Warner Music Group Corp. (WMG)

Warner Music Group Stock Forecast

Stock Price Forecast

The 15 analysts that cover Warner Music Group stock have a consensus rating of "Buy" and an average price target of $35.87, which forecasts a 18.66% increase in the stock price over the next year. The lowest target is $30 and the highest is $45.

Price Target: $35.87 (+18.66%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$30	$35.87	$36	$45
Change	-0.76%	+18.66%	+19.09%	+48.86%

Analyst Ratings

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

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	6	6	5	5	4	4
Buy	2	2	3	3	3	4
Hold	6	6	8	8	8	7
Sell	1	1	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	16	16	16	16	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ian Moore Bernstein	Bernstein	Buy Maintains $35 → $38	Buy	Maintains	$35 → $38	+25.70%	Oct 30, 2025
Omar Mejias Wells Fargo	Wells Fargo	Hold → Buy Upgrades $34 → $39	Hold → Buy	Upgrades	$34 → $39	+29.01%	Oct 14, 2025
David Karnovsky JP Morgan	JP Morgan	Buy Maintains $36 → $40	Buy	Maintains	$36 → $40	+32.32%	Oct 8, 2025
Jessica Reif Cohen B of A Securities	B of A Securities	Hold Maintains $33 → $36	Hold	Maintains	$33 → $36	+19.09%	Oct 1, 2025
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $44 → $45	Strong Buy	Maintains	$44 → $45	+48.86%	Sep 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.59B

Increased by 2.55%

from 6.43B

Revenue Next Year

6.97B

Increased by 5.72%

from 6.59B

EPS This Year

0.85

Increased by 1.98%

from 0.83

EPS Next Year

1.36

Increased by 60.88%

from 0.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	4.46B	5.30B	5.92B	6.04B	6.43B	6.59B	6.97B
Revenue Growth	-0.27%	18.78%	11.66%	1.99%	6.44%	2.55%	5.72%
EPS	-0.94	0.58	1.06	0.82	0.83	0.85	1.36
EPS Growth	-	-	80.90%	-22.21%	0.83%	1.98%	60.88%
Forward PE	-	-	-	-	-	35.76	22.23
No. Analysts	-	-	-	-	-	20	20

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	6.9B	7.4B
Avg	6.6B	7.0B
Low	6.4B	6.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	7.0%	12.5%
Avg	2.6%	5.7%
Low	-1.0%	1.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.03	1.75
Avg	0.85	1.36
Low	0.74	1.06

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	24.1%	107.4%
Avg	2.0%	60.9%
Low	-11.3%	25.2%

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.