Dakota Wealth Management lowered its holdings in shares of Spotify Technology (NYSE:SPOT – Free Report) by 26.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 23,726 shares of the company’s stock after selling 8,666 shares during the period. Dakota Wealth Management’s holdings in Spotify Technology were worth $16,561,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of SPOT. Knuff & Co LLC bought a new position in Spotify Technology during the second quarter worth $27,000. Heartwood Wealth Advisors LLC acquired a new position in Spotify Technology in the 3rd quarter valued at about $27,000. Greykasell Wealth Strategies Inc. raised its holdings in Spotify Technology by 3,800.0% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 39 shares of the company’s stock valued at $27,000 after acquiring an additional 38 shares during the period. Total Investment Management Inc. bought a new position in Spotify Technology in the 2nd quarter valued at about $29,000. Finally, Westfuller Advisors LLC acquired a new stake in Spotify Technology during the third quarter worth approximately $29,000. Institutional investors own 84.09% of the company’s stock.
Key Spotify Technology News
Here are the key news stories impacting Spotify Technology this week:
- Positive Sentiment: Q4 earnings beat and stronger profitability guidance — Spotify reported higher revenue and a large jump in net income for Q4 2025, and management emphasized 2026 profitability and operating discipline, which supports a higher valuation multiple. A Look At Spotify Technology Valuation After Earnings Beat
- Positive Sentiment: Product-led engagement push — Spotify is expanding AI-driven Prompted Playlists to the U.K., Ireland, Australia and Sweden for Premium users, a feature designed to boost listening time and conversion/retention. This supports longer-term subscription growth. Spotify rolls out AI-powered Prompted Playlists
- Positive Sentiment: Personalization improvements — Reports say Spotify may let users tweak their taste profiles with “notes,” which could improve recommendations and user satisfaction, aiding retention and monetization over time. Spotify may let you tune your taste profile with notes
- Neutral Sentiment: Analyst coverage and forecasts — Erste Group published commentary on FY2027 earnings expectations; such analyst work can move sentiment but doesn’t change the near‑term fundamentals by itself. Erste Group Bank Weighs in on SPOT FY2027 Earnings
- Neutral Sentiment: Industry/market context — Broader stories about 2026 IPOs and market rotation show investor focus shifting across tech names; these macro flows can affect SPOT’s momentum but are indirect. 3 of the Most Highly Anticipated IPOs of 2026
- Negative Sentiment: Near-term advertising weakness — Investors remain concerned after third‑party letters and commentary highlighted continued softness in ad revenue recovery, which directly pressures top‑line growth and could slow margin progress if persistent. Spotify was Hurt by Continued Near-Term Advertising Weakness
Spotify Technology Stock Down 4.6%
Spotify Technology (NYSE:SPOT – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.16 by $2.00. The company 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.88 EPS. On average, sell-side analysts expect that Spotify Technology will post 10.3 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on SPOT shares. Benchmark decreased their target price on Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Cantor Fitzgerald decreased their price objective on Spotify Technology from $615.00 to $525.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Rosenblatt Securities lowered their price objective on Spotify Technology from $700.00 to $670.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Wall Street Zen raised shares of Spotify Technology from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Guggenheim decreased their price target on shares of Spotify Technology from $750.00 to $720.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Spotify Technology has an average rating of “Moderate Buy” and a consensus target price of $706.42.
View Our Latest Analysis on Spotify Technology
Spotify Technology Profile
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.
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