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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 31 Wall Street analysts, predicts a 12-month average price target of $25.50, with a high of $32.00 and a low of $16.00. This represents a -9.70% decline from the last price of $28.24.

$5 $11 $17 $23 $29 $35 High: $32 Avg: $25.5 Low: $16 Last Closed Price: $28.24

WBD Stock Rating

Warner Bros. Discovery stock's rating consensus is Hold, based on 31 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (45.16%), 17 Hold (54.84%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 31 0 17 14 Strong Sell Sell Hold Buy Strong Buy

WBD Price Target Upside V Benchmarks

TypeNameUpside
StockWarner Bros. Discovery-9.70%
SectorCommunication Services Stocks 21.47%
IndustryEntertainment Stocks 20.20%
IdeaMobile Game Stocks List23.15%

Price Target Trends

1M3M12M
# Anlaysts2817
Avg Price Target$31.00$28.56$22.91
Last Closing Price$28.24$28.24$28.24
Upside/Downside9.77%1.13%-18.87%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2618111-21
Dec, 2521112--25
Nov, 2521112--25
Oct, 252814--24
Sep, 2531011--24
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 15, 2026UBS$32.00$28.7811.19%13.31%
Jan 14, 2026Guggenheim$30.00$28.863.95%6.23%
Dec 18, 2025Morgan Stanley$29.00$28.212.80%2.69%
Dec 08, 2025Deutsche Bank$29.50$27.806.12%4.46%
Dec 08, 2025Argus Research$28.00$26.087.36%-0.85%
Oct 30, 2025Redburn Partners$28.00$21.3431.21%-0.85%
Oct 28, 2025Argus Research$27.00$21.1627.60%-4.39%
Oct 28, 2025Barrington$25.00$21.1518.20%-11.47%
Oct 16, 2025Wells Fargo$21.00$18.4513.82%-25.64%
Oct 08, 2025Guggenheim$22.00$18.6018.28%-22.10%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 15, 2026BenchmarkBuyBuyhold
Jan 14, 2026GuggenheimBuyNeutraldowngrade
Dec 08, 2025Seaport GlobalBuyNeutraldowngrade
Dec 08, 2025Deutsche BankBuyBuyhold
Dec 08, 2025BenchmarkBuyBuyhold
Oct 08, 2025GuggenheimBuyBuyhold
Oct 06, 2025UBSNeutralNeutralhold
Oct 02, 2025Raymond JamesOutperformOutperformhold
Sep 25, 2025KeyBancOverweightSector Weightdowngrade
Sep 22, 2025BernsteinMarket PerformMarket Performhold

Financial Forecast

EPS Forecast

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

Revenue Forecast

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

Net Income Forecast

$-15B $-10B $-5B $0 $5B $10B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.01B$-7.30B$-3.13B$-11.29B----
Avg Forecast$6.99B$-5.08B$-2.62B$-10.26B$-207.92M$-117.16M$123.84M$756.38M
High Forecast$7.28B$-4.88B$-2.25B$-9.45B$1.06B$84.35M$194.13M$790.87M
Low Forecast$6.69B$-5.25B$-2.98B$-11.06B$-3.88B$-318.68M$53.55M$723.20M
Surprise %-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 Hold, based on 31 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 17 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Warner Bros. Discovery is a neutral investment for most analysts.

What is Warner Bros. Discovery's price target?

Warner Bros. Discovery's price target, set by 31 Wall Street analysts, averages $25.5 over the next 12 months. The price target range spans from $16 at the low end to $32 at the high end, suggesting a potential -9.70% change from the previous closing price of $28.24.

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

Warner Bros. Discovery's stock forecast shows a -9.70% downside, underperforming the average forecast for the communication services stocks sector (21.47%) and underperforming the entertainment stocks industry (20.20%), trailing the Mobile Game Stocks List (23.15%) investment idea.

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

  • January 2026: 4.76% Strong Buy, 38.10% Buy, 52.38% Hold, 4.76% Sell, 0% Strong Sell.
  • December 2025: 8.00% Strong Buy, 44.00% Buy, 48.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2025: 8.00% Strong Buy, 44.00% Buy, 48.00% 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.