SPOT - Spotify Technology S.A.

NYSE · Communication Services · Internet Content & Information

$482.00

Market Closed

End of day · Jun 12, 2026, 12:00 AM

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About

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg, Luxembourg.

https://www.spotify.com

SPOT - Spotify Technology S.A.

Communication Services

SPOT's chart from the past year is a bit of a rollercoaster. The stock touched highs above 760 back last summer, but since then there’s been a pretty steady trend down, with a couple jagged bounces that failed to hold. Lately it’s been scraping around the low 500s, even dipping under 430 at one point before recovering. To me, that says the momentum crowd bailed but there’s still a floor of buyers who see value. I’m leaning cautiously bullish here, targeting 590.00. That’s about 14 percent from today’s 516.71. Mostly, I think the pressure has been overdone. Podcasts are stabilizing, music margins are creeping up, and SPOT keeps rolling out price increases with surprisingly little churn. I don’t see it rocketing back to last year’s highs, but I do see room for a measured bounce as investors get more comfortable with its recurring revenue streams. Biggest risk is another guide down, whether from slower user growth or a miss on premium subs. SPOT has had a habit of talking up its long term potential but then stumbling on the near term numbers. If that happens again, it could mean more pain. I’d keep an eye on their next earnings call. If they show even incremental progress on profitability or signal another round of subscription hikes, I think the market will notice. But I wouldn’t back the truck up here. A starter position with space to add on dips makes more sense to me than going all in.

Entry

$516.71

Above

$590.00

Aug 7, 2026

Karma

122 to 17261

Bullish

Open

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