Universal Music Group N.V. (AMS:UMG)
Netherlands flag Netherlands · Delayed Price · Currency is EUR
18.78
+0.08 (0.40%)
Jun 19, 2026, 5:35 PM CET

Universal Music Group Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Universal Music Group stock has a consensus rating of "Buy" and an average price target of €25.81. The average 1-year stock price forecast is 37.47% higher than the current stock price, while the lowest is €15.00 (-20.11%) and the highest is €48.10 (+156.19%).

Price Target: €25.81 (+37.47%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price€15.00€25.81€25.00€48.10
Change-20.11%+37.47%+33.16%+156.19%
* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for Universal Music Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy91012101010
Buy332222
Hold655666
Sell111000
Strong Sell111111
Total202021191919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
€41.00€48.10
BuyMaintains€41.00€48.10+156.19%May 15, 2026
Bernstein
Bernstein
Buy
Maintains
€29.00
BuyMaintains€29.00+54.46%May 11, 2026
Guggenheim
Guggenheim
Buy
Maintains
€22.00
BuyMaintains€22.00+17.18%Apr 30, 2026
Kepler Capital
Kepler Capital
Buy
Maintains
€23.00
BuyMaintains€23.00+22.50%Apr 30, 2026
TD Cowen
TD Cowen
Buy
Maintains
n/a
BuyMaintainsn/an/aApr 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.54B
from 12.51B
Increased by 8.24%
Revenue Next Year
14.58B
from 13.54B
Increased by 7.69%
EPS This Year
1.06
from 1.03
Increased by 2.86%
EPS Next Year
1.14
from 1.06
Increased by 8.07%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
8.50B10.34B11.11B11.83B12.51B13.54B
Revenue Growth
14.42%21.59%7.43%6.54%5.69%8.24%
Gross Profit
3.90B4.59B4.90B5.09B5.31B5.71B
Gross Margin
45.81%44.36%44.11%42.99%42.46%42.20%
Operating Income
1.44B1.65B1.45B1.94B2.14B2.24B
Net Income
886.00M782.00M1.26B2.09B1.53B1.58B
EPS
----1.031.06
EPS Growth
----7.29%2.86%
Forward PE
33.0225.3127.5624.4823.6517.72
Dividend / Share
0.400.510.510.520.520.56
Dividend Growth
-27.50%-1.96%-7.16%
Free Cash Flow
1.52B1.30B1.91B2.06B1.56B1.20B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High13.8B
Avg13.5B
Low12.9B

Revenue Growth

Revenue Growth202620272028
High
10.4%
Avg
8.2%
Low
3.1%

EPS Forecast

EPS202620272028
High1.11
Avg1.06
Low0.99

EPS Growth

EPS Growth202620272028
High
7.8%
Avg
2.9%
Low
-3.9%