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Universal Music Group (UMG-AMS) stands out as the largest music owner globally, boasting an impressive roster that includes iconic artists like The Beatles, Taylor Swift, and Drake. The company has been assertive in its business strategies, notably removing its music from TikTok to enforce contract renegotiations. Despite the competitive landscape, UMG maintains a significant portion of its revenue—over 20%—from music released more than two decades ago, reflecting its strong legacy and catalog. Analysts anticipate a 10% annual revenue growth, driven by high margins and increasing cash flow, particularly as music finds expanding avenues in video games and fitness. With a yield of 1.7% and a recommended price target of $30.13, UMG is positioned as a core holding for investors seeking stability and growth in the music industry.
It is the largest company in the music business. The monetization of music continues and streaming is of great benefit to this company. Has huge free cash flow and unique franchises as well as being able able to outbid others to add to these franchises. More and more music is heard through the Internet which means advertising revenue. Buy 17 Hold 3 Sell 2
(Analysts’ price target is $26.27)Universal Music Group is a OTC stock, trading under the symbol UMG-AMS on the (). It is usually referred to as or UMG-AMS
In the last year, there was no coverage of Universal Music Group published on Stockchase.
Universal Music Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Universal Music Group.
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0 stock analysts on Stockchase covered Universal Music Group In the last year. It is a trending stock that is worth watching.
On , Universal Music Group (UMG-AMS) stock closed at a price of $.
Largest owner of music in the world -- Beatles, Taylor Swift, Drake, and others. Took all music off TikTok, forced contract renegotiations. Over 20% of UMG revenue from music is from music made over 20 years ago. Massive free cashflow. Best in the business.
(Analysts’ price target is $30.13)Music is growing in video games, streaming, health and fitness. Looking for revenues to grow by 10% a year, higher margins, faster earnings growth, generating free cashflow. Tremendous scale and value. An absolute core holding. (Price target is in euros.) Yield is 1.7%.