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

OverviewRevenueOwnershipFinancialsChartTranscripts

WBD Stock Forecast

Warner Bros. Discovery (WBD) stock forecast, based on 28 Wall Street analysts, predicts a 12-month average price target of $20.89, with a high of $27.00 and a low of $15.00. This represents a -0.48% decline from the last price of $20.99.

$5 $10 $15 $20 $25 $30 High: $27 Avg: $20.89 Low: $15 Last Closed Price: $20.99

WBD Stock Rating

Warner Bros. Discovery stock's rating consensus is Buy, based on 28 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (50.00%), 14 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 28 0 14 14 Strong Sell Sell Hold Buy Strong Buy

WBD Price Target Upside V Benchmarks

TypeNameUpside
StockWarner Bros. Discovery-0.48%
SectorCommunication Services Stocks 18.28%
IndustryEntertainment Stocks 23.36%
IdeaMobile Game Stocks List-0.42%

Price Target Trends

1M3M12M
# Anlaysts7911
Avg Price Target$22.43$20.89$19.36
Last Closing Price$20.99$20.99$20.99
Upside/Downside6.86%-0.48%-7.77%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 252814--24
Sep, 2531011--24
Aug, 2531011--24
Jul, 2531111--25
Jun, 25311121-27
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2025Argus Research$27.00$21.1627.60%28.63%
Oct 28, 2025Barrington$25.00$21.1518.20%19.10%
Oct 16, 2025Wells Fargo$21.00$18.4513.82%0.05%
Oct 08, 2025Guggenheim$22.00$18.6018.28%4.81%
Oct 08, 2025Barclays$20.00$18.607.53%-4.72%
Oct 06, 2025UBS$20.00$18.995.32%-4.72%
Oct 02, 2025Raymond James$22.00$19.3513.70%4.81%
Sep 25, 2025Benjamin SwinburneMorgan Stanley$15.00$19.84-24.40%-28.54%
Sep 22, 2025Laurent YoonBernstein$16.00$19.33-17.23%-23.77%
Apr 14, 2025Brandon NispelKeyBanc$13.00$8.0262.09%-38.07%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2025GuggenheimBuyBuyhold
Oct 06, 2025UBSNeutralNeutralhold
Oct 02, 2025Raymond JamesOutperformOutperformhold
Sep 25, 2025KeyBancOverweightSector Weightdowngrade
Sep 22, 2025BernsteinMarket PerformMarket Performhold
Sep 16, 2025Cowen & Co.BuyHolddowngrade
Apr 14, 2025KeyBancOverweightOverweighthold
Apr 04, 2025Raymond JamesOutperformOutperformhold
Mar 05, 2025CitigroupBuyBuyhold
Feb 28, 2025BernsteinMarket PerformMarket Performhold

Financial Forecast

EPS Forecast

$-5 $-4 $-3 $-2 $-1 $0 $1 $2 $3 $4 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.14$1.80$-3.76$-1.28$-4.61----
Avg Forecast$3.17$2.87$-2.08$-1.15$-4.40$-0.15$-0.06$0.05$0.31
High Forecast$3.30$2.99$-2.00$-0.92$-3.88$0.44$0.03$0.08$0.32
Low Forecast$3.03$2.75$-2.16$-1.22$-4.54$-1.59$-0.13$0.02$0.30
Surprise %-32.49%-37.28%80.77%11.30%4.77%----

Revenue Forecast

$10B $17B $24B $31B $38B $45B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$10.67B$12.19B$33.82B$41.32B$39.32B----
Avg Forecast$10.63B$12.12B$43.30B$41.45B$39.51B$39.62B$39.82B$41.27B$42.24B
High Forecast$10.97B$12.51B$44.45B$41.85B$40.04B$40.65B$39.94B$41.42B$43.72B
Low Forecast$10.27B$11.72B$42.02B$41.00B$39.18B$38.87B$39.71B$41.12B$40.82B
Surprise %0.41%0.56%-21.90%-0.31%-0.48%----

Net Income Forecast

$-15B $-10B $-5B $0 $5B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.22B$1.01B$-7.30B$-3.13B$-11.29B----
Avg Forecast$7.72B$6.99B$-5.08B$-2.62B$-10.26B$-207.92M$-117.16M$123.84M$756.38M
High Forecast$8.05B$7.28B$-4.88B$-2.25B$-9.45B$1.06B$84.35M$194.13M$790.87M
Low Forecast$7.39B$6.69B$-5.25B$-2.98B$-11.06B$-3.88B$-318.68M$53.55M$723.20M
Surprise %-84.22%-85.61%43.72%19.49%10.10%----

WBD Forecast FAQ

Is Warner Bros. Discovery stock a buy?

Warner Bros. Discovery stock has a consensus rating of Buy, based on 28 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 14 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Warner Bros. Discovery is a favorable investment for most analysts.

What is Warner Bros. Discovery's price target?

Warner Bros. Discovery's price target, set by 28 Wall Street analysts, averages $20.89 over the next 12 months. The price target range spans from $15 at the low end to $27 at the high end, suggesting a potential -0.48% change from the previous closing price of $20.99.

How does Warner Bros. Discovery stock forecast compare to its benchmarks?

Warner Bros. Discovery's stock forecast shows a -0.48% downside, underperforming the average forecast for the communication services stocks sector (18.28%) and underperforming the entertainment stocks industry (23.36%), trailing the Mobile Game Stocks List (-0.42%) investment idea.

What is the breakdown of analyst ratings for Warner Bros. Discovery over the past three months?

  • October 2025: 8.33% Strong Buy, 33.33% Buy, 58.33% Hold, 0% Sell, 0% Strong Sell.
  • September 2025: 12.50% Strong Buy, 41.67% Buy, 45.83% Hold, 0% Sell, 0% Strong Sell.
  • August 2025: 12.50% Strong Buy, 41.67% Buy, 45.83% Hold, 0% Sell, 0% Strong Sell.

What is Warner Bros. Discovery’s EPS forecast?

Warner Bros. Discovery's average annual EPS forecast for its fiscal year ending in December 2025 is $-0.15, marking a -96.75% decrease from the reported $-4.61 in 2024. Estimates for the following years are $-0.06 in 2026, $0.05 in 2027, and $0.31 in 2028.

What is Warner Bros. Discovery’s revenue forecast?

Warner Bros. Discovery's average annual revenue forecast for its fiscal year ending in December 2025 is $39.62B, reflecting a 0.77% increase from the reported $39.32B in 2024. The forecast for 2026 is $39.82B, followed by $41.27B for 2027, and $42.24B for 2028.

What is Warner Bros. Discovery’s net income forecast?

Warner Bros. Discovery's net income forecast for the fiscal year ending in December 2025 stands at $-208M, representing a -98.16% decrease from the reported $-11.294B in 2024. Projections indicate $-117M in 2026, $123.84M in 2027, and $756.38M in 2028.