WARNER BROS DISCOVERY INC (WBD) Forecast, Price Target & Analyst Ratings

NASDAQ:WBD • US9344231041

Current stock price

27.51 USD
+0.37 (+1.36%)
At close:
27.46 USD
-0.05 (-0.18%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for WARNER BROS DISCOVERY INC (WBD).

Forecast Snapshot

Consensus Price Target

Price Target
$29.41
+ 6.92% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
-$0.08
Revenue Estimate
8.994B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
65.19%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$29.41
Upside
+ 6.92%
From current price of $27.51 to mean target of $29.41, Based on 27 analyst forecasts
Low
$22.22
Median
$30.09
High
$36.75

Price Target Revisions

1 Month
0.62%
3 Months
27.52%

Price Target Summary

27 Wall Street analysts provided a forecast for the next 12 months for WBD. The average price target is 29.41 USD. This implies a price increase of 6.92% is expected in the next year compared to the current price of 27.51.
The average price target has been revised upward by 27.52% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

WBD Current Analyst RatingWBD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

WBD Historical Analyst RatingsWBD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
65.19%
WBD was analyzed by 27 analysts. The buy percentage consensus is at 65. So analysts seem to be rather neutral about WBD.
In the last month the buy percentage fell by 5 points. So the trust of analysts is decreasing.
WBD was analyzed by 27 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-09Wells FargoReiterate Equal-Weight -> Equal-Weight
2026-02-27TD CowenMaintains Hold -> Hold
2026-02-27BenchmarkDowngrade Buy -> Hold
2026-02-27Raymond JamesDowngrade Outperform -> Underperform
2026-02-25BernsteinMaintains Market Perform -> Market Perform
2026-01-28UBSMaintains Neutral -> Neutral
2026-01-15BenchmarkMaintains Buy -> Buy
2026-01-14GuggenheimMaintains Neutral -> Neutral
2025-12-09Seaport GlobalDowngrade Buy -> Neutral
2025-12-08BenchmarkMaintains Buy -> Buy
2025-12-05Barrington ResearchDowngrade Outperform -> Market Perform
2025-11-14Barrington ResearchMaintains Outperform -> Outperform
2025-11-07Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-10-30Rothschild & CoUpgrade Neutral -> Buy
2025-10-28Barrington ResearchMaintains Outperform -> Outperform
2025-10-28Argus ResearchUpgrade Hold -> Buy
2025-10-22BenchmarkMaintains Buy -> Buy
2025-10-16Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-10-08GuggenheimMaintains Buy -> Buy
2025-10-06UBSMaintains Neutral -> Neutral
2025-10-02Raymond JamesMaintains Outperform -> Outperform
2025-09-30Goldman SachsMaintains Neutral -> Neutral
2025-09-30B of A SecuritiesMaintains Buy -> Buy
2025-09-26KeybancDowngrade Overweight -> Sector Weight
2025-09-25Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
-$0.08
Revenue Estimate
8.994B
Revenue Q2Q
0.18%
EPS Q2Q
55.62%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
1.03%
Revenue (3 Months)
0.48%
EPS (1 Month)
-1.40%
EPS (3 Months)
-16.31%

Next Earnings Summary

WBD is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is -0.08 USD and the consensus revenue estimate is 8.99B USD.
The next earnings revenue estimate has been revised upward by 0.48% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
WBD revenue by date.WBD revenue by date.
41.321B
22.19%		39.321B
-4.84%		37.296B
-5.15%		37.754B
1.23%		38.337B
1.54%		39.008B
1.75%		39.242B
0.60%		39.78B
1.37%
EBITDA
YoY % growth
WBD ebitda by date.WBD ebitda by date.
23.123B
29.48%		21.001B
-9.18%		18.848B
-10.25%		8.63B
-54.21%		8.627B
-0.03%		8.663B
0.42%		9.035B
4.29%		8.742B
-3.24%
EBIT
YoY % growth
WBD ebit by date.WBD ebit by date.
-560M
83.74%		576M
202.86%		1.309B
127.26%		2.433B
85.87%		2.355B
-3.21%		2.321B
-1.44%		2.668B
14.95%		3.054B
14.47%
Operating Margin
WBD operating margin by date.WBD operating margin by date.
-1.36%1.46%3.51%6.44%6.14%5.95%6.80%7.68%
EPS
YoY % growth
WBD eps by date.WBD eps by date.
-1.26
-320.00%		-0.91
27.78%		0.29
131.87%		-0.13
-143.43%		-0.11
9.13%		-0.28
-148.83%		0.85
397.87%		1.24
46.43%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		-0.08
55.62%		-0.06
-109.26%		0.01
108.42%		0.04
140.40%		-0.09
-13.79%		-0.09
-47.11%		-0.01
-300.00%		-0.06
-250.00%
Revenue
Q2Q % growth		8.994B
0.18%		9.515B
-3.03%		9.081B
0.40%		9.668B
2.20%		8.976B
-0.20%		9.631B
1.22%		9.325B
2.69%		9.763B
0.98%
EBITDA
Q2Q % growth		1.991B
-58.51%		2.094B
-78.48%		2.331B
-83.63%		2.169B
-88.00%		2.083B
4.62%		2.024B
-3.34%		2.202B
-5.53%		2.096B
-3.37%
EBIT
Q2Q % growth		386.54M
172.21%		390.03M
864.76%		636.86M
-18.46%		670.64M
25.12%		241.9M
-37.42%		267.15M
-31.51%		495.41M
-22.21%		245.94M
-63.33%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

WBD Yearly Revenue VS EstimatesWBD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
WBD Yearly EPS VS EstimatesWBD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 -2 -4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-43.94%
EPS Next 5 Year
33.77%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.18%
Revenue Next 5 Year
1.10%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
103.30%
EBIT Next 5 Year
53.35%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

WARNER BROS DISCOVERY INC / WBD Forecast FAQ

What is the price target for WBD stock?

27 analysts have analysed WBD and the average price target is 29.41 USD. This implies a price increase of 6.92% is expected in the next year compared to the current price of 27.51.

When does WARNER BROS DISCOVERY INC (WBD) report earnings?

WARNER BROS DISCOVERY INC (WBD) will report earnings on 2026-05-06, before the market open.

What are the consensus estimates for WARNER BROS DISCOVERY INC (WBD) next earnings?

The consensus EPS estimate for the next earnings of WARNER BROS DISCOVERY INC (WBD) is -0.08 USD and the consensus revenue estimate is 8.99B USD.

What is the expected long term growth rate for WBD stock?

The expected long term growth rate for WARNER BROS DISCOVERY INC (WBD) is 1.18%.