WBD
Warner Bros. Discovery, Inc. NASDAQ Listed Jul 8, 2005$26.24
After hrs
$26.16
-0.15%
Mkt Cap $66.4B
52w Low $10.52
80.8% of range
52w High $29.98
50d MA $27.06
200d MA $25.08
P/E (TTM)
90.5x
EV/EBITDA
10.0x
P/B
1.8x
Debt/Equity
0.9x
ROE
2.0%
P/FCF
21.5x
RSI (14)
38.20
ATR (14)
$0.47
Beta
1.64
50d MA
$27.06
200d MA
$25.08
Avg Volume
20.5M
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
230 Park Avenue South · New York City, NY 10003 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 6, 2026 | AMC | -0.11 | -1.17 | -975.4% | 27.20 | -0.2% | -0.3% | -0.0% | +0.5% | -0.1% | +0.2% | — |
| Feb 26, 2026 | AMC | -0.03 | -0.10 | -209.7% | 28.80 | -1.4% | -2.2% | +1.2% | -1.1% | -0.9% | +0.2% | — |
| Nov 6, 2025 | AMC | -0.07 | -0.06 | +11.6% | 22.42 | +0.0% | +1.1% | +1.4% | +0.3% | -3.7% | -0.2% | — |
| Aug 7, 2025 | AMC | -0.24 | 0.63 | +362.8% | 11.86 | +0.0% | -8.0% | -1.2% | +4.1% | +7.4% | -2.2% | — |
| May 8, 2025 | AMC | -0.17 | -0.18 | -3.7% | 9.01 | +0.0% | +0.7% | +1.8% | -0.5% | +0.3% | -0.8% | — |
| Feb 27, 2025 | AMC | -0.03 | -0.20 | -658.3% | 11.00 | +0.6% | +4.2% | -3.8% | +2.7% | +1.0% | -6.4% | — |
| Nov 7, 2024 | AMC | -0.09 | 0.05 | +155.6% | 9.37 | -0.5% | -2.0% | +1.6% | -1.2% | +5.4% | +1.4% | — |
| Aug 7, 2024 | AMC | -0.26 | -4.07 | -1443.6% | 7.71 | -12.3% | -8.9% | +0.1% | -4.6% | +5.2% | -1.4% | — |
| May 9, 2024 | AMC | -0.20 | -0.40 | -104.6% | 8.04 | +1.4% | +1.4% | +2.8% | +2.1% | -4.2% | +0.4% | — |
| Feb 23, 2024 | AMC | -0.11 | -0.16 | -45.5% | 8.61 | +2.0% | -0.7% | +1.8% | +0.1% | +0.9% | -1.4% | — |
| Nov 8, 2023 | AMC | -0.13 | -0.17 | -30.8% | 9.40 | +2.9% | +2.6% | +5.1% | -2.4% | +5.6% | +1.1% | — |
| Aug 3, 2023 | AMC | -0.39 | -0.51 | -30.8% | 12.89 | +0.4% | +8.4% | +3.6% | -0.3% | -2.1% | +0.1% | — |
| May 5, 2023 | AMC | 0.21 | 0.18 | -14.3% | 12.89 | +0.9% | +4.4% | -0.4% | -2.8% | -5.1% | +1.1% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 10 | Freedom Broker | Maintains | Hold → Hold | — | $27.75 | $27.74 | -0.0% | +0.0% | +0.2% | -1.4% | -1.1% | +1.4% |
| Feb 27 | TD Cowen | Maintains | Hold → Hold | — | $28.80 | $28.39 | -1.4% | -2.2% | +1.2% | -1.1% | -0.9% | +0.2% |
| Feb 27 | Raymond James | Downgrade | Outperform → Underperform | — | $28.80 | $28.39 | -1.4% | -2.2% | +1.2% | -1.1% | -0.9% | +0.2% |
| Feb 27 | Benchmark | Downgrade | Buy → Hold | — | $28.80 | $28.39 | -1.4% | -2.2% | +1.2% | -1.1% | -0.9% | +0.2% |
| Feb 25 | Bernstein | Maintains | Market Perform → Market Perform | — | $29.15 | $29.04 | -0.4% | -0.9% | -0.3% | -2.2% | +1.2% | -1.1% |
| Jan 28 | UBS | Maintains | Neutral → Neutral | — | $28.07 | $28.09 | +0.1% | -0.3% | -1.4% | -0.2% | -0.1% | -1.2% |
| Jan 15 | Benchmark | Maintains | Buy → Buy | — | $28.63 | $28.71 | +0.3% | -0.5% | +0.3% | -1.2% | +1.0% | -0.6% |
