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Warner Bros. Discovery, Inc. (WBD) Stock Forecast

Data as of Sep 16, 2026

Communication Services · Current price $28.05 (-0.16%)

Consensus Target
$31.00
Upside
+10.5%
Analysts
4
Rating
Hold(2.75)

Price Target Range

Low $31.00High $31.00

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy1
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 6, 2026Robert FishmanMoffettNathanson$31.00+10.5%
Sep 25, 2025Benjamin SwinburneMorgan Stanley$15.00-46.5%
Sep 22, 2025Laurent YoonBernstein$16.00-43.0%
Apr 14, 2025Brandon NispelKeyBanc$13.00-53.7%
Aug 8, 2024Bryan KraftDeutsche Bank$7.67-72.7%
Jul 29, 2024Benjamin SwinburneMorgan Stanley$9.00-67.9%
Jul 25, 2024Tim NollenMacquarie$9.00-67.9%
Jun 25, 2024Michael NgGoldman Sachs$8.50-69.7%
May 13, 2024David JoyceSeaport Global$8.18-70.8%
May 10, 2024Jessica Reif EhrlichFox Advisors$14.00-50.1%
May 10, 2024Brandon NispelKeyBanc$11.00-60.8%
May 9, 2024Ric PrentissRaymond James$13.00-53.7%
Apr 2, 2024Kenneth LeonCFRA$9.00-67.9%
Mar 20, 2024Kenneth LeonCFRA$10.00-64.4%
Feb 29, 2024Michael PachterWedbush$5.00-82.2%
Feb 1, 2024Kenneth LeonKenneth LeonCFRA$14.00-50.1%
Sep 6, 2023Barton CrockettRosenblatt Securities$10.00-64.4%
Sep 6, 2023Tim NollenMacquarie$20.00-28.7%
Aug 4, 2023Douglas MitchelsonCredit Suisse$16.35-41.7%
May 16, 2023James GossBarrington$18.00-35.8%

WBD vs Sector & Market

MetricWBDCommunication Services AvgLarge Cap Avg
Analyst Rating2.752.502.42
Analyst Count4818
Target Upside+10.5%+234.9%+19.5%
P/E Ratio94.264.7238.67

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$36.48B$37.42B$38.11B16
2027-12-31$37.18B$37.94B$39.13B16
2028-12-31$38.29B$38.44B$38.59B13
2029-03-31$8.73B$9.40B$10.38B6
2029-06-30$9.71B$10.46B$11.55B8
2029-09-30$9.36B$10.08B$11.13B5
2029-12-31$9.30B$10.02B$11.06B5
2030-03-31$8.89B$9.57B$10.57B7
2030-06-30$9.90B$10.66B$11.78B9
2030-09-30$9.59B$10.32B$11.40B5
2030-12-31$9.50B$10.23B$11.30B5

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$-2.44$-0.10$0.7712
2027-12-31$-0.06$-0.01$0.0311
2028-12-31$0.01$0.02$0.035
2029-03-31$-0.11$-0.10$-0.094
2029-06-30$-0.42$-0.37$-0.344
2029-09-30$-0.31$-0.28$-0.254
2029-12-31$0.25$0.27$0.314
2030-03-31$-0.17$-0.15$-0.144
2030-06-30$0.00$0.00$0.004
2030-09-30$0.00$0.00$0.004
2030-12-31$0.00$0.00$0.004

Frequently Asked Questions

What is the analyst consensus for WBD?

The consensus among 4 analysts covering Warner Bros. Discovery, Inc. (WBD) is Hold with an average price target of $31.00.

What is the highest price target for WBD?

The highest price target for WBD is $40.00, set by Vijay Jayant at Evercore ISI on 2022-04-13.

What is the lowest price target for WBD?

The lowest price target for WBD is $5.00, set by Michael Pachter at Wedbush on 2024-02-29.

How many analysts cover WBD?

4 analysts have issued ratings for Warner Bros. Discovery, Inc. in the past 12 months.

Is WBD a buy or sell right now?

Based on 4 analyst ratings, WBD has a consensus rating of Hold (2.75/5) with a +10.5% upside to the consensus target of $31.00.

What are the earnings estimates for WBD?

Analysts estimate WBD will report EPS of $-0.10 for the period ending 2026-12-31, with revenue estimated at $37.42B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.