Coldstream Capital Management Inc. Has $2.95 Million Stake in Spotify Technology $SPOT

Coldstream Capital Management Inc. increased its stake in Spotify Technology (NYSE:SPOT) by 48.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,223 shares of the company’s stock after purchasing an additional 1,373 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Spotify Technology were worth $2,948,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Sivia Capital Partners LLC acquired a new position in shares of Spotify Technology during the second quarter worth approximately $312,000. Foundations Investment Advisors LLC grew its position in Spotify Technology by 59.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 686 shares of the company’s stock valued at $526,000 after purchasing an additional 256 shares during the period. Cetera Investment Advisers grew its position in Spotify Technology by 11.5% in the 2nd quarter. Cetera Investment Advisers now owns 26,209 shares of the company’s stock valued at $20,111,000 after purchasing an additional 2,696 shares during the period. Intech Investment Management LLC increased its stake in Spotify Technology by 44.5% during the 2nd quarter. Intech Investment Management LLC now owns 1,845 shares of the company’s stock valued at $1,416,000 after purchasing an additional 568 shares in the last quarter. Finally, Citizens Financial Group Inc. RI increased its stake in Spotify Technology by 73.2% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 826 shares of the company’s stock valued at $634,000 after purchasing an additional 349 shares in the last quarter. Institutional investors and hedge funds own 84.09% of the company’s stock.

Spotify Technology News Roundup

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

• Positive Sentiment: Jefferies says SPOT is set for upside estimate revisions ahead of Q1 results and an analyst day, projecting better-than-consensus Q2 gross-margin guidance (~33.6% vs. street ~33.1%), which could support upward earnings revisions. Spotify seen poised for upside revisions ahead of earnings, Jefferies says
• Positive Sentiment: A Wall Street analyst outlined a “tactical bull case,” noting multiple near-term catalysts (earnings, pricing flow-through, new product rollouts) that could reaccelerate the stock if execution meets expectations. Spotify Stock Has Multiple Catalysts Ahead, Analyst Says
• Positive Sentiment: Product improvements for audiophiles — Spotify added an “exclusive mode” for bit‑perfect playback on Windows (and has rolled out bit‑perfect playback more broadly). Higher-quality audio features can bolster premium value and ARPU for audiophile users. Spotify adds exclusive mode for bit-perfect audio on Windows
• Positive Sentiment: Expansion into XR/ wearable platforms: leaks and reports suggest Spotify is preparing XR smart‑glasses support and it shipped a Wear OS redesign with gesture controls — both extend reach and engagement on emerging devices. Spotify is preparing to launch on XR smart glasses, leak reveals two big secret updates
• Neutral Sentiment: Regional / music-economics reporting: a new report on Nigerian music earnings highlights creator economics and royalty flows — relevant for licensing strategy but not an immediate stock mover. New report reveals how much Nigerian music is really earning globally
• Neutral Sentiment: UX/feature rumors and small OS improvements (Android feature requests, Wear OS redesign) improve product stickiness over time but are incremental. Spotify Wear OS update brings a new look and gesture controls
• Negative Sentiment: Zacks notes SPOT fell more than the broader market today — attributing the move to near‑term profit‑taking and investor caution ahead of earnings/updates; that sentiment likely amplified selling pressure despite positive catalysts. Why Spotify (SPOT) Dipped More Than Broader Market Today
• Negative Sentiment: Service reliability issue: a recent outage reported in live updates can dent short‑term engagement metrics and invites scrutiny around dependability during peak windows. Spotify was down — Live updates on music streamer issues

Spotify Technology Stock Down 1.5%

Spotify Technology stock opened at $517.14 on Thursday. The firm has a 50 day moving average price of $498.97 and a 200-day moving average price of $591.89. Spotify Technology has a twelve month low of $405.00 and a twelve month high of $785.00. The company has a market capitalization of $106.47 billion, a P/E ratio of 53.64, a P/E/G ratio of 1.15 and a beta of 1.66.

Spotify Technology (NYSE:SPOT) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $5.16 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 31.35% and a net margin of 13.16%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.88 EPS. Equities analysts expect that Spotify Technology will post 10.3 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on SPOT shares. Benchmark dropped their price objective on shares of Spotify Technology from $860.00 to $760.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. The Goldman Sachs Group raised shares of Spotify Technology from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $735.00 to $700.00 in a research report on Friday, January 23rd. UBS Group lowered their target price on shares of Spotify Technology from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, January 9th. Guggenheim dropped their price target on shares of Spotify Technology from $720.00 to $600.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Finally, Barclays lifted their price target on Spotify Technology from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $703.87.

Spotify Technology Company 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.