WMGWMGCommunication Services · Entertainment

WMG Stock Forecast: Warner Music Group Corp. Price Predictions for 2026-2027

Last close, 4 Nov 2026
$33
+4.56% on the day

The 17 Wall Street analysts covering Warner Music Group Corp. hold a median 12-month price target of $39 — +19.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 61 of 100 as at 3 Nov 2026 — in the upper half.

Market cap
$16.3B
Ticker Nerd rank
61/ 100
Median analyst target
$39
Analysts covering
17
Revenue$1.9B+10.4% y/y
Operating income$312.0M
Net income$200.0M
Free cash flow$66.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+10.0%
1M
+21.4%
YTD
+8.2%
1Y
+10.0%
From 52W high
−5.1%
From 52W low
+39.5%
$23
$34
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

WMG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Warner Music Group Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Nov 2026
61/ 100

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

Growth
94
Volatility
88
Revisions
77
Quality
61
Accruals
51
Momentum
48
Issuance
41
Value
39
Size
11

Growth (94): Sales and profits are climbing, and climbing faster than before.

Value (39): The shares cost a lot relative to the profits and assets behind them.

Size (11): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

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

The bullish and bearish analyst opinions on WMG, 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
$20$25$30$35$40$45Jan 26Apr 26Jul 26Oct 26WMGHigh $46Median $39Low $30

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

Data provided by Twelve Data

What Wall Street says17 analysts
14 Buy3 Hold0 Sell
Low $30Median $39High $46

The green dot is the last close — the median target sits +19.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 5 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
15 Oct 2026StoneXInitiatesBuy$41
1 Oct 2026UBSMaintainsBuy$42 → $43
1 Oct 2026UBSMaintainsBuy—
29 Sept 2026GuggenheimReiteratesBuy$36
29 Sept 2026GuggenheimReiteratesBuy—
8 May 2026Evercore ISI GroupMaintainsOutperform$37 → $43
8 May 2026Evercore ISI GroupMaintainsOutperform—
8 May 2026GuggenheimMaintainsBuy—
8 May 2026GuggenheimMaintainsBuy$34 → $36
8 May 2026JP MorganMaintainsOverweight$40 → $43
8 May 2026JP MorganMaintainsOverweight—
8 May 2026UBSMaintainsBuy$40 → $42
8 May 2026UBSMaintainsBuy—
21 Apr 2026Morgan StanleyMaintainsOverweight—
31 Mar 2026GuggenheimMaintainsBuy—
13 Feb 2026ScotiabankUpgradeSector Outperform—
21 Jan 2026CitigroupMaintainsBuy—
18 Dec 2025Morgan StanleyUpgradeOverweight—
11 Dec 2025JefferiesMaintainsBuy—
21 Nov 2025B of A SecuritiesMaintainsNeutral—

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.

WMG appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

The AI build-out map
PDF
  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

Performance

WMG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, Warner Music Group Corp. returned +10.0% against +12.9% for the S&P 500, dividends included.

WMG vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Jan 26Apr 26Jul 26Oct 26WMGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

WMG 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 movingThis fiscal year
EPS revision, 90 days
−3.2%
Analysts raising
4
Analysts cutting
0
Fundamentals

Warner Music Group Corp. (WMG) 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
24.9×

Cheaper than 30% of US stocks

Price / sales
2.2×

Cheaper than 48% of US stocks

Price / book
19.1×

Cheaper than 5% of US stocks

EV / EBITDA
12.4×

Cheaper than 30% of US stocks

Growth & margins
Revenue growth (YoY)
10.4%

Higher than 54% of US stocks

Earnings growth (YoY)
10.4%

Higher than 49% of US stocks

Gross margin
45.8%

Higher than 57% of US stocks

Operating margin
16.7%

Higher than 75% of US stocks

Net margin
9.2%

Higher than 68% of US stocks

Returns & dividend
Return on equity
70.1%

Higher than 95% of US stocks

Return on assets
7.7%

Higher than 87% of US stocks

Dividend yield
2.6%

Higher than 83% of US dividend payers

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

Key statistics

Warner Music Group Corp. (WMG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Warner Music Group Corp. has a market value of $16.3B and an enterprise value of $20.7B.

  • Revenue in the twelve months to 30 June 2026: $7.3B. The latest quarter grew 10.4% year on year.

  • Net income over the same four quarters: $665.0M, a 9.1% net margin.

  • Diluted earnings per share, trailing twelve months: $1.26.

