New Analyst Forecast: $SPOT Given $650.0 Price Target

We just received data on a new analyst forecast for $SPOT. Mark Mahaney from Evercore ISI set a price target of 650.0 for SPOT.

To track analyst ratings and price targets for $SPOT, check out Quiver Quantitative's $SPOT forecast page.

$SPOT Price Targets

Multiple analysts have issued price targets for $SPOT recently. We have seen 9 analysts offer price targets for $SPOT in the last 6 months, with a median target of $550.0.

Here are some recent targets:

• Mark Mahaney from Evercore ISI set a target price of $650.0 on 04/30/2025
• John Hodulik from UBS set a target price of $680.0 on 04/15/2025
• Ed Vyvyan from Redburn Partners set a target price of $545.0 on 03/11/2025
• Benjamin Swinburne from Morgan Stanley set a target price of $550.0 on 12/18/2024
• Maria Ripps from Canaccord Genuity set a target price of $560.0 on 12/02/2024
• Matt Farrell from Piper Sandler set a target price of $450.0 on 11/13/2024
• Alan Gould from Loop Capital Markets set a target price of $435.0 on 11/13/2024

$SPOT Congressional Stock Trading

Members of Congress have traded $SPOT stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SPOT stock by members of Congress over the last 6 months:

• REPRESENTATIVE JOSH GOTTHEIMER has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 03/24, 02/21.
• REPRESENTATIVE BRUCE WESTERMAN purchased up to $15,000 on 03/20.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$SPOT Hedge Fund Activity

We have seen 603 institutional investors add shares of $SPOT stock to their portfolio, and 411 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BLACKROCK, INC. added 6,024,930 shares (+150.2%) to their portfolio in Q4 2024, for an estimated $2,695,433,183
• JENNISON ASSOCIATES LLC added 2,985,326 shares (+inf%) to their portfolio in Q4 2024, for an estimated $1,335,575,145
• MILLENNIUM MANAGEMENT LLC removed 2,734,149 shares (-97.6%) from their portfolio in Q4 2024, for an estimated $1,223,203,579
• BAILLIE GIFFORD & CO removed 2,412,641 shares (-15.5%) from their portfolio in Q4 2024, for an estimated $1,079,367,330
• STATE STREET CORP added 2,232,703 shares (+111.8%) to their portfolio in Q4 2024, for an estimated $998,866,668
• GQG PARTNERS LLC added 1,789,809 shares (+inf%) to their portfolio in Q4 2024, for an estimated $800,724,750
• WELLINGTON MANAGEMENT GROUP LLP removed 1,533,473 shares (-37.7%) from their portfolio in Q4 2024, for an estimated $686,045,150

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.