Warner Music Group Corp. (WMG)

NASDAQ: WMG · Real-Time Price · USD
31.54
-0.81 (-2.50%)
At close: May 29, 2026, 4:00 PM EDT
31.14
-0.40 (-1.27%)
After-hours: May 29, 2026, 6:34 PM EDT
Market Cap16.45B +15.8%
Revenue (ttm)7.13B +12.6%
Net Income447.00M
EPS0.85 -1.5%
Shares Out 521.62M
PE Ratio37.25
Forward PE18.73
Dividend$0.76 (2.35%)
Ex-Dividend DateMay 26, 2026
Volume3,038,013
Open32.16
Previous Close32.35
Day's Range31.45 - 32.60
52-Week Range23.34 - 35.42
Beta1.25
AnalystsBuy
Price Target38.12 (+20.86%)
Earnings DateMay 7, 2026

About WMG

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials... [Read more]

Industry Entertainment
IPO Date Jun 3, 2020
Employees 5,500
Stock Exchange NASDAQ
Ticker Symbol WMG
Full Company Profile

Financial Performance

In fiscal year 2025, Warner Music Group's revenue was $6.71 billion, an increase of 4.37% compared to the previous year's $6.43 billion. Earnings were $361.00 million, a decrease of -15.85%.

Financial Statements

Analyst Summary

According to 17 analysts, the average rating for WMG stock is "Buy." The 12-month stock price target is $38.12, which is an increase of 20.86% from the latest price.

Price Target
$38.12
(20.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Investors and labels are buying into the growing South Asian music business in the U.S.

Warner Music Group, the third-largest music label by market share, is tapping into the South Asian music movement with its latest venture. 5 Junction, created by music strategist Anjula Acharia, is in...

4 hours ago - CNBC

Warner Music Group Corp. to Participate in Evercore Global TMT Conference

NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. announced today that Armin Zerza, Chief Operating Officer and Chief Financial Officer, will participate in a question and answer session during the ...

3 days ago - Business Wire

Warner Music Group Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference

Management outlined a strategy focused on high single-digit revenue growth, margin expansion, and productivity through global leadership, disciplined capital allocation, and AI-driven innovation. Subscription and ad-supported streaming, catalog monetization, and publishing are key growth drivers, with M&A and tech investments supporting future gains.

10 days ago - Transcripts

Warner Music Group Corp. to Participate in J.P. Morgan Global Technology, Media and Communications Conference

NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. announced today that Armin Zerza, Chief Operating Officer and Chief Financial Officer, will participate in a question and answer session during the ...

16 days ago - Business Wire

Warner Music price target raised to $35 from $30 at BofA

BofA raised the firm’s price target on Warner Music (WMG) to $35 from $30 and keeps a Neutral rating on the shares. The firm views the company’s fiscal Q2 report…

20 days ago - TheFly

Warner Music Group Q2 Earnings Call Highlights

Warner Music Group NASDAQ: WMG reported stronger fiscal second-quarter results, with executives saying the company's growth strategy is gaining traction across streaming, catalog monetization, distrib...

21 days ago - MarketBeat

Warner Music price target raised to $42 from $40 at UBS

UBS raised the firm’s price target on Warner Music (WMG) to $42 from $40 and keeps a Buy rating on the shares.

21 days ago - TheFly

Warner Music price target raised to $39 from $38 at Bernstein

Bernstein raised the firm’s price target on Warner Music (WMG) to $39 from $38 and keeps an Outperform rating on the shares. The firm notes Warner Music printed 18% year-over-year…

21 days ago - TheFly

Warner Music price target raised to $43 from $37 at Evercore ISI

Evercore ISI analyst Kutgun Maral raised the firm’s price target on Warner Music (WMG) to $43 from $37 and keeps an Outperform rating on the shares.

21 days ago - TheFly

Warner Music price target raised to $39 from $38 at Morgan Stanley

Morgan Stanley analyst Cameron Mansson-Perrone raised the firm’s price target on Warner Music (WMG) to $39 from $38 and keeps an Overweight rating on the shares.

