WARNER MUSIC GROUP CORP-CL A (WMG) Forecast, Price Target & Analyst Ratings

NASDAQ:WMG • US9345502036

Current stock price

24.1 USD
+0.33 (+1.39%)
At close:
24.1 USD
0 (0%)
After Hours:

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 MUSIC GROUP CORP-CL A (WMG).

Forecast Snapshot

Consensus Price Target

Price Target
$37.82
+ 56.92% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q2 / 2026
EPS Estimate
$0.26
Revenue Estimate
1.618B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$37.82
Upside
+ 56.92%
From current price of $24.10 to mean target of $37.82, Based on 24 analyst forecasts
Low
$23.23
Median
$38.20
High
$48.30

Price Target Revisions

1 Month
-1.40%
3 Months
-1.49%

Price Target Summary

24 Wall Street analysts provided a forecast for the next 12 months for WMG. The average price target is 37.82 USD. This implies a price increase of 56.92% is expected in the next year compared to the current price of 24.1.
The average price target has been revised downward by 1.49% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

WMG Current Analyst RatingWMG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

WMG Historical Analyst RatingsWMG 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 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
81.67%
WMG was analyzed by 24 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about WMG.
In the previous month the buy percentage consensus was at a similar level.
WMG was analyzed by 24 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
2026-02-13ScotiaBankUpgrade Sector Perform -> Sector Outperform
2026-01-21CitigroupMaintains Buy -> Buy
2025-12-18Morgan StanleyUpgrade Equal-Weight -> Overweight
2025-12-11JefferiesMaintains Buy -> Buy
2025-11-21B of A SecuritiesMaintains Neutral -> Neutral
2025-10-30BernsteinMaintains Outperform -> Outperform
2025-10-14Wells FargoUpgrade Equal-Weight -> Overweight
2025-10-08JP MorganMaintains Overweight -> Overweight
2025-10-01B of A SecuritiesMaintains Neutral -> Neutral
2025-09-10Tigress FinancialMaintains Buy -> Buy
2025-09-09CitigroupMaintains Buy -> Buy
2025-08-12Goldman SachsMaintains Neutral -> Neutral
2025-08-08UBSMaintains Buy -> Buy
2025-08-08Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-07-15Redburn AtlanticUpgrade Sell -> Neutral
2025-07-09BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-09B of A SecuritiesUpgrade Underperform -> Neutral
2025-07-07JP MorganMaintains Overweight -> Overweight
2025-07-03BernsteinMaintains Outperform -> Outperform
2025-05-29CitigroupMaintains Buy -> Buy
2025-05-12Goldman SachsDowngrade Buy -> Neutral
2025-05-09GuggenheimMaintains Buy -> Buy
2025-05-09UBSMaintains Buy -> Buy
2025-05-09BarclaysMaintains Equal-Weight -> Equal-Weight
2025-05-09Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q2 / 2026
EPS Estimate
$0.26
Revenue Estimate
1.618B
Revenue Q2Q
9.03%
EPS Q2Q
273.58%
Number of Analysts
16

Next Earnings Revisions

Revenue (1 Month)
0.06%
Revenue (3 Months)
1.00%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.90%

Next Earnings Summary

WMG is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 0.26 USD and the consensus revenue estimate is 1.62B USD.
The next earnings revenue estimate has been revised upward by 1% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

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

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
WMG revenue by date.WMG revenue by date.
6.037B
1.99%		6.426B
6.44%		6.707B
4.37%		7.181B
7.07%		7.612B
6.00%		8.045B
5.69%		8.322B
3.44%		8.84B
6.22%
EBITDA
YoY % growth
WMG ebitda by date.WMG ebitda by date.
1.121B
6.46%		1.295B
15.52%		1.304B
0.69%		1.664B
27.61%		1.859B
11.72%		2.011B
8.18%		1.992B
-0.94%		2.176B
9.24%
EBIT
YoY % growth
WMG ebit by date.WMG ebit by date.
789M
10.50%		968M
22.69%		928M
-4.13%		1.154B
24.35%		1.392B
20.62%		1.593B
14.44%		1.511B
-5.15%		1.679B
11.12%
Operating Margin
WMG operating margin by date.WMG operating margin by date.
13.07%15.06%13.84%16.07%18.29%19.80%18.16%18.99%
EPS
YoY % growth
WMG eps by date.WMG eps by date.
0.86
-18.87%		1.12
30.23%		0.70
-37.50%		1.36
94.72%		1.74
27.89%		1.96
12.72%		2.04
3.84%		2.19
7.43%

All data in USD

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

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.26
273.58%		0.36
1,284.80%		0.39
84.17%		0.48
43.97%		0.34
29.64%		0.43
21.71%		0.45
16.13%		0.56
16.92%		0.39
16.19%		0.49
14.40%		0.52
14.69%
Revenue
Q2Q % growth		1.618B
9.03%		1.806B
6.93%		1.914B
2.46%		1.967B
6.90%		1.768B
9.27%		1.958B
8.42%		2.056B
7.42%		2.093B
6.41%		1.909B
7.98%		2.085B
6.49%		2.168B
5.45%
EBITDA
Q2Q % growth		359.73M
0.76%		421.22M
-17.41%		449.45M
-30.21%		504.58M
18.45%		415.97M
15.63%		483.56M
14.80%		498.18M
10.84%		569.44M
12.85%		450.16M
8.22%		526.92M
8.97%		540.35M
8.46%
EBIT
Q2Q % growth		232.5M
28.45%		297.96M
25.19%		318.87M
18.98%		379.94M
16.19%		287.24M
23.54%		351.83M
18.08%		346.68M
8.72%		441.07M
16.09%		322.49M
12.27%		398.45M
13.25%		415.72M
19.91%

All data in USD

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

WMG Yearly Revenue VS EstimatesWMG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
WMG Yearly EPS VS EstimatesWMG Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 -0.5 1 1.5 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
41.06%
EPS Next 5 Year
25.64%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.88%
Revenue Next 5 Year
6.05%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
33.38%
EBIT Next 5 Year
20.75%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

WARNER MUSIC GROUP CORP-CL A / WMG Forecast FAQ

What is the price target for WMG stock?

24 analysts have analysed WMG and the average price target is 37.82 USD. This implies a price increase of 56.92% is expected in the next year compared to the current price of 24.1.

When does WARNER MUSIC GROUP CORP-CL A (WMG) report earnings?

WARNER MUSIC GROUP CORP-CL A (WMG) will report earnings on 2026-05-06, before the market open.

What are the consensus estimates for WMG stock next earnings?

The consensus EPS estimate for the next earnings of WARNER MUSIC GROUP CORP-CL A (WMG) is 0.26 USD and the consensus revenue estimate is 1.62B USD.

Can you provide the expected long term growth rate for WARNER MUSIC GROUP CORP-CL A stock?

The expected long term growth rate for WARNER MUSIC GROUP CORP-CL A (WMG) is 6.88%.