▼ -16.29% Downside Potential
This price target is based on 28 analysts offering 12 month price targets for Spotify Technology in the last 3 months. The average price target is $237.31, with a high forecast of $357.00 and a low forecast of $110.00. The average price target represents a -16.29% upside from the last price of $283.49.
The current consensus among 28 polled investment analysts is to hold stock in Spotify Technology.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services in the United States, the United Kingdom, Luxembourg, and internationally. It operates through two segments, Premium and Ad-Supported. The company offers unlimited online and offline high-quality streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. It also provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers with no subscription fees; and sales, marketing, contract research and development, and customer support services. As of March 31, 2020, the company's platform included 286 million monthly active users and 130 million premium subscribers in approximately 79 countries and territories. Spotify Technology S.A. was founded in 2006 and is based in Luxembourg, Luxembourg.