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WBD

Warner Bros. Discovery, Inc.

WBD

NASDAQ·Communication Services·Entertainment·Mkt cap $70.8B

$28.25

-0.42%

P/E

-22.24

Mkt Cap

$70.8B

52-Wk Range

$11.77–$30.00

52-Week Range

$11.77 - $30.00

P/E

-22.24

Fwd P/E

-24.57

Beta

1.56

Div Yield

0.00%

Avg Vol

20.7M

Shares Out

2.5B

Mkt Cap

$70.8B

Price action

Price chart

Up 133.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Extensive Premium Content Library
  • Diverse Multi-Platform Distribution
  • Strong Brand Portfolio
  • Global Content Production Capabilities

Bear Case

1 risk

  • Above-average volatility (beta 1.6).

Growth

Stable outlook

Streaming Service Expansion

Value

Deep value opportunity - significant discount to Video Streaming peers

Momentum

Strong

+7.7% over 3m

Quality

Strong

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.06 vs -$0.14 consensus (+142.7% surprise). Revenue of $8.7B vs $9.3B expected (-5.8%).

EPS beat +142.7%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+142.7%

Revenue trend · last 8Q

-2%

-10%

+1%

-6%

-6%

-1%

-11%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$9.6B

$10.0B

$9.0B

$9.8B

$9.0B

$9.5B

$8.9B

$8.7B

Margins · last 8Q

Gross

47.0%

Operating

2.7%

Profit

1.7%

Wall Street consensus

8 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

25%

Hold

5

63%

Sell

1

13%

Median Price Target

$31.00

+9.7% vs $28.25

Low $31.00
Median $31.00
High $31.00

Latest: Wells Fargo · Aug 14, 2026

1 analyst covering

vs Industry

How WBD stacks vs Entertainment

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.