<div id="readability-page-1"><p>Point72 Italy S.r.l. bought a new stake in shares of  Spotify Technology (NYSE:SPOT - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,800 shares of the company's stock, valued at approximately $3,740,000. Spotify Technology accounts for about  3.7% of Point72 Italy S.r.l.'s holdings, making the stock its 12th largest holding.</p><ul><li>Tencent Music Stock Outshines Spotify as China’s Music Giant</li></ul><p>Several other hedge funds have also recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its position in shares of  Spotify Technology by 1,151.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,740,803 shares of the company's stock valued at $957,494,000 after purchasing an additional 1,601,653 shares in the last quarter.  Jennison Associates LLC boosted its position in shares of  Spotify Technology by 42.3% during the first quarter. Jennison Associates LLC now owns 4,247,940 shares of the company's stock valued at $2,336,494,000 after purchasing an additional 1,262,614 shares in the last quarter.  Janus Henderson Group PLC boosted its position in shares of  Spotify Technology by 325.9% during the fourth quarter. Janus Henderson Group PLC now owns 1,125,465 shares of the company's stock valued at $503,316,000 after purchasing an additional 861,232 shares in the last quarter.  GAMMA Investing LLC boosted its position in shares of  Spotify Technology by 75,856.5% during the first quarter. GAMMA Investing LLC now owns 717,789 shares of the company's stock valued at $394,805,000 after purchasing an additional 716,844 shares in the last quarter.  Finally, Nuveen LLC bought a new stake in shares of  Spotify Technology during the first quarter valued at approximately $383,139,000. 84.09% of the stock is owned by hedge funds and other institutional investors. </p><div><p><span></span><span>Get <strong>Spotify Technology</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>Several equities research analysts recently weighed in on the company. The Goldman Sachs Group lifted their price target on Spotify Technology from $680.00 to $775.00 and gave the company a &#34;buy&#34; rating in a research report on Wednesday, July 2nd. Evercore ISI lifted their price objective on Spotify Technology from $650.00 to $750.00 and gave the company an &#34;outperform&#34; rating in a research note on Monday, June 16th. Canaccord Genuity Group lifted their price objective on Spotify Technology from $775.00 to $850.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, July 2nd. Guggenheim lifted their price objective on Spotify Technology from $800.00 to $850.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, August 18th. Finally, Phillip Securities upgraded Spotify Technology from a &#34;moderate sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, August 4th. Twenty investment analysts have rated the stock with a Buy rating and ten have assigned  a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $720.07.</p><ul><li>3 Subscription Stocks Built to Withstand Market Volatility</li></ul><p><b>Get Our Latest Stock Analysis on SPOT</b></p><h2>Spotify Technology Price Performance</h2><p>SPOT stock opened at $683.19 on Friday. Spotify Technology has a 1-year low of $319.07 and a 1-year high of $785.00. The business has a fifty day moving average price of $701.49 and a 200-day moving average price of $643.77. The stock has a market capitalization of $139.85 billion, a P/E ratio of 165.82, a P/E/G ratio of 2.93 and a beta of 1.69. </p><ul><li>Why These 3 Market-Beaters Are Backing Up Their Buyback Trucks</li></ul><p>Spotify Technology (NYSE:SPOT - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of $2.00 by ($2.42). Spotify Technology had a return on equity of 13.67% and a net margin of 4.76%.The business had revenue of $4.94 billion during the quarter, compared to analysts' expectations of $4.29 billion. During the same quarter in the prior year, the firm earned $1.33 EPS. The firm's revenue for the quarter was up 10.1% compared to the same quarter last year.  Spotify Technology has set its Q3 2025 guidance at  EPS. As a group, analysts anticipate that  Spotify Technology will post 10.3 earnings per share for the current year. </p><h2>About Spotify Technology</h2> (Free Report)<p>Spotify Technology SA, together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Spotify Technology</li><li>What is Put Option Volume?</li><li>Tencent Music Stock Outshines Spotify as China’s Music Giant</li><li>Most active stocks: Dollar volume vs share volume</li><li>DICKS’s Sporting Goods Stock Dropped After Earnings—Is It a Buy?</li><li>Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time</li><li>Engines to AI: Cummins’ Surprising Growth Driver</li></ul><p><strong>Want to see what other hedge funds are holding SPOT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spotify Technology (NYSE:SPOT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQT1Q?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQT1Q"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Spotify Technology Right Now?</h2><p>Before you consider Spotify Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spotify Technology wasn't on the list.</p><p>While Spotify Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SPOT

<p>Point72 Italy S.r.l. acquired a new stake in Spotify Technology (NYSE:SPOT) during Q1, purchasing 6,800 shares valued at approximately $3.74 million, making it the 12th largest holding in its portfolio. Other hedge funds, including Goldman Sachs and Jennison Associates, also significantly increased their positions in Spotify. Analysts have raised price targets for Spotify, with an average target of $720.07. Despite a recent earnings miss, Spotify's revenue grew 10.1% year-over-year, and the stock has a market cap of $139.85 billion.</p>

Point72 Italy S.r.l. Takes Position in Spotify Technology $SPOT