Warner Bros
WBD
Market cap $24.8B

10.03 USD

-0.13

1.28%

At close Jun 13, 4:00 PM EDT

After hours

10.06

+0.03

0.30%

1 day

-1.28%

5 days

-5.56%

1 month

9.26%

3 months

1.42%

6 months

-16.90%

Year to date

-5.91%

1 year

37.59%

5 years

-60.67%

10 years

-60.67%

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 7,296 funds

0

Analysts bullish %

of 7 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]

1.59% more ownership

Funds ownership: 65.02% [Q4 2024] → 66.61% (+1.59%) [Q1 2025]

4% more capital invested

Capital invested by funds: $16.9B [Q4 2024] → $17.5B (+$628M) [Q1 2025]

1% more repeat investments, than reductions

Existing positions increased: 403 | Existing positions reduced: 400

4% less first-time investments, than exits

New positions opened: 109 | 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] → 1,139 (-36) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$9

10%

downside

Avg. target

$12.14

21%

upside

High target

$16

60%

upside

7 analyst ratings

4 positive

57%

3 neutral

43%

0 negative

0%

Barrington Research James Goss	60%upside $16	Outperform Maintained	9 Jun 2025
Citigroup Jason Bazinet	40%upside $14	Buy Maintained	29 May 2025
Wells Fargo Steven Cahall	0%downside $10	Equal-Weight Maintained	9 May 2025
Barclays Kannan Venkateshwar	10%downside $9	Equal-Weight Maintained	9 May 2025
Morgan Stanley Benjamin Swinburne	0%downside $10	Equal-Weight Maintained	6 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 72 articles about WBD published over the past 30 days

The Score: J.M. Smucker, Warner Bros.

Here are some of the major companies whose stocks moved on the week's news

The Score: J.M. Smucker, Warner Bros.

Zacks Investment Research

Warner Bros. Discovery (WBD) Stock Dips While Market Gains: Key Facts

In the latest trading session, Warner Bros. Discovery (WBD) closed at $10.17, marking a -3.28% move from the previous day.

Warner Bros. Discovery (WBD) Stock Dips While Market Gains: Key Facts

Warner Bros. Bondholders to Face Limits on Cooperation Pacts in Company's Split

The entertainment company is expected to become one of the first borrowers to restrict creditors from forming cooperation groups.

Warner Bros. Bondholders to Face Limits on Cooperation Pacts in Company's Split

Warner Bros. Discovery Split: Repeating The Error Of The AT&T Deal Is No Solution

Splitting Warner Bros. Discovery has its positives, but is also a ride on a dead-end street. We've already learned that post the AT&T mess. With the majority of WBD debt being dumped onto the Global Network piece, the risk factor for holders goes up. Best case post-spin off: Streaming gains continue strong and Superman outperforms studio projections. Mr. Market will respond.

Warner Bros. Discovery Split: Repeating The Error Of The AT&T Deal Is No Solution

Streaming Wars Intensify: WBD Split, NFLX Outperformance & ROKU Growth

Alicia Reese with Wedbush talks all about the streaming wars on Wall Street. She first turns to Warner Bros.

Streaming Wars Intensify: WBD Split, NFLX Outperformance & ROKU Growth

The Motley Fool

A Hollywood Giant Gives Up on Comeback Dreams

When Warner Bros. Discovery (WBD 5.04%) was formed, the idea was that the collection of assets would be more valuable than they were individually.

A Hollywood Giant Gives Up on Comeback Dreams

Warner Bros. bonds fall after downgrades to junk.

Warner Bros. Discovery Inc.'s plan to spin off television channels like CNN, TNT and Food Network from its studio and streaming businesses is causing angst in the bond market, with a big selloff following ratings downgrades of the company's debt to junk status.

Warner Bros. bonds fall after downgrades to junk.

Warner Bros' credit rating downgraded to junk by Fitch on split-up

Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the company's announced split-up earlier this week, as investors weigh the deal's likely impact on holders of its debt.

Warner Bros' credit rating downgraded to junk by Fitch on split-up

Zacks Investment Research

Warner Bros. Discovery Splits: A New Netflix Rival?

The streaming space has become incredibly competitive over recent years as companies attempt to capture viewers' attention, with many streaming offerings emerging. We've got beloved Netflix NFLX, Disney with Disney+/Hulu, and Amazon AMZN with Prime Video, just for a few examples.

Warner Bros. Discovery Splits: A New Netflix Rival?

Will Warner Bros. Discovery's Split Produce Double the Upside?

Recent volatility in Warner Bros. Discovery NASDAQ: WBD stock is tied directly to a landmark strategic pivot.

Will Warner Bros. Discovery's Split Produce Double the Upside?

See News Rankings

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