Vestmark Advisory Solutions Inc. Cuts Stake in Spotify Technology $SPOT

Vestmark Advisory Solutions Inc. decreased its stake in Spotify Technology (NYSE:SPOT) by 27.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,270 shares of the company’s stock after selling 2,347 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Spotify Technology were worth $4,376,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of SPOT. Norges Bank purchased a new position in Spotify Technology in the 2nd quarter worth approximately $768,915,000. Principal Financial Group Inc. lifted its position in shares of Spotify Technology by 3,534.9% during the third quarter. Principal Financial Group Inc. now owns 571,474 shares of the company’s stock worth $398,889,000 after purchasing an additional 555,752 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Spotify Technology by 22.7% in the second quarter. Fisher Asset Management LLC now owns 2,489,013 shares of the company’s stock valued at $1,909,920,000 after purchasing an additional 460,115 shares during the period. Bessemer Group Inc. boosted its stake in shares of Spotify Technology by 215.3% in the second quarter. Bessemer Group Inc. now owns 505,329 shares of the company’s stock valued at $387,758,000 after purchasing an additional 345,048 shares during the period. Finally, Franklin Resources Inc. grew its holdings in Spotify Technology by 41.8% during the 2nd quarter. Franklin Resources Inc. now owns 1,131,099 shares of the company’s stock valued at $867,937,000 after purchasing an additional 333,537 shares in the last quarter. Institutional investors and hedge funds 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: Q4 2025 earnings beat and profitability-focused guidance — Spotify reported stronger revenue and a big jump in net income and EPS, and commentary/analysis framed the company as moving toward clearer profitability, which supports valuation upside. A Look At Spotify Technology (NYSE:SPOT) Valuation After Earnings Beat And Strong 2026 Profitability Guidance
• Positive Sentiment: Broker consensus is constructive — Coverage aggregated to an average “Moderate Buy” rating, which can attract flows from funds and reinforce positive analyst narratives. Spotify Technology (NYSE:SPOT) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: Product expansion: AI Prompted Playlists rolling out to new markets — Broader rollout of AI-driven playlists for Premium subscribers (U.K., Ireland, Australia, Sweden) supports engagement and Premium retention/upsell potential. Spotify rolls out AI-powered Prompted Playlists to the U.K. and other markets
• Neutral Sentiment: Feature test: “taste profile” notes could improve personalization but impact is speculative — A UX tweak that may help personalization and engagement over time, but unlikely to move near-term revenue materially. Spotify may let you tune your taste profile with notes
• Neutral Sentiment: Analyst/earnings modeling commentary — Erste Group’s comments on FY2027 estimates are in the tape but add detail rather than a clear directional shock to consensus. Erste Group Bank Weighs in on SPOT FY2027 Earnings
• Neutral Sentiment: Broader market coverage pieces mention Spotify amid 2026 IPO/tech narratives but are not company-specific catalysts. 3 of the Most Highly Anticipated IPOs of 2026 (SPOT)
• Negative Sentiment: Near-term ad weakness remains a risk — Investor letters (Artisan/others) flagged continued advertising softness, which pressures near-term revenue and could temper upside until ad demand stabilizes. Spotify (SPOT) was Hurt by Continued Near-Term Advertising Weakness

Spotify Technology Stock Down 4.6%

NYSE:SPOT opened at $468.09 on Tuesday. The company has a market cap of $96.35 billion, a PE ratio of 48.56, a P/E/G ratio of 1.08 and a beta of 1.66. The business’s 50 day moving average is $519.66 and its two-hundred day moving average is $612.94. Spotify Technology has a 52 week low of $405.00 and a 52 week high of $785.00.

Spotify Technology (NYSE:SPOT) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share 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 business had revenue of $5.32 billion during 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 business’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts expect that Spotify Technology will post 10.3 EPS for the current fiscal year.

Analyst Ratings Changes

SPOT has been the subject of a number of analyst reports. Benchmark decreased their price objective on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Barclays boosted their price target on Spotify Technology from $625.00 to $650.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Guggenheim lowered their price objective on Spotify Technology from $750.00 to $720.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Wells Fargo & Company cut their target price on Spotify Technology from $750.00 to $710.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. Finally, Cantor Fitzgerald decreased their price target on shares of Spotify Technology from $615.00 to $525.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Two 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $706.42.

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.