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UBS analyst Batya Levi has reaffirmed a Buy rating on Warner Music Group (NASDAQ: WMG) with a price target of $41, despite adjusting revenue forecasts due to softer advertising revenue. The company anticipates total revenues of $1.52 billion for the fiscal second quarter, reflecting a 2% year-over-year increase, while OIBDA is projected to reach $333 million, indicating a margin improvement. Recent earnings showed a decline in Recorded Music revenue but growth in Music Publishing, with analysts from Citi and FBN Securities also expressing optimism about the company's future prospects.
UBS analyst Batya Levi has reaffirmed a Buy rating on Warner Music Group, maintaining a price target of $41. The company is projected to generate $1.52 billion in revenue for the fiscal second quarter, reflecting a 2% year-over-year increase, despite a slight decrease from previous estimates. Full-year revenue projections have been adjusted to $6.42 billion, while OIBDA is expected to rise to $1.41 billion, indicating improved margins.
UBS analyst Batya Levi has reiterated a Buy rating for Warner Music Group (NASDAQ: WMG) with a price target of $41, despite adjusting revenue guidance for the second fiscal quarter to $1.52 billion due to weaker advertising revenue. The company expects a slight increase in operating income before depreciation and amortization (OIBDA) to $333 million, maintaining a margin of 21.7%. Recent earnings showed a decline in Recorded Music revenue, while Music Publishing grew, and Moody's upgraded WMG's Corporate Family Rating, reflecting positive trends in music streaming.
UBS analyst Batya Levi has reiterated a Buy rating on Warner Music Group (NASDAQ: WMG) with a price target of $41.00. The positive outlook reflects confidence in the company's performance and market position.
UBS analyst Batya Levi has raised the price target for Spotify (NYSE: SPOT) to $540, up from $485, while maintaining a Buy rating. This adjustment reflects the firm's positive outlook on the company's performance in the market.
UBS has lowered its price target for Warner Music Group (WMG) from $43 to $41, citing foreign exchange pressures, while maintaining a Buy rating. Despite the stock trading at $29.30, analysts see potential for growth in 2025 driven by subscription increases and digital service price hikes, although short-term FX impacts may affect margins. Other firms have also adjusted their targets, reflecting a cautious outlook amid restructuring efforts and a tepid streaming environment.
UBS analyst Batya Levi has lowered the price target for Warner Music Group (NASDAQ: WMG) from $43.00 to $41.00. The adjustment reflects ongoing evaluations of the company's market position and performance.
Batya Levine
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ubs maintains buy rating on warner music with 41 dollar target
16:22 01.04.2025
ubs maintains buy rating on warner music with 41 dollar target
15:58 01.04.2025
ubs maintains buy rating and price target for warner music group
15:58 01.04.2025
ubs maintains buy rating and price target for warner music group
15:10 01.04.2025
UBS raises Spotify price target to 540 maintaining buy rating
12:52 15.01.2025
ubs lowers warner music group price target amid foreign exchange pressures
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16:47 10.01.2025
UBS lowers price target for Warner Music Group to 41 dollars
13:56 10.01.2025
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