Guggenheim Has Lowered Expectations for Spotify Technology (NYSE:SPOT) Stock Price

Spotify Technology (NYSE:SPOT) had its price objective lowered by research analysts at Guggenheim from $800.00 to $750.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Guggenheim’s price target would suggest a potential upside of 32.13% from the stock’s previous close.

A number of other research firms have also weighed in on SPOT. Erste Group Bank lowered shares of Spotify Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Benchmark raised their price target on shares of Spotify Technology from $800.00 to $860.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Argus started coverage on Spotify Technology in a report on Monday, September 29th. They set a “buy” rating and a $845.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on Spotify Technology from $740.00 to $805.00 and gave the stock an “overweight” rating in a research note on Monday, September 29th. Finally, DZ Bank raised Spotify Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $758.57.

Spotify Technology Trading Down 0.7%

SPOT stock opened at $567.64 on Thursday. The business’s 50 day simple moving average is $597.52 and its 200 day simple moving average is $662.70. Spotify Technology has a 1-year low of $451.43 and a 1-year high of $785.00. The firm has a market capitalization of $116.87 billion, a PE ratio of 89.25, a PEG ratio of 1.02 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $3.83 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $1.96. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The firm had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $4.23 billion. During the same quarter last year, the firm posted $1.45 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. As a group, sell-side analysts predict that Spotify Technology will post 10.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Joel Isaacson & Co. LLC raised its stake in shares of Spotify Technology by 1.0% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 1,551 shares of the company’s stock worth $1,190,000 after purchasing an additional 15 shares during the period. Ignite Planners LLC raised its position in Spotify Technology by 2.4% in the second quarter. Ignite Planners LLC now owns 637 shares of the company’s stock worth $489,000 after acquiring an additional 15 shares during the period. Stonekeep Investments LLC raised its position in Spotify Technology by 2.1% in the second quarter. Stonekeep Investments LLC now owns 773 shares of the company’s stock worth $593,000 after acquiring an additional 16 shares during the period. Moody National Bank Trust Division boosted its stake in Spotify Technology by 0.5% in the second quarter. Moody National Bank Trust Division now owns 2,931 shares of the company’s stock valued at $2,249,000 after acquiring an additional 16 shares during the last quarter. Finally, Quadcap Wealth Management LLC grew its position in shares of Spotify Technology by 5.7% during the 3rd quarter. Quadcap Wealth Management LLC now owns 295 shares of the company’s stock valued at $206,000 after acquiring an additional 16 shares during the period. Hedge funds and other institutional investors own 84.09% of the company’s stock.

Trending Headlines about Spotify Technology

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

• Positive Sentiment: Spotify unveiled a major commitment to the podcast creator ecosystem — a projected $10 billion podcast spend and expanded creator monetization programs aimed at competing with YouTube/Netflix and boosting ad/sub revenue potential. This signals long-term revenue investment and could accelerate creator adoption. Spotify makes it easier for creators to earn, reveals $10 billion podcast spend
• Positive Sentiment: Spotify lowered the eligibility thresholds for video podcast monetization (e.g., minimum episodes and consumption/engagement requirements), making it easier for smaller creators to earn on the platform — likely to expand content supply and ad inventory. That should help near- to mid-term monetization growth. Spotify lowers monetization threshold for video podcasts
• Positive Sentiment: Product updates to Messages add “Request to Jam” and real-time listening-activity features that make it easier to join friends’ streams and share music — incremental improvements to user engagement and social stickiness that can boost time spent and retention. Spotify introduces Request to Jam and Listening Activity features: Here’s how to use them
• Neutral Sentiment: A report notes Spotify’s “shadow library” lost its .org address while archived copies remain available — a content/distribution oddity but not an immediate financial threat to Spotify’s core business. Spotify ‘shadow library’ loses .org address—ripped archive still live
• Negative Sentiment: Market reaction: coverage notes Spotify’s stock moved lower in recent trading despite broader market gains — suggesting investors may be booking profits after strong recent performance or weighing valuation (SPOT trades at a high P/E). That selling pressure can offset positive product/monetization headlines in the short term. Spotify (SPOT) Stock Drops Despite Market Gains: Important Facts to Note

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.