Spotify Technology SA (SPOT)

Spotify Technology S.A. is a Stockholm-based company that operates a global audio streaming subscription platform. Through its subsidiaries, it provides access to music and podcasts across mobile devices, computers, tablets, and other connected devices. The company reports its business in two segments: Premium and Ad-Supported. Premium subscribers receive online and offline streaming access, with select markets also including video, lossless music, and audiobooks through subscription plans sold directly to users and through partners. The Ad-Supported segment offers limited on-demand music streaming online, along with online and offline podcast access. Spotify also provides sales, distribution and marketing, research and development, and customer support services.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-SPOT
$485.84
-0.4% Downside
Fair
$600.20
23.0% Upside
Undervalued
Great
0.0%
August 4, 2026
32.4x
10.9x
5.0x
101.2 B
93.187 B
0.5%
76.4%
8.9
117.1%
Valuation • Fair Value

Spotify Technology SA (NYSE-SPOT) Fair Value by Valuation Model

Compare the primary fair value estimate for Spotify Technology SA (NYSE-SPOT) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$485.84

Estimated downside of 0.4% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$506.06

Discounted cash flow valuation reference.

Ben Graham Formula Value

$166.83

Classic Ben Graham valuation formula reference.

DDM Fair Value

NM

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$465.63

Comparable-company valuation reference.

Analyst Price Target

$600.20

Analysts imply upside of 23.0%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Spotify Technology SA (NYSE-SPOT) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Spotify Technology SA (NYSE-SPOT)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

20.26 B

Current operating scale indicator.

Revenue Forecast

22.275 B

Forward revenue estimate.

EBITDA

2.827 B

Current operating profitability reference.

EBITDA Forecast

3.392 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Spotify Technology SA (NYSE-SPOT) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Spotify Technology SA (NYSE-SPOT)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Great

Positive financial-health read.

Piotroski Score

9

Relatively strong quality score.

Beneish M-Score

-2.65

No elevated caution signal from this screen.

Altman Z-Score

8.9

Relatively strong balance-sheet zone.

FCF / Net Income

117.1%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Spotify Technology SA (NYSE-SPOT). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Spotify Technology SA (NYSE-SPOT)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 4, 2026

Days to Earnings

14

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

0.0%

Income yield reference.

Upcoming Dividend

Not available

Data is currently unavailable.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

Not available

Data is currently unavailable.

Payout Ratio

Not available

Data is currently unavailable.

How to read events and dividends

This section helps investors track time-sensitive items for Spotify Technology SA (NYSE-SPOT), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Spotify Technology SA (NYSE-SPOT) Stock Forecast & Technical Outlook

Review Spotify Technology SA (NYSE-SPOT) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Sell

The 15-minute technical read for Spotify Technology SA (NYSE-SPOT) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Spotify Technology SA (NYSE-SPOT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Spotify Technology SA (NYSE-SPOT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Buy

The weekly technical read for Spotify Technology SA (NYSE-SPOT) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Spotify Technology SA (NYSE-SPOT) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Spotify Technology SA (NYSE-SPOT)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Spotify Technology SA (NYSE-SPOT) has a Strong Buy consensus, with 24 buy, 7 hold and 0 sell recommendations in the current data set.

Buy 24
Hold 7
Sell 0
FAQ Fast Investor Answers

Spotify Technology SA (NYSE-SPOT) Stock FAQ

Quick answers about Spotify Technology SA (NYSE-SPOT) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$485.84
Estimated downside 0.4%
Valuation Rating
Near Fair Value
Price is close to fair value
Analyst Target
$600.20
Implied upside 23.0%
Financial Health
Great
Current financial-health read

The current fair value estimate for Spotify Technology SA (NYSE-SPOT) is $485.84. This implies an estimated downside of 0.4% versus the current market price.

Based on the current fair value estimate, the stock is trading close to its estimated fair value.

The available analyst price target for Spotify Technology SA (NYSE-SPOT) is $600.20. The analyst target implies estimated upside of 23.0%.

The current financial health read for Spotify Technology SA (NYSE-SPOT) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Spotify Technology SA (NYSE-SPOT) is August 4, 2026.

Based on the current data, dividend yield is 0.0%.

The current P/E ratio listed for Spotify Technology SA (NYSE-SPOT) is 32.4x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Spotify Technology SA is 101.2 B.

The current enterprise value listed for Spotify Technology SA is 93.187 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Spotify Technology SA is NYSE-SPOT, and the stock is listed on NYSE.

Spotify Technology SA (NYSE-SPOT) is listed on NYSE.

The current debt-to-total-capital ratio listed for Spotify Technology SA is 0.5%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Spotify Technology SA is 76.4%. Free float helps investors understand how much of the share base is available for public trading.