$458.69
3.94% yesterday
NYSE, Nov 15, 09:48 pm CET
ISIN
LU1778762911
Symbol
SPOT

Spotify Technology Target price 2024 - Analyst rating & recommendation

Spotify Technology Classifications & Recommendation:

Buy
79%
Hold
21%

Spotify Technology Price Target

Target Price $492.76
Price $458.32
Potential
Number of Estimates 29
29 Analysts have issued a price target Spotify Technology 2025 . The average Spotify Technology target price is $492.76. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 33 analysts: 26 Analysts recommend Spotify Technology to buy, 7 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Spotify Technology stock has an average upside potential 2025 of . Most analysts recommend the Spotify Technology stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 14.32 16.52
16.20% 15.33%
EBITDA Margin -1.25% 9.57%
69.51% 868.34%
Net Margin -4.16% 7.59%
8.49% 282.34%

29 Analysts have issued a sales forecast Spotify Technology 2024 . The average Spotify Technology sales estimate is

$16.5b
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. This is
0.87% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$16.7b 1.75%
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, the lowest is
$15.6b 4.56%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $14.3b 16.20%
2024
$16.5b 15.33%
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2025
$19.0b 14.77%
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2026
$21.7b 14.38%
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2027
$24.6b 13.23%
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2028
$26.8b 9.28%
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28 Spotify Technology Analysts have issued a net profit forecast 2024. The average Spotify Technology net profit estimate is

$1.3b
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. This is
62.91% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$1.4b 86.51%
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, the lowest is
$1.1b 48.04%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-596m 26.07%
2024
$1.3b 310.40%
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2025
$2.0b 55.67%
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2026
$2.5b 25.81%
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2027
$2.7b 8.81%
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2028
$2.9b 7.85%
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Net Margin

2023 -4.16% 8.49%
2024
7.59% 282.34%
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2025
10.30% 35.70%
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2026
11.33% 10.00%
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2027
10.89% 3.88%
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2028
10.75% 1.29%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -2.95 6.21
26.07% 310.51%
P/E 73.84
EV/Sales 5.14

28 Analysts have issued a Spotify Technology forecast for earnings per share. The average Spotify Technology <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$6.21
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. This is
62.99% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$7.11 86.61%
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, the lowest is
$5.64 48.03%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-2.95 26.07%
2024
$6.21 310.51%
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2025
$9.66 55.56%
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2026
$12.16 25.88%
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2027
$13.23 8.80%
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2028
$14.27 7.86%
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P/E ratio

Current 120.36 381.54%
2024
73.84 38.65%
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2025
47.43 35.77%
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2026
37.70 20.51%
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2027
34.65 8.09%
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2028
32.13 7.27%
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Based on analysts' sales estimates for 2024, the Spotify Technology stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 5.18 132.29%
2024
5.14 0.82%
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2025
4.48 12.87%
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2026
3.91 12.57%
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2027
3.46 11.69%
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2028
3.16 8.49%
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P/S ratio

Current 5.48 129.34%
2024
5.43 0.87%
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2025
4.73 12.87%
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2026
4.14 12.57%
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2027
3.65 11.69%
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2028
3.34 8.49%
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