At the time of writing, Spotify Technology S.A [SPOT] stock is trading at $537.91, up 0.39%. An important factor to consider is whether the stock is rising or falling in short-term value. The SPOT shares have lost -1.01% over the last week, with a monthly amount drifted -13.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Rosenblatt downgraded its rating to Neutral on February 05, 2025. On January 17, 2025, downgrade downgraded it’s rating to Peer Perform. Pivotal Research Group reiterated its Buy rating and increased its price target to $565 on November 13, 2024. Pivotal Research Group reiterated its recommendation of a Buy and raised its price target to $510 on September 19, 2024. Cantor Fitzgerald started tracking with a Neutral rating for this stock on September 05, 2024, and assigned it a price target of $340. In a note dated July 24, 2024, Goldman upgraded an Buy rating on this stock and boosted its target price from $320 to $425.
For the past year, the stock price of Spotify Technology S.A fluctuated between $249.58 and $652.63. Currently, Wall Street analysts expect the stock to reach $493.69 within the next 12 months. Spotify Technology S.A [NYSE: SPOT] shares were valued at $537.91 at the most recent close of the market. An investor can expect a potential drop of -8.22% based on the average SPOT price forecast.
Analyzing the SPOT fundamentals
According to Spotify Technology S.A [NYSE:SPOT], the company’s sales were 16.95B for trailing twelve months, which represents an 14.62% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 527.13 points at the first support level, and at 516.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 547.04, and for the 2nd resistance point, it is at 556.17.
Ratios To Look Out For
It is important to note that Spotify Technology S.A [NYSE:SPOT] has a current ratio of 1.88. On the other hand, the Quick Ratio is 1.88, and the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 6.37, the price to book ratio is 19.17 and price to earnings (TTM) ratio is 89.80.
Transactions by insiders
Recent insider trading involved Berg Katarina, Officer, that happened on Mar 10 ’25 when 2166.0 shares were purchased. Director and Chief Executive O, Daniel Ek completed a deal on Mar 05 ’25 to buy 50000.0 shares. Meanwhile, Officer Mothner Eve bought 777.0 shares on Mar 03 ’25.
