Warner Bros. Discovery (WBD) Stock Forecast, Price Target & Predictions

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WBD Stock Forecast

Warner Bros. Discovery stock forecast is as follows: an average price target of $17.13 (represents a 72.16% upside from WBD’s last price of $9.95) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.

WBD Price Target

The average price target for Warner Bros. Discovery (WBD) is $17.13 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $5.00. This represents a potential 72.16% upside from WBD's last price of $9.95.

WBD Analyst Ratings

Buy

According to 22 Wall Street analysts, Warner Bros. Discovery's rating consensus is 'Buy'. The analyst rating breakdown for WBD stock is 0 'Strong Buy' (0.00%), 12 'Buy' (54.55%), 9 'Hold' (40.91%), 1 'Sell' (4.55%), and 0 'Strong Sell' (0.00%).

Warner Bros. Discovery Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 08, 2024	Bryan Kraft	Deutsche Bank	$15.00	$6.83	119.46%	50.75%
Jul 29, 2024	Benjamin Swinburne	Morgan Stanley	$9.00	$8.31	8.30%	-9.55%
Jul 25, 2024	Tim Nollen	Macquarie	$9.00	$8.47	6.26%	-9.55%
Jun 25, 2024	Michael Ng	Goldman Sachs	$8.50	$7.31	16.28%	-14.57%
May 13, 2024	David Joyce	Seaport Global	$16.00	$8.51	88.01%	60.80%
May 10, 2024	Jessica Reif Ehrlich	Fox Advisors	$14.00	$8.16	71.46%	40.70%
May 10, 2024	Brandon Nispel	KeyBanc	$11.00	$8.04	36.82%	10.55%
May 09, 2024	Ric Prentiss	Raymond James	$13.00	$8.04	61.69%	30.65%
Apr 02, 2024	Kenneth Leon	CFRA	$9.00	$8.48	6.13%	-9.55%
Mar 20, 2024	Kenneth Leon	CFRA	$10.00	$8.74	14.42%	0.50%

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The latest Warner Bros. Discovery stock forecast, released on Aug 08, 2024 by Bryan Kraft from Deutsche Bank, set a price target of $15.00, which represents a 119.46% increase from the stock price at the time of the forecast ($6.83), and a 50.75% increase from WBD last price ($9.95).

Warner Bros. Discovery Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	12
Avg Price Target	-	-	$11.13
Last Closing Price	$9.95	$9.95	$9.95
Upside/Downside	-100.00%	-100.00%	11.86%

In the current month, the average price target of Warner Bros. Discovery stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Warner Bros. Discovery's last price of $9.95. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 08, 2024	Macquarie	Neutral	Neutral	Hold
Sep 17, 2024	CFRA	Hold	Hold	Hold
Sep 13, 2024	Benchmark	Buy	Buy	Hold
Aug 13, 2024	Bernstein	-	Market Perform	Downgrade
Aug 08, 2024	Cowen & Co.	Buy	Buy	Hold
Aug 08, 2024	Deutsche Bank	Buy	Buy	Hold
Aug 08, 2024	Benchmark	Buy	Buy	Hold
Jul 29, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Jul 25, 2024	Macquarie	Outperform	Neutral	Downgrade
Jun 25, 2024	Goldman Sachs	Buy	Neutral	Initialise

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Warner Bros. Discovery's last stock rating was published by Macquarie on Nov 08, 2024. The company gave WBD a "Neutral" rating, the same as its previous rate.

