Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.61
+0.08 (0.28%)
Feb 20, 2026, 12:09 PM EST - Market open
Market Cap70.95B +184.7%
Revenue (ttm)37.86B -4.3%
Net Income489.00M
EPS0.19
Shares Out 2.48B
PE Ratio147.41
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume6,605,480
Open28.69
Previous Close28.53
Day's Range28.52 - 28.73
52-Week Range7.52 - 30.00
Beta1.62
AnalystsBuy
Price Target21.35 (-25.38%)
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

In 2024, Warner Bros. Discovery's revenue was $39.32 billion, a decrease of -4.84% compared to the previous year's $41.32 billion. Losses were -$11.31 billion, 261.8% more than in 2023.

Financial Statements

Analyst Summary

According to 21 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $21.35, which is a decrease of -25.38% from the latest price.

Price Target
$21.35
(-25.38% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Paramount says US antitrust waiting period on Warner Bros bid has expired

Paramount said on Friday the U.S. antitrust waiting period for its $108.4 billion all-cash bid for Warner Bros Discovery expired on February 19, marking a milestone on the road to a potential deal to ...

Other symbols: PSKY
1 hour ago - Reuters

Here's what Paramount would have to do for Netflix to walk away from its Warner Bros. deal

A MoffettNathanson analyst says that if Paramount pushes its price above $32 per share, Netflix may be too disciplined to continue bidding on something that is ‘not a must have'

Other symbols: NFLXPSKY
2 hours ago - Market Watch

Paramount Clears U.S. Antitrust Hurdle In Battle For Warner Bros. Discovery

Paramount has cleared a 10-day waiting period after responding to a second request for information from the DOJ around its unsolicited offer for Warner Bros. Discovery. The company said today that the...

Other symbols: PSKY
2 hours ago - Deadline

Netflix Acquiring Warner Bros. Would Put 'More' Movies In Theaters, Sarandos Says—Despite Earlier ‘Outdated' Comments

Cinemark CEO Sean Gamble said Wednesday he is “apprehensive” about Netflix's Warner Bros. bid. He said Netflix's commitment to keep movies in theaters for 45 days is “some element of encouragement,” b...

Other symbols: NFLX
19 hours ago - Forbes

Famed director James Cameron sends scathing letter to antitrust lawmaker over Netflix-WBD deal

James Cameron slammed the proposed Netflix acquisition of Warner Bros. Discovery's studio and streaming assets in a letter to U.S. Sen.

Other symbols: NFLX
21 hours ago - CNBC

Paramount is spreading misinformation About Warner Deal, Netflix co-CEO Says

Netflix co-CEO Ted Sarandos says the company's bid to acquire Warner Bros. Discovery offer great value to Warner Bros.

Other symbols: NFLXPSKY
21 hours ago - Bloomberg Markets and Finance

Warner Bros. Discovery to Report Fourth Quarter and Full Year 2025 Results on Thursday, February 26

NEW YORK, Feb. 19, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its fourth quarter and full year 2025 results on Thursday, Februa...

22 hours ago - PRNewsWire

Sarandos Says Warner Bros. Purchase Will Accelerate Netflix Growth

Netflix co-CEO Ted Sarandos tells Bloomberg he is "highly confident" the deal for Warner Bros. Discovery will close.

Other symbols: NFLX
22 hours ago - Bloomberg Markets and Finance

Exclusive: Netflix has ample room to increase its offer in battle for Warner Bros, sources say

Netflix has ample cash and could increase its offer for HBO Max owner Warner Bros Discovery if rival bidder Paramount Skydance ups its own offer, two people with knowledge of the matter said.

Other symbols: NFLX
23 hours ago - Reuters

DOJ probes how Warner Bros. sale could impact movie theaters, potentially lead to fewer new films

The Justice Department is probing how a sale of Warner Bros. Discovery to Netflix could impact moviegoers – and potentially lead to fewer new film releases, according to a report Thursday.

1 day ago - New York Post

Despite The Headlines, Paramount Skydance Bid For WBD Likely To Fail

The Warner Bros. Discovery and Paramount logos appear on a smartphone screen in this illustration photo in Reno, United States, on December 15, 2025 (Photo Illustration by Jaque Silva/NurPhoto via Get...

