New York, Feb 16, 2026, 19:25 (EST) — Market closed.
- Spotify shares last traded at $458.34 on Friday, up 2.8% from the prior close.
- U.S. markets were shut Monday for Presidents Day; trading resumes Tuesday.
- Investors are still digesting Spotify’s recent outlook and the next phase of its pricing and product push.
Spotify Technology S.A. shares (SPOT.N) last traded at $458.34, up 2.8% from the prior close, after Friday’s session swung between $444.81 and $461.92. Volume was about 3.7 million shares.
U.S. stocks will reopen on Tuesday after Presidents Day shut the New York Stock Exchange and Nasdaq on Monday, freezing the tape for a day and pushing any fresh positioning into the next session. (AP News)
That matters for Spotify because the stock is still settling after last week’s results, when it forecast first-quarter operating income of 660 million euros ($786 million), above analysts’ average estimate, even as its 4.5 billion-euro revenue view came in slightly below. Spotify said it added a record 38 million monthly active users (MAUs) — people who used the app in a month — taking the total to 751 million, and ended the quarter with 290 million paying subscribers; gross profit margin, the share of revenue left after direct costs, rose to 33.1%. Co-CEO Alex Norstrom said, “We are seeing lots more growth coming from emerging markets,” while Gustav Soderstrom warned that “Spammy AI music is not a new problem.” (Reuters)
Spotify has also been widening the product pitch beyond music and podcasts. On Feb. 5 it said it would start selling physical books inside its app through a partnership with Bookshop.org, with Bookshop handling pricing and fulfilment and Spotify taking an affiliate fee. Spotify also said its Audiobooks in Premium offering has expanded to 22 markets and its English-language catalogue to more than 500,000 titles. (Reuters)
Pricing is still the other live wire. Spotify said in January it would raise the monthly price of its Premium plan by $1 to $12.99 in the United States, Estonia and Latvia, with the new rate taking effect on customers’ billing dates starting in February; finance chief Christian Luiga has said earlier price hikes did not lead to a meaningful jump in churn. (Reuters)
The company is leaning into artificial intelligence features, too. Spotify rolled out an AI-driven “prompted playlist” tool for Premium users in the United States and Canada, saying it lets listeners steer recommendations with their own commands and can refresh on a set schedule. “They want to actively shape their own experience,” said Molly Holder, Spotify’s vice president of product personalization. (Reuters)
In filings, Spotify’s investor site shows a Form 6-K dated Feb. 10, tied to its latest results release. (Spotify Investors)
But the next leg is not guaranteed. Any sign that price rises cool demand, or that content and licensing costs start to eat into the margin gains again, could bite fast — especially with bigger rivals a click away.
For now, the near-term catalyst is simple: Tuesday’s reopening bell. Traders will watch whether SPOT holds Friday’s rebound in the first hours back and whether fresh analyst notes after the holiday reshape the post-earnings range.
