WBDCommunication Services · Entertainment

WBD Stock Forecast: Warner Bros. Discovery, Inc. Price Predictions for 2026-2027

Last close, 11 Aug 2026
$27
+0.74% on the day

The 19 Wall Street analysts covering Warner Bros. Discovery, Inc. hold a median 12-month price target of $31 — +14.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 37 of 100 as at 10 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$67.1B
Ticker Nerd rank
37 / 100
Median analyst target
$31
Analysts covering
19
Total return, dividends reinvested
1W
+5.0%
1M
+1.8%
YTD
−6.1%
1Y
+151.1%
From 52W high
−9.7%
From 52W low
+151.1%
$11
$30
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

WBD stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Warner Bros. Discovery, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 10 Aug 2026
37 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
86
Accruals
84
Issuance
78
Quality
44
Volatility
40
Revisions
39
Growth
29
Value
20
Size
4

Momentum (86): The shares have been drifting up relative to others.

Value (20): The shares cost a lot relative to the profits and assets behind them.

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Wall Street

WBD stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on WBD, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$15$20$25$30Oct 25Jan 26Apr 26Jul 26WBDHigh $31Median $31Low $26

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says19 analysts
2 Buy16 Hold1 Sell
Low $26Median $31High $31

The green dot is the last close — the median target sits +14.5% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
27 July 2026Seaport GlobalDowngradeNeutral
29 June 2026Seaport GlobalUpgradeBuy$31
29 June 2026Seaport GlobalUpgradeBuy
7 May 2026GuggenheimReiteratesNeutral
7 May 2026UBSMaintainsNeutral
10 Mar 2026Freedom BrokerMaintainsHold
9 Mar 2026Wells FargoReinstatesEqual-Weight$31
27 Feb 2026BenchmarkDowngradeHold
27 Feb 2026Raymond JamesDowngradeUnderperform
27 Feb 2026TD CowenMaintainsHold
25 Feb 2026BernsteinMaintainsMarket Perform
28 Jan 2026UBSMaintainsNeutral
15 Jan 2026BenchmarkMaintainsBuy
14 Jan 2026GuggenheimMaintainsNeutral
10 Dec 2025Freedom BrokerMaintainsHold
9 Dec 2025Seaport GlobalDowngradeNeutral
8 Dec 2025BenchmarkMaintainsBuy
5 Dec 2025Barrington ResearchDowngradeMarket Perform
14 Nov 2025Barrington ResearchMaintainsOutperform
7 Nov 2025Wells FargoMaintainsEqual-Weight

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. WBD appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

WBD analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
1
Analysts cutting
3
Fundamentals

Warner Bros. Discovery, Inc. (WBD) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
93.9×

Cheaper than 8% of US stocks

Price / sales
1.9×

Cheaper than 55% of US stocks

Price / book
2.1×

Cheaper than 46% of US stocks

EV / EBITDA
12.4×

Cheaper than 31% of US stocks

Growth & margins
Revenue growth (YoY)
−11.2%

Higher than 15% of US stocks

Earnings growth (YoY)
−90.6%

Higher than 3% of US stocks

Gross margin
47.0%

Higher than 59% of US stocks

Operating margin
5.1%

Higher than 56% of US stocks

Net margin
−8.8%

Higher than 21% of US stocks

Returns & dividend
Return on equity
−8.8%

Higher than 37% of US stocks

Return on assets
1.7%

Higher than 56% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

WBD vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelEntertainment
CompanyMarket capTKN rank
WBDWarner Bros. Discovery, Inc.$67.1B
37
LYVLive Nation Entertainment, Inc.$42.9B
44
TKOTKO Group Holdings, Inc.$36.8B
50
FWONKLiberty Media Corp.$25.4B
35
FOXAFox Corp.$25.2B
83
DISThe Walt Disney Co.$182.8B
46
ROKURoku, Inc.$22.4B
90

The rank is the raw material. Whether the rules would actually own Warner Bros. Discovery, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest WBD news & analysis

David Ellison Told Top Execs Paramount Will Exit California If AG Refuses To Negotiate Settlement In WBD Merger Suit

Deadline · 11 Aug 2026negative

Paramount CEO David Ellison told top executives he will begin exiting California on Oct. 1 unless Attorney General Rob Bonta agrees to negotiate a settlement in the antitrust suit challenging the merger with Warner Bros. Discovery.

Why it matters — A potential Paramount departure from California could complicate or escalate the legal challenges surrounding the planned WBD merger.

