10 Best Global Stocks to Buy According to Wall Street Analysts

7. Spotify Technology S.A. (NYSE:SPOT)

Upside Potential as of April 20: 19.98% 

Spotify Technology S.A. (NYSE:SPOT) is the world’s most popular audio streaming subscription service with 751 million users, including 290 million subscribers, in 184 markets.

On April 15, KeyBanc lifted its price target on Spotify Technology S.A. (NYSE:SPOT) from $740 to $745, while keeping an ‘Overweight’ rating on the shares. The bumped target reflects an upside of over 42% from the current price levels.

KeyBanc expects Spotify Technology S.A. (NYSE:SPOT) to post solid results in its upcoming Q1 2026 report on April 28. The analyst expects the company to develop a pipeline for significant net ad growth in the second half of the year. Moreover, the analyst firm noted the improving product velocity and personalization due to AI, which it believes should drive at least mid-teens annual revenue growth alongside operating margins exceeding 20%.

Spotify Technology S.A. (NYSE:SPOT) is forecasting an operating income of €660 million in the first quarter, while it expects its revenue to come in at €4.5 billion. The company is also targeting total MAUs of 759 million for Q1, implying the addition of about 9 million net new MAUs. Meanwhile, total premium subscribers are expected to be 293 million, implying the addition of about 3 million net new subscribers during the quarter.