LEGO Stock Symbol | Can You Invest in LEGO Stock?
Learn everything you need to know about LEGO stock, including its worth, who owns it, and why it doesn't have a stock symbol in this comprehensive article about LEGO.
Can You Invest in LEGO Stock?
No, LEGO stock does not exist and is not publicly traded on the stock market. LEGO is owned by the company Kirkbi meaning you cannot buy shares in LEGO stock.
Instead, if you want to invest in the toy industry, consider investing in publicly traded companies in a related field or companies that are suppliers to the toy industry.
What is LEGO’s Stock Symbol?
LEGO is not publicly traded; therefore, it does not have a stock symbol.
When is LEGO’s IPO?
Currently, there is no news about LEGO’s IPO date. If the stock ever goes public, it will likely be a popular investment, but we will have to wait and see if the company ever decides to IPO.
Who Owns LEGO?
KIRKBI A/S is a Danish investment company and one of the largest owners of LEGO Group. KIRKBI owns a significant portion of LEGO Group's shares, giving them a controlling stake in the company.
KIRKBI was established in 1986 by the Kristiansen family, the founding family of LEGO Group, to manage the family's investments, including their ownership in LEGO Group.
How Much is LEGO Worth?
According to Statista, the LEGO brand is worth approximately $9.1 billion. This valuation highlights the immense success and popularity of the company, which has become one of the largest toy manufacturers in the world.
LEGO's strong brand recognition, innovative product offerings, and wide appeal to children and adults have contributed to its continued growth and financial success. Despite challenges posed by the COVID-19 pandemic, LEGO Group has maintained its strong financial performance and remains a dominant player in the toy industry.
The $9.1 billion valuation of the company serves as a testament to its brand's strength and ability to withstand economic uncertainty and remain a profitable and successful business.
Investing in LEGO Sets
LEGO Group is a privately held company, which means that it is not publicly traded on a stock exchange, and its shares cannot be purchased directly by individual investors. As a result, it is not possible to invest in LEGO stock.
However, individual consumers can invest in LEGO sets by purchasing them for their own personal use or resale. LEGO sets are popular collectibles that can appreciate over time, particularly if they are discontinued or rare. Some investors choose to buy and hold LEGO sets as an alternative investment, hoping to sell them later for a profit.
LEGO Stock | Bottom Line
In conclusion, investing directly in LEGO stock is not possible as the company is privately held and not publicly traded. While there is no stock symbol for LEGO, its estimated worth of $9.1 billion highlights its success and popularity as a toy manufacturer.
If you are interested in investing in the toy industry, consider investing in publicly traded companies in a related field or companies that are suppliers to the toy industry. On the other hand, individuals can invest in LEGO sets, which can be popular collectibles that appreciate over time.
However, it is essential to remember that investing in LEGO sets is not the same as investing in the stock market, and it is crucial to understand the potential risks and rewards before making a decision.
