Warner Music Group (WMG) Stock Forecast & Price Target

$28.11 -0.08 (-0.28%)

As of 02:57 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

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
37.92% 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 37.92% from the current price of $28.11.

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

Type	Current Forecast 8/28/25 to 8/28/26	1 Month Ago 7/29/25 to 7/29/26	3 Months Ago 5/30/25 to 5/30/26	1 Year Ago 8/28/24 to 8/28/25
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)	4 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	$38.43	$37.38	$34.13
Forecasted Upside	37.92% Upside	31.60% Upside	18.50% Upside	2.17% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate 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.

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.

Warner Music Group Stock vs. The Competition

Type	Warner Music Group	Communication Services Companies	Broader Market
Consensus Rating Score	2.76	2.05	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	37.53% Upside	84.39% Upside	12.85% Upside
News Sentiment Rating	Positive News See Recent WMG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
8/6/2026	Morgan Stanley 4 of 5 stars	Cameron Mansson Not Rated	Reiterated Rating	Overweight	$36.00	+37.10%
6/24/2026	Weiss Ratings 5 of 5 stars		Reiterated Rating	Hold (C)
6/22/2026	Zacks Research 5 of 5 stars		Downgrade	Strong-Buy ➝ Hold
5/8/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Batya Levi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$40.00 ➝ $42.00	+27.29%
5/8/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$43.00	+29.78%
5/8/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
5/8/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Morris Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$34.00 ➝ $36.00	+15.98%
5/8/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Karnovsky Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$40.00 ➝ $43.00	+30.47%
2/13/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brandon Bingham Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform
1/27/2026	Moffett Nathanson Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Clay Griffin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$38.00	+25.12%
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1/21/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jason Bazinet Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$41.00 ➝ $40.00	+33.85%
12/15/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Supino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$36.00	+29.54%
12/11/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Heaney Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$38.00 ➝ $35.00	+25.23%
11/25/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Stephen Laszczyk Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral
11/21/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jessica Reif Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$36.00 ➝ $33.00	+11.15%
10/14/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Omar Mejias Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Equal Weight ➝ Overweight	$34.00 ➝ $39.00	+21.31%
9/10/2025	Tigress Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ivan Feinseth Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$44.00 ➝ $45.00	+34.71%
8/7/2025	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
7/15/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Agnieszka Pustula Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$30.00	-1.51%
7/9/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kannan Venkateshwar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$28.00 ➝ $30.00	-0.85%
3/28/2025	FBN Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Thornton Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Sector Perform	$35.00	+8.49%
1/30/2025	Macquarie Infrastructure Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tim Nollen Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral	$30.00 ➝ $30.00	-6.92%
11/25/2024	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Hold	$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 03:18 PM 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 Monday, August 24, 2026. Please send any questions or comments about these Warner Music Group pros and cons to contact@marketbeat.com.

Warner Music Group
Bull Case

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

The company has demonstrated strong financial performance, with quarterly revenue growth of over 10% year-over-year, indicating robust demand for its music offerings.
Warner Music Group Corp. has a high return on equity, suggesting effective management and profitability, which can be attractive to investors looking for efficient use of their capital.
The current stock price is around $30, making it accessible for a wide range of investors and potentially offering room for growth.
Recent increases in dividends, with a boost from $0.19 to $0.20 per share, reflect the company's commitment to returning value to shareholders, which can enhance investor confidence.
Management's focus on growth through global subscriber additions and AI licensing revenue positions the company well for future expansion in the evolving music industry.

Warner Music Group
Bear Case

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

The company carries a significant amount of debt, totaling $4.7 billion, which could pose risks if not managed properly, especially in fluctuating market conditions.
With a dividend payout ratio of approximately 89.41%, there may be concerns about the sustainability of dividend payments if earnings do not continue to grow.
Despite recent revenue growth, the company reported a loss in earnings per share during the same quarter last year, indicating potential volatility in profitability.
As the music industry evolves, competition from emerging platforms and technologies could impact Warner Music Group Corp.'s market share and revenue streams.
Analysts forecast a modest earnings per share of 1.59 for the current fiscal year, which may not meet the expectations of more aggressive investors seeking higher returns.

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 37.92% 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.

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MarketBeat monitors more than a dozen sources for Warner Music Group analyst ratings, with the most recent rating issued on 8/6/2026.

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Warner Music Group (WMG) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

WMG Analyst Ratings Over Time

WMG Analyst Recommendations By Month

WMG Price Targets by Month

Warner Music Group Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Warner Music Group
Bull Case

Warner Music Group
Bear Case

WMG Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

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Brokerages With Warner Music Group Recommendations

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Warner Music Group (WMG) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

WMG Analyst Ratings Over Time

WMG Analyst Recommendations By Month

WMG Price Targets by Month

Warner Music Group Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Warner Music Group Bull Case

Warner Music Group Bear Case

WMG Forecast - Frequently Asked Questions

What is Warner Music Group's forecast for 2026?

Should I buy or sell Warner Music Group stock right now?

Does Warner Music Group's stock price have much upside?

Has Warner Music Group been downgraded by Wall Street analysts recently?

What analysts cover Warner Music Group?

Do Wall Street analysts like Warner Music Group more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Warner Music Group Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Warner Music Group
Bull Case

Warner Music Group
Bear Case