New Analyst Forecast: $SPOT Given 'Outperform' Rating

We just received data on a new analyst forecast for $SPOT. Bernstein gave a rating of 'Outperform' for $SPOT.

$SPOT Analyst Ratings

Wall Street analysts have issued reports on $SPOT in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Bernstein issued a "Outperform" rating on 06/03/2025
• Evercore ISI issued a "Outperform" rating on 04/30/2025
• UBS issued a "Buy" rating on 04/15/2025
• Goldman Sachs issued a "Buy" rating on 02/04/2025
• Raymond James issued a "Outperform" rating on 02/04/2025
• Pivotal Research issued a "Buy" rating on 02/04/2025
• Guggenheim issued a "Buy" rating on 01/14/2025

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 6 analysts offer price targets for $SPOT in the last 6 months, with a median target of $665.0.

Here are some recent targets:

• Maria Ripps from Canaccord Genuity set a target price of $775.0 on 05/20/2025
• 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

$SPOT Congressional Stock Trading

Members of Congress have traded $SPOT stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.

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

• REPRESENTATIVE BRUCE WESTERMAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/20 and 1 sale worth up to $15,000 on 04/21.
• REPRESENTATIVE JEFFERSON SHREVE purchased up to $50,000 on 04/11.
• 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.

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

$SPOT Hedge Fund Activity

We have seen 652 institutional investors add shares of $SPOT stock to their portfolio, and 506 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FMR LLC added 3,043,677 shares (+149.1%) to their portfolio in Q1 2025, for an estimated $1,674,113,660
• BAILLIE GIFFORD & CO removed 2,318,712 shares (-17.6%) from their portfolio in Q1 2025, for an estimated $1,275,361,161
• FISHER ASSET MANAGEMENT, LLC added 2,028,898 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,115,954,766
• VIKING GLOBAL INVESTORS LP removed 1,355,708 shares (-87.5%) from their portfolio in Q1 2025, for an estimated $745,680,071
• BLACKROCK, INC. added 1,283,156 shares (+12.8%) to their portfolio in Q1 2025, for an estimated $705,774,294
• JENNISON ASSOCIATES LLC added 1,262,614 shares (+42.3%) to their portfolio in Q1 2025, for an estimated $694,475,578
• BANK OF AMERICA CORP /DE/ added 1,197,892 shares (+114.2%) to their portfolio in Q1 2025, for an estimated $658,876,536

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.