Warner Music Group Corp. (WMG)

Warner Music Group Stock Forecast

Stock Price Forecast

The 16 analysts that cover Warner Music Group stock have a consensus rating of "Buy" and an average price target of $33.81, which forecasts a 25.13% increase in the stock price over the next year. The lowest target is $23 and the highest is $44.

Price Target: $33.81 (+25.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$33.81	$35	$44
Change	-14.88%	+25.13%	+29.53%	+62.84%

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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	5	6	6	6	6	6
Buy	3	3	3	2	2	2
Hold	5	4	4	5	6	6
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	15	15	15	15	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Bazinet Citigroup	Citigroup	Strong Buy Maintains $35 → $34	Strong Buy	Maintains	$35 → $34	+25.83%	May 29, 2025
Stephen Laszczyk Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $35 → $28	Strong Buy → Hold	Downgrades	$35 → $28	+3.63%	May 12, 2025
Batya Levi UBS	UBS	Strong Buy Maintains $41 → $38	Strong Buy	Maintains	$41 → $38	+40.64%	May 9, 2025
Michael Morris Guggenheim	Guggenheim	Strong Buy Maintains $40 → $37	Strong Buy	Maintains	$40 → $37	+36.94%	May 9, 2025
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold Maintains $32 → $31	Hold	Maintains	$32 → $31	+14.73%	May 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.47B

Increased by 0.73%

from 6.43B

Revenue Next Year

6.84B

Increased by 5.67%

from 6.47B

EPS This Year

1.15

Increased by 38.41%

from 0.83

EPS Next Year

1.36

Increased by 18.82%

from 1.15

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	4.46B	5.30B	5.92B	6.04B	6.43B	6.47B	6.84B	7.23B
Revenue Growth	-0.27%	18.78%	11.66%	1.99%	6.44%	0.73%	5.67%	5.63%
EPS	-0.94	0.58	1.06	0.82	0.83	1.15	1.36	1.57
EPS Growth	-	-	80.90%	-22.21%	0.83%	38.41%	18.82%	15.05%
Forward PE	-	-	-	-	-	23.55	19.82	17.23
No. Analysts	-	-	-	-	-	21	21	15

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	6.9B	7.2B	7.6B
Avg	6.5B	6.8B	7.2B
Low	6.2B	6.5B	6.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	6.6%	11.5%	11.6%
Avg	0.7%	5.7%	5.6%
Low	-3.0%	0.9%	-0.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.44	1.62	1.89
Avg	1.15	1.36	1.57
Low	0.95	1.14	1.35

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	73.5%	40.9%	38.6%
Avg	38.4%	18.8%	15.0%
Low	14.7%	-0.9%	-0.8%

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.