Page 8 - Spotify Technology News Today

Audiobooks aren't just a side business for Spotify, they're a future growth driver.

Daniel Ek, the co-founder of Spotify Technology SA (NYSE:SPOT), has recently sold 650,000 company shares through two transactions, marking a significant increase in stock sales compared to previous years. The series of sales, valued at about $179 million, represents Ek’s strategic financial planning despite still holding a 7% stake in Spotify, a significant component of his $4.4 billion net worth. Spotify’s stock has risen significantly, increasing by 267% since late 2022, accordin...

Spotify Technology (NYSE:SPOT – Free Report) had its target price upped by Bank of America from $315.00 to $370.00 in a research note published on Wednesday morning, Benzinga reports. The firm currently has a buy rating on the stock. Several other equities research analysts also recently issued reports on SPOT. Piper Sandler restated a neutral […]

Spotify Technology (NYSE:SPOT – Free Report) had its target price upped by The Goldman Sachs Group from $277.00 to $317.00 in a research note issued to investors on Wednesday morning, Benzinga reports. The brokerage currently has a neutral rating on the stock. A number of other brokerages also recently issued reports on SPOT. Raymond James […]

Spotify Technology (NYSE:SPOT – Free Report) had its price target upped by Bank of America from $315.00 to $370.00 in a research report report published on Wednesday morning, Benzinga reports. They currently have a buy rating on the stock. A number of other research analysts also recently commented on SPOT. Wells Fargo & Company boosted […]

Spotify Technology S.A. (NYSE:SPOT – Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 2,180,000 shares, an increase of 32.9% from the March 31st total of 1,640,000 shares. Approximately 1.6% of the shares of the stock are short sold. Based […]

Piper Sandler restated their neutral rating on shares of Spotify Technology (NYSE:SPOT – Free Report) in a report released on Wednesday, Benzinga reports. Piper Sandler currently has a $320.00 price target on the stock, up from their prior price target of $300.00. A number of other equities analysts also recently commented on the stock. Macquarie […]

No analyst on Wall Street loves Spotify stock more than Deutsche Bank. But is the banker right to call Spotify a buy?

No analyst on Wall Street loves Spotify stock more than Deutsche Bank. But is the banker right to call Spotify a buy?

At the right price, I'd buy Spotify stock.