Warner Bros. Discovery Financial Forecast

Warner Bros. Discovery Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.98B	$10.36B	$10.70B	$11.01B	$9.82B	$9.83B	$3.16B	$3.19B	$3.15B
Avg Forecast	$11.65B	$10.38B	$10.62B	$10.82B	$11.27B	$10.20B	$10.50B	$10.69B	$10.44B	$9.60B	$9.81B	$10.12B	$10.42B	$9.54B	$9.92B	$10.06B	$10.30B	$9.79B	$10.07B	$10.22B	$10.34B	$9.97B	$10.44B	$10.75B	$11.20B	$10.33B	$11.82B	$3.67B	$3.12B	$3.15B
High Forecast	$12.19B	$10.86B	$11.11B	$11.32B	$11.79B	$10.68B	$10.98B	$11.18B	$10.92B	$10.04B	$10.26B	$10.59B	$10.91B	$9.98B	$10.38B	$10.36B	$10.84B	$9.86B	$10.07B	$10.22B	$10.75B	$9.99B	$10.92B	$11.25B	$11.72B	$10.33B	$11.82B	$3.67B	$3.12B	$3.15B
Low Forecast	$11.10B	$9.89B	$10.12B	$10.31B	$10.74B	$9.72B	$10.01B	$10.19B	$9.95B	$9.15B	$9.35B	$9.65B	$9.94B	$9.09B	$9.46B	$9.79B	$9.76B	$9.73B	$10.07B	$10.22B	$9.90B	$9.94B	$9.95B	$10.25B	$10.68B	$10.33B	$11.82B	$3.67B	$3.12B	$3.15B
# Analysts	4	4	4	4	3	3	3	3	3	3	3	3	4	4	4	6	13	7	6	6	13	6	6	6	5	5	5	11	12	11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.99%	1.00%	0.98%	0.95%	0.83%	0.86%	1.02%	1.00%

Warner Bros. Discovery's average Quarter revenue forecast for Dec 23 based on 13 analysts is $10.34B, with a low forecast of $9.90B, and a high forecast of $10.75B. WBD's average Quarter revenue forecast represents a 3.59% increase compared to the company's last Quarter revenue of $9.98B (Sep 23).

Warner Bros. Discovery EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	4	4	4	3	3	3	3	3	3	3	3	4	4	4	6	13	7	6	6	13	6	6	6	5	5	5	11	12	11
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$883.00M	$-140.00M	$6.37B	$5.70B	$5.00B	$5.23B	$1.84B	$1.59B	$1.91B
Avg Forecast	$2.80B	$2.49B	$2.55B	$2.60B	$2.71B	$2.45B	$2.52B	$2.57B	$2.51B	$2.30B	$2.36B	$2.43B	$2.50B	$2.29B	$2.38B	$2.42B	$2.47B	$2.35B	$2.42B	$2.46B	$2.48B	$2.39B	$2.51B	$2.58B	$2.69B	$5.38B	$6.16B	$1.91B	$1.63B	$1.64B
High Forecast	$2.93B	$2.61B	$2.67B	$2.72B	$2.83B	$2.56B	$2.64B	$2.69B	$2.62B	$2.41B	$2.46B	$2.54B	$2.62B	$2.40B	$2.49B	$2.49B	$2.60B	$2.37B	$2.42B	$2.46B	$2.58B	$2.40B	$2.62B	$2.70B	$2.82B	$5.38B	$6.16B	$1.91B	$1.63B	$1.64B
Low Forecast	$2.67B	$2.38B	$2.43B	$2.48B	$2.58B	$2.34B	$2.40B	$2.45B	$2.39B	$2.20B	$2.25B	$2.32B	$2.39B	$2.18B	$2.27B	$2.35B	$2.34B	$2.34B	$2.42B	$2.46B	$2.38B	$2.39B	$2.39B	$2.46B	$2.56B	$5.38B	$6.16B	$1.91B	$1.63B	$1.64B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.37%	-0.06%	2.47%	2.12%	0.93%	0.85%	0.97%	0.98%	1.16%

13 analysts predict WBD's average Quarter EBITDA for Dec 23 to be $2.48B, with a high of $2.58B and a low of $2.38B. This is 181.18% upper than Warner Bros. Discovery's previous annual EBITDA (Sep 23) of $883.00M.

