As of 2026-03-21, the Relative Valuation of Spotify Technology SA (SPOT) is 437.14 USD. This relative valuation is based on P/E multiples. With the latest stock price at 474.54 USD, the upside of Spotify Technology SA based on Relative Valuation is -7.9%.
The range of the Relative Valuation is 308.39 - 490.65 USD.
| Range | Selected | |
| Trailing P/E multiples | 31.8x - 39.5x | 38.4x |
| Forward P/E multiples | 21.9x - 34.0x | 28.2x |
| Fair Price | 308.39 - 490.65 | 437.14 |
| Upside | -35.0% - 3.4% | -7.9% |
| Date | P/E |
| 2026-03-19 | 38.81 |
| 2026-03-18 | 41.56 |
| 2026-03-17 | 42.24 |
| 2026-03-16 | 42.14 |
| 2026-03-13 | 41.50 |
| 2026-03-12 | 40.98 |
| 2026-03-11 | 41.37 |
| 2026-03-10 | 42.65 |
| 2026-03-09 | 43.82 |
| 2026-03-06 | 45.46 |
| 2026-03-05 | 44.40 |
| 2026-03-04 | 42.95 |
| 2026-03-03 | 41.82 |
| 2026-03-02 | 40.80 |
| 2026-02-27 | 41.41 |
| 2026-02-26 | 39.86 |
| 2026-02-25 | 37.26 |
| 2026-02-24 | 37.45 |
| 2026-02-23 | 37.62 |
| 2026-02-20 | 39.46 |
| 2026-02-19 | 39.03 |
| 2026-02-18 | 38.41 |
| 2026-02-17 | 37.22 |
| 2026-02-13 | 36.86 |
| 2026-02-12 | 35.85 |
| 2026-02-11 | 39.18 |
| 2026-02-10 | 38.28 |
| 2026-02-09 | 33.36 |
| 2026-02-06 | 33.99 |
| 2026-02-05 | 33.20 |
| 2026-02-04 | 35.43 |
| 2026-02-03 | 38.12 |
| 2026-02-02 | 40.90 |
| 2026-01-30 | 40.24 |
| 2026-01-29 | 40.53 |
| 2026-01-28 | 40.91 |
| 2026-01-27 | 41.15 |
| 2026-01-26 | 41.23 |
| 2026-01-23 | 41.27 |
| 2026-01-22 | 40.10 |
| 2026-01-21 | 40.39 |
| 2026-01-20 | 41.12 |
| 2026-01-16 | 40.57 |
| 2026-01-15 | 40.86 |
| 2026-01-14 | 42.54 |
| 2026-01-13 | 43.00 |
| 2026-01-12 | 42.62 |
| 2026-01-09 | 43.38 |
| 2026-01-08 | 44.53 |
| 2026-01-07 | 45.81 |