Spotify Technology S.A. Price & Performance (SPOT)

Spotify shares have surged over 90% in the past year, making it one of the top performers in the streaming sector. Despite this, some analysts have trimmed price targets, citing concerns over valuation and foreign exchange impacts. Still, robust subscriber growth and improved financial health support a positive outlook ahead of the April 29 earnings report.123

Spotify achieved its first full year of operating profitability in 2024, fueled by cost controls, strategic pricing, and expansion into podcasts and audiobooks. The company’s ad-supported revenue also hit a record, and management is focused on accelerating new features in 2025. Investors are watching closely for sustained momentum in its upcoming earnings.45

Spotify’s stock price is trading above key moving averages, with technical indicators pointing to continued upward momentum. Analysts forecast earnings and revenue growth, further supported by the company’s strong market position and user base. Despite some volatility, current technical and fundamental analysis favor a bullish stance for investors.67