Spotify Technology S.A (NYSE:SPOT)’s traded shares stood at 0.58 million during the latest session, with the company’s beta value hitting 1.68. At the last check today, the stock’s price was $643.70, to imply an increase of 0.11% or $0.7 in intraday trading. The SPOT share’s 52-week high remains $669.00, putting it -3.93% down since that peak but still an impressive 55.25% since price per share fell to its 52-week low of $288.07.
Analysts have given a consensus recommendation of Buy for Spotify Technology S.A (SPOT), translating to a mean rating of 2.02. Of 29 analyst(s) looking at the stock, 0 analyst(s) give SPOT a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 25 recommend it as a Buy.
Spotify Technology S.A (NYSE:SPOT) trade information
After registering a 0.11% upside in the latest session, Spotify Technology S.A (SPOT) has traded red over the past five days. The 5-day price performance for the stock is 0.55%, and 8.60% over 30 days. With these gigs, the year-to-date price performance is 43.88%.
The extremes give us $545 and $680 for target low and target high price respectively. As such, SPOT has been trading -5.64% off suggested target high and 15.33% from its likely low.
SPOT Dividends
Spotify Technology S.A has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is AUSTIN PRIVATE WEALTH, LLC with 12.0 million shares, or about 5.8248% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $377.0.
We also have VANGUARD WORLD FUND-Vanguard International Growth Fund and JPMorgan Trust II-JPMorgan Large Cap Growth Fund as the top two Mutual Funds with the largest holdings of the Spotify Technology S.A (SPOT) shares. Going by data provided on Feb 28, 2025 , VANGUARD WORLD FUND-Vanguard International Growth Fund holds roughly 3.45 shares. This is just over 1.69% of the total shares, with a market valuation of $2.22 billion. Data from the same date shows that the other fund manager holds a little less at 2.67, or 1.30% of the shares, all valued at about 1.72 billion.