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Nov 4, 2025 4:00 AM

Top Wall Street Forecasters Revamp Spotify Expectations Ahead Of Q3 Earnings

Spotify Technology S.A. (NYSE:SPOT) will release earnings results for the third quarter before the opening bell on Tuesday, Nov. 4.

Analysts expect the Luxembourg-based company to report quarterly earnings at $2.14 per share, up from $1.45 per share in the year-ago period. The consensus estimate for Spotify's quarterly revenue is $4.23 billion, compared to $3.99 billion a year earlier, according to Benzinga Pro.

On Sept. 30, Spotify announced a management transition. The company named Gustav Söderström and Alex Norström as Co-CEOs, succeeding founder Daniel Ek, who will step down as CEO to become Executive Chairman effective January 1, 2026.

Shares of Spotify fell 1.7% to close at $644.09 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can ...