/SPOT
Spotify Technology S.A.
SPOT • NYSESPOT • NYSE • Communication Services
$516.06+1.27%+6.47
$516.06+1.27%(+6.47)Communication Services
GoAI Score
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Valuation
50Fair Value
Sentiment
100Bullish
Risk
51Moderate
Momentum
28Negative
Institutional-Grade Intelligence
🏆PRO
Actionable Intelligence
AI-driven stance, execution logic & risk thresholds
Catalyst Roadmap
Event timeline with expected impact & market context
Deep Insights
Fact-checked analysis & score logic breakdown
Financial Statements
Margin Trends
Gross
32.0%▲1.8pp
Revenue after COGS
Operating
12.8%▲4.1pp
After operating expenses
Net
12.9%▲5.6pp
Bottom-line profitability
Gross Margin
Operating Margin
Net Margin
Valuation Snapshot
P/E Ratio
45.9
Price vs earnings
EV/EBITDA
41.8
Enterprise value
FCF Yield
2.7%
Cash generation
Earnings Yield
2.2%
Inverse of P/E
Capital Efficiency
21
GoAI Quality ScoreStrong
ROEReturn on Equity
26.6%Strong
ROAReturn on Assets
14.7%Strong
ROICReturn on Invested Capital
21.1%Strong
Financial Health
Current RatioHealthy
1.72
Short-term solvency (>1.5)
Net Debt / EBITDANet Cash
-1.24x
Debt repayment capacity (<3x)
Income QualityStrong
1.34
Cash backs earnings (>1)
Revenue & Profitability
Revenue
Net Income
Net Loss
Income Statement
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $17.19B | $15.67B | $13.25B | $11.73B | $9.67B |
| Gross Profit | $5.50B | $4.72B | $3.40B | $2.93B | $2.59B |
| Gross Margin | 32.0% | 30.1% | 25.6% | 25.0% | 26.8% |
| Operating Income | $2.20B | $1.36B | -$446.00M | -$659.00M | $94.00M |
| Net Income | $2.21B | $1.14B | -$532.00M | -$430.00M | -$34.00M |
| Net Margin | 12.9% | 7.3% | -4.0% | -3.7% | -0.4% |
| EPS | $10.77 | $5.67 | -$2.73 | -$2.23 | -$0.18 |
Average Price Target
$663.60▲ 28.6% Upside
Past 12 Months
12 Month Forecast
Based on 50 Wall Street analysts offering 12 month price targets for Spotify Technology S.A., the average price target is $663.60, with a high forecast of $845.00 and a low forecast of $420.00. The average price target represents a 28.6% increase from the current price of $516.06.
Highest
$845.00
Average
$663.60
Lowest
$420.00
Rating Distribution
Strong Buy
0
0%
Buy
31
61%
Hold
18
35%
Sell
2
4%
Strong Sell
0
0%
Recent Analyst Ratings
FirmActionRatingDate
Guggenheim● Maintain
Buy
2026-02-24Cantor Fitzgerald● Maintain
Neutral
2026-02-11Guggenheim● Maintain
Buy
2026-02-11Barclays● Maintain
Overweight
2026-02-11Evercore ISI Group● Maintain
Outperform
2026-02-11Keybanc● Maintain
Overweight
2026-02-09Goldman Sachs▲ Upgrade
Neutral→Buy
2026-01-23Barclays● Maintain
Overweight
2026-01-20Benchmark● Maintain
Buy
2026-01-16Bernstein● Maintain
Outperform
2026-01-14Earnings History & Surprises
BEAT RATE
39%
Last 18 quarters
AVG SURPRISE
-12.6%
EPS vs Estimate
BEATS / MISSES
7/11
Last 18 quarters
LATEST EPS
$5.16
Q1 '26
QUARTERLY EPS TREND
Estimated
Beat
Miss
QUARTERLY DETAIL
Q1 '26
+60.7%
$5.16 vs $3.21
Q4 '25
+67.2%
$3.83 vs $2.29
Q3 '25
-120.9%
$-0.48 vs $2.30
Q2 '25
-52.3%
$1.13 vs $2.37
Q1 '25
-8.7%
$1.88 vs $2.06
Q4 '24
-14.4%
$1.61 vs $1.88
Q3 '24
+25.5%
$1.33 vs $1.06
Q2 '24
+49.2%
$0.97 vs $0.65
Q1 '24
-387.5%
$-0.39 vs $-0.08
Q4 '23
+250.0%
$0.33 vs $-0.22
Q3 '23
-146.0%
$-1.55 vs $-0.63
Q2 '23
-36.5%
$-1.16 vs $-0.85
No investor questions available.
Latest News
No news available