Other symbols: PSKY
1 day ago - Forbes

Allspring Large Cap Growth Fund Q4 2025 Performance Update

The Allspring Large Cap Growth Fund underperformed the Russell 1000 Growth Index during the fourth quarter. As VYVGART gains traction with new patients, argenx continues to advance its pipeline, targe...

1 day ago - Seeking Alpha

US DOJ probes Warner Bros' planned sale impact on theaters, Bloomberg News reports

The U.S. Justice Department has summoned some of the country's major theater chains to private conversations about the potential impact of a sale of Warner Bros Discovery, Bloomberg News reported on W...

1 day ago - Reuters

Netflix counsel decries Paramount ‘DISTRACTION' rhetoric amid Warner Bros bidding war

Netflix counsel Aaron Teitelbaum discusses Warner Bros. Discovery reopening talks with Paramount Skydance on ‘The Claman Countdown.

Other symbols: NFLXPSKY
1 day ago - Fox Business

Warner Bros. Reopens Talks, MSG Sports Talks Knicks, Rangers Spinoff | Bloomberg Deals 2/18/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Principal Venture Partners Found...

Other symbols: MSGS
1 day ago - Bloomberg Markets and Finance

In Warner Merger Battle, Netflix Needs To Take “More Action” To Prove It Loves Movie Theaters, Cinemark CEO Says

Exhibitors are “apprehensive” about “placing too much stock” in Netflix's recent pledges to honor traditional theatrical release windows, Cinemark CEO Sean Gamble said Wednesday. Speaking to Wall Stre...

Other symbols: CNKNFLX
2 days ago - Deadline

Warner Bros. Investors Want a Netflix, Paramount Bidding War.

Paramount said it was prepared to engage in discussions, but stopped short of mentioning a $31 a share bid.

Other symbols: NFLXPSKY
2 days ago - Barrons

Opinion | The Warner Bros. Fight Isn't Over

Investors start to see past Trump and ask which takeover offer is really better.

2 days ago - WSJ

Netflix co-CEO: Paramount has been 'flooding the zone' and confusing Warner Bros. shareholders

Netflix co-CEO Ted Sarandos joins CNBC's Julia Boorstin and 'Closing Bell Overtime' on the heels of news that Netflix allowed Warner Bros. and Paramount to reopen talks about potential acquisition.

Other symbols: NFLXPSKY
2 days ago - CNBC Television

Paramount Weighs In On WBD Talks: Will Engage In Good Faith But Move Ahead With Hostile Offer, Proxy Fight

Paramount has responded to Warner Bros. Discovery, which, with the backing of Netflix, agreed to start seven days of talks with the David Ellison company on a potential deal. “Paramount acknowledges t...

Other symbols: PSKY
2 days ago - Deadline

PARAMOUNT COMMENTS ON WARNER BROS. DISCOVERY DISCLOSURES

LOS ANGELES and NEW YORK, Feb. 17, 2026  /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") today provided the following statement in regards to disclosures by Warner Bros. Di...

Other symbols: PSKY
2 days ago - PRNewsWire

The Netflix-Paramount-Warner Bros. Three-Way Drama Just Keeps Heating Up

A major media deal in the making has delivered another twist.

Other symbols: NFLXPSKY
2 days ago - Investopedia

Warner Bros. CEO David Zaslav's real plan was to let Paramount, Netflix ‘duke it out': sources

Zaslav did that by keeping the lines of communication open with paramount chief David Ellison and his mega billionaire father Larry Ellison, who is bankrolling the company's bid.

Other symbols: NFLXPSKY
2 days ago - New York Post

Streaming Wars & Negotiations: WBD Weighs NFLX & PSKY Bids

Warner Bros. Discovery (WBD) is taking a close look into both deals proposed by its tentative buyers.

Other symbols: NFLXPSKY
3 days ago - Schwab Network

Warner Bros. Discovery says it's worried employees will quit if it picks Paramount's offer

Warner Bros. Discovery says it still has reservations about Paramount Skydance's offer.

Other symbols: PSKY
3 days ago - Business Insider