What are the price predictions for SPOT?

The price predictions for Spotify Technology (SPOT) vary, with analysts offering different perspectives based on current trends and financial metrics. 1. **Current Price Target**: The average of current price targets set by analysts is $788, which represents a premium over the current trading price of $626.54. This suggests that analysts see potential for growth from the current level. 2. **Analyst Sentiment**: Analysts have set price targets ranging from $840 to $900, indicating a general consensus that the stock has room to grow from a technical and fundamental analysis perspective. KeyBanc, for instance, has lowered its price target to $830, which is still above the current trading price, suggesting a positive long-term outlook. 3. **Market Conditions**: The broader market conditions and sector trends can impact SPOT's stock price. As of the latest data, the technical indicators show a strong sell signal, which could indicate a potential downward trend in the short term. However, this should be weighed against the company's strong user growth and potential for advertising revenue growth in the future. |code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code| |---|---|---|---|---|---|---|---|---| |SPOT|SPOT.N|Spotify Technology|20250731|695.1720|31.8509|15.2955|-18.5926|169| In conclusion, while the current price target and analyst sentiment suggest potential for growth, investors should consider the technical indicators and broader market conditions. The range of $840 to $900 could be seen as a reasonable expectation for Spotify's stock price in the medium to long term, assuming the company continues to grow its user base and improve its profitability. However, investors should monitor the company's performance closely, especially in light of recent earnings misses and challenges in achieving profitability.