Spotify Technology S.A. ($SPOT) Stock Forecast: Up 5.5% Today

What is Spotify Technology S.A.?

Spotify (SPOT) closed at $487.51 after a bullish trading session.

Why is Spotify Technology S.A. going up?

SPOT stock is up 5.5% on Jan 22, 2025 14:40

• Spotify's stock (SPOT) showed a strong bullish movement despite underperforming other market trends.
• Speculation regarding Apple potentially acquiring Sonos may have positively affected Spotify's stock, with investors considering potential benefits in the music streaming sector.
• An analyst downgraded Spotify, causing initial concerns, but the overall bullish sentiment from large investors, reflected in options trading, likely offset this negativity.
• The market's optimism towards Spotify may be influenced by favorable attitudes towards technology and streaming services companies in the current market landscape.

SPOT Price Chart

SPOT Technical Analysis

SPOT News

Spotify ( SPOT ) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Spotify (SPOT) concluded the recent trading session at $487.51, signifying a +0.41% move from its prior day's close.

https://www.zacks.com/stock/news/2400836/spotify-spot-rises-yet-lags-behind-market-some-facts-worth-knowing

Tariffs past, present and future. With Doug Irwin.

What history tells us about the shape of tariffs to come ...

https://www.ft.com/content/bfac0b8f-5515-4db6-982c-617c3b293578

Could Cupertino Save Struggling Sonos? Speculation About Apple Bid Abounds Could Cupertino Save Struggling Sonos? Speculation About Apple Bid Abounds - Apple ( NASDAQ:AAPL ) , Amazon.com ( NASDAQ:AMZN )

Most speculation on a Sonos suitor focuses on Apple. Amazon, Samsung, Roku, and Spotify could also be in the mix. Get Wall Street's Hottest Chart Every Morning Sonos Inc. SONO is grappling with the most severe crisis in its history in the aftermath of a catastrophic software rollout last year.

https://www.benzinga.com/25/01/43076734/could-cupertino-save-struggling-sonos-speculation-about-apple-bid-abounds

This Spotify Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday - JetBlue Airways ( NASDAQ:JBLU ) , Charles River ( NYSE:CRL )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Wolfe Research analyst Devin Brisco downgraded the rating for Spotify Technology SA SPOT from ...

https://www.benzinga.com/25/01/43055091/this-spotify-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-friday

Spotify Technology's Options: A Look at What the Big Money is Thinking - Spotify Technology ( NYSE:SPOT )

Deep-pocketed investors have adopted a bullish approach towards Spotify Technology SPOT, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/01/43032237/spotify-technologys-options-a-look-at-what-the-big-money-is-thinking

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Spotify Technology S.A. Price History

07.10.2024 - SPOT Stock was up 5.9%

• Unusual bearish options activity was noted, but Spotify's stock showed a strong bullish movement recently.
• Over the last 5 years, Spotify has outperformed the market by 7.88% annually, potentially boosting investor confidence and interest.
• There was a slight decline in Spotify's stock price despite a generally positive market trend, which might indicate a minor correction or profit-taking after a growth phase.

15.10.2024 - SPOT Stock was down 5.0%

• SPOT stock experienced a strong bearish movement despite positive news and a post-earnings rally.
• The drop in SPOT stock could be attributed to profit-taking by investors after a significant price increase following the Q3 results.
• The Power Inflow alert and better-than-expected earnings might have initially boosted the stock, but market dynamics and investor sentiment likely led to the bearish movement.
• Investors may be reassessing their positions in SPOT amid market volatility and broader economic uncertainties, contributing to the downward trend despite recent positive developments.

13.10.2024 - SPOT Stock was up 9.8%

• Despite missing EPS and revenue estimates in Q3, Spotify's stock experienced a bullish movement, showcasing resilience in the market.
• The post-election euphoria dissipating might have led to a more cautious outlook on growth companies, but Spotify managed to defy this trend.
• Analysts downgrading other companies like Doximity, Inc. and Caterpillar could have shifted investor focus towards Spotify's potential for future growth.
• Investors might be optimistic about Spotify's long-term prospects, looking beyond the quarterly numbers and focusing on the company's strategic initiatives and market position.

