Warner Music Group (WMG)
NASDAQ:WMG

Warner Music Group (WMG) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

WMG Analyst Ratings

Strong Buy
14Ratings
11 Buy
3 Hold
0 Sell
Based on 14 analysts giving stock ratings to
Warner
Music Group
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

WMG Stock 12 Months Forecast

Average Price Target

$35.64
▲(8.33% Upside)
Based on 14 Wall Street analysts offering 12 month price targets for Warner Music Group in the last 3 months. The average price target is $35.64 with a high forecast of $52.00 and a low forecast of $26.00. The average price target represents a 8.33% change from the last price of $32.90.
Highest Price Target$52.00Average Price Target$35.64Lowest Price Target$26.00
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​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Guggenheim
$30.00
Buy
-8.81%
Downside
Reiterated
Warner Music Group (WMG) PT Lowered to $30 at GuggenheimGuggenheim analyst Michael Morris lowered the price target on Warner Music Group (NASDAQ: WMG) to $30.00 (from $34.00) while maintaining a Buy rating.
Tigress Financial
$52.00
Buy
58.05%
Upside
Reiterated
Warner Music Group (WMG) Receives a Buy from Tigress Financial
Citigroup
$26.00
Hold
-20.97%
Downside
Reiterated
Warner Music Group (WMG) PT Lowered to $26 at CitiCiti analyst Jason Bazinet lowered the price target on Warner Music Group (NASDAQ: WMG) to $26.00 (from $30.00) while maintaining a Neutral rating.
Truist Financial
$35.00
Buy
6.38%
Upside
Reiterated
Warner Music continues to see strength in streaming, says TruistWarner Music continues to see strength in streaming, says Truist
Jefferies
$34.00
Buy
3.34%
Upside
Reiterated
Wall Street Analysts Are Bullish on Top Services Picks
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WMG Financial Forecast

WMG Earnings Forecast
Next quarter’s earnings estimate for WMG is $0.29 with a range of $0.25 to $0.34. The previous quarter’s EPS was $0.32. WMG beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.90% of the time in the same period. In the last calendar year WMG has Outperformed its overall industry.
Next quarter’s earnings estimate for WMG is $0.29 with a range of $0.25 to $0.34. The previous quarter’s EPS was $0.32. WMG beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.90% of the time in the same period. In the last calendar year WMG has Outperformed its overall industry.
WMG Sales Forecast
Next quarter’s sales forecast for WMG is $1.61B with a range of $1.55B to $1.68B. The previous quarter’s sales results were $1.50B. WMG beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 65.07% of the time in the same period. In the last calendar year WMG has Outperformed its overall industry.
Next quarter’s sales forecast for WMG is $1.61B with a range of $1.55B to $1.68B. The previous quarter’s sales results were $1.50B. WMG beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 65.07% of the time in the same period. In the last calendar year WMG has Outperformed its overall industry.
WMG Analyst Recommendation Trends
In the current month, WMG has received 8 Buy ratings 2 Hold ratings, and 0 Sell ratings. The WMG average analyst price target in the past 3 months is $35.64
In the current month, WMG has received 8 Buy ratings 2 Hold ratings, and 0 Sell ratings. The WMG average analyst price target in the past 3 months is $35.64

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 $35.64.
    What is WMG’s upside potential, based on the analysts’ average price target?
    Warner Music Group has 8.33% 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 Strong Buy which is based on 11 buy ratings, 3 hold ratings and 0 sell ratings.
            What is Warner Music Group’s price target?
            The average price target for Warner Music Group is $35.64. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $52.00 ,the lowest forecast is $26.00. The average price target represents 8.33% Increase from the current price of $32.9.
              What do analysts say about Warner Music Group?
              Warner Music Group’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 14 Wall Streets Analysts.

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