Warner Bros. Discovery (WBD) Stock Price, News & Analysis

Company Overview

Warner Bros. Discovery, Inc. is a global media and entertainment company that develops, produces and distributes television, film and digital content. Its portfolio includes Warner Bros. film and television studios, HBO, CNN, Discovery, TLC, HGTV, Food Network, TNT Sports and other well-known brands.

The company operates streaming services including Max, which features HBO programming, Warner Bros. films, original series and other entertainment content, and discovery+, which focuses on lifestyle, documentary and nonfiction programming. Warner Bros. Discovery also distributes content through cable and broadcast networks, theatrical releases, licensing arrangements and digital platforms.

Warner Bros. Discovery was formed in 2022 through the combination of Discovery, Inc. and WarnerMedia, previously a division of AT&T. The company serves audiences in the United States and internationally across Europe, Latin America and Asia-Pacific. Its operations include television networks, streaming services, film and television production, news, sports and consumer products.

David Zaslav serves as president and chief executive officer of Warner Bros. Discovery. The company is headquartered in New York City.

Key Stats

• Today's Range: $27.91 to $28.15
• 50-Day Range: $25.28 to $28.90
• 52-Week Range: $12.00 to $30.00
• Volume: 9.91 million shs
• Average Volume: 22.55 million shs
• Market Capitalization: $70.07 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $27.69
• Consensus Rating: Hold

Warner Bros. Discovery Stock Analysis - MarketRank™

Warner Bros. Discovery scored higher than 38% of companies evaluated by MarketBeat, and ranked 155th out of 244 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Hold

Consensus Rating

Warner Bros. Discovery has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 2 strong buy ratings, 6 buy ratings, 13 hold ratings, and 2 sell ratings.

Upside/Downside

The consensus price target for Warner Bros. Discovery is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Warner Bros. Discovery has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Warner Bros. Discovery are expected to grow in the coming year, from ($1.11) to $0.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warner Bros. Discovery is -21.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Warner Bros. Discovery is -21.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Warner Bros. Discovery has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.26% of the float of Warner Bros. Discovery has been sold short.

Short Interest Ratio / Days to Cover

Warner Bros. Discovery has a short interest ratio ("days to cover") of 2.77, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Warner Bros. Discovery has recently decreased by 21.96%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Warner Bros. Discovery does not currently pay a dividend.

Dividend Growth

Warner Bros. Discovery does not have a long track record of dividend growth.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.51

News Sentiment

Warner Bros. Discovery has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for Warner Bros. Discovery this week, compared to 9 articles on an average week.

Search Interest

Only 14 people have searched for WBD on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

MarketBeat Follows

8 people have added Warner Bros. Discovery to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Warner Bros. Discovery insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $63,652,233.00 in company stock.

Percentage Held by Insiders

0.70% of the stock of Warner Bros. Discovery is held by insiders.

Percentage Held by Institutions

59.95% of the stock of Warner Bros. Discovery is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 9/09/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Entertainment
• Sub-Industry: Movies & Entertainment
• Current Symbol: NASDAQ:WBD
• CIK: 1437107
• Web: www.wbd.com
• Phone: (212) 548-5555
• Fax: 240-662-1868
• Employees: 35,500
• Year Founded: 1972

Price Target and Rating

• Average Price Target for Warner Bros. Discovery: $27.69
• High Price Target: $32.00
• Low Price Target: $14.75
• Potential Upside/Downside: -0.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.35
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.27)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $727 million
• Net Margins: -8.77%
• Pretax Margin: -10.44%
• Return on Equity: -8.91%
• Return on Assets: -3.20%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 0.78
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $36.12 billion
• Price / Sales: 1.94
• Cash Flow: $7.27 per share
• Price / Cash Flow: 3.84
• Book Value: $14.98 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 2,510,703,000
• Free Float: 2,493,128,000
• Market Cap: $70.07 billion
• Optionable: Optionable
• Beta: 1.57