WBD Q2 Earnings Beat Estimates, Revenues Miss on Studios Weakness

Zacks Investment Research · 10 Aug 2026neutral

Warner Bros. Discovery reported Q2 earnings that beat estimates, while revenues missed expectations due to weakness in Studios and Global Linear Networks. The beat was supported by streaming growth and margin gains that offset the steep declines in those segments.

Why it matters — The mixed results highlight ongoing strength in streaming offsetting continued pressure on WBD's Studios and linear network businesses, which are key drivers of overall performance.

PSKY-WBD Merger ‘Could Be Dragged Out a Year'

Schwab Network · 9 Aug 2026negative

The proposed merger between Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) has cleared federal scrutiny but may face potential delays, with the process possibly being dragged out for up to a year due to challenges from state regulators.

Why it matters — A prolonged regulatory process for the PSKY-WBD merger could significantly delay the timeline for Warner Bros. Discovery's strategic combination.

David Ellison's ‘confessional' in the NYT has Paramount-Skydance WBD merger up in the air

New York Post · 9 Aug 2026negative

David Ellison's proposed merger of Paramount-Skydance with Warner Bros. Discovery is now being challenged on antitrust grounds, according to a New York Post report citing Ellison's comments in the New York Times.

Why it matters — A potential antitrust challenge to the PSKY-WBD merger introduces regulatory uncertainty around a combination that directly involves Warner Bros. Discovery.

Warner Bros. Discovery Q2 Earnings Call Highlights

MarketBeat · 7 Aug 2026positive

Warner Bros. Discovery reported that its streaming segment surpassed $3 billion in quarterly revenue for the first time in the second quarter of 2026, with HBO Max benefiting from subscriber growth, engagement and advertising monetization.

Why it matters — The revenue milestone highlights the growing financial contribution of WBD's streaming business, an area closely watched by investors.

FAQ

Frequently asked questions about WBD stock

What is the WBD stock price forecast for 2026-2027?

The 19 Wall Street analysts covering Warner Bros. Discovery, Inc. have a median 12-month price target of $31, with estimates ranging from $26 to $31. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is WBD stock a buy right now?

Of the 19 analysts covering Warner Bros. Discovery, Inc., 2 rate it a Buy, 16 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Warner Bros. Discovery, Inc. 37 out of 100 across roughly 4,600 US stocks as at 10 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WBD?

As at 10 Aug 2026, Warner Bros. Discovery, Inc. ranks 37 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (86 of 100).

Will WBD stock go up?

No one can know that. What the data says: the median 12-month target from 19 analysts implies +14.5% from the last close, and Ticker Nerd's factor model ranks Warner Bros. Discovery, Inc. 37 out of 100 as at 10 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the WBD stock forecast for 2030?

No analyst covering Warner Bros. Discovery, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for WBD are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $26 to $31 over the next 12 months.

How has WBD stock performed over the past year?

Warner Bros. Discovery, Inc. returned +151.1% over the 12 months to 11 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Warner Bros. Discovery, Inc. do?

Warner Bros. Discovery, Inc.

What is the latest news on WBD?

The most recent item we track (Deadline, 11 Aug 2026): "David Ellison Told Top Execs Paramount Will Exit California If AG Refuses To Negotiate Settlement In WBD Merger Suit". Paramount CEO David Ellison told top executives he will begin exiting California on Oct. 1 unless Attorney General Rob Bonta agrees to negotiate a settlement in the antitrust suit challenging the merger with Warner Bros. Discovery.

Company

About Warner Bros. Discovery, Inc.

Warner Bros. Discovery, Inc. is a global media and entertainment company that develops, produces, and distributes content across television, film, streaming, and gaming. The company operates through three core business segments: Streaming, Studios, and Linear Networks, combining premium scripted entertainment, unscripted programming, live news, sports, and documentary content. Its portfolio includes well-known brands and services such as HBO, Max, CNN, Discovery Channel, DC, Warner Bros. Pictures, HGTV, Food Network, TNT, TBS, and Cartoon Network. Warner Bros. Discovery serves audiences and advertisers worldwide through direct-to-consumer platforms, cable and broadcast networks, theatrical releases, content licensing, and production operations. Headquartered in New York City, the company plays a central role in the modern entertainment market by linking large-scale content creation with broad distribution across traditional and digital media channels.

CEO Mr. David M. Zaslav · 35,500 employees · United States · https://www.wbd.com