Spotify Technology (SPOT) Expected to Announce Earnings on Tuesday

27 Apr 2026, 02:16 by Doug Wharley · The Cerbat Gem

Spotify Technology (NYSE:SPOT – Get Free Report) is expected to be releasing its Q1 2026 results before the market opens on Tuesday, April 28th. Analysts expect Spotify Technology to post earnings of $3.34 per share and revenue of $5.2017 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Tuesday, April 28, 2026 at 8:00 AM ET.

Spotify Technology (NYSE:SPOT – Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $2.00. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.14 billion. Spotify Technology had a net margin of 13.16% and a return on equity of 31.35%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.88 earnings per share. On average, analysts expect Spotify Technology to post $16 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Spotify Technology Price Performance

Shares of NYSE SPOT opened at $516.85 on Monday. The company has a market cap of $106.41 billion, a P/E ratio of 53.62, a PEG ratio of 1.13 and a beta of 1.70. Spotify Technology has a 1 year low of $405.00 and a 1 year high of $785.00. The firm has a 50-day simple moving average of $501.08 and a two-hundred day simple moving average of $551.47.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on SPOT. Guggenheim decreased their price objective on shares of Spotify Technology from $720.00 to $600.00 and set a “buy” rating for the company in a research note on Tuesday, February 24th. Benchmark decreased their price objective on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Morgan Stanley began coverage on shares of Spotify Technology in a research note on Monday, April 13th. They issued an “overweight” rating and a $630.00 price objective for the company. Pivotal Research downgraded shares of Spotify Technology from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $875.00 to $420.00 in a research note on Wednesday, February 11th. Finally, Moffett Nathanson initiated coverage on shares of Spotify Technology in a research report on Tuesday, January 27th. They set a “neutral” rating and a $487.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $692.14.

Check Out Our Latest Stock Report on SPOT

Spotify Technology News Roundup

Here are the key news stories impacting Spotify Technology this week:

Positive Sentiment: Analysts and bullish write-ups are painting SPOT as a buy ahead of earnings, arguing the stock is attractively priced after a pullback and resilient to macro/AI headwinds. Buy Spotify Technology Stock Now Down 33% Before Earnings
Positive Sentiment: Price-target upgrades and inclusion on “best stocks” lists (plus KeyBanc’s lift) are supporting optimism, which can attract short-term buying into the earnings window. Spotify Technology (SPOT) Boosted by $5 Ahead of Upcoming Q1 Report
Positive Sentiment: Macro-driven rebounds in European tech have highlighted Spotify as an undervalued name, drawing fresh flow from thematic screens and value-seeking funds. 3 Undervalued European Tech Stocks to Buy After the Ceasefire (SPOT)
Neutral Sentiment: Analyst models and key-metric projections for Spotify’s Q1 (subs, ARPU, ad revenue) are being closely watched — the report could swing the stock either way depending on guidance and metric beats/misses. What Analyst Projections for Key Metrics Reveal About Spotify (SPOT) Q1 Earnings
Neutral Sentiment: Coverage of Spotify’s 20th anniversary highlights long-term strategic questions (new features, content, monetization) — positive for narrative but unclear near-term earnings impact. Spotify At 20 Sparks Fresh Questions On Growth And Valuation The highs and lows of Spotify’s first 20 years
Negative Sentiment: Regulatory risk surfaced after Texas announced a probe of streaming platforms — any escalation or broader legal/regulatory action could weigh on sentiment and valuation. Texas announces probe of music streaming platforms. Spotify stock whipsaws

Insider Buying and Selling

In other news, CEO Gustav Soderstrom sold 20,833 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $473.52, for a total transaction of $9,864,842.16. Following the transaction, the chief executive officer directly owned 20,609 shares of the company’s stock, valued at approximately $9,758,773.68. This trade represents a 50.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Alex Norstrom sold 5,436 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $479.51, for a total transaction of $2,606,616.36. Following the transaction, the chief executive officer directly owned 69,989 shares in the company, valued at approximately $33,560,425.39. This trade represents a 7.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Spotify Technology

Several institutional investors have recently bought and sold shares of the business. Quadcap Wealth Management LLC increased its holdings in Spotify Technology by 5.7% during the third quarter. Quadcap Wealth Management LLC now owns 295 shares of the company’s stock valued at $206,000 after buying an additional 16 shares during the period. Wilmington Savings Fund Society FSB increased its holdings in Spotify Technology by 85.7% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 65 shares of the company’s stock valued at $38,000 after buying an additional 30 shares during the period. Beaird Harris Wealth Management LLC increased its holdings in Spotify Technology by 69.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 83 shares of the company’s stock valued at $58,000 after buying an additional 34 shares during the period. Parnassus Investments LLC increased its holdings in Spotify Technology by 9.0% during the fourth quarter. Parnassus Investments LLC now owns 410 shares of the company’s stock valued at $238,000 after buying an additional 34 shares during the period. Finally, Certuity LLC increased its holdings in Spotify Technology by 6.8% during the third quarter. Certuity LLC now owns 550 shares of the company’s stock valued at $385,000 after buying an additional 35 shares during the period. 84.09% of the stock is owned by hedge funds and other institutional investors.

About Spotify Technology

(Get Free Report)

Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams.