Warner Bros. Discovery logo
Warner Bros. Discovery, Inc. (WBD)
Oct 6, 2026 - WBD was delisted (reason: acquired by SKYD)
30.95
0.00 (0.00%)
Inactive · Last trade price on Oct 5, 2026

Warner Bros. Discovery Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Warner Bros. Discovery stock had an average target of $30.67, with a low estimate of $27.75 and a high estimate of $31.25.

Price Target: $30.67 (-0.90%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$27.75$30.67$31$31.25
Change-10.34%-0.90%+0.16%+0.97%

Analyst Ratings

The average analyst rating for Warner Bros. Discovery stock from 14 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy132322
Buy000000
Hold161516151611
Sell111111
Strong Sell200010
Total201919192014

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Argus Research
Argus Research
Sell
Downgrades
$31
SellDowngrades$31+0.16%Sep 29, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$29 → $31
HoldReiterates$29 → $31+0.16%Sep 22, 2026
Barclays
Barclays
Hold
Initiates
$29
HoldInitiates$29-6.30%Sep 17, 2026
Bernstein
Bernstein
Hold
Maintains
$28
HoldMaintains$28-10.34%Sep 16, 2026
Barrington
Barrington
Hold
Reiterates
n/a
HoldReiteratesn/an/aAug 10, 2026

Financial Forecast

Revenue This Year
36.21B
from 37.30B
Decreased by -2.92%
Revenue Next Year
37.17B
from 36.21B
Increased by 2.64%
EPS This Year
-1.16
from 0.29
EPS Next Year
0.00
from -1.16
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
12.19B33.82B41.32B39.32B37.30B36.21B
Revenue Growth
14.24%177.39%22.19%-4.84%-5.15%-2.92%
Gross Profit
7.58B13.43B17.01B16.74B16.61B16.22B
Gross Margin
62.14%39.70%41.16%42.58%44.55%44.80%
Operating Income
2.07B-2.25B-576.00M510.00M1.68B-1.39B
Net Income
1.01B-7.37B-3.13B-11.31B727.00M-2.82B
EPS
----0.29-1.16
Free Cash Flow
----3.09B2.65B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High37.2B
Avg36.2B
Low35.3B

Revenue Growth

Revenue Growth202620272028
High
-0.2%
Avg
-2.9%
Low
-5.3%

EPS Forecast

EPS202620272028
High-1.04
Avg-1.16
Low-1.28

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-