Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
27.83
+0.07 (0.25%)
Mar 11, 2026, 11:05 AM EDT - Market open
Market Cap69.05B +161.1%
Revenue (ttm)37.30B -5.2%
Net Income728.00M
EPS0.29
Shares Out 2.48B
PE Ratio95.98
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,648,086
Open27.76
Previous Close27.76
Day's Range27.76 - 27.93
52-Week Range7.52 - 30.00
Beta1.68
AnalystsBuy
Price Target23.27 (-16.39%)
Earnings DateFeb 26, 2026

About WBD

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to... [Read more]

Industry Entertainment
Founded 1923
Employees 35,500
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 20 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $23.27, which is a decrease of -16.39% from the latest price.

Price Target
$23.27
(-16.39% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Paramount CEO David Ellison Meets With Top WBD Brass, Talks Cost Cuts, Movie Outlook & Other Aspects Of $110B Merger

Paramount CEO David Ellison ventured onto the Warner Bros lot on Tuesday for a meeting with top execs at Warner Bros. Discovery, addressing the troops at a delicate time.

Other symbols: PSKY
16 hours ago - Deadline

Paramount Skydance's Stock Fades. The Warner Bros. Merger Will Take Years to Pay Off, BofA Says.

BofA reiterates an Underperform rating on Paramount stock after the company's deal to acquire Warner Bros. Discovery.

Other symbols: PSKY
20 hours ago - Barrons

8 Stocks to Buy as Merger-Mania Takes Over

Wall Street loves growth stories. Venture capitalists love disruption stories.

22 hours ago - Benzinga

Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount

U.S. President Donald Trump bought more than $1.1 million of Netflix bonds over the last three months as the streaming giant unsuccessfully fought Paramount Skydance to ​buy Warner Bros Discovery , ac...

Other symbols: NFLXPSKY
2 days ago - Reuters

PSKY Wins WBD Bidding War Against NFLX: Can it Keep New Merger?

Paramount Skydance (PSKY) has won the bidding war for Warner Bros. Discovery (WBD), but at a steep cost with significant regulatory risk.

Other symbols: PSKY
3 days ago - Schwab Network

Paramount says its Warner Bros. deal can work without big layoffs.

Hollywood is bracing for big job cuts at Warner Bros. Discovery when its merger with Paramount closes, even as Paramount has insisted it can make the deal work without many layoffs.

Other symbols: PSKY
4 days ago - Market Watch

Trump Was Quietly Loading Up On Netflix Bonds — While Talking Down Its Warner Bid

President Donald Trump openly discussed the potential merger between Netflix Inc (NASDAQ: NFLX) and Warner Bros. Discovery (NASDAQ: WBD) for months.

Other symbols: NFLX
4 days ago - Benzinga

Netflix Drops Out of Bidding War for Warner Bros.

Paramount Skydance Corp. finally clinched its deal for Warner Bros. Discovery Inc., outmaneuvering rival Netflix Inc. after a months-long battle.

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

Paramount may unwind WBD's sports strategy if merger goes through

CNBC's Alex Sherman joins 'Squawk Box' to discuss how Paramount's deal for Warner Bros. Discovery could open up the potential for big changes in sports media.

Other symbols: PSKY
5 days ago - CNBC Television

Netflix is getting a bunch of cash from its broken WBD deal. We've got some ideas on what it can do with it.

This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here.

Other symbols: NFLX
5 days ago - Business Insider

Paramount CEO: Our deal with WBD creates 'healthier ecosystem' than Netflix's

David Ellison, chairman and CEO of Paramount Skydance, says the company's deal to buy Warner Bros. Discovery will create a "healthier ecosystem.

Other symbols: PSKY
5 days ago - CNBC Television

David Ellison: The Warner Bros. transaction will be positive for both CBS News and CNN

David Ellison, chairman and CEO of Paramount Skydance, joins 'Squawk on the Street' to discuss the company's deal to buy Warner Bros. Discovery.

