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Warner Bros. Discovery (WBD) Stock Forecast & Price Target

$8.67
+0.15 (+1.76%)
(As of 07/19/2024 ET)

Warner Bros. Discovery - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 20 Wall Street analysts who have issued ratings for Warner Bros. Discovery in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 1 has given a sell rating, 9 have given a hold rating, and 10 have given a buy rating for WBD.

Consensus Price Target

$12.29
41.75% Upside
High Forecast$20.00
Average Forecast$12.29
Low Forecast$7.00

According to the 20 analysts' twelve-month price targets for Warner Bros. Discovery, the average price target is $12.29. The highest price target for WBD is $20.00, while the lowest price target for WBD is $7.00. The average price target represents a forecasted upside of 41.75% from the current price of $8.67.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$12.29$13.16$14.24$20.42
Forecasted Upside41.75% Upside39.55% Upside45.53% Upside53.49% Upside
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WBD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WBD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Warner Bros. Discovery Stock vs. The Competition

TypeWarner Bros. DiscoveryConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.45
2.55
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside41.75% Upside123.08% Upside10.06% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024Benchmark
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$20.00 ➝ $20.00+142.72%
7/16/2024Evercore ISI
2 of 5 stars
 Lower TargetOutperform ➝ Outperform$12.00 ➝ $10.00+32.45%
6/25/2024The Goldman Sachs Group
2 of 5 stars
M. Ng
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Initiated CoverageNeutral$8.50+16.28%
5/28/2024Barrington Research
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 Reiterated RatingOutperform ➝ Outperform$15.00 ➝ $15.00+89.87%
5/10/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$11.00 ➝ $10.00+20.77%
5/10/2024Needham & Company LLC
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 Reiterated RatingHold
5/10/2024KeyCorp
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B. Nispel
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UpgradeSector Weight ➝ Overweight$11.00+36.82%
4/23/2024Wolfe Research
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 DowngradePeer Perform ➝ Underperform$7.00-17.36%
3/21/2024Rosenblatt Securities
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 UpgradeSell ➝ Neutral$7.00 ➝ $10.00+14.42%
2/29/2024Citigroup
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 Lower TargetBuy ➝ Buy$16.00 ➝ $14.00+59.27%
2/29/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $9.00+3.33%
2/26/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$14.00 ➝ $10.00+16.41%
2/26/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$13.00 ➝ $10.00+16.14%
1/29/2024Wells Fargo & Company
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 DowngradeOverweight ➝ Equal Weight$16.00 ➝ $12.00+12.99%
1/22/2024Macquarie
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 Lower TargetOutperform ➝ Outperform$16.00 ➝ $14.00+34.36%
1/11/2024Redburn Atlantic
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 DowngradeBuy ➝ Neutral$11.00+0.27%
11/9/2023Raymond James
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 Lower TargetOutperform ➝ Outperform$18.00 ➝ $17.00+80.85%
10/10/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$15.00 ➝ $13.00+23.46%
10/6/2023Seaport Res Ptn
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D. Joyce
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Reiterated RatingBuy
10/4/2023Guggenheim
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 Lower Target$18.00 ➝ $15.00+44.93%
9/6/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$17.00+47.83%
5/8/202322nd Century Group
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 Reiterated RatingMaintains
11/15/2022Cowen
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 Lower Target$17.00+50.04%
11/8/2022Deutsche Bank Aktiengesellschaft
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 Lower Target$48.00 ➝ $35.00+240.80%
11/7/2022Royal Bank of Canada
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 Lower TargetOutperform$44.00 ➝ $27.00+159.12%
10/13/2022Credit Suisse Group
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 Lower TargetOutperform$39.00 ➝ $36.00+208.75%
7/22/2022Moffett Nathanson
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 Lower Target$18.00+22.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:54 AM ET.

WBD Forecast - Frequently Asked Questions

What is Warner Bros. Discovery's forecast for 2024?

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Bros. Discovery is $12.29, with a high forecast of $20.00 and a low forecast of $7.00.

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

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Discovery in the last twelve months. There is currently 1 sell rating, 9 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBD, but not buy additional shares or sell existing shares.

Does Warner Bros. Discovery's stock price have much upside?

According to analysts, Warner Bros. Discovery's stock has a predicted upside of 35.46% based on their 12-month stock forecasts.

Has Warner Bros. Discovery been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Warner Bros. Discovery's stock had 1 upgrade and 1 downgrade by analysts.

What analysts cover Warner Bros. Discovery?

Warner Bros. Discovery has been rated by research analysts at Barrington Research, Benchmark, Evercore ISI, KeyCorp, Needham & Company LLC, Sanford C. Bernstein, The Goldman Sachs Group, and Wolfe Research in the past 90 days.

Do Wall Street analysts like Warner Bros. Discovery more than its competitors?

Analysts like Warner Bros. Discovery less than other "consumer discretionary" companies. The consensus rating for Warner Bros. Discovery is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how WBD compares to other companies.


This page (NASDAQ:WBD) was last updated on 7/21/2024 by MarketBeat.com Staff

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