Spotify Technology
$491.40Change from previous close: +0.82%Absolute change: +$4.02
Valuation
Data as of October 2, 2026
Valuation multiples
- Market cap
- $101.04B
- Enterprise value
- $94.51B
- P/E (trailing 12 months)
- 27.0
- Forward P/E
- 28.2
- PEG
- 1.38
- Price/book
- 10.6
- Price/sales
- 5.58
- EV/EBITDA
- 35.2
- EV/revenue
- 5.22
Profitability and growth
- Gross margin
- 32.8%
- Operating margin
- 13.7%
- Net margin
- 18.4%
- ROE
- 44.5%
- ROA
- 12.2%
- Revenue growth (year over year)
- 13.9%
Financial health
- Total cash
- $6.98B
- Total debt
- $466M
- Debt/equity
- 0.06
- Current ratio
- 2.11
- Quick ratio
- 1.60
Dividends
- Payout ratio
- 0.0%
Analysts and estimates
- Average price target
- $593.43
- Median price target
- $604.88
- High price target
- $702.44
- Low price target
- $409.76
- Analysts with a price target
- 37
- Consensus
- Buy
- Forward EPS
- $17.45
- EPS estimate, current year
- $12.25
Shares and trading
- Beta
- 1.59
- Average volume
- 1.68M
- Shares outstanding
- 205.62M
- Float
- 157.08M
- Institutional ownership
- 68.8%
- Insider ownership
- 23.5%
- Short interest (% of float)
- 2.9%
- Short ratio (days)
- 2.85