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Warner Music Group (WMG) Stock Forecast & Price Target

Warner Music Group logo
$25.80 +0.46 (+1.80%)
As of 11:10 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Warner Music Group - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
4
Buy
13

Based on 17 Wall Street analysts who have issued ratings for Warner Music Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 4 have given a hold rating, and 13 have given a buy rating for WMG.

Consensus Price Target

$38.77
50.25% Upside
According to the 17 analysts' twelve-month price targets for Warner Music Group, the average price target is $38.77. The highest price target for WMG is $45.00, while the lowest price target for WMG is $33.00. The average price target represents a forecasted upside of 50.25% from the current price of $25.80.
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.
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WMG Analyst Ratings Over Time

TypeCurrent Forecast
8/14/25 to 8/14/26
1 Month Ago
7/15/25 to 7/15/26
3 Months Ago
5/16/25 to 5/16/26
1 Year Ago
8/14/24 to 8/14/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
13 Buy rating(s)
14 Buy rating(s)
14 Buy rating(s)
8 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.77$37.87$37.38$34.13
Forecasted Upside50.25% Upside33.76% Upside11.80% Upside5.81% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

WMG 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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WMG 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Warner Music Group Stock vs. The Competition

TypeWarner Music GroupCommunication Services CompaniesBroader Market
Consensus Rating Score
2.76
2.04
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside53.00% Upside80.77% Upside11.09% Upside
News Sentiment Rating
Positive News

See Recent WMG News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/6/2026
Morgan Stanley logo
Morgan Stanley
4 of 5 stars
Reiterated RatingOverweight$36.00+37.10%
6/24/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 Reiterated RatingHold (C)
6/22/2026
Zacks Research logo
Zacks Research
5 of 5 stars
 DowngradeStrong-BuyHold
5/8/2026Boost TargetBuy$40.00 ➝ $42.00+27.29%
5/8/2026 Reiterated RatingOutperform$43.00+29.78%
5/8/2026 Reiterated RatingOutperform
5/8/2026Boost TargetBuy$34.00 ➝ $36.00+15.98%
5/8/2026Boost TargetOverweight$40.00 ➝ $43.00+30.47%
2/13/2026UpgradeSector PerformSector Outperform
1/27/2026Initiated CoverageBuy$38.00+25.12%
1/21/2026Lower TargetBuy$41.00 ➝ $40.00+33.85%
12/15/2025Reiterated RatingOutperform$36.00+29.54%
12/11/2025Lower TargetBuy$38.00 ➝ $35.00+25.23%
11/25/2025Reiterated RatingNeutral
11/21/2025Lower TargetNeutral$36.00 ➝ $33.00+11.15%
10/14/2025Set TargetEqual WeightOverweight$34.00 ➝ $39.00+21.31%
9/10/2025Boost TargetBuy$44.00 ➝ $45.00+34.71%
8/7/2025 Reiterated RatingBuy
7/15/2025UpgradeSellNeutral$30.00-1.51%
7/9/2025Boost TargetEqual Weight$28.00 ➝ $30.00-0.85%
3/28/2025Initiated CoverageSector Perform$35.00+8.49%
1/30/2025Reiterated RatingNeutral$30.00 ➝ $30.00-6.92%
11/25/2024 Lower TargetHold$38.00 ➝ $35.00+9.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:10 AM ET.


Should I Buy Warner Music Group Stock? WMG Pros and Cons Explained

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, August 8, 2026. Please send any questions or comments about these Warner Music Group pros and cons to contact@marketbeat.com.

Warner Music Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Warner Music Group Corp.:

  • The company has demonstrated strong financial performance, with a recent quarterly revenue of approximately $1.86 billion, surpassing expectations and showing a year-over-year growth of over 10%.
  • Warner Music Group Corp. has a high return on equity, indicating effective management and profitability, which can be attractive to investors looking for efficient use of their capital.
  • The current stock price is around $30, reflecting a stable investment opportunity in the music industry, which continues to grow with digital streaming and licensing.
  • The firm has recently increased its quarterly dividend to $0.20 per share, showcasing its commitment to returning value to shareholders, which can be appealing for income-focused investors.
  • Management's positive outlook on growth from global subscriber additions and future AI licensing revenue suggests potential for continued expansion and innovation in the business model.

Warner Music Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Warner Music Group Corp. for these reasons:

  • The company carries a significant amount of debt, totaling around $4.7 billion, which could pose risks if not managed properly, especially in fluctuating market conditions.
  • Despite recent revenue growth, the net margin is relatively modest, indicating that a significant portion of revenue is consumed by expenses, which may limit profitability.
  • The dividend payout ratio is high at approximately 89.41%, suggesting that a large share of earnings is being distributed to shareholders, which could limit reinvestment in the business.
  • As the music industry evolves, competition from emerging platforms and changes in consumer behavior could impact Warner Music Group Corp.'s market position and revenue streams.
  • Analysts forecast earnings per share of 1.59 for the current fiscal year, which may not meet investor expectations if growth does not accelerate as anticipated.

WMG Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Music Group is $38.77, with a high forecast of $45.00 and a low forecast of $33.00.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Warner Music Group in the last year. There are currently 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WMG shares.

According to analysts, Warner Music Group's stock has a predicted upside of 50.25% based on their 12-month stock forecasts.

Over the previous 90 days, Warner Music Group's stock had 1 downgrade by analysts.

Warner Music Group has been rated by research analysts at Morgan Stanley, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like Warner Music Group more than other "communication services" companies. The consensus rating for Warner Music Group is Moderate Buy while the average consensus rating for "communication services" companies is Hold. Learn more on how WMG compares to other companies.


This page (NASDAQ:WMG) was last updated on 8/14/2026 by MarketBeat.com Staff.
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