Universal Music Group N.V. (AMS:UMG)
Netherlands flag Netherlands · Delayed Price · Currency is EUR
16.21
+0.16 (1.00%)
Oct 23, 2026, 11:28 AM CEST

Universal Music Group Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Universal Music Group stock has a consensus rating of "Buy" and an average price target of €21.49. The average 1-year stock price forecast is 32.57% higher than the current stock price, while the lowest is €12.00 (-25.97%) and the highest is €39.00 (+140.59%).

Price Target: €21.49 (+32.57%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price€12.00€21.49€20.00€39.00
Change-25.97%+32.57%+23.38%+140.59%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy10118888
Buy223334
Hold658776
Sell001111
Strong Sell111222
Total191921212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Upgrades
€22.50 → €20.00
BuyUpgrades€22.50 → €20.00+23.38%Oct 2, 2026
Guggenheim
Guggenheim
Buy
Maintains
€20.00
BuyMaintains€20.00+23.38%Sep 15, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
€29.00 → €26.50
BuyMaintains€29.00 → €26.50+63.48%Sep 1, 2026
Citi
Citi
Buy
Initiates
€20.00
BuyInitiates€20.00+23.38%Aug 17, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
€31.00 → €25.00
BuyMaintains€31.00 → €25.00+54.23%Aug 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.41B
from 12.51B
Increased by 7.25%
Revenue Next Year
14.37B
from 13.41B
Increased by 7.12%
EPS This Year
1.00
from 1.03
Decreased by -3.23%
EPS Next Year
1.09
from 1.00
Increased by 9.30%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
8.50B10.34B11.11B11.83B12.51B13.41B
Revenue Growth
14.42%21.59%7.43%6.54%5.69%7.25%
Gross Profit
3.90B4.59B4.90B5.09B5.31B5.62B
Gross Margin
45.81%44.36%44.11%42.99%42.46%41.93%
Operating Income
1.44B1.65B1.45B1.94B2.14B2.09B
Net Income
886.00M782.00M1.26B2.09B1.53B1.37B
EPS
----1.031.00
EPS Growth
----7.29%-3.23%
Forward PE
33.0225.3127.5624.4823.6516.26
Dividend / Share
0.400.510.510.520.520.55
Dividend Growth
-27.50%-1.96%-4.91%
Free Cash Flow
----702.00M1.38B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High13.7B
Avg13.4B
Low13.2B

Revenue Growth

Revenue Growth202620272028
High
9.5%
Avg
7.2%
Low
5.7%

EPS Forecast

EPS202620272028
High1.05
Avg1.00
Low0.89

EPS Growth

EPS Growth202620272028
High
1.9%
Avg
-3.2%
Low
-13.6%