Want to see WBD full AI Analyst Report?
WBD Stock Chart & Stats
$28.75
-$0.49(-1.90%)
At close: 4:00 PM EDT
$28.75
-$0.49(-1.90%)
Day’s Range― - ―
52-Week Range$11.45 - $30.00
Previous CloseN/A
Volume32.95M
Average Volume (3M)20.68M
Market Cap
$71.10B
Enterprise Value$98.67K
Total Cash (Recent Filing)$3.37B
Total Debt (Recent Filing)$32.02B
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Nov 05, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.27
Shares Outstanding2,510,703,400
10 Day Avg. Volume17,451,586
30 Day Avg. Volume20,677,818
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)1.99
Price to Sales (P/S)1.91
P/FCF Ratio23.10
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$28.95Price Target Upside0.70% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)-1.2
Revenue Forecast (FY)$36.23B
Bulls Say, Bears Say
Bulls Say
Streaming ProfitabilityRecord streaming scale and a nearly 17% adjusted EBITDA margin indicate the DTC model is moving beyond investment mode. Higher subscriber-related growth and improving churn can support recurring revenue, operating leverage and a more durable contribution from streaming.
Content Strength And EngagementSustained audience reach and critical recognition strengthen franchise value, retention, licensing demand and the ability to monetize content across streaming, advertising and ancillary channels. This supports WBD’s competitive position beyond individual release cycles.
Lower Financial LeverageThe marked reduction in leverage gives WBD more financial flexibility to fund content, absorb industry volatility and pursue its operating strategy without the former balance-sheet burden. This improves resilience while profitability continues to recover.
Bears Say
Persistent Net LossesImproved operating trends have not yet produced durable bottom-line earnings. Continued losses could constrain reinvestment, weaken returns on WBD’s large asset base and make the recovery dependent on sustained execution across streaming and studios.
Linear Advertising PressureWBD remains exposed to advertising across traditional networks, where audience migration and uneven demand can pressure revenue. A prolonged linear decline may offset streaming gains, reduce network economics and make consolidated revenue less predictable.
Lumpy Studio PerformanceFilm revenue and cash generation remain dependent on a relatively small number of releases and licensing windows. Underperformance and tentpole timing can create uneven results, leaving near-term studio earnings volatile despite a stronger longer-term slate.
Warner Bros News
WBD FAQ
What was Warner Bros’s price range in the past 12 months?
Warner Bros lowest stock price was $11.45 and its highest was $30.00 in the past 12 months.
What is Warner Bros’s market cap?
Warner Bros’s market cap is $71.10B.
When is Warner Bros’s upcoming earnings report date?
Warner Bros’s upcoming earnings report date is Nov 05, 2026 which is in 62 days.
How were Warner Bros’s earnings last quarter?
Warner Bros released its earnings results on Aug 06, 2026. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of -$0.14 by $0.2.
Is Warner Bros overvalued?
According to Wall Street analysts Warner Bros’s price is currently Undervalued.
Does Warner Bros pay dividends?
Warner Bros does not currently pay dividends.
What is Warner Bros’s EPS estimate?
Warner Bros’s EPS estimate is -0.02.
How many shares outstanding does Warner Bros have?
Warner Bros has 2,510,703,400 shares outstanding.
What happened to Warner Bros’s price movement after its last earnings report?
Warner Bros reported an EPS of $0.06 in its last earnings report, beating expectations of -$0.14. Following the earnings report the stock price went up 1.656%.
Which hedge fund is a major shareholder of Warner Bros?
Currently, no hedge funds are holding shares in WBD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Warner Bros Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$28.95 (0.70% Upside)
$28.95 (0.70% Upside)
Blogger Sentiment
Neutral
WBD Sentiment 58%
Sector Average 55%
Sector Average 55%
Hedge Fund Trend
Increased
By 3.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
144.32%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-4.40%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Warner Bros
Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.
WBD Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial picture driven by a pronounced streaming turnaround (record streaming revenue, strong adjusted EBITDA improvement and global HBO engagement), significant gains in news and sports viewership, and a clear multi-year plan to grow studio output and diversify revenue streams. Near-term challenges include a steep decline in linear ad revenues (nearly 30%), studio underperformance this quarter vs. a tough prior-year comp, international ad softness in some markets, and timing/lapping effects from related-party items. Management expressed confidence in recovering studio momentum with a ramped 2027 slate and emphasized retention initiatives (bundles) and ancillary business buildouts. Overall, the highlights—particularly streaming profitability and audience strength—outweigh the lowlights, though ad-market and studio timing risks warrant monitoring.View all WBD earnings summariesWBD Revenue Breakdown
19.59% Advertising
51.65% Distribution
25.87% Content
2.90% Other
WBD Stock 12 Month Forecast
Average Price Target
$28.95
▲(0.70% Upside)
Technical Analysis
Ownership Overview
0.58% Insiders
16.67% Mutual Funds
17.28% Other Institutional Investors
36.63% Public Companies and Individual Investors