StreetInsider.com News Articles

Rosenblatt Previews Spotify (SPOT) Earnings

Tue, 20 Oct 2026 06:51:55 -0400

Rosenblatt analyst Barton Crockett reiterated a Neutral rating and $527.00 price target on Spotify (NYSE: SPOT).

The analyst comments "Spotify's 3Q26 earnings report pre-open Thurs., Oct. 22 we assume will be close to in line. The company's average variance versus its next-quarter revenue guidance has been 0.0% for the last 6 quarters (ranging from +1.7% to -2.5%). The average variance versus next quarter premium subs has been 1M (ranging from +3M to 0). The variance in monthly active users has averaged 1M over this period (with a range of +7M to -8M). Operating income variance has historically been larger, driven by

Rosenblatt Previews Spotify (SPOT) Earnings

Tue, 20 Oct 2026 06:51:55 -0400

Rosenblatt analyst Barton Crockett reiterated a Neutral rating and $527.00 price target on Spotify (NYSE: SPOT).

Spotify (SPOT) PT Raised to $620 at Jefferies, 'We are favorable on SPOT's Q3 set-up'

Tue, 20 Oct 2026 03:52:53 -0400

Jefferies analyst James Heaney raised the price target on Spotify (NYSE: SPOT) to $620.00 (from $600.00) while maintaining a Buy rating.

The analyst comments "We are favorable on SPOT's Q3 set-up, as peaking opex growth, advertising rev growth improvement, and a likely AI product launch in the next few months should be positives for the stock. In our view, investors are looking for Q3 gross margin of ~33.1% (vs. guide 32.9%) with a Q4 guide of 33.7%, which is below the street's 33.9%. We reiterate our Buy rating and raise our PT to $620, which implies 26x our FY27 FCF (vs.

Spotify (SPOT) PT Raised to $620 at Jefferies, 'We are favorable on SPOT's Q3 set-up'

Tue, 20 Oct 2026 03:52:53 -0400

Jefferies analyst James Heaney raised the price target on Spotify (NYSE: SPOT) to $620.00 (from $600.00) while maintaining a Buy rating.

Bernstein SocGen Group Reiterates Outperform Rating on Spotify (SPOT)

Mon, 19 Oct 2026 08:39:23 -0400

Bernstein SocGen Group analyst Ian Moore reiterated an Outperform rating and $625.00 price target on Spotify (NYSE: SPOT).

The analyst commented: "Closing out an investment year, gearing up to harvest; Spotify reports Q3 results & guides Q4 this Thursday. With the launch of Meta’s Muse last month, the agentic AI debate is no longer a distant technological question. While Spotify’s durable engagement and growing set of monetizable products & content offerings point to a strong 2027 setup, we expect investors to remain laser-focused on top-of-funnel signals nearterm. Content investment continues to build into year-end. Spotify is expanding its Spotify Partner Program

StoneX cuts Spotify to Hold on margin pressure, label costs

Thu, 15 Oct 2026 08:21:38 -0400

Investing.com -- StoneX analyst Mark Zgutowicz downgraded Spotify to Hold from Buy in a new note to clients, citing limited catalysts for revenue per user over the next year alongside rising payments to record labels.

The shares are down 0.8% premarket on Thursday.

Zgutowicz told investors that he remains strongly convinced of Spotify’s long-term network effects but sees difficult financial optics over the coming 12 months.

He pointed to ongoing step-ups in per-subscriber minimums with major labels, which raise royalty costs on plans where those minimums bind, including discounted plans.

“We believe PSMs implemented over the past couple years have largely

StoneX cuts Spotify to Hold on margin pressure, label costs

Thu, 15 Oct 2026 08:21:38 -0400

The shares are down 0.8% premarket on Thursday.

Zgutowicz told investors that he remains strongly convinced of Spotify’s long-term network effects but sees difficult financial optics over the coming 12 months.

He pointed to ongoing step-ups in per-subscriber minimums with major labels, which raise royalty costs on plans where those minimums bind, including discounted plans.

“We believe PSMs implemented over the past couple years have largely

IndeRes Downgrades Spotify (SPOT) to Accumulate (2)

Thu, 15 Oct 2026 07:05:06 -0400

IndeRes analyst Chrisoffer Jennel downgraded Spotify (NYSE: SPOT) from Buy (1) to Accumulate (2) with a price target of $580.00 (from $570.00).

The analyst comments "Spotify will report its Q3 results on October 23. We expect continued top-line momentum driven by steady user growth and Premium ARPU expansion, while profitability still reflects the guided step-up in operating expenses. In our view, the key watchpoints are whether subscriber growth holds up despite the added friction in the free tier, whether the ad business is finally re-accelerating, and whether the Q4 guidance confirms the expected cost moderation and a return to margin expansion.

IndeRes Downgrades Spotify (SPOT) to Accumulate (2)

Thu, 15 Oct 2026 07:05:06 -0400

IndeRes analyst Chrisoffer Jennel downgraded Spotify (NYSE: SPOT) from Buy (1) to Accumulate (2) with a price target of $580.00 (from $570.00).

IndeRes Downgrades Spotify (SPOT) to Accumulate (2)

Thu, 15 Oct 2026 07:05:06 -0400

IndeRes analyst Chrisoffer Jennel downgraded Spotify (NYSE: SPOT) from Buy (1) to Accumulate (2) with a price target of $580.00 (from $570.00).

IndeRes Downgrades Spotify (SPOT) to Accumulate (2)

Thu, 15 Oct 2026 07:05:06 -0400

IndeRes analyst Chrisoffer Jennel downgraded Spotify (NYSE: SPOT) from Buy (1) to Accumulate (2) with a price target of $580.00 (from $570.00).

