On Friday 05/16/2025 the closing price of the Spotify share was $656.12 on BTT.
Compared to the opening price on Friday 05/16/2025 on BTT of $648.50, this is a gain of 1.16%.
Spotify's market capitalization is $107.76 B by 200.92 M shares outstanding.
Is Spotify stock a Buy, Sell or Hold?
Spotify stock has received a consensus rating of buy. The average rating score is and is based on 84 buy ratings, 16 hold ratings, and 0 sell ratings.What was the 52-week low for Spotify stock?
The low in the last 52 weeks of Spotify stock was 288.14. According to the current price, Spotify is 227.71% away from the 52-week low.What was the 52-week high for Spotify stock?
The high in the last 52 weeks of Spotify stock was 663.69. According to the current price, Spotify is 98.86% away from the 52-week high.What are analysts forecasts for Spotify stock?
The 100 analysts offering price forecasts for Spotify have a median target of 404.93, with a high estimate of 740.00 and a low estimate of 120.00. The median estimate represents a 162.03 difference from the last price of 656.12.Spotify Stock Snapshot
645.87
Bid
1.00
Bid Size
659.00
Ask
1.00
Ask Size
5/16/2025
Date
3:59 PM
Time
91,852.00
Volume
640.47
Prev. Close
648.50
Open
128.62 B
Market Cap in USD
200.92 M
Number of Shares
200.92 M
Total Number of Shares
646.00
Day Low
658.57
Day High
656.12
288.14
52 Week Low
663.69
52 Week High
656.12
0.00
Dividend in USD
0.00
Dividend Yield
72.91
P/E Ratio
74.82
Free Float in %
6.13
EPS in USD
28.07
Book Value per Share in USD
12.12
Cash Flow per Share in USD
Spotify News More News
Historical Prices for Spotify
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:
0%
0
Spotify Analyst Data
Total Analysts: 100
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 120.00
Median: 404.93
Highest: 740.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Spotify Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 05/12/25 | Guggenheim | Maintained Buy | $725 | |||
| 05/02/25 | Loop Capital | Maintained Hold | $550 | |||
| 05/01/25 | Baird Patrick & Co | Maintained Buy | $730 | |||
| 04/30/25 | Barclays Capital | Maintained Buy | $650 | |||
| 04/30/25 | Macquarie Research | Maintained Buy | $665 | |||
| 04/30/25 | J.P. Morgan | Maintained Buy | $670 | |||
| 04/30/25 | Evercore | Maintained Buy | $650 | |||
| 04/30/25 | Rosenblatt | Maintained Hold | $657 | |||
| 04/25/25 | Macquarie Research | Maintained Buy | $665 | |||
| 04/21/25 | Wolfe Research | Upgraded to Buy | $660 | |||
| 04/16/25 | Cantor Fitzgerald | Maintained Hold | $520 | |||
| 04/15/25 | UBS | Maintained Buy | $680 | |||
| 04/08/25 | J.P. Morgan | Maintained Buy | $640 | |||
| 04/02/25 | UBS | Maintained Buy | $690 | |||
| 03/28/25 | Wells Fargo & Co | Maintained Buy | $740 | |||
| 03/26/25 | China Renaissance | Maintained Buy | $740 | |||
| 02/24/25 | Guggenheim | Maintained Buy | $675 | |||
| 02/14/25 | Citigroup Corp. | Maintained Hold | $720 | |||
| 02/06/25 | Goldman Sachs | Maintained Buy | $695 | |||
