Dakota Wealth Management Has $16.56 Million Position in Spotify Technology $SPOT

Dakota Wealth Management trimmed its position in Spotify Technology (NYSE:SPOT) by 26.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,726 shares of the company’s stock after selling 8,666 shares during the period. Dakota Wealth Management’s holdings in Spotify Technology were worth $16,561,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp increased its stake in Spotify Technology by 1.7% in the second quarter. State Street Corp now owns 4,574,228 shares of the company’s stock valued at $3,509,988,000 after purchasing an additional 74,256 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Spotify Technology by 22.7% in the 2nd quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock valued at $1,909,920,000 after buying an additional 460,115 shares during the period. Geode Capital Management LLC increased its position in shares of Spotify Technology by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,568,502 shares of the company’s stock valued at $1,192,730,000 after buying an additional 49,377 shares in the last quarter. Invesco Ltd. raised its stake in Spotify Technology by 17.3% during the 2nd quarter. Invesco Ltd. now owns 1,454,383 shares of the company’s stock worth $1,116,007,000 after buying an additional 214,355 shares during the period. Finally, Edgewood Management LLC lifted its holdings in Spotify Technology by 14.4% during the second quarter. Edgewood Management LLC now owns 1,249,791 shares of the company’s stock worth $959,015,000 after acquiring an additional 157,567 shares in the last quarter. Institutional investors own 84.09% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on SPOT. Sanford C. Bernstein lowered their price target on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating for the company in a report on Wednesday, January 14th. Moffett Nathanson assumed coverage on Spotify Technology in a research note on Tuesday, January 27th. They set a “neutral” rating and a $487.00 target price for the company. Pivotal Research downgraded shares of Spotify Technology from a “buy” rating to a “hold” rating and dropped their target price for the stock from $875.00 to $420.00 in a report on Wednesday, February 11th. Wall Street Zen raised shares of Spotify Technology from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Rosenblatt Securities lowered their price objective on shares of Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $706.42.

More Spotify Technology News

Here are the key news stories impacting Spotify Technology this week:

• Positive Sentiment: Q4 earnings beat and stronger profitability guidance — Spotify reported higher revenue and a large jump in net income for Q4 2025, and management emphasized 2026 profitability and operating discipline, which supports a higher valuation multiple. A Look At Spotify Technology Valuation After Earnings Beat
• Positive Sentiment: Product-led engagement push — Spotify is expanding AI-driven Prompted Playlists to the U.K., Ireland, Australia and Sweden for Premium users, a feature designed to boost listening time and conversion/retention. This supports longer-term subscription growth. Spotify rolls out AI-powered Prompted Playlists
• Positive Sentiment: Personalization improvements — Reports say Spotify may let users tweak their taste profiles with “notes,” which could improve recommendations and user satisfaction, aiding retention and monetization over time. Spotify may let you tune your taste profile with notes
• Neutral Sentiment: Analyst coverage and forecasts — Erste Group published commentary on FY2027 earnings expectations; such analyst work can move sentiment but doesn’t change the near‑term fundamentals by itself. Erste Group Bank Weighs in on SPOT FY2027 Earnings
• Neutral Sentiment: Industry/market context — Broader stories about 2026 IPOs and market rotation show investor focus shifting across tech names; these macro flows can affect SPOT’s momentum but are indirect. 3 of the Most Highly Anticipated IPOs of 2026
• Negative Sentiment: Near-term advertising weakness — Investors remain concerned after third‑party letters and commentary highlighted continued softness in ad revenue recovery, which directly pressures top‑line growth and could slow margin progress if persistent. Spotify was Hurt by Continued Near-Term Advertising Weakness

Spotify Technology Stock Down 4.6%

SPOT stock opened at $468.09 on Tuesday. The business has a 50 day moving average price of $519.66 and a two-hundred day moving average price of $612.94. The company has a market cap of $96.35 billion, a price-to-earnings ratio of 48.56, a P/E/G ratio of 1.08 and a beta of 1.66. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $2.00. Spotify Technology had a return on equity of 31.35% and a net margin of 13.16%.The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.14 billion. During the same quarter in the prior year, the business posted $1.88 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. On average, equities research analysts anticipate that Spotify Technology will post 10.3 EPS for the current fiscal year.

Spotify Technology Company Profile

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.