MONECO Advisors LLC Makes New Investment in Spotify Technology $SPOT

MONECO Advisors LLC purchased a new stake in shares of Spotify Technology (NYSE:SPOT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,828 shares of the company’s stock, valued at approximately $1,276,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPOT. Helios Capital Management PTE. Ltd. raised its position in Spotify Technology by 56.3% in the third quarter. Helios Capital Management PTE. Ltd. now owns 7,500 shares of the company’s stock worth $5,235,000 after acquiring an additional 2,700 shares in the last quarter. Bessemer Group Inc. lifted its stake in Spotify Technology by 35.1% during the third quarter. Bessemer Group Inc. now owns 682,639 shares of the company’s stock valued at $476,483,000 after purchasing an additional 177,310 shares during the last quarter. Truxt Investmentos Ltda. bought a new stake in Spotify Technology during the third quarter worth approximately $2,093,000. Ownership Capital B.V. bought a new stake in Spotify Technology during the third quarter worth approximately $2,769,000. Finally, Generali Asset Management SPA SGR grew its position in Spotify Technology by 30.9% in the third quarter. Generali Asset Management SPA SGR now owns 68,023 shares of the company’s stock worth $46,692,000 after buying an additional 16,054 shares during the last quarter. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Pivotal Research cut their price objective on Spotify Technology from $900.00 to $875.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. UBS Group dropped their price target on Spotify Technology from $850.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, January 9th. Erste Group Bank lowered shares of Spotify Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Cantor Fitzgerald decreased their target price on shares of Spotify Technology from $675.00 to $615.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Finally, Phillip Securities upgraded shares of Spotify Technology from a “hold” rating to a “moderate buy” rating in a report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $727.71.

Spotify Technology Price Performance

Shares of Spotify Technology stock opened at $422.57 on Friday. The firm has a market cap of $87.00 billion, a price-to-earnings ratio of 66.44, a P/E/G ratio of 0.79 and a beta of 1.66. The stock has a 50-day simple moving average of $544.79 and a 200-day simple moving average of $628.63. 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 data on Tuesday, November 4th. The company reported $3.83 earnings per share for the quarter, beating the consensus estimate of $1.87 by $1.96. The firm had revenue of $5.01 billion for the quarter, compared to analyst estimates of $4.23 billion. Spotify Technology had a net margin of 8.46% and a return on equity of 21.68%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.45 earnings per share. As a group, equities research analysts predict that Spotify Technology will post 10.3 earnings per share for the current year.

Trending Headlines about Spotify Technology

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

• Positive Sentiment: Citi upgraded SPOT to Buy, citing accelerating price increases and faster buybacks as tangible catalysts for upside and better valuation support. Citi upgrades Spotify (SPOT) To Buy
• Positive Sentiment: Spotify announced a partnership with Bookshop.org to sell physical books through the app — a new commerce revenue channel that expands monetization beyond streaming and audiobooks. Spotify to let users buy physical books on app
• Positive Sentiment: Feature upgrades — global lyric translations, offline lyrics and “Page Match” for switching between book and audiobook reading — boost engagement and cross‑sell potential in Spotify’s content ecosystem. Product momentum supports long‑term ARPU upside if adoption scales. Spotify makes lyrics smarter
• Neutral Sentiment: Wall Street is parsing key Q4 metrics (user growth, average revenue per user, ad revenue) ahead of the earnings release — estimates guide expectations but outcomes remain binary around the print. Gear Up for Spotify Q4 Earnings
• Neutral Sentiment: Recent market weakness hit many richly valued names, dragging SPOT lower at times — a reminder that macro/momentum flows can move the stock independent of company fundamentals. Spotify Fell Along with Highly Valued Stocks
• Negative Sentiment: Zacks warns that despite expected Q4 EPS of ~$2.95 and ~14% revenue growth, Spotify’s history of earnings surprises and a comparatively rich valuation could temper upside if the quarter disappoints. Upcoming results are a key near‑term risk. Pre-Q4 Earnings: Should Spotify Stock be in Your Portfolio?

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.