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MarketBeat
MarketBeat
Leo Miller

Spotify's "North Star" Outlook Was Music to Investors Ears

Spotify SPOT North Star Investor Day MarketBeat

Shares of the world’s most dominant player in music streaming, Spotify Technology (NYSE: SPOT), have come under significant pressure in the past 52 weeks. In June of last year, Spotify hit its all-time highs, trading well above $750. However, the stock has come way down since, now trading more than 30% below those highs.

Over this time, growth has fallen considerably, raising alarms around Spotify’s valuation, which reached elevated levels in 2025. Spotify’s latest earnings report didn’t help either, with shares tanking more than 12% afterward.

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