When will Spotify reach $500? Spotify Stock Forecast 2025 2030 2040 2050 2060

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Spotify Stock Forecast – Today we are going to discuss about Spotify Technologies (SPOT), located in the Sweden, which initially focused on music listening, revolutionized the industry when it launched in 2008. The company has since expanded into podcasting and, more recently, audiobooks.

If you are considering investing in SPOT stock for the long term, it is important to analyze its potential growth and performance. Our SPOT’s Stock Forecast is based on a deep technical analysis and past performance of SPOT’s Stock to help you make an informed decision.

To begin with, it is essential to understand SPOT’s business model and financial data. Once you have a clear understanding of the company’s operations and financial strength, you can determine whether SPOT’s stock is a good buy or not.

Our SPOT’s Stock Price Forecast covers the stock’s potential growth and performance for the years 2024, 2025, 2030, and 2040 to help you make an informed investment decision.

About Spotify

Spotify is a Swedish audio streaming and media service provider that was founded in 2006 by Daniel Ek and Martin Lorentzon.

Their platform, which initially focused on music listening, revolutionized the industry when it launched in 2008. The company has since expanded into podcasting and, more recently, audiobooks.

Spotify Technology S.A. and its subsidiaries offer audio streaming subscription services to users worldwide. The company operates through two segments: Premium and Ad-Supported.

  • The Premium segment provides subscribers with unlimited online and offline streaming access to Spotify’s complete catalog of music and podcasts without commercial interruptions. This segment sells directly to end-users.
  • The Ad-Supported segment offers on-demand online access to Spotify’s catalog of music and podcasts to users on their computers, tablets, and compatible mobile devices. Users can access unlimited online podcasts and music without having to pay for them.

Spotify also provides a range of support services, including sales, distribution and marketing, contract research and development, and customer support.

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Financial Overview of Spotify (SPOT)

Company ParametersValues
Stock NameSpotify Technology
Stock ExchangeNYSE
IndustryInternet Content & Information
SectorCommunication Services
Market Cap52.85B
Revenue (ttm)14.72B
Net Income (ttm)-591.11M
Shares Out194.13M
EPS (ttm)-2.91
PE Ration/a
Forward PE96.15
Dividendn/a
Ex-Dividend Daten/a
Volume5,465,734
Open280.97
Previous Close275.83
Day’s Range267.76 – 280.52
52-Week Range128.67 – 313.16
Beta1.65
AnalystsBuy
Price Target270.44 (-0.66%)
Earnings DateApr 23, 2024
Official WebsiteSpotify Technologies

Stock Price Chart of Spotify (SPOT)

Spotify Technologies SPOT Stock Price Chart
@Courtesy Yahoo Finance

Spotify (SPOT) Revenue Details

Spotify SPOT Revenue Details

Spotify (SPOT) Revenue Chart

Spotify Technologies SPOT Revenue History

Spotify SPOT Stock Forecast 2025 (2024-2060)

YearAvg Target PriceMin Target PriceMax Target Price
2024$266.825$206.8$326.85
2025$331.1$222.64$439.56
2026$443.655$342.67$544.64
2027$510.095$394.72$625.47
2028$575.34$422.88$727.8
2029$665.06$480.22$849.9
2030$720.2$520.22$920.18
2035$789.875$590.4$989.35
2040$902.025$725.6$1078.45
2050$1242.85$995.9$1489.8
2060will updatewill updatewill update

