SPOT

Spotify Technology S.A.

NYSE · Radio Broadcasting Stations · Inc. N4 · CIK 0001639920
$503.13 +1.24% $102.1B
Insider Selling Cluster (4 insiders)High Impact Filing (7/10)
Vol
Market Cap$102.1B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (83%)
Insider Activity0B / 7S
Insider Net $-$31.2M
Reddit Sentiment45° Neutral
SEC Reports8
Congressional3 trades
Exchange NYSE·Sector Radio Broadcasting Stations·Inc. N4·CIK 0001639920·Prev Close $496.95

Recent Activity

Jun 9, 2026 short_volume
Short Volume: SPOT — 68.5% short (0.4M / 0.6M)
Short: 426,570 | Exempt: 3,988 | TRF Vol: 622,851 | Short Ratio: 68.5% | Off-exchange volume (dark p
Jun 3, 2026 SEC
Two Spotify directors sold a combined $4.26M in open-market sales on May 26, 2026, representing ~0.004% of market cap —
CLUSTER — Impact 2/10
Jun 2, 2026 Insider
Soderstrom Gustav sold 20,833 shares
Co-Chief Executive Officer @ $151.25 ($3.2M)
Jun 2, 2026 Insider
Norstrom Alex sold 5,436 shares
Co-Chief Executive Officer @ $0.00 ($0.00)
Jun 2, 2026 Insider
Norstrom Alex sold 5,436 shares
Co-Chief Executive Officer @ $151.25 ($822.2K)
May 29, 2026 SEC
Two Spotify directors, Thomas O. Staggs and Christopher P. Marshall, executed open-market sales totaling $4.26M on May 2
CLUSTER — Impact 2/10
May 29, 2026 SEC
Two Spotify directors sold a combined $4.26M in open-market shares on May 26, 2026, following the exercise of stock opti
CLUSTER — Impact 2/10
Feb 27, 2026 Congress
Michael McCaul buy
$1,001 - $15,000 — House

Price Targets

$606.37 +22.2% upside Strong Buy
Current $496.22 Low $394.87 Median $607.88 High $727.53 39 analysts
$394.87 $727.53

Analyst Ratings

Strong Buy83% buy · 48 analysts
13Strong Buy
27Buy
8Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 26, 2026 Cantor Fitzgerald MAINTAIN Neutral → Neutral
May 22, 2026 JP Morgan MAINTAIN Overweight → Overweight
May 22, 2026 Wells Fargo MAINTAIN Overweight → Overweight
May 22, 2026 Citizens MAINTAIN Market Outperform → Market Outperform
May 22, 2026 Barclays MAINTAIN Overweight → Overweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $2.78 ▼ -1.6% $2.35 — $3.29 762% YoY 20
Next Q $2.96 ▼ -3.9% $2.44 — $3.65 -10% YoY 19
Current FY $12.80 ▼ -0.7% $11.30 — $14.74 22% YoY 27
Next FY $15.84 ▼ -0.9% $13.75 — $19.62 24% YoY 27

Recent Insider Trades

DateInsiderTypeValue
Jun 2, 2026Soderstrom GustavM$3.2M
Jun 2, 2026Norstrom AlexM$0.00
Jun 2, 2026Norstrom AlexM$822.2K
Jun 2, 2026Soderstrom GustavSELL$10.3M
Jun 2, 2026Norstrom AlexSELL$2.7M

Reddit Sentiment

45°
Neutral
Bearish Neutral Bullish
7 mentions 1 bullish 2 bearish

Congressional Trades

1 members: 3 buys, 0 sells
MemberPartyTypeAmount
Michael McCaulRBUY$1,001 - $15,000
Michael McCaulRBUY$1,001 - $15,000
Michael McCaulRBUY$1,001 - $15,000

No institutional holding data available yet. Data is sourced from 13F filings which are filed quarterly.

