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Warner Music Group (WMG) Stock Forecast & Price Target

Warner Music Group logo
$27.05 -0.56 (-2.03%)
Closing price 04:00 PM Eastern
Extended Trading
$27.05 0.00 (0.00%)
As of 07:30 PM Eastern
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Warner Music Group - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
4
Buy
12

Based on 16 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 16 analysts, 4 have given a hold rating, and 12 have given a buy rating for WMG.

Consensus Price Target

$38.33
41.71% Upside
According to the 16 analysts' twelve-month price targets for Warner Music Group, the average price target is $38.33. The highest price target for WMG is $43.00, while the lowest price target for WMG is $33.00. The average price target represents a forecasted upside of 41.71% from the current price of $27.05.
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
10/1/25 to 10/1/26
1 Month Ago
9/1/25 to 9/1/26
3 Months Ago
7/3/25 to 7/3/26
1 Year Ago
10/1/24 to 10/1/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
12 Buy rating(s)
13 Buy rating(s)
14 Buy rating(s)
8 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
10 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.33$38.77$37.38$35.13
Forecasted Upside41.71% Upside38.61% Upside32.16% Upside2.58% 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.
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Warner Music Group Stock vs. The Competition

TypeWarner Music GroupCommunication Services CompaniesBroader Market
Consensus Rating Score
2.75
2.06
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside41.71% Upside158.12% Upside21.96% Upside
News Sentiment Rating
Neutral News

See Recent WMG News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/29/2026
Guggenheim logo
Guggenheim
5 of 5 stars
Michael Morris
Michael Morris
2 of 5 stars
Reiterated RatingBuy$36.00+32.65%
9/21/2026
Weiss Ratings logo
Weiss Ratings
3 of 5 stars
 Reiterated RatingHold (C)
8/6/2026
Morgan Stanley logo
Morgan Stanley
3 of 5 stars
Reiterated RatingOverweight$36.00+37.10%
6/22/2026 DowngradeStrong-Buy ➝ Hold
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 TargetOverweight$40.00 ➝ $43.00+30.47%
2/13/2026UpgradeSector Perform ➝ Sector 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 Weight ➝ Overweight$34.00 ➝ $39.00+21.31%
9/10/2025Boost TargetBuy$44.00 ➝ $45.00+34.71%
8/7/2025 Reiterated RatingBuy
7/15/2025UpgradeSell ➝ Neutral$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 12:42 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 Wednesday, September 30, 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.:

  • Warner Music Group Corp. recently reported strong financial performance for the quarter ended August 5, 2026, beating consensus estimates with earnings per share of $0.51 compared to the expected $0.34, while revenue of $1.86 billion also exceeded the $1.81 billion consensus, signaling robust operational execution and demand for its music catalog.
  • The company has a consensus rating of "Moderate Buy" from sixteen brokerages, with twelve analysts issuing a "Buy" rating and a consensus price target of $38.25, which suggests significant potential upside from the current stock price of $27.61 as of September 30, 2026.
  • Warner Music Group Corp. offers a dividend yield of 2.90%, with a recent quarterly dividend of $0.20 per share paid in September 2026, providing a steady income stream for investors while the company maintains a return on equity of 85.50% and a net margin of 9.20%.
  • Institutional investor confidence is high, with 96.88% of the company's stock owned by institutional investors, and recent filings show significant position increases by hedge funds such as Tidal Investments LLC and Darsana Capital Partners LP during the second quarter of 2026.
  • The company is actively evolving its global leadership and technology strategy, including the appointment of Val Blavatnik to the executive team and the hiring of engineers in Bengaluru for a global tech push, which may enhance long-term growth and operational efficiency in the streaming and digital music sectors.

Warner Music Group
Bear Case

red Wall Street bear icon

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

  • Warner Music Group Corp. carries a high debt-to-equity ratio of 4.94, indicating significant leverage that could constrain financial flexibility and increase risk during periods of economic uncertainty or rising interest rates.
  • The company's liquidity position is weak, with a current ratio of 0.73 and a quick ratio of 0.72, both below 1.0, suggesting that Warner Music Group Corp. may face challenges meeting its short-term obligations with its current assets.
  • Several prominent research firms have recently downgraded their outlook on the stock, including Zacks Research lowering its rating from "strong-buy" to "hold" in June 2026 and Wall Street Zen cutting its rating from "buy" to "hold" in July 2026, reflecting growing concerns about valuation or growth sustainability.
  • Short interest in Warner Music Group Corp. has been increasing, with shares shorted rising to 9,611,971 as of September 15, 2026, and a days-to-cover ratio of 5.36, indicating that a significant portion of the float is being sold short, which can put downward pressure on the stock price.
  • The stock is trading below its 200-day moving average of $28.32 and has a beta of 1.31, suggesting higher volatility than the broader market and potential downside risk as the stock has declined from its 52-week high of $35.42 to the current price of $27.61.

WMG Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Music Group is $38.33, with a high forecast of $43.00 and a low forecast of $33.00.

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warner Music Group in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WMG shares.

According to analysts, Warner Music Group's stock has a predicted upside of 41.71% based on their 12-month stock forecasts.

Warner Music Group has been rated by research analysts at Guggenheim, Morgan Stanley, UBS Group, and Weiss Ratings 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.


MarketBeat monitors more than a dozen sources for Warner Music Group analyst ratings, with the most recent rating issued on 10/1/2026.
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