Spotify Technology $SPOT Shares Purchased by LifeWealth Investments LLC

LifeWealth Investments LLC increased its holdings in shares of Spotify Technology (NYSE:SPOT) by 17.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 555 shares of the company’s stock after purchasing an additional 83 shares during the quarter. LifeWealth Investments LLC’s holdings in Spotify Technology were worth $426,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tsfg LLC acquired a new stake in Spotify Technology during the 1st quarter worth approximately $28,000. Cornerstone Planning Group LLC increased its position in Spotify Technology by 512.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 49 shares of the company’s stock worth $29,000 after purchasing an additional 41 shares in the last quarter. Sound Income Strategies LLC increased its position in Spotify Technology by 156.3% during the 2nd quarter. Sound Income Strategies LLC now owns 41 shares of the company’s stock worth $31,000 after purchasing an additional 25 shares in the last quarter. GFG Capital LLC acquired a new stake in Spotify Technology during the 2nd quarter worth approximately $33,000. Finally, Truvestments Capital LLC acquired a new stake in Spotify Technology during the 1st quarter worth approximately $34,000. Institutional investors and hedge funds own 84.09% of the company’s stock.

Analysts Set New Price Targets

SPOT has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on Spotify Technology from $740.00 to $805.00 and gave the company an “overweight” rating in a report on Monday, September 29th. UBS Group lowered their target price on Spotify Technology from $895.00 to $850.00 and set a “buy” rating on the stock in a report on Wednesday, July 30th. Benchmark lowered their target price on Spotify Technology from $840.00 to $800.00 and set a “buy” rating on the stock in a report on Wednesday, July 30th. Barclays lowered their target price on Spotify Technology from $800.00 to $750.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Spotify Technology from $700.00 to $775.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $731.16.

Spotify Technology Stock Down 2.1%

NYSE:SPOT opened at $674.73 on Thursday. Spotify Technology has a 1-year low of $376.00 and a 1-year high of $785.00. The firm has a market capitalization of $138.12 billion, a price-to-earnings ratio of 163.77, a price-to-earnings-growth ratio of 3.29 and a beta of 1.67. The stock has a fifty day simple moving average of $698.72 and a 200 day simple moving average of $673.71.

Spotify Technology (NYSE:SPOT) last released its quarterly earnings results on Tuesday, July 29th. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($2.42). Spotify Technology had a net margin of 4.76% and a return on equity of 13.67%. The company had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.29 billion. During the same quarter last year, the business earned $1.33 EPS. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. Spotify Technology has set its Q3 2025 guidance at EPS. Equities analysts predict that Spotify Technology will post 10.3 earnings per share for the current year.

Spotify Technology Profile

Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.