Warner Bros. Discovery Stock Forecast

Stock Price Forecast

The 14 analysts that cover Warner Bros. Discovery stock have a consensus rating of "Buy" and an average price target of $23.27, which forecasts a -15.13% decrease in the stock price over the next year. The lowest target is $13 and the highest is $31.

Price Target: $23.27 (-15.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$13	$23.27	$26	$31
Change	-52.59%	-15.13%	-5.18%	+13.06%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	8	8	8	6	5	5
Buy	3	4	3	2	1	1
Hold	13	11	13	13	14	13
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	24	23	24	21	21	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Cahall Wells Fargo	Wells Fargo	Hold Initiates $31	Hold	Initiates	$31	+13.06%	Mar 9, 2026
Doug Creutz TD Cowen	TD Cowen	Hold Maintains $22 → $26	Hold	Maintains	$22 → $26	-5.18%	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
Laurent Yoon Bernstein	Bernstein	Hold Maintains $24 → $28	Hold	Maintains	$24 → $28	+1.20%	Feb 25, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

37.75B

from 37.30B

1.23%

from 37.30B

Revenue Next Year

38.34B

from 37.75B

1.54%

from 37.75B

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	37.75B	38.34B
Revenue Growth	14.24%	177.39%	22.19%	-4.84%	-5.15%	1.23%	1.54%
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
High	42.0B	42.8B
Avg	37.8B	38.3B
Low	35.6B	35.6B

Revenue Growth

Revenue Growth	2026	2027
High	12.7%	13.5%
Avg	1.2%	1.5%
Low	-4.5%	-5.6%

EPS Forecast

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

EPS Growth

EPS Growth	2026	2027
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.