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Spotify Technology S.A. (SPOT)

Communication Services | Internet Content & Information | Stockholm, Sweden | NYSE
522.44 USD -14.32 (-2.668%) ⇩ (April 21, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★★☆☆Dividends:★★☆☆☆
Hot Take | April 18, 2026, 10:23 p.m. EDT

Spotify (SPOT) is trading with a bullish technical bias above its 50-day average ($490), supported by robust analyst price targets and positive news flow regarding ad monetization and buybacks. While the model forecast predicts neutral movement in the next 45 days, options activity suggests a 'distributed breakout' scenario where speculators see strong value in a push toward $600, making it a solid tactical hold or accumulated position for upside, though it remains too expensive for a defensive long-term value play given its high P/E and zero dividend yield.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.058533
AutoETS0.058941
AutoTheta0.063382
AutoARIMA0.102429

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 79%
H-stat 0.26
Ljung-Box p 0.000
Jarque-Bera p 0.257
Excess Kurtosis 0.49
Attribute Value
Sector Communication Services
Debt to Equity Ratio 23.484
Revenue per Share 83.666
Market Cap 107,561,164,800
Trailing P/E 42.37
Forward P/E 27.14
Beta 1.70
Profit Margins 12.87%
Website https://www.spotify.com

As of April 18, 2026, 10:23 p.m. EDT: Options flow shows a distinct asymmetric bullish bias in the near term. In calls, there is heavy positioning in OTM strikes (560-600) for April expiration, indicating a bet on a continued rally towards $600. While there is some volume in puts (notably at 535 and 460-510 ranges) acting as support, the OI is significantly higher in the OTM call range, suggesting stopped-losses or hedging is providing a floor below current levels rather than a ceiling above. Open Interest walls are prominent at the 585 and 600 levels, suggesting a seller defense or aggressive buyer positioning near those targets. The Ljung-Box p-value indicates non-random price movement, but the forecasting metric suggests the direction is statistically negligible (-0.00188%), implying current trends may be transient unless supported by fundamental catalysts.


Info Dump

Attribute Value
52 Week Change -0.118542254
Address1 Regeringsgatan 19
All Time High 785.0
All Time Low 69.285
Ask 0.0
Ask Size 40
Audit Risk 1
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,518,950
Average Daily Volume3 Month 2,615,404
Average Volume 2,615,404
Average Volume10Days 1,518,950
Beta 1.702
Bid 0.0
Bid Size 120
Board Risk 8
Book Value 47.741013
City Stockholm
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country Sweden
Crypto Tradeable 0
Currency USD
Current Price 522.44
Current Ratio 1.725
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 541.79
Day Low 521.91
Debt To Equity 23.484
Display Name Spotify Technology
Earnings Call Timestamp End 1,777,377,600
Earnings Call Timestamp Start 1,777,377,600
Earnings Growth 2.139
Earnings Quarterly Growth 2.199
Earnings Timestamp 1,777,379,400
Earnings Timestamp End 1,777,379,400
Earnings Timestamp Start 1,777,379,400
Ebitda 2,254,000,128
Ebitda Margins 0.13114999
Enterprise To Ebitda 45.153
Enterprise To Revenue 5.922
Enterprise Value 101,775,147,008
Eps Current Year 13.06433
Eps Forward 19.246572
Eps Trailing Twelve Months 12.33
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 496.599
Fifty Day Average Change 25.841003
Fifty Day Average Change Percent 0.052035954
Fifty Two Week Change Percent -11.854225
Fifty Two Week High 785.0
Fifty Two Week High Change -262.56
Fifty Two Week High Change Percent -0.33447134
Fifty Two Week Low 405.0
Fifty Two Week Low Change 117.44
Fifty Two Week Low Change Percent 0.28997532
Fifty Two Week Range 405.0 - 785.0
Financial Currency EUR
First Trade Date Milliseconds 1,522,762,200,000
Float Shares 156,628,261
Forward Eps 19.246572
Forward P E 27.144573
Free Cashflow 675,374,976
Full Exchange Name NYSE
Full Time Employees 7,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.3198
Gross Profits 5,496,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.23412001
Held Percent Institutions 0.6846
Implied Shares Outstanding 205,882,340
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.
Long Name Spotify Technology S.A.
Market us_market
Market Cap 107,561,164,800
Market State PRE
Max Age 86,400
Message Board Id finmb_225595077
Most Recent Quarter 1,767,139,200
Net Income To Common 2,212,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 107,561,169,709
Number Of Analyst Opinions 39
Open 540.0
Operating Cashflow 2,932,999,936
Operating Margins 0.15471
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 2.25
Pre Market Change 1.8099976
Pre Market Change Percent 0.34629172
Pre Market Price 524.49
Pre Market Time 1,776,848,906
Previous Close 536.76
Price Eps Current Year 39.989803
Price Hint 2
Price To Book 10.943212
Price To Sales Trailing12 Months 6.25865
Profit Margins 0.12871
Quick Ratio 1.419
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.58537
Region US
Regular Market Change -14.32
Regular Market Change Percent -2.66786
Regular Market Day High 541.79
Regular Market Day Low 521.91
Regular Market Day Range 521.91 - 541.79
Regular Market Open 540.0
Regular Market Previous Close 536.76
Regular Market Price 522.44
Regular Market Time 1,776,801,602
Regular Market Volume 1,613,221
Return On Assets 0.10168
Return On Equity 0.31933
Revenue Growth 0.068
Revenue Per Share 83.666
Sand P52 Week Change 0.3140242
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 6
Shares Outstanding 205,882,340
Shares Percent Shares Out 0.0317
Shares Short 6,524,767
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 6,384,802
Short Name Spotify Technology S.A.
Short Percent Of Float 0.041199997
Short Ratio 3.35
Source Interval 15
Symbol SPOT
Target High Price 804.04474
Target Low Price 416.19757
Target Mean Price 643.86725
Target Median Price 651.06995
Total Cash 7,715,999,744
Total Cash Per Share 37.487
Total Debt 1,956,000,000
Total Revenue 17,186,000,896
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 12.33
Trailing P E 42.371452
Trailing Peg Ratio 2.1925
Triggerable 1
Two Hundred Day Average 601.3118
Two Hundred Day Average Change -78.871826
Two Hundred Day Average Change Percent -0.13116626
Type Disp Equity
Volume 1,613,221
Website https://www.spotify.com
Zip 111 53