3.1%next day −0.1% · 5 days +1.6% | ↗ |
| James Callahan CFA★★★★★★★★★★#4508 · hits 60% · avg +7.6% | Piper Sandler | $540 | Hold | +1.8% | Initiated | 08.10.26on TipRanks 05:00 | +3.1%next day −0.1% · 5 days +1.6% | ↗ |
| Jessica Reif Ehrlich★★★★★★★★★★#1369 · hits 49% · avg +9.3% | Bank of America Securities | $685 | Buy | +29.1% | Reiterated | 07.10.26on TipRanks 05:45 | +5.3%next day +3.1% · 5 days +3.1% | ↗ |
| Kannan Venkateshwar★★★★★★★★★★#1333 · hits 55% · avg +9.0% | Barclays | $565 | Buy | +6.5% | Reiterated | 07.10.26on TipRanks 04:00 | +5.3%next day +3.1% · 5 days +3.1% | ↗ |
| Sean Diffley★★★★★★★★★★#10161 · hits 36% · avg −3.6% | Morgan Stanley | $640 | Buy | +20.7% | Assigned | 05.10.26on TipRanks 08:35 | +1.5%next day +0.5% · 5 days +9.0% | ↗ |
| Batya Levi★★★★★★★★★★#10957 · hits 41% · avg −3.8% | UBS | $690 → $675−2.2% | Buy | +27.2% | Reiterated | 05.10.26on TipRanks 05:55 | +1.5%next day +0.5% · 5 days +9.0% | ↗ |
| AI PerPlexity Internet Content and InformationPerPlexity SonarPro | TipRanks - PerPlexity | $632 → $560−11.4% | Buy | +5.6% | Reiterated | 05.10.26on TipRanks 00:05 | — | |
| Justin Patterson★★★★★★★★★★#1977 · hits 46% · avg +6.3% | KeyBanc | $680 → $660−2.9% | Buy | +24.4% | Reiterated | 01.10.26on TipRanks 05:30 | +0.6%next day −4.5% · 5 days +5.8% | ↗ |
| Steven Cahall★★★★★★★★★★#1037 · hits 56% · avg +8.4% | Wells Fargo | $570 | Buy | +7.5% | Assigned | 30.09.26on TipRanks 06:30 | −1.1%next day +0.6% · 5 days +3.3% | ↗ |
| Mark Mahaney★★★★★★★★★★#639 · hits 55% · avg +12.1% | Evercore ISI | — | Buy | — | Reiterated | 28.09.26on TipRanks 17:25 | −0.6%next day −1.1% · 5 days −3.1% | ↗ |
| Sean Diffley★★★★★★★★★★#10161 · hits 36% · avg −3.6% | Morgan Stanley | $640 | Buy | +20.7% | Assigned | 28.09.26on TipRanks 08:20 | −1.7%next day −0.6% · 5 days −4.1% | ↗ |
| Jessica Reif Ehrlich★★★★★★★★★★#1369 · hits 49% · avg +9.3% | Bank of America Securities | $685 | Buy | +29.1% | Reiterated | 24.09.26on TipRanks 10:15 | +0.3%next day −0.8% · 5 days −3.5% | ↗ |
| Charlie Rothbarth★★★★★★★★★★#9225 · hits 50% · avg −11.5% | HSBC | $675 | Buy | +27.2% | Reiterated | 22.09.26on TipRanks 08:50 | −3.0%next day +2.5% · 5 days −0.3% | ↗ |
| Eric Sheridan★★★★★★★★★★#1212 · hits 55% · avg +8.3% | Goldman Sachs | $655 | Buy | +23.5% | Reiterated | 11.09.26on TipRanks 07:30 | −0.1%next day +6.3% · 5 days −3.0% | ↗ |
| Justin Patterson★★★★★★★★★★#1977 · hits 46% · avg +6.3% | KeyBanc | $680 | Buy | +28.2% | Reiterated | 10.09.26on TipRanks 02:45 | +0.4%next day −0.1% · 5 days +0.7% | ↗ |
| Kannan Venkateshwar★★★★★★★★★★#1333 · hits 55% · avg +9.0% | Barclays | $565 | Buy | +6.5% | Reiterated | 09.09.26on TipRanks 05:15 | −0.6%next day +0.4% · 5 days +5.8% | ↗ |
| AI PerPlexity Internet Content and InformationPerPlexity SonarPro | TipRanks - PerPlexity | $571 → $632+10.7% | Buy | +19.1% | Reiterated | 20.08.26on TipRanks 01:05 | — | |
| Joseph Bonner★★★★★★★★★★#543 · hits 65% · avg +13.3% | Argus Research | $600 | Buy | +13.1% | Reiterated | 12.08.26on TipRanks Aug 13 10:15 | −2.5%next day +1.1% · 5 days +9.4% | ↗ |
