Warner Bros. Discovery's (WBD) "Outperform" Rating Reaffirmed at Barrington Research

Key Points

• Barrington Research has reiterated an "outperform" rating for Warner Bros. Discovery (NASDAQ:WBD) with a target price of $16.00, indicating a potential upside of 21.95% from its previous close.
• Several analysts have varying opinions on the stock, with UBS raising their target to $10.00 and Wells Fargo to $11.00, while the overall consensus rating stands at "Moderate Buy" with an average target price of $12.41.
• Warner Bros. Discovery reported a loss of $0.18 per share for its latest quarterly earnings, missing expectations and seeing a 9.8% decline in revenue compared to last year.

Barrington Research reissued their outperform rating on shares of Warner Bros. Discovery (NASDAQ:WBD - Free Report) in a report released on Wednesday,Benzinga reports. Barrington Research currently has a $16.00 price target on the stock. Barrington Research also issued estimates for Warner Bros. Discovery's Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.05) EPS, Q4 2025 earnings at $0.04 EPS, FY2025 earnings at ($0.41) EPS, Q1 2026 earnings at ($0.05) EPS, Q2 2026 earnings at ($0.19) EPS, Q3 2026 earnings at ($0.04) EPS, Q4 2026 earnings at $0.09 EPS, FY2026 earnings at ($0.19) EPS and FY2027 earnings at ($0.12) EPS.

WBD has been the topic of several other research reports. Raymond James Financial decreased their target price on Warner Bros. Discovery from $14.00 to $13.00 and set an "outperform" rating on the stock in a research report on Friday, April 4th. UBS Group upped their target price on shares of Warner Bros. Discovery from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, July 8th. Needham & Company LLC reissued a "hold" rating on shares of Warner Bros. Discovery in a research note on Tuesday, June 10th. Morgan Stanley lowered their price target on shares of Warner Bros. Discovery from $12.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 6th. Finally, KeyCorp cut their price objective on shares of Warner Bros. Discovery from $14.00 to $13.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Twelve analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Warner Bros. Discovery presently has an average rating of "Moderate Buy" and an average target price of $12.66.

Warner Bros. Discovery Price Performance

Shares of NASDAQ:WBD traded down $0.34 during midday trading on Wednesday, reaching $12.84. 4,473,643 shares of the company's stock traded hands, compared to its average volume of 46,358,270. The company has a fifty day simple moving average of $11.19 and a two-hundred day simple moving average of $10.22. Warner Bros. Discovery has a 1 year low of $6.64 and a 1 year high of $13.86. The company has a market cap of $31.51 billion, a P/E ratio of -2.91 and a beta of 1.54. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.84 and a current ratio of 0.84.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last announced its 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). Warner Bros. Discovery had a negative net margin of 28.16% and a negative return on equity of 30.56%. The company had revenue of $8.98 billion during the quarter, compared to analyst estimates of $9.66 billion. During the same quarter last year, the business earned ($0.40) EPS. The firm's revenue for the quarter was down 9.8% compared to the same quarter last year. Equities analysts predict that Warner Bros. Discovery will post -4.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Warner Bros. Discovery

Several large investors have recently made changes to their positions in the stock. Prudential PLC increased its stake in Warner Bros. Discovery by 31.1% during the 4th quarter. Prudential PLC now owns 135,163 shares of the company's stock worth $1,429,000 after buying an additional 32,102 shares during the period. GF Fund Management CO. LTD. acquired a new position in Warner Bros. Discovery during the 4th quarter worth $4,914,000. Polar Asset Management Partners Inc. purchased a new stake in Warner Bros. Discovery during the 4th quarter worth about $3,022,000. Hi Line Capital Management LLC raised its position in Warner Bros. Discovery by 17.8% in the 1st quarter. Hi Line Capital Management LLC now owns 597,478 shares of the company's stock valued at $6,411,000 after purchasing an additional 90,462 shares in the last quarter. Finally, KBC Group NV raised its position in Warner Bros. Discovery by 682.8% in the 1st quarter. KBC Group NV now owns 7,145,308 shares of the company's stock valued at $76,669,000 after purchasing an additional 6,232,561 shares in the last quarter. 59.95% of the stock is currently owned by institutional investors and hedge funds.

Warner Bros. Discovery Company Profile

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.