Valuation: Spotify Technology S.A.

Capitalization 91.49B 107B 83.92B 79.37B 146B 10,056B 150B 985B 388B 4,817B 402B 394B 17,090B P/E ratio 2026 *
34.1x
P/E ratio 2027 * 26.9x
Enterprise value 83.24B 97.55B 76.35B 72.21B 133B 9,149B 136B 897B 353B 4,382B 366B 358B 15,548B EV / Sales 2026 *
4.27x
EV / Sales 2027 * 3.6x
Free-Float
71.6%
Yield 2026 *
-
Yield 2027 * -
1 day-0.13%
1 week+2.25%
Current month+7.83%
1 month+10.19%
3 months+4.12%
6 months-24.13%
Current year-9.96%
1 week 508
Extreme 508
543.69
1 month 462.22
Extreme 462.22
543.69
Current year 405
Extreme 405
609.2
1 year 405
Extreme 405
785
3 years 128.67
Extreme 128.67
785
5 years 69.28
Extreme 69.285
785
10 years 69.28
Extreme 69.285
785
Manager TitleAgeSince
Chief Executive Officer 50 31/12/2025
Chief Executive Officer 50 31/12/2025
Director of Finance/CFO 58 15/09/2004
Director TitleAgeSince
Chairman 43 26/12/2006
Chairman 57 20/07/2008
Director/Board Member 64 12/06/2017
Change 5d. change 1-year change 3-years change Capi.($)
+0.08%+2.25%-6.43%+290.91% 108B
-2.89%+2.19%+10.04%+44.33% 598B
+0.71%-12.27%-5.62%+184.29% 390B
-2.17%+3.66%+3.65%+145.15% 157B
-0.84%+0.35%+12.52%+33.38% 117B
+1.07%+7.72%+29.18%+24.83% 85.52B
-0.10%+11.45%+6.08%+197.39% 79.5B
+0.28%+12.50%+760.22%+1,630.77% 64.05B
-1.25%+3.42%+4.32%+44.82% 43.37B
-2.24%+1.57%-9.41%-6.61% 25.71B
Average -0.79%+3.08%+80.46%+258.92% 166.78B
Weighted average by Cap. -1.22%+0.84%+34.05%+168.14%

Financials

2026 *2027 *
Net sales 19.48B 22.83B 17.87B 16.9B 31.19B 2,141B 31.88B 210B 82.66B 1,026B 85.63B 83.87B 3,639B 22.15B 25.95B 20.31B 19.21B 35.46B 2,434B 36.24B 239B 93.97B 1,166B 97.35B 95.34B 4,137B
Net income 2.7B 3.17B 2.48B 2.35B 4.33B 297B 4.43B 29.13B 11.47B 142B 11.89B 11.64B 505B 3.5B 4.1B 3.21B 3.03B 5.6B 384B 5.72B 37.68B 14.84B 184B 15.38B 15.06B 653B
Net Debt -8.25B -9.67B -7.57B -7.16B -13.22B -907B -13.51B -88.91B -35.02B -435B -36.28B -35.54B -1,542B -11.66B -13.66B -10.69B -10.11B -18.66B -1,281B -19.08B -126B -49.46B -614B -51.24B -50.18B -2,177B
Logo Spotify Technology S.A.
Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.
Employees
7,000
Date Price Change Volume
22/04/26 522.88 $ +0.08% 1,497,229
21/04/26 522.44 $ -2.67% 1,637,750
20/04/26 536.76 $ +0.03% 980,117
17/04/26 536.61 $ +0.97% 1,399,608
16/04/26 531.45 $ +0.05% 1,578,469
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
41
Last Close Price
444.49EUR
Average target price
547.61EUR
Spread / Average Target
+23.20%

Quarterly revenue - Rate of surprise