5 Top Analysts Upgrade Spotify Technology S.A. Price Targets
5 raises inside 7 days
Price targets move in herds, which is exactly why a cluster of raises inside a week is worth separating from a single analyst changing their mind. Here is who moved, by how much, and what the people inside the company were doing at the same time.
| Analyst | New target | Upside % |
|---|---|---|
| Ian Moore | $725.00 | +24.1% |
| Vikram Kesavabhotla | $675.00 | +15.5% |
| Sean Duffy | $700.00 | +19.8% |
| Andrew Marok | $625.00 | +7% |
| James Heaney | $620.00 | +6.1% |
The upgrades
5 analysts raised targets on SPOT in the last 7 days, the most recent on October 26th, 2026.
The new targets run from $620.00 to $725.00, against a share price of $584.22.
A target is a published opinion with a number attached. It commits the analyst to something checkable, which is more than most commentary does.
| Analyst | New target | Upside % |
|---|---|---|
| Ian Moore | $725.00 | +24.1% |
| Vikram Kesavabhotla | $675.00 | +15.5% |
| Sean Duffy | $700.00 | +19.8% |
| Andrew Marok | $625.00 | +7% |
| James Heaney | $620.00 | +6.1% |
What insiders did over the same period
Over six months the filings record $0 of open-market buying and $13.08 million of selling by company insiders.
Insiders were net sellers, which puts their money on the other side of the upgrades. Sales can be scheduled under a 10b5-1 plan and are not necessarily a view on value.
Analysts publish opinions; insiders publish transactions. When the two disagree it is worth knowing which one has money behind it.
- October 12th, 2026sellSoderstrom Gustav · CEO$1.39 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$3.32 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$984,464Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$884,688Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$963,926Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$810,038Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$2.15 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$572,381Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$20,950Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$680,729Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$83,147Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$1.21 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$1.39 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$3.32 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$984,464Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$884,688Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$963,926Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$810,038Form 4
- October 12th, 2026sellSoderstrom Gustav · CEO$2.15 millionForm 4
- October 12th, 2026sellSoderstrom Gustav · CEO$572,381Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$20,950Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$680,729Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$83,147Form 4
- September 14th, 2026sellSoderstrom Gustav · CEO$1.21 millionForm 4
The bottom line
A wave of raises tells you sentiment moved. The filings tell you whether anyone inside the building agreed. Not investment advice. Summarized from public SEC Form 4 and congressional disclosure data and analyst ratings data.
