IQ EQ FUND MANAGEMENT IRELAND Ltd Buys 4,893 Shares of Spotify Technology $SPOT

IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in Spotify Technology (NYSE:SPOT) by 134.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,533 shares of the company’s stock after acquiring an additional 4,893 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Spotify Technology were worth $5,956,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Ignite Planners LLC grew its holdings in shares of Spotify Technology by 2.4% in the 2nd quarter. Ignite Planners LLC now owns 637 shares of the company’s stock worth $489,000 after purchasing an additional 15 shares during the last quarter. Sage Mountain Advisors LLC grew its stake in Spotify Technology by 6.3% during the third quarter. Sage Mountain Advisors LLC now owns 289 shares of the company’s stock worth $201,000 after buying an additional 17 shares during the last quarter. Cloud Capital Management LLC increased its holdings in shares of Spotify Technology by 4.8% during the second quarter. Cloud Capital Management LLC now owns 392 shares of the company’s stock worth $301,000 after buying an additional 18 shares in the last quarter. Fullerton Fund Management Co Ltd. raised its stake in shares of Spotify Technology by 7.0% in the second quarter. Fullerton Fund Management Co Ltd. now owns 276 shares of the company’s stock valued at $212,000 after acquiring an additional 18 shares during the last quarter. Finally, Huntington National Bank boosted its holdings in shares of Spotify Technology by 3.9% in the 2nd quarter. Huntington National Bank now owns 506 shares of the company’s stock worth $388,000 after acquiring an additional 19 shares in the last quarter. 84.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Phillip Securities upgraded Spotify Technology from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 10th. Citizens Jmp started coverage on Spotify Technology in a research note on Wednesday, December 17th. They issued a “market outperform” rating and a $800.00 target price for the company. Cantor Fitzgerald cut their price target on Spotify Technology from $675.00 to $615.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Rosenblatt Securities lowered their price objective on Spotify Technology from $700.00 to $670.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Finally, UBS Group cut their target price on shares of Spotify Technology from $850.00 to $800.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $727.71.

Spotify Technology Price Performance

NYSE SPOT opened at $412.80 on Friday. Spotify Technology has a one year low of $405.00 and a one year high of $785.00. The firm has a market cap of $84.99 billion, a P/E ratio of 64.91, a P/E/G ratio of 0.84 and a beta of 1.66. The stock’s 50-day moving average is $548.32 and its 200-day moving average is $630.60.

Spotify Technology (NYSE:SPOT) last posted its earnings results on Tuesday, November 4th. The company reported $3.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $1.96. Spotify Technology had a return on equity of 21.68% and a net margin of 8.46%.The business had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $4.23 billion. During the same period in the prior year, the business earned $1.45 EPS. Spotify Technology’s revenue for the quarter was up 7.1% compared to the same quarter last year. Equities analysts anticipate that Spotify Technology will post 10.3 EPS for the current year.

Spotify Technology News Summary

Here are the key news stories impacting Spotify Technology this week:

• Positive Sentiment: Product improvements that boost engagement — Spotify expanded its lyrics feature with translations and offline access, a user-facing upgrade that can raise engagement and retention for listeners across markets. Spotify expands lyrics feature with translations, offline access, and new design
• Positive Sentiment: New commerce channel: physical books via Bookshop.org — Spotify will sell physical books in‑app through a Bookshop.org partnership and is adding audiobook features, expanding revenue opportunities beyond subscriptions and streamed audio. This diversifies monetization and could help ARPU over time. Spotify to let users buy physical books on app through Bookshop.org partnership
• Positive Sentiment: Analyst/bull theses highlight improving margins and FCF — recent writeups argue Spotify is executing a “Year of Efficiency,” expanding gross margins and free cash flow, and positioning the service as a multi‑format audio utility — a constructive view for longer‑term investors. The Sound of Money: How Spotify Turned Audio Into Profit Power
• Neutral Sentiment: Earnings season setup — a Zacks preview walks through Wall Street estimates for Q4 key metrics; investors will focus on MAUs, premium subs, ARPU and margin confirmation when Spotify reports, making the upcoming print a short‑term catalyst. Gear Up for Spotify (SPOT) Q4 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Near‑term drag from conservative guidance and currency headwinds — coverage points to management’s cautious Q4 revenue outlook (slightly below consensus) and FX pressure as the primary reason investors pared positions; that guidance + upcoming earnings explains much of today’s weakness. The Sound of Money: How Spotify Turned Audio Into Profit Power

About Spotify Technology

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.