Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
27.77
+0.16 (0.58%)
At close: Dec 19, 2025, 4:00 PM EST
28.00
+0.23 (0.83%)
After-hours: Dec 19, 2025, 7:58 PM EST
0.58%
Market Cap68.86B
Revenue (ttm)37.86B
Net Income (ttm)489.00M
Shares Out 2.48B
EPS (ttm)0.19
PE Ratio143.05
Forward PE954.88
Dividendn/a
Ex-Dividend Daten/a
Volume136,445,426
Open27.80
Previous Close27.61
Day's Range27.58 - 28.50
52-Week Range7.52 - 30.00
Beta1.61
AnalystsBuy
Price Target19.47 (-29.89%)
Earnings DateNov 6, 2025

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 23 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $19.47, which is a decrease of -29.89% from the latest price.

Price Target
$19.47
(-29.89% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Trump World Is Picking Sides in the Battle for Warner Bros.

Some of the most influential people from President Trump's orbit, past and present, are facing off on either side of the struggle for control of Warner Bros. Discovery.

1 day ago - WSJ

The Score: Medline, Tesla, Warner, Trump Media and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

Other symbols: DJTMDLNTSLA
2 days ago - WSJ

Warner Bros Discovery shareholder Harris Associates says open to revised Paramount bid

Harris Associates, the fifth largest shareholder in Warner Bros Discovery , said on Thursday it would be "very open" to a revised offer from Paramount Skydance if the company presents a superior bid a...

Other symbols: PSKY
3 days ago - Reuters

Netflix vs. Paramount: What you need to know about the bidding war for Warner Bros.

Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.

Other symbols: NFLXPSKY
3 days ago - Fast Company

Warner Bros. bid process as clean and thorough as anyone can want, says Evercore's Roger Altman

Roger Altman, Evercore founder and senior chairman, joins 'Squawk Box' to discuss the Warner Bros. Discovery bidding process, why Paramount's offer was not higher than the Netflix offer and much more.

3 days ago - CNBC Television

Wall Street Breakfast Podcast: Activist Elliott Loads Up On Lululemon

Elliott Investment Management has taken a $1B+ stake in Lululemon (LULU), becoming one of its largest shareholders, pushing for leadership changes at LULU. Micron (MU) surged premarket after issuing Q...

Other symbols: LULUMUNFLXPSKY
3 days ago - Seeking Alpha

Jared Kushner's Affinity Partners pulls out of Paramount's bid for Warner Bros. Discovery

A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, is no longer backing Paramount's hostile acquisition bid for Warner Bros. Discovery, the firm confirmed Tuesday.Days ...

Other symbols: PSKY
3 days ago - Fast Company

Standard General approached by WBD shareholders for TV unit sale: report

Prominent New York investor, Standard General, has been approached about acquiring all or part of Warner Bros Discovery's cable television business, including CNN, reported Financial Times.

3 days ago - Invezz

'NO CHANCE' Netflix's merge with Warner Bros survives this, critic argues

Wedbush Securities managing director Michael Pachter dissects Netflix's bidding war for Warner Bros. Discovery and more on 'The Claman Countdown.

Other symbols: NFLX
3 days ago - Fox Business

Standard General in talks to invest in Warner Bros Discovery networks, FT says

Soo Kim, founder of New York hedge fund Standard General, has been in talks over potentially buying or investing in the Warner Bros Discovery television networks, the Financial Times reported on Thurs...

3 days ago - Reuters

Warner Demands Larry Ellison's Personal Guarantee in Paramount Bid

In rejecting Paramount 's hostile takeover bid, Warner Bros. questions the Ellison family trust and its commitment to a $77.9 billion deal.

Other symbols: PSKY
4 days ago - WSJ

WBD Calls Out “Pressure Tactic” – How Paramount's Hardball Legal Letter Backfired On Eve Of Final Bids

The battle for Warner Bros. Discovery spilled onto pages full of revelations big and small Wednesday, as the media giant defended the process of selecting Netflix as the winner in its auction.

Other symbols: PSKY
4 days ago - Deadline

The 6 biggest reveals from WBD's filing on why it rejected Paramount

Warner Bros. Discovery has urged shareholders to reject Paramount's offer in favor of Netflix's bid.

Other symbols: PSKY
4 days ago - Business Insider

What to know about bidding war between Netflix and Paramount for Warner Bros.

Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.

Other symbols: NFLXPSKY
4 days ago - TechXplore

Warner Bros. Urges Investors to Reject Paramount

Warner Bros. Discovery is pressing shareholders to oppose Paramount Skydance's hostile takeover offer, maintaining support for its original agreement with Netflix.

Other symbols: PSKY
4 days ago - Bloomberg Technology

Warner Bros. Discovery Says Unknown ‘American Media Company' Offered Takeover Bid

Warner Bros. Discovery CEO David Zaslav told executives in October that Amazon and Apple had expressed interest in acquiring the company, Bloomberg reported, citing two people familiar with the discus...

4 days ago - Forbes

Warner Bros. Wants to Take the Netflix Deal—and It Calls Paramount's Offer 'Illusory'

The biggest entertainment deal in history promises more drama.

Other symbols: NFLX
4 days ago - Investopedia

Paramount Stands By Hostile $108 Billion Takeover Bid For Warner Bros. Discovery Despite Rejection

Shares of Paramount Skydance fell more than 4% after trading opened Wednesday, while Warner Bros. Discovery's stock dropped 1%.

Other symbols: PARA
4 days ago - Forbes

Paramount Offered David Zaslav Pay Package Of ‘Several Hundred Million Dollars' In Ellison-Backed Bid

$51.9 million. That's how much Zaslav was compensated in Warner Bros.

Other symbols: PSKY
4 days ago - Forbes

Netflix co-CEO: WBD board sent a 'pretty clear message' about our deal

The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix.

Other symbols: NFLX
4 days ago - CNBC Television

Paramount Stands By Its WBD Offer Despite Board Rebuff, Warns Netflix Scenario Would Add To Linear TV Woes

Paramount is standing by its current proposal to acquire Warner Bros. Discovery, warning shareholders that embracing Netflix's offer would saddle them with a “heavily indebted, sub-scale linear busine...

Other symbols: PSKY
4 days ago - Deadline

How much the bankers are getting paid as Netflix and Paramount fight to buy Warner Bros. Discovery

Wall Street banks stand to gain $225 million from Warner Bros. Discovery's sale process.

Other symbols: NFLXPSKY
4 days ago - Business Insider

WBD tells shareholders Netflix deal is superior to Paramount offer

Chair of the Warner Bros. Discovery board Samuel Di Piazza told CNBC on Wednesday "it was not a hard choice" comparing Netflix and Paramount's offers for the company.

Other symbols: NFLXPSKY
4 days ago - CNBC Television

Warner Bros. Discovery rejects Paramount's hostile bid, calls offer ‘illusory'

Warner Bros. Discovery's (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison's Paramount Skydance, calling the offer “illusory,” and saying that Paramount ha...

Other symbols: PSKY
4 days ago - TechCrunch

Why WBD's CEO never responded to David Ellison's text during the bidding war

Paramount Skydance's David Ellison texted Warner Bros. Discovery's CEO as the bidding war heated up.

Other symbols: PSKY
4 days ago - Business Insider