Warner Bros. Discovery, Inc. (WBD)
Market Cap | 27.27B |
Revenue (ttm) | 39.58B |
Net Income (ttm) | -11.22B |
Shares Out | 2.45B |
EPS (ttm) | -4.59 |
PE Ratio | n/a |
Forward PE | 127.48 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,035,147 |
Open | 10.96 |
Previous Close | 11.04 |
Day's Range | 11.08 - 11.20 |
52-Week Range | 6.64 - 12.70 |
Beta | 1.50 |
Analysts | Buy |
Price Target | 11.71 (+5.35%) |
Earnings Date | Feb 27, 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]
Financial Performance
In 2023, Warner Bros. Discovery'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, -57.87% less than in 2022.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for WBD stock is "Buy." The 12-month stock price forecast is $11.71, which is an increase of 5.35% from the latest price.
News
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China's Jinjiang, Warner Bros sign deal framework for Harry Potter theme park in Shanghai
China's Jinjiang International Group has signed a joint venture framework agreement with Warner Bros to develop a Harry Potter theme park in Shanghai, according to an announcement on Jinjiang's WeChat...
Trade Tracker: Brian Belski rebalances his Portfolio: Lululemon, Nike, Warner Bros., and more
Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins 'Halftime Report' to detail his latest portfolio rebalance. The Investment Committee debate his trades.
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Warner Bros. Discovery Names Ryan Gould And Bobby Voltaggio Presidents Of U.S. Ad Sales
Warner Bros. Discovery has named Ryan Gould and Robert “Bobby” Voltaggio Presidents of U.S. Advertising Sales. They will jointly oversee sales efforts for networks and streaming, including sports, new...
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Warner Bros Discovery: When Mr. Market Forgets The Total Picture
Warner Bros Discovery's progress is undervalued by the market due to the complexity and patience required to improve the future prospects of the acquisiton. CEO David Zaslav highlighted significant de...
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Warner Bros Discovery partners with specialist investor to co-own music rights portfolio
Warner Bros Discovery and Cutting Edge Group, an investor and manager of media music rights, have created a joint venture to co-own the entertainment studio's catalog of film and TV music, the compani...
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Warner Bros hit with Superman copyright lawsuit ahead of new movie
The estate of one of Superman's co-creators has filed a copyright lawsuit in a U.S. court against Warner Bros. Discovery ahead of the release of its new movie "Superman," part of a planned reboot of t...
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Warner Bros. Discovery and Cutting Edge Group form JV to own and manage WBD's iconic music rights portfolio
Warner Bros and Cutting Edge partnering to enhance the music library's value LOS ANGELES , Jan. 31, 2025 /PRNewswire/ -- Warner Bros. Discovery Inc. (NASDAQ: WBD) and Cutting Edge Group ("CEG"), the l...
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Warner Bros. Discovery: Where The Stock Could Be In 5 Years (Rating Upgrade)
Warner Bros. Discovery's restructuring aims to optimize cash flow from linear TV to pay down debt and invest in streaming and content production. The company's rich IP portfolio, including DC, Harry P...
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Warner Bros Discovery gets at least three bids for Polish broadcaster TVN
Warner Bros Discovery Inc has received non-binding offers for Polish broadcaster TVN from at least three bidders, sources familiar with the matter and one fund involved told Reuters on Wednesday.
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Ted Lim Joins Warner Bros Motion Picture Group As Chief Business Officer
Ted Lim has joined Warner Bros Motion Picture Group as Chief Business Officer, the studio announced on Tuesday. Read the memo to staff from studio chiefs Michael DeLuca & Pam Abdy below. Team Motion P...
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Warner Bros. Discovery: Management Finally Seems To Get It -- A Forming Bull Case Ahead (Rating Upgrade)
WBD has finally gotten to move on from major structural issues. The IP hoard is a treasure chest across all genres. Entry point around $10 is good value.
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CNN Cuts 200 Jobs, Invests $70 Million in Newsroom Overhaul
To survive competition in the era of streaming, Warner Bros. Discovery company is slashing CNN's television workforce even more while simultaneously investing $70 million to focus on new digital produ...
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Longtime Warner Bros. Interactive Entertainment president David Haddad will step down
David Haddad, who has served as Warner Bros. Interactive Entertainment president for 12 years, is leaving the company.
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Warner Bros. Games President David Haddad Stepping Down After 12 Years
David Haddad is exiting his role as president of games at Warner Bros. Discovery after 12 years at the company but staying on for three months to help kick off the search for his successor.
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CNN to cut jobs by 6% amid digital push
Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by ...
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Report: CNN Will Lay Off ‘Hundreds' In Post-Election Cost-Cutting
CNN on Thursday will reportedly lay off “hundreds” of employees as the network seeks to cut production costs and shift its focus from declining viewership in cable news. CNBC, citing sources “familiar...
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CNN Expected To Announce Substantial Job Cuts
CNN is expected to announce significant job cuts this week, part of CEO Mark Thompson's long-in-the-works restructuring plans to place more emphasis on the digital future. CNBC first reported on the j...
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CNN plans to lay off hundreds of employees, cut costs as NBC plots firings
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
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CNN to lay off hundreds of employees, CNBC reports
CNN, a unit of Warner Bros Discovery , plans to lay off hundreds of employees this week, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people famili...
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CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
CNN is planning to lay off hundreds of employees this week. NBC News is also planning layoffs this week, although the scale will be much smaller than those at CNN.
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WARNER BROS. DISCOVERY, INC.
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Warner Bros. Discovery, Inc. (NASDAQ: WBD)?
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Warner Bros. Discovery, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses.
Investors can contact the law firm at no cost to learn more about recovering their losses Investors can contact the law firm at no cost to learn more about recovering their losses
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WBD Deadline: Rosen Law Firm Urges Warner Bros. Discovery, Inc. (NASDAQ: WBD) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of Warner Bros. Discov...
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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 24, 2025 in Warner Bros. Discovery Lawsuit - WBD
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD).
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Warner Bros. Discovery Analyst Says DTC Strength Won't Offset 'Joker: Folie A Deux' Flop, NBA Rights Concerns
Media company Warner Bros. Discovery WBD could be in for a tough fourth quarter with concerns about the company's DC Studios reboot, the loss of NBA rights and the underperformance of "Joker: Folie a ...