Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks i…
An institutional-grade, numbers-driven thesis on SPOT — generated on demand from live fundamentals, scores and forecast.
Member feature · 7-day free trial · no charge today · cancel anytime
As of August 7, 2026, TradersQuant's model rates Spotify Technology S.A. (SPOT) 64/100 with a 12-month base-case forecast of $589.15 — +24.0% versus the current price of $475.07. Spotify Technology S.A. trades at $475.07 in the Communication Services sector, with a market capitalisation of $97.67B. The score blends valuation, growth, earnings quality and momentum into a single grade.
The 12-month analyst consensus price target for SPOT is $589.15, implying +24.0% versus the current price. The model's 12-month scenario range runs from $397.31 (bear) to $664.11 (bull), with a base case of $498.64.
On the fundamentals, Spotify Technology shows a P/E of 31.2, trailing revenue of $17.19B, revenue growth of +9.7% YoY. This page also tracks SPOT's short interest, institutional (smart-money) positioning and the options market — the same cross-signal view institutions watch.
SPOT currently carries a TradersQuant composite score of 64/100, which we read as a neutral-to-watch signal. The Wall-Street analyst consensus is "Buy". Our 12-month price target of $589.15 implies +24.0% from $475.07. This is research, not financial advice — always combine it with your own judgement.
The analyst consensus price target for SPOT is $589.15, about +24.0% versus the latest price of $475.07. Consensus is based on 52 analysts.
TradersQuant's 12-month model forecast for SPOT is a base case of $498.64, ranging from $397.31 (bear) to $664.11 (bull), an expected return of +5.0%. Forecasts are model estimates, not guarantees.
The TradersQuant price prediction for SPOT over the next 12 months is $498.64 in the base case (bear $397.31, bull $664.11), versus today's price of $475.07. Unlike black-box prediction sites, every TradersQuant call is logged at the price and date it was made and graded publicly against the S&P 500.
We deliberately don't publish 2030 price predictions for SPOT — no model can honestly forecast a single stock five-plus years out, and sites that do are guessing. TradersQuant focuses on a rigorous 12-month bull/base/bear range, refreshed continuously and graded on our public track record.
TradersQuant estimates SPOT's fair value at $589.15, implying +24.0% of expected upside versus the current price.
Spotify Technology does not currently pay a dividend.
Data and model outputs are for research only and are not financial advice. Figures update continuously.