Spotify Technology S.A. (SPOT) Stock Forecast & Predictions

Spotify Technology S.A. SPOT: $174.48

, 42 44 Avenue De La Gare, Luxembourg, Luxembourg. | Sector: Information | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.spotify.com

  • Market Cap$33.31B
  • Change (52 Weeks)-45.39%
  • Low (52 Weeks)$177.07
  • Spotify Technology S.A. (SPOT) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Spotify Technology S.A. (SPOT) is based on 37 Institutional Analyst Ratings where 37.84% are on Strong Buy, 21.62% on Moderate Buy, 29.73% remains on Hold, 2.70% are on Moderate Sell and 8.11% are on Strong Sell.

    Out of 37 Institutional Analysts, majority recommended SPOT stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Spotify Technology S.A..

    Spotify Technology S.A. (SPOT) Stock Price Prediction By Analysts


    HighLowAverage
    $444.38$173.72$319.35
    $319.3583.03% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for SPOT set by the institutional analysts is $319.35 where High Estimate is $444.38, Median $316.2 and Low $173.72.

    The average price target for SPOT by Institutional Analysts is $319.35, which is 83.03% Upside from the current price. So according to the Institutional Analysts, SPOT Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Spotify Technology S.A. (SPOT) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 553,228 investor portfolio.

    Our algorithm has analysed 553,228 investor portfolio with SPOT stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about SPOT and holding their positions hoping for a further rise in the stock price and more profit.

    Spotify Technology S.A. (SPOT) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Monness, Crespi, HardtBuyMaintained
    BenchmarkBuyInitiated
    BernsteinMarket PerformUpgraded
    Morgan StanleyOverweightMaintained
    KeybancOverweightMaintained
    BarclaysOverweightMaintained
    DZ BankSellInitiated
    Goldman SachsNeutralInitiated
    KeybancOverweightUpgraded
    Truist SecuritiesBuyMaintained
    UBSNeutralUpgraded
    Morgan StanleyOverweightMaintained
    GuggenheimBuyUpgraded
    Credit SuisseNeutralMaintained
    Redburn PartnersSellDowngraded
    CitigroupNeutralMaintained
    Pivotal ResearchBuyUpgraded
    JefferiesBuyInitiated
    CitigroupNeutralUpgraded
    Wolfe ResearchPeer PerformInitiated
    RosenblattBuyMaintained
    JP MorganOverweightMaintained
    Canaccord GenuityBuyMaintained
    Pivotal ResearchHoldMaintained
    NordeaHoldDowngraded
    RosenblattBuyMaintained
    CitigroupSellDowngraded
    Credit SuisseNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    GuggenheimNeutralUpgraded
    KeyBancSector WeightInitiated
    Credit SuisseOutperformUpgraded
    Raymond JamesMarket PerformReiterated
    RosenblattBuyMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    SunTrust Robinson HumphreyBuyMaintained
    UBSSellDowngraded
    BernsteinUnderperformDowngraded
    Wells FargoUnderweightMaintained
    CitigroupNeutralInitiated
    Morgan StanleyOverweightMaintained
    GuggenheimSellDowngraded
    RosenblattBuyMaintained
    RedburnNeutralDowngraded
    UBSBuyMaintained
    RosenblattBuyMaintained
    Morgan StanleyOverweightMaintained
    GuggenheimNeutralMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesMarket PerformDowngraded
    JP MorganOverweightMaintained
    Wells FargoUnderweightMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    Evercore ISI GroupUnderperformMaintained
    UBSBuyMaintained
    Evercore ISI GroupUnderperformDowngraded
    BernsteinUnderperformInitiated
    Wells FargoUnderperformMaintained
    UBSBuyMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    Credit SuisseNeutralUpgraded
    Evercore ISI GroupIn-LineUpgraded
    Wells FargoUnderperformInitiated
    Consumer EdgeEqual-WeightInitiated
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightReiterated
    Loop CapitalHoldUpgraded
    Pivotal ResearchHoldDowngraded
    Raymond JamesStrong BuyMaintained
    Evercore ISI GroupUnderperformDowngraded
    UBSBuyMaintained
    NomuraBuyMaintained
    Raymond JamesStrong BuyMaintained
    BuckinghamBuyMaintained
    UBSBuyMaintained
    Credit SuisseUnderperformInitiated
    Morgan StanleyOverweightMaintained
    GuggenheimNeutralDowngraded
    Deutsche BankHoldMaintained
    Wells FargoMarket PerformMaintained
    NomuraBuyMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    RedburnBuyUpgraded
    BuckinghamBuyMaintained
    B. Riley FBRNeutralMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Pivotal ResearchHoldDowngraded
    BTIG ResearchBuyInitiated
    BuckinghamBuyMaintained
    NomuraBuyInitiated
    OppenheimerPerformInitiated
    BarclaysOverweightInitiated
    Deutsche BankHoldInitiated
    BuckinghamBuyUpgraded
    Pivotal ResearchBuyInitiated
    Raymond JamesStrong BuyInitiated
    Wells FargoMarket PerformInitiated
    Loop CapitalSellInitiated
    SunTrust Robinson HumphreyBuyInitiated
    BuckinghamNeutralInitiated
    Morgan StanleyOverweightInitiated
    JP MorganOverweightInitiated
    Goldman SachsBuyInitiated
    B. Riley FBRNeutralInitiated
    Stifel NicolausBuyInitiated
    Canaccord GenuityBuyInitiated
    Gabelli & Co.HoldInitiated
    GuggenheimBuyInitiated

    Spotify Technology S.A. (SPOT) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.175
    The average consensus EPS for SPOT is $0.175 with a high estimate of $0.546 and Low of $-0.164 for the period 2022-03-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.41$-0.18212021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$-0.42592021-12-31
    $-0.41$-0.18212021-09-30
    $-0.19$-0.37952021-06-30
    $-0.25$-0.40022021-03-31
    $-0.66$-0.56442020-12-31
    $-0.58$-0.57142020-09-30
    $-1.91$-0.46082020-06-30
    $-0.2$-0.50132020-03-31
    $-1.14$-0.22892019-12-31
    $0.36$-0.28682019-09-30
    $-0.42$-0.32252019-06-30
    $-0.79$-0.35782019-03-31
    $2.32$-0.18812018-12-31
    $0.23$-0.36952018-09-30
    $-2.2$-0.69272018-06-30
    $-1.01$-0.37572018-03-31
    $-3.87$2017-12-31
    $-0.57$2016-12-31
    $-1.84$2017-09-30
    $-0.87$2016-09-30
    $-1.24$2017-06-30
    $-1.25$2016-06-30
    $-1.15$2017-03-31
    $-0.95$2016-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).