Spotify to raise subscription prices in select markets

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Wolfe Research Comments on Spotify (SPOT) Earlier Price Increase in Europe

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