While Spotify Technology S.A has overperformed by 2.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SPOT rose by 129.99%, with highs and lows ranging from $652.63 to $249.58, whereas the simple moving average jumped by 39.89% in the last 200 days.
On March 11, 2025, Redburn Atlantic started tracking Spotify Technology S.A (NYSE: SPOT) recommending Neutral. A report published by Rosenblatt on February 05, 2025, Downgraded its rating to ‘Neutral’ for SPOT. Pivotal Research Group Reiterated the rating as Buy on November 13, 2024, but set its price target from $510 to $565. Pivotal Research Group resumed its ‘Buy’ rating for SPOT, as published in its report on September 19, 2024. Cantor Fitzgerald’s report from September 05, 2024 suggests a price prediction of $340 for SPOT shares, giving the stock a ‘Neutral’ rating. Goldman also rated the stock as ‘Buy’.
Analysis of Spotify Technology S.A (SPOT)
Further, the quarter-over-quarter increase in sales is 14.62%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Spotify Technology S.A’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 28.91% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.88, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and SPOT is recording an average volume of 2.23M. On a monthly basis, the volatility of the stock is set at 5.28%, whereas on a weekly basis, it is put at 5.76%, with a gain of 9.40% over the past seven days. Furthermore, long-term investors anticipate a median target price of $688.15, showing growth from the present price of $586.23, which can serve as yet another indication of whether SPOT is worth investing in or should be passed over.
How Do You Analyze Spotify Technology S.A Shares?
Spotify Technology S.A (SPOT) is based in the Luxembourg and is one of the most prominent companies operating in the Internet Content & Information market. When comparing Spotify Technology S.A shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 97.87, there is a growth in quarterly earnings of 603.01%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 25.24%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 67.01% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
