WallStSmart
SPOT

Spotify Technology SA

NYSE: SPOT · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION

$443.57
+2.16% today

Updated 2026-04-29

Market cap
$106.65B
P/E ratio
42.18
P/S ratio
6.21x
EPS (TTM)
$12.28
Dividend yield
52W range
$405 – $785
Volume
2.1M

WallStSmart proprietary scores

60
out of 100
Grade: C+
Hold
Investment rating
8.0
Growth
A
7.5
Quality
B+
8.0
Profitability
A
3.3
Valuation
D
4/9
Piotroski F-Score
Moderate
2.7
Altman Z-Score
Grey zone
Industry rank
View all highly rated stocks (75+) →206 stocks currently score above 75

Price targets

Analyst target
$642.62
+44.87%
12-Month target
$367.09
-17.24%
Intrinsic (DCF)
$330.58
Margin of safety
-47.37%
10 Strong Buy25 Buy7 Hold0 Sell0 Strong Sell

Price chart

X-Ray snapshot

Strengths
+ ROE 31.90% — strong efficiency
+ Free cash flow $834.00M — positive
+ Debt/equity 0.28x — low leverage
Risks
- 47.37% above intrinsic value
- P/E 42.18x — expensive valuation

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM2026 (E)
Revenue$11.73B$13.25B$15.67B$17.19B$17.19B$19.9B
Net income$-430.00M$-532.00M$1.14B$2.21B$1.17B
EPS$12.28$13.26
Free cash flow$21.00M$674.00M$2.28B$2.87B$834.00M
Profit margin-3.67%-4.02%7.26%12.87%12.90%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
SPOT$106.65B608.08.03.37.5-47.37%Buy
GOOGL$4.66T708.710.06.08.5+37.81%Strong Buy
GOOG$4.20T698.710.05.38.5+0.61%Strong Buy
META$1.55T757.310.08.07.0+30.07%Strong Buy
NFLX$394.17B748.710.04.07.0-66.24%Strong Buy
TMUS$211.57B624.07.05.34.0-65.57%Buy

Smart narrative

Spotify Technology SA trades at $443.57. representing a P/E of 42.18x trailing earnings. Our Smart Value Score of 60/100 indicates the stock is good. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 2.66, it sits in the grey zone. TTM revenue stands at $17.19B. with profit margins at 12.90%. Our DCF model estimates intrinsic value at $330.58.

Frequently asked questions

What is Spotify Technology SA's stock price?
Spotify Technology SA (SPOT) trades at $443.57.
Is Spotify Technology SA overvalued?
Smart Value Score 60/100 (Grade C+, Hold). DCF value $330.58.
What is the price target of Spotify Technology SA (SPOT)?
The analyst target price is $642.62, representing +44.9% upside from the current price of $443.57.
What is the intrinsic value of Spotify Technology SA (SPOT)?
Based on our DCF model, intrinsic value is $330.58, a -47.4% margin of safety versus $443.57.
What is the future stock price of SPOT by 2030?
Our research-backed model estimates Spotify Technology SA could reach $2,004.78 by 2030, based on analyst consensus, management guidance, and sector analysis.
What is Spotify Technology SA's revenue?
TTM revenue is $17.19B.
Piotroski F-Score?
4/9 — moderate financial health.
Altman Z-Score?
2.66 — grey zone.

Company info

SectorCOMMUNICATION SERVICES
IndustryINTERNET CONTENT & INFORMATION
CountryUSA
ExchangeNYSE
CurrencyUSD

Quick metrics

P/S ratio6.21x
ROE31.90%
Beta1.70
50D MA$500.17
200D MA$598.20
Shares out0.21B
Float0.16B
Short ratio
Avg volume2.1M

Performance

1 week-14.37%
1 month-5.63%
3 months-11.35%
YTD-23.62%
1 year
3 years
5 years