14 unique insiders with 7 transactions. Net insider value: -$31.2M ($0.00 bought, $31.2M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 2, 2026Soderstrom GustavCo-Chief Executive OfficerM20,833$151.25$3.2M
Jun 2, 2026Norstrom AlexCo-Chief Executive OfficerM5,436$0.00$0.00
Jun 2, 2026Norstrom AlexCo-Chief Executive OfficerM5,436$151.25$822.2K
Jun 2, 2026Soderstrom GustavCo-Chief Executive OfficerSELL20,833$496.52$10.3M
Jun 2, 2026Norstrom AlexCo-Chief Executive OfficerSELL5,436$498.27$2.7M
Jun 2, 2026Soderstrom GustavCo-Chief Executive OfficerM20,833$0.00$0.00
Jun 1, 2026Jenkins DusteeChief Public Affairs OfficerF362.768$497.68$180.5K
Jun 1, 2026Lundstrom AnnaChief Human Resources OfficerF152.82$497.68$76.1K
Jun 1, 2026Norstrom AlexCo-Chief Executive OfficerF807.774$497.68$402.0K
Jun 1, 2026Soderstrom GustavCo-Chief Executive OfficerF116.64$497.68$58.0K
May 28, 2026STAGGS THOMAS ODirectorA2,148$0.00$0.00
May 28, 2026Lorentzon Sven Hans MartinDirectorA1,974$0.00$0.00
May 28, 2026O'NEILL HEIDIDirectorA658$0.00$0.00
May 28, 2026Mehrotra ShishirDirectorA3,948$0.00$0.00
May 28, 2026WARRIOR PADMASREEDirectorA329$0.00$0.00
May 28, 2026Sutphen MonaDirectorA1,481$0.00$0.00
May 28, 2026SARANDOS THEODORE ADirectorM5,630$241.57$1.4M
May 28, 2026SARANDOS THEODORE ADirectorA494$0.00$0.00
May 28, 2026SARANDOS THEODORE ADirectorM5,630$0.00$0.00
May 28, 2026SARANDOS THEODORE ADirectorA494$0.00$0.00
May 28, 2026McCARTHY BARRYDirectorA1,974$0.00$0.00
May 28, 2026Marshall Christopher PDirectorA658$0.00$0.00
May 26, 2026STAGGS THOMAS ODirectorM5,961$362.36$2.2M
May 26, 2026STAGGS THOMAS ODirectorSELL5,477$526.00$2.9M
May 26, 2026STAGGS THOMAS ODirectorM5,961$0.00$0.00
May 26, 2026Marshall Christopher PDirectorM5,630$241.57$1.4M
May 26, 2026Marshall Christopher PDirectorSELL2,650$519.86$1.4M
May 26, 2026Marshall Christopher PDirectorM5,630$0.00$0.00
May 22, 2026WARRIOR PADMASREEDirectorM2,815$0.00$0.00
May 22, 2026WARRIOR PADMASREEDirectorM2,815$241.57$680.0K
May 5, 2026Soderstrom GustavCo-Chief Executive OfficerM20,833$0.00$0.00
May 5, 2026Soderstrom GustavCo-Chief Executive OfficerSELL20,833$430.72$9.0M
May 5, 2026Soderstrom GustavCo-Chief Executive OfficerM20,833$151.25$3.2M
May 5, 2026Norstrom AlexCo-Chief Executive OfficerM5,436$0.00$0.00
May 5, 2026Norstrom AlexCo-Chief Executive OfficerM5,436$151.25$822.2K
May 5, 2026Norstrom AlexCo-Chief Executive OfficerSELL5,436$433.07$2.4M
May 4, 2026McCARTHY BARRYDirectorM5,630$0.00$0.00
May 4, 2026McCARTHY BARRYDirectorM5,630$241.57$1.4M
May 1, 2026Jenkins DusteeChief Public Affairs OfficerA5,662$0.00$0.00
May 1, 2026Lundstrom AnnaChief Human Resources OfficerF152.28$446.55$68.0K
May 1, 2026Jenkins DusteeChief Public Affairs OfficerF361.662$446.55$161.5K
May 1, 2026Jenkins DusteeChief Public Affairs OfficerA16,987$0.00$0.00
May 1, 2026Lundstrom AnnaChief Human Resources OfficerA8,607$0.00$0.00
May 1, 2026Soderstrom GustavCo-Chief Executive OfficerF116.64$446.55$52.1K
May 1, 2026Luiga ChristianChief Financial OfficerA9,343$0.00$0.00
May 1, 2026Norstrom AlexCo-Chief Executive OfficerF791.764$446.55$353.6K
Apr 1, 2026Jenkins DusteeChief Public Affairs OfficerF362.768$484.91$175.9K
Apr 1, 2026Lundstrom AnnaChief Human Resources OfficerF152.28$484.91$73.8K
Apr 1, 2026Norstrom AlexCo-Chief Executive OfficerF807.71$484.91$391.7K
Apr 1, 2026Norstrom AlexCo-Chief Executive OfficerSELL5,436$479.51$2.6M

