Spotify stock Soars, But Can the Rally Continue?
New York, NY – June 28, 2025 – Spotify Technology S.A. (NYSE: SPOT) is currently experiencing a important surge, entering it’s fourth month of substantial gains. Shares have climbed from approximately $500 in early April to nearly $750 as of late June, representing a roughly 50% increase [[source]]. Year-to-date (YTD), the stock has seen an extraordinary return of about 64%.
Despite this impressive run, analysts offer a mixed outlook. While the majority (20 out of 29) rate SPOT stock as a ‘Buy’, a significant portion (eight) recommend a ‘Hold’, and only one suggests a ‘Sell’ [[source]]. The consensus price target currently sits around $630, wich is 16% below the stock’s current trading price.
Key Factors to Watch:
* New Features: Spotify is preparing to launch a lossless audio tier, bringing it in line with competitors like Apple Music and Amazon Music.Additionally, a music import tool is in progress, potentially attracting users hesitant to lose their music history on other platforms
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