Warner Bros
WBD
Market cap $29B

11.73 USD

+0.08

0.69%

At close Jul 11, 4:00 PM EDT

After hours

11.72

-0.01

0.09%

1 day

0.69%

5 days

5.30%

1 month

11.61%

3 months

47.18%

6 months

19.21%

Year to date

10.04%

1 year

58.94%

5 years

-54.00%

10 years

-54.00%

About: Warner Bros. Discovery was formed in 2022 through the combination of WarnerMedia and Discovery Communications. It operates in three global business segments: studios, networks, and direct-to-consumer. Warner Bros. Pictures is the crown jewel of the studios business, producing, distributing, and licensing movies and television shows. The networks business consists of basic cable networks, such as CNN, TNT, TBS, Discovery, HGTV, and the Food Network. Direct-to-consumer includes HBO and the firm's streaming platforms, which have now been consolidated to Max and Discovery+. Much of the DTC content is created within the firm's other two business segments. Each segment operates with a global reach, with Max available in over 70 countries.

Employees: 35,000

Communication Services Entertainment

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

35% more funds holding in top 10

Funds holding in top 10: 20 [Q4 2024] → 27 (+7) [Q1 2025]

1.63% more ownership

Funds ownership: 65.02% [Q4 2024] → 66.64% (+1.63%) [Q1 2025]

4% more capital invested

Capital invested by funds: $16.9B [Q4 2024] → $17.5B (+$637M) [Q1 2025]

0% more repeat investments, than reductions

Existing positions increased: 403 | Existing positions reduced: 401

2% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 113

7% less call options, than puts

Call options by funds: $444M | Put options by funds: $480M

3% less funds holding

Funds holding: 1,175 [Q4 2024] → 1,142 (-33) [Q1 2025]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$10

15%

downside

Avg. target

$12.88

10%

upside

High target

$16

36%

upside

8 analyst ratings

4 positive

50%

4 neutral

50%

0 negative

0%

Barclays Kannan Venkateshwar	11%upside $13	Equal-Weight Maintained	9 Jul 2025
UBS John Hodulik	15%downside $10	Neutral Maintained	8 Jul 2025
Wells Fargo Steven Cahall	6%downside $11	Equal-Weight Maintained	2 Jul 2025
B of A Securities Jessica Reif Cohen	36%upside $16	Buy Maintained	1 Jul 2025
Barrington Research James Goss	36%upside $16	Outperform Maintained	9 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 30 articles about WBD published over the past 30 days

CNBC Television

Morgan Stanley's Ben Swinburne: Here's how AI could change how we consume entertainment

Ben Swinburne, Morgan Stanley head of U.S. media research, joins CNBC's 'Squawk on the Street' to discuss which media companies are poised to benefit most from AI, how the technology will change how consumers interact with entertainment, and more.

Morgan Stanley's Ben Swinburne: Here's how AI could change how we consume entertainment

CNBC Television

Warner Bros. 'won' with the Superman movie, says Puck's Matt Belloni

Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the Superman movie, what's interesting about this version of Superman and much more.

Warner Bros. 'won' with the Superman movie, says Puck's Matt Belloni

Superman An Immigrant? Superhero Actor Says Warner Bros. Film Is Woke, Issues Box Office Warning

Warner Bros. Discovery WBD has high hopes for its "Superman" reboot film, set for theaters this weekend.

Superman An Immigrant? Superhero Actor Says Warner Bros. Film Is Woke, Issues Box Office Warning

HBO Max Name Returns After Rebranding To HBO Max

Launched in May 2020, HBO Max did what any logical marketer would do. It had HBO in the title to accentuate the HBO brand, which for the new streaming service included content from HBO, Warner Bros., and other WarnerMedia properties. Wouldn't you want to be affiliated with the HBO?

HBO Max Name Returns After Rebranding To HBO Max

NFLX "Winning" Streaming Company, WBD Seeks to Steal Audience

Ken Leon believes Netflix (NFLX) will continue its rally as a streaming champion. He talks about the company's ability to expand content and keep itself out of tariff exposure as bullish signals.

NFLX "Winning" Streaming Company, WBD Seeks to Steal Audience

Bullish On Warner Bros. Discovery: Of Content, Catalysts, And The CEO

Warner Bros. Discovery is a buy due to its upcoming split, improved movie performance, streaming potential, and a somewhat clearer path to debt reduction. The planned split will separate streaming/content from linear assets, hopefully unlocking value and allowing management to focus on growth areas like HBO Max and film franchises. Valuation seems attractive, with the stock trading cheaply on some metrics, but a firm technical breakout above $13 is needed for confirmation.

Bullish On Warner Bros. Discovery: Of Content, Catalysts, And The CEO

Zacks Investment Research

Here's Why Warner Bros. Discovery (WBD) Fell More Than Broader Market

The latest trading day saw Warner Bros. Discovery (WBD) settling at $11.02, representing a -1.78% change from its previous close.

Here's Why Warner Bros. Discovery (WBD) Fell More Than Broader Market

Warner Bros. Games Launches DC Worlds Collide

SAN FRANCISCO--(BUSINESS WIRE)--Warner Bros. Games today announced the global launch of DC Worlds Collide, a free-to-play squad-based role-playing game set in the DC universe.

Warner Bros. Games Launches DC Worlds Collide

Zacks Investment Research

Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know

Zacks.com users have recently been watching Warner Bros. Discovery (WBD) quite a bit.

Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know

Warner Bros. Analyst Sees Rebound Ahead: Box Office Gains, DC Relaunch, Spin-Off Plan Could Unlock Hidden Value

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Warner Bros. Discovery WBD with a price target of $16, up from $14 on Tuesday.

Warner Bros. Analyst Sees Rebound Ahead: Box Office Gains, DC Relaunch, Spin-Off Plan Could Unlock Hidden Value

See News Rankings

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