Warner Music Group Corp. (WMG) Stock Forecast
Data as of May 2, 2026Communication Services · Current price $28.12 (-0.53%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Jan 27, 2026 | Clay Griffin | MoffettNathanson | $38.00 | +35.1% |
| Dec 15, 2025 | Peter Supino | Wolfe Research | $36.00 | +28.0% |
| Dec 11, 2025 | James Heaney | Jefferies | $35.00 | +24.5% |
| Aug 8, 2025 | Omar Mejias | Wells Fargo | $34.00 | +20.9% |
| Mar 28, 2025 | Matthew Thornton | FBN Securities | $35.00 | +24.5% |
| Nov 21, 2024 | Kannan Venkateshwar | Barclays | $31.00 | +10.2% |
| Oct 11, 2024 | Tim Nollen | Macquarie | $30.00 | +6.7% |
| Sep 12, 2024 | Ivan Feinseth | Tigress Financial | $44.00 | +56.5% |
| Aug 14, 2024 | Jason Bazinet | Citigroup | $31.00 | +10.2% |
| Jul 31, 2024 | Tim Nollen | Macquarie | $32.00 | +13.8% |
| Jul 11, 2024 | Devin Brisco | Wolfe Research | $37.00 | +31.6% |
| Jun 5, 2024 | Ken Leon | CFRA | $32.00 | +13.8% |
| May 6, 2024 | Benjamin Swinburne | Morgan Stanley | $43.00 | +52.9% |
| Apr 18, 2024 | Alan Gould | Loop Capital Markets | $38.00 | +35.1% |
| Apr 5, 2024 | Michael Morris | Guggenheim | $45.00 | +60.0% |
| Mar 21, 2024 | Ken Leon | CFRA | $30.00 | +6.7% |
| Sep 21, 2023 | Matthew Thornton | Truist Financial | $37.00 | +31.6% |
| Sep 21, 2023 | Sebastiano Petti | J.P. Morgan | $40.00 | +42.2% |
| Nov 25, 2022 | Benjamin Swinburne | Morgan Stanley | $38.00 | +35.1% |
| Oct 10, 2022 | Stephen Laszczyk | Goldman Sachs | $32.00 | +13.8% |
Top Analysts Covering WMG
WMG vs Sector & Market
| Metric | WMG | Communication Services Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.14 | 2.49 | 2.41 |
| Analyst Count | 7 | 10 | 18 |
| Target Upside | +26.2% | +120.7% | +14.9% |
| P/E Ratio | 47.78 | 4.20 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $7.07B | $7.13B | $7.27B | 12 |
| 2026-12-31 | $1.90B | $1.95B | $1.98B | 4 |
| 2027-03-31 | $1.68B | $1.73B | $1.76B | 4 |
| 2027-06-30 | $1.86B | $1.90B | $1.94B | 3 |
| 2027-09-30 | $1.95B | $2.00B | $2.04B | 3 |
| 2027-12-31 | $2.02B | $2.07B | $2.11B | 3 |
| 2028-03-31 | $1.84B | $1.89B | $1.92B | 2 |
| 2028-06-30 | $2.01B | $2.06B | $2.10B | 5 |
| 2028-09-30 | $2.09B | $2.15B | $2.18B | 4 |
| 2029-09-30 | $8.40B | $8.52B | $8.71B | 10 |
| 2030-09-30 | $9.06B | $9.19B | $9.39B | 6 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $1.26 | $1.32 | $1.43 | 8 |
| 2026-12-31 | $0.47 | $0.48 | $0.49 | 1 |
| 2027-03-31 | $0.34 | $0.35 | $0.36 | 1 |
| 2027-06-30 | $0.42 | $0.44 | $0.45 | 1 |
| 2027-09-30 | $0.43 | $0.44 | $0.45 | 1 |
| 2027-12-31 | $0.53 | $0.55 | $0.56 | 1 |
| 2028-03-31 | $0.37 | $0.38 | $0.39 | 1 |
| 2028-06-30 | $0.47 | $0.49 | $0.50 | 1 |
| 2028-09-30 | $0.50 | $0.51 | $0.52 | 1 |
| 2029-09-30 | $1.97 | $2.01 | $2.07 | 4 |
| 2030-09-30 | $2.46 | $2.51 | $2.58 | 4 |
Frequently Asked Questions
What is the analyst consensus for WMG?
The consensus among 7 analysts covering Warner Music Group Corp. (WMG) is Buy with an average price target of $36.50.
What is the highest price target for WMG?
The highest price target for WMG is $50.00, set by Andrew Uerkwitz at Jefferies on 2022-01-04.
What is the lowest price target for WMG?
The lowest price target for WMG is $30.00, set by Ken Leon at CFRA on 2024-03-21.
How many analysts cover WMG?
7 analysts have issued ratings for Warner Music Group Corp. in the past 12 months.
Is WMG a buy or sell right now?
Based on 7 analyst ratings, WMG has a consensus rating of Buy (2.14/5) with a +26.2% upside to the consensus target of $36.50.
What are the earnings estimates for WMG?
Analysts estimate WMG will report EPS of $1.32 for the period ending 2026-09-30, with revenue estimated at $7.13B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.