Equities Analysts Offer Predictions for SPOT FY2026 Earnings

Spotify Technology (NYSE:SPOT) – Erste Group Bank lowered their FY2026 earnings per share estimates for shares of Spotify Technology in a research report issued on Friday, September 18th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $14.07 for the year, down from their previous estimate of $14.26. The consensus estimate for Spotify Technology’s current full-year earnings is $14.19 per share.

Several other analysts have also weighed in on SPOT. UBS Group lowered their price objective on shares of Spotify Technology from $735.00 to $690.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Benchmark cut their target price on shares of Spotify Technology from $695.00 to $650.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Rosenblatt Securities reduced their price target on shares of Spotify Technology from $531.00 to $527.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Guggenheim reaffirmed a “buy” rating and issued a $565.00 price target on shares of Spotify Technology in a research note on Wednesday, August 5th. Finally, Cantor Fitzgerald upped their price objective on shares of Spotify Technology from $510.00 to $530.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $594.50.

Spotify Technology Stock Performance

Shares of SPOT opened at $500.29 on Monday. The firm has a market cap of $103.00 billion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 1.53 and a beta of 1.59. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $740.00. The business’s 50 day moving average price is $515.43 and its two-hundred day moving average price is $495.58.

Spotify Technology (NYSE:SPOT) last announced its earnings results on Tuesday, August 4th. The company reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13). The business had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.47 billion. Spotify Technology had a net margin of 18.44% and a return on equity of 41.39%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.42) EPS.

Insiders Place Their Bets

In related news, CEO Gustav Söderström sold 20,913 shares of Spotify Technology stock in a transaction on Monday, September 14th. The shares were sold at an average price of $544.19, for a total value of $11,380,645.47. Following the completion of the sale, the chief executive officer owned 20,025 shares of the company’s stock, valued at approximately $10,897,404.75. This trade represents a 51.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Alex Norström sold 5,436 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $502.10, for a total transaction of $2,729,415.60. Following the sale, the chief executive officer owned 66,773 shares of the company’s stock, valued at $33,526,723.30. This trade represents 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 quarter, insiders sold 73,451 shares of company stock worth $37,258,896. 0.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Spotify Technology

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tsfg LLC raised its position in Spotify Technology by 39.7% in the 2nd quarter. Tsfg LLC now owns 81 shares of the company’s stock valued at $37,000 after purchasing an additional 23 shares in the last quarter. Carl P. Sherr & Co. LLC grew its position in shares of Spotify Technology by 0.7% during the first quarter. Carl P. Sherr & Co. LLC now owns 4,138 shares of the company’s stock worth $2,007,000 after buying an additional 27 shares in the last quarter. CNB Bank increased its stake in shares of Spotify Technology by 3.5% during the fourth quarter. CNB Bank now owns 831 shares of the company’s stock worth $483,000 after buying an additional 28 shares during the period. Fidelis Capital Partners LLC increased its stake in shares of Spotify Technology by 2.7% during the fourth quarter. Fidelis Capital Partners LLC now owns 1,094 shares of the company’s stock worth $635,000 after buying an additional 29 shares during the period. Finally, Verus Capital Partners LLC raised its holdings in Spotify Technology by 8.7% in the fourth quarter. Verus Capital Partners LLC now owns 364 shares of the company’s stock valued at $211,000 after acquiring an additional 29 shares in the last quarter. 84.09% of the stock is owned by institutional investors.

Spotify Technology Company Profile

Spotify Technology SA is a Luxembourg-based audio streaming company that operates the Spotify platform. The service gives users access to a broad catalog of music, podcasts and audiobooks, with features for searching, discovering, creating and sharing audio content across connected devices.

Spotify offers an ad-supported service at no subscription cost and paid Premium plans that provide additional features, including ad-free listening and offline playback. The company generates revenue primarily through subscriptions and advertising, while working with music labels, publishers, podcast creators and other rights holders to distribute content.

Founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon, Spotify launched its streaming service in 2008.