Now it's about to go public — and one analyst thinks $43.5 billion is more like it. Add another $1.9 billion in cash that Spotify has on its balance sheet and you get $43.5 billion. But there's no way of knowing yet what price Spotify will start trading at once it's a public company. The only other analyst who has a target on Spotify is James Cordwell of Analytic Equities. Cordwell's price target is $160.

Source: CNN March 29, 2018 18:11 UTC