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NASDAQ:WBD

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

$8.03
-0.09 (-1.11%)
(As of 03:56 PM ET)
Today's Range
$7.97
$8.19
50-Day Range
$7.36
$8.73
52-Week Range
$7.34
$14.76
Volume
15.82 million shs
Average Volume
27.83 million shs
Market Capitalization
$19.68 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.16

Warner Bros. Discovery MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
61.4% Upside
$13.16 Price Target
Short Interest
Bearish
5.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.17mentions of Warner Bros. Discovery in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.38) to $0.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.65 out of 5 stars

Consumer Discretionary Sector

165th out of 258 stocks

Cable & Other Pay Television Services Industry

11th out of 17 stocks

WBD stock logo

About Warner Bros. Discovery Stock (NASDAQ:WBD)

Warner Bros. Discovery, Inc. is a leading global entertainment company that offers premium content and brands across all media platforms. The company's mission is to entertain, inform and inspire people worldwide through the power of story. The company is headquartered in New York City, USA and operates in over 200 countries. The company's product and service offerings include television networks, film studios, digital media, and consumer products. The company's target market has consumers of all ages interested in high-quality entertainment. The company's key customers include cable and satellite television providers, advertisers, streaming platforms, and consumers. In recent years, Warner Bros. Discovery, Inc. achieved several key milestones, including the successful merger between WarnerMedia and Discovery Communications in 2021.

The management team at Warner Bros. Discovery, Inc. is led by Chief Executive Officer David Zaslav, who has been with the company since 2007. He has extensive experience in the media and entertainment industry, having previously served as the CEO of NBC Universal. David's team brings a wealth of knowledge and expertise to the company, with backgrounds in media, finance, and communications. 

Warner Bros. Discovery, Inc. has reported steady revenue growth over the past few years, with total revenues increasing and the company's profit margins improving. With net income up, the company's debt levels have increased following the merger with Discovery Communications. The company has a current market capitalization of approximately $34 billion.

Warner Bros. Discovery, Inc. is trading at a price-to-earnings slightly lower than the industry average. The company's price-to-book ratio is below the industry average. Its strong brand recognition, extensive content library, and growth potential may drive the company's valuation.

Warner Bros. Discovery, Inc.'s stock has been relatively stable, but the stock has a history of fluctuating fairly significantly as investor sentiment changes. The company's stock price may be influenced by news and events related to the entertainment industry, such as new content releases, awards shows, and box office results.

Warner Bros. Discovery, Inc. operates in the highly competitive entertainment industry, which includes traditional media companies, streaming platforms, and social media networks. The industry has been subject to rapid consumer preferences and technology changes, with many companies shifting their focus to streaming services. Warner Bros. Discovery, Inc. is well-positioned in the industry due to its extensive content library and strong brand recognition.

Warner Bros. Discovery, Inc. has several growth opportunities. The company has a strong track record of producing quality content that resonates with its audience. The company's recent merger with Discovery provides a more extensive content library, which could attract new subscribers to its streaming services.

Additionally, the company is exploring ways to expand into new international markets, particularly in Europe and Asia. The company's strong relationships with key industry players in these regions and its established reputation for producing high-quality content make it well-positioned to succeed in these markets.

The company is investing in new technologies to enhance its content delivery capabilities. For example, the company is exploring the use of virtual reality and augmented reality technologies to create immersive experiences for its viewers. These investments in technology could give the company a competitive advantage over its peers and help it to continue to produce innovative and engaging content.

As with any company, there are several risks and challenges that Warner Bros. Discovery, Inc. faces. One of the most significant risks is the rapidly evolving media landscape. Consumer preferences, technological advances, and advertising trends could impact the company's performance.

Additionally, the company faces intense competition from traditional media companies and newer streaming services. The market is becoming increasingly crowded, making it more difficult for companies to stand out and attract new subscribers.

Another risk facing the company is regulatory uncertainty. Changes in government policies or regulations could impact the company's ability to operate in specific regions or impact its profitability.

The company's debt levels can be a concern. While the company has successfully generated revenue, it has also used significant debt to fund its growth and acquisition strategies. If the company cannot manage its debt levels, it could impact its financial performance and lead to a decline in shareholder value.

WBD Stock Price History

WBD Stock News Headlines

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The world's largest cinema operator, AMC Entertainment Holdings Inc. (NYSE: AMC), has already had a rollercoaster year, spiking over 300% in a matter of days.
MarketBeat Week in Review – 5/13 - 5/17 (WBD)
Markets took a breather to end the week as investors wait for Nvidia's earnings after a week that saw the Dow cross the 40,000 mark for the first time
Joint streaming venture involving ESPN, Fox, Warner Bros. Discovery will be called Venu Sports
The sports streaming platform planned by ESPN, Fox and Warner Bros
Can a Warner Bros. Discovery and Disney Bundle Fend Off Netflix?
Media and entertainment giant Warner Bros. Discovery Inc. NASDAQ: WBD shares initially tanked to $7.50 on its Q1 2024 earnings results.
Can a Warner Bros. Discovery and Disney Bundle Fend Off Netflix?
Media and entertainment giant Warner Bros. Discovery Inc. (NYSE: WBD) shares initially tanked to $7.50 on its Q1 2024 earnings results.
The Trade Desk Raised Forecasts Means Ad Spending is Back, Maybe (WBD)
The Trade Desk Inc. (NASDAQ: TTD) is one of the largest artificial intelligence (AI) powered demand-side programmatic advertising platform providers
3 Discounted Stocks Poised for a Major Upswing
Warner Bros. Discovery (NASDAQ:WBD) Trading 5.2% Higher
Warner Bros. Games Launches MultiVersus
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/11/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Current Symbol
NASDAQ:WBD
Employees
35,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.16
High Stock Price Target
$20.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+62.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
20 Analysts