Warner Bros. Discovery Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	4	4	4	3	3	3	3	3	3	3	3	4	4	4	6	13	7	6	6	13	6	6	6	5	5	5	11	12	11
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-2.00M	$-4.00M	$-1.06B	$-2.08B	$-2.29B	$-3.41B	$456.00M	$91.00M	$156.00M
Avg Forecast	-	-	-	-	-	-	-	-	$24.70M	$-123.50M	$-506.35M	$-123.50M	$186.66M	$-95.59M	$-439.22M	$-203.04M	$-4.72M	$-277.01M	$-651.26M	$-483.35M	$-253.99M	$-276.71M	$-847.36M	$-332.54M	$-714.30M	$-644.98M	$192.27M	$6.26B	$2.05B	$958.54M
High Forecast	-	-	-	-	-	-	-	-	$26.18M	$-115.97M	$-475.48M	$-115.97M	$197.88M	$-89.76M	$-412.44M	$676.80M	$2.02M	$-260.12M	$-611.57M	$-453.89M	$323.25M	$-259.84M	$-795.71M	$-312.26M	$-670.75M	$-644.98M	$192.27M	$7.51B	$2.05B	$958.54M
Low Forecast	-	-	-	-	-	-	-	-	$23.19M	$-130.92M	$-536.78M	$-130.92M	$175.28M	$-101.34M	$-465.62M	$-609.13M	$-13.48M	$-293.66M	$-690.41M	$-512.40M	$-438.72M	$-293.34M	$-898.29M	$-352.52M	$-757.23M	$-644.98M	$192.27M	$5.01B	$2.05B	$958.54M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01%	0.00%	3.19%	2.91%	3.54%	-17.73%	0.07%	0.04%	0.16%

Warner Bros. Discovery's average Quarter net income forecast for Jun 22 is $192.27M, with a range of $192.27M to $192.27M. WBD's average Quarter net income forecast represents a -57.84% decrease compared to the company's last Quarter net income of $456.00M (Mar 22).

Warner Bros. Discovery SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	4	4	4	3	3	3	3	3	3	3	3	4	4	4	6	13	7	6	6	13	6	6	6	5	5	5	11	12	11
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.29B	$2.56B	$2.39B	$2.51B	$2.59B	$3.54B	$1.04B	$1.07B	$944.00M
Avg Forecast	$3.16B	$2.81B	$2.88B	$2.93B	$3.05B	$2.77B	$2.85B	$2.90B	$2.83B	$2.60B	$2.66B	$2.74B	$2.83B	$2.59B	$2.69B	$2.73B	$2.79B	$2.65B	$2.73B	$2.77B	$2.80B	$2.70B	$2.83B	$2.91B	$3.04B	$2.79B	$3.19B	$989.30M	$842.71M	$849.89M
High Forecast	$3.30B	$2.94B	$3.01B	$3.07B	$3.20B	$2.89B	$2.98B	$3.03B	$2.96B	$2.72B	$2.78B	$2.87B	$2.96B	$2.70B	$2.81B	$2.81B	$2.94B	$2.67B	$2.73B	$2.77B	$2.91B	$2.71B	$2.96B	$3.05B	$3.18B	$2.79B	$3.19B	$989.30M	$842.71M	$849.89M
Low Forecast	$3.01B	$2.68B	$2.74B	$2.79B	$2.91B	$2.64B	$2.71B	$2.76B	$2.70B	$2.48B	$2.53B	$2.62B	$2.69B	$2.46B	$2.56B	$2.65B	$2.65B	$2.64B	$2.73B	$2.77B	$2.68B	$2.70B	$2.70B	$2.78B	$2.89B	$2.79B	$3.19B	$989.30M	$842.71M	$849.89M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.85%	0.91%	0.82%	0.83%	0.93%	1.11%	1.05%	1.27%	1.11%

Warner Bros. Discovery's average Quarter SG&A projection for Dec 23 is $2.80B, based on 13 Wall Street analysts, with a range of $2.68B to $2.91B. The forecast indicates a 22.33% rise compared to WBD last annual SG&A of $2.29B (Sep 23).

