Universal Music Group N.V. (UMGNF) Stock Price & Analysis
Universal Music Group N.V. (UMGNF) — price $15.85 (-0.31%), as of the Oct 2, 2026 trading session; market cap $29.1B. Expected results Oct 29, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Universal Music Group N.V. · UMGNF · Communication Services · Entertainment
Universal Music Group N.V. functions as a worldwide music conglomerate, with its business operations segmented into Recorded Music, Music Publishing, and Merchandising & Other.
Price as of Oct 2, 2026
Key Statistics
No publishable V2 score is available for this stock yet.
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $15.85 | |
| Change on the day | -0.31% | |
| 52-week range | $15.21–$29.10 | |
| Market capitalisation | $29.1B | |
| Price / earnings (trailing) | 81.41 | |
| Shares traded on the day | 3.0K | |
| Beta (volatility vs the S&P 500) | 0.78 | |
| Dividends per share (last 12 months) | $0.87 | |
| Dividend yield (last 12 months) | 5.52% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
And therefore, I am proud to say that we are now the second largest operator in this fast-growing space and we are seeing extremely encouraging momentum Downtown's contribution to our revenue this quarter is just the beginning, and we expect it to create increasing strategic financial value with opportunities for greater efficiencies moving forward.
Sir Lucian Grainge · Statement from
We are making some structural changes to our merchandising operations, which we believe will produce improved performance over time and we expect 2027 to show improvement over 2026.
Matthew D. Ellis · Statement from
Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Universal Music Group (UMGNF): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
9-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the UMGNF film — every key number, told as a short cinematic story
~2 min · open the film
What is Universal Music Group (UMGNF), and what does it report?
Short answer · as of
Universal Music Group is not merely an entertainment producer. Recorded Music develops artists and distributes recordings; Music Publishing owns or administers composition rights used in recordings, performances, films and advertising; Merchandising & Other sells artist and brand products through tours, shops and online channels.
Research dated 2026-09-12.
Universal Music Group is not merely an entertainment producer. Recorded Music develops artists and distributes recordings; Music Publishing owns or administers composition rights used in recordings, performances, films and advertising; Merchandising & Other sells artist and brand products through tours, shops and online channels.
The quoted security is an over-the-counter depositary receipt, while the reported figures measure the consolidated music group across those operating activities. Revenue therefore reflects several ways of monetizing rights and fan demand rather than dependence on a lone release format.
What do the latest results show for Universal Music Group (UMGNF)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of €6.18B. Against analyst estimates the company has EPS beat 7 of 7 reports.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $7.78B Apr 29, 2026
- Latest report · revenue estimate
- $7.52B Apr 29, 2026
- Latest report · revenue vs estimate
- Above estimate Apr 29, 2026
- Latest report · EPS vs estimate
- Above estimate Apr 29, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Apr 29, 2026 | $7.78B | $7.52B | $0.6580 | $0.5700 |
| Oct 30, 2025 | $6.93B | $6.90B | $0.5650 | $0.5110 |
| Apr 29, 2025 | $6.53B | $3.51B | $0.6600 | $0.4448 |
| Oct 31, 2024 | $5.94B | $3.57B | $0.5270 | $0.4177 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | €6.18B | €222M | €0.12 (diluted) |
| Q4 FY2025 | €6.62B | €101M | €0.06 (diluted) |
| Q2 FY2025 | €5.88B | €1.43B | €0.77 (diluted) |
| Q4 FY2024 | €6.31B | €1.17B | €0.64 (diluted) |
What are the financial strengths and risks for Universal Music Group (UMGNF)?
Short answer
The distress and quality screens read Altman Z 0.71 · Piotroski F 6. Trailing ratios: ROE 7.9% · ROA 1.8% · current ratio 0.61 · earnings yield 1.2% · free-cash-flow yield 5.6%.
Data-derived red flags
- Financial-distress signal — its Altman Z-Score of 0.71 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 81.41 runs well above the Communication Services sector’s ~17.40x, leaving little room for a miss.
What should you watch next at Universal Music Group (UMGNF)?
Short answer · as of
The next earnings report is expected on Oct 29, 2026.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
And therefore, I am proud to say that we are now the second largest operator in this fast-growing space and we are seeing extremely encouraging momentum Downtown's contribution to our revenue this quarter is just the beginning, and we expect it to create increasing strategic financial value with opportunities for greater efficiencies moving forward.
