Spotify shares edge lower as MoffettNathanson lifts target
23.06.2026 - 14:07:00 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 12:03.
Spotify Technology SA (LU1778762911) trades on NYSE after MoffettNathanson lifted its price target to $499 on June 17, according to MarketScreener. The note sits alongside the latest close of $458.74 on June 22, a clean reference point for the Spotify shares. MarketScreener consensus page
MoffettNathanson moves first
The June 17 update kept the rating at Neutral while lifting the target from $492 to $499, MarketScreener shows. That makes the research note the clear market hook in Tuesday's coverage. MarketBeat quote page
Tuesday's analyst lens
Tuesday's focus is the analyst map around NYSE:SPOT, where market commentary continues to cluster around valuation and margin expectations. The stock page on MarketBeat lists the current sector as Computer and Technology and the industry as Internet Software. MarketBeat news page
All news and analysis on the Spotify shares
Use this hub for analyst notes, market commentary and the latest listed-company coverage on Spotify Technology S.A.
How Spotify makes money
Spotify's core product is the streaming platform sold under one app for music, podcasts and audiobooks. The subscription model and ad-supported tier remain the backbone of the business on NYSE. MarketBeat company profile
NYSE close in brief
The Spotify shares (LU1778762911) trade on June 22, 2026, at $458.74 on NYSE.
Spotify Technology SA at a glance
- Company: Spotify Technology S.A.
- ISIN: LU1778762911
- Ticker: SPOT
- Trading venue: NYSE
- Price (as of 2026-06-22, 15:59): $458.74
- Sector / industry: Computer and Technology / Internet Software
- Index membership: not listed in the provided sources
Disclaimer: This article is for information only and does not constitute investment advice.
