Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
31.44
+0.11 (0.35%)
Oct 21, 2026, 4:00 PM EDT - Market closed

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. The average 1-year stock price forecast is 20.87% higher than the current stock price, while the lowest is $30 (-4.58%) and the highest is $46 (+46.31%).

Price Target: $38 (+20.87%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$30$38$39$46
Change-4.58%+20.87%+24.05%+46.31%

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
RatingApr '26May '26Jul '26Aug '26Sep '26Oct '26
Strong Buy101011111011
Buy332233
Hold444433
Sell000000
Strong Sell000000
Total171717171617

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Reiterates
$42 → $43
BuyReiterates$42 → $43+36.77%Oct 1, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$30
HoldReiterates$30-4.58%Sep 30, 2026
Guggenheim
Guggenheim
Buy
Maintains
$36
BuyMaintains$36+14.50%Sep 29, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$36
BuyMaintains$36+14.50%Sep 9, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$40
BuyMaintains$40+27.23%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.34B
from 6.71B
Increased by 9.41%
Revenue Next Year
7.79B
from 7.34B
Increased by 6.21%
EPS This Year
1.78
from 1.22
Increased by 45.74%
EPS Next Year
1.97
from 1.78
Increased by 10.43%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 30, 2021Sep 30, 2022Sep 30, 2023Sep 30, 2024Sep 30, 2025Sep 30, 2026
Revenue
5.30B5.92B6.04B6.43B6.71B7.34B
Revenue Growth
18.78%11.66%1.99%6.44%4.37%9.41%
Gross Profit
2.56B2.84B2.86B3.07B3.08B3.37B
Gross Margin
48.27%47.96%47.37%47.79%45.85%45.97%
Operating Income
609.00M760.00M789.00M1.04B1.01B1.22B
Net Income
304.00M551.00M430.00M435.00M365.00M756.88M
EPS
----1.221.78
EPS Growth
-----2.82%45.74%
Forward PE
43.8724.1423.8622.2923.2517.65
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
----539.00M909.76M
No. Analysts
-----16
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
9.4%
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%