From Barchart: 2025-04-30 12:11:00

Mark Mahaney of Evercore ISI set a $650 price target for Spotify, with a 7.81% potential upside. However, 1Q 2025 earnings per share were $1.16, missing the $2.37 estimate. Sales hit $4.53 billion, showing 15% year-on-year growth but falling short of expectations. Monthly average users grew to 678 million, with a projected revenue of $4.65 billion for 2Q 2025. Despite a 3.5% drop post-earnings, Spotify’s shares rebounded to $604.15, up 4.72%. Trading volume stands at 2,221,371 shares, reflecting Spotify’s significance in the music streaming sector.



Read more at Barchart:: Spotify Technology S.A. (NYSE:SPOT) Price Target a…