| Jan 14 | Guggenheim | Maintains | Neutral → Neutral | — | $28.86 | $29.01 | +0.5% | -0.8% | -0.5% | +0.3% | -1.2% | +1.0% |
| Dec 10 | Freedom Broker | Maintains | Hold → Hold | — | $28.26 | $28.98 | +2.5% | +4.5% | -0.1% | +1.7% | -0.9% | -2.7% |
| Dec 9 | Seaport Global | Downgrade | Buy → Neutral | — | $27.23 | $27.46 | +0.8% | +3.8% | +4.5% | -0.1% | +1.7% | -0.9% |
| Dec 8 | Benchmark | Maintains | Buy → Buy | — | $26.08 | $27.64 | +6.0% | +4.4% | +3.8% | +4.5% | -0.1% | +1.7% |
| Dec 5 | Barrington Research | Downgrade | Outperform → Market Perform | — | $24.54 | $25.45 | +3.7% | +6.3% | +4.4% | +3.8% | +4.5% | -0.1% |
| Nov 14 | Barrington Research | Maintains | Outperform → Outperform | — | $22.14 | $22.75 | +2.8% | +4.0% | -1.3% | +4.2% | -2.5% | -0.9% |
| Nov 7 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $22.42 | $22.43 | +0.0% | +1.1% | +1.4% | +0.3% | -3.7% | -0.2% |
| Oct 30 | Rothschild & Co | Upgrade | Neutral → Buy | — | $21.34 | $21.47 | +0.6% | +1.3% | +3.8% | -0.7% | +1.4% | +0.7% |
| Oct 28 | Argus | Upgrade | Hold → Buy | — | $21.04 | $21.37 | +1.6% | -0.2% | +1.7% | +1.3% | +3.8% | -0.7% |
| Oct 28 | Barrington Research | Maintains | Outperform → Outperform | — | $21.04 | $21.37 | +1.6% | -0.2% | +1.7% | +1.3% | +3.8% | -0.7% |
| Oct 22 | Benchmark | Maintains | Buy → Buy | — | $20.33 | $20.68 | +1.7% | +1.0% | +3.5% | -0.5% | -0.5% | -0.2% |
| Oct 16 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $18.45 | $18.63 | +1.0% | -0.9% | -0.5% | +0.7% | +11.0% | +1.0% |
| Oct 8 | Guggenheim | Maintains | Buy → Buy | — | $18.60 | $18.73 | +0.7% | -3.8% | -1.2% | -3.2% | +4.0% | +1.1% |
| Oct 6 | UBS | Maintains | Neutral → Neutral | — | $18.99 | $19.03 | +0.2% | +0.5% | -2.5% | -3.8% | -1.2% | -3.2% |
| Oct 2 | Raymond James | Maintains | Outperform → Outperform | — | $19.35 | $19.33 | -0.1% | -0.6% | -1.3% | +0.5% | -2.5% | -3.8% |
| Sep 30 | Goldman Sachs | Maintains | Neutral → Neutral | — | $18.86 | $18.94 | +0.4% | +3.6% | -0.9% | -0.6% | -1.3% | +0.5% |
| Sep 30 | BofA Securities | Maintains | Buy → Buy | — | $18.86 | $18.94 | +0.4% | +3.6% | -0.9% | -0.6% | -1.3% | +0.5% |
| Sep 26 | KeyBanc Capital Markets | Downgrade | Overweight → Sector Weight | — | $19.78 | $19.34 | -2.2% | -1.4% | -3.3% | +3.6% | -0.9% | -0.6% |
| Sep 25 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $19.82 | $19.62 | -1.0% | -0.2% | -1.4% | -3.3% | +3.6% | -0.9% |
| Sep 22 | Bernstein | Maintains | Market Perform → Market Perform | — | $19.33 | $19.27 | -0.3% | +1.4% | -0.3% | +1.3% | -0.2% | -1.4% |
| Sep 16 | TD Cowen | Downgrade | Buy → Hold | — | $19.46 | $18.77 | -3.5% | -6.2% | -1.4% | +3.9% | +3.4% | +1.4% |
