Warner Music Group (WMG) Stock Forecast & Price Target

$31.16 +0.43 (+1.40%)

(As of 12/20/2024 05:31 PM ET)

Warner Music Group - Analysts' Recommendations and Stock Price Forecast (2025)

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

Hold

Based on 15 Analyst Ratings

Sell
2

Hold
5

Buy
8

Based on 15 Wall Street analysts who have issued ratings for Warner Music Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 2 have given a sell rating, 5 have given a hold rating, and 8 have given a buy rating for WMG.

Consensus Price Target

$35.67
14.46% Upside

According to the 15 analysts' twelve-month price targets for Warner Music Group, the average price target is $35.67. The highest price target for WMG is $44.00, while the lowest price target for WMG is $23.00. The average price target represents a forecasted upside of 14.46% from the current price of $31.16.

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WMG Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
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)	7 Buy rating(s)	8 Buy rating(s)	12 Buy rating(s)
Hold	5 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$35.67	$36.17	$36.69	$37.19
Forecasted Upside	14.46% Upside	15.99% Upside	20.54% Upside	5.38% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

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WMG 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.

WMG 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.

Warner Music Group Stock vs. The Competition

Type	Warner Music Group	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.40	2.57	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	14.46% Upside	202.28% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent WMG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/4/2024	Guggenheim 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$44.00 ➝ $44.00	+36.05%
11/29/2024	Citigroup 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$31.00 ➝ $34.00	+5.72%
11/25/2024	Loop Capital 2 of 5 stars		Lower Target	Hold ➝ Hold	$38.00 ➝ $35.00	+9.89%
11/22/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Nollen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$30.00 ➝ $30.00	-5.81%
11/22/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$41.00 ➝ $40.00	+25.39%
11/22/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$32.00 ➝ $31.00	-0.58%
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10/4/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Underperform	$33.00 ➝ $30.00	-5.84%
9/12/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Feinseth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$52.00 ➝ $44.00	+54.01%
8/13/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$42.00 ➝ $36.00	+30.86%
8/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$40.00 ➝ $36.00	+27.39%
8/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$37.00 ➝ $34.00	+20.31%
7/12/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Brisco Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$37.00	+22.76%
7/11/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$43.00 ➝ $38.00	+28.77%
7/10/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Sell	$21.00 ➝ $23.00	-24.19%
5/6/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight ➝ Overweight	$43.00 ➝ $43.00	+25.95%
10/3/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$34.00 ➝ $37.00	+19.01%
9/21/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$37.00	+21.67%
8/9/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$35.00 ➝ $40.00	+20.96%
7/25/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$38.00	+24.51%
6/2/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$39.00 ➝ $26.00	+6.60%
2/13/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$36.00	+5.66%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:39 PM ET.

Should I Buy Warner Music Group Stock? WMG 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 Thursday, December 12, 2024. Please send any questions or comments about these Warner Music Group pros and cons to contact@marketbeat.com.

Warner Music Group
Bull Case

Here are some ways that investors could benefit from investing in Warner Music Group Corp.:

The current stock price is $33.34, which is relatively close to the average target price of $36.17, indicating potential for growth.
Warner Music Group Corp. has a strong market presence in the music entertainment industry, operating in key markets such as the United States, the United Kingdom, and Germany.
The company recently announced a quarterly dividend of $0.18 per share, providing a yield of 2.16%, which can be attractive for income-focused investors.
Despite missing earnings expectations with an EPS of $0.08, the company reported revenue of $1.63 billion, exceeding analyst estimates, showcasing its revenue-generating capabilities.
Analysts have given a consensus rating of "Hold" with several buy ratings, suggesting that there is confidence in the company's future performance.

Warner Music Group
Bear Case

Investors should be bearish about investing in Warner Music Group Corp. for these reasons:

The company has a high debt-to-equity ratio of 6.26, indicating significant leverage, which can pose risks during economic downturns.
Recent analyst downgrades have lowered price targets, with Bank of America setting a target of $30.00, reflecting concerns about the company's performance.
Insider selling has been notable, with the CEO selling over 428,000 shares, which may signal a lack of confidence in the company's short-term prospects.
The company's net margin of 6.77% is relatively low, suggesting that profitability may be constrained compared to industry peers.
Warner Music Group Corp. has a payout ratio of 69.23%, which indicates that a significant portion of earnings is being returned to shareholders, potentially limiting reinvestment in growth opportunities.

WMG Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Music Group is $35.67, with a high forecast of $44.00 and a low forecast of $23.00.
: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Music Group in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WMG, but not buy additional shares or sell existing shares.
: According to analysts, Warner Music Group's stock has a predicted upside of 14.46% based on their 12-month stock forecasts.
: Warner Music Group has been rated by research analysts at Bank of America, Barclays, Citigroup, Guggenheim, JPMorgan Chase & Co., Loop Capital, and Macquarie in the past 90 days.
: Analysts like Warner Music Group less than other "consumer discretionary" companies. The consensus rating for Warner Music Group is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how WMG compares to other companies.

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This page (NASDAQ:WMG) was last updated on 12/21/2024 by MarketBeat.com Staff

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Warner Music Group (WMG) Stock Forecast & Price Target