Spotify (SPOT) stock forecast for 2023

The forecast has been updated: January 31, 2023 9:52


Spotify stock price online today

Analyst Target Price

112.22

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Spotify stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Spotify stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $112.22 target price for Spotify stock stock.

Today 200 Day Moving Average is the resistance level (97.75 $).

50 Day Moving Average is the support level (82.91 $).




SPOT Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Mar 73.82 71.16 77.88 8.63 %
Mar 80.69 76.57 86.74 11.72 %
May 79.88 76.28 85.07 10.33 %
May 80.84 78.49 82.78 5.18 %
Jul 79.95 77.39 81.95 5.56 %
Jul 85.47 83.59 89.74 6.86 %
Aug 93.24 91.19 98.09 7.03 %
Oct 93.24 86.72 100.42 13.65 %
Oct 96.51 88.88 102.68 13.44 %
Dec 99.11 95.15 105.95 10.20 %
Dec 98.52 93.69 101.37 7.58 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Spotify stock.


Spotify overview

Spotify Address

42-44, AVENUE DE LA GARE, LUXEMBOURG, NY, LU

Market Capitalization

19 745 612 000 $

EBITDA

-396 000 000

PE Ratio

None

PEG Ratio

None

Dividend Per Share

0

Dividend Yield

0

EPS

-0.593

Quarterly Earnings Growth YOY

0.569

Quarterly Revenue Growth YOY

0.214

Trailing PE

-

Forward PE

243.9

EV To Revenue

1.187

EV To EBITDA

112.25

52 Week High

208.49

52 Week Low

69.28

50 Day Moving Average

82.91

200 Day Moving Average

97.75

Shares Outstanding

193130000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Spotify stock forecast for this year


Spotify stock forecast for Mar 2023.
Estimated Average Forecasted Spotify Price: 73.82. Positive monthly dynamics of the instrument is expected with 8.626% volatility is expected.

Pessimistic forecast: 71.16

Optimistic: 77.88


Spotify stock forecast for Mar 2023.
Estimated Average Forecasted Spotify Price: 80.69. Positive monthly dynamics of the instrument is expected with 11.721% volatility is expected.

Pessimistic forecast: 76.57

Optimistic: 86.74


Spotify stock forecast for May 2023.
Estimated Average Forecasted Spotify Price: 79.88. Negative monthly dynamics of the instrument is expected with 10.329% volatility is expected.

Pessimistic forecast: 76.28

Optimistic: 85.07


Spotify stock forecast for May 2023.
Estimated Average Forecasted Spotify Price: 80.84. Positive monthly dynamics of the instrument is expected with 5.176% volatility is expected.

Pessimistic forecast: 78.49

Optimistic: 82.78


Spotify stock forecast for Jul 2023.
Estimated Average Forecasted Spotify Price: 79.95. Negative monthly dynamics of the instrument is expected with 5.561% volatility is expected.

Pessimistic forecast: 77.39

Optimistic: 81.95


Spotify stock forecast for Jul 2023.
Estimated Average Forecasted Spotify Price: 85.47. Positive monthly dynamics of the instrument is expected with 6.857% volatility is expected.

Pessimistic forecast: 83.59

Optimistic: 89.74


Spotify stock forecast for Aug 2023.
Estimated Average Forecasted Spotify Price: 93.24. Positive monthly dynamics of the instrument is expected with 7.034% volatility is expected.

Pessimistic forecast: 91.19

Optimistic: 98.09


Spotify stock forecast for Oct 2023.
Estimated Average Forecasted Spotify Price: 93.24. Negative monthly dynamics of the instrument is expected with 13.649% volatility is expected.

Pessimistic forecast: 86.72

Optimistic: 100.42


Spotify stock forecast for Oct 2023.
Estimated Average Forecasted Spotify Price: 96.51. Positive monthly dynamics of the instrument is expected with 13.439% volatility is expected.

Pessimistic forecast: 88.88

Optimistic: 102.68


Spotify stock forecast for Dec 2023.
Estimated Average Forecasted Spotify Price: 99.11. Positive monthly dynamics of the instrument is expected with 10.196% volatility is expected.

Pessimistic forecast: 95.15

Optimistic: 105.95


Spotify stock forecast for Dec 2023.
Estimated Average Forecasted Spotify Price: 98.52. Negative monthly dynamics of the instrument is expected with 7.580% volatility is expected.

Pessimistic forecast: 93.69

Optimistic: 101.37



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