$WMG

6 stories mentioning WMGUpdated 39d ago

Every FINWIRES story that references WMG, newest first.

Research Alert: CFRA Reiterates Buy Opinion On Shares Of Warner Music Group

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our target by $2 to $37 using a forward TEV/EBITDA of 13.4x versus the three-year historical average at 15.8x. Our more conservative target reflects positive execution by WMG but continued disruptive changes in the music industry from digital streaming. We raised our FY 26 (Sep.) EPS estimate by $0.25 to $1.65 and FY 27's by $0.05 to $1.75 on revenue projections of $7.3B and $7.63B, respectively. An important distinction about WMG is that it is a music wholesaler representing music artists and not a retail distributor for music listeners. WMG is focused on royalty processing systems for publishing or royalty statements for clients to drive more revenue from its digital supply and infrastructure. AI Entertainment owns 98% of the total combined voting power of the company. WMG renewed its deal with TikTok, resulting in improved economics. WMG is investing in AI to grow its market share, grow the value of music, and improve operational efficiency with its technology team.

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Wire42d ago

UBS Raises Warner Music Price Target to $42 From $40, Maintains Buy Rating

Warner Music Group (WMG) has an average rating of overweight and mean price target of $37.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $32.85, Change: $+1.81, Percent Change: +5.83%

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Research42d ago

Research Alert: Wmg: Strong Q2 Fy 26 Results With Double-digit Revenue Growth, Margin Expansion

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:WMG delivered strong Q2 FY 26 results with EPS of $0.35 (consensus $0.29) versus $0.32 a year ago, and revenue of $1.73B (consensus $1.48B), up 17% Y/Y. Revenue growth accelerated to 17%, the strongest in recent quarters, with record revenue driven by double-digit growth in Recorded Music (+17%) and Music Publishing (+14%) segments. Market share gains and streaming momentum support our thesis, with streaming revenue up 20% to over $1.18B and digital revenue increasing 17% to $975M. Management expressed confidence in the FY 26 outlook, expecting cost savings to contribute 150-200 bps of margin improvement while continuing to invest in AI-related revenue streams. We expect continued operational leverage as margin expansion of 250 bps exceeded full-year guidance. WMG's balance sheet remains highly leveraged with total debt at $4.7B against cash of $741M, though free cash flow improved to $99M versus $33M a year ago, supporting continued artist investments and shareholder returns.

$WMG

Wire43d ago

Paramount, Warner Music to Partner on Theatrical Films

Paramount Skydance's (PSKY) Paramount Pictures and Warner Music Group (WMG) are partnering on theatrical films that will draw on the lives and music of Warner's roster of artists and songwriters, the companies said Thursday in a release.Warner and Unigram, its production partner, will work with Paramount to develop each project in collaboration with the songwriters and artists or their estates, the companies said.Price: $10.79, Change: $-0.11, Percent Change: -0.99%

$PSKY$WMG

Wire43d ago

Paramount Pictures, Warner Music Group to Partner on Theatrical Films

$PSKY$WMG

Wire66d ago

Warner Music Collaborates With TuStreams to Tap Into Global Opportunities

Warner Music Group (WMG) said Monday it entered a partnership with TuStreams, which also includes a minority investment in the digital music distribution platform, as part of efforts to tap into opportunities across global markets, with a focus on the Musica Mexicana genre.Warner Music will be the global distribution partner for TuStreams' complete catalog and future releases, according to a statement.The companies will also work on joint artist signings and creative development to create a talent pipeline, the company said.Price: $28.77, Change: $+0.27, Percent Change: +0.95%

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