Warner Bros. Discovery, Inc. (WBD)
NASDAQ: WBD · Real-Time Price · USD
25.83
-0.03 (-0.12%)
At close: Jul 21, 2026, 4:00 PM EDT
25.82
-0.01 (-0.04%)
Pre-market: Jul 22, 2026, 6:51 AM EDT

Warner Bros. Discovery Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, Warner Bros. Discovery stock has a consensus rating of "Hold" and an average price target of $29.92. The average 1-year stock price forecast is 15.83% higher than the current stock price, while the lowest is $26 (+0.66%) and the highest is $31.25 (+20.98%).

Price Target: $29.92 (+15.83%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$26$29.92$31$31.25
Change+0.66%+15.83%+20.02%+20.98%

Analyst Ratings

The average analyst rating for Warner Bros. Discovery stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy111133
Buy000000
Hold161717161515
Sell111111
Strong Sell222200
Total202121201919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Hold
Maintains
$28
HoldMaintains$28+7.43%Jul 17, 2026
Guggenheim
Guggenheim
Hold
Maintains
n/a
HoldMaintainsn/an/aJul 8, 2026
Seaport Global
Seaport Global
Buy
Upgrades
$31
BuyUpgrades$31+20.02%Jun 29, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 25, 2026
Huber Research
Huber Research
Buy
Upgrades
$31
BuyUpgrades$31+20.02%Jun 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.01B
from 37.30B
Decreased by -0.78%
Revenue Next Year
37.99B
from 37.01B
Increased by 2.66%
EPS This Year
-1.28
from 0.29
EPS Next Year
0.03
from -1.28
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
12.19B33.82B41.32B39.32B37.30B37.01B
Revenue Growth
14.24%177.39%22.19%-4.84%-5.15%-0.78%
Gross Profit
7.58B13.43B17.01B16.74B16.61B15.73B
Gross Margin
62.14%39.70%41.16%42.58%44.55%42.50%
Operating Income
2.07B-2.25B-576.00M510.00M1.68B-1.38B
Net Income
1.01B-7.37B-3.13B-11.31B727.00M-3.11B
EPS
----0.29-1.28
Free Cash Flow
6.99B22.63B20.04B20.46B16.02B2.72B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High38.4B
Avg37.0B
Low36.2B

Revenue Growth

Revenue Growth202620272028
High
3.0%
Avg
-0.8%
Low
-3.1%

EPS Forecast

EPS202620272028
High-0.59
Avg-1.28
Low-1.61

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-