









Markets
/
Stocks
/
nasdaq-spot
/

Spotify Technology SA

SPOT

498.500USD

-3.690-0.73%

Close 01/22, 16:00（ET）Quotes delayed by 15 min

102.73BMarket Cap

85.13P/E TTM



Spotify Technology SA

498.500

-3.690-0.73%

Overview Company Financials Analysis

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

Overview

Company

Financials

Analysis

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score of Spotify Technology SA

Currency: USD Updated: 2026-01-22

Key Insights

Spotify Technology SA's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 103 out of 485 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 744.15.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Spotify Technology SA's Score

Industry at a Glance

Industry Ranking

103 / 485

Overall Ranking

191 / 4546

Industry

Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score

Previous score

Media Coverage

Last 24 hours

Coverage Level

Very Low

Very High

Neutral

Spotify Technology SA Highlights

StrengthsRisks

Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.

High Growth

The company's revenue has grown steadily over the past 3 years, averaging 39.90% year-on-year.

Turnaround to Profit

The company's performance has turned profitable, with the latest annual net income of USD .

Fairly Valued

The company’s latest PE is 85.15, at a medium 3-year percentile range.

Institutional Selling

The latest institutional holdings are 139.02M shares, decreasing 6.39% quarter-over-quarter.

Held by Mairs and Power

Star Investor Mairs and Power holds 1.60K shares of this stock.

Analyst Rating

Based on 40 analysts

Buy

Current Rating

744.155

Target Price

+45.53%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Financial Health

Currency: USD Updated: 2026-01-22

The current financial score of Spotify Technology SA is 8.21, ranking 114 out of 485 in the Software & IT Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 3.72B, representing a year-over-year decrease of 1.45%, while its net profit experienced a year-over-year decrease of 175.68%.

Score

Industry at a Glance

Previous score

8.21

Change



Financials

9.29

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

Relevant data have not been disclosed by the company yet.



Quality of Earnings

7.83

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

Relevant data have not been disclosed by the company yet.



Operational Efficiency

8.16

Key Metrics

Cash flow from operating activities

Income after tax

Relevant data have not been disclosed by the company yet.



Growth Potential

8.46

Key Metrics

Cash flow from operating activities

Total revenue

Relevant data have not been disclosed by the company yet.



Shareholder Returns

7.30

Key Metrics

Free cash flow

Relevant data have not been disclosed by the company yet.

Spotify Technology SA's Company Valuation

Currency: USD Updated: 2026-01-22

The current valuation score of Spotify Technology SA is 4.75, ranking 457 out of 485 in the Software & IT Services industry. Its current P/E ratio is 85.15, which is 166.62% below the recent high of 227.03 and 820.47% above the recent low of -613.49.

Score

Industry at a Glance

Previous score

4.75

Change

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 103/485

Relevant data have not been disclosed by the company yet.

Earnings Forecast

Currency: USD Updated: 2026-01-22

The current earnings forecast score of Spotify Technology SA is 7.95, ranking 194 out of 485 in the Software & IT Services industry. The average price target is 750.00, with a high of 965.00 and a low of 503.12.

Score

Industry at a Glance

Previous score

7.95

Change

Support & Resistance

Relevant data have not been disclosed by the company yet.

Analyst Rating

Based on 40 analysts

Buy

Current Rating

744.155

Target Price

+45.53%

Upside Space

Strong Buy

Buy

Hold

Sell

Strong Sell

Peer Comparison

112

Total

Median

Average

Company name

Ratings

Analysts

Spotify Technology SA

SPOT

Meta Platforms Inc

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2026-01-22

The current price momentum score of Spotify Technology SA is 6.77, ranking 269 out of 485 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 574.79 and the support level at 456.89, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

6.74

Change

0.03

Support & Resistance

Relevant data have not been disclosed by the company yet.

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators

Sell(5)

Neutral(0)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

-9.904

Sell

RSI(14)

27.169

Sell

STOCH(KDJ)(9,3,3)

10.348

Oversold

ATR(14)

19.800

High Vlolatility

CCI(14)

-104.249

Sell

Williams %R

93.774

Oversold

TRIX(12,20)

-0.541

Sell

StochRSI(14)

24.763

Sell

Moving Average

Sell(6)

Neutral(0)

Buy(0)

Indicators

Value

Direction

MA5

504.940

Sell

MA10

521.131

Sell

MA20

550.482

Sell

MA50

577.713

Sell

MA100

631.423

Sell

MA200

649.478

Sell

Institutional Confidence

Currency: USD Updated: 2026-01-22

The current institutional shareholding score of Spotify Technology SA is 5.00, ranking 230 out of 485 in the Software & IT Services industry. The latest institutional shareholding proportion is 67.52%, representing a quarter-over-quarter increase of 0.13%. The largest institutional shareholder is Baillie Gifford, holding a total of 8.70M shares, representing 4.22% of shares outstanding, with 20.24% decrease in holdings.

Score

Industry at a Glance

Previous score

5.00

Change

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name

Shares Held

Chg %

Lorentzon (Martin)

20.01M

-6.84%

Tencent Holdings Ltd

16.63M

Ek (Daniel G)

12.47M

-7.08%

Baillie Gifford & Co.

Star Investors

8.70M

-9.70%

BlackRock Institutional Trust Company, N.A.

6.58M

+0.54%

State Street Investment Management (US)

4.62M

+1.05%

Fidelity Management & Research Company LLC

4.61M

-14.35%

Morgan Stanley Investment Management Inc. (US)

3.92M

-2.27%

WCM Investment Management

3.35M

-0.00%

Jennison Associates LLC

3.09M

-21.00%

Risk Assessment

Currency: USD Updated: 2026-01-22

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Spotify Technology SA is 7.98, ranking 53 out of 485 in the Software & IT Services industry. The company's beta value is 1.68. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.