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

Warner Bros. Discovery logo
$10.11 -0.12 (-1.17%)
(As of 11/22/2024 ET)

Warner Bros. Discovery - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
12
Buy
8

Based on 20 Wall Street analysts who have issued ratings for Warner Bros. Discovery in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 12 have given a hold rating, and 8 have given a buy rating for WBD.

Consensus Price Target

$10.55
4.38% Upside
According to the 20 analysts' twelve-month price targets for Warner Bros. Discovery, the average price target is $10.55. The highest price target for WBD is $18.00, while the lowest price target for WBD is $7.00. The average price target represents a forecasted upside of 4.38% from the current price of $10.11.
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WBD Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
10 Buy rating(s)
11 Buy rating(s)
Hold
12 Hold rating(s)
11 Hold rating(s)
12 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$10.55$10.66$11.25$16.73
Forecasted Upside4.38% Upside41.73% Upside39.75% Upside54.22% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

WBD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WBD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Warner Bros. Discovery Stock vs. The Competition

TypeWarner Bros. DiscoveryConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.40
2.56
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside4.38% Upside1,212.21% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent WBD News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/11/2024Wolfe Research
3 of 5 stars
P. Supino
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UpgradeUnderperform ➝ Peer Perform
11/8/2024Macquarie
2 of 5 stars
T. Nollen
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Boost TargetNeutral ➝ Neutral$8.00 ➝ $9.00-1.96%
11/8/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$8.00 ➝ $10.00+12.49%
11/8/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$11.00 ➝ $12.00+33.04%
11/7/2024Barrington Research
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 Reiterated RatingOutperform ➝ Outperform$12.00 ➝ $12.00+28.89%
10/10/2024Needham & Company LLC
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 Reiterated RatingHold
10/7/2024The Goldman Sachs Group
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M. Ng
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Boost TargetNeutral ➝ Neutral$7.50 ➝ $8.50+10.10%
9/13/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$18.00 ➝ $18.00+134.99%
9/13/2024Rosenblatt Securities
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 Reiterated RatingNeutral ➝ Neutral$9.00 ➝ $9.00+17.49%
8/13/2024Sanford C. Bernstein
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L. Yoon
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DowngradeOutperform ➝ Market Perform$10.00 ➝ $8.00+19.23%
8/9/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$10.00 ➝ $8.00+13.80%
8/8/2024TD Cowen
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 Lower TargetBuy ➝ Buy$15.00 ➝ $14.00+99.15%
8/8/2024Moffett Nathanson
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 Lower TargetNeutral ➝ Neutral$10.00 ➝ $9.00+27.48%
8/8/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$16.00 ➝ $15.00+113.68%
8/8/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$10.00 ➝ $9.00+31.39%
8/8/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$9.00 ➝ $7.00+1.89%
7/29/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $9.00+7.40%
5/10/2024KeyCorp
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B. Nispel
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UpgradeSector Weight ➝ Overweight$11.00+36.82%
2/29/2024Citigroup
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 Lower TargetBuy ➝ Buy$16.00 ➝ $14.00+59.27%
1/11/2024Redburn Atlantic
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 DowngradeBuy ➝ Neutral$11.00+0.27%
10/10/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$15.00 ➝ $13.00+23.46%
10/6/2023Seaport Res Ptn
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D. Joyce
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Reiterated RatingBuy
10/4/2023Guggenheim
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 Lower Target$18.00 ➝ $15.00+44.93%
9/6/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$17.00+47.83%
5/8/202322nd Century Group
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:56 PM ET.


Should I Buy Warner Bros. Discovery Stock? WBD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these Warner Bros. Discovery pros and cons to contact@marketbeat.com.

Warner Bros. Discovery
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Warner Bros. Discovery, Inc.:

  • Analysts have recently raised price targets for Warner Bros. Discovery, Inc., with Barclays increasing their target to $10.00, indicating a positive outlook for the stock.
  • The current stock price is $9.18, which is close to the average target price of $10.55, suggesting potential for growth.
  • Despite some downgrades, the company has received multiple "buy" ratings from analysts, indicating confidence in its future performance.
  • Warner Bros. Discovery, Inc. has a significant market capitalization of $22.51 billion, which reflects its stability and presence in the media industry.
  • The stock has shown resilience with a 12-month high of $12.70, demonstrating its potential for recovery and growth in value.

Warner Bros. Discovery
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Warner Bros. Discovery, Inc. for these reasons:

  • The stock has a negative price-to-earnings (P/E) ratio of -1.91, indicating that the company is currently not profitable, which can be a red flag for investors.
  • Recent reports show a mixed sentiment among analysts, with one sell rating and several hold ratings, suggesting uncertainty about the stock's performance.
  • The company has a debt-to-equity ratio of 1.06, which indicates that it has more debt than equity, potentially increasing financial risk.
  • Trading volumes have fluctuated, with recent volumes exceeding average levels, which may indicate volatility and uncertainty in investor sentiment.
  • Analysts have noted potential downside risks, with some target prices indicating a decrease from current levels, which could deter investment.

WBD Forecast - Frequently Asked Questions

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Bros. Discovery is $10.55, with a high forecast of $18.00 and a low forecast of $7.00.

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Discovery in the last year. There are currently 12 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBD, but not buy additional shares or sell existing shares.

According to analysts, Warner Bros. Discovery's stock has a predicted upside of 4.38% based on their 12-month stock forecasts.

Over the previous 90 days, Warner Bros. Discovery's stock had 1 upgrade by analysts.

Warner Bros. Discovery has been rated by research analysts at Barclays, Barrington Research, Benchmark, Macquarie, Needham & Company LLC, Raymond James, Rosenblatt Securities, The Goldman Sachs Group, and Wolfe Research in the past 90 days.

Analysts like Warner Bros. Discovery less than other "consumer discretionary" companies. The consensus rating for Warner Bros. Discovery is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how WBD compares to other companies.


This page (NASDAQ:WBD) was last updated on 11/23/2024 by MarketBeat.com Staff
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