Form 4 Spotify Technology S.A. For: Oct 12 Filed by: Soderstrom Gustav

Wed, 14 Oct 2026 16:15:00 -0400

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StoneX Downgrades Spotify (SPOT) to Hold

Wed, 14 Oct 2026 16:07:32 -0400

StoneX analyst Mark Zgutowicz downgraded Spotify (NYSE: SPOT) from Buy to Hold.

For an analyst ratings summary and ratings history on Spotify click here. For more ratings news on Spotify click here.

Shares of Spotify closed at $527.45 yesterday.

Spotify (SPOT) Reiterated at Market Outperform by Citizens - '2027 Could Represent Inflection Point'

Tue, 13 Oct 2026 04:59:32 -0400

Citizens analyst Matthew Condon reiterated a Market Outperform rating and $625.00 price target on Spotify (NYSE: SPOT).

The analyst commented, "We believe 2027 could represent an inflection point for Spotify, as pricing and new product monetization could drive accelerating revenue growth while operating expense growth decelerates following a year of elevated investment, creating a path to meaningful earnings upside. 2026 has been an investment year, with Spotify spending behind the development and marketing of new AI-powered products, including what management characterized as ~€200M of temporary operating expenses. As these investments begin to roll off in 2027, we expect operating expense growth

Spotify secures $250 million renewal with Joe Rogan, WSJ reports

Thu, 08 Oct 2026 08:25:36 -0400

Investing.com -- Spotify has secured a new multiyear licensing and ad-sales deal with Joe Rogan worth an estimated $250 million, according to a report by The Wall Street Journal. The agreement cements the streaming giant’s grip on the world’s most-listened-to podcast.

With 300 million premium subscribers, Spotify remains the primary publicly traded beneficiary of the partnership. Rogan’s show drives what the company calls a measurable "halo effect," pulling listeners toward guests’ music, audiobooks, and other podcasts hosted on the platform. This cross-pollination directly supports both subscription retention and advertising revenue.

"The Joe Rogan Experience" reached approximately 28.4 million Americans

Spotify Renews Rogan Podcast Deal On Similar Terms To 2024 - WSJ

Thu, 08 Oct 2026 08:04:49 -0400

(Updated - October 8, 2026 8:04 AM EDT)

Spotify Renews Rogan Podcast Deal On Similar Terms To 2024 - WSJ

Spotify, Rogan Terms Similar To $250M Deal From Early 2024
Spotify Renews Joe Rogan Podcast For Multiyear Deal

Spotify Renews Rogan Podcast Deal On Similar Terms To 2024 - WSJ

Thu, 08 Oct 2026 08:04:49 -0400

(Updated - October 8, 2026 8:04 AM EDT)

Spotify Renews Rogan Podcast Deal On Similar Terms To 2024 - WSJ

Spotify, Rogan Terms Similar To $250M Deal From Early 2024
Spotify Renews Joe Rogan Podcast For Multiyear Deal

KeyBanc Reiterates Overweight Rating on Spotify (SPOT)

Thu, 08 Oct 2026 07:06:52 -0400

KeyBanc analyst Justin Patterson reiterated an Overweight rating and $660.00 price target on Spotify (NYSE: SPOT).

The analyst commented: "It Was Audiobooks All Along - Framing the GM Trajectory; Spotify's Audiobooks expansion should alleviate some concern around NT GM % drivers and shift focus back to multi-year margin expansion. Based on our estimates of markets covered, timing, and incremental margins, we believe this could drive ~2.5-3% gross profit upside and 6-7% operating income upside vs. 2027E consensus. Collectively, we believe the combination of GM% clarity and an ongoing product cycle into 2027E create a compelling risk/reward. We maintain our $660 PT

Piper Sandler Starts Spotify (SPOT) at Neutral

Thu, 08 Oct 2026 03:54:30 -0400

Piper Sandler analyst Matt Farrell initiates coverage on Spotify (NYSE: SPOT) with a Neutral rating and a price target of $540.00.

The analyst comments: “We initiate on SPOT with a Neutral rating and $540 PT. Spotify is a leading global audio streaming provider in a large market, with digital tailwinds. However, they’re rebuilding the ads business which may take time. Street margin expectations are likely beatable, though the mix of premium revenue growth from subs could be closer to ~60% going forward from near-100% ’20-’25. The note includes work around SPOT CPMs and Pixel Assistant users (our DR advertiser proxy). We’re

Piper Sandler Starts Spotify (SPOT) at Neutral

Thu, 08 Oct 2026 03:54:30 -0400

Piper Sandler analyst Matt Farrell initiates coverage on Spotify (NYSE: SPOT) with a Neutral rating and a price target of $540.00.

Form 4 Spotify Technology S.A. For: Oct 01 Filed by: Giraldo John P

Mon, 05 Oct 2026 16:43:00 -0400

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Form 4 Spotify Technology S.A. For: Oct 01 Filed by: Luiga Christian

Mon, 05 Oct 2026 16:41:00 -0400

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Form 4 Spotify Technology S.A. For: Oct 01 Filed by: Lundstrom Anna

Mon, 05 Oct 2026 16:38:00 -0400

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Form 4 Spotify Technology S.A. For: Oct 01 Filed by: Norstrom Alex

Mon, 05 Oct 2026 16:36:00 -0400

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Form 4 Spotify Technology S.A. For: Oct 01 Filed by: Soderstrom Gustav

Mon, 05 Oct 2026 16:33:00 -0400

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