January 20, 2026
Spotify Stock (SPOT) Hit with Multiple Price Target Drops—Wells Fargo, Bernstein, Oppenheimer, UBS, Cantor Fitzgerald, Guggenheim Soften Their Forecasts for 2026

Spotify’s stock is still on the decline in 2026 despite broader market upticks. Now, a flurry of reduced price targets are buffeting SPOT after a Goldman Sachs downgrade last year. It’s no secret that Spotify’s stock (SPOT) has been trending downward since last year. While multiple contributing factors are at play—including the departure of co-founder [&#8230…
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