Equities Analysts Offer Predictions for WBD Q1 Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) - Seaport Res Ptn issued their Q1 2026 earnings estimates for Warner Bros. Discovery in a research report issued on Monday, June 9th. Seaport Res Ptn analyst D. Joyce forecasts that the company will post earnings of $0.25 per share for the quarter. The consensus estimate for Warner Bros. Discovery's current full-year earnings is ($4.33) per share. Seaport Res Ptn also issued estimates for Warner Bros. Discovery's Q2 2026 earnings at $0.13 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.25 EPS and FY2027 earnings at $0.84 EPS.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.06). The business had revenue of $8.98 billion during the quarter, compared to analyst estimates of $9.66 billion. Warner Bros. Discovery had a negative return on equity of 27.56% and a negative net margin of 28.34%. The business's revenue for the quarter was down 9.8% on a year-over-year basis. During the same period last year, the company earned ($0.40) EPS.

Several other brokerages have also issued reports on WBD. Raymond James cut their price target on Warner Bros. Discovery from $14.00 to $13.00 and set an "outperform" rating on the stock in a research note on Friday, April 4th. Wells Fargo & Company upped their target price on shares of Warner Bros. Discovery from $9.00 to $10.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. Barclays lifted their price target on shares of Warner Bros. Discovery from $7.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Huber Research raised shares of Warner Bros. Discovery to a "strong-buy" rating in a research note on Monday. Finally, Benchmark reissued a "buy" rating and issued a $18.00 price target on shares of Warner Bros. Discovery in a research note on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Warner Bros. Discovery presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.17.

Warner Bros. Discovery Price Performance

WBD traded down $0.05 during trading on Wednesday, hitting $10.46. The company's stock had a trading volume of 34,745,662 shares, compared to its average volume of 34,574,639. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $25.68 billion, a price-to-earnings ratio of -2.28, a price-to-earnings-growth ratio of 8.64 and a beta of 1.51. The firm's 50 day moving average price is $8.90 and its two-hundred day moving average price is $9.94. Warner Bros. Discovery has a 12 month low of $6.64 and a 12 month high of $12.70.

Institutional Trading of Warner Bros. Discovery

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Colonial Trust Advisors raised its stake in Warner Bros. Discovery by 71.8% during the 4th quarter. Colonial Trust Advisors now owns 2,383 shares of the company's stock worth $25,000 after acquiring an additional 996 shares during the period. WPG Advisers LLC bought a new stake in shares of Warner Bros. Discovery during the 1st quarter valued at $26,000. Stonebridge Financial Group LLC purchased a new position in shares of Warner Bros. Discovery during the 4th quarter valued at $26,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Warner Bros. Discovery during the 1st quarter valued at $27,000. Finally, SRS Capital Advisors Inc. boosted its holdings in Warner Bros. Discovery by 313.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 2,559 shares of the company's stock worth $27,000 after buying an additional 1,940 shares during the period. 59.95% of the stock is owned by hedge funds and other institutional investors.

About Warner Bros. Discovery

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.