Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
27.13
+0.03 (0.11%)
At close: Aug 21, 2026, 4:00 PM EDT
27.12
-0.01 (-0.04%)
After-hours: Aug 21, 2026, 5:41 PM EDT

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 $36.88. The average 1-year stock price forecast is 35.94% higher than the current stock price, while the lowest is $23 (-15.22%) and the highest is $46 (+69.55%).

Price Target: $36.88 (+35.94%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$23$36.88$39$46
Change-15.22%+35.94%+43.75%+69.55%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy101010101111
Buy433322
Hold444444
Sell000000
Strong Sell000000
Total181717171717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$40
BuyMaintains$40+47.44%Aug 11, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$39
BuyMaintains$39+43.75%Aug 7, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$43
BuyMaintains$43+58.50%Aug 7, 2026
Bernstein
Bernstein
Buy
Maintains
$39
BuyMaintains$39+43.75%Aug 6, 2026
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$39$36
BuyReiterates$39$36+32.69%Aug 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.33B
from 6.71B
Increased by 9.34%
Revenue Next Year
7.76B
from 7.33B
Increased by 5.85%
EPS This Year
1.78
from 1.22
Increased by 45.74%
EPS Next Year
1.97
from 1.78
Increased by 10.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 30, 2021Sep 30, 2022Sep 30, 2023Sep 30, 2024Sep 30, 2025Sep 30, 2026
Revenue
5.30B5.92B6.04B6.43B6.71B7.33B
Revenue Growth
18.78%11.66%1.99%6.44%4.37%9.34%
Gross Profit
2.56B2.84B2.86B3.07B3.08B3.38B
Gross Margin
48.27%47.96%47.37%47.79%45.85%46.03%
Operating Income
609.00M760.00M789.00M1.04B1.01B1.22B
Net Income
304.00M551.00M430.00M435.00M365.00M769.47M
EPS
----1.221.78
EPS Growth
-----2.82%45.74%
Forward PE
43.8724.1423.8622.2923.2515.23
Dividend / Share
0.510.610.650.690.730.77
Dividend Growth
325.00%19.61%6.56%6.15%5.80%5.81%
Free Cash Flow
235.38M513.88M499.00M778.75M631.13M916.73M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High7.5B
Avg7.3B
Low7.3B

Revenue Growth

Revenue Growth202620272028
High
11.4%
Avg
9.3%
Low
8.4%

EPS Forecast

EPS202620272028
High1.96
Avg1.78
Low1.43

EPS Growth

EPS Growth202620272028
High
60.3%
Avg
45.7%
Low
16.9%