Spotify Technology (SPOT) – Investment Analysts’ Recent Ratings Changes

Spotify Technology (NYSE: SPOT) has recently received a number of price target changes and ratings updates:

• 8/5/2026 – Spotify Technology had its price target raised by Cantor Fitzgerald from $510.00 to $530.00. They now have a “neutral” rating on the stock.
• 8/5/2026 – Spotify Technology had its “buy” rating reaffirmed by Guggenheim. They now have a $565.00 price target on the stock.
• 8/5/2026 – Spotify Technology had its price target lowered by Rosenblatt Securities from $531.00 to $527.00. They now have a “neutral” rating on the stock.
• 7/25/2026 – Spotify Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/22/2026 – Spotify Technology had its price target lowered by Benchmark Co. from $695.00 to $650.00. They now have a “buy” rating on the stock.
• 7/12/2026 – Spotify Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/10/2026 – Spotify Technology had its price target lowered by UBS Group AG from $735.00 to $690.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Spotify Technology had its price target lowered by Rosenblatt Securities from $534.00 to $531.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Spotify Technology had its price target lowered by Wells Fargo & Company from $600.00 to $570.00. They now have an “overweight” rating on the stock.
• 6/23/2026 – Spotify Technology was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 6/13/2026 – Spotify Technology was downgraded by Wall Street Zen from “buy” to “hold”.

Insider Transactions at Spotify Technology

In other Spotify Technology news, CEO Gustav Soderstrom sold 20,833 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $478.45, for a total value of $9,967,548.85. Following the completion of the transaction, the chief executive officer owned 20,259 shares in the company, valued at $9,692,918.55. This represents a 50.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Alex Norstrom sold 5,436 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $502.10, for a total value of $2,729,415.60. Following the transaction, the chief executive officer directly owned 66,773 shares in the company, valued at approximately $33,526,723.30. The trade was a 7.53% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 116,878 shares of company stock worth $59,081,110. Insiders own 0.40% of the company’s stock.

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.