| 02/05/25 | The Benchmark Company | Maintained Buy | $720 | |||
| 02/05/25 | J.P. Morgan | Maintained Buy | $730 | |||
| 02/05/25 | Wells Fargo & Co | Maintained Buy | $690 | |||
| 02/05/25 | Barclays Capital | Maintained Buy | $710 | |||
| 02/05/25 | Morgan Stanley | Maintained Buy | $670 | |||
| 02/05/25 | Rosenblatt | Downgraded to Hold | $658 | |||
| 02/05/25 | Guggenheim | Maintained Buy | $675 | |||
| 02/05/25 | Capital Depesche | Maintained Buy | $700 | |||
| 01/30/25 | Macquarie Research | Maintained Buy | $600 | |||
| 01/28/25 | Cantor Fitzgerald | Maintained Hold | $480 | |||
| 07/24/24 | Guggenheim | Maintained Buy | $420 | |||
| 07/24/24 | Barclays Capital | Maintained Buy | $360 | |||
| 07/24/24 | Morgan Stanley | Maintained Buy | $400 | |||
| 07/24/24 | J.P. Morgan | Maintained Buy | $425 | |||
| 07/24/24 | Rosenblatt | Maintained Buy | $399 | |||
| 07/24/24 | Goldman Sachs | Upgraded to Buy | $425 | |||
| 07/23/24 | Macquarie Research | Maintained Buy | $395 | |||
| 07/22/24 | The Benchmark Company | Maintained Buy | $405 | |||
| 07/12/24 | Wolfe Research | Maintained Buy | $390 | |||
| 07/11/24 | UBS | Maintained Buy | $400 | |||
| 07/11/24 | Jefferies & Company Inc. | Maintained Buy | $385 | |||
| 07/02/24 | Bank of America Merrill Lynch | Maintained Buy | $380 | |||
| 06/04/24 | J.P. Morgan | Maintained Buy | $375 | |||
| 06/04/24 | Rosenblatt | Maintained Buy | $396 | |||
| 05/07/24 | Citigroup Corp. | Maintained Hold | $310 | |||
| 04/24/24 | HSBC | Maintained Buy | $355 | |||
| 04/24/24 | Guggenheim | Maintained Buy | $350 | |||
| 04/24/24 | Bank of America Merrill Lynch | Maintained Buy | $370 | |||
| 04/24/24 | Barclays Capital | Maintained Buy | $350 | |||
| 04/24/24 | J.P. Morgan | Maintained Buy | $365 | |||
| 04/24/24 | Piper Sandler | Maintained Hold | $320 |
Spotify Estimates* in EUR
| 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|
| Revenue | 17,853 | 20,600 | 23,431 | 26,364 | 27,768 |
| Dividend | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Dividend Yield (in %) | 0.00 % | 0.00 % | 0.00 % | 0.00 % | - |
| EPS | 8.53 | 12.30 | 15.55 | 16.54 | 17.47 |
| P/E Ratio | 67.10 | 46.55 | 36.80 | 34.61 | 32.76 |
| EBIT | 2,312 | 3,125 | 3,983 | 4,493 | 4,937 |
| EBITDA | 2,502 | 3,322 | 4,214 | 4,485 | 5,099 |
| Net Profit | 1,828 | 2,623 | 3,320 | 3,699 | 4,125 |
| Net Profit Adjusted | 1,969 | 2,731 | 3,436 | 3,946 | 4,202 |
| Pre-Tax Profit | 2,248 | 3,204 | 4,127 | 4,569 | 5,180 |
| Pre-Tax Profit Reported | 2,213 | 3,137 | 3,834 | - | - |
| EPS (Non-GAAP) ex. SOE | - | - | - | - | - |
| EPS (GAAP) | 8.53 | 12.30 | 15.55 | 16.54 | 17.47 |
| Gross Income | 5,706 | 6,814 | 8,096 | 9,069 | 9,562 |
| Cash Flow from Investing | -497 | -420 | -780 | - | - |
| Cash Flow from Operations | 2,765 | 3,542 | 4,374 | - | - |
| Cash Flow from Financing | -243 | -630 | -1,364 | - | - |
| Cash Flow per Share | 12.36 | 16.22 | - | - | - |
| Free Cash Flow | 2,809 | 3,585 | 4,528 | 5,340 | - |
| Free Cash Flow per Share | 14.07 | 17.14 | 22.42 | 28.43 | - |
