Coldstream Capital Management Inc. Has $2.95 Million Stock Holdings in Spotify Technology $SPOT

Coldstream Capital Management Inc. grew its position in shares of Spotify Technology (NYSE:SPOT) by 48.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,223 shares of the company’s stock after buying an additional 1,373 shares during the period. Coldstream Capital Management Inc.’s holdings in Spotify Technology were worth $2,948,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Knuff & Co LLC acquired a new stake in shares of Spotify Technology during the 2nd quarter worth approximately $27,000. Heartwood Wealth Advisors LLC bought a new stake in Spotify Technology during the third quarter worth $27,000. Greykasell Wealth Strategies Inc. boosted its holdings in shares of Spotify Technology by 3,800.0% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock valued at $27,000 after purchasing an additional 38 shares in the last quarter. Total Investment Management Inc. acquired a new stake in shares of Spotify Technology in the 2nd quarter valued at $29,000. Finally, Westfuller Advisors LLC bought a new position in shares of Spotify Technology in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 84.09% of the company’s stock.

Spotify Technology Trading Down 1.5%

Shares of Spotify Technology stock opened at $517.14 on Thursday. The business has a 50-day moving average price of $498.97 and a two-hundred day moving average price of $591.89. Spotify Technology has a 1-year low of $405.00 and a 1-year high of $785.00. The company has a market cap of $106.47 billion, a P/E ratio of 53.64, a PEG ratio of 1.15 and a beta of 1.66.

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, beating 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 the consensus estimate of $5.14 billion. During the same period in the previous year, the business earned $1.88 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Equities research analysts forecast that Spotify Technology will post 10.3 EPS for the current fiscal year.

Spotify Technology News Roundup

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Citizens Jmp began coverage on Spotify Technology in a report on Wednesday, December 17th. They set a “market outperform” rating and a $800.00 price target for the company. The Goldman Sachs Group upgraded Spotify Technology from a “neutral” rating to a “buy” rating and decreased their target price for the company from $735.00 to $700.00 in a research report on Friday, January 23rd. Pivotal Research downgraded Spotify Technology from a “buy” rating to a “hold” rating and lowered their target price for the stock from $875.00 to $420.00 in a research note on Wednesday, February 11th. Erste Group Bank cut shares of Spotify Technology from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Finally, Benchmark reduced their price target on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $703.87.

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.