Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.20
-0.30 (-1.05%)
At close: Mar 3, 2026, 4:00 PM EST
28.13
-0.07 (-0.25%)
After-hours: Mar 3, 2026, 7:57 PM EST
Market Cap69.96B +179.5%
Revenue (ttm)37.30B -5.2%
Net Income728.00M
EPS0.29
Shares Out 2.48B
PE Ratio97.24
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume30,845,845
Open28.30
Previous Close28.50
Day's Range28.17 - 28.46
52-Week Range7.52 - 30.00
Beta1.62
AnalystsBuy
Price Target22.18 (-21.35%)
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 35,500
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 21 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $22.18, which is a decrease of -21.35% from the latest price.

Price Target
$22.18
(-21.35% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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: VSNTWBD
2 hours 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: DISWBD
10 hours 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: PSKYWBD
14 hours 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: PSKYWBD
15 hours 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: PSKYWBD
16 hours 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: NFLXPSKYWBD
16 hours 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: PSKYWBD
1 day 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: PSKYWBD
1 day 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: PSKYWBD
1 day 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: PSKYWBD
1 day 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: PSKYWBD
1 day ago - Market Watch

Paramount+ and HBO Max to merge into one streaming service after WBD deal closes

Following the surprising news that Netflix had withdrawn its bid to acquire Warner Bros. Discovery (WBD), Paramount Skydance stepped in to purchase the company.

Other symbols: PSKYWBD
1 day ago - TechCrunch

Paramount Skydance, Warner Bros. staffers fear devastating layoffs following merger: reports

Paramount Skydance CEO David Ellison's $6 billion in planned cost cuts as part of a merger with Warner Bros. Discovery has triggered fears of devasting layoffs as two of Hollywood's largest studios an...

Other symbols: PSKYWBD
1 day ago - New York Post

Paramount Won't Sell Cable Networks After WBD Merger, Touts “Incredible Footprint” Of Combined Linear Business

Paramount executives stressed today that once merged with Warner Bros. Discovery, the company combined has no plans to unload any legacy cable networks.   CEO David Ellison and COO and Chief Strategy ...

Other symbols: PSKYWBD
1 day ago - Deadline

Why Netflix's CEO dropped his bid to buy Warner Bros Discovery and Trump 'didn't care'

Ted Sarandos said he knew "right away" Netflix would decline to counter Paramount's winning attempt to buy Warner Bros. Discovery and added President Trump's role was overestimated.

Other symbols: NFLXWBD
1 day ago - Fox Business

Paramount Claims Early European Regulatory Progress For WBD Deal

Paramount Skydance has a good feeling about European approval for its $111B takeover of Warner Bros. Discovery (WBD). Andy Gordon, Par's Chief Strategy Officer and Chief Operating Officer, told Wall S...

Other symbols: PSKYWBD
1 day ago - Deadline

HBO Max, Paramount+ set to be combined into one streaming service after Hollywood merger

HBO Max and Paramount+ will be combined into one streaming platform if Paramount Skydance's acquisition of Warner Bros. Discovery gains regulatory approval, Paramount Skydance CEO David Ellison said M...

Other symbols: PSKYWBD
1 day ago - New York Post

Warner Bros. Discovery, Inc. (WBD) M&A Call Transcript

Warner Bros. Discovery, Inc. (WBD) M&A Call Transcript

Other symbols: WBD
1 day ago - Seeking Alpha

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

Paramount CEO David Ellison says the company's pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix.

Other symbols: PSKYWBD
1 day ago - Deadline

Paramount CEO says Warner Bros tie-up to carry $79 billion net debt, no cable asset sales planned

Paramount Skydance CEO David Ellison said on Monday its deal for Warner Bros will leave the combined company with about $79  billion in net debt and that there were no plans to divest or spin off any ...

Other symbols: PSKYWBD
1 day ago - Reuters

Paramount to combine HBO Max and Paramount+ into one streaming service after WBD merger

Paramount said it plans to merge HBO Max and Paramount+ into one streaming service after completing its WBD acquisition. Paramount executives didn't offer any details on pricing or what the service wo...

Other symbols: PSKYWBD
1 day ago - CNBC

Paramount Won Over Warner Bros. Now for the Regulators.

Global officials are expected to closely examine the $111 billion deal, which ties together two entertainment powerhouses, over potential competition issues.

Other symbols: PSKYWBD
1 day ago - NYTimes

Netflix says it bailed on WBD because of money, not Donald Trump

Netflix shocked the media world when it walked away from the Warner Bros. Discovery bidding war last week.

Other symbols: NFLXWBD
2 days ago - Business Insider

The faces behind Paramount's Warner Bros. Discovery-takeover victory

The epic, six-month tango between some of the largest players in media for the owner of the Warner Bros. studio, HBO Max streamer and CNN came to a suitably stunning finish late Thursday — although re...

Other symbols: PSKYWBD
2 days ago - New York Post

Why did Netflix back down from its deal to acquire Warner Bros.

Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio.

Other symbols: NFLXWBD
3 days ago - TechCrunch