| Book Value per Share | 37.97 | 50.40 | 64.67 | 79.18 | - |
| Net Debt | -7,575 | -9,859 | -13,989 | -20,590 | - |
| Research & Development Exp. | 1,491 | 1,630 | 1,772 | 2,004 | 1,930 |
| Capital Expenditure | 29 | 36 | 43 | 53 | - |
| Selling, General & Admin. Exp. | 2,368 | 2,535 | 3,925 | - | - |
| Shareholder’s Equity | 7,789 | 10,571 | 12,872 | - | - |
| Total Assets | 14,604 | 17,208 | 18,949 | - | - |
|
Previous Quarter ending 03/31/25 |
Current Quarter ending 06/30/25 |
Next Quarter ending 09/30/25 |
Current Year ending 12/31/25 |
Next Year ending 12/31/26 |
|
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | - | 23 | 23 | 34 | 32 |
| Average Estimate | - | 2.181 EUR | 2.384 EUR | 8.556 EUR | 12.294 EUR |
| Year Ago | - | 1.475 EUR | 1.635 EUR | 6.136 EUR | - |
| Publish Date | - | 7/23/2025 | 10/28/2025 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | - | 25 | 25 | 36 | 34 |
| Average Estimate | - | 4,301 EUR | 4,509 EUR | 17,860 EUR | 20,606 EUR |
| Year Ago | - | 4,098 EUR | 4,381 EUR | 16,953 EUR | - |
| Publish Date | - | 7/23/2025 | 10/28/2025 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements in Mio. USD
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Sales | 16,953.34 | 14,321.54 | 12,324.78 | 11,427.39 | 8,983.00 | 7,570.60 | 6,204.30 |
| Change of sales in % | 18.38 | 16.20 | 7.85 | 27.21 | 18.66 | 22.02 | 34.49 |
| Gross profit on sales | 5,095.85 | 3,642.28 | 3,033.11 | 3,032.96 | 2,276.53 | 1,911.68 | 1,583.22 |
| Gross profit on sales change in % | 39.91 | 20.08 | 0.00 | 33.23 | 19.09 | 20.75 | 66.90 |
| Operating income | 1,523.02 | -349.20 | -683.13 | 119.38 | -313.49 | -60.44 | -50.73 |
| Operating income change in % | - | 48.88 | - | - | -418.69 | -19.14 | 88.10 |
| Income before tax | 1,450.55 | -545.96 | -388.86 | 294.31 | -808.24 | -146.62 | -202.92 |
| Income before tax change in % | - | -40.40 | - | - | -451.24 | 27.74 | 85.42 |
| Income after tax | 1,230.96 | -575.15 | -451.92 | -40.19 | -662.33 | -208.18 | -92.02 |
| Income after tax change in % | - | -27.27 | -1,024.53 | 93.93 | -218.15 | -126.23 | 93.39 |
Balance Sheet in Mio. USD
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Total liabilities | 6,710.04 | 6,432.38 | 5,587.05 | 5,744.00 | 4,308.12 | 3,462.91 | 2,562.94 |
| Long-term liabilities per share | 10.31 | 9.71 | 9.49 | 10.80 | 3.99 | 3.93 | 0.60 |
| Equity | 5,721.14 | 2,787.03 | 2,562.47 | 2,409.73 | 3,432.06 | 2,286.53 | 2,393.76 |
| Equity change in % | 105.28 | 8.76 | 6.34 | -29.79 | 50.10 | -4.48 | 737.59 |
| Balance sheet total | 12,431.18 | 9,219.41 | 8,149.52 | 8,153.72 | 7,740.18 | 5,749.45 | 4,956.70 |
| Balance sheet total change in % | 34.84 | 13.13 | -0.05 | 5.34 | 34.62 | 15.99 | 32.86 |
Key Data in USD
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Sales per share | 81.90 | 73.54 | 62.93 | 58.92 | 47.89 | 41.84 | 35.02 |
| P/E ratio (year end quote, basic EPS) | 72.91 | - | - | - | - | - | - |
| P/E ratio (year end quote, diluted EPS) | 75.23 | - | - | - | - | - | - |
