Spotify Technology $SPOT Position Cut by Alecta Tjanstepension Omsesidigt

Alecta Tjanstepension Omsesidigt decreased its position in shares of Spotify Technology (NYSE:SPOT) by 4.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 593,000 shares of the company’s stock after selling 28,000 shares during the quarter. Spotify Technology comprises about 1.8% of Alecta Tjanstepension Omsesidigt’s investment portfolio, making the stock its 15th largest holding. Alecta Tjanstepension Omsesidigt owned about 0.29% of Spotify Technology worth $413,724,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SPOT. KERR FINANCIAL PLANNING Corp acquired a new position in Spotify Technology during the 3rd quarter valued at about $26,000. Knuff & Co LLC acquired a new stake in shares of Spotify Technology in 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. raised its holdings 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 valued at $27,000 after buying an additional 38 shares during the last quarter. Finally, Total Investment Management Inc. acquired a new position in shares of Spotify Technology during the second quarter worth approximately $29,000. Institutional investors own 84.09% of the company’s stock.

Spotify Technology News Summary

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

• Positive Sentiment: Jefferies says SPOT is set for upside estimate revisions ahead of Q1 results and an analyst day, projecting better-than-consensus Q2 gross-margin guidance (~33.6% vs. street ~33.1%), which could support upward earnings revisions. Spotify seen poised for upside revisions ahead of earnings, Jefferies says
• Positive Sentiment: A Wall Street analyst outlined a “tactical bull case,” noting multiple near-term catalysts (earnings, pricing flow-through, new product rollouts) that could reaccelerate the stock if execution meets expectations. Spotify Stock Has Multiple Catalysts Ahead, Analyst Says
• Positive Sentiment: Product improvements for audiophiles — Spotify added an “exclusive mode” for bit‑perfect playback on Windows (and has rolled out bit‑perfect playback more broadly). Higher-quality audio features can bolster premium value and ARPU for audiophile users. Spotify adds exclusive mode for bit-perfect audio on Windows
• Positive Sentiment: Expansion into XR/ wearable platforms: leaks and reports suggest Spotify is preparing XR smart‑glasses support and it shipped a Wear OS redesign with gesture controls — both extend reach and engagement on emerging devices. Spotify is preparing to launch on XR smart glasses, leak reveals two big secret updates
• Neutral Sentiment: Regional / music-economics reporting: a new report on Nigerian music earnings highlights creator economics and royalty flows — relevant for licensing strategy but not an immediate stock mover. New report reveals how much Nigerian music is really earning globally
• Neutral Sentiment: UX/feature rumors and small OS improvements (Android feature requests, Wear OS redesign) improve product stickiness over time but are incremental. Spotify Wear OS update brings a new look and gesture controls
• Negative Sentiment: Zacks notes SPOT fell more than the broader market today — attributing the move to near‑term profit‑taking and investor caution ahead of earnings/updates; that sentiment likely amplified selling pressure despite positive catalysts. Why Spotify (SPOT) Dipped More Than Broader Market Today
• Negative Sentiment: Service reliability issue: a recent outage reported in live updates can dent short‑term engagement metrics and invites scrutiny around dependability during peak windows. Spotify was down — Live updates on music streamer issues

Spotify Technology Stock Down 1.5%

Shares of NYSE SPOT opened at $517.14 on Thursday. The stock’s fifty day simple moving average is $498.97 and its 200 day simple moving average is $591.89. The stock has a market capitalization of $106.47 billion, a price-to-earnings ratio of 53.64, a PEG ratio of 1.15 and a beta of 1.66. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $785.00.

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SPOT. Pivotal Research lowered Spotify Technology from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $875.00 to $420.00 in a report on Wednesday, February 11th. Wells Fargo & Company reduced their price target on Spotify Technology from $750.00 to $710.00 and set an “overweight” rating for the company in a research report on Tuesday, January 13th. Citizens Jmp began coverage on Spotify Technology in a research note on Wednesday, December 17th. They issued a “market outperform” rating and a $800.00 price target for the company. Sanford C. Bernstein lowered their price target on Spotify Technology from $830.00 to $650.00 and set an “outperform” rating on the stock in a report on Wednesday, January 14th. Finally, Arete Research upgraded shares of Spotify Technology from a “neutral” rating to a “buy” rating and set a $586.00 price objective on the stock in a research note on Thursday, February 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $703.87.

Spotify Technology 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.