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (83% buy). Based on 48 analysts: 13 strong buy, 27 buy, 8 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$606.37 mean target +22.2% upside Strong Buy (1.59)
$394.87 Low $727.53 High
MetricValue
Current Price$496.22
Target Low$394.87
Target Mean$606.37
Target Median$607.88
Target High$727.53
# Analysts39
RecommendationStrong Buy (1.59)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$2.78 $2.35 $3.29 762.1% -1.6% 1↑ 6↓ $4.8B 14.3% 20
Next Q
2026-09-30
$2.96 $2.44 $3.65 -9.8% -3.9% 1↑ 10↓ $4.9B 15.3% 19
Current FY
2026-12-31
$12.80 $11.30 $14.74 21.8% -0.7% 6↑ 15↓ $19.5B 13.4% 27
Next FY
2027-12-31
$15.84 $13.75 $19.62 23.8% -0.9% 2↑ 9↓ $22.3B 14.2% 27

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$2.781
7d ago$2.813-0.033
30d ago$2.825-0.044
60d ago$2.902-0.121
90d ago$2.898-0.117
16 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 26, 2026 Cantor Fitzgerald MAINTAIN Neutral Neutral
May 22, 2026 JP Morgan MAINTAIN Overweight Overweight
May 22, 2026 Wells Fargo MAINTAIN Overweight Overweight
May 22, 2026 Citizens MAINTAIN Market Outperform Market Outperform
May 22, 2026 Barclays MAINTAIN Overweight Overweight
May 22, 2026 Morgan Stanley MAINTAIN Overweight Overweight
May 22, 2026 Rosenblatt MAINTAIN Neutral Neutral
Apr 30, 2026 UBS MAINTAIN Buy Buy
Apr 29, 2026 JP Morgan MAINTAIN Overweight Overweight
Apr 29, 2026 Canaccord Genuity MAINTAIN Buy Buy
Apr 29, 2026 Benchmark MAINTAIN Buy Buy
Apr 29, 2026 Goldman Sachs MAINTAIN Buy Buy
Apr 29, 2026 Guggenheim MAINTAIN Buy Buy
Apr 29, 2026 Citizens REITERATE Market Outperform Market Outperform
Apr 29, 2026 Wells Fargo MAINTAIN Overweight Overweight
Apr 29, 2026 Barclays MAINTAIN Overweight Overweight
Apr 29, 2026 Cantor Fitzgerald MAINTAIN Neutral Neutral
Apr 29, 2026 Keybanc MAINTAIN Overweight Overweight
Apr 29, 2026 Rosenblatt MAINTAIN Neutral Neutral
Apr 15, 2026 Keybanc MAINTAIN Overweight Overweight
Apr 13, 2026 Wells Fargo MAINTAIN Overweight Overweight
Apr 8, 2026 Barclays MAINTAIN Overweight Overweight
Mar 26, 2026 Daiwa Capital INITIATE Buy
Feb 24, 2026 Guggenheim MAINTAIN Buy Buy
Feb 11, 2026 Guggenheim MAINTAIN Buy Buy
Feb 11, 2026 Evercore ISI Group MAINTAIN Outperform Outperform
Feb 11, 2026 Barclays MAINTAIN Overweight Overweight
Feb 11, 2026 Cantor Fitzgerald MAINTAIN Neutral Neutral
Feb 9, 2026 Keybanc MAINTAIN Overweight Overweight
Jan 23, 2026 Goldman Sachs UPGRADE Neutral Buy
Jan 20, 2026 Barclays MAINTAIN Overweight Overweight
Jan 16, 2026 Benchmark MAINTAIN Buy Buy
Jan 14, 2026 Bernstein MAINTAIN Outperform Outperform
Jan 13, 2026 Wells Fargo MAINTAIN Overweight Overweight
Jan 9, 2026 UBS MAINTAIN Buy Buy
Jan 8, 2026 Cantor Fitzgerald MAINTAIN Neutral Neutral
Jan 8, 2026 Guggenheim MAINTAIN Buy Buy
Dec 17, 2025 Citizens INITIATE Market Outperform

