Spotify (NYSE:SPOT) faces sharply divided Wall Street sentiment after its Q1 2026 earnings, with four firms cutting price targets while Rosenblatt issued a contrarian upgrade. Spotify stock closed at $434.

Spotify reported results for the first quarter of 2026 that were in line or slightly ahead of expectations across all key metrics — gaining 3 million Premium subscribers in the period to reach 293 million total,

Artificial intelligence (AI) investments could weigh on the music streamer's bottom line.

The streaming-audio company recently announced an expansion into fitness content through a partnership with Peloton.

The audio streamer posted record operating income for the first quarter, and price hikes boosted revenue, but its guidance for the current second quarter for that metric and premium subs disappointed

According to Downdetector, many were struggling to get on the Spotify website on Wednesday.

The music lovers experienced a quiet morning because Spotify experienced a major service outage which affected its entire system. The service problems reached their highest point at 10:00am GMT