Is Spotify (SPOT) the Best Steve Cohen Stock To Buy?

Spotify Technology S.A. (NYSE:SPOT) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.

Is Spotify (SPOT) the Best Steven Cohen Stock To Buy?

On May 22, 2026, Spotify Technology S.A. (NYSE:SPOT), in partnership with Live Nation (LYV), announced the launch of “Reserved by Spotify,” a first-of-its-kind loyalty program that rewards superfans with early concert ticket access.  The program uses daily music engagement data like organic streams, video views, and playlist saves to identify an artist’s most dedicated superfans among active Premium subscribers. Users who are eligible will receive in-app notifications and email alerts, opening an exclusive, dedicated pre-sale window to purchase up to two tickets. The companies will launch the program in the U.S. this summer with a plan to span global stadium, arena, and amphitheater venues.

In a separate event, Spotify Technology S.A. (NYSE:SPOT) saw its price target from Cantor Fitzgerald raised from $430 to $520. Cantor kept a Neutral rating on the company’s stock. As of May 26, 2026, 43 analysts following the stock’s movements have assigned it a consensus Buy rating and anticipate a 13.27% average upside over the next year, according to CNN.

Founded in 2006, Spotify Technology S.A. (NYSE:SPOT) is a leading digital music streaming platform. The company is based in Luxembourg and operates through the Premium and Ad-Supported segments.

While we acknowledge the risk and potential of SPOT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SPOT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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