Spotify Technology S.A. (SPOT, Film, music & streaming) Stock Valuation & Fair Value
Mixed on our testsSpotify Technology S.A. (SPOT, Film, music & streaming) trades at a current P/E of 45.0, about 28% below its historical normal valuation, with a forward growth estimate of 27.1% and a PEG of 1.66. Priced at its historical normal P/E of 62.1 on the same blended earnings, the 2026-11-06 close of $603.01 corresponds to about $832 a share. This is a valuation reference, not a price target.
How to read these numbers: the PEG ratio and current P/E versus normal P/E.
- Price $603.01 at the Nov 6 close, 7.3% above the 20-day average ($561.91) and 12.2% above the 50-day ($537.34).
- RSI (14) at 62.5.
- 52-week range $412.75 to $647.87: the price is 6.9% below the high and 46.1% above the low.
- At its last earnings report the options market priced an 8.7% move.
The Street vs SeerForecast
Wall Street's mean price target for SPOT is $642.68 across 38 analysts, 6.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.
Valuation flags
- Misses analyst estimates often (67%)
Verdict history
tickerseer's rating moved from mixed on our tests (2026-07-31) to poor on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.
Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.
Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.
Show all 30 readings
Earnings moves: SPOT moved more than the options market implied in 0 of 1 recent tracked reports.
Frequently asked questions
Is Spotify Technology S.A. stock overvalued?
At a current P/E of 45.0 versus its historical normal P/E of 62.1, Spotify Technology S.A. trades about 28% below its typical valuation, with a PEG of 1.66 on 27.1% forward growth. tickerseer currently rates it mixed on our tests.
What is Spotify Technology S.A.'s fair value and PEG?
Spotify Technology S.A. trades at a current P/E of 45.0 against a historical normal P/E of 62.1, a PEG of 1.66, and a forward growth estimate of 27.1%. Priced at its historical normal P/E of 62.1 on the same blended earnings, the 2026-11-06 close of $603.01 corresponds to about $832 a share. This is a valuation reference, not a price target.
Has tickerseer's rating of Spotify Technology S.A. changed?
tickerseer's rating moved from mixed on our tests (2026-07-31) to poor on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.
What is the analyst price target for Spotify Technology S.A.?
The mean Wall Street price target for Spotify Technology S.A. is $642.68 across 38 analysts, 6.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.
Industry: Film, music & streaming. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.
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