Spotify (SPOT)
Communication Services · digital audio streaming and music media · NYSE
Spotify is the world’s most popular audio streaming platform, transforming the music and podcast industries through a data-rich, subscription-based marketplace for creators and listeners.
What Spotify does
Spotify is the world’s leading audio streaming subscription service, providing access to music, podcasts, and audiobooks to hundreds of millions of users globally. The company operates through a two-sided marketplace model that offers both Premium ad-free subscription services and an ad-supported free tier. It generates revenue by connecting content creators with a massive global listener base through data-driven discovery and personalized content tools.
Recent developments
Heidi O’Neill resigned from the company’s Board of Directors effective September 3, 2026.
From Spotify's filing of 2026-09-03.
Themes: music streaming, podcasting, audiobooks, subscription economy, digital advertising, creator marketplace
Fundamentals
- Price$526.42 as of 2026-10-08 close
- Market cap$101.8B date unknown (no dated share count)
- 1-year return-22.0% 2025-10-08 close $674.75 → 2026-10-08 close $526.42
- P/E26.43 as of 2026-09-02
- Net margin+12.9% FY2025, SEC XBRL
- Gross margin+32.0% FY2025, SEC XBRL
- Debt / equity0.06 as of 2026-09-02
- Revenue growth (YoY)+9.0% as of 2026-09-02
- Revenue CAGR (3y)+13.6% SEC XBRL
- Beta0.90 as of 2026-09-02
- Last reported earningsn/a no confirmed date — as a foreign private issuer it reports on Form 6-K, which carries no earnings item code
How SPOT compares in its sector
- price-to-earnings ratiomiddle range 69 covered Communication Services peers, as of 2026-09-02
- net profit margintop 25% 127 covered Communication Services peers, as of 2026-09-02
- operating marginmiddle range 123 covered Communication Services peers, as of 2026-09-02
- gross marginbottom 10% 25 covered Communication Services peers, as of 2026-09-02
- 3-year revenue CAGRtop 25% 123 covered Communication Services peers
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
SPOT is not currently in any published Top 10 list. Its scores are below.
Top 10 score
50.4 #706 of 1,379 scored · #26 of 55 in Communication Services
Financial health 76th (debt to equity 0.1, free cash flow margin 16.7%) and growth 61st (3-year revenue CAGR 13.6%, revenue growth year over year 9%); weakest is capital return (18th, consecutive years of dividend increases 0 years).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
How Spotify looks technically
Spotify (SPOT) is trading 5.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 19 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 56, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 5 trading days ago. It is 27.1% below its highest point of the past year.
Trend
9
| Distance from the 200-day | it is trading 5.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +5.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $516.45 | $516.45 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $500.99 | $500.99 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 22 calendar days ago — the swings before that are what the structure reading is measured on | 22 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 564.89. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 19 trading days ago — a "golden cross", a bullish long-term signal | 19 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 5.1% above | +5.1% |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 21.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 56, neither overbought (above 70) nor oversold (below 30) | 55.8 |
|---|---|---|
| Position in its 14-day range | it is trading right at the top of its 14-day range ($470.25 to $528.35) — its "stochastic" reading is 97 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 96.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $721.67 | $721.67 |
|---|---|---|
| From the 52-week high | it is 27.1% below its 52-week high (its highest price of the past year) | -27.1% |
| Above the 52-week low | it is 30.0% above its 52-week low (its lowest price of the past year) | +30.0% |
| Below the 52-week high | it is 27.1% below its highest point of the past year | 27.1% |
| Since a 20-day breakout | it made a new 20-day low about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day high about 25 trading days ago | 25 sessions |
| All-time high | its highest closing price on record is $785.00 (set on 2025-06-27) | $785.00 |
| Given back of the 52-week move | over the past year its closes ranged ($412.75 to $707.30), and it has recovered roughly a third of its fall from last year’s high — 39% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $594.78 to $604.21. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 38.6% |
| From the all-time high | it is 32.9% below its all-time high | -32.9% |
| Nearest price level | it is trading 0.5% above a support level at $523.77 — a price it turned at three times since 2026-01-26, most recently on 2026-08-27. Since 2024-10-08 it has 6 such levels below the current price and 8 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.5% |
| All-time low | its lowest closing price on record is $69.28 (set on 2022-11-04) | $69.28 |
| Above the all-time low | it is 659.8% above its all-time low | +659.8% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 56th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $18.02 between its high and its low — about 3.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $18.02 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $465.20 and $557.72 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $465.20 – $511.46 – $557.72 |
| Typical daily range (% of price) | its price moves about 3.4% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.4% |
| Stretch from the 200-day average | it is trading 1.4 daily ranges above its 200-day average price (5.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.4 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.13× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 1.6% since the prior reading | -1.6% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has softened toward "sell" since the prior reading | 0.01 toward sell |