| Sep 12 | Needham | Maintains | Hold → Hold | — | $16.17 | $17.53 | +8.4% | +16.7% | +3.1% | -6.2% | -1.4% | +3.9% |
| Sep 11 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $12.54 | $12.59 | +0.4% | +28.9% | +16.7% | +3.1% | -6.2% | -1.4% |
| Aug 8 | Raymond James | Maintains | Outperform → Outperform | — | $11.86 | $11.86 | +0.0% | -8.0% | -1.2% | +4.1% | +7.4% | -2.2% |
| Aug 8 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $11.86 | $11.86 | +0.0% | -8.0% | -1.2% | +4.1% | +7.4% | -2.2% |
| Aug 8 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $11.86 | $11.86 | +0.0% | -8.0% | -1.2% | +4.1% | +7.4% | -2.2% |
| Aug 6 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $12.72 | $12.80 | +0.6% | +0.6% | -7.3% | -8.0% | -1.2% | +4.1% |
| Jul 30 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $13.12 | $13.10 | -0.2% | +1.1% | -0.7% | -2.3% | -0.5% | -0.6% |
| Jul 30 | Barrington Research | Maintains | Outperform → Outperform | — | $13.12 | $13.10 | -0.2% | +1.1% | -0.7% | -2.3% | -0.5% | -0.6% |
| Jul 14 | Benchmark | Maintains | Buy → Buy | — | $11.73 | $11.73 | +0.0% | +2.4% | +0.2% | +4.6% | +2.1% | -0.7% |
| Jul 9 | Barclays | Maintains | Equal Weight → Equal Weight | — | $11.41 | $11.45 | +0.4% | +0.7% | +1.4% | +0.7% | +2.4% | +0.2% |
| Jul 8 | UBS | Maintains | Neutral → Neutral | — | $11.02 | $11.08 | +0.5% | +3.5% | +0.7% | +1.4% | +0.7% | +2.4% |
| Jul 2 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $10.94 | $11.00 | +0.5% | +1.6% | +0.9% | -1.8% | +3.5% | +0.7% |
| Jul 1 | BofA Securities | Maintains | Buy → Buy | — | $11.46 | $10.95 | -4.5% | -4.5% | +1.6% | +0.9% | -1.8% | +3.5% |
| Jun 10 | Guggenheim | Maintains | Buy → Buy | — | $9.53 | $9.55 | +0.2% | +5.0% | +5.0% | -3.3% | -1.3% | +7.3% |
| Jun 10 | Needham | Maintains | Hold → Hold | — | $9.53 | $9.55 | +0.2% | +5.0% | +5.0% | -3.3% | -1.3% | +7.3% |
| Jun 9 | Barrington Research | Maintains | Outperform → Outperform | — | $9.82 | $10.62 | +8.1% | -3.0% | +5.0% | +5.0% | -3.3% | -1.3% |
| May 29 | Citigroup | Maintains | Buy → Buy | — | $10.02 | $10.18 | +1.6% | +0.2% | -0.7% | +0.3% | -0.6% | -1.5% |
| May 13 | Barrington Research | Maintains | Outperform → Outperform | — | $9.23 | $9.28 | +0.5% | -0.5% | +0.3% | -0.8% | +0.2% | -1.2% |
| May 9 | Barclays | Maintains | Equal Weight → Equal Weight | — | $9.01 | $9.01 | +0.0% | +0.7% | +1.8% | -0.5% | +0.3% | -0.8% |
| May 9 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $9.01 | $9.01 | +0.0% | +0.7% | +1.8% | -0.5% | +0.3% | -0.8% |
| May 6 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $8.37 | $8.18 | -2.3% | +0.7% | +1.5% | +5.3% | +0.7% | +1.8% |
| Apr 17 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $7.92 | $8.01 | +1.1% | +2.4% | -2.1% | +0.1% | +4.8% | +2.0% |
No insider trades available.
