Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.17
-0.63 (-2.19%)
At close: Feb 27, 2026, 4:00 PM EST
28.26
+0.09 (0.32%)
After-hours: Feb 27, 2026, 7:58 PM EST
Market Cap69.86B +190.0%
Revenue (ttm)37.30B -5.2%
Net Income728.00M
EPS0.29
Shares Out 2.48B
PE Ratio97.14
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume68,762,136
Open28.39
Previous Close28.80
Day's Range28.12 - 28.40
52-Week Range7.52 - 30.00
Beta1.62
AnalystsBuy
Price Target22.18 (-21.26%)
Earnings DateFeb 26, 2026

About WBD

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 lice... [Read more]

Industry Entertainment
Founded 1923
Employees 35,000
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 21 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $22.18, which is a decrease of -21.26% from the latest price.

Price Target
$22.18
(-21.26% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Netflix says it bailed on WBD because of money, not Donald Trump

Netflix shocked the media world when it walked away from the Warner Bros. Discovery bidding war last week.

Other symbols: NFLX
6 hours ago - Business Insider

The faces behind Paramount's Warner Bros. Discovery-takeover victory

The epic, six-month tango between some of the largest players in media for the owner of the Warner Bros. studio, HBO Max streamer and CNN came to a suitably stunning finish late Thursday — although re...

Other symbols: PSKY
17 hours ago - New York Post

Why did Netflix back down from its deal to acquire Warner Bros.

Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio.

Other symbols: NFLX
1 day ago - TechCrunch

What to know about the landmark Warner Bros. Discovery sale

The streaming and entertainment industry just witnessed one of its most high-stakes megadeals ever, stunning industry observers. Not only is it historic in its size, but it is also predicted to disrup...

1 day ago - TechCrunch

On Wall Street, even the losers are winners in the battle for Warner Bros. Discovery

Paramount Skydance is set to gain control over Warner Bros. Discovery after Netflix withdrew.

1 day ago - Business Insider

Six Months, 9 Offers and $81 Billion. How Hollywood's Nasty Takeover Was Won.

Paramount's David Ellison used his wealth and influence to get Warner

Other symbols: PSKY
2 days ago - WSJ

California AG on Paramount–Warner Bros., Tariff Lawsuits

California Attorney General Rob Bonta says his office plans a vigorous review of the proposed Paramount–Warner Bros. Discovery merger.

Other symbols: PSKY
2 days ago - Bloomberg Markets and Finance

Paramount Issuing $47 Billion of Equity at Big Premium to Stock Price for Warner Bros. Deal

Paramount Skydance received a big vote of confidence from its controlling shareholders, including the Ellison family, when they agreed to fully back an equity offering to help fund the company's deal ...

Other symbols: PSKY
2 days ago - Barrons

Opinion | Why Netflix Lost Warner to Paramount

Antitrust is a political weapon, alas, and the streamer leaned left.

Other symbols: NFLXPSKY
2 days ago - WSJ

Read the memo: David Ellison addresses staff as Paramount Skydance and Warner Bros. make it official

Read the memo Paramount Skydance CEO David Ellison sent about the Warner Bros. Discovery merger.

Other symbols: PSKY
2 days ago - Business Insider

Warner Bros. Discover CEO David Zaslav calls Paramount pivot ‘whiplash-y' as $110B deal takes shape

Zaslav struck an upbeat tone about the blockbuster deal, telling employees, “Together, we can be a great company.”

2 days ago - New York Post

Warner Bros signs $110 billion deal with Paramount, ends bidding war with Netflix

Warner Bros Discovery said on Friday it has agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the H...

Other symbols: PSKY
2 days ago - Reuters

Massive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion Deal

It's official. For real this time. Warner Bros. Discovery is selling itself to Paramount for $31 a share in cash. The companies unveiled their formal agreement on Friday. WBD jilted previous partner N...

Other symbols: PSKY
2 days ago - Deadline

PARAMOUNT TO ACQUIRE WARNER BROS. DISCOVERY TO FORM NEXT-GENERATION GLOBAL MEDIA AND ENTERTAINMENT COMPANY

The newly merged company will be well positioned to compete in the rapidly evolving entertainment industry where storytelling combined with world class technology expertise will be an important driver...

Other symbols: PSKY
2 days ago - PRNewsWire

The real winner in the battle for Warner Bros. isn't who you think it is

Also in Weekend Reads: How to invest during the AI transition, what OpenAI needs to do and a warning for aspiring day traders.

2 days ago - Market Watch

WBD employees fear coming wave of job losses as Paramount tops Netflix's bid to acquire company

CNBC anonymously spoke with 10 WBD employees in various positions throughout the company. All 10 expressed some level of concern about potential job losses given Paramount's $6 billion synergy target.

Other symbols: PSKY
2 days ago - CNBC

WBD and Paramount may have an easier time winning regulatory approval than Netflix

With Netflix out of the picture, a Paramount and Warner Bros. Discovery deal might have fewer obstacles to regulatory approval.

Other symbols: PSKY
2 days ago - CNBC

Here's everything in the Ellisons' massive media empire if Paramount-Warner Bros. deal proceeds

Larry and David Ellison of Paramount Skydance are poised to control a behemoth media empire if their winning bid for Warner Bros. Discovery gains regulatory approval – including HBO, Paramount, CNN, C...

Other symbols: PSKY
2 days ago - New York Post

Exclusive: Paramount expected to easily secure EU nod for Warner Bros deal, sources say

Paramount Skydance is expected to easily gain European Union antitrust approval to buy Warner Bros Discovery while divestments, if required to address regulatory concerns, will likely be minor, two pe...

Other symbols: PSKY
2 days ago - Reuters

Netflix stock price rises along with Paramount while WBD falls. How the merger shakeup is impacting markets

Last night's surprise announcement from Netflix that it was abandoning its Warner Bros. takeover bid in the wake of a “superior” offer from Paramount Skydance has sent shockwaves through both Hollywoo...

Other symbols: NFLXPSKY
2 days ago - Fast Company

Exclusive: Warner Bros signs $110 billion deal with Paramount, its executive discloses in townhall

Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday morning, according to an audio clip of a global townhall by the company, which was reviewed b...

Other symbols: PSKY
2 days ago - Reuters

The Battle For Warner Bros May Be Over, But Regulatory Scrutiny Of Paramount's Deal Is Not

Paramount may have won the bidding for Warner Bros. Discovery, but the regulatory and political scrutiny is not over.

Other symbols: PSKY
2 days ago - Deadline

Did Paramount overpay and Netflix get away scot-free? Taking stock of the Warner Bros.

Paramount must now absorb a troubled asset at a high cost, while Netflix investors seem overjoyed to not have such problems.

Other symbols: NFLXPSKY
2 days ago - Market Watch

Here are the real winners and losers in epic Hollywood battle for Warner Bros. Discovery

The six-month tango between some of the largest players in media for the owner of the Warner Bros. studio, HBO Max streamer and CNN came to a suitably stunning finish.

2 days ago - New York Post

Netflix says it's not buying Warner Bros. after all: ‘No longer financially attractive'

Netflix is declining to raise its offer to buy Warner Bros. Discovery's studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywo...

Other symbols: NFLX
2 days ago - Fast Company