Candlestick patterns
1
| Since a doji | 9 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 9 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-10-08 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.3% |
|---|---|---|
| Gap filled | a 2.8% gap up opened on 2026-09-14 has been "filled" 14 sessions ago — price traded back through the level the gap left behind, and it took 4 sessions to close | 14 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 4 sessions in a row, a +11.32% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 4 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 1.5 percentage points (the stock lost 0.4% while the market gained 1.0%) | -1.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 4.7 percentage points (the stock gained 8.5% while the market gained 3.8%) | +4.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 8.8 percentage points (the stock gained 8.7% while the market gained 17.5%) | -8.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 37.0 percentage points (the stock lost 22.0% while the market gained 15.0%) | -37.0% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.5% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 5.1% of the share price. | +0.5% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 7% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $490.30 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | +7.4% |
|---|
Rising wedge, bearish — broke down · entry $527.06 · 73 sessions in
Price levels it has turned at before
SPOT last closed at $526.42 on 2026-10-08. Since 2024-10-08 it has turned at 6 prices below its last close and 8 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $523.77 | Support | 0.5% below the last close | turned there three times · 2026-01-26 to 2026-08-27 |
| $544.17 | Resistance | 3.4% above the last close | turned there three times · 2025-04-29 to 2026-04-16 |
| $506.38 | Support | 3.8% below the last close | turned there three times · 2024-12-04 to 2026-09-10 |
| $488.21 | Support | 7.3% below the last close | turned there three times · 2024-11-14 to 2026-01-22 |
| $566.33 | Resistance | 7.6% above the last close | turned there four times · 2025-11-24 to 2026-09-16 |
| $604.78 | Resistance | 14.9% above the last close | turned there three times · 2025-05-12 to 2026-01-05 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $564.89.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 12 trading days, since 2026-09-23.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Recent golden cross (50-day crossed above 200-day) · Tested and reclaimed 200-day support · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · Analyst price target recently CUT | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.56 mean, 1=Strong Buy…5=Strong Sell) — 37 analysts
- Mean price target$591.97 range $408.75 – $700.71; median $603.39
Analyst estimates, as of 2026-10-05. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for SPOT
- Consensus EPS estimate€2.85 next reporting period, as of 2026-10-05
- Estimate change, 30 days-€0.01158 (-0.4%) from €2.86, on 2026-08-31, 35-day window
- Readings revised upward0% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["dependence on third-party content providers and licensing agreements with major record labels","potential for lower-than-anticipated growth in premium subscriber base or advertising demand","exposure to global currency fluctuations and varied regulatory environments across 184 markets"]
Insider activity (SEC Form 4)
0 open-market purchases and 33 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 12 sells ($11M) — 1 selling insider
- Last 90 days · read to 2026-10-040 buys · 33 sells ($27M) — 3 selling insiders
- Last 180 days · read to 2026-10-040 buys · 62 sells ($86M) — 6 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-14. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SPOT's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
U.S. House trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 14 matched disclosures for SPOT from U.S. House Clerk Periodic Transaction Report filings.
U.S. House trading disclosures →Short interest (FINRA)
SPOT had 4,522,956 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for SPOT because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 4,522,956
- Prior settlement (shares) 6,121,444
- Reported change -26.11%
- Days to cover (reported) 3.22
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Apple Music (AAPL)
- Amazon Music (AMZN)
- YouTube Music (GOOGL)
- SiriusXM (SIRI)
- Tencent Music (TME)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare SPOT vs…
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Frequently asked questions
What does Spotify (SPOT) do?
Spotify is the world’s leading audio streaming subscription service, providing access to music, podcasts, and audiobooks to hundreds of millions of users globally. The company operates through a two-sided marketplace model that offers both Premium ad-free subscription services and an ad-supported free tier. It generates revenue by connecting content creators with a massive global listener base through data-driven discovery and personalized content tools.
What sector is Spotify (SPOT) in?
Spotify (SPOT) is classified in the Communication Services sector. Its industry is digital audio streaming and music media. It trades on NYSE.
Who are Spotify's (SPOT) competitors?
Notable peers of Spotify (SPOT) include Apple Music, Amazon Music, YouTube Music, SiriusXM and Tencent Music. This peer set is informational only — not financial advice.
Has there been recent U.S. House stock trading in SPOT?
Yes — we hold 14 matched STOCK Act disclosures for SPOT from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Spotify (SPOT) overbought or oversold right now?
Spotify (SPOT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 56, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SPOT come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.