SPOTIFY TECHNOLOGY SA Earnings Results: $SPOT Reports Quarterly Earnings

SPOTIFY TECHNOLOGY SA ($SPOT) posted quarterly earnings results on Tuesday, April 29th. The company reported earnings of $0.99 per share, missing estimates of $2.25 by $1.26. The company also reported revenue of $3,873,936,319, missing estimates of $4,291,160,359 by $-417,224,040.

You can see Quiver Quantitative's $SPOT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

SPOTIFY TECHNOLOGY SA Hedge Fund Activity

We have seen 597 institutional investors add shares of SPOTIFY TECHNOLOGY SA stock to their portfolio, and 403 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.

SPOTIFY TECHNOLOGY SA 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.

SPOTIFY TECHNOLOGY SA 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:

• 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
• KeyBanc issued a "Overweight" rating on 01/10/2025
• Morgan Stanley issued a "Overweight" rating on 12/18/2024

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

SPOTIFY TECHNOLOGY SA Price Targets

Multiple analysts have issued price targets for $SPOT recently. We have seen 8 analysts offer price targets for $SPOT in the last 6 months, with a median target of $547.5.

Here are some recent targets:

• 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
• Benjamin Black from Deutsche Bank set a target price of $440.0 on 11/06/2024

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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