Spotify Technology S.A [SPOT] stock prices are up 3.94% to $597.46 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SPOT shares have gain 22.12% over the last week, with a monthly amount drifted -7.84%, 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.
The stock price of Spotify Technology S.A [SPOT] has been fluctuating between $249.58 and $652.63 over the past year. 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 $597.46 at the most recent close of the market. An investor can expect a potential drop of -17.37% based on the average SPOT price forecast.
Analyzing the SPOT fundamentals
The Spotify Technology S.A [NYSE:SPOT] reported sales of 16.95B for trailing twelve months, representing a surge 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 576.98 points at the first support level, and at 556.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 611.02, and for the 2nd resistance point, it is at 624.59.
Ratios To Look Out For
It’s worth pointing out that Spotify Technology S.A [NYSE:SPOT]’s Current Ratio is 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 7.08, the price to book ratio is 21.29 and price to earnings (TTM) ratio is 99.75.
Transactions by insiders
Recent insider trading involved Sutphen Mona, Director, that happened on Mar 14 ’25 when 2500.0 shares were purchased. Officer, Jenkins Dustee completed a deal on Mar 14 ’25 to buy 2107.0 shares. Meanwhile, Officer Berg Katarina bought 2166.0 shares on Mar 10 ’25.