Spotify SPOT Stock Forecast 2024

Here is the Spotify Technologies SPOT Stock Price Prediction for 2024 –

YearAvg Target PriceMin Target PriceMax Target Price
2024$266.825$206.80$326.85

Spotify SPOT Stock Forecast 2025

Here is the Spotify Technologies SPOT Stock Price Prediction for 2025 –

YearAvg Target PriceMin Target PriceMax Target Price
2025$331.10$222.64$439.56

Spotify SPOT Stock Forecast 2026

Here is the Spotify Technologies SPOT Stock Price Prediction for 2026 –

YearAvg Target PriceMin Target PriceMax Target Price
2026$443.655$342.67$544.64

Spotify SPOT Stock Forecast 2027

Here is the Spotify Technologies SPOT Stock Price Prediction for 2027 –

YearAvg Target PriceMin Target PriceMax Target Price
2027$510.095$394.72$625.47

Spotify SPOT Stock Forecast 2028

Here is the Spotify Technologies SPOT Stock Price Prediction for 2028 –

YearAvg Target PriceMin Target PriceMax Target Price
2028$575.34$422.88$727.8

Spotify SPOT Stock Forecast 2029

Here is the Spotify Technologies SPOT Stock Price Prediction for 2029 –

YearAvg Target PriceMin Target PriceMax Target Price
2029$665.06$480.22$849.9

Spotify SPOT Stock Forecast 2030

Here is the Spotify Technologies SPOT Stock Price Prediction for 2030 –

YearAvg Target PriceMin Target PriceMax Target Price
2030$720.2$520.22$920.18

Spotify SPOT Stock Forecast 2035

Here is the Spotify Technologies SPOT Stock Price Prediction for 2035 –

YearAvg Target PriceMin Target PriceMax Target Price
2035$789.875$590.4$989.35

Spotify SPOT Stock Forecast 2040

Here is the Spotify Technologies SPOT Stock Price Prediction for 2040 –

YearAvg Target PriceMin Target PriceMax Target Price
2040$902.025$725.6$1078.45

Spotify SPOT Stock Forecast 2045

Here is the Spotify Technologies SPOT Stock Price Prediction for 2045 –

YearAvg Target PriceMin Target PriceMax Target Price
2045$990.85$820.8$1160.9

Spotify SPOT Stock Forecast 2050

Here is the Spotify Technologies SPOT Stock Price Prediction for 2050 –

YearAvg Target PriceMin Target PriceMax Target Price
2050$1242.85$995.9$1489.8

Spotify SPOT Stock Forecast 2060

Here is the Spotify Technologies SPOT Stock Price Prediction for 2060 – will update soon.

Who are the competitors of Spotify Technologies (SPOT)?

Here are the list of global competitors of Spotify Technologies –

  1. Amazon Music
  2. Apple Music
  3. Pandora
  4. YouTube Music
  5. Tidal
  6. Jio Saavn
  7. SoundCloud
  8. Deezer
  9. Napster

Videos Related to Spotify SPOT Stock Forecast

Conclusion

We hope you will like the information given by us. And if you want more information related to stock prediction. You can read our article and stay with us so that you can know the prediction of more stocks in the future.

Also, do your due diligence and comment to us, whether you will invest in this stock or not. Till then Happy Investing.

Spotify Stock Forecast 2025 FAQs

What is the current stock Price of SPOT?

As of 23rd Apr 2024 before opening of stock price of Spotify is $272.24.

What is the current market cap of SPOT Inc. (SPOT)?

As of 23rd Apr 2024 before opening of market cap of Spotify is $52.85B

What is the current revenue of SPOT Inc. (SPOT)?

As of 23rd Apr 2024 before opening of revenue of Spotify is $14.72B

What will Spotify stock price be in next 1 year?

The Spotify stock price would be –

YearAvg Target PriceMin Target PriceMax Target Price
2025$331.10$222.64$439.56

What will Spotify stock price be in 2030?

Spotify stock price in 2030 would approximately –

YearAvg Target PriceMin Target PriceMax Target Price
2030$720.2$520.22$920.18

Is Spotify a good investment?

Spotify’s commitment to enhancing its profitability on the basis of gross margin and operating income beginning in 2023 has received a positive response from analysts. As a result, the audio company’s stock has surged by over 100% in the last year and is currently up by 43% year to date.

We can consider it for medium to long term horizon. Word of caution, Before making any investment decisions, it is important to carry out comprehensive research on any company, as investing in the stock market comes with inherent risks.

Who is the CEO of Spotify?

Spotify Technologies’ CEO is Daniel Ek, who played a crucial role in founding and expanding the company. His estimated net worth as of January 2024 is $3.6 billion.

What are the risks and challenges associated with investing in Spotify Technologies?

Below are the high risk and challenges associated with Spotify Technologies –

  1. Competition from Tech Giants
  2. Profitability Challenges
  3. Royalty Commitments and Costs
  4. Investment in New Features and Expansion
  5. Market Volatility and Rate Expectations

What are the growth opportunities with Spotify Technologies?

Below are the high level growth opportunities with Spotify Technologies –

  1. Integration with Smart Devices and Voice Assistants
  2. Augmented Reality Experiences
  3. User-Generated Content
  4. Live Content Integration
  5. Enhanced Artist Collaboration
  6. Enhanced Artist Collaboration

Disclaimer

This article contains information that may be useful for those interested in the stock market. However, it is important to note that we do not provide recommendations to buy or sell any stocks. Investing in the stock market carries inherent risks, so it is crucial to conduct thorough research on any company before making any investment decisions.