Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.47
-0.06 (-0.21%)
At close: Jan 6, 2026, 4:00 PM EST
28.45
-0.02 (-0.07%)
After-hours: Jan 6, 2026, 5:10 PM EST
-0.21%
Market Cap70.59B
Revenue (ttm)37.86B
Net Income (ttm)489.00M
Shares Out 2.48B
EPS (ttm)0.19
PE Ratio146.66
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume17,971,605
Open28.50
Previous Close28.53
Day's Range28.35 - 28.58
52-Week Range7.52 - 30.00
Beta1.61
AnalystsBuy
Price Target19.47 (-31.61%)
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 23 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $19.47, which is a decrease of -31.61% from the latest price.

Price Target
$19.47
(-31.61% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Warner Bros. Takeover Battle Intensifies

The battle for Warner Bros. Discovery rolls into the new year. Sources tell Bloomberg the company plans to once again reject a takeover bid from Paramount. Media veteran Kay Koplovitz joined Bloomberg...

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

Paramount Skydance running out of patience for WBD's refusals of ‘sweetened' takeover offer

Inside the Paramount Skydance camp, there's a running joke about what new “excuse” Warner Bros. Discovery will come up with next to reject PSKY's latest “sweetened” takeover offer for the media conglo...

2 days ago - New York Post

Paramount Would Have to Add $10B To Succeed With WBD Bid, Says Gerber

Ross Gerber President and CEO of Gerber Kawasaki Wealth and Investment Management says that Paramount would significantly raise the price they're offering to succeed in a Warner Bros. takeover, and th...

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

‘YouTube Has Become Television': the Media Shake Up in 2026

“YouTube has become television.” Stephen Kent thinks the whole media landscape could explode next year as the Street neglects the fact that YouTube is outcompeting streaming services.

Other symbols: GOOGGOOGLNFLXPSKY
6 days ago - Schwab Network

Top 5 stocks to watch in the S&P 500 Index, VOO, and SPY ETFs in 2026

The S&P 500 Index and its ETFs, like SPY, VOO, and the IVV had a strong performance in 2025 as the technology boom accelerated. It soared by 20% this year, and Wall Street analysts believe that the tr...

Other symbols: FISVLULUNVDAORCL
6 days ago - Invezz

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
6 days ago - Deadline

WBD's TV Arm Is Headed For Uncharted Waters In 2026

The general public tuning into the sale of Warner Bros. Discovery is watching Netflix and Paramount vie to acquire the company like a tennis match.

6 days ago - Forbes

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
7 days 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
7 days 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
7 days 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
9 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
11 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...

11 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
12 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.

13 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.

13 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
13 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.

14 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...

14 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
14 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...

14 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
14 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
14 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
14 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
14 days ago - New York Post