American Century Companies Inc. Purchases 108,778 Shares of Spotify Technology $SPOT

American Century Companies Inc. increased its position in shares of Spotify Technology (NYSE:SPOT) by 25.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 529,665 shares of the company’s stock after purchasing an additional 108,778 shares during the period. American Century Companies Inc. owned 0.26% of Spotify Technology worth $369,711,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPOT. State Street Corp lifted its position in shares of 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 acquiring an additional 74,256 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Spotify Technology by 22.7% during the second quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock worth $1,909,920,000 after purchasing an additional 460,115 shares in the last quarter. Geode Capital Management LLC raised its stake in Spotify Technology by 3.3% during 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 purchasing an additional 49,377 shares during the period. 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 valued at $1,116,007,000 after purchasing an additional 214,355 shares during the period. Finally, Edgewood Management LLC lifted its holdings in Spotify Technology by 14.4% in the 2nd quarter. Edgewood Management LLC now owns 1,249,791 shares of the company’s stock worth $959,015,000 after purchasing an additional 157,567 shares in the last quarter. Institutional investors own 84.09% of the company’s stock.

Spotify Technology Trading Up 3.7%

NYSE:SPOT opened at $514.02 on Friday. The company has a market cap of $105.80 billion, a price-to-earnings ratio of 53.32, a price-to-earnings-growth 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. The stock has a fifty day simple moving average of $512.60 and a 200-day simple moving average of $608.20.

Spotify Technology (NYSE:SPOT) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 EPS for the quarter, topping the consensus estimate of $3.16 by $2.00. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter last year, the firm posted $1.88 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts predict that Spotify Technology will post 10.3 EPS for the current fiscal year.

Analysts Set New Price Targets

SPOT has been the subject of a number of research analyst reports. Moffett Nathanson assumed coverage on shares of Spotify Technology in a report on Tuesday, January 27th. They set a “neutral” rating and a $487.00 price objective for the company. UBS Group dropped their target price on shares of Spotify Technology from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Friday, January 9th. Weiss Ratings downgraded shares of Spotify Technology from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. Sanford C. Bernstein dropped their price objective on shares of Spotify Technology from $830.00 to $650.00 and set an “outperform” rating for the company in a report on Wednesday, January 14th. Finally, Arete Research upgraded Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 price objective for the company in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Spotify Technology has a consensus rating of “Moderate Buy” and a consensus target price of $698.91.

Key Headlines Impacting Spotify Technology

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

• Positive Sentiment: Spotify is rolling out AI-powered Prompted Playlists (beta) and other personalization tools for Premium users — moves that can lift engagement, retention and ARPU if adoption scales. Spotify AI Tools And Curation Push Test Premium Engagement And Value
• Positive Sentiment: A research upgrade to Buy with a $586 price target (Arete Research) increases near-term upside expectations and likely contributed to buying interest. Finviz
• Positive Sentiment: Coverage noting improving profitability and “margin durability” helped spur further gains — analyst commentary on margin upside reinforces the narrative from Spotify’s recent strong quarterly beat. Spotify jumps as bullish analyst upgrade highlights margin upside
• Positive Sentiment: Product-level UX improvements like Smart Reorder (playlist sequencing) are live for users — small product upgrades that can incrementally increase time spent and perceived value of Premium. Give your Spotify playlist a mixologist with Smart Reorder
• Positive Sentiment: Recent quarterly results (strong EPS beat and margin improvement) remain a positive backdrop supporting upgrades and investor confidence in operating leverage.
• Neutral Sentiment: Spotify is expanding further into books/audiobooks — a diversification that could increase content revenue over time but is early-stage for material financial impact. Spotify continues its march into the book world
• Neutral Sentiment: Sector pieces reiterate streaming tailwinds from ads, subscriptions and AI personalization — supportive macro context but not SPOT-specific catalysts. Must-Track Streaming Stocks in the Evolving Media Landscape
• Negative Sentiment: Some odd publicity (a $495 “musical urn” product story) creates noise around brand messaging; not material to fundamentals but could distract from core narrative. Spend your afterlife inside Spotify’s latest device, a $495 musical urn
• Negative Sentiment: Guggenheim published a pessimistic near-term forecast for SPOT, which could limit upside for more conservative investors and weigh on sentiment if echoed by others. Guggenheim Issues Pessimistic Forecast for Spotify Technology (NYSE:SPOT) Stock Price

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.