KeyBanc raises price targets on Spotify, Netflix shares

Jul 10, 2024 · They maintain an Overweight rating and raise the Netflix price target to $735 per share from $707 (based on a 31x multiple of 2025 estimated earnings). KeyBanc also sees upside for Spotify.

CouponFollow Extension

$735
OFF

KeyBanc Raises Price Targets On Spotify, Netflix Shares

2 weeks from now

investing.com

$675
OFF

KeyBanc Raises Spotify Stock Target To $675, Keeps Overweight Rating

2 weeks from now

2 days ago · The revised price target of $675 is based on KeyBanc's projections for Spotify's enterprise value to sales (EV/S) and enterprise value to free cash flow (EV/FCF) in 2026, …

investing.com

$675
OFF

KeyBanc Raises Spotify Stock Target To $675, Keeps Overweight Rating

2 weeks from now

2 days ago · On Wednesday, KeyBanc Capital Markets adjusted its outlook on Spotify Technology SA (NYSE: SPOT), increasing the price target to $675 from the previous $600, …

investing.com

$675
OFF

Spotify Price Target Raised To $675 From $600 At KeyBanc

2 weeks from now

2 days ago · KeyBanc analyst Justin Patterson raised the firm’s price target on Spotify to $675 from $600 and keeps an Overweight rating on the shares. Spotify has demonstrated …

businessinsider.com

$1000
OFF

Netflix Stock Price Target Raised To $1,000 At KeyBanc - Investing.com

2 weeks from now

Dec 24, 2024 · Investing.com -- KeyBanc Capital Markets raised its price target for Netflix (NASDAQ: NFLX) to $1,000 from $785 a share on Tuesday, citing a combination of historical …

investing.com

$1000
OFF

Netflix Price Target Raised To $1,000 From $785 At KeyBanc

2 weeks from now

Dec 24, 2024 · KeyBanc analyst Justin Patterson raised the firm’s price target on Netflix (NFLX) to $1,000 from $785 and keeps an Overweight rating on the shares. The market is in a "Netflix …

nasdaq.com

$735
OFF

KeyBanc Raises Price Targets On Spotify, Netflix Shares

2 weeks from now

They maintain an Overweight rating and raise the Netflix price target to $735 per share from $707 (based on a 31x multiple of 2025 estimated earnings). KeyBanc also sees upside for Spotify. …

snowealth.com

7%
OFF

KeyBanc Raises Netflix (NFLX) Price Target To $1000, Maintains ...

2 weeks from now

KeyBanc has increased its price target for Netflix (NFLX, Financial) from $785 to $1000, reflecting a 9.7% rise from the previous closing price. The firm continues to maintain an "overweight" …

gurufocus.com

$1000
OFF

KeyBanc Sees Strong Future For Netflix, Sets Price Target High

2 weeks from now

Dec 24, 2024 · KeyBanc Raises Price Target for Netflix. KeyBanc Capital Markets has recently raised its price target for Netflix (NASDAQ: NFLX) to $1,000 from a previous $785 per share. …

investorshangout.com

$600
OFF

Spotify Price Target Raised To $600 From $555 At KeyBanc

2 weeks from now

Jan 31, 2025 · KeyBanc raised the firm’s price target on Spotify (SPOT) to $600 from $555 and keeps an Overweight rating on the shares. The firm expects Spotify’s Q4 results will highlight …

businessinsider.com

$600
OFF

KeyBanc Raises Spotify Stock Target To $600 On Growth Optimism

2 weeks from now

Jan 31, 2025 · On Friday, KeyBanc Capital Markets updated its outlook for Spotify Technology SA (NYSE: SPOT), increasing its price target on the company’s shares from $555.00 to $600.00, …

investing.com

$555
OFF

Spotify Price Target Raised To $555 From $520 At KeyBanc

2 weeks from now

Jan 10, 2025 · KeyBanc raised the firm’s price target on Spotify (SPOT) to $555 from $520 and keeps an Overweight rating on the shares. The firm expects a mixed earnings season for …

businessinsider.com

$1000
OFF

KeyBanc Lifts Netflix Price Target On Bullish 2025 Outlook

2 weeks from now

Dec 24, 2024 · Netflix (NFLX) is in focus after KeyBanc analysts lifted their price target to $1,000 and maintained the Overweight rating of the stock. The analysts cited waning competition, live …

