Spotify (SPOT) Announces Price Increases
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August 4, 2025 12:16 PM EDT
Wolfe Research analyst Devin Brisco reiterated an Outperform rating and $790.00 price target on Spotify (NYSE: SPOT).
The analyst comments "This morning, Spotify confirmed that it intends to raise prices (e.g. 11.99 from 10.99) on Premium plans beginning with the September billing cycle. While the extent to which the pricing actions would go into effect was not specifically disclosed, Spotify noted that effectively countries within every region outside N. America (i.e. US &... More
August 4, 2025 3:31 AM EDT
Phillip Securities analyst Helena Wang upgraded Spotify (NYSE: SPOT) from Reduce to Neutral with a price target of $600.00.
The analyst comments: "We keep our FY25e revenue assumption unchanged. We decrease FY25e PATMI by 12% to account for the extra social charges... More
August 4, 2025 2:10 AM EDT
Citi analyst Jason Bazinet lowered the price target on Spotify (NYSE: SPOT) to $715.00 (from $780.00) while maintaining a Neutral rating.... More
