Ratios Reveal: Breaking Down Spotify Technology S.A (SPOT)’s Financial Health

Nora Barnes

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Spotify Technology S.A (NYSE: SPOT) closed the day trading at $680.28 down -0.03% from the previous closing price of $680.5. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 1.28 million shares were traded. SPOT stock price reached its highest trading level at $698.85 during the session, while it also had its lowest trading level at $675.45.

Ratios:

For a better understanding of SPOT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.07.

On September 29, 2025, Argus started tracking the stock assigning a Buy rating and target price of $845.

On September 16, 2025, BNP Paribas Exane started tracking the stock assigning a Outperform rating and target price of $900.BNP Paribas Exane initiated its Outperform rating on September 16, 2025, with a $900 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 05 ’25 when MONA SUTPHEN bought 2,758 shares for $704.79 per share.

DUSTEE JENKINS bought 3,384 shares of SPOT for $2,405,675 on Jun 05 ’25. On May 21 ’25, another insider, Rosello Company Limited, who serves as the Director of the company, bought 1,000,000 shares for $658.61 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPOT now has a Market Capitalization of 139986501632 and an Enterprise Value of 135585497088. As of this moment, Spotify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 163.49, and their Forward P/E ratio for the next fiscal year is 51.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.63 while its Price-to-Book (P/B) ratio in mrq is 18.00. Its current Enterprise Value per Revenue stands at 8.161 whereas that against EBITDA is 70.397.

Stock Price History:

The Beta on a monthly basis for SPOT is 1.69, which has changed by 0.8367082 over the last 52 weeks, in comparison to a change of 0.1719923 over the same period for the S&P500. Over the past 52 weeks, SPOT has reached a high of $785.00, while it has fallen to a 52-week low of $362.31. The 50-Day Moving Average of the stock is -2.21%, while the 200-Day Moving Average is calculated to be 8.48%.

Shares Statistics:

Over the past 3-months, SPOT traded about 1.88M shares per day on average, while over the past 10 days, SPOT traded about 1646920 shares per day. A total of 205.78M shares are outstanding, with a floating share count of 147.18M. Insiders hold about 27.52% of the company’s shares, while institutions hold 68.55% stake in the company. Shares short for SPOT as of 1757894400 were 6755592 with a Short Ratio of 3.60, compared to 1755216000 on 7486853. Therefore, it implies a Short% of Shares Outstanding of 6755592 and a Short% of Float of 4.33.

Earnings Estimates

Its stock is currently analyzed by 15.0 different market analysts. The consensus estimate for the next quarter is $2.61, with high estimates of $3.07 and low estimates of $2.17.

Analysts are recommending an EPS of between $10.21 and $4.63 for the fiscal current year, implying an average EPS of $6.05. EPS for the following year is $11.85, with 24.0 analysts recommending between $14.34 and $8.9.

Revenue Estimates

23 analysts predict $4.23B in revenue for. The current quarter. It ranges from a high estimate of $4.27B to a low estimate of $4.2B. As of. The current estimate, Spotify Technology S.A’s year-ago sales were $3.99BFor the next quarter, 23 analysts are estimating revenue of $4.58B. There is a high estimate of $4.76B for the next quarter, whereas the lowest estimate is $4.47B.

A total of 34 analysts have provided revenue estimates for SPOT’s current fiscal year. The highest revenue estimate was $17.48B, while the lowest revenue estimate was $17.05B, resulting in an average revenue estimate of $17.22B. In the same quarter a year ago, actual revenue was $15.67BBased on 34 analysts’ estimates, the company’s revenue will be $19.86B in the next fiscal year. The high estimate is $21.59B and the low estimate is $18.74B.

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