Sir Lucian Grainge ·
We are making some structural changes to our merchandising operations, which we believe will produce improved performance over time and we expect 2027 to show improvement over 2026.
Matthew D. Ellis ·
For fiscal year 2026, response to shareholder feedback, we revised our free cash flow definition to better represent the cash that is available for strategic investments and capital return.
Matthew D. Ellis ·
As usual, we expect free cash flow in the second half of the year to be stronger than the first half.
Matthew D. Ellis ·
What the records here don't tell us
- Detailed statement figures are not shown because their conversion to USD has not been verified.
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
What has been published about Universal Music Group (UMGNF)?
- Universal Music: Ownership Of Music Is Currently Underestimated
- Universal Music Group N.V. Reports Weekly Transactions under its €250 Million Share Buyback Program
- UNIVERSAL MUSIC GROUP AND HOOK PARTNER TO EXPAND LICENSED FAN CREATIVITY ACROSS SOCIAL MEDIA
- Universal Music Group (OTCMKTS:UMGNF) Short Interest Update
Universal Music Group Communication Services Stock: Key Questions Answered
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
How does Universal Music make money from a song beyond the original recording?
Recorded Music monetizes the recording across media and digital channels, while Music Publishing earns from the underlying composition when it is recorded, performed or licensed for uses such as films and advertising. Merchandise and brand products can extend the same artist relationship into physical and online commerce.
Why does Downtown matter to Universal Music?
Downtown expands Universal Music’s position in music distribution and services. Management says its revenue contribution has begun and expects strategic value and efficiency opportunities to grow as the operation is integrated.
What is the UMGNF stock price today?
The last price recorded on this page for Universal Music Group N.V. (UMGNF) is $15.85, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
Does UMGNF pay a dividend?
Yes. Universal Music Group N.V. (UMGNF) shows a trailing 12-month dividend yield of 5.52%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (40 figures)
The 40 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Sir Lucian Grainge (Jul 30, 2026): And therefore, I am proud to say that we are now the second largest operator in this fast-growing space and we are seeing extremely encouraging momentum Downtown's contribution to our revenue this quarter is just the beginning, and we expect it to create increasing strategic financial value with opportunities for greater efficiencies moving forward. Matthew D. Ellis (Jul 30, 2026): We are making some structural changes to our merchandising operations, which we believe will produce improved performance over time and we expect 2027 to show improvement over 2026. Matthew D. Ellis (Jul 30, 2026): For fiscal year 2026, response to shareholder feedback, we revised our free cash flow definition to better represent the cash that is available for strategic investments and capital return. Matthew D. Ellis (Jul 30, 2026): As usual, we expect free cash flow in the second half of the year to be stronger than the first half. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 383 Madison Avenue, Floor 11, NEW York, NY, 10179 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "S-Gravelandseweg 80, Hilversum, NH, 1217 EW, NL". |
FMP — 30 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $15.85 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T22:45:04.123Z. | |
px.change | Change on the day | -0.31% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $29.1B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-04T22:45:02.955Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
earn.next | Next earnings date | Oct 29, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
id.business_summary | Business description (FMP excerpt) | Universal Music Group N.V. functions as a worldwide music conglomerate, with its business operations segmented into Recorded Music, Music Publishing, and Merchandising & Other. | FMP | Financial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation | |
px.change_abs | Change on the day, in dollars | −$0.05 | FMP | Financial Modeling Prep (FMP) · quote | |
px.range52 | 52-week range | $15.21–$29.10 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 81.41 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 3.0K | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.78 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Sir Lucian Grainge | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 10,595 | FMP | Financial Modeling Prep (FMP) company profile | |
fin.q_revenue | Revenue, Q2 FY2026 | €6.18B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
