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

Company Overview

Warner Bros. Discovery is a global media and entertainment company formed through the merger of WarnerMedia and Discovery in 2022. The combined entity traces its roots to Warner Bros., founded in 1923 as a pioneering film studio, and Discovery, launched in 1985 as a leading nonfiction content network. This strategic consolidation created a diversified portfolio spanning film production, television networks, direct‐to‐consumer streaming services and complementary businesses such as advertising sales and content licensing.

In its film and television segment, Warner Bros. Discovery operates renowned studios and networks. The company produces theatrical motion pictures under the Warner Bros. Pictures and New Line Cinema banners, alongside television programming on channels such as HBO, TNT, TBS, CNN, Discovery Channel, Animal Planet and Food Network. These brands deliver a mix of original scripted series, documentaries, news programming and sports coverage, serving audiences with high‐profile franchises and acclaimed standalone projects.

On the digital front, Warner Bros. Discovery offers direct‐to‐consumer streaming services, including HBO Max (rebranded Max) and discovery+. These platforms provide subscribers with on‐demand access to the company’s extensive content libraries, live sports events and exclusive originals. The company is investing in technology and user experience enhancements to drive subscriber growth and deepen viewer engagement through targeted advertising and data‐driven personalization.

Headquartered in New York City, Warner Bros. Discovery reaches audiences across North America, Latin America, Europe, Asia-Pacific and Africa. Under the leadership of CEO David Zaslav, the company is focused on optimizing its content pipeline, expanding its global footprint and leveraging scale in production and distribution. With a diverse leadership team overseeing programming, technology, marketing and corporate development, Warner Bros. Discovery aims to capitalize on evolving consumer preferences and the ongoing shift toward streaming and digital consumption.

Key Stats

• Today's Range: $11.12 to $11.31
• 50-Day Range: $8.37 to $11.46
• 52-Week Range: $6.64 to $12.70
• Volume: 24.15 million shs
• Average Volume: 36.36 million shs
• Market Capitalization: $27.51 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.33
• Consensus Rating: Moderate Buy

Warner Bros. Discovery Stock Analysis - MarketRank™

Warner Bros. Discovery scored higher than 47% of companies evaluated by MarketBeat, and ranked 179th out of 288 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 2.57, and is based on 11 buy ratings, 11 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Warner Bros. Discovery has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 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 -2.55, 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 -2.55, 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 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.25% 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 2.5, 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 increased by 14.24%, indicating that investor sentiment is decreasing 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

5.25% 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 2.5, 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 increased by 14.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.68

News Sentiment

Warner Bros. Discovery has a news sentiment score of 0.68. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 34 news articles for Warner Bros. Discovery this week, compared to 26 articles on an average week.

Search Interest

Only 34 people have searched for WBD on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

Only 12 people have added Warner Bros. Discovery to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Warner Bros. Discovery insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.90% 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 shares have increased by 6.0% and is now trading at $11.2050.

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

Warner Bros. Discovery, Inc. (NASDAQ:WBD) issued its quarterly earnings data on Thursday, May, 8th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by $0.06. The company's revenue was down 9.8% 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 Cullen Investment Group LTD.. Insiders that own company stock include Programming P Advance/Newhouse, 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: 5/08/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/06/2025
• 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 Stock Price Target: $12.33
• High Stock Price Target: $18.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +10.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): ($4.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$11.31 billion
• Net Margins: -28.16%
• Pretax Margin: -28.70%
• Return on Equity: -30.56%
• Return on Assets: -10.27%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 0.84
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $39.32 billion
• Price / Sales: 0.70
• Cash Flow: $3.93 per share
• Price / Cash Flow: 2.85
• Book Value: $14.19 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 2,454,760,000
• Free Float: 2,408,123,000
• Market Cap: $27.51 billion
• Optionable: Optionable
• Beta: 1.54