| Dividend yield in % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity ratio in % | 46.02 | 30.23 | 31.44 | 29.55 | 44.34 | 39.77 | 48.29 |
| Debt ratio in % | 53.98 | 69.77 | 68.56 | 70.45 | 55.66 | 60.23 | 51.71 |
Spotify Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2024 | Spotify | 0.00 | 0.00 | USD |
| 2023 | Spotify | 0.00 | 0.00 | USD |
| 2022 | Spotify | 0.00 | 0.00 | USD |
| 2021 | Spotify | 0.00 | 0.00 | USD |
| 2020 | Spotify | 0.00 | 0.00 | USD |
| 2019 | Spotify | 0.00 | 0.00 | USD |
| 2018 | Spotify | 0.00 | 0.00 | USD |
| 2017 | Spotify | - | - | USD |
| 2016 | Spotify | - | - | USD |
| 2015 | Spotify | - | - | USD |
*Yield of the Respective Date
Spotify Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Earnings Report | 2.181 EUR | Q2 2025 Earnings Release | 07/23/2025 |
| Earnings Report | 2.385 EUR | Q3 2025 Earnings Release | 10/28/2025 |
| Earnings Report | 2.713 EUR | Q4 2025 Earnings Release | 02/10/2026 |
| Earnings Report | 2.748 EUR | Q1 2026 Earnings Release | 04/29/2026 |
Spotify Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Earnings Report | 1.158 USD | Q1 2025 Earnings Release | 04/29/2025 |
| Annual General Meeting | 6.133 USD | Annual General Meeting | 04/09/2025 |
| Earnings Report | 1.931 USD | Q4 2024 Earnings Release | 02/04/2025 |
| Earnings Report | 1.637 USD | Q3 2024 Earnings Release | 11/12/2024 |
| Earnings Report | 1.475 USD | Q2 2024 Earnings Release | 07/23/2024 |
| Earnings Report | 1.075 USD | Q1 2024 Earnings Release | 04/23/2024 |
| Annual General Meeting | -2.951 USD | Annual General Meeting | 04/17/2024 |
| Earnings Report | -0.376 USD | Q4 2023 Earnings Release | 02/06/2024 |
| Earnings Report | 0.359 USD | Q3 2023 Earnings Release | 10/24/2023 |
| Earnings Report | -1.687 USD | Q2 2023 Earnings Release | 07/25/2023 |
| Earnings Report | -1.245 USD | Q1 2023 Earnings Release | 04/25/2023 |
| Annual General Meeting | -2.344 USD | Annual General Meeting | 03/29/2023 |
| Earnings Report | -1.428 USD | Q4 2022 Earnings Release | 01/31/2023 |
| Earnings Report | -0.866 USD | Q3 2022 Earnings Release | 10/25/2022 |
| Earnings Report | -0.692 USD | Q2 2022 Earnings Release | 07/27/2022 |
| Earnings Report | 0.763 USD | Q1 2022 Earnings Release | 04/27/2022 |
| Annual General Meeting | -0.213 USD | Annual General Meeting | 04/20/2022 |
| Earnings Report | -0.229 USD | Q4 2021 Earnings Release | 02/02/2022 |
Spotify Profile
Spotify Technology SA engages in the provision of digital music services. It operates through the Premium and Ad-Supported segments. The Premium segment provides subscribers with online and offline streaming access of music and podcasts on computers, tablets, and mobile devices. The Ad-Supported segment offers users with limited on-demand online access of music and unlimited online access of podcasts on computers, tablets, and mobile and smart devices. The company was founded by Daniel Ek and Martin Lorentzon on December 27, 2006 and is headquartered in Luxembourg.