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

Company Overview

Warner Bros. Discovery, Inc. (NASDAQ: WBD) is a global media and entertainment company formed in April 2022 through the merger of WarnerMedia and Discovery, Inc. The company develops, produces and distributes a wide array of content across film, television, streaming, sports and news. Its portfolio includes legacy entertainment brands such as Warner Bros. Pictures, HBO, CNN, TNT and Cartoon Network, alongside nonfiction and lifestyle networks like Discovery Channel, HGTV and Food Network.

In the streaming arena, Warner Bros. Discovery operates Max, an ad-supported and subscription service featuring original series, blockbuster films and licensed content, as well as Discovery+, which offers documentary and reality programming. The company also generates revenue through linear television advertising, licensing agreements, consumer products and theme-park partnerships, leveraging its extensive library and intellectual property globally.

Warner Bros. Discovery reaches audiences in North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. Its operations span content creation, aggregation and distribution, with local language production and strategic partnerships to tailor offerings to regional markets. The company’s diversified portfolio is designed to capture viewership across traditional broadcast, cable and digital platforms, catering to consumers and advertisers worldwide.

With roots dating back to the founding of Warner Bros. in 1923 and the launch of Discovery Channel in 1985, the merged entity combines decades of storytelling expertise and a deep content library. David Zaslav serves as president and chief executive officer, overseeing a leadership team tasked with integrating two legacy businesses, driving growth in direct-to-consumer offerings and expanding the company’s global footprint.

Key Stats

• Today's Range: $11.95 to $11.95
• 50-Day Range: $10.78 to $13.70
• 52-Week Range: $6.78 to $13.86
• Volume: 23,965 shs
• Average Volume: 46.70 million shs
• Market Capitalization: $29.23 billion
• P/E Ratio: 39.12
• Dividend Yield: N/A
• Price Target: $13.14
• Consensus Rating: Moderate Buy

Warner Bros. Discovery Stock Analysis - MarketRank™

Warner Bros. Discovery scored higher than 82% of companies evaluated by MarketBeat, and ranked 76th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Warner Bros. Discovery has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 11 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Warner Bros. Discovery has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Warner Bros. Discovery are expected to grow in the coming year, from ($4.33) to $0.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warner Bros. Discovery is 39.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 272.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Warner Bros. Discovery is 39.73, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.11.

Price to Earnings Growth Ratio

Warner Bros. Discovery has a PEG Ratio of 1.55. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Warner Bros. Discovery has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

4.05% 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 1.6, 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 5.80%, 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.05% 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 1.6, 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 5.80%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.02

News Sentiment

Warner Bros. Discovery has a news sentiment score of 1.02. 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 higher news sentiment than the 0.78 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Warner Bros. Discovery this week, compared to 24 articles on an average week.

Search Interest

38 people have searched for WBD on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

MarketBeat Follows

19 people have added Warner Bros. Discovery to their MarketBeat watchlist in the last 30 days. This is an increase of 111% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Warner Bros. Discovery insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,550,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.80% 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.

WBD Stock Analysis - Frequently Asked Questions

How have WBD shares performed this year?

Warner Bros. Discovery's stock was trading at $10.57 on January 1st, 2025. Since then, WBD stock has increased by 12.8% and is now trading at $11.92.

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

Warner Bros. Discovery, Inc. (NASDAQ:WBD) issued its quarterly earnings data on Thursday, August, 7th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.79. Warner Bros. Discovery's revenue was up 1.0% on a year-over-year basis.
Read the conference call transcript.

Who are Warner Bros. Discovery's major shareholders?

Top institutional shareholders of Warner Bros. Discovery include Vanguard Group Inc. (10.69%), State Street Corp (6.55%), Geode Capital Management LLC (2.45%) and Invesco Ltd. (1.82%). Insiders that own company stock include Programming P Advance/Newhouse, Anton J Levy, Gunnar Wiedenfels, Savalle Sims, Gerhard Zeiler and Piazza Samuel A Jr Di.
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.

What other stocks do shareholders of Warner Bros. Discovery own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Warner Bros. Discovery investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 8/07/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: BRDCST - RADIO/TV
• Sub-Industry: Communication
• Current Symbol: NASDAQ:WBD
• CIK: 1437107
• Web: corporate.discovery.com
• Phone: (212) 548-5555
• Fax: 240-662-1868
• Employees: 35,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Warner Bros. Discovery: $13.14
• High Price Target: $18.00
• Low Price Target: $9.00
• Potential Upside/Downside: +10.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.30
• Trailing P/E Ratio: 39.73
• Forward P/E Ratio: N/A
• P/E Growth: 1.55
• Net Income: -$11.31 billion
• Net Margins: 2.00%
• Pretax Margin: 3.87%
• Return on Equity: 2.14%
• Return on Assets: 0.74%

Debt

• Debt-to-Equity Ratio: 0.92
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $39.32 billion
• Price / Sales: 0.75
• Cash Flow: $4.04 per share
• Price / Cash Flow: 2.95
• Book Value: $15.07 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 2,475,770,000
• Free Float: 2,431,208,000
• Market Cap: $29.51 billion
• Optionable: Optionable
• Beta: 1.59