Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · IEX Real-Time Price · USD
8.31
+0.32 (4.01%)
At close: Jul 26, 2024, 4:00 PM
8.29
-0.02 (-0.24%)
After-hours: Jul 26, 2024, 7:50 PM EDT
4.01%
Market Cap 20.36B
Revenue (ttm) 40.58B
Net Income (ttm) -3.02B
Shares Out 2.45B
EPS (ttm) -1.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,205,710
Open 8.10
Previous Close 7.99
Day's Range 8.03 - 8.37
52-Week Range 6.94 - 14.76
Beta 1.50
Analysts Buy
Price Target 12.23 (+47.17%)
Earnings Date Aug 7, 2024

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 35,300
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

Financial Performance

In 2023, Warner Bros. Discovery's revenue was $41.32 billion, an increase of 22.19% compared to the previous year's $33.82 billion. Losses were -$3.13 billion, -57.59% less than in 2022.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for WBD stock is "Buy." The 12-month stock price forecast is $12.23, which is an increase of 47.17% from the latest price.

Price Target
$12.23
(47.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Warner Bros. Discovery Sues NBA Over Amazon Deal

Warner Bros. Discovery sued the NBA on Friday for breach of contract after the league said the TNT owner did not match Amazon's $1.8 billion bid for an 11-year distribution rights deal, according to m...

2 hours ago - Forbes

Warner Bros. Discovery Calls Foul on NBA: Sues Over Partnership

Warner Bros. Discovery (WBD) is suing the NBA over the ending of its broadcast partnership.

4 hours ago - Schwab Network

Warner Bros. Sues the NBA Over TV Rights

Turner Broadcasting System and Warner Bros. Discovery sued the National Basketball Association for breach of contract , days after the league announced the end of a long-running broadcast partnership.

6 hours ago - Bloomberg Markets and Finance

Warner's TNT Sues NBA, Alleging Breach of Media-Rights Contract

Warner Bros. Discovery WBD 3.44%increase; green up pointing triangle filed a breach of contract suit Thursday against the NBA, alleging the league violated a media-rights agreement with its TNT cable ...

6 hours ago - WSJ

NBA Sued By Warner Bros Discovery As TV Rights Battle Goes To Next Level

Just hours before the Opening Ceremony is set to kick off in Paris, David Zaslav wants to remind everyone that the Olympics are not the only game in town with an expected lawsuit against the NBA over ...

7 hours ago - Deadline

Warner Bros Discovery sues NBA over bid for broadcast rights

Warner Bros Discovery and its sports division, Turner Broadcasting System, filed a lawsuit on Friday against the National Basketball Association in New York over the league's rejection of its matching...

7 hours ago - Reuters

Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon

Warner Bros. Discovery is suing the NBA to keep distributing the league's games.

Other symbols: AMZN
7 hours ago - CNBC

Disney+, Max, Hulu now offer a discounted bundle

Warner Bros. Discovery and Disney have teamed up to release a bundle at up to a 38% discount.

Other symbols: DIS
8 hours ago - The Street

Warner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite

It's unclear if merger deregulation will jumpstart consolidation among larger media companies. In the last five years, every large media merger has led to tens of billions in lost value for shareholde...

12 hours ago - CNBC

NBA Picks Amazon, Turns Down Warner Bros. Offer to Match

The NBA announced new long-term TV contracts with Walt Disney, Comcast and Amazon, spurning an effort by Warner Bros. Discovery to retain its decades-old broadcast rights.

Other symbols: AMZNCMCSADIS
1 day ago - Bloomberg Technology

NBA enters deal with Amazon—rejecting a bid from longtime partner Warner Bros. Discovery

The NBA said Wednesday that it is not accepting Warner Bros. Discovery's $1.8 billion per year offer to continue its longtime relationship with the league and therefore has entered into a deal with Am...

1 day ago - Fast Company

Stocks on the Move: Nasdaq, Warner Bros, Honeywell and Abbvie

The Investment Committee discuss some stocks on the move in today's market.

Other symbols: ABBVHONNDAQ
1 day ago - CNBC Television

Warner Bros. Discovery to sue NBA after losing bid for broadcast rights: report

The NBA on Wednesday rejected an offer from Warner's TNT sports division — ending four decades of partnership.

1 day ago - New York Post

Warner Bros. Discovery sues NBA over matching rights

CNBC's David Faber reports on the latest news.

1 day ago - CNBC Television

Warner Bros Discovery to sue NBA over bid for broadcast rights, source says

Warner Bros Discovery will sue the National Basketball Association in New York after the league rejected its matching bid for TV broadcasting rights, a source familiar with the matter said on Thursday...

1 day ago - Reuters

Disney, Warner Bros launch streaming bundle with ad-free plan for $30/month

A streaming bundle comprising Disney+, Hulu and Max services will be available in the United States from Thursday for a monthly price of $16.99 with ads, and $29.99 without ads, parent companies Walt ...

Other symbols: DIS
1 day ago - Reuters

Warner Bros Discovery drops after failing to renew NBA broadcasting rights

Warner Bros Discovery shares fell more than 4% in U.S. premarket trading on Thursday, after the media giant failed to renew broadcasting rights for the NBA games, fueling investor concerns over the fu...

1 day ago - Reuters

Flagrant Foul! Warner Bros Discovery Threatens “Appropriate Action” Against NBA After League Rejects Matching Bid

Warner Bros Discovery may have been late to the game, but the TNT owner isn't about to let Amazon Prime Video snatch its NBA ball without a fight.

2 days ago - Deadline

NBA rejects Warner Bros. Discovery's media-rights bid, goes with Amazon instead

League finalizes 11-year, $76 billion deal with Disney, NBC and Amazon.

2 days ago - Market Watch

NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal

The NBA is negotiating a new media rights deals to begin after this upcoming season. Warner Bros.

Other symbols: AMZN
2 days ago - CNBC

Battle over NBA rights brewing as Warner Bros. Discovery matches Amazon's bid

CNBC"S David Faber and Jim Cramer discuss the brewing legal battle over NBA rights as Warner Bros. Discovery matches Amazon's bid.

3 days ago - CNBC Television

Could Warner Bros. Vs. Amazon Battle Be Brewing For NBA Rights?

Media company Warner Bros. Discovery WBD isn't ready to give up its highly coveted national NBA TV rights yet.

Other symbols: AMZN
3 days ago - Benzinga

Hepsiburada Partners with Warner Bros. Discovery via BluTV Collaboration

ISTANBUL , July 23, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, has announced the partnership with Warner B...

Other symbols: HEPS
3 days ago - PRNewsWire

Warner Bros. Discovery tells NBA it will match Amazon's bid to carry games

Warner Bros. Discovery WBD, -1.38% informed the league Monday that it will match the $1.8 billion per year offer by Amazon's Prime Video.

4 days ago - Market Watch

Warner Bros. Discovery offers to match Amazon offer for NBA rights

CNBC's Alex Sherman to report on Warner Bros Discovery's offer to match Amazon's offer for NBA rights.

4 days ago - CNBC Television