
Spotify Stock Tumbles 20% from February Peak Despite Strong Year-Over-Year Gains
Spotify stock (NYSE: SPOT) has experienced a significant decline of nearly 19% since mid-February 2025, amid broader market corrections. Despite this downturn, the stock maintains a robust position above $500 per share.

Spotify stock price chart March 2025
Current Performance Metrics:
- Trading at approximately $508 (4% daily increase)
- Down 18.5% from February 11th peak
- Below 52-week high of $653
- Up 11% since start of 2025
- Nearly 100% increase from March 2024
Recent analyst outlooks remain optimistic:
- JPMorgan raised target price to $730
- Redburn Atlantic analyst Ed Vyvyan projects $545
Notable Recent Insider Sales:
- Eve Konstan (former general counsel): 777 shares for $481,740
- Daniel Ek (CEO): 50,000 shares for $29.21 million
- Katarina Berg (HR head): 2,166 shares for $1.08 million
The current correction appears linked to Spotify's rapid stock appreciation throughout 2024 and early 2025, driven by the company's increased focus on profitability and premium offerings. While the recent decline is substantial, the company's fundamental growth trajectory and market position remain strong, with continued emphasis on subscriber growth and sustainable profitability replacing previous aggressive acquisition strategies.

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