Trump Administration Warns of Fees and Restrictions on EU Firms Like Spotify and DHL If 'Discriminatory' Actions Against US Companies Persist | Intellectia.AI
Trump Administration Warns of Fees and Restrictions on EU Firms Like Spotify and DHL If 'Discriminatory' Actions Against US Companies Persist
Written by Emily J. Thompson, Senior Investment Analyst
U.S. Trade Warnings: The Trump administration has warned that it may impose fees or limits on European service providers if the EU continues what the U.S. calls "discriminatory" actions against American companies, citing unfair lawsuits and regulatory pressures faced by U.S. firms in Europe.
Retaliation Against EU Regulations: The U.S. Trade Representative indicated that American service providers are under increasing pressure in Europe, while European firms enjoy unrestricted access to the U.S. market, prompting potential retaliatory measures against European service firms.
EU's Response: The European Commission has rejected the U.S. accusations, asserting that its regulations apply equally to all companies and are designed to create a fair and safe business environment within the EU.
Increased Tensions: The warning from the U.S. comes amid heightened enforcement actions by European regulators against major tech companies, which has led to significant fines and raised concerns about the impact of the EU's Digital Services Act on American firms.
Wall Street analysts forecast SPOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPOT is 750.79 USD with a low forecast of 525.00 USD and a high forecast of 900.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
Wall Street analysts forecast SPOT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPOT is 750.79 USD with a low forecast of 525.00 USD and a high forecast of 900.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Buy
6 Hold
0 Sell
Moderate Buy
Current: 498.640
Low
525.00
Averages
750.79
High
900.00
Current: 498.640
Low
525.00
Averages
750.79
High
900.00
Goldman Sachs
Neutral -> Buy
upgrade
2026-01-22
New
Reason
Goldman Sachs
Price Target
AI Analysis
2026-01-22
New
upgrade
Neutral -> Buy
Reason
Goldman Sachs upgraded Spotify to Buy from Neutral.
Goldman Sachs
Goldman Sachs
Neutral -> Buy
upgrade
$735 -> $700
2026-01-22
New
Reason
Goldman Sachs
Goldman Sachs
Price Target
$735 -> $700
2026-01-22
New
upgrade
Neutral -> Buy
Reason
Goldman Sachs upgraded Spotify to Buy from Neutral with a price target of $700, down from $735. The firm sees a "more compelling risk/reward" for the shares into Spotify's Q4 report following the recent selloff. The company is well positioned to benefit longer term from steady Premium subscription price increases, the introduction of new premium pricing tiers, and monthly active user growth. Goldman sees Spotify's advertising revenue growth accelerating in 2026 and beyond. The company's "long-term secular growth themes" are underappreciated at current share levels, the firm contends.
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Goldman
NULL -> Buy
upgrade
$NULL
2026-01-22
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Reason
Goldman
Price Target
$NULL
2026-01-22
New
upgrade
NULL -> Buy
Reason
Spotify jumps 2% to $508.57 after Goldman upgrade to Buy
Barclays
Overweight
downgrade
$700 -> $625
2026-01-20
New
Reason
Barclays
Price Target
$700 -> $625
2026-01-20
New
downgrade
Overweight
Reason
Barclays lowered the firm's price target on Spotify to $625 from $700 and keeps an Overweight rating on the shares. The firm says that despite tactical concerns weighing on Disney and Spotify, it expects the companies to be long-term beneficiaries of the significant shifts happening in the media industry.
About SPOT
Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.