Based on 13 Wall Street analysts offering 12 month price targets for Warner Music Group in the last 3 months. The average price target is $37.75 with a high forecast of $43.00 and a low forecast of $21.00. The average price target represents a 14.60% change from the last price of $32.94.

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Highest Price Target$43.00

Average Price Target$37.75

Lowest Price Target$21.00

The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts

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UBS

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Reiterated

02/13/24

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TD Cowen

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Reiterated

02/12/24

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J.P. Morgan

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Reiterated

02/12/24

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Morgan Stanley

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Assigned

02/09/24

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Deutsche Bank

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Reiterated

02/09/24

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Bank of America Securities

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Reiterated

02/09/24

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Macquarie

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Reiterated

02/09/24

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Goldman Sachs

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Reiterated

02/09/24

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Wells Fargo

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Reiterated

02/09/24

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Jefferies

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Reiterated

02/08/24

Kannan Venkateshwar

Barclays

$35.00

Hold

6.25%

Upside

Reiterated

02/08/24

Analysts Offer Insights on Communication Services Companies: Take-Two (NASDAQ: TTWO) and Warner Music Group (NASDAQ: WMG)

Jason Bazinet

Citi

$34.00

Hold

3.22%

Upside

Reiterated

02/07/24

Analysts Offer Insights on Communication Services Companies: trivago (NASDAQ: TRVG), Warner Music Group (NASDAQ: WMG) and Walt Disney (NYSE: DIS)

Agnieszka Pustula

Redburn Atlantic

$21.00

Hold

-36.25%

Downside

Upgraded

02/05/24

Warner Music upgraded to Neutral from Sell at Redburn AtlanticWarner Music upgraded to Neutral from Sell at Redburn Atlantic

Alan Gould

Loop Capital Markets

$36.00

Hold

9.29%

Upside

Reiterated

11/21/23

Warner Music price target raised to $36 from $34 at Loop CapitalWarner Music price target raised to $36 from $34 at Loop Capital

Ivan Feinseth

Tigress Financial

$52.00

Buy

57.86%

Upside

Reiterated

10/18/23

Best Analysts Covering Warner Music Group

Which Analyst Should I Follow If I Want to Buy WMG and Sell After:

1 Month

Matthew ThorntonTruist Financial

Success Rate

9/16 ratings generated profit

Average Return

-2.15%

reiterated a buy rating 7 months ago

Copying Matthew Thornton's trades and holding each position for 1 Month would result in 56.25% of your transactions generating a profit, with an average return of -2.15% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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3 Months

Stephen LaszczykGoldman Sachs

Success Rate

5/9 ratings generated profit

Average Return

+8.40%

reiterated a buy rating 3 months ago

Copying Stephen Laszczyk's trades and holding each position for 3 Months would result in 55.56% of your transactions generating a profit, with an average return of +8.40% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

Premium Content

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1 Year

Michael MorrisGuggenheim

Success Rate

8/9 ratings generated profit

Average Return

+9.46%

reiterated a buy rating 7 months ago

Copying Michael Morris's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +9.46% per trade.

2 Years

Benjamin Black CFADeutsche Bank

Success Rate

7/9 ratings generated profit

Average Return

+12.29%

reiterated a buy rating 3 months ago

Copying Benjamin Black CFA's trades and holding each position for 2 Years would result in 77.78% of your transactions generating a profit, with an average return of +12.29% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

Premium Content

Find out which analyst has the highest Average Return & Success Rate

Go Premium

The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

WMG Analyst Recommendation Trends

Rating

Oct 23

Nov 23

Dec 23

Jan 24

Feb 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, WMG has received 11 Buy Ratings, 8 Hold Ratings, and 0 Sell Ratings. WMG average Analyst price target in the past 3 months is $37.75.

Each month's total comprises the sum of three months' worth of ratings.

Stocks with the Highest Top Analyst Consensus in the Communication Services Sector

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Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

WMG Financial Forecast

WMG Earnings Forecast

Next quarter’s earnings estimate for WMG is $0.22 with a range of $0.01 to $0.33. The previous quarter’s EPS was $0.33. WMG beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 53.98% of the time in the same period. In the last calendar year WMG has Underperformed its overall industry.

WMG Sales Forecast

Next quarter’s sales forecast for WMG is $1.49B with a range of $1.46B to $1.52B. The previous quarter’s sales results were $1.75B. WMG beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 57.82% of the time in the same period. In the last calendar year WMG has Outperformed its overall industry.

WMG Stock Forecast FAQ

What is WMG’s average 12-month price target, according to analysts?

Based on analyst ratings, Warner Music Group’s 12-month average price target is $37.75.

What is WMG’s upside potential, based on the analysts’ average price target?

Warner Music Group has 14.60% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is WMG a Buy, Sell or Hold?

Warner Music Group has a conensus rating of Moderate Buy which is based on 7 buy ratings, 6 hold ratings and 0 sell ratings.

What is Warner Music Group’s price target?

The average price target for Warner Music Group is $37.75. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $43.00 ,the lowest forecast is $21.00. The average price target represents 14.60% Increase from the current price of $32.94.

What do analysts say about Warner Music Group?

Warner Music Group’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.

How can I buy shares of WMG?

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Warner Music Group (WMG) Stock Forecast & Price Target

WMG Analyst Ratings

WMG Stock 12 Month Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering Warner Music Group

WMG Analyst Recommendation Trends

WMG Financial Forecast

WMG Earnings Forecast

WMG Sales Forecast

WMG Stock Forecast FAQ

Get More with TipRanks Premium

Detailed List of Analyst Forecasts