Warner Bros. Discovery (WBD) Stock Forecast & Price Target

$8.07
+0.02 (+0.25%)
(As of 01:34 PM ET)

Warner Bros. Discovery - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 20 Analyst Ratings

Consensus Price Target

$13.32
65.00% Upside
High Forecast$20.00
Average Forecast$13.32
Low Forecast$7.00
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
12 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$13.32$14.24$15.75$20.83
Forecasted Upside65.00% Upside45.53% Upside45.06% Upside55.80% Upside
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WBD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WBD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Warner Bros. Discovery Stock vs. The Competition

TypeWarner Bros. DiscoveryConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.50
2.55
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside64.60% Upside80.43% Upside7.83% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/10/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$11.00 ➝ $10.00+20.77%
5/10/2024Needham & Company LLC
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 Reiterated RatingHold
5/10/2024KeyCorp
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B. Nispel
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UpgradeSector Weight ➝ Overweight$11.00+36.82%
5/9/2024Barrington Research
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 Reiterated RatingOutperform ➝ Outperform$18.00 ➝ $18.00+123.88%
4/23/2024Wolfe Research
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 DowngradePeer Perform ➝ Underperform$7.00-17.36%
3/21/2024Rosenblatt Securities
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 UpgradeSell ➝ Neutral$7.00 ➝ $10.00+14.42%
3/4/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$20.00+143.61%
2/29/2024Citigroup
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 Lower TargetBuy ➝ Buy$16.00 ➝ $14.00+59.27%
2/29/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $9.00+3.33%
2/26/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$14.00 ➝ $10.00+16.41%
2/26/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$13.00 ➝ $10.00+16.14%
1/29/2024Wells Fargo & Company
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 DowngradeOverweight ➝ Equal Weight$16.00 ➝ $12.00+12.99%
1/22/2024Macquarie
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 Lower TargetOutperform ➝ Outperform$16.00 ➝ $14.00+34.36%
1/11/2024Redburn Atlantic
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 DowngradeBuy ➝ Neutral$11.00+0.27%
11/9/2023The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$17.00 ➝ $15.00+57.56%
11/9/2023Raymond James
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 Lower TargetOutperform ➝ Outperform$18.00 ➝ $17.00+80.85%
10/10/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$15.00 ➝ $13.00+23.46%
10/6/2023Seaport Res Ptn
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D. Joyce
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Reiterated RatingBuy
10/4/2023Guggenheim
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 Lower Target$18.00 ➝ $15.00+44.93%
9/6/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$17.00+47.83%
7/24/2023Evercore ISI
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 Lower TargetOutperform$25.00 ➝ $20.00+54.68%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:37 PM ET.

WBD Frequently Asked Questions

What is Warner Bros. Discovery's stock forecast and purchase recommendation?

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Warner Bros. Discovery is $13.32, with a high forecast of $20.00 and a low forecast of $7.00. The consensus rating for Warner Bros. Discovery stock is Moderate Buy based on the current 1 sell rating, 8 hold ratings and 11 buy ratings for WBD. Learn more on WBD's analyst rating history.

Do Wall Street analysts like Warner Bros. Discovery more than its competitors?

Analysts like Warner Bros. Discovery less than other "consumer discretionary" companies. The consensus rating score for Warner Bros. Discovery is 2.50 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how WBD compares to other companies.

Is Warner Bros. Discovery being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Warner Bros. Discovery's stock had 2 upgrades and 1 downgrade by analysts.

Does Warner Bros. Discovery's stock price have much upside?

According to analysts, Warner Bros. Discovery's stock has a predicted upside of 40.33% based on their 12-month stock forecasts.

What analysts cover Warner Bros. Discovery?

Warner Bros. Discovery has been rated by research analysts at Barclays, Barrington Research, Benchmark, Citigroup, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Needham & Company LLC, Rosenblatt Securities, Sanford C. Bernstein, and Wolfe Research in the past 90 days.


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This page (NASDAQ:WBD) was last updated on 5/20/2024 by MarketBeat.com Staff

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