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Added to YB: 2026-10-15

Pitch date: 2026-10-13

UMG.AS [neutral]

Universal Music Group N.V.

+1.73%

current return

Author Info

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Company Info

Universal Music Group N.V. operates as a music company worldwide. The company operates through Recorded Music, Music Publishing, and Merchandising & Other segments.

Market Cap

EUR 27.0B

Pitch Price

EUR 15.33

Price Target

N/A

Dividend

3.49%

EV/EBITDA

13.81

P/E

84.61

EV/Sales

2.50

Sector

Entertainment

Category

growth

Show full summary:
Universal Music Group (UMG Netherlands): Streaming recovery puts costs in focus

UMG.AS (update): Universal Music Group is expected to deliver stronger Q3 paid-streaming growth as industry subscriptions, platform price increases and a more competitive release slate support revenue and potential market-share recovery, though a demanding prior-year comparison may limit acceleration. The key issue is whether growth converts into stronger earnings amid elevated professional and legal expenses, Downtown Music integration costs and reinvestment of savings in AI.

Read full article (2 min)