Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · IEX Real-Time Price · USD
8.31
+0.08 (0.97%)
At close: Apr 18, 2024, 4:00 PM
8.35
+0.04 (0.48%)
Pre-market: Apr 19, 2024, 5:46 AM EDT
0.97%
Market Cap 20.27B
Revenue (ttm) 41.32B
Net Income (ttm) -3.13B
Shares Out 2.44B
EPS (ttm) -1.28
PE Ratio n/a
Forward PE 95.24
Dividend n/a
Ex-Dividend Date n/a
Volume 21,011,147
Open 8.25
Previous Close 8.23
Day's Range 8.19 - 8.39
52-Week Range 8.02 - 14.76
Beta 1.49
Analysts Buy
Price Target 15.33 (+84.48%)
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 $15.33, which is an increase of 84.48% from the latest price.

Price Target
$15.33
(84.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
15 hours 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
20 hours 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
1 day 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
2 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...

3 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 ...

10 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.

10 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
14 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
16 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.

17 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.

17 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.

17 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.

17 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...

17 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.

4 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.

4 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
4 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
4 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
4 weeks ago - WSJ

These tech stocks are dragging the Invesco QQQ ETF in 2024

The Invesco QQQ ETF continued its strong comeback this week as it jumped to its highest point on record. It has jumped by over 8.7% in 2024 and by 50% in the past 12 months, adding trillions of value.

Other symbols: QQQPDD
5 weeks ago - Invezz

Fox, Disney, Warner Bros. Discovery sports bundle expects 5M subscribers in five years

Fox, ESPN and Warner Bros. Discovery's sports streaming platform is expecting to rake in 5 million subscribers within its first five years when the joint venture launches in fall 2024.

Other symbols: DISFOXFOXA
6 weeks ago - New York Post

Fox, Disney, Warner Bros Discovery sports venture expects 5 mln subscribers in five years

The sports streaming venture formed by Walt Disney , Warner Bros Discovery and Fox Corp expects to have 5 million subscribers in its first five years, Fox CEO Lachlan Murdoch said on Monday.

Other symbols: DISFOXFOXA
6 weeks ago - Reuters

Disney, Fox And Warner Bros. Discovery Are A “Sports Cartel” Engaging In “Borderline Racketeering”, Fubo CEO David Gandler Charges: “This Is A Duel To The Death”

Fubo CEO David Gandler blasted a planned sports bundle backed by Disney, Fox and Warner Bros. Discovery, calling the companies a “sports cartel” engaging in “borderline racketeering.” The comments cam...

Other symbols: DISFOXFOXAFUBO
6 weeks ago - Deadline

Warner Bros. Discovery-Paramount deal was never really on to begin with, says Puck's Matt Belloni

Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the latest developments in the Warner Bros. Discovery-Paramount merger talks, what the future holds for each company, the impact on t...

Other symbols: PARAPARAA
7 weeks ago - CNBC Television

Warner Bros Discovery plans to close New Zealand TV news provider

One of New Zealand's two free-to-air television networks said on Wednesday it was proposing to close its newsroom operations, television news broadcasts and website from June 30, with the loss of up t...

7 weeks ago - Reuters