Warner Bros. Discovery EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	4	4	4	4	3	3	3	3	3	3	3	3	4	4	4	6	13	7	6	6	13	6	6	6	5	5	5	11	12	11
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.00	$-0.00	$-0.44	$-0.86	$-0.94	$-1.49	$0.69	$0.18	$0.24
Avg Forecast	-	-	-	-	-	-	-	-	$0.01	$-0.05	$-0.20	$-0.05	$0.08	$-0.04	$-0.18	$-0.08	$-0.00	$-0.11	$-0.26	$-0.20	$-0.10	$-0.11	$-0.34	$-0.13	$-0.29	$-0.26	$0.08	$0.47	$0.84	$0.39
High Forecast	-	-	-	-	-	-	-	-	$0.01	$-0.05	$-0.19	$-0.05	$0.08	$-0.04	$-0.17	$0.27	-	$-0.11	$-0.25	$-0.18	$0.13	$-0.11	$-0.32	$-0.13	$-0.27	$-0.26	$0.08	$0.47	$0.84	$0.39
Low Forecast	-	-	-	-	-	-	-	-	$0.01	$-0.05	$-0.22	$-0.05	$0.07	$-0.04	$-0.19	$-0.25	$-0.01	$-0.12	$-0.28	$-0.21	$-0.18	$-0.12	$-0.36	$-0.14	$-0.31	$-0.26	$0.08	$0.47	$0.84	$0.39
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01%	0.00%	3.27%	2.97%	3.57%	-18.99%	1.47%	0.21%	0.61%

According to 5 Wall Street analysts, Warner Bros. Discovery's projected average Quarter EPS for Jun 22 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a -88.63% decrease compared to WBD previous annual EPS of $0.69 (Mar 22).

Warner Bros. Discovery Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
WBD	Warner Bros. Discovery	$9.95	$17.13	72.16%	Buy
ROKU	Roku	$68.71	$110.03	60.14%	Buy
PARA	Paramount Global	$10.58	$16.12	52.36%	Hold
DIS	Walt Disney Company	$114.26	$135.61	18.69%	Buy
AMC	AMC Entertainment	$4.44	$4.68	5.41%	Hold
NFLX	Netflix	$883.85	$608.20	-31.19%	Buy

WBD Forecast FAQ

Is Warner Bros. Discovery a good buy?

Yes, according to 22 Wall Street analysts, Warner Bros. Discovery (WBD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 54.55% of WBD's total ratings.

What is WBD's price target?

Warner Bros. Discovery (WBD) average price target is $17.13 with a range of $5 to $45, implying a 72.16% from its last price of $9.95. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Warner Bros. Discovery stock go up soon?

According to Wall Street analysts' prediction for WBD stock, the company can go up by 72.16% (from the last price of $9.95 to the average price target of $17.13), up by 352.26% based on the highest stock price target, and down by -49.75% based on the lowest stock price target.

Can Warner Bros. Discovery stock reach $15?

WBD's average twelve months analyst stock price target of $17.13 supports the claim that Warner Bros. Discovery can reach $15 in the near future.

What are Warner Bros. Discovery's analysts' financial forecasts?

Warner Bros. Discovery's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $42.66B (high $44.63B, low $40.66B), average EBITDA is $10.25B (high $10.72B, low $9.76B), average net income is $0 (high $0, low $0), average SG&A $11.56B (high $12.1B, low $11.02B), and average EPS is $0 (high $0, low $0). WBD's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $43.46B (high $45.47B, low $41.42B), average EBITDA is $10.44B (high $10.92B, low $9.95B), average net income is $0 (high $0, low $0), average SG&A $11.78B (high $12.33B, low $11.23B), and average EPS is $0 (high $0, low $0).

Did the WBD's actual financial results beat the analysts' financial forecasts?

Based on Warner Bros. Discovery's last annual report (Dec 2023), the company's revenue was $41.32B, which missed the average analysts forecast of $41.49B by -0.41%. Apple's EBITDA was $1.9B, missing the average prediction of $9.97B by -80.92%. The company's net income was $-4.647B, beating the average estimation of $-1.711B by 171.66%. Apple's SG&A was $9.7B, missing the average forecast of $11.25B by -13.81%. Lastly, the company's EPS was $-1.91, beating the average prediction of $-0.693 by 175.79%. In terms of the last quarterly report (Sep 2023), Warner Bros. Discovery's revenue was $9.98B, beating the average analysts' forecast of $9.97B by 0.12%. The company's EBITDA was $883M, missing the average prediction of $2.39B by -63.11%. Warner Bros. Discovery's net income was $-2M, missing the average estimation of $-277M by -99.28%. The company's SG&A was $2.29B, missing the average forecast of $2.7B by -15.22%. Lastly, the company's EPS was $-0.0008, missing the average prediction of $-0.112 by -99.29%