Spotify Technology S.A (NYSE:SPOT) currently has a daily average trading volume of 2.64M but it saw 2521304 shares traded in last market. With a market cap of 140.77B USD, the company’s current market price of $701.08 came rising about 4.47 while comparing to the previous closing price of $671.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $678.57 and as low as $288.07.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which upgraded the stock as “Outperform” in its note to investors issued on April 21, 2025, recommending a price target of $660 for it. China Renaissance issued its recommendations for the stock as it initiated the price target for the stock is $740.
Over the week, SPOT’s stock price is moving 5.59% up while it is 9.95% when we observe its performance for the past one month. Year-to-date it is 56.71% up and over the past year, the stock is showing an upside performance of 136.23%.
Currently, Spotify Technology S.A’s total number of outstanding shares is 205.06M with 24.32% of that held by the insiders while 69.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 17.32% and return on equity (ROE) at 24.28%. It has a price to earnings ratio (P/E ratio) of 115.56 while having a 49.72 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 21.30 while price to sale or P/S ratio amounts to 8.08. Its return on asset (ROA) is 10.66% on average.
