Audited annual filings, TTM ratios and consensus forward estimates
Wall Street price targets and rating actions
Revenue disaggregation per 10-K filing
Annual filings (FY) with consensus forward estimates (hatched)
Current price $582.93
Latest analyst grade actions
| Date | Firm | Action | Previous | New grade |
|---|---|---|---|---|
Free float vs. closely held shares
13F institutional holdings are not available in the current data plan.
SEC Form 4 filings
| Date | Insider | Role | Type | Shares @ price | Value |
|---|---|---|---|---|---|
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | M-Exempt | 20,910 @ $151.25 | $3.16M |
| Oct 23, 26 |
| Morgan Stanley |
| maintain |
| Overweight |
| Overweight |
| Oct 23, 26 | Barclays | maintain | Overweight | Overweight |
| Oct 23, 26 | Evercore ISI Group | maintain | Outperform | Outperform |
| Oct 23, 26 | JP Morgan | maintain | Overweight | Overweight |
| Oct 23, 26 | Piper Sandler | maintain | Neutral | Neutral |
| Oct 23, 26 | Wells Fargo | maintain | Overweight | Overweight |
| Oct 23, 26 | Oppenheimer | maintain | Outperform | Outperform |
| Oct 23, 26 | Rosenblatt | maintain | Neutral | Neutral |
| Oct 23, 26 | Cantor Fitzgerald | maintain | Neutral | Neutral |
| Oct 12, 26 |
| Soderstrom Gustav |
| director, officer: Co-Chief Executive Officer |
| M-Exempt |
| 20,910 @ $151.25 |
| $3.16M |
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | S-Sale | 1,086 @ $527.05 | $572.4K |
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | S-Sale | 4,081 @ $527.95 | $2.15M |
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | S-Sale | 6,282 @ $529.11 | $3.32M |
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | S-Sale | 1,818 @ $530.21 | $963.9K |
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | S-Sale | 1,666 @ $531.03 | $884.7K |
| Oct 12, 26 | Soderstrom Gustav | director, officer: Co-Chief Executive Officer | S-Sale | 1,850 @ $532.14 | $984.5K |
FY2024 · 10-K disclosure
FY2025 · 10-K disclosure
Stock news · updated daily
Shares of Spotify Technology NYSE: SPOT surged following the company's latest earnings report, ending its two-quarter streak of post-earnings falls. Spotify shares gained 11%, good for the entertainment stock's largest single-day gain since May, and leaving shares roughly flat on the year.
Spotify Technology S.A. SPOT used its third-quarter 2026 earnings call to emphasize improving advertising trends, subscriber resilience and a slower pace of expense growth.
Spotify stock jumped 11% after Q3 results. Can AI growth and improving margins fuel further gains?
Spotify Technology S.A. (NYSE:SPOT) on Thursday reported downbeat third-quarter earnings and revenue.
On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, picked Zscaler, Inc. (NASDAQ:ZS).
Spotify Technology NYSE: SPOT reported third-quarter 2026 results that met or exceeded its guidance across revenue, monthly active users, subscribers, gross margin and operating income, while executives highlighted improving advertising growth, expanding audiobook availability and continued investment in artificial intelligence-driven features.
On October 22, 2026, Spotify Technology SA (SPOT) shares experienced a notable increase of 11.1%, bringing the current price to $583.66. This rise occurs within
Spotify is adding subscribers at a rapid clip. Audiobooks and other new features should drive further gains.
Reported EPS vs. consensus estimate
| Report date | EPS est. | EPS actual | Surprise | Revenue |
|---|---|---|---|---|
| Oct 22, 2026 | 3.18 | 2.81 | Miss -11.6% | $5.63B |
| Aug 4, 2026 | 3.16 | 3.03 | Miss -4.1% | $5.46B |
| Apr 28, 2026 | 3.43 | 4.04 | Beat 17.8% | $5.24B |
| Feb 10, 2026 | 3.21 | 5.16 | Beat 60.7% | $5.32B |
| Nov 4, 2025 | 2.29 | 3.83 | Beat 67.2% | $5.00B |
| Jul 29, 2025 | 2.30 | -0.48 | Miss -120.9% | $4.94B |
SEC EDGAR filings · last 12 months
| Form | Filed | Accepted | Document |
|---|---|---|---|
| 6-K | Oct 22, 2026 | 2026-10-22 16:09:19 | View |
| 6-K | Oct 22, 2026 | 2026-10-22 06:03:06 | View |
| 4 | Oct 14, 2026 | 2026-10-14 16:15:11 | View |
| 4 | Oct 5, 2026 | 2026-10-05 16:43:11 | View |
| 4 | Oct 5, 2026 | 2026-10-05 16:40:46 | View |
| 4 | Oct 5, 2026 | 2026-10-05 16:38:20 | View |
| 4 | Oct 5, 2026 | 2026-10-05 16:35:51 | View |
| 4 | Oct 5, 2026 | 2026-10-05 16:33:21 | View |
| 4 | Oct 5, 2026 | 2026-10-05 16:29:55 | View |
| 4 | Sep 16, 2026 | 2026-09-16 16:15:28 | View |
Proxy statement (DEF 14A) disclosures
TTM vs. 5-year historical average (annual ratios)
| Metric | SPOT | Historical (5Y) / ref | Status |
|---|---|---|---|
| P/E ratio (TTM) | 32.1x | -223.3x · sector 19.3x | Elevated |
| Forward P/E (FY26E) | 48.5x | EPS est. 12.02 | Elevated |
| Price / Book | 12.8x | 13.1x | In line |
| Price / Sales | 5.9x | 3.8x | Elevated |
| EV / EBITDA | 27.9x | 0.5x | Elevated |
| Return on equity | 41.1% | — | Top tier |
| Gross margin | 32.8% | 27.9% | Above hist. |
| Debt / Equity | 0.06 | 0.56 | Conservative |
| Piotroski / Altman Z | 5/9 | Z 13.47 | Safe zone |
Discounted cash flow model
1255 daily bars · split adjusted
Daily · Wilder smoothing
Classic floor pivots from 2026-10-23
Computed from daily OHLCV bars
| Indicator | Value | Type | Action |
|---|---|---|---|
| RSI (14) | 69.72 | Oscillator | Neutral |
| Stochastic %K (14, 3, 3) | 87.82 | Oscillator | Sell |
| Williams %R (14) | -10.19 | Oscillator | Sell |
| MACD (12, 26, 9) | 11.25 (Hist 7.34) | Oscillator | Strong Buy |
| Average Directional Index (14) | 16.62 (+DI 34.7 / -DI 18.0) | Trend | Neutral |
| EMA 20 | 530.59 | MA | Strong Buy |
| SMA 20 | 518.12 | MA | Strong Buy |
| EMA 50 | 520.45 | MA | Strong Buy |
| SMA 50 | 525.97 | MA | Strong Buy |
| SMA 200 | 496.60 | MA | Strong Buy |