Spotify Technology S.A [SPOT] stock is trading at $622.99, down -0.46%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SPOT shares have gain 13.57% over the last week, with a monthly amount glided 34.29%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Spotify Technology S.A [NYSE: SPOT] stock has seen the most recent analyst activity on February 05, 2025, when Rosenblatt downgraded its rating to a Neutral. Previously, Wolfe Research downgraded its rating to Peer Perform on January 17, 2025. On November 13, 2024, Pivotal Research Group reiterated its Buy rating and revised its price target to $565 on the stock. Pivotal Research Group reiterated its Buy rating and increased its price target to $510 on September 19, 2024. Cantor Fitzgerald initiated its recommendation with a Neutral and recommended $340 as its price target on September 05, 2024. Goldman upgraded its rating to Buy for this stock on July 24, 2024, and upped its price target to $425. In a note dated July 24, 2024, DZ Bank upgraded an Buy rating on this stock but restated the target price of $375.
Spotify Technology S.A [SPOT] stock has fluctuated between $227.52 and $630.77 over the past year. Currently, Wall Street analysts expect the stock to reach $477.92 within the next 12 months. Spotify Technology S.A [NYSE: SPOT] shares were valued at $622.99 at the most recent close of the market. An investor can expect a potential drop of -23.29% based on the average SPOT price forecast.
Analyzing the SPOT fundamentals
Spotify Technology S.A [NYSE:SPOT] reported sales of 16.95B for the trailing twelve months, which represents a growth of 14.62%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.26 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 618.30 points at the first support level, and at 613.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 630.06, and for the 2nd resistance point, it is at 637.14.
Ratios To Look Out For
For context, Spotify Technology S.A’s Current Ratio is 1.88. Further, the Quick Ratio stands at 1.88, while the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 7.38, the price to book ratio is 22.20 and price to earnings (TTM) ratio is 104.01.
Transactions by insiders
Recent insider trading involved Soderstrom Gustav, Officer, that happened on Feb 07 ’25 when 52031.0 shares were purchased. Officer, Norstrom Alex completed a deal on Feb 07 ’25 to buy 12000.0 shares. Meanwhile, Director Sutphen Mona bought 3031.0 shares on Feb 05 ’25.
