Warner Bros. Discovery, Inc. (WBD)
Market Cap | 20.25B |
Revenue (ttm) | 40.58B |
Net Income (ttm) | -3.02B |
Shares Out | 2.45B |
EPS (ttm) | -1.24 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 21,543,407 |
Open | 8.24 |
Previous Close | 8.20 |
Day's Range | 8.00 - 8.29 |
52-Week Range | 7.34 - 14.76 |
Beta | 1.51 |
Analysts | Buy |
Price Target | 13.37 (+62.45%) |
Earnings Date | May 9, 2024 |
About WBD
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience lice... [Read more]
Financial Performance
In 2023, WBD's revenue was $41.32 billion, an increase of 22.19% compared to the previous year's $33.82 billion. Losses were -$3.13 billion, -57.59% less than in 2022.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for WBD stock is "Buy." The 12-month stock price forecast is $13.37, which is an increase of 62.45% from the latest price.
News
Joint streaming venture involving ESPN, Fox, Warner will be called Venu Sports
LOS ANGELES — The sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery finally has a name.
The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery's next move
Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said.
Disney, Fox, Warner Bros Discovery sports-streaming venture named Venu Sports
The sports-streaming service set to be launched by Walt Disney Co , Warner Bros Discovery and Fox Corp will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture's CEO, ...
Disney-Fox-WBD Streaming Joint Venture Gets A Name: Venu Sports
The sports streaming joint venture from Disney, Fox and Warner Bros. Discovery has a name: Venu Sports. The company's name and logo were announced this morning by CEO Pete Distad. The service expects ...
RedBird IMI Completes Acquisition of Global Production Company All3Media
RedBird IMI's largest transaction to-date completed following approval from regulators in the United States, United Kingdom and Germany RedBird IMI's largest transaction to-date completed following ap...
Klarman's Baupost Group Buys Stake in SoundHound, Cuts Position in Warner Bros Discovery
Billionaire Seth Klarman's Baupost Group hedge fund entered a position in artificial intelligence (AI)-powered voice and speech recognition company SoundHound AI (SOUN) in the first quarter while shar...
WARNER BROS. DISCOVERY PRESIDENT AND CEO DAVID ZASLAV TO PRESENT AT THE BERNSTEIN 40th ANNUAL STRATEGIC DECISIONS CONFERENCE
NEW YORK , May 14, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (Nasdaq: WBD) today announced that its President and CEO David Zaslav will present at Bernstein's 40th Annual Strategic Decisions C...
Warner Bros. Discovery Announces Upsize of Previously Announced Cash Tender Offer to an Aggregate Tender Cap of up to $2,500,000,000
NEW YORK , May 14, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.
Media companies look to woo advertisers as spending shifts to digital
Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.
Warner Bros. Discovery: A look at the merger of two legacy media giants
Warner Bros. Discovery (WBD) – a company with deep roots in the entertainment industry for over a century – was only formed a short two years ago.
Disney and Warner Bros. Discovery announce bundled streaming services in US
Bobby Iaccino, co-founder of Path Trading Partners, weighs in on the effectiveness of bundling streaming platforms and why he believes the move 'defeats its own purpose.'
Netflix Has Nothing To Fear From New Disney+, Hulu, and Max Bundle, Analysts Say
Disney (DIS) and Warner Bros. Discovery (WBD) teamed up this week to launch a new streaming bundle, the latest move by the legacy media giants to compete in the Netflix (NFLX)-dominated streaming spac...
WARNER BROS. DISCOVERY ANNOUNCES CONFERENCE PARTICIPATION FOR THE MONTH OF MAY
NEW YORK , May 10, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (Nasdaq: WBD) today announced that its President of International Gerhard Zeiler and its Chief Financial Officer Gunnar Wiedenfels ...
Street growing impatient with media companies shifting to streaming, says media mogul Tom Rogers
Tom Rogers, former NBC Cable president, joins 'Fast Money' to talk the recent slate of media earnings and what they signal about the streaming space.
Disney, Hulu, and Max to offer streaming bundle this summer
Disney (DIS) and Warner Bros. Discovery (WBD) will launch a new streaming service bundle including Disney+, Hulu, and Max in one package.
Three-Stock Lunch: Warner Bros. Discovery, Roblox & Planet Fitness
Brian Vendig, MJP Wealth Advisors president, joins 'Power Lunch' to discuss stock plays for three stocks, including Warner Bros. Discovery, Roblox, and Planet Fitness.
Warner Bros. Discovery Stock Up After Earnings, Disney Plus Bundle Deal
Warner Bros. Discovery shares are higher Thursday after the media giant disclosed Q1 earnings and a bundle deal with Disney.
Trade Tracker: Josh Brown buys Warner Bros. Discovery
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to break down his latest trade on Warner Bros. Discovery.
Warner Bros. Discovery, Disney announce new streaming bundle
Shares of Warner Bros. Discovery (WBD) are trading lower after the company reported first quarter earnings and revenue that missed Wall Street expectations.
Oakmark's Tony Coniaris reacts to Warner Bros. Discovery's Q1 miss
Tony Coniaris, Oakmark portfolio manager, joins CNBC's 'Money Movers' to discuss Warner Brothers Discovery Q1 earnings, streaming bundle with Disney, top stock picks, and more.
The bundle is making a comeback
Disney and Warner Bros. Discovery announced a new bundle service.
Warner Bros. Discovery Reports Wider-Than-Expected Loss as Revenue Falls Short
UPDATE—May 9, 2024: This article has been updated to reflect more recent share price information.
Warner Bros. Discovery posts $966M loss, hurt by slumping ad sales and Hollywood strikes
Advertising revenue in its networks segment, which includes CNN and the Discovery Channel, fell 11% in the first quarter.
Warner Bros. Discovery Sales Fall Short of Estimates
Warner Bros. Discovery reported sales and profit that fell short of analysts' expectations as the entertainment giant wrestled with lower TV ad sales and poor performance of video games.
Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights
The cable-network owner's chief executive said the company has the ability to match third-party offers for NBA packages.