Spotify’s stock forecast strength is backed by increased profitability in Europe and Latin America, regions seeing double-digit subscriber growth. Resistance near $300 could be tested soon if broader market conditions remain supportive for tech stocks. Rosenblatt analyst Barton Crockett called the results “mixed,” noting Spotify added 8 million premium subscribers and 18 million monthly active users, but missed revenue expectations due to foreign exchange impacts and higher social charges. Get Our Latest Stock Report on Spotify Technology Spotify Technology Stock Up 0.5% Spotify Could Surge Higher—Here’s the Hidden Earnings Signal Shares of NYSE:SPOT opened at $715.87 on Monday. Spotify Technology has a 52 week low of $362.31 and a 52 week high of $785.00. The company has a 50-day moving average price of $694.06 and a 200 day moving average price of $661.18. The company has a market cap of $146.55 billion, a P/E ratio of 173.76, a PEG ratio of 3.08 and a beta of 1.71. Spotify Technology ( NYSE:SPOT - Get Free Report ) last released its earnings results on Tuesday, July 29th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($2.42). The business had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.29 billion. Spotify Technology had a return on equity of 13.67% and a net margin of 4.76%.The business's revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.33 EPS. Spotify Technology has set its Q3 2025 guidance at EPS. Analysts expect that Spotify Technology will post 10.3 EPS for the current year. Hedge Funds Weigh In On Spotify Technology Tencent Music Stock Outshines Spotify as China’s Music Giant Several large investors have recently added to or reduced their stakes in SPOT. Sapient Capital LLC acquired a new position in shares of Spotify Technology during the 2nd quarter valued at about $322,000. Legacy Capital Group California Inc. grew its holdings in Spotify Technology by 110.9% in the second quarter. Legacy Capital Group California Inc. now owns 3,896 shares of the company's stock valued at $2,990,000 after purchasing an additional 2,049 shares during the period. Swedbank AB increased its position in Spotify Technology by 1.4% during the first quarter. Swedbank AB now owns 959,587 shares of the company's stock worth $527,802,000 after purchasing an additional 13,458 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in Spotify Technology by 36.0% during the second quarter. Harbor Investment Advisory LLC now owns 2,054 shares of the company's stock worth $1,576,000 after purchasing an additional 544 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in Spotify Technology by 39.8% during the first quarter. Integrated Wealth Concepts LLC now owns 2,702 shares of the company's stock worth $1,486,000 after purchasing an additional 769 shares during the period. 84.09% of the stock is currently owned by hedge funds and other institutional investors. About Spotify Technology ( Get Free Report ) Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. Read More Five stocks we like better than Spotify Technology How Investors Can Identify and Successfully Trade Gap-Down Stocks SoundHound Breaks Critical Resistance: How High Can It Get Now? Large Cap Stock Definition and How to Invest Klarna IPO: BNPL Stock or Something Bigger? 3 Dividend Kings To Consider Why Teradyne Is a Core Play in the AI Hardware Boom This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Spotify Technology Right Now? Before you consider Spotify Technology, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spotify Technology wasn't on the list. While Spotify Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The Best Nuclear Energy Stocks to Buy Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below. Get This Free Report Latest data in Spotify stock forecast research shows EBITDA margins improving steadily, a signal that operational efficiencies are paying off. Experienced traders consider the channel breakout toward $312 a high-probability scenario in the near term.
