Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.76
-0.18 (-0.62%)
Dec 31, 2025, 9:32 AM EST - Market open
-0.62%
Market Cap71.31B
Revenue (ttm)37.86B
Net Income (ttm)489.00M
Shares Out 2.48B
EPS (ttm)0.19
PE Ratio148.36
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume404,013
Open28.77
Previous Close28.94
Day's Range28.74 - 28.79
52-Week Range7.52 - 30.00
Beta1.61
AnalystsBuy
Price Target19.47 (-32.3%)
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 -32.30% from the latest price.

Price Target
$19.47
(-32.30% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Warner Bros. Discovery Set To Reject Paramount's Latest Takeover Bid After Board Meets Next Week

When business revs back up next week, Warner Bros. Discovery looks set to reject Paramount's amended hostile takeover bid due in part to concerns at the delay that could dog its planned cable spinoff ...

Other symbols: PSKY
14 hours ago - Deadline

Warner Bros. Plans to Reject Paramount Offer

Warner Bros. Discovery plans to once again reject a takeover bid from Paramount Skydance after the rival media company amended the terms of its offer, according to people familiar with the company's t...

Other symbols: PSKY
18 hours ago - Bloomberg Markets and Finance

Neutral rating on Netflix after WBD bid, says Rosenblatt's Crockett

CNBC's "Squawk on the Street" team discusses media outlook for 2026 with Barton Crockett of Rosenblatt Securities.

Other symbols: NFLX
23 hours ago - CNBC Television

Warner Bros expected to reject Paramount's latest hostile bid, CNBC reports

Warner Bros Discovery is expected to reject Paramount Skydance's amended $108.4 billion hostile bid, CNBC reported on Tuesday.

Other symbols: PSKY
23 hours ago - Reuters

There's No Happy Ending for Movie Theaters, No Matter Who Wins Warner

Netflix and Paramount will both eventually have reasons to scale back theatrical releases.

Other symbols: NFLXPSKY
3 days ago - WSJ

Ellison, Paramount Put Pressure on WBD for a Deal

Warner Bros. Discovery shares slid early Friday in premarket trading after a report from the New York Post said that Paramount Skydance could walk away from its $30-per-share cash bid and instead liti...

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

Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)

PHILADELPHIA, Dec. 26, 2025 (GLOBE NEWSWIRE) -- National plaintiffs' law firm Berger Montague PC advises shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“Warner Bros.” or the “Company”) re...

5 days ago - GlobeNewsWire

Sale of Warner Bros. Discovery heats up as Ellisons weigh ‘DefCon 1' litigation over selection of Netflix bid

The Ellisons and RedBird, run by savvy media dealmaker Gerry Cardinale, are mulling something known internally as "DefCon 1.”

Other symbols: NFLX
5 days ago - New York Post

WBD Deal May Reshape American Media: Alpha's Wolfe Pereira

Steven Wolfe Pereira, CEO and founder of Alpha, says Netflix will have to “up the ante” after Paramount's latest offer for Warner Bros. Discovery.

6 days ago - Bloomberg Technology

There Is No Streaming War

Netflix remains central in streaming headlines, with potential Warner Bros. Discovery and Paramount deals, but industry expert Dan Rayburn shares why investors should focus only if/when deals close.

7 days ago - Seeking Alpha

Paramount efforts to buy Warner Bros Discovery play out in background of latest CBS News drama

After CBS News' decision to delay a "60 Minutes" segment about migrants deported to an El Salvador prison, some critics have alleged the move was to curry favor with the Trump administration.

Other symbols: PSKY
7 days ago - Fox Business

Cramer's Stop Trading: Warner Bros Discovery

CNBC's Jim Cramer explains why he is keeping an eye on shares of Warner Bros Discovery.

7 days ago - CNBC Television

Warner Bros. Has Done 'Masterful' Job, Ross Gerber Says

"This is quite a battle," Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, says about the latest in the Paramount and Netflix bids for Warner Bros. He speaks on "Bl...

8 days ago - Bloomberg Markets and Finance

Don't think Paramount's amended WBD bid will get it over the goal line, says Seaport's David Joyce

David Joyce, Seaport Research Partners senior media equity analyst, joins 'Squawk Box' to discuss Paramount's amended offer to buy Warner Bros. Discovery, impact on Netflix's deal for WBD, and more.

Other symbols: PSKY
8 days ago - CNBC Television

Warner Bros. Bids Could Go Higher, Says Former CNN President Klein

Bids for Warner Bros. Discovery could go higher, and the company's cable networks may be worth more if sold separately from the studio assets, says Jon Klein, co-founder of Hang Media and former presi...

8 days ago - Bloomberg Markets and Finance

Paramount's new offer for Warner Bros is not sufficient, major investor says

Paramount Skydance's latest offer to buy Warner Bros Discovery still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters on Friday.

Other symbols: PSKY
8 days ago - Reuters

Trump's First-Term Trust Buster Is Now Working to Get Paramount Its Deal

Former Justice Department antitrust chief Makan Delrahim is at the center of Paramount's bid to wrestle Warner Bros. from Netflix.

Other symbols: PSKY
8 days ago - WSJ

WBD Advises Shareholders Not To Take Any Action As It Reviews Paramount's Amended Takeover Offer

Warner Bros. Discovery has confirmed receipt of Paramount's amended, unsolicited tender offer and “consistent with its fiduciary duties and in consultation with its independent financial and legal adv...

Other symbols: PSKY
8 days ago - Deadline

Warner Bros. Discovery to review Larry Ellison's offer to guarantee Paramount Skydance's $78B takeover bid: sources

In addition to adding Ellison's guarantee of his personal fortune — currently valued at above $250 billion — Paramount also extended the deadline for WBD investors to tender their shares to their side...

Other symbols: PARA
8 days ago - New York Post

Warner Bros. Discovery Confirms Receipt of Amended, Unsolicited Tender Offer from Paramount Skydance

NEW YORK , Dec. 22, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.

Other symbols: PSKY
8 days ago - PRNewsWire

WBD Bids Could Go Higher, Says Former CNN President Klein

Bids for Warner Bros. Discovery could go higher, and the company's cable networks may be worth more if sold separately from the studio assets, says Jon Klein, co-founder of Hang Media and former presi...

8 days ago - Bloomberg Technology

Warner Bros. Discovery battle shows value of premium content, says Lionsgate's Burns

CNBC's "Fast Money" team breaks down the battle over Warner Brothers Discovery and what it may signal for the broader media landscape with Michael Burns, vice chairman at Lionsgate.

Other symbols: LION
8 days ago - CNBC Television

'Fast Money' traders on Netflix, Paramount shares amid WBD bidding war

CNBC's "Fast Money" team discusses the bidding war for Warner Brothers Discovery, Paramount vs. Netflix, what investors should watch and more.

Other symbols: NFLXPSKY
8 days ago - CNBC Television

Paramount renews bid for Warner Bros, ensuring $40 billion Larry Ellison backing

The war for the future of Warner Brothers continues, as Paramount Skydance announced Monday an amended all-cash offer for the legacy movie studio. The offer includes an “irrevocable personal guarantee...

Other symbols: PSKY
8 days ago - TechCrunch

Paramount's new bid gives Warner Bros. more certainty on financing, says Wolfe's Peter Supino

Peter Supino, Wolfe Research, joins 'The Exchange' to discuss the bids for Warner Bros. Discovery.

Other symbols: PSKY
8 days ago - CNBC Television