earn.history.depth.2026-04-29.revenue_actual | Revenue · reported — report date 2026-04-29 | $7.78B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.revenue_estimated | Revenue · estimate — report date 2026-04-29 | $7.52B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.eps_actual | EPS · reported — report date 2026-04-29 | $0.6580 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-29.eps_estimated | EPS · estimate — report date 2026-04-29 | $0.5700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-30.revenue_actual | Revenue · reported — report date 2025-10-30 | $6.93B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-30.revenue_estimated | Revenue · estimate — report date 2025-10-30 | $6.90B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-30.eps_actual | EPS · reported — report date 2025-10-30 | $0.5650 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-30.eps_estimated | EPS · estimate — report date 2025-10-30 | $0.5110 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-29.revenue_actual | Revenue · reported — report date 2025-04-29 | $6.53B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-29.revenue_estimated | Revenue · estimate — report date 2025-04-29 | $3.51B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-29.eps_actual | EPS · reported — report date 2025-04-29 | $0.6600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-29.eps_estimated | EPS · estimate — report date 2025-04-29 | $0.4448 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-10-31.revenue_actual | Revenue · reported — report date 2024-10-31 | $5.94B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-10-31.revenue_estimated | Revenue · estimate — report date 2024-10-31 | $3.57B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-10-31.eps_actual | EPS · reported — report date 2024-10-31 | $0.5270 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-10-31.eps_estimated | EPS · estimate — report date 2024-10-31 | $0.4177 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 7 of 7 | UNRECORDED | Stored earnings-history observation — Captured 2026-09-30 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 0.71 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-05 | |
fin.ratios | Return and yield ratios (trailing twelve months) | ROE 7.9% · ROA 1.8% · current ratio 0.61 · earnings yield 1.2% · free-cash-flow yield 5.6% | — | UNRECORDED | Stored key metrics — Date unknown |
COMPUTED — 4 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $0.87 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 3 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 5.52% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-04-29.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($7.78B) with the recorded estimate ($7.52B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-04-29.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.6580) with the recorded estimate ($0.5700) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 1 fact from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
gap.statement_currency | Statement currency limitation | Detailed statement figures are not shown because their conversion to USD has not been verified. | OURS | Stock Expert AI currency-basis check |
Fact-family notes
- Earnings-history note. Source series as of 2026-04-29. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-04-29.revenue_actual,earn.history.depth.2026-04-29.revenue_estimated,earn.history.depth.2026-04-29.revenue_actual.comparison,earn.history.depth.2026-04-29.eps_actual.comparison,earn.history.depth.2026-04-29.eps_actual,earn.history.depth.2026-04-29.eps_estimated,earn.history.depth.2025-10-30.revenue_actual,earn.history.depth.2025-10-30.revenue_estimated,earn.history.depth.2025-10-30.eps_actual,earn.history.depth.2025-10-30.eps_estimated,earn.history.depth.2025-04-29.revenue_actual,earn.history.depth.2025-04-29.revenue_estimated,earn.history.depth.2025-04-29.eps_actual,earn.history.depth.2025-04-29.eps_estimated,earn.history.depth.2024-10-31.revenue_actual,earn.history.depth.2024-10-31.revenue_estimated,earn.history.depth.2024-10-31.eps_actual,earn.history.depth.2024-10-31.eps_estimated.
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- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Legal name | Universal Music Group N.V./ADR Our market-data provider lists the name as "Universal Music Group N.V."; the filer's own record is used here. | 2026-09-12 | OFFICIAL | SEC EDGAR filer record |
| Ticker / exchange | UMGNF on OTC | 2026-09-12 | OFFICIAL | SEC EDGAR filer record |
| Sector / industry (provider taxonomy) | Communication Services / Entertainment | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Business description | Universal Music Group N.V. functions as a worldwide music conglomerate, with its business operations segmented into Recorded Music, Music Publishing, and Merchandising & Other. The Recorded Music division primarily focuses on identifying and nurturing recording artists, subsequently promoting and disseminating their creations across a diverse range of media and digital channels. This segment also extends its reach into live entertainment, sponsorships, and film and television productions. Meanwhile, the Music Publishing segment is concerned with finding and developing songwriting talent, simultaneously holding and managing the intellectual property rights for musical compositions. These compositions are then employed in recordings, public displays, and ancillary uses like cinematic works and commercials. The Merchandising & Other segment handles the creation and sale of artist and brand-related products, distributed through various avenues such as retail fashion outlets, touring events, and online marketplaces. Additionally, it provides services for overseeing brand intellectual property. The company boasts an extensive library of content, comprising roughly 3 million recordings and 4 million owned or managed musical works. It supports approximately 250 artists and brands, and its portfolio includes about 50 distinct labels, spanning a wide array of musical styles. Founded in 2020, the firm's central office is situated in Hilversum, the Netherlands. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Management outlook — dated call excerpts | Captured record · 4 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-07-30 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
Data provided for informational purposes only.