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

Company Overview

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

The company serves audiences through streaming platforms, cable and broadcast networks, theatrical releases, consumer products and content licensing. Its programming spans scripted and unscripted television, feature films, news, sports, documentaries and factual entertainment, and is distributed across North America, Europe, Latin America and other international markets.

Warner Bros. Discovery was formed in 2022 through the combination of WarnerMedia and Discovery, Inc. WarnerMedia was previously part of AT&T, while Discovery had built a global portfolio of nonfiction and lifestyle networks. David Zaslav serves as the company's president and chief executive officer.

Key Stats

• Today's Range: $30.93 to $30.96
• 50-Day Range: $25.28 to $30.95
• 52-Week Range: $17.08 to $30.97
• Volume: 50.28 million shs
• Average Volume: 47.81 million shs
• Market Capitalization: $77.68 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $28.61
• Consensus Rating: Hold

Warner Bros. Discovery Stock Analysis - MarketRank™

Warner Bros. Discovery scored higher than 47% of companies evaluated by MarketBeat, and ranked 138th out of 237 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: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Warner Bros. Discovery has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 2 strong buy ratings, 4 buy ratings, 13 hold ratings, and 3 sell ratings.

Downside Risk

Warner Bros. Discovery has a consensus price target of $28.61, representing about 7.5% downside from its current price of $30.94.

Amount of Analyst Coverage

Warner Bros. Discovery has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 ($1.08) to $0.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warner Bros. Discovery is -24.36, 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 -24.36, 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 2.07. 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

2.38% 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 3.81, 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 13.86%, 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: 3.2 / 5
• News Sentiment: 0.16

News Sentiment

Warner Bros. Discovery has a news sentiment score of 0.16. 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 0.44 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 59 news articles for Warner Bros. Discovery this week, compared to 9 articles on an average week.

Search Interest

21 people have searched for WBD on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

9 people have added Warner Bros. Discovery to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $77,455,972.00 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: 10/04/2026
• 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: $28.61
• High Price Target: $32.00
• Low Price Target: $14.75
• Potential Upside/Downside: -7.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.23
• Research Coverage: 22 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: $37.30 billion
• Price / Sales: 2.08
• Cash Flow: $7.37 per share
• Price / Cash Flow: 4.20
• Book Value: $14.98 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 2,510,700,000
• Free Float: 2,493,128,000
• Market Cap: $77.68 billion
• Optionable: Optionable
• Beta: 1.53