yahoo.com

$675
OFF

KeyBanc Raises Spotify Stock Target To $675, Keeps Overweight Rating

2 weeks from now

2 days ago · On Wednesday, KeyBanc Capital Markets adjusted its outlook on Spotify Technology SA (NYSE: SPOT), increasing the price target to $675 from the previous $600, …

investing.com

$440
OFF

KeyBanc Raises Spotify Target With Overweight Rating - Investing.com

2 weeks from now

Oct 16, 2024 · KeyBanc Capital Markets adjusted their outlook on Spotify (NYSE:SPOT), increasing the price target for the audio streaming giant from $440 to $490 while maintaining …

investing.com

$600
OFF

KeyBanc Raises Spotify Stock Target To $600 On Growth Optimism

2 weeks from now

On Friday, KeyBanc Capital Markets updated its outlook for Spotify Technology SA (NYSE:SPOT), increasing its price target on the company's shares from $555.00 to $600.00, …

msn.com

$675
OFF

KeyBanc Raises Spotify Stock Target To $675, Keeps Overweight …

2 weeks from now

The revised price target of $675 is based on KeyBanc's projections for Spotify's enterprise value to sales (EV/S) and enterprise value to free cash flow (EV/FCF) in 2026, which are estimated …

msn.com

$600
OFF

KeyBanc Raises Spotify Stock Target To $600 On Growth Optimism

2 weeks from now

Jan 31, 2025 · On Friday, KeyBanc Capital Markets updated its outlook for Spotify Technology SA (NYSE: SPOT), increasing its price target on the company's shares from $555.00 to $600.00, …

investing.com

$675.00
OFF

KeyBanc Sticks To Their Buy Rating For Spotify Technology SA (SPOT)

2 weeks from now

2 days ago · In a report released today, Justin Patterson from KeyBanc reiterated a Buy rating on Spotify Technology SA (SPOT – Research Report), with a price target of $675.00.The …

businessinsider.com

$720
OFF

UBS Raises Spotify Stock Price Target To $720 From $540

2 weeks from now

2 days ago · On Wednesday, UBS analyst Batya Levi increased the price target on Spotify (NYSE: SPOT) shares, raising it significantly to $720 from the previous $540, while reaffirming …

investing.com

$720
OFF

Benchmark Raises Spotify Stock Price Target To $720, Maintains Buy

2 weeks from now

2 days ago · On Wednesday, Benchmark analyst Mark Zgutowicz increased the price target for Spotify Technology SA (NYSE: SPOT) shares, raising it to $720 from the previous $600 while …

investing.com

FAQs about KeyBanc raises price targets on Spotify, Netflix shares Coupon?

What is KeyBanc's price target on Spotify (spot)?

KeyBanc raised the firm’s price target on Spotify (SPOT) to $555 from $520 and keeps an Overweight rating on the shares. The firm expects a mixe... ...

Should KeyBanc buy Spotify stock?

The possibility of stock buybacks further supports KeyBanc's optimistic stance on Spotify's financial prospects. KeyBanc's valuation models for Spotify, including estimated enterprise value to sales (EV/S) and enterprise value to free cash flow (EV/FCF) for the year 2026, stand at 5.4 times and 34.5 times, respectively. ...

What's happening with Spotify Technology SA?

In other recent news, Spotify Technology SA has seen a flurry of analyst activity and significant legal developments. Citi analysts raised their price target for Spotify to $540 from $500, maintaining a neutral rating. ...

How will Spotify perform in Q4 2024?

In terms of earnings, Spotify is set to announce its fourth-quarter 2024 results soon, with Cantor Fitzgerald anticipating a strong performance. Looking forward to the first quarter of 2025, analysts predict a modest compression in gross margins due to investments in video podcasts, but strong net additions are expected to continue. ...

Does Spotify's margin progress miss the Big Picture?

Spotify has demonstrated meaningful margin progress, with operating margin expanding from (5.6%) in 2022 to 8.7% in 2024. While KeyBanc does not expect the same degree of progression from here, its view is that a near-term focus on quarter-over-quarter gross margin and operating margin misses the big picture. ...