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News 2026-08-05 15:48 UTC

Spotify Technology Posts Q2 Bear, Guides to Smallest Q3 MAU Growth Since 2018

Shares of Spotify Technology SA (NYSE: SPOT ) rallied in early trading on Wednesday, after the company reported upbeat second-quarter results. Here are the key analyst takeaways: Rosenblatt Securities analyst Barton Crockett reiterated a Neutral rating, while cutting the price target from $531 to $527. JPMorgan analyst