UMGNF Stock Recent News

Citi analyst Jason Bazinet raised the firm's price target on Universal Music Group to EUR 27 from EUR 26 and keeps a Neutral rating on the shares.

I maintain my buy rating on UMGNF, driven by robust subscription momentum, ad-supported rebound, and scaling music publishing revenues. Streaming 2.0 strategy and super-premium tiers offer significant ARPU and earnings growth potential, supporting a mid-teens EPS outlook. Valuation remains attractive at 22x forward PE, with potential for re-rating to 28x as earnings growth accelerates.

Universal Music Group's dominant industry position hasn't translated into strong stock performance, with growth and margin expansion consistently falling short of expectations. Recent earnings highlight underwhelming revenue growth, volatile margins, and unpredictable free cash flow, undermining the investment thesis. UMG's valuation has normalized, but ongoing unpredictability in financials and a lack of direct customer pricing power limit upside potential.

Universal Music Group N.V. (OTCPK:UMGNF) Q2 2025 Earnings Conference Call July 31, 2025 12:15 PM ET Company Participants Boyd Muir - Executive VP & COO Lucian Grainge - Chairman & CEO Michael Nash - Executive VP & Chief Digital Officer Conference Call Participants Edward Young - Morgan Stanley, Research Division Jason Boisvert Bazinet - Citigroup Inc., Research Division Julien Roch - Barclays Bank PLC, Research Division Lisa Yang - Goldman Sachs Group, Inc., Research Division Michael C.

Revenue of €2,980 million increased 1.6% year-over-year, or 4.5% in constant currency, driven by growth in the Recorded Music and Music Publishing segments.

Universal Music Group, the company behind stars like Billie Eilish and Taylor Swift, has filed confidentially to go public in the U.S., and is the latest to test a revival in the IPO market.

Universal Music Group disclosed on Monday it had confidentially filed for a U.S. initial public offering, amid growing investor optimism for IPOs.

HILVERSUM, The Netherlands , July 21, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) ("UMG" or the "Company") announced today that it has confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed public offering in the United States of the Company's ordinary shares held by certain shareholders.

HILVERSUM, The Netherlands , July 2, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that it will release its financial results for the second quarter and first half ended June 30, 2025 after the close of the Euronext market on July 31, 2025.

EU antitrust regulators will decide by July 22 whether to clear Universal Music Group's $775 million acquisition of Downtown Music, according to a European Commission filing on Tuesday.