Added to YB: 2026-03-31
Pitch date: 2026-02-04
UMG.AS [bullish]
Universal Music Group N.V.
-16.49%
current return
Author Info
No bio for this author
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 28.5B
Pitch Price
EUR 19.38
Price Target
33.00 (+112%)
Dividend
3.34%
EV/EBITDA
13.64
P/E
18.74
EV/Sales
2.52
Sector
Entertainment
Category
value
Universal Music Group N.V. - $UMG.AS
UMG.AS: Music leader at 17.5x 2026 EPS vs 25x historical avg & peer WMG, penalized on overblown AI fears. Streaming 2.0 deals w/ DSPs drive wholesale price hikes; mgmt guides 8-10% subscription rev CAGR + €250M cost saves. AI partnerships (Udio, YouTube, META) create new royalty streams vs disruption threat. US listing catalyst near. 40% upside to €27 on 22x multiple, 70% to €33 at 25x normalized valuation.
Read full article (6 min)