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 2026132780083%
May 1, 2026132870085%
Apr 1, 2026132680083%
Mar 1, 2026132580083%
Feb 1, 20261225100079%
Jan 1, 20261223101076%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 3 buys, 0 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Feb 27, 2026Michael McCaulRHOUSEBUY$1,001 - $15,000Spotify Technology S.AMar 12, 2026 (14d)
Feb 10, 2026Michael McCaulRHOUSEBUY$1,001 - $15,000Spotify Technology S.AMar 12, 2026 (31d)
Feb 4, 2026Michael McCaulRHOUSEBUY$1,001 - $15,000Spotify Technology S.AMar 12, 2026 (37d)
45°
Neutral
Bearish Neutral Bullish
7 mentions 1 bullish 2 bearish 7 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 27, 2026140° Cool011
May 27, 2026140° Cool011
May 18, 2026150° Neutral001
May 18, 2026150° Neutral001
Apr 27, 2026144° Neutral001
Apr 27, 2026144° Neutral001
Feb 27, 2026160° Warm101

Recent Reddit Threads

r/wallstreetbets Bearish 13d 13h ago
I’m back holding close to $500,000 of OTM $SPOT calls
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Neutral 1mo ago
$300k of calls into $SPOT earnings gamble. Music is the future
▲ 1 💬 1 ⚡ 0.5
Jun 9, 2026
short_volume
Short Volume: SPOT — 68.5% short (0.4M / 0.6M)
Short: 426,570 | Exempt: 3,988 | TRF Vol: 622,851 | Short Ratio: 68.5% | Off-exchange volume (dark pool + OTC)
Jun 8, 2026
short_volume
Short Volume: SPOT — 70.0% short (0.5M / 0.7M)
Short: 469,547 | Exempt: 9,205 | TRF Vol: 670,663 | Short Ratio: 70.0% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: SPOT — 59.7% short (0.4M / 0.7M)
Short: 446,151 | Exempt: 1,548 | TRF Vol: 747,686 | Short Ratio: 59.7% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: SPOT — 55.2% short (0.5M / 0.8M)
Short: 450,758 | Exempt: 186 | TRF Vol: 816,555 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: SPOT — 55.6% short (0.3M / 0.5M)
Short: 293,277 | Exempt: 1,187 | TRF Vol: 527,531 | Short Ratio: 55.6% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: SPOT — 56.7% short (0.5M / 0.8M)
Short: 471,321 | Exempt: 3,460 | TRF Vol: 830,706 | Short Ratio: 56.7% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: SPOT — 57.2% short (0.4M / 0.7M)
Short: 407,563 | Exempt: 4,833 | TRF Vol: 711,937 | Short Ratio: 57.2% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: SPOT — 68.3% short (0.7M / 1.1M)
Short: 738,205 | Exempt: 20,845 | TRF Vol: 1,080,552 | Short Ratio: 68.3% | Off-exchange volume (dark pool + OTC)
May 22, 2026
short_volume
Short Volume: SPOT — 64.0% short (1.4M / 2.2M)
Short: 1,438,892 | Exempt: 47,605 | TRF Vol: 2,246,517 | Short Ratio: 64.0% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: SPOT — 64.1% short (1.9M / 2.9M)
Short: 1,877,208 | Exempt: 44,609 | TRF Vol: 2,927,591 | Short Ratio: 64.1% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: SPOT — 4.9M shares, 138,590 trades
Week starting 2026-05-18. Total ATS volume: 4,949,791 shares across 138,590 trades.
May 15, 2026
short_volume
Short Volume: SPOT — 58.7% short (0.4M / 0.7M)
Short: 392,912 | Exempt: 3,438 | TRF Vol: 669,540 | Short Ratio: 58.7% | Off-exchange volume (dark pool + OTC)
May 13, 2026
short_interest
FTD: SPOT — 9,680 shares ($4.2M) failed to deliver
Settlement: 20260513, Price: $432.75, FTD Value: $4,189,020, SPOTIFY TECHNOLOGY S A SHS (LU
May 11, 2026
dark_pool
Dark Pool: SPOT — 2.3M shares, 76,956 trades
Week starting 2026-05-11. Total ATS volume: 2,293,223 shares across 76,956 trades.
May 4, 2026
dark_pool
Dark Pool: SPOT — 3.5M shares, 108,834 trades
Week starting 2026-05-04. Total ATS volume: 3,501,232 shares across 108,834 trades.