Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.69
-0.10 (-0.35%)
Feb 19, 2026, 11:48 AM EST - Market open
Market Cap71.15B +177.8%
Revenue (ttm)37.86B -4.3%
Net Income489.00M
EPS0.19
Shares Out 2.48B
PE Ratio148.00
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,646,992
Open28.59
Previous Close28.79
Day's Range28.59 - 28.81
52-Week Range7.52 - 30.00
Beta1.62
AnalystsBuy
Price Target21.35 (-25.58%)
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 -25.58% from the latest price.

Price Target
$21.35
(-25.58% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Despite The Headlines, Paramount Skydance Bid For WBD Likely To Fail

The Warner Bros. Discovery and Paramount logos appear on a smartphone screen in this illustration photo in Reno, United States, on December 15, 2025 (Photo Illustration by Jaque Silva/NurPhoto via Get...

Other symbols: PSKY
9 hours ago - Forbes

Allspring Large Cap Growth Fund Q4 2025 Performance Update

The Allspring Large Cap Growth Fund underperformed the Russell 1000 Growth Index during the fourth quarter. As VYVGART gains traction with new patients, argenx continues to advance its pipeline, targe...

11 hours ago - Seeking Alpha

US DOJ probes Warner Bros' planned sale impact on theaters, Bloomberg News reports

The U.S. Justice Department has summoned some of the country's major theater chains to private conversations about the potential impact of a sale of Warner Bros Discovery, Bloomberg News reported on W...

17 hours ago - Reuters

Netflix counsel decries Paramount ‘DISTRACTION' rhetoric amid Warner Bros bidding war

Netflix counsel Aaron Teitelbaum discusses Warner Bros. Discovery reopening talks with Paramount Skydance on ‘The Claman Countdown.

Other symbols: NFLXPSKY
17 hours ago - Fox Business

Warner Bros. Reopens Talks, MSG Sports Talks Knicks, Rangers Spinoff | Bloomberg Deals 2/18/2026

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Principal Venture Partners Found...

Other symbols: MSGS
21 hours ago - Bloomberg Markets and Finance

In Warner Merger Battle, Netflix Needs To Take “More Action” To Prove It Loves Movie Theaters, Cinemark CEO Says

Exhibitors are “apprehensive” about “placing too much stock” in Netflix's recent pledges to honor traditional theatrical release windows, Cinemark CEO Sean Gamble said Wednesday. Speaking to Wall Stre...

Other symbols: CNKNFLX
1 day ago - Deadline

Warner Bros. Investors Want a Netflix, Paramount Bidding War.

Paramount said it was prepared to engage in discussions, but stopped short of mentioning a $31 a share bid.

Other symbols: NFLXPSKY
1 day ago - Barrons

Opinion | The Warner Bros. Fight Isn't Over

Investors start to see past Trump and ask which takeover offer is really better.

1 day ago - WSJ

Netflix co-CEO: Paramount has been 'flooding the zone' and confusing Warner Bros. shareholders

Netflix co-CEO Ted Sarandos joins CNBC's Julia Boorstin and 'Closing Bell Overtime' on the heels of news that Netflix allowed Warner Bros. and Paramount to reopen talks about potential acquisition.

Other symbols: NFLXPSKY
1 day ago - CNBC Television

Paramount Weighs In On WBD Talks: Will Engage In Good Faith But Move Ahead With Hostile Offer, Proxy Fight

Paramount has responded to Warner Bros. Discovery, which, with the backing of Netflix, agreed to start seven days of talks with the David Ellison company on a potential deal. “Paramount acknowledges t...

Other symbols: PSKY
1 day ago - Deadline

PARAMOUNT COMMENTS ON WARNER BROS. DISCOVERY DISCLOSURES

LOS ANGELES and NEW YORK, Feb. 17, 2026  /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") today provided the following statement in regards to disclosures by Warner Bros. Di...

Other symbols: PSKY
1 day ago - PRNewsWire

The Netflix-Paramount-Warner Bros. Three-Way Drama Just Keeps Heating Up

A major media deal in the making has delivered another twist.

Other symbols: NFLXPSKY
1 day ago - Investopedia

Warner Bros. CEO David Zaslav's real plan was to let Paramount, Netflix ‘duke it out': sources

Zaslav did that by keeping the lines of communication open with paramount chief David Ellison and his mega billionaire father Larry Ellison, who is bankrolling the company's bid.

Other symbols: NFLXPSKY
1 day ago - New York Post

Streaming Wars & Negotiations: WBD Weighs NFLX & PSKY Bids

Warner Bros. Discovery (WBD) is taking a close look into both deals proposed by its tentative buyers.

Other symbols: NFLXPSKY
2 days ago - Schwab Network

Warner Bros. Discovery says it's worried employees will quit if it picks Paramount's offer

Warner Bros. Discovery says it still has reservations about Paramount Skydance's offer.

Other symbols: PSKY
2 days ago - Business Insider

Warner Bros. Reopens Talks With Rival Paramount

Warner Bros. Discovery is talking to Paramount Skydance again after the studio sweetened its offer setting up a showdown with Netflix.

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

Netflix grants Warner Bros. Discovery 7-day waiver to reopen deal talks with Paramount Skydance

CNBC's David Faber joins 'Squawk Box' with the latest news on Warner Bros. Discovery.

Other symbols: NFLXPSKY
2 days ago - CNBC Television

How Paramount pulled its failing bid for Warner Bros. back from the brink

Paramount Skydance convinced Warner Bros. to reopen negotiations after signaling it was finally ready to raise its price.

Other symbols: PSKY
2 days ago - Market Watch

Warner Bros gives Paramount seven days to make ‘best and final' offer

Waiver from Netflix allows film company to engage with rival bidder if it could lead to a ‘reasonably superior offer'

2 days ago - The Guardian

Warner Bros. Discovery will restart talks with Paramount — potentially setting up a bidding war with Netflix

Paramount last week sweetened its $30 per share all-cash offer with an agreement to pay the $2.8 billion termination fee to Netflix, as well as a “ticking fee” for WBD shareholders worth $650 million.

Other symbols: NFLXPARA
2 days ago - New York Post

Warner Bros. Says Paramount Is Open to Raising Offer and Restarts Talks

Warner said it had restarted negotiations after Paramount signaled it would be willing to raise its offer to $31 a share.

Other symbols: PSKY
2 days ago - Barrons

Warner Reopens Talks With Paramount After Sweetened Offer

The Warner Bros. Discovery board sets a seven-day window for Paramount to make its “best and final” takeover offer.

Other symbols: PSKY
2 days ago - WSJ

Warner Board Says Paramount Agreed To Raise Offer To $31 A Share Or More If Two Sides Engaged

As Paramount continued to lob offers for Warner Bros. Discovery, that continued to be rejected, all at $30 a share in cash, the big question from Wall Street to Hollywood has been why not raise the bi...

Other symbols: PSKY
2 days ago - Deadline

Netflix grants Warner Bros. Discovery 7-day waiver to hold deal talks with Paramount Skydance

Netflix has granted Warner Bros. Discovery a 7-day waiver to reopen deal talks with Paramount Skydance.

Other symbols: NFLXPSKY
2 days ago - CNBC

Warner Bros rejects Paramount's revised offer, but gives studio a week to negotiate better deal

Warner Bros Discovery has rejected Paramount Skydance's latest $30-a-share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a better deal to buy the ow...

Other symbols: PSKY
2 days ago - Reuters