  • Free cash flow in the twelve months to 30 June 2026: $288.0M, after $103.0M of capital spending.

  • Warner Music Group Corp. spent $61.0M on share buybacks and $400.0M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 523.1M.

  • Trailing P/E: 24.9×; forward P/E: 15.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.57%, paying out 61% of earnings.

  • Warner Music Group Corp. employs 5,500 people — $1.3M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Nov 2026

Data provided by Twelve Data

Peers

WMG 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
WMGWarner Music Group Corp.$16.3B61
NWSANews Corp.$16.7B83
ROKURoku, Inc.$23.7B89
FWONKLiberty Media Corp.$23.8B26
SIRISiriusXM Holdings, Inc.$10.4B67
FOXAFox Corp.$26.6B84
LLYVKLiberty Live Holdings, Inc.$9.6B5

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Warner Music Group Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest WMG news & analysis

Warner Music Group: Pricing Power Is Proven, Catalog Returns Are Not

Seeking Alpha · 3 Nov 2026positive

The Seeking Alpha item says Warner Music Group benefits from higher streaming subscription rates, favorable industry conditions and restructuring savings, supporting revenue and potential margin expansion. It also highlights uncertainty around catalog returns and debt levels, while noting that shares trade below historical forward multiples.

Why it matters — WMG watchers may weigh the cited growth and margin drivers against questions about catalog returns, debt and free cash flow after acquisitions.

Warner Music Group (WMG) Moves 6.2% Higher: Will This Strength Last?

Zacks Investment Research · 16 Oct 2026neutral

Warner Music Group shares rose 6.2% in the latest session on higher-than-average trading volume. The item notes that recent earnings estimate revisions may not support further near-term gains.

Why it matters — WMG watchers may consider both the session's share-price move and the caution about earnings estimate revisions when following the stock.

Suno releases new AI music models in partnership with Warner Music, BMG

Reuters · 9 Sept 2026positive

AI music startup Suno launched a suite of AI models in partnership with Warner Music Group and BMG that allow users to generate new music inspired by licensed music from participating artists' catalogs.

Why it matters — The partnership gives WMG a commercial AI music offering that leverages its licensed catalog, positioning the label within the emerging AI-generated music space.

FAQ

Frequently asked questions about WMG stock

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

The 17 Wall Street analysts covering Warner Music Group Corp. have a median 12-month price target of $39, with estimates ranging from $30 to $46. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is WMG stock a buy right now?

Of the 17 analysts covering Warner Music Group Corp., 14 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Warner Music Group Corp. 61 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank WMG?

As at 3 Nov 2026, Warner Music Group Corp. ranks 61 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 Growth (94 of 100).

Will WMG stock go up?

No one can know that. What the data says: the median 12-month target from 17 analysts implies +19.8% from the last close, and Ticker Nerd's factor model ranks Warner Music Group Corp. 61 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the WMG stock forecast for 2030?

No analyst covering Warner Music Group Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for WMG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $30 to $46 over the next 12 months.

How has WMG stock performed over the past year?

Warner Music Group Corp. returned +10.0% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Warner Music Group Corp. do?

Warner Music Group Corp. is a global music entertainment company that creates, markets, and distributes recorded music and music publishing services worldwide.

What is the latest news on WMG?

The most recent item we track (Seeking Alpha, 3 Nov 2026): "Warner Music Group: Pricing Power Is Proven, Catalog Returns Are Not". The Seeking Alpha item says Warner Music Group benefits from higher streaming subscription rates, favorable industry conditions and restructuring savings, supporting revenue and potential margin expansion. It also highlights uncertainty around catalog returns and debt levels, while noting that shares trade below historical forward multiples.

Company

About Warner Music Group Corp.

Warner Music Group Corp. is a global music entertainment company that creates, markets, and distributes recorded music and music publishing services worldwide. The company operates through two main segments: Recorded Music, which supports artist development, label marketing, distribution, and licensing, and Music Publishing, which manages copyrights and earns revenue from the use of musical compositions. Warner Music Group’s portfolio includes well-known labels such as Atlantic Records, Warner Records, Elektra Records, and Parlophone Records, along with Warner Chappell Music, one of the industry’s major publishing businesses. The company also supports independent music distribution and artist services through brands like ADA and WMX. Based in New York, Warner Music Group plays a central role in connecting artists, songwriters, and audiences across streaming, physical, and digital music channels.

CEO Mr. Robert Kyncl · 5,500 employees · United States · https://www.wmg.com