I think UMGNF should trade at a higher multiple given the improved earnings growth profile. As of today, UMGNF trades at ~24.5x forward PE, which is lower than FY23/24, where earnings growth was <10%.

UMGNF subscription revenue growth slowed to 6.9% from 12.5%. The risk is that growth may slow down even more in the near term as UMGNF lags last year's price increases.

In a strategic move, Universal Music Group (UMG), the world's largest music label, has confidentially filed for a U.S.

Based on analysts offering 12 month price targets for UMGNF in the last 3 months. The average price target is $0.00 with a high estimate of $0.00 and a low estimate of $0.00.

Check out our UMGNF stock chart to see a history of performance, current stock value, and a timeline of financial events & indicators for a full analysis today.

Universal Music Group (OTCPK:UMGNF) $30.123 -0.1018[-0.34%] At close: Apr 5 Get Report Watch Overview News Earnings Guidance Dividends Analyst Ratings Insider Trades Short Interest ...

The top three record labels - Universal Music Group (OTCPK:UMGNF), Warner Music (NASDAQ:WMG) and Sony Music - are in talks to license their music with AI startups Udio and Suno, Bloomberg reported ...

UMGNF Earnings Date Earnings announcement* for UMGNF: Our vendor, Zacks Investment Research, hasn't provided us with the upcoming earnings report date.

The companies said the agreements are for recorded music, and music publishing focused on growth, innovation, and advancement of artists’ and songwriters’ success. Under the new contracts ...

Shares of UMGNF stock opened at $24.00 on Thursday. Universal Music Group has a 1 year low of $23.65 and a 1 year high of $32.24.

Understand the cash flow statement for Universal Music Group N.V. (UMGNF) – learn where the money comes from and how the company spends it.

Kepler Capital analyst Conor O’Shea maintained a Hold rating on Universal Music Group (UMGNF – Research Report) on April 14 and set a price target of €25.00.