13.10.2024 - SPOT Stock was up 11.9%

• Following a strong bullish movement, Spotify's stock responded well to its third-quarter earnings report, showing robust revenue growth.
• Macquarie Equity Research increased their price target for Spotify from $395 to $500, reflecting confidence in the company's performance and future prospects.
• Deep-pocketed investors were noted for their bullish options activity on Spotify, contributing to the positive momentum of the stock.
• Despite slightly missing quarterly earnings estimates, Spotify continues to garner optimistic market sentiment, leading to an increase in its stock price.

13.10.2024 - SPOT Stock was up 12.3%

• Spotify's stock experienced a strong bullish movement following the upbeat third-quarter earnings report.
• The increase in price target from $395 to $500 by an analyst contributed to the positive sentiment surrounding the stock.
• Despite reporting slightly lower than expected quarterly earnings, the overall outlook for Spotify seems positive, with analysts increasing their forecasts for the company.
• The unusual options activity and bullish stance adopted by deep-pocketed investors further fueled the upward momentum in Spotify's stock price.

19.08.2024 - SPOT Stock was up 5.0%

• SPOT stock has surged 83% year to date, indicating strong investor interest in the music-streaming sector.
• The positive market movement could be attributed to increasing user subscriptions and engagement on the platform.
• The mention of Spotify alongside other notable companies reflects the growing recognition of SPOT's performance and potential in the market.
• Overall, the bullish trend in SPOT may be driven by a combination of strong financial performance and positive market sentiment towards the music-streaming industry.

19.08.2024 - SPOT Stock was up 5.1%

• Spotify's bullish movement could be attributed to positive analyst coverage and inclusion in the Zacks Analyst Blog, potentially boosting investor confidence.
• The mention of Spotify alongside other companies in the Analyst Blog may have increased visibility and interest in the stock, leading to increased buying pressure.
• This positive news surrounding Spotify may have overshadowed any negative market factors, contributing to the strong bullish movement in SPOT's stock price today.

22.00.2025 - SPOT Stock was up 5.5%

• Spotify's stock (SPOT) showed a strong bullish movement despite underperforming other market trends.
• Speculation regarding Apple potentially acquiring Sonos may have positively affected Spotify's stock, with investors considering potential benefits in the music streaming sector.
• An analyst downgraded Spotify, causing initial concerns, but the overall bullish sentiment from large investors, reflected in options trading, likely offset this negativity.
• The market's optimism towards Spotify may be influenced by favorable attitudes towards technology and streaming services companies in the current market landscape.

18.11.2024 - SPOT Stock was down 5.5%

• Despite optimism from JPMorgan on tech leaders like Spotify, the stock faced a bearish trend today.
• Analysts' overly optimistic recommendations did not prevent the bearish movement in Spotify's stock.
• The historical outperformance of Spotify over the past 5 years did not shield it from the bearish market movement today.
• Bullish options activity observed in Spotify did not translate into a positive price movement, indicating other market factors at play in the bearish movement.

14.10.2024 - SPOT Stock was up 6.1%

• Spotify's stock experienced a strong bullish movement today, climbing over 5% during the trading session.
• The positive market movement can be attributed to Spotify reporting better-than-expected third-quarter earnings, with revenue surpassing estimates.
• Analysts are bullish on Spotify's future prospects, with a price target increase from $395 to $500.
• The unusual options activity on Spotify indicates that deep-pocketed investors are adopting a bullish approach towards the company, further boosting investor confidence in the stock.

15.00.2025 - SPOT Stock was up 5.1%

• Spotify's stock experienced a significant bullish trend after an increased price target of $550 by Goldman Sachs, citing the company's market leadership and expected margin enhancements post-2023 restructuring.
• The market responded favorably to the revised forecast, indicating investor belief in Spotify's potential growth within the creator economy.
• Although there was a minor decline in the stock price by the end of the trading day, the general sentiment remains positive, influenced by the optimistic projections outlined by Goldman Sachs.

05.07.2024 - SPOT Stock was up 5.6%

• A surge in options activity with a bullish stance indicates a positive sentiment towards Spotify among investors, potentially driving the stock price higher.
• Solid earnings estimate revisions and the anticipation of a surge in Spotify's shares suggest a favorable outlook for the company, contributing to the bullish movement.
• Despite the mixed Q2 performance, the stock's impressive year-to-date gain of 75.1% showcases strong investor confidence in Spotify's long-term growth prospects, further supporting the bullish market movement.
• The stagnant stock price post Q2 results, despite strong earnings, might have created a buying opportunity for investors looking to capitalize on Spotify's growth potential, leading to increased buying interest and driving the bullish movement.