Warner Bros. Discovery, Inc. (WBD)

Warner Bros. Discovery Stock Forecast

Stock Price Forecast

The 15 analysts that cover Warner Bros. Discovery stock have a consensus rating of "Buy" and an average price target of $23.78, which forecasts a -13.34% decrease in the stock price over the next year. The lowest target is $13 and the highest is $31.

Price Target: $23.78 (-13.34%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$13	$23.78	$26	$31
Change	-52.62%	-13.34%	-5.25%	+12.97%

* Price targets were last updated on Mar 10, 2026.

Analyst Ratings

The average analyst rating for Warner Bros. Discovery stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	8	8	6	5	5	5
Buy	4	3	2	1	1	1
Hold	12	14	14	15	14	14
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	24	25	22	22	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Saken Ismailov Freedom Broker	Freedom Broker	Hold Maintains $30 → $31	Hold	Maintains	$30 → $31	+12.97%	Mar 10, 2026
Steven Cahall Wells Fargo	Wells Fargo	Hold Initiates $31	Hold	Initiates	$31	+12.97%	Mar 9, 2026
Doug Creutz TD Cowen	TD Cowen	Hold Maintains $22 → $26	Hold	Maintains	$22 → $26	-5.25%	Feb 27, 2026
Ric Prentiss Raymond James	Raymond James	Buy → Sell Downgrades n/a	Buy → Sell	Downgrades	n/a	n/a	Feb 27, 2026
Matthew Harrigan Benchmark	Benchmark	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Feb 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

37.73B

Increased by 1.17%

from 37.30B

Revenue Next Year

38.34B

Increased by 1.62%

from 37.73B

EPS This Year

-0.13

from 0.29

EPS Next Year

-0.11

from -0.13

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	12.19B	33.82B	41.32B	39.32B	37.30B	37.73B	38.34B
Revenue Growth	14.24%	177.39%	22.19%	-4.84%	-5.15%	1.17%	1.62%
EPS	1.54	-3.82	-1.28	-4.62	0.29	-0.13	-0.11
EPS Growth	-15.15%	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	24	21

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	40.9B	41.5B
Avg	37.7B	38.3B
Low	35.6B	35.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	9.8%	9.9%
Avg	1.2%	1.6%
Low	-4.5%	-5.3%

EPS Forecast

EPS	2026	2027	2028	2029
High	0.76	1.17
Avg	-0.13	-0.11
Low	-1.02	-1.17

EPS Growth

EPS Growth	2026	2027	2028	2029
High	160.7%	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.