Spotify (SPOT) stock forecast for 2024. Forecast tables and graphs.

Spotify (SPOT) stock forecast for 2024

The forecast has been updated: September 14, 2021 9:50


Spotify stock price online today

Analyst Target Price

311.38

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

None

Last Split Date

-

Should you buy or sell Spotify stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Spotify stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

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 $311.38 target price for Spotify stock stock.

Today 200 Day Moving Average is the resistance level (251.8 $).

50 Day Moving Average is the support level (226.93 $).




SPOT Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 278.67 263.34 298.18 11.68 %
Feb 284.52 267.45 293.63 8.91 %
Mar 294.20 283.61 309.50 8.36 %
Apr 270.66 261.73 286.09 8.51 %
May 287.98 273.01 297.20 8.14 %
Jun 280.78 269.27 301.56 10.71 %
Jul 298.47 292.50 322.35 9.26 %
Aug 312.50 288.13 330.94 12.94 %
Sep 341.88 317.60 359.65 11.69 %
Oct 373.33 365.12 385.65 5.32 %
Nov 370.34 340.72 392.93 13.29 %
Dec 387.75 370.30 417.61 11.33 %

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, LU

Market Capitalization

46 732 964 000 $

EBITDA

-

PE Ratio

None

PEG Ratio

None

Dividend Per Share

None

Dividend Yield

0

EPS

-1.93

Quarterly Earnings Growth YOY

0.569

Quarterly Revenue Growth YOY

0.234

Trailing PE

0

Forward PE

3333.33

EV To Revenue

5.32

EV To EBITDA

224.25

52 Week High

387.44

52 Week Low

201.68

50 Day Moving Average

226.93

200 Day Moving Average

251.8

Shares Outstanding

191356000

Shares Float

137485000

Shares Short Prior Month

5186300

Short Ratio

2.99

Percent Insiders

28.3

Percent Institutions

59.41

Spotify stock forecast for this year


Spotify stock forecast for Jan 2024.
Estimated Average Forecasted Spotify Price: 278.67. Negative monthly dynamics of the instrument is expected with 11.682% volatility is expected.

Pessimistic forecast: 263.34

Optimistic: 298.18


Spotify stock forecast for Feb 2024.
Estimated Average Forecasted Spotify Price: 284.52. Positive monthly dynamics of the instrument is expected with 8.915% volatility is expected.

Pessimistic forecast: 267.45

Optimistic: 293.63


Spotify stock forecast for Mar 2024.
Estimated Average Forecasted Spotify Price: 294.20. Positive monthly dynamics of the instrument is expected with 8.365% volatility is expected.

Pessimistic forecast: 283.61

Optimistic: 309.50


Spotify stock forecast for Apr 2024.
Estimated Average Forecasted Spotify Price: 270.66. Negative monthly dynamics of the instrument is expected with 8.515% volatility is expected.

Pessimistic forecast: 261.73

Optimistic: 286.09


Spotify stock forecast for May 2024.
Estimated Average Forecasted Spotify Price: 287.98. Positive monthly dynamics of the instrument is expected with 8.140% volatility is expected.

Pessimistic forecast: 273.01

Optimistic: 297.20


Spotify stock forecast for Jun 2024.
Estimated Average Forecasted Spotify Price: 280.78. Negative monthly dynamics of the instrument is expected with 10.708% volatility is expected.

Pessimistic forecast: 269.27

Optimistic: 301.56


Spotify stock forecast for Jul 2024.
Estimated Average Forecasted Spotify Price: 298.47. Positive monthly dynamics of the instrument is expected with 9.259% volatility is expected.

Pessimistic forecast: 292.50

Optimistic: 322.35


Spotify stock forecast for Aug 2024.
Estimated Average Forecasted Spotify Price: 312.50. Positive monthly dynamics of the instrument is expected with 12.937% volatility is expected.

Pessimistic forecast: 288.13

Optimistic: 330.94


Spotify stock forecast for Sep 2024.
Estimated Average Forecasted Spotify Price: 341.88. Positive monthly dynamics of the instrument is expected with 11.692% volatility is expected.

Pessimistic forecast: 317.60

Optimistic: 359.65


Spotify stock forecast for Oct 2024.
Estimated Average Forecasted Spotify Price: 373.33. Positive monthly dynamics of the instrument is expected with 5.324% volatility is expected.

Pessimistic forecast: 365.12

Optimistic: 385.65


Spotify stock forecast for Nov 2024.
Estimated Average Forecasted Spotify Price: 370.34. Negative monthly dynamics of the instrument is expected with 13.289% volatility is expected.

Pessimistic forecast: 340.72

Optimistic: 392.93


Spotify stock forecast for Dec 2024.
Estimated Average Forecasted Spotify Price: 387.75. Positive monthly dynamics of the instrument is expected with 11.328% volatility is expected.

Pessimistic forecast: 370.30

Optimistic: 417.61



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