Universal Music Group/€UMG

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About Universal Music Group

Universal Music Group is a prominent player in the music entertainment industry, specializing in music production, publishing, and licensing. The company manages an extensive catalog of recordings and songs across various genres, working with a wide array of artists globally. Originating from the merger of several historic music companies, it holds a rich legacy in the industry. Headquartered in Hilversum, Netherlands, Universal Music Group operates internationally, leveraging its extensive reach to sustain its global presence. Its unique strategic advantage lies in its comprehensive portfolio of artists and its ability to adapt to digital advancements in music consumption.

Ticker

€UMG

Primary listing

AEX

Employees

9,636

UMG Metrics

BasicAdvanced
€43B
16.45
€1.41
0.85
€0.52
2.24%

What the Analysts think about UMG

Analyst ratings (Buy, Hold, Sell) for Universal Music Group stock.

Bulls say / Bears say

Universal Music Group’s first-quarter revenue grew 11.8% year over year to €2.90 billion, beating the consensus estimate of €2.83 billion on the strength of concerts and vinyl sales.
In Q1 2025, streaming and subscription revenue—which account for more than half of total sales—rose 9.5% to €1.60 billion, highlighting strong global digital subscriber growth under its “Streaming 2.0” strategy.
Universal Music is close to securing landmark AI licensing deals with startups like ElevenLabs and major tech companies including Google and Spotify, paving the way for a high-margin micropayment model for AI-generated content.
Negotiations to license music for AI-generated tracks involve complex attribution and compensation issues, and executives admit there could be delays in execution and legal risks as AI use becomes harder to track and regulate.
The company’s confidential U.S. listing filing did not specify the amount to be raised or the offering size, creating uncertainty around possible share dilution and its capital structure.
UMG’s valuation, based on a €49.65 billion close on the Dutch exchange and a 10% year-to-date stock increase, points to limited upside unless growth accelerates.
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.

UMG Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

UMG Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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