Spotify Technology (SPOT) – Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Spotify Technology (NYSE: SPOT):

• 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”.
• 5/30/2026 – Spotify Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/26/2026 – Spotify Technology had its price target raised by Cantor Fitzgerald from $430.00 to $520.00. They now have a “neutral” rating on the stock.

Insider Activity

In related news, Director Sven Hans Martin Lorentzon sold 35,380 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $525.73, for a total value of $18,600,327.40. Following the transaction, the director directly owned 6,383 shares of the company’s stock, valued at approximately $3,355,734.59. This trade represents a 84.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gustav Soderstrom sold 20,833 shares of Spotify Technology 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 transaction, the chief executive officer owned 20,259 shares in the company, valued at $9,692,918.55. This trade represents a 50.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 111,442 shares of company stock worth $54,757,553. Company 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.