Spotify (NYSE:SPOT) is a leading music streaming service that offers a vast library of songs, podcasts, and other audio content to users worldwide. The company competes with other streaming giants like Apple Music and Amazon Music. On October 21, 2025, Morgan Stanley set a price target of $800 for Spotify, suggesting a potential price increase of 18.43% from its current price of $675.53.
Wall Street analysts are optimistic about Spotify's future. The stock holds an average brokerage recommendation (ABR) of 1.73, indicating a favorable outlook. This rating leans towards a Strong Buy, with 21 out of 35 brokerage firms giving Spotify a Strong Buy recommendation. This confidence from analysts suggests a positive sentiment towards Spotify's growth potential.
Spotify's stock price is currently $675.53, reflecting a 0.60% increase or $4.01. The stock has fluctuated between $667.50 and $682.25 today. Over the past year, Spotify's stock has seen a high of $785 and a low of $376, showcasing its volatility. Despite this, the company's market capitalization is approximately $137.54 billion, indicating its significant presence in the market.
Today's trading volume for Spotify is 1,015,361 shares on the NYSE. This level of activity reflects investor interest and confidence in the stock. With a strong market position and positive analyst recommendations, Spotify continues to be a key player in the music streaming industry.
