Warner Music Group Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Warner Music Group stock has a consensus rating of "Buy" and an average price target of $38.12. The average 1-year stock price forecast is 35.32% higher than the current stock price, while the lowest is $23 (-18.35%) and the highest is $46 (+63.29%).

Price Target: $38.12 (+35.32%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$38.12	$39	$46
Change	-18.35%	+35.32%	+38.45%	+63.29%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	10	10	10	10	10	10
Buy	4	4	4	3	3	3
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	17	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ian S. Moore Bernstein	Bernstein	Buy Maintains $39	Buy	Maintains	$39	+38.45%	Jun 10, 2026
Kutgun Maral Evercore ISI	Evercore ISI	Buy Maintains $37 → $43	Buy	Maintains	$37 → $43	+52.64%	May 8, 2026
Batya Levi UBS	UBS	Buy Maintains $40 → $42	Buy	Maintains	$40 → $42	+49.09%	May 8, 2026
Cameron Mansson-Perrone Morgan Stanley	Morgan Stanley	Buy Maintains $38 → $39	Buy	Maintains	$38 → $39	+38.45%	May 8, 2026
David Karnovsky J.P. Morgan	J.P. Morgan	Buy Reiterates $40 → $43	Buy	Reiterates	$40 → $43	+52.64%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.28B

from 6.71B

8.54%

from 6.71B

Revenue Next Year

7.71B

from 7.28B

5.93%

from 7.28B

EPS This Year

1.84

from 1.22

50.51%

from 1.22

EPS Next Year

1.96

from 1.84

6.45%

from 1.84

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	5.30B	5.92B	6.04B	6.43B	6.71B	7.28B
Revenue Growth	18.78%	11.66%	1.99%	6.44%	4.37%	8.54%
Gross Profit	2.56B	2.84B	2.86B	3.07B	3.08B	3.37B
Gross Margin	48.27%	47.96%	47.37%	47.79%	45.85%	46.24%
Operating Income	609.00M	760.00M	789.00M	1.04B	1.01B	1.22B
Net Income	304.00M	551.00M	430.00M	435.00M	365.00M	765.72M
EPS	-	-	-	-	1.22	1.84
EPS Growth	-	-	-	-	-2.82%	50.51%
Forward PE	43.87	24.14	23.86	22.29	23.25	15.31
Dividend / Share	0.51	0.61	0.65	0.69	0.73	0.78
Dividend Growth	-	19.61%	6.56%	6.15%	5.80%	6.60%
Free Cash Flow	235.38M	513.88M	499.00M	778.75M	631.13M	924.34M
No. Analysts	-	-	-	-	-	15

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	7.5B
Avg	7.3B
Low	7.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.1%
Avg	8.5%
Low	6.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.84
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	50.5%
Low	-