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15 analysts have given their opinion on Spotify technology in the last three months spot stock. These analysts are typically employed by large Wall Street banks and are tasked with understanding a company’s business and predicting how the stock will trade over the next year.
strong | somewhat bullish | indifference | somewhat bearish | bearish | |
---|---|---|---|---|---|
comprehensive evaluation | 3 | 9 | 3 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M ago | 0 | 0 | 0 | 0 | 0 |
2M ago | 2 | 9 | 2 | 0 | 0 |
3M ago | 0 | 0 | 1 | 0 | 0 |
The average price target for Spotify technology is $134.87, with a high of $180.00 and a low of $95.00, according to 15 analysts who provided 12-month price targets over the past three months.
Below is a summary of how these 15 analysts rated Spotify technology over the past three months. The higher the number of bullish ratings, the more analysts are positive about the stock, and the higher the number of bearish ratings, the more analysts are negative about the stock.
This average price target has increased by 16.27% over the past month.
Stay up to date with analyst ratings of Spotify technology.
Benzinga tracks 150 analyst companies and reports their stock price forecasts. Analysts typically draw conclusions by predicting how much revenue a company will make in the future (usually over the next five years) and how risky or predictable the company’s revenue streams are. reaches
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish stock ratings. An analyst typically evaluates each stock once every quarter he or whenever there is a major update to the company.
Some analysts have published projections of growth estimates, revenues, earnings and other metrics to provide additional guidance to their valuations. When using analyst ratings, it’s important to keep in mind that stock and sector analysts are also human beings and are only providing opinions to investors.
This article was generated by Benzinga’s automated content engine and reviewed by editors.
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