Analysts predict strong Q4 results for Spotify with revenue growth and raised price targets

From StockTwits: 2025-02-03 03:44:14

Analysts predict Spotify’s fourth-quarter results will highlight subscriber, revenue, and margin growth. The company is expected to report earnings per share of $2.07, with revenue reaching $4.33 billion. Spotify previously forecasted revenue of 4.1 billion euros, with 665 million monthly active users and 260 million subscribers. The recent deal with Universal Music Group is expected to drive revenue growth. Price targets for Spotify stock were raised by two sell-side firms, anticipating strong quarterly results. Retail sentiment remains bullish, with message volume high. Spotify stock ended Friday down slightly at $548.55.



Read more at StockTwits: Spotify Analyst Bullish Ahead Of Music Streaming Services’ Q4 Results: Retail Likes High-flying Stock