US · Communication Services · Internet Content & Information
EPS came in at 3.03 against a street estimate of 3.27 — a miss of 7.3%.
Analysts rate Spotify Technology SA a buy (25 buy, 13 hold, 2 sell out of 40) with an average price target of $609.32.
CONFIDENT Spotify hit 300M subscribers (beat guidance) with 15% revenue growth, record 33.4% gross margin. Q3 guides 305M subs, EUR 5B revenue (14% growth). Strategic push toward add-ons and AI monetization underway. Q2 2026 All three regions added net subscribers, with Rest of World and North America standing out. Analysts pressed on ad slowdown persistence, AI music deal completeness, and MAU guidance decline. Management reframed ad business as post-transition inflection, remix launch as non-dependent on full catalog, MAU softness as planned monetization shift in emerging markets—all described as strategic, not competitive pressure. 2026-08-04…
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| Fund | Stake |
|---|---|
| BlackRock Inc | 5.53% |
| Morgan Stanley - Brokerage Accounts | 4.08% |
| Baillie Gifford & Co Limited. | 3.86% |
| State Street Corp | 2.30% |
| T. Rowe Price Associates, Inc. | 2.24% |
| Wellington Management Company LLP | 1.51% |
| Jennison Associates LLC | 1.37% |
| Fisher Asset Management, LLC | 1.30% |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Spotify Technology SA — free to start.
Google PlayApp StoreData updated 2026-09-18.