| Helena Wang★★★★★★★★★★#5978 · hits 44% · avg +3.7% | Phillip Securities | $650 | Buy | +22.5% | Reiterated | 11.08.26on TipRanks 12:55 | −1.8%next day −2.5% · 5 days +3.5% | ↗ |
| James Heaney CFA★★★★★★★★★★#2284 · hits 36% · avg +11.7% | Jefferies | $600 | Buy | +13.1% | Reiterated | 11.08.26on TipRanks 08:50 | −1.8%next day −2.5% · 5 days +3.5% | ↗ |
| AI Google Internet Content and InformationGemini 3-pro | TipRanks - Google | $552 → $576+4.3% | Buy | +8.6% | Reiterated | 10.08.26on TipRanks 14:05 | — | |
| AI xAi Internet Content and InformationxAI Grok-3 | TipRanks - xAI | $547 → $570+4.2% | Buy | +7.5% | Reiterated | 10.08.26on TipRanks 14:05 | — | |
| AI Anthropic Internet Content and InformationAnthropic Opus-4.5 | TipRanks - Anthropic | $535 → $539+0.7% | Buy | +1.6% | Reiterated | 10.08.26on TipRanks 14:05 | — | |
| AI DeepSeek Internet Content and InformationDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $554 → $565+2.0% | Buy | +6.5% | Reiterated | 10.08.26on TipRanks 14:05 | — | |
| AI OpenAI Internet Content and InformationOpenAI 5.2 | TipRanks - OpenAI | $552 → $556+0.7% | Buy | +4.8% | Reiterated | 10.08.26on TipRanks 14:05 | — | |
| Doug Anmuth★★★★★★★★★★#814 · hits 58% · avg +9.8% | J.P. Morgan | $650 | Buy | +22.5% | Reiterated | 05.08.26on TipRanks 08:15 | +1.0%next day −1.3% · 5 days +1.2% | ↗ |
| Deepak Mathivanan★★★★★★★★★★#398 · hits 60% · avg +16.4% | Cantor Fitzgerald | $510 → $530+3.9% | Hold | −0.1% | Assigned | 05.08.26on TipRanks 07:55 | +1.0%next day −1.3% · 5 days +1.2% | ↗ |
| Maria Ripps★★★★★★★★★★#497 · hits 48% · avg +18.0% | Canaccord Genuity | $720 | Buy | +35.7% | Reiterated | 04.08.26on TipRanks Aug 5 12:12 | −3.5%next day +1.0% · 5 days +4.9% | ↗ |
| Barton Crockett★★★★★★★★★★#1246 · hits 55% · avg +7.9% | Rosenblatt Securities | $531 → $527−0.8% | Hold | −0.7% | Reiterated | 04.08.26on TipRanks Aug 5 09:30 | −3.5%next day +1.0% · 5 days +4.9% | ↗ |
| Michael Morris★★★★★★★★★★#850 · hits 53% · avg +12.8% | Guggenheim | $565 | Buy | +6.5% | Reiterated | 04.08.26on TipRanks Aug 5 08:01 | −3.5%next day +1.0% · 5 days +4.9% | ↗ |
| Batya Levi★★★★★★★★★★#10957 · hits 41% · avg −3.8% | UBS | $690 | Buy | +30.1% | Reiterated | 04.08.26on TipRanks Aug 5 07:10 | −3.5%next day +1.0% · 5 days +4.9% | ↗ |
| Jeffrey Wlodarczak★★★★★★★★★★#3356 · hits 51% · avg +3.0% | Pivotal Research | $420 | Hold | −20.8% | Reiterated | 04.08.26on TipRanks 18:15 | +1.0%next day −1.3% · 5 days +1.2% | ↗ |
| Doug Creutz★★★★★★★★★★#798 · hits 63% · avg +13.8% | TD Cowen | $525 | Hold | −1.0% | Reiterated | 04.08.26on TipRanks 14:38 | −3.5%next day +1.0% · 5 days +4.9% | ↗ |
| Brian White★★★★★★★★★★#172 · hits 67% · avg +16.9% | Monness | — | Hold | — | Reiterated | 04.08.26on TipRanks Aug 3 08:45 | −4.1%next day −3.5% · 5 days +3.2% | ↗ |
| Ian S. Moore★★★★★★★★★★#11309 · hits 38% · avg −6.9% | Bernstein | $625 | Buy | +17.8% | Reiterated | 23.07.26on TipRanks 21:12 | +2.8%next day +2.5% · 5 days +2.5% | ↗ |