8-K · 7.01
! Medium
Paramount Skydance Corporation -- 8-K 7.01: Regulation FD Disclosure
Jun 18
8-K
Warner Bros. Discovery, Inc. -- 8-K Filing
Jun 12
8-K · 7.01
! Medium
Paramount Skydance Corporation -- 8-K 7.01: Regulation FD Disclosure
Jun 10
8-K · 1.01
! Medium
Warner Bros. Discovery, Inc. -- 8-K 1.01: Financing / Debt Agreement
Jun 4
8-K · 1.01
! Medium
Warner Bros. Discovery, Inc. -- 8-K 1.01: Financing / Debt Agreement
Warner Bros. Discovery's subsidiaries received required bondholder consents to amend indentures governing their notes, indicating successful restructuring negotiations that reduce refinancing risk for the debt-laden media company.
May 27
8-K · 5.02
!!! Very High
Warner Bros. Discovery, Inc. -- 8-K 5.02: Executive Change
Warner Bros. Discovery lost director Gunnar Wiedenfels through resignation, which may signal internal governance changes and could affect board oversight of the media and entertainment company.
Apr 30
8-K
Warner Bros. Discovery, Inc. Series A -- 8-K Filing
Warner Bros. Discovery shareholders voted on corporate matters, with the filing detailing voting results on key proposals including director elections and other business items.
Apr 23
8-K
Unknown — 8-K Filing
Warner Bros. Discovery secured a severance protection agreement for an executive, shifting post-merger tax liabilities to shareholders—investors should monitor whether similar arrangements inflate total deal costs.
Mar 16
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery is conducting a tender offer for Series A shares at $30.00 per share, allowing shareholders to sell holdings back to the company at a fixed price.
Feb 27
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery's $30.00-per-share tender offer for Series A shares expires February 19, 2026, providing shareholders a defined exit opportunity at a fixed price.
Feb 27
8-K
Warner Bros. Discovery, Inc. Series A -- 8-K Filing
Warner Bros. Discovery faces potential merger delays with accumulated ticking consideration payments capped at $0.25 per 90-day period if closing extends beyond September 30, 2026.
Feb 27
8-K · 7.01
! Medium
Warner Bros. Discovery, Inc. Series A -- 8-K 7.01: Regulation FD Disclosure
Warner Bros. Discovery disclosed material shareholder information via its investor relations website, indicating the company uses digital channels to communicate significant updates to shareholders.
Feb 26
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery is conducting a tender offer for its Series A shares at $30.00 per share, allowing shareholders to sell their holdings at this fixed price.
Feb 25
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery is offering to repurchase its Series A shares at $30.00 per share through February 19, 2026, providing shareholders a liquidity opportunity for this security.
Feb 25
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery's tender offer at $30.00 per share represents a potential acquisition or recapitalization event that could affect shareholder returns and capital structure for WBD investors.
Feb 24
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery's tender offer at $30 per share allows shareholders to sell their Series A shares back to the company at a fixed price, providing liquidity for this illiquid security.
Feb 19
8-K · 1.01
! Medium
Warner Bros. Discovery, Inc. Series A -- 8-K 1.01: Financing / Debt Agreement
Warner Bros. Discovery amended its bridge loan facility through subsidiary Discovery Global Holdings, providing additional financing flexibility to support operations and strategic initiatives.
Feb 18
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery is conducting a tender offer to repurchase its Series A shares at $30.00 per share, potentially reducing share count and returning capital to shareholders.
Feb 17
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery is conducting a tender offer to repurchase Series A shares at $30.00 per share, allowing shareholders to sell holdings back to the company.
