Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
32.94
-0.42 (-1.26%)
At close: May 11, 2026, 4:00 PM EDT
32.54
-0.40 (-1.21%)
After-hours: May 11, 2026, 6:11 PM EDT
Warner Music Group Stock Forecast
Stock Price Forecast
The 14 analysts that cover Warner Music Group stock have a consensus rating of "Buy" and an average price target of $37.36, which forecasts a 13.42% increase in the stock price over the next year. The lowest target is $30 and the highest is $45.
Price Target: $37.36 (+13.42%)
Analyst Consensus: Buy
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 | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 4 | 4 | 4 | 4 | 5 |
| Hold | 5 | 5 | 5 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 14 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $40 → $42 | Strong Buy | Maintains | $40 → $42 | +27.50% | May 8, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $40 → $43 | Buy | Maintains | $40 → $43 | +30.54% | May 8, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $37 → $43 | Buy | Maintains | $37 → $43 | +30.54% | May 8, 2026 |
| Guggenheim | Guggenheim | Strong Buy Maintains $34 → $36 | Strong Buy | Maintains | $34 → $36 | +9.29% | May 8, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $37 → $38 | Buy | Maintains | $37 → $38 | +15.36% | Apr 21, 2026 |
Financial Forecast
Revenue This Year
7.20B
from 6.71B
Increased by 7.29%
Revenue Next Year
7.62B
from 7.20B
Increased by 5.92%
EPS This Year
1.35
from 0.69
Increased by 94.95%
EPS Next Year
1.74
from 1.35
Increased by 28.40%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 7.6B | 8.1B | |||
| Avg | 7.2B | 7.6B | |||
| Low | 6.9B | 7.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.3% | 12.5% | |||
| Avg | 7.3% | 5.9% | |||
| Low | 2.5% | 0.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1.60 | 2.07 | |||
| Avg | 1.35 | 1.74 | |||
| Low | 1.13 | 1.43 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 130.1% | 53.0% | |||
| Avg | 94.9% | 28.4% | |||
| Low | 62.4% | 6.1% |
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 sources.