Spotify Stock Tanks and Erases All 2025 Gains

2026 is proving to be a challenge for music stream service Spotify. According to Ashley King at Digital Music News, Spotify has taken significant hits to its stock price, similar to other tech companies and similar sectors. Per Digital Music News, its stock ended just above $440 on Wednesday. The massive dip reveals that SPOT lost all of its 2025 stock surge, which reached $785 in June 2025.

Credit: Digital Music News

King explains that multiple tech companies, such as Spotify, are under pressure due to the ever-rotating trends and updates within the market, including AI technology and social-economic instability. Thus, AI poses a significant challenge to Tech investors. Moreover, price hikes and features heavily affect long-term subscription earnings. The dip happened just after it raised its pricing, while other competitors like Amazon Music and Apple Music have kept their prices steady.

However, they will release their earnings reports next week. If things remain on the rise, the dip might elevate to a higher number. After all, Ashley King explains that Spotify locked in ‘Buy’ ratings from Goldman Sachs and Citigroup. Nonetheless, with options like playlist transfer between stream services and features available for other companies, the future is uncertain for Spotify.

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