Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · IEX Real-Time Price · USD
8.29
-0.09 (-1.07%)
At close: Apr 25, 2024, 4:00 PM
8.25
-0.04 (-0.48%)
Pre-market: Apr 26, 2024, 7:28 AM EDT
-1.07%
Market Cap 20.31B
Revenue (ttm) 41.32B
Net Income (ttm) -3.13B
Shares Out 2.45B
EPS (ttm) -1.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 23,340,583
Open 8.28
Previous Close 8.38
Day's Range 8.12 - 8.34
52-Week Range 8.02 - 14.76
Beta 1.49
Analysts Buy
Price Target 14.89 (+79.61%)
Earnings Date May 9, 2024

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 35,300
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

Financial Performance

In 2023, WBD's revenue was $41.32 billion, an increase of 22.19% compared to the previous year's $33.82 billion. Losses were -$3.13 billion, -57.59% less than in 2022.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for WBD stock is "Buy." The 12-month stock price forecast is $14.89, which is an increase of 79.61% from the latest price.

Price Target
$14.89
(79.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CNBC's 2024 Stock Draft: Kenny Smith picks Warner Bros. Discovery for his first-round pick

CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.

17 hours ago - CNBC Television

Warner Bros Discovery to launch data platform for better ad-targeting

Warner Bros Discovery is launching a data platform that would help advertisers better reach their target audience across both cable and digital channels, it said on Thursday.

17 hours ago - Reuters

Warner Bros. Discovery CEO David Zaslav saw pay jump to $50M despite company's continued losses

The rise in pay was partly related to the loss-making media conglomerate's decision to align its executive compensation to focus more on debt reduction and free cash flow.

6 days ago - New York Post

Warner Bros. Discovery Lost Money Last Year.

Much of Chief Executive David Zaslav's compensation was tied to free cash flow, which soared amid cost-cutting efforts.

6 days ago - WSJ

Warner Bros. Discovery's David Zaslav Pay Package Just Shy Of $50 Million In 2023

David Zaslav saw his total compensation package last year jump by more than $10 million to $49.7 million in 2023 — with Warner Bros. Discovery awarding him a base salary of $3 million, plus $23 millio...

6 days ago - Deadline

Loss-making Warner Bros Discovery's CEO pay rises to $50 mln in 2023

Warner Bros Discovery CEO David Zaslav's annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Friday.

6 days ago - Reuters

NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal

The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to sources.

Other symbols: DIS
7 days ago - CNBC

Rep. Castro on new joint sports streaming venture: Want to understand how the deal affects consumers

Rep. Joaquin Castro (D-Texas) joins 'Squawk Box' to discuss the new joint sports streaming venture by Disney, Warner Bros. Discovery and Fox, why Congress wants more information over the deal, antitru...

Other symbols: DISFOXFOXA
7 days ago - CNBC Television

Disney, Warner Bros, Fox: Competition Concerns Over Joint Sports Streaming

U.S. lawmakers raise concerns over Disney (DIS), Warner Bros, and Fox sports streaming services. Renita Young discusses how lawmakers have competition concerns over the joint sports streaming venture.

Other symbols: DISFOXFOXA
8 days ago - Schwab Network

Two US lawmakers raise concerns over Disney, Fox, Warner sports streaming venture

U.S. lawmakers Jerry Nadler and Joaquin Castro on Tuesday raised competition concerns over the sports streaming joint venture planned by Walt Disney , Fox and Warner Bros Discovery.

Other symbols: DISFOXFOXA
9 days ago - Reuters

New Zealand's Stuff Group to produce news programme after Warner Bros Discovery closes newsroom

New Zealand media site Stuff Group said on Tuesday it had signed an agreement with Warner Bros Discovery to provide Warner Bros Discovery's New Zealand television channel with a 6 p.m. daily news prog...

10 days ago - Reuters

WARNER BROS. DISCOVERY TO REPORT FIRST-QUARTER 2024 RESULTS ON THURSDAY, MAY 9

NEW YORK , April 8, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its first-quarter 2024 results on Thursday, May 9, 2024, before ...

17 days ago - PRNewsWire

Today's the day Warner Bros. Discovery can sell itself.

April 8, 2024, is an important date for Warner Bros. Discovery: It can now sell itself without tax penalty.

17 days ago - Business Insider

Jim Cramer tunes in to the market's four major media stocks

'Mad Money' host Jim Cramer takes a closer look at the markets four major media stocks; Fox, Disney, Warner Bros. Discovery and Paramount.

Other symbols: DISFOXPARAPARAA
21 days ago - CNBC Television

These stocks' price targets have been cut the most by Wall Street analysts in 2024

In an orderly world, companies would increase revenue and profits steadily to support a continual lifting of earnings estimates and price targets for stocks. But life is never simple.

Other symbols: ACHRALBAPAAPDBGCHTRHUM
23 days ago - Market Watch

Two Warner Bros. Discovery directors resign over antitrust concerns

Two Warner Bros. Discovery WBD, +0.69% directors have resigned after antitrust officials raised the issue of them serving on the board of a competitor.

24 days ago - Market Watch

Two Members of Warner Bros. Discovery's Board Resign to Resolve Antitrust Concerns

Steven Miron and Steve Newhouse have ties to cable provider Charter, which Justice Department says competes with WBD.

24 days ago - WSJ

Two Warner Bros. Discovery Directors resign from board due to Justice Department investigation

CNBC's Steve Kovack joins 'Closing Bell Overtime' with the latest breaking news on Warner Bros. Discovery.

24 days ago - CNBC Television

Two Warner Bros. Discovery directors resign after antitrust probe

Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board of directors, effective immediately.

24 days ago - CNBC

Steven O. Newhouse, Steven A. Miron Resign From Warner Bros. Discovery Board Amid DOJ Probe

Warner Bros. Discovery said today that directors Steven A. Miron and Steven O. Newhouse have both notified the board that they have resigned after the US Department of Justice informed them that it wa...

24 days ago - Deadline

Warner Bros Discovery to launch Max streaming service in Europe before Olympics

Warner Bros Discovery said on Thursday it was set to launch its Max streaming service in Europe from May 21, ahead of the Olympic Games in Paris this year.

5 weeks ago - Reuters

Warner Bros (WBD) stock sits at a key support level

Warner Bros. Discovery (NASDAQ: WBD) stock price has been in a freefall this year as concerns about the company's future remain.

5 weeks ago - Invezz

Former Apple exec to lead new sports-streaming service from ESPN, Fox, Warner Bros. Discovery

Pete Distad will run the yet-to be named new venture, which is expected to debut in the fall.

Other symbols: DISFOXFOXA
5 weeks ago - New York Post

Former Apple exec to head sports venture formed by Disney, Fox, Warner Bros Discovery

Former Apple executive Pete Distad will be the CEO of the sports streaming joint venture formed by Walt Disney , Warner Bros Discovery and Fox Corp , the media companies said on Friday.

Other symbols: DISFOXFOXA
5 weeks ago - Reuters

Former Apple Executive Tapped as CEO of New Sports-Streaming Venture

Pete Distad will oversee a company that would pool live-sports programming from ESPN, Fox and Warner Bros. Discovery.

Other symbols: DISFOXFOXA
5 weeks ago - WSJ