Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
27.99
-0.12 (-0.43%)
At close: Feb 13, 2026, 4:00 PM EST
27.99
0.00 (0.00%)
After-hours: Feb 13, 2026, 7:09 PM EST
Market Cap69.40B +171.2%
Revenue (ttm)37.86B -4.3%
Net Income489.00M
EPS0.19
Shares Out 2.48B
PE Ratio144.19
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume13,196,036
Open28.07
Previous Close28.11
Day's Range27.90 - 28.18
52-Week Range7.52 - 30.00
Beta1.62
AnalystsBuy
Price Target21.35 (-23.72%)
Earnings DateFeb 27, 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 21 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $21.35, which is a decrease of -23.72% from the latest price.

Price Target
$21.35
(-23.72% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Warner Bros Discovery sees activist Sachem Head increase stake in Q4

Warner Bros. Discovery attracted the attention of activist investor Sachem Head Capital Management in the fourth quarter when the media and entertainment giant agreed to sell its streaming and studios...

1 hour ago - Reuters

Paramount eyes Pentwater Capital's Halbower for Warner Bros' board seat

Paramount Skydance is eyeing a prominent hedge fund manager and investor in Warner Bros Discovery to run for a seat on the media company's board to try and scuttle its proposed tie-up with Netflix. Pa...

Other symbols: PSKY
1 day ago - Reuters

Big Warner Bros. shareholders are getting restless in this Paramount-Netflix bidding war

Institutional owners of Warner Bros. shares might jump ship as Paramount ups the ante.

Other symbols: NFLXPSKY
1 day ago - Market Watch

Kraft Heinz Pauses Split, Paramount Sweetens Warner Bros. Bid | Bloomberg Deals 2/11/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: General Atlantic Chairman and CE...

Other symbols: KHCPSKY
2 days ago - Bloomberg Markets and Finance

Activist investor Ancora publicly opposes the WBD-Netflix deal

​Netflix's $82.7 billion bid to acquire Warner Bros. Discovery (WBD) is facing significant new resistance.

Other symbols: NFLX
2 days ago - TechCrunch

Where the Battle for Warner Bros. Stands Now

The situation intensified this week as Paramount CEO David Ellison—and a vocal investor—made new moves to thwart rival Netflix's planned takeover.

Other symbols: NFLXPSKY
2 days ago - WSJ

Chadwick: This is a once in a lifetime opportunity for Paramount

James Chadwick, President of Alternatives at Ancora, reveals a 200 million dollar stake in Warner Bros. Discovery, opposes the Netflix deal, and urges the board to pursue Paramount's higher and more c...

Other symbols: PSKY
2 days ago - CNBC Television

Activist Investor Slams WBD For Rushing Into “Flawed” Netflix Deal, Tells Board To Engage With Paramount As Temperature Rises

Activist investor and Warner Bros. Discovery shareholder Ancora Alternatives LLC threatened to vote ‘no' on the Netflix deal and launch its own proxy fight if the WBD board does not engage with Paramo...

Other symbols: NFLXPSKY
2 days ago - Deadline

Warner Bros. Discovery faces activist investor who backs Paramount Skydance's rival bid over Netflix deal

The Cleveland-based firm, which manages roughly $11 billion in assets, has built a stake valued at about $200 million.

Other symbols: NFLXPSKY
2 days ago - New York Post

Ancora Capital builds stake in Warner Bros, plans to oppose Netflix deal

Activist investor Ancora Capital has built a stake in Warner Bros Discovery and plans to oppose the media company's deal with Netflix for its studios and streaming assets, the latest twist in the heat...

Other symbols: NFLX
2 days ago - Reuters

Ancora Releases Presentation Regarding its Strong Opposition to the Currently Proposed WBD-Netflix Merger

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a nearly $11 billion firm with an approximately $200 million economic interest in Warner Br...

Other symbols: NFLX
2 days ago - Business Wire

Warner Bros. Gets an Activist, Report Says.

Ancora believes Warner failed to adequately engage with Paramount's hostile tender offer, people familiar with the matter said.

2 days ago - Barrons

Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports

Activist investor Ancora Holdings has built a roughly $200 million stake in Warner Bros Discovery and plans to oppose Warner's deal to sell its prized TV and film assets to Netflix , the Wall Street J...

Other symbols: NFLX
2 days ago - Reuters

Activist Investor Pushes Warner to Walk Away From Netflix Deal

Ancora has built a roughly $200 million stake in Warner Bros. Discovery and favors a deal with David Ellison's Paramount Skydance.

Other symbols: NFLX
2 days ago - WSJ

Here's why Warner Bros. Discovery might have to take a closer look at Paramount's ‘unsweet' bid

On the face of it, Paramount's revised offer sounds like a clunker.

3 days ago - New York Post

Tuesday's Final Takeaways: PSKY Sweetens WBD Takeover Bid & DDOG Rallies

Datadog (DDOG) rallied after earnings as tech experienced a largely ho-hum day, with exceptions seen in Western Digital (WDC), Micron (MU), and other memory AI chip stocks. Elsewhere in markets, Param...

Other symbols: DDOGPSKY
3 days ago - Schwab Network

Paramount sweetens its bid for Warner Bros. Discovery with ‘additional benefits'

Paramount is again sweetening its hostile takeover bid for Warner Bros. Discovery, while again extending the deadline for its tender offer as it scrambles for more shareholder support.

Other symbols: PSKY
3 days ago - Fast Company

Paramount Sweetens Its Hostile Bid for Warner Bros.

Paramount Skydance says it would pay a $2.8 billion termination fee Warner would have to pay if it breaks off the deal with Netflix. Lucas Shaw reports.

Other symbols: PSKY
3 days ago - Bloomberg Technology

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

NEW YORK, Feb. 10, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.

Other symbols: PSKY
3 days ago - PRNewsWire

Paramount sweetens deal further, but WBD may still reject it

Paramount Skydance (NASDAQ: PSKY) is in focus this morning after the company sweetened its deal “further” for Warner Bros. Discovery (NASDAQ: WBD) to woo its shareholders and bypass a resistant board.

Other symbols: PSKY
3 days ago - Invezz

Paramount still won't raise price for Warner Bros. bid but offers billions in ‘enhancements'

Paramount says it will pay more if its bid is accepted but doesn't close by year's end and will also cover Netflix's break-up fee.

Other symbols: PSKY
3 days ago - Market Watch

Paramount adds sweeteners to Warner Bros bid

Paramount Skydance has enhanced its Warner Bros Discovery bid by offering extra cash for each quarter the deal fails to close beyond this year and agreeing to cover the breakup fee the HBO owner would...

Other symbols: PSKY
3 days ago - Reuters

What to know about Netflix's landmark acquisition of Warner Bros.

​If you thought 2025 couldn't get any crazier, the streaming world had one more surprise up its sleeve before the year ended.

Other symbols: NFLX
3 days ago - TechCrunch

David Ellison kicks in a few billion more as he makes his 9th bid for Warner Bros. Discovery

Paramount just updated its bid for Warner Bros. Discovery, as it battles Netflix's offer.

Other symbols: PSKY
3 days ago - Business Insider

Paramount Spruces Up Its Bid for Warner Discovery. Why It Might Not Move the Needle.

The CBS owner is introducing a so-called ticking fee, but still offering $30 a share for all of Warner Discovery.

Other symbols: PSKY
3 days ago - Barrons