Warner Music Group (WMG) Stock Forecast & Price Target

$30.24 +0.21 (+0.70%)

As of 01/17/2025 04:00 PM Eastern

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 16 Analyst Ratings

Sell
2

Hold
5

Buy
9

Based on 16 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 16 analysts, 2 have given a sell rating, 5 have given a hold rating, and 9 have given a buy rating for WMG.

Consensus Price Target

$35.31
16.77% Upside

According to the 16 analysts' twelve-month price targets for Warner Music Group, the average price target is $35.31. 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 16.77% from the current price of $30.24.

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WMG Analyst Ratings Over Time

Type	Current Forecast 1/22/24 to 1/21/25	1 Month Ago 12/23/23 to 12/22/24	3 Months Ago 10/24/23 to 10/23/24	1 Year Ago 1/22/23 to 1/22/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	12 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$35.31	$35.67	$36.17	$37.19
Forecasted Upside	16.77% Upside	14.46% Upside	13.98% Upside	2.47% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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	2.44	2.58	2.52
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	16.77% Upside	508.86% Upside	12.44% Upside
News Sentiment Rating	Neutral 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
1/13/2025	Morgan Stanley 3 of 5 stars	Benjamin Swinburne Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$38.00 ➝ $37.00	+25.72%
1/10/2025	UBS Group 4 of 5 stars	Batya Levi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$43.00 ➝ $41.00	+39.93%
1/9/2025	Evercore ISI 2 of 5 stars		Lower Target	Outperform ➝ Outperform	$36.00 ➝ $35.00	+19.45%
1/8/2025	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$44.00 ➝ $40.00	+35.18%
11/29/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$31.00 ➝ $34.00	+5.72%
11/25/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		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%
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%
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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	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%
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 Tuesday at 03:41 AM 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 Sunday, January 12, 2025. 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.:

Warner Music Group Corp. reported a quarterly revenue of $1.63 billion, exceeding analysts' expectations of $1.59 billion, indicating strong financial performance and growth potential.
The company has a high return on equity of 69.29%, which suggests that it is effective at generating profits from its equity investments, making it an attractive option for investors seeking strong returns.
With a recent stock price around $30.96, the company offers a dividend yield of 2.46%, providing investors with a steady income stream through its quarterly dividend payments.
Warner Music Group Corp. has shown a year-over-year revenue increase of 2.8%, reflecting its ability to grow even in a competitive market, which can be a positive indicator for future performance.
Insider ownership is significant, with 73.35% of the stock held by corporate insiders, suggesting that those with the most knowledge about the company have confidence in its future prospects.

Warner Music Group
Bear Case

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

The company reported earnings per share (EPS) of only $0.08, missing the consensus estimate of $0.28 by a substantial margin, which may raise concerns about its profitability and operational efficiency.
Warner Music Group Corp. has a high debt-to-equity ratio of 5.95, indicating that it relies heavily on debt financing, which can pose risks, especially in times of economic downturns.
The dividend payout ratio is 86.75%, suggesting that a large portion of earnings is being paid out as dividends, which may limit the company's ability to reinvest in growth opportunities.
Recent insider selling, such as the sale of 35,000 shares by a director, could signal a lack of confidence in the company's short-term performance, potentially alarming investors.
The stock has a 52-week range between $27.06 and $38.05, indicating volatility, which may deter risk-averse investors looking for stable investments.

WMG Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Music Group is $35.31, with a high forecast of $44.00 and a low forecast of $23.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warner Music Group in the last year. There are currently 2 sell ratings, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research 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 16.77% based on their 12-month stock forecasts.
: Warner Music Group has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Guggenheim, JPMorgan Chase & Co., Loop Capital, Macquarie, Morgan Stanley, and UBS Group 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 1/21/2025 by MarketBeat.com Staff

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Warner Music Group (WMG) Stock Forecast & Price Target