Spotify’s Stock (SPOT) Finds Support, Analyst Raises Price Target
Spotify’s stock (NYSE: SPOT) has seen another price target raise, this time as a result of the firm’s own price raises. Sentiment has been firmly bullish this year, with the Spotify stock price having added 61% since the start of 2025, and 135% over the past 12 months. Strong user metrics, successful price increases, and a series of bullish analyst ratings have all boosted sentiment, even amidst potential macroeconomic headwinds.
The latest vote of confidence comes from Bernstein analyst Ian Moore, who raised the firm’s price target on Spotify to $840 from $825, while maintaining an “Outperform” rating.
This bullish outlook is predicated on the expectation that robust user growth and the positive impact of recent price hikes…