Profitability

Net Income
$-3,126,000,000.00
Pretax Margin
-8.49%

Debt

Sales & Book Value

Annual Sales
$41.32 billion
Cash Flow
$8.37 per share
Book Value
$18.99 per share

Miscellaneous

Outstanding Shares
2,450,310,000
Free Float
2,406,207,000
Market Cap
$19.90 billion
Optionable
Optionable
Beta
1.53
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Should I Buy Warner Bros. Discovery Stock? WBD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Warner Bros. Discovery, Inc.:

  • Warner Bros. Discovery, Inc. has shown strong growth potential in the streaming industry, with the recent merger of WarnerMedia and Discovery creating a powerhouse in the content streaming market.
  • The company's diversified portfolio of content, including popular franchises and original programming, provides a strong competitive advantage in attracting and retaining subscribers.
  • Warner Bros. Discovery, Inc. has a solid financial position, with healthy cash flows and revenue streams, which can support future investments and expansion initiatives.
  • The current stock price of Warner Bros. Discovery, Inc. is considered undervalued by analysts, presenting a potential buying opportunity for investors looking for value stocks.
  • The merger synergies between WarnerMedia and Discovery are expected to result in cost savings and operational efficiencies, which could boost profitability in the long run.

Cons

Investors should be bearish about investing in Warner Bros. Discovery, Inc. for these reasons:

  • There may be integration challenges and uncertainties following the merger of WarnerMedia and Discovery, which could impact the company's performance and disrupt operations in the short term.
  • The competitive landscape in the streaming industry is intense, with major players like Netflix, Disney, and Amazon Prime Video, posing a threat to Warner Bros. Discovery's market share and subscriber growth.
  • Changes in consumer preferences and viewing habits could affect the demand for traditional cable TV services, potentially impacting Warner Bros. Discovery's revenue from cable networks.
  • Regulatory changes or legal issues related to content licensing, intellectual property rights, or antitrust concerns could pose risks to Warner Bros. Discovery's business operations and financial performance.
  • Market volatility and macroeconomic factors, such as interest rates and inflation, could influence investor sentiment towards media and entertainment stocks like Warner Bros. Discovery, leading to fluctuations in stock prices.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Warner Bros. Discovery pros and cons to contact@marketbeat.com.

WBD Stock Analysis - Frequently Asked Questions

Should I buy or sell Warner Bros. Discovery stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Discovery in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WBD shares.
View WBD analyst ratings
or view top-rated stocks.

What is Warner Bros. Discovery's stock price target for 2024?

20 Wall Street research analysts have issued 12 month price objectives for Warner Bros. Discovery's stock. Their WBD share price targets range from $7.00 to $20.00. On average, they anticipate the company's stock price to reach $13.16 in the next year. This suggests a possible upside of 61.4% from the stock's current price.
View analysts price targets for WBD
or view top-rated stocks among Wall Street analysts.

How have WBD shares performed in 2024?

Warner Bros. Discovery's stock was trading at $11.38 on January 1st, 2024. Since then, WBD stock has decreased by 28.4% and is now trading at $8.15.
View the best growth stocks for 2024 here
.

When is Warner Bros. Discovery's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our WBD earnings forecast
.

How were Warner Bros. Discovery's earnings last quarter?

Warner Bros. Discovery, Inc. (NASDAQ:WBD) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by $0.16. The business had revenue of $9.96 billion for the quarter, compared to analysts' expectations of $10.22 billion. Warner Bros. Discovery had a negative trailing twelve-month return on equity of 6.58% and a negative net margin of 7.45%. The business's quarterly revenue was down 6.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.18 earnings per share.

Who are Warner Bros. Discovery's major shareholders?

Warner Bros. Discovery's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.06%), EdgePoint Investment Group Inc. (0.85%), Swiss National Bank (0.28%), Coronation Fund Managers Ltd. (0.20%), Sumitomo Mitsui Trust Holdings Inc. (0.20%) and Drexel Morgan & Co. (0.19%). Insiders that own company stock include David Leavy, David Zaslav, Geoffrey Y Yang, Gerhard Zeiler, Gunnar Wiedenfels, Piazza Samuel A Jr Di, Programming P Advance/Newhouse and Robert R Bennett.
View institutional ownership trends
.

How do I buy shares of Warner Bros. Discovery?

Shares of WBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:WBD) was last updated on 6/11/2024 by MarketBeat.com Staff

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