Spotify Technology (NYSE:SPOT) Price Target Lowered to $600.00 at Guggenheim

Spotify Technology (NYSE:SPOT) had its target price reduced by Guggenheim from $720.00 to $600.00 in a research note issued to investors on Tuesday,Benzinga reports. Guggenheim currently has a buy rating on the stock.

A number of other research analysts have also recently commented on the stock. Pivotal Research cut shares of Spotify Technology from a “buy” rating to a “hold” rating and reduced their target price for the stock from $875.00 to $420.00 in a research report on Wednesday, February 11th. Barclays upped their price objective on shares of Spotify Technology from $625.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Benchmark dropped their target price on Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Cantor Fitzgerald reduced their price target on Spotify Technology from $615.00 to $525.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Finally, Sanford C. Bernstein lowered their price objective on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating for the company in a research note on Wednesday, January 14th. Two investment 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 company. Based on data from MarketBeat, Spotify Technology presently has an average rating of “Moderate Buy” and a consensus price target of $702.55.

Spotify Technology Stock Down 0.4%

Spotify Technology stock opened at $465.85 on Tuesday. The firm has a fifty day moving average of $517.39 and a 200-day moving average of $611.25. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $785.00. The firm has a market capitalization of $95.88 billion, a P/E ratio of 48.32, a PEG ratio of 1.02 and a beta of 1.66.

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

Institutional Investors Weigh In On Spotify Technology

A number of institutional investors have recently made changes to their positions in the company. KERR FINANCIAL PLANNING Corp bought a new stake in Spotify Technology in the 3rd quarter valued at about $26,000. Knuff & Co LLC bought a new stake in shares of Spotify Technology during the second quarter valued at approximately $27,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Spotify Technology during the third quarter valued at approximately $27,000. Greykasell Wealth Strategies Inc. boosted its position in shares of Spotify Technology by 3,800.0% during the third quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock worth $27,000 after buying an additional 38 shares during the period. Finally, Total Investment Management Inc. bought a new position in Spotify Technology in the 2nd quarter worth approximately $29,000. 84.09% of the stock is currently owned by institutional investors.

Key Spotify Technology News

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

• Positive Sentiment: Q4 2025 results and guidance that emphasize profitability continue to support the investment thesis; analysts and commentary are re‑examining valuation in light of the earnings beat. A Look At Spotify Technology Valuation After Earnings Beat And Strong 2026 Profitability Guidance
• Positive Sentiment: Product/AI expansion: Spotify is rolling out AI‑powered “Prompted Playlists” to the U.K., Ireland, Australia and Sweden — a rollout that can increase Premium engagement and differentiation. Spotify rolls out AI-powered Prompted Playlists to the U.K. and other markets
• Positive Sentiment: User experience tweaks in testing — Spotify may let users “tune” taste profiles with notes, which could improve personalization and retention if broadly adopted. Spotify may let you tune your taste profile with notes
• Positive Sentiment: Broader AI enthusiasm: AI-sector momentum (e.g., Anthropic demos) is lifting software/AI-related stocks and supports investor appetite for companies using AI to drive features and efficiency. Anthropic Unveils New Claude Tools. Software Stocks Rise.
• Positive Sentiment: Analyst/brokerage sentiment remains generally favorable — SPOT carries an average “Moderate Buy” across brokerages, which underpins demand despite near‑term headwinds. Spotify Technology (NYSE:SPOT) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Market narrative/IPO chatter: broader market focus on high‑profile IPOs and AI names may divert attention but doesn’t directly change Spotify’s fundamentals. 3 of the Most Highly Anticipated IPOs of 2026 (SPOT)
• Neutral Sentiment: Analyst modeling updates (e.g., Erste Group commentary) are being circulated — watch for any material changes to FY2027 forecasts but current notes are more informational than directional. Erste Group Bank Weighs in on SPOT FY2027 Earnings
• Negative Sentiment: Guggenheim trimmed its price target from $720 to $600 (still a “buy”), which signals reduced near‑term upside expectations and may pressure sentiment. Guggenheim Lowers SPOT Price Target to $600
• Negative Sentiment: Advertising weakness: investor notes (Artisan/InsiderMonkey coverage) flag continued near‑term ad softness, a key revenue headwind that could limit growth and multiple expansion. Spotify (SPOT) was Hurt by Continued Near-Term Advertising Weakness

About Spotify Technology

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.