Spotify stock (NYSE: SPOT) has experienced a significant decline of nearly 19% since mid-February 2025, dropping from its record high of $653 amid broader market corrections. Despite this downturn, the stock currently trades at approximately $508, maintaining substantial gains of about 100% year-over-year and 11% since the start of 2025.

Recent analyst activity reflects mixed sentiments about SPOT's future. JPMorgan recently increased its target price to $730, while Redburn Atlantic analyst Ed Vyvyan projects a more conservative $545 per share.

The company's shift toward profitability and higher-priced offerings has attracted investor attention, marking a departure from its previous strategy of aggressive acquisitions and substantial spending. To maintain market confidence, Spotify must continue demonstrating subscriber growth while improving its bottom line.

Notable insider trading activity includes:

• CEO Daniel Ek: Sold 50,000 shares for $29.21 million (March 5)
• HR head Katarina Berg: Sold 2,166 shares for $1.08 million (March 10)
• Former general counsel Eve Konstan: Sold 777 restricted shares for $481,740 (March 3)

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