Warner Bros (WBD) released a new trailer for director James Gunn’s upcoming Superman film today as it looks to revive the DC comic book movie franchise with the DC Universe (DCU). The latest Superman trailer highlights David Corenswet as the titular character and provides insight into the plot of the film.
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Reaction to the trailer appears positive, with it amassing over 710,000 views on YouTube in roughly one hour. Gunn is embracing the comics with his adaptation of Superman, including the first live-action cinematic appearance of Krypto the Superdog.
Beyond the Superman mythos, the new movie is also setting up characters that could appear in future films. That includes Edi Gathegi as Mister Terrific, Anthony Carrigan as Metamorpho, Nathan Fillion as Green Lantern Guy Gardner, and Isabela Merced as Hawkgirl. This is part of Warner Bros’ plan to establish a new cinematic universe following the end of the DC Extended Universe (DCEU) in 2023.
WBD Renames Max, Again
In other Warner Bros news, the company has announced another name change for streaming service Max. The name is being changed to HBO Max, which is what it was named before the entertainment company dropped the HBO branding. Warner Bros doesn’t seem to know what it wants to do with HBO Max’s name, but it does expect the latest name change to “further drive the service forward.”
Despite the HBO Max name change and new Superman trailer, WBD stock was down 1.25% as of Wednesday afternoon.
Is WBD Stock a Buy, Hold, or Sell?
Turning to Wall Street, the analysts’ consensus rating for Warner Bros is Moderate Buy, based on nine Buy and eight Hold ratings over the last three months. With that comes an average WBD stock price target of $12.47, representing a potential 37.56% upside for the shares.
