Spotify price target raised to $700 from $515 at BofA

2 days ago  · BofA raised the firm’s price target on Spotify (SPOT) to $700 from $515 and keeps a Buy rating on the shares. The firm notes the company reported a strong Q4 as essentially all key KPIs came in ...


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$700
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Spotify Price Target Raised To $700 From $515 At BofA

2 weeks from now

2 days ago  · BofA raised the firm’s price target on Spotify (SPOT) to $700 from $515 and keeps a Buy rating on the shares. The firm notes the company reported a strong Q4 as essentially all key KPIs came in ...

businessinsider.com

$515
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Spotify Price Target Raised To $515 From $430 At BofA - Nasdaq

2 weeks from now

Nov 13, 2024  · BofA raised the firm’s price target on Spotify (SPOT) to $515 from $430 and keeps a Buy rating on the shares after the company reported a "very strong" Q3 with gross margin, …

nasdaq.com

$430.00
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UBS Group Boosts Spotify Technology (NYSE:SPOT) Price Target To …

2 weeks from now

Jan 15, 2025  · Finally, Bank of America raised their price target on Spotify Technology from $430.00 to $515.00 and gave the company a "buy" rating in a report on Wednesday, …

marketbeat.com

$430
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Spotify (SPOT) Price Target Raised By Bank Of America Global

2 weeks from now

Bank of America Global has increased its price target for Spotify (SPOT) from $430 to $515. This revision reflects a positive outlook on the streaming service's 🚀 Enjoy a 7-Day Free Trial Thru …

gurufocus.com

35%
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BofA Raises Spotify Price Target On Streaming Platform's Near …

2 weeks from now

SPOT Price Action: Shares of Spotify Technology were trading 1.35% higher at $317.91 at last check Wednesday. ... Jessica Reif Ehrlich maintained a Buy rating on Spotify Technology and …

yahoo.com

$509.61
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Spotify Technology (SPOT) Stock Forecast & Price Target

2 weeks from now

2 days ago  · According to the 28 analysts' twelve-month price targets for Spotify Technology, the average price target is $509.61. The highest price target for SPOT is $730.00, while the lowest …

marketbeat.com

4%
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Spotify Earnings Are Imminent; These Most Accurate Analysts

2 weeks from now

Nov 12, 2024  · On Monday, Benchmark analyst Matthew Harrigan maintained Spotify with a Buy and raised the price target from $430 to $440. Spotify shares gained 2.4% to close at $410.19 …

benzinga.com

$710.00
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Spotify Technology (NYSE:SPOT) Price Target Raised To $710.00

2 weeks from now

1 day ago  · Benchmark reissued a "buy" rating and set a $520.00 target price on shares of Spotify Technology in a report on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft …

marketbeat.com

$451.39
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SPOT Stock Price Target | Spotify Technology Analyst Ratings

2 weeks from now

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 $451.39, with a high forecast of $600.00 and a …

pricetargets.com

$490
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Goldman Sachs Raises Spotify's Forecast Ahead Of Q4 - Yahoo …

2 weeks from now

Jan 8, 2025  · Goldman Sachs analyst Eric Sheridan maintained Spotify Technology (NYSE:SPOT) with a Buy and raised the price target from $490 to $550. Ahead of its fourth …

yahoo.com

$550
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Goldman Sachs Raises Spotify's Forecast Ahead Of Q4

2 weeks from now

Jan 8, 2025  · Goldman Sachs analyst maintained Buy on Spotify stock, raising price target to $550 from $490 and previewing industry data and financial implications of creator economy …

benzinga.com

$440
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Spotify Price Target Raised To $440 From $430 At Benchmark

2 weeks from now

Nov 11, 2024  · Benchmark analyst Mark Zgutowicz raised the firm’s price target on Spotify (SPOT) to $440 from $430 and keeps a Buy rating on the shares in front of Spotify’s Q3 …

nasdaq.com

$550
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Spotify Price Target Raised To $550 From $460 At Morgan Stanley

2 weeks from now

Dec 18, 2024  · Read More on SPOT: Morgan Stanley swaps Spotify for Disney as top media pick into 2025; Spotify price target raised to $555 from $530 at JPMorgan; Goldman calls Uber a …

nasdaq.com

$540
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Spotify Price Target Raised To $540 From $485 At UBS As Firm …

2 weeks from now

Jan 15, 2025  · UBS analyst Batya Levi raised the firm’s price target on Spotify (SPOT) to $540 from $485 and keeps a Buy rating on the shares. The firm remains bullish on the shares in …

businessinsider.com

$555
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Spotify Price Target Raised To $555 From $530 At JPMorgan

2 weeks from now

Dec 18, 2024  · JPMorgan analyst Doug Anmuth raised the firm’s price target on Spotify to $555 from $530 and keeps an Overweight rating on the shares. Despite continued strong share …

nasdaq.com

$340.00
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The Goldman Sachs Group Boosts Spotify Technology …

2 weeks from now

Jan 8, 2025  · Cantor Fitzgerald reaffirmed a "neutral" rating and set a $340.00 price target on shares of Spotify Technology in a research report on Monday, October 7th. Finally, Deutsche …

marketbeat.com

FAQs about Spotify price target raised to $700 from $515 at BofA Coupon?

Is spot a good platform for monetization?

On the content side, SPOT has a large and growing 67m video podcast inventory, 350k audiobooks in 10 markets, and a world-leading music catalog. This unrivaled platform allows SPOT to have significant pricing power over its users and ways to monetize the users. ...

Will Spotify's Q4 results drive re-rating & share price appreciation?

Spotify's Q4 results exceeded expectations, achieving its first full-year profit and issuing a strong outlook, suggesting continued profitable growth initiatives. Strong subscriber growth and premium valuation of 47x 2025E earnings are expected to drive further re-rating and share price appreciation. ...

Does spot drive premium subscriber growth?

Our thesis on SPOT is that the company has established a strong, virtuous cycle in which its freemium model, extensive content library, and personalization have resulted in high user engagement, which SPOT can leverage when driving premium subscriber growth on a global scale. ...

Why does spot have a higher ARPU compared to other streaming platforms?

This could drive higher ARPU within the subscriber base without sacrificing user growth, given that SPOT’s growing network effect has made it a leading audio streaming platform globally, and the increased platform stickiness ultimately leads to higher user stickiness and their willingness to pay premium pricing for premium services. ...

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