Spotify Stock Drops in After- Hours Trading Ahead of Earnings Report
Sweden- grounded Spotify Technology( NYSE SPOT) is set to report its daily earnings results before the bell on Tuesday,2026-02-10.
Spotify Technology stock analysis highlighting analyst ratings, revenue growth forecasts, and improving profitability outlook from Wall Street.

Wall Street analyst ratings on Spotify Technology to earn $2.95 per share.
KeyBanc kept their Buy rating on Spotify even with their lower target price, calling current
levels of 15.3x 2027E EV/FCF very “Front-ended” given fundamentals. According to
InvestingPro, Spotify trades slightly below fair value based on their overall Fair Value of the
stock. The company currently has a P/E ratio of 53.2. Spotify has a healthy PEG ratio of 0.56.
KeyBanc believes that Spotify “still has pricing power and thinks AI is enhancing product
velocity and creating efficiencies for the streaming giant.”
KeyBanc’s operating profit estimates for Spotify stock price target cut, checking in 1% above
Street estimates for 2026 and 5% higher for 2027 despite recent downward revisions.
Warner Bros. DiscoveryLIVE NATION ENTERTAINMENT TKO GROUP HOLDINGS
INC.Producot industry averagePEG Ratio1.0711.1642Price to book ratio1.410.572.02Profit
margin9.012.415.07Return on equity10.815.813.63Revenue growth12.72%12.653.89Spotify
Technology
Analyst Roth increased their Spotify earnings preview 2026 target to $84 from $78 saying that
the company has entered a “sustainable virtuous circle where continuously improving
creator/development tools are producing higher quality games, which enhances the user
experience, and drives higher engagement.”
He also stated that Roblox has done an effective job expanding its audience of 18+ players,
which grew 50% last year and “monetized 40% higher than under-18-users,” according to Roth.
Analysts are forecasting that Spotify will see a 6.6% rise in fourth quarter revenue to $4.9 billion
and that adjusted profit will soar 62% to $3.39 per share, per Koyfin.

