# Spotify Stock Analysis: November 2025 Market Trends, Earnings Preview & Growth Outlook
Explore Spotify's current stock performance as SPOT trades around $645, representing a $134 billion market cap ahead of crucial Q3 2025 earnings. This episode examines increased trading volumes, analyst projections targeting $731, and the impact of recent premium price increases on subscriber growth. We analyze Benchmark's bullish $800 price target alongside Spotify's expansion toward 700 million users globally. Learn why investors remain cautiously optimistic about SPOT's long-term potential despite its high P/E ratio, focusing on AI investments, podcasting strategy, and the company's path to sustained profitability in the competitive digital media landscape.
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