Spotify Stock (SPOT) Outlook 2026: Price Hikes, Music Videos and Wrapped 2025 Fuel a New Phase for Investors
Spotify shares traded near $603 on December 11, 2025, up about 36% year-to-date after surging 138% in both 2023 and 2024. Q3 results showed 713 million monthly active users and €899 million net income, with Q4 operating income guidance topping analyst estimates. The company plans further subscription price hikes and a push into music videos. Analysts remain bullish, though some warn on valuation.