Spotify stock forecast spotify’s stock forecast benefits from

Spotify’s stock forecast benefits from favorable streaming sector trends, with advertising demand recovering sharply. Fibonacci retracement levels suggest the next bullish leg could target $308, supported by a strong quarterly earnings outlook. For the current quarter, Spotify is expected to post earnings of $1.96 per share, indicating a change of +23.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. In the last month, the stock has gained 14%, while it is down 2% in the last three months. So far in 2025, it has surged 40%. The mid-2024 Spotify stock forecast incorporates data from rising monthly active users and improved churn rates. With a P/E ratio aligning closely with peers, analysts project competitive long-term growth potential, especially in the subscription business.