| Jason Bazinet★★★★★★★★★★#496 · hits 56% · avg +15.1% | Citi | $620 | Buy | +16.9% | Reiterated | 22.07.26on TipRanks Jul 23 21:12 | −3.7%next day +0.1% · 5 days +12.9% | ↗ |
| Mark Zgutowicz★★★★★★★★★★#1190 · hits 50% · avg +10.7% | Benchmark Co. | $695 → $650−6.5% | Buy | +22.5% | Reiterated | 22.07.26on TipRanks Jul 23 21:12 | −3.7%next day +0.1% · 5 days +12.9% | ↗ |
| Jason Helfstein★★★★★★★★★★#9643 · hits 44% · avg −0.4% | Oppenheimer | $550 | Buy | +3.7% | Reiterated | 16.07.26on TipRanks 08:15 | −1.4%next day +1.4% · 5 days +0.2% | ↗ |
| Benjamin Black CFA★★★★★★★★★★#914 · hits 55% · avg +18.6% | Deutsche Bank | $620 | Buy | +16.9% | Reiterated | 22.05.26on TipRanks 09:30 | +5.7%next day +1.2% · 5 days −4.1% | ↗ |
| Matthew Condon★★★★★★★★★★#2942 · hits 60% · avg +10.1% | Citizens JMP | $600 → $625+4.2% | Buy | +17.8% | Reiterated | 22.05.26on TipRanks 05:45 | +5.7%next day +1.2% · 5 days −4.1% | ↗ |
| Christoffer Jennel★★★★★★★★★★#8385 · hits 100% · avg +6.5% | Inderes | $595 → $570−4.2% | Buy | +7.5% | Reiterated | 29.04.26on TipRanks Apr 30 08:35 | +2.2%next day −0.3% · 5 days −7.3% | ↗ |
| Jonathan Kees★★★★★★★★★★#2039 · hits 65% · avg +16.9% | Daiwa | $535 | Buy | +0.9% | Initiated | 25.03.26on TipRanks Mar 26 05:50 | −3.0%next day +2.8% · 5 days −0.4% | ↗ |
| Clay Griffin★★★★★★★★★★#6914 · hits 62% · avg +2.1% | MoffettNathanson | $487 | Hold | −8.2% | Initiated | 27.01.26on TipRanks 06:45 | −0.6%next day −0.6% · 5 days −6.5% | ↗ |
| Unknown Analyst | Mizuho Securities | $800 → $775−3.1% | Buy | +46.1% | Reiterated | 18.12.25on TipRanks 11:05 | −1.2%next day +2.3% · 5 days +1.3% | ↗ |
| Stephan Lingnau★★★★★★★★★★#3694 · hits 58% · avg +9.1% | Erste Group | — | Hold | — | Downgrade | 05.12.25on TipRanks 13:00 | +0.5%next day +1.6% · 5 days +6.4% | ↗ |
| Markus Leistner★★★★★★★★★★#1603 · hits 60% · avg +20.6% | DZ BANK AG | $735 | Buy | +38.6% | Upgrade | 04.11.25on TipRanks 10:45 | −1.1%next day −1.9% · 5 days +0.4% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering Spotify
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $608 at a price of $487 (+24.7%); now: $604 at $530 (+13.9%).
PriceAverage targetTop analysts’ target
Recommendation trend · top analysts
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 1 | 1 | 1 | 1 |
| Buy | 35 | 34 | 30 | 21 | 24 | 21 |
| Hold | 7 | 7 | 3 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 22.10.26 (Q3 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $3.16 (from $2.82 to $3.62). Last quarter: $2.93.
Sales
Next quarter’s sales estimate — $5.6B (from $5.5B to $5.6B). Last quarter: $5.6B.
Best top-analyst consensus in the sector · Communicationservices
About Spotify
- CEO: Alex Norström
- Employees: 7,000
- Regeringsgatan 19, Stockholm, AB, 111 53, SE
- open.spotify.com
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
Data from the stock’s TipRanks forecast page, read 20 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