22 days ago - TheFly

Warner Music price target raised to $43 from $40 at JPMorgan

JPMorgan analyst David Karnovsky raised the firm’s price target on Warner Music (WMG) to $43 from $40 and keeps an Overweight rating on the shares.

22 days ago - TheFly

Warner Music price target raised to $36 from $34 at Guggenheim

Guggenheim raised the firm’s price target on Warner Music (WMG) to $36 from $34 and keeps a Buy rating on the shares. Fiscal second quarter results came in meaningfully ahead…

22 days ago - TheFly

Warner Music Group Earnings Call Transcript: Q2 2026

Delivered double-digit revenue and profit growth, with strong market share gains and margin expansion. AI initiatives, catalog investments, and new partnerships are set to drive future growth, while disciplined capital allocation and operational efficiency underpin sustained performance.

22 days ago - Transcripts

Warner Music Group Earnings release: Q2 2026

Warner Music Group released its Q2 2026 earnings on May 7, 2026, summarizing the period's financial results.

22 days ago - Filings

Warner Music Group Quarterly report: Q2 2026

Warner Music Group has published its Q2 2026 quarterly earnings report on May 7, 2026.

22 days ago - Filings

Warner Music Group Slides: Q2 2026

Warner Music Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on May 7, 2026.

22 days ago - Filings

Warner Music Group Corp. Reports Results for Fiscal Second Quarter Ended March 31, 2026

NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. today announced its second-quarter financial results for the period ended March 31, 2026. “Our Q2 results demonstrate the powerful combination of cr...

22 days ago - Business Wire

Paramount Pictures, Warner Music announce partnership

Paramount Pictures (PSKY) and Warner Music Group (WMG) have announced a multi-year, first-look deal. “The companies will partner on theatrical films, drawing on the lives and music of WMG’s legendary…

Other symbols: PSKY
22 days ago - TheFly

PARAMOUNT PICTURES & WARNER MUSIC GROUP ANNOUNCE PARTNERSHIP FOR THEATRICAL FILMS FOCUSED ON ICONIC ARTISTS & SONGWRITERS

NEW YORK, May 7, 2026 /PRNewswire/ -- Paramount Pictures and Warner Music Group (NASDAQ: WMG) have announced a multi-year, first-look deal. The companies will partner on theatrical films, drawing on t...

Other symbols: PSKY
22 days ago - PRNewsWire

WARNER MUSIC GROUP NAMED TO TIME'S LIST OF THE TIME100 MOST INFLUENTIAL COMPANIES

WMG Recognized for Championing Artists & Songwriters in AI Era NEW YORK, April 30, 2026 /PRNewswire/ -- Today, Warner Music Group (NASDAQ: WMG) was named to the sixth-annual TIME100 Most Influential C...

4 weeks ago - PRNewsWire

Warner Music price target raised to $38 from $37 at Morgan Stanley

Morgan Stanley analyst Cameron Mansson-Perrone raised the firm’s price target on Warner Music (WMG) to $38 from $37 and keeps an Overweight rating on the shares. The firm sees revenue…

5 weeks ago - TheFly

Warner Music announces TuStreams investment as part of partnership

Warner Music (WMG) announced a partnership with TuStreams, an independent label in Mexico, including a minority investment in the company. As part of the agreement, Warner will serve as the…

6 weeks ago - TheFly

WARNER MUSIC GROUP ANNOUNCES STRATEGIC INVESTMENT AND EXPANSIVE PARTNERSHIP WITH TUSTREAMS

Global Alliance Will Accelerate Worldwide Growth for One of Música Mexicana's Leading Independent Forces NEW YORK, April 13, 2026 /PRNewswire/ -- Warner Music Group (Nasdaq: WMG) today announced a lan...

6 weeks ago - PRNewsWire

Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, May 7, 2026

NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. will release its financial results on Thursday, May 7, 2026, for the second quarter ended March 31, 2026, and will hold an earnings conference call ...

7 weeks ago - Business Wire

Warner Music price target lowered to $30 from $33 at BofA

BofA analyst Jessica Reif Ehrlich lowered the firm’s price target on Warner Music (WMG) to $30 from $33 and keeps a Neutral rating on the shares as part of a…

7 weeks ago - TheFly