Spotify Technology (SPOT) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Spotify Technology (NYSE: SPOT) recently:

• 5/30/2026 – Spotify Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/26/2026 – Spotify Technology had its price target raised by Cantor Fitzgerald from $430.00 to $520.00. They now have a “neutral” rating on the stock.
• 5/22/2026 – Spotify Technology had its price target raised by JPMorgan Chase & Co. from $600.00 to $650.00. They now have an “overweight” rating on the stock.
• 5/22/2026 – Spotify Technology had its price target raised by Wells Fargo & Company from $580.00 to $600.00. They now have an “overweight” rating on the stock.
• 5/22/2026 – Spotify Technology had its price target raised by Citizens Jmp from $600.00 to $625.00. They now have a “market outperform” rating on the stock.
• 5/22/2026 – Spotify Technology had its price target raised by Barclays PLC from $500.00 to $565.00. They now have an “overweight” rating on the stock.
• 5/22/2026 – Spotify Technology had its price target raised by Morgan Stanley from $590.00 to $610.00. They now have an “overweight” rating on the stock.
• 5/22/2026 – Spotify Technology had its price target raised by Rosenblatt Securities from $500.00 to $534.00. They now have a “neutral” rating on the stock.
• 5/9/2026 – Spotify Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/4/2026 – Spotify Technology was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 4/30/2026 – Spotify Technology had its price target lowered by UBS Group AG from $760.00 to $735.00. They now have a “buy” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Canaccord Genuity Group Inc. from $750.00 to $720.00. They now have a “buy” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by JPMorgan Chase & Co. from $700.00 to $600.00. They now have an “overweight” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Benchmark Co. from $760.00 to $695.00. They now have a “buy” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by The Goldman Sachs Group, Inc. from $670.00 to $600.00. They now have a “buy” rating on the stock.
• 4/29/2026 – Spotify Technology had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $600.00 price target on the stock, down from $800.00.
• 4/29/2026 – Spotify Technology had its price target lowered by Guggenheim from $600.00 to $565.00. They now have a “buy” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Wells Fargo & Company from $640.00 to $580.00. They now have an “overweight” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Cantor Fitzgerald from $525.00 to $430.00. They now have a “neutral” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Barclays PLC from $600.00 to $500.00. They now have an “overweight” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Pivotal Research from $420.00 to $400.00. They now have a “hold” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by KeyCorp from $745.00 to $680.00. They now have an “overweight” rating on the stock.
• 4/29/2026 – Spotify Technology had its price target lowered by Rosenblatt Securities from $670.00 to $500.00. They now have a “buy” rating on the stock.
• 4/26/2026 – Spotify Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 4/18/2026 – Spotify Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/15/2026 – Spotify Technology had its price target raised by KeyCorp from $740.00 to $745.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Spotify Technology had its price target lowered by Wells Fargo & Company from $650.00 to $640.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Spotify Technology is now covered by Morgan Stanley. They set an “overweight” rating and a $630.00 price target on the stock.
• 4/8/2026 – Spotify Technology had its price target lowered by Barclays PLC from $650.00 to $600.00. They now have an “overweight” rating on the stock.

Insider Buying and Selling at Spotify Technology

In other Spotify Technology news, Director Thomas O. Staggs sold 5,477 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total transaction of $2,880,902.00. Following the completion of the transaction, the director owned 3,619 shares of the company’s stock, valued at $1,903,594. This represents a 60.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher P. Marshall sold 2,650 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $519.86, for a total transaction of $1,377,629.00. Following the transaction, the director directly owned 4,039 shares of the company’s stock, valued at $2,099,714.54. This trade represents a 39.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 90,609 shares of company stock worth $44,303,507. Insiders own 0.40% of the company’s stock.

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.