5 days ago - CNBC Television

The Paramount-Warner Bros mega-merger still has a few hurdles to get over

The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK

6 days ago - The Guardian

Netflix Has Room To Grow Without Acquiring WBD, CFO Says: “Even Though We're Pretty Big, We're Pretty Small”

Netflix CFO Spencer Neumann said the company has plenty of room for growth even though it decided not to stay in the running to acquire Warner Bros. Discovery. “Even though we're pretty big, we're pre...

Other symbols: NFLX
6 days ago - Deadline

The Winner In The Fight For Warner Bros. Discovery Might Be Versant

Versant Media Group trades at a low P/E of 5.3, offering potential upside amid industry disruption. PSKY's likely acquisition of WBD could shift CNN and CBS coverage, benefiting VSNT's MS NOW and CNBC...

Other symbols: VSNT
7 days ago - Seeking Alpha

Warner–Paramount Combo Creates Sports Giant Rivaling Disney's ESPN: Here's The Rights Rundown

The combination of Warner Bros. and Paramount Skydance brings together two companies that have streaming platforms, cable TV channels and sports rights.

Other symbols: DIS
7 days ago - Benzinga

FCC chief: WBD-Paramount merger deal is 'cleaner' than Netflix's

FCC Chairman Brendan Carr tells CNBC that Paramount's bid to buy Warner Bros. Discovery is "cleaner" than Netflix's, adding he expected it to be approved "pretty quickly.

Other symbols: PSKY
7 days ago - CNBC Television

Paramount credit ratings downgraded by Fitch after Warner Bros deal

Credit rating agency Fitch Ratings downgraded Paramount Skydance and Paramount Global's ratings to junk status late on ​Monday following the media company's proposed acquisition of Warner ‌Bros Discov...

Other symbols: PSKY
7 days ago - Reuters

S&P Weighs In On Media Mega-Merger: Puts Paramount On CreditWatch Negative But Says WBD Deal Will “Materially Improve” Its Business Profile

S&P Global Ratings said it's placed all of its ratings of Paramount Skydance on what's called CreditWatch with negative implications, reflecting increased leverage well above the agency's threshold if...

Other symbols: PSKY
7 days ago - Deadline

FCC chief tells CNBC WBD-Paramount merger deal is ‘cleaner' than Netflix's, will be approved 'quickly'

FCC Chairman Brendan Carr told CNBC on Tuesday that Paramount's offer to buy Warner Bros. Discovery is a "good deal" that will be approved "quickly.

Other symbols: NFLXPSKY
8 days ago - CNBC

Paramount's $110 billion Warner Bros deal poised to win FCC backing, FT reports

U.S. Federal Communications Commission Chair ​Brendan Carr has signaled ‌that the watchdog will not seek ​to block Paramount's $110 ​billion deal to buy ⁠Warner Bros and ​played down competition ​conc...

Other symbols: PSKY
8 days ago - Reuters

Fitch Downgrades Paramount After Warner Bros. Deal Announcement

The $81 billion deal for Warner Bros. Discovery is highly complex and poses credit risks, Fitch Ratings said.

Other symbols: PSKY
8 days ago - WSJ

Paramount+ and HBO Max to become one streaming service, Ellison says

Billionaire Paramount Skydance chief announces plan days after winning takeover battle for Warner Bros Discovery

Other symbols: PSKY
8 days ago - The Guardian

With Paramount's Warner Bros. Discovery Win, What's Next?

The end of Warner Bros. Discovery as an independent company seemed to follow the pattern of Ernest Hemingway's take on how one becomes bankrupt: “Gradually, then suddenly.

Other symbols: PSKY
8 days ago - Forbes

HBO Max and Paramount+ will become one streaming service. What does that mean for you?

HBO Max and Paramount+ collectively reach over 200 million subscribers worldwide, which is more than Disney+, nearly on par with Amazon's Prime Video and just behind Netflix.

Other symbols: PSKY
8 days ago - Market Watch