Rosenblatt Downgrades Spotify (SPOT) to Neutral

Spotify (SPOT) PT Raised to $700 at Canaccord Genuity

February 5, 2025 6:24 AM EST

(Updated - February 5, 2025 6:27 AM EST)

Canaccord Genuity analyst Maria Ripps raised the price target on Spotify (NYSE: SPOT) to $700.00 (from $650.00) while maintaining a Buy rating.

The analyst commented: "Spotify reported strong Q4 results, with MAUs, Premium subs, total revenue, and GMs all coming in ahead of guidance. Operating income was broadly in line with the outlook, and
the company generated a... More

Spotify (SPOT) PT Raised to $690 at Wells Fargo

February 5, 2025 6:22 AM EST

Wells Fargo analyst Steven Cahall raised the price target on Spotify (NYSE: SPOT) to $690.00 (from $520.00) while maintaining a Overweight rating.... More

Spotify (SPOT) PT Raised to $695 at Goldman Sachs

February 5, 2025 6:17 AM EST

Goldman Sachs analyst Eric Sheridan raised the price target on Spotify (NYSE: SPOT) to $695.00 (from $550.00) while maintaining a Buy rating.... More

Spotify (SPOT) PT Raised to $670 at Morgan Stanley

February 5, 2025 2:58 AM EST

Morgan Stanley analyst Benjamin Swinburne raised the price target on Spotify (NYSE: SPOT) to $670.00 (from $550.00) while maintaining a Overweight rating.

The analyst comments: "Our OW thesis is built on the view that music streaming is a growth market, that Spotify has the... More

Spotify (SPOT) PT Raised to $710 at Barclays

February 5, 2025 12:51 AM EST

Barclays analyst Kannan Venkateshwar raised the price target on Spotify (NYSE: SPOT) to $710.00 (from $475.00) while maintaining a Overweight rating.

The analyst comments: "Spotifys quarter and guidance should continue to keep the narrative intact through the year, supported further by concrete... More

Spotify (SPOT) PT Raised to $650 at Raymond James

February 4, 2025 11:27 AM EST

Raymond James analyst Andrew Marok raised the price target on Spotify (NYSE: SPOT) to $650.00 (from $500.00) while maintaining a Outperform rating.

The analyst comments "We reiterate our Outperform rating and raise our price target to $650 after Spotify put up another above-expectations... More

Spotify (SPOT) Misses Q4 EPS by 27c; offers guidance

February 4, 2025 6:05 AM EST

Spotify (NYSE: SPOT) reported Q4 EPS of EUR1.76, EUR0.27 worse than the analyst estimate of EUR2.03. Revenue for the quarter came in at EUR4.24 billion versus the consensus estimate of EUR4.14 billion.

Q1 revenue is seen at EUR4.2 billion, versus the consensus of EUR4.17... More

Spotify predicts strong quarter after cost cuts power first annual profit

February 4, 2025 6:03 AM EST

By Jaspreet Singh

(Reuters) -Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, as the Swedish audio-streaming giant benefits from strong user growth, price hikes and a cost-cutting drive.

Shares of the company, which competes with Apple and Amazon's music streaming offerings, rose nearly 10% in early trading.

The results mark the culmination of months-long efforts by Spotify to boost profitability through price increases and cost cuts, including layoffs, reduced marketing spend and a pullback from hefty investments in podcasting and audio.

Spotify said it expects operating income of 548... More

Spotify (SPOT) call put ratio 1 call to 1 put into quarter results

February 3, 2025 11:11 AM EST

Spotify (NYSE: SPOT) February 7 weekly call option implied volatility is at 136, February is at 70; compared to its 52-week range of 28 to 59 into the expected release of quarter results before the bell on February 4.

... More

Spotify (SPOT) call put ratio 1.1 calls to 1 put into quarter results

February 3, 2025 5:01 AM EST

Spotify (NYSE: SPOT) February 7 weekly 247.50 straddle priced for movement of 12% into the expected release of quarter results before the bell on February 4.

... More