Feb 10
SC TO-T
!!! Very High
Warner Bros. Discovery, Inc. Series A -- Tender Offer
Warner Bros. Discovery is conducting a tender offer to repurchase its Series A shares at $30.00 per share, allowing shareholders to sell their holdings back to the company.
Feb 10
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Capital Management Llc | 156,908,590 | $4.3B | New | Mar 2026 |
| 2 | Vanguard Portfolio Management Llc | 103,397,641 | $2.8B | New | Mar 2026 |
| 3 | Morgan Stanley | 54,925,484 | $1.6B | Added | Dec 2025 |
| 4 | Millennium Management | 43,939,392 | $1.2B | Added | Mar 2026 |
| 5 | Fmr Llc | 32,470,573 | $892M | Added | Mar 2026 |
| 6 | Citadel Advisors Llc | 29,380,710 | $807M | Added | Mar 2026 |
| 7 | Barclays Plc | 27,580,875 | $757M | Added | Mar 2026 |
| 8 | Invesco Ltd. | 25,551,263 | $702M | Reduced | Mar 2026 |
| 9 | Northern Trust Corp | 22,502,046 | $618M | Reduced | Mar 2026 |
| 10 | Ubs Group Ag | 19,572,331 | $537M | Reduced | Mar 2026 |
| 11 | Jpmorgan Chase & Co | 19,716,367 | $534M | Added | Mar 2026 |
| 12 | Bank Of America Corp /de/ | 16,616,949 | $456M | Added | Mar 2026 |
| 13 | Caxton Associates Llp | 16,390,762 | $450M | Added | Mar 2026 |
| 14 | Qube Research & Technologies Ltd | 15,325,780 | $421M | Added | Mar 2026 |
| 15 | D.e. Shaw & Co | 14,889,403 | $409M | Added | Mar 2026 |
| 16 | Amundi | 14,683,675 | $403M | New | Mar 2026 |
| 17 | Bank Of New York Mellon Corp | 12,777,598 | $351M | Reduced | Mar 2026 |
| 18 | Pacer Advisors, Inc. | 9,388,632 | $271M | Reduced | Dec 2025 |
| 19 | Independent Franchise Partners Llp | 8,697,730 | $239M | Reduced | Mar 2026 |
| 20 | Nomura Holdings Inc | 7,566,665 | $208M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$66.39B
Enterprise Value
$94.25B
P/E (TTM)
90.48x
Forward P/E
—
PEG Ratio
-0.92x
P/B
1.75x
P/S
1.78x
P/FCF
21.50x
EV/EBITDA
10.01x
Shares Out
2.53B
Financials (TTM)
Revenue
$37.30B
Net Income
$727.0M
EBITDA
$9.42B
Free Cash Flow
$3.09B
Op Cash Flow
$4.32B
EPS Basic
$0.29
EPS Diluted
$0.29
EPS Forward
$-0.10
Gross Margin
28.2%
Op Margin
3.5%
Net Margin
1.9%
Balance Sheet
Total Assets
$100.08B
Total Liab.
$62.92B
Total Equity
$37.17B
Cash
$4.57B
LT Debt
$32.43B
Book Value/Sh
$15.02
Debt/Equity
0.91x
Current Ratio
1.06
Quick Ratio
1.06
Returns & Growth
ROE
2.0%
ROA
0.7%
ROIC
0.7%
Rev Growth YoY
-5.1%
EPS Growth YoY
+106.3%
Price Returns
2W
-0.4%
1M
-0.1%
3M
-4.1%
6M
+12.5%
12M
+170.9%
Technicals
52W High
$29.98
52W Low
$10.52
50d MA
$27.06
200d MA
$25.08
RSI (14)
38.20
ATR (14)
$0.47
Beta
1.64
Avg Volume
20.5M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
1
Ex-Div Date
Mar 24, 2010
Analyst Price Targets
Consensus
$29.94
High
$31.00
Low
$28.00
Median
$30.00
Data updated apr 27, 2026 8:49am
· Source: financialmodelingprep.com