Spotify Technology S.A (SPOT) Stock Forecast
SPOT analyst forecast
as of October 17, 2026- Analyst consensus
- Buy 4.33 / 5 from 40 analysts
- Price target
- $598.52 average of analyst targets
- Upside to target
- +12.8% from the latest close
- Next earnings
- October 22, 2026 EPS estimate $3.12
- 52-week range
- $412.75 – $689.21
SPOT analyst ratings
40 analystsNumber of analysts at each rating.
SPOT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
SPOT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.85 | $2.51 | $3.33 | $3.28 | −13.2% | 19 |
| Current fiscal year (2026) | $12.22 | $11.43 | $13.77 | $10.51 | +16.3% | 26 |
| Next fiscal year (2027) | $15.31 | $13.81 | $17.77 | $12.22 | +25.2% | 25 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
SPOT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.98B | $4.91B | $5.01B | +16.5% | 28 |
| Current fiscal year (2026) | $19.52B | $19.40B | $19.72B | +13.6% | 36 |
| Next fiscal year (2027) | $22.34B | $21.69B | $23.02B | +14.4% | 36 |
SPOT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
SPOT revenue: reported and forecast
SPOT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.96 | $2.86 | $2.86 | $2.84 | $2.85 | −3.7% | 0 up · 5 down |
| Current fiscal year (2026) | $12.73 | $12.29 | $12.28 | $12.25 | $12.22 | −4.0% | 0 up · 9 down |
| Next fiscal year (2027) | $15.82 | $15.47 | $15.43 | $15.39 | $15.31 | −3.2% | 1 up · 8 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
SPOT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; SPOT beat in 6 of 12.
What analysts expect from SPOT
40 analysts cover Spotify Technology S.A; their consensus rating is buy (4.33 on a 1–5 scale, where 5 is a strong buy). The average price target is $598.52, 12.8% above the latest close of $530.46. Analysts expect earnings of $12.22 per share for 2026, +16.3% from a year earlier. For 2027 the average estimate is $15.31 per share on revenue of $22.3 billion. Spotify Technology S.A beat the EPS estimate in 6 of the last 12 quarters.
Related: SPOT income statement, SPOT key metrics, SPOT chart. See the SPOT stock overview for the latest quote and news.
SPOT forecast FAQ
What is Spotify Technology S.A's price target?
The average analyst price target for Spotify Technology S.A is $598.52, 12.8% above the latest close of $530.46.
Is Spotify Technology S.A a buy, hold or sell?
Of 40 analysts covering Spotify Technology S.A, 22 rate it a strong buy, 9 a buy, 9 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Spotify Technology S.A's EPS forecast?
Analysts forecast $12.22 per share for 2026 (range $11.43 to $13.77); for 2027 the estimate is $15.31.
What is Spotify Technology S.A's revenue forecast?
The average revenue estimate for 2026 is $19.5 billion, growth of 13.6%; for 2027 it is $22.3 billion.
When does Spotify Technology S.A report earnings?
Spotify Technology S.A is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 before the market opens; the EPS estimate is $3.12.
Does Spotify Technology S.A usually beat earnings estimates?
Spotify Technology S.A reported EPS at or above the analyst estimate in 6 of the last 12 quarters.