![]() Given the massive sums involved with these and other plays (as well as the seemingly slow listenership growth that some podcasts are recording), it’ll be interesting to see how many of Spotify’s more than 365 million monthly active users interact with podcasts during Q3 2021. (SPOT) Analyst Forecast 153.05 +37.35 240.00 +115.38 110.00 -1.28 Current Price 111.43 52-week High 305.60. dropped their price target on shares of Spotify Technology from 150.00. The Spotify Technology SA stock price fell by -3.41 on the last day (Wednesday, 5th Oct 2022) from 94.63 to 91.40. On the latter fronts, Spotify has continued to make substantial investments in podcasting – including inking a deal with the WWE and a multimillion-dollar contract with Call Her Daddy host Alex Cooper this summer. A number of analysts have commented on SPOT shares. “The value lies in the machine learning that drives discovery and engagement, the original content from people like Michelle Obama, Kim Kardashian, and Joe Rogan, the data analytics and distribution for artists,” Guardian Fund execs said. “In our view, this makes risk/reward in compelling.” Notwithstanding the stock-price falloff that 2021 has brought for Spotify, certain other investors have also maintained that SPOT is poised to enjoy considerable growth in the coming months and years.īack in February, for instance, Amsterdam-headquartered The Guardian Fund predicted that SPOT will be worth a full five times more by 2030 – or north of $1,750 per share based upon the stock’s price at the time of the optimistic forecast. ![]() On average, Wall Street analysts predict that Spotify 's share price could reach 172.95 by Sep 7, 2023. changes and price drops for Spotify Technology Historical stock prices Current Share Price: US91.40: 52 Week High: US305.60: 52 Week Low: US85.92. According to 19 Wall Street analyst s that have issued a 1 year SPOT price target, the average SPOT price target is 172.95, with the highest SPOT stock price forecast at 300.00 and the lowest SPOT stock price forecast at 95.00. Earnings are forecast to grow 80.48 per year. ![]() ![]() Research Spotify Technology (SPOT) stock with daily updated analysis. “When coupled with favorable app trends and a more solid competitive position, we believe Street 2022-2023 revenue and gross profit forecasts appear too conservative,” Patterson indicated. Research Spotify Technology (SPOT) stock with daily updated analysis.
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