Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · IEX Real-Time Price · USD
8.23
+0.03 (0.37%)
May 16, 2024, 4:00 PM EDT - Market closed
0.37%
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]

Industry Entertainment
Founded 1923
Employees 35,300
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

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 Statements

Analyst 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.

Price Target
$13.37
(62.45% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: DISFOXFOXA
5 hours ago - Market Watch

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.

8 hours ago - CNBC

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, ...

Other symbols: DISFOXFOXA
12 hours ago - Reuters

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 ...

Other symbols: DISFOXFOXA
13 hours ago - Deadline

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...

Other symbols: LBTYA
13 hours ago - GlobeNewsWire

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...

Other symbols: SOUN
1 day ago - Investopedia

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...

2 days ago - PRNewsWire

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.

2 days ago - PRNewsWire

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.

Other symbols: CMCSADISNFLXPARA
3 days ago - CNBC

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.

4 days ago - Yahoo Finance

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.'

Other symbols: DIS
5 days ago - Fox Business

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...

Other symbols: NFLXDIS
6 days ago - Investopedia

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 ...

6 days ago - PRNewsWire

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.

Other symbols: DIS
7 days ago - CNBC Television

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.

Other symbols: DIS
7 days ago - Yahoo Finance

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.

Other symbols: PLNTRBLX
7 days ago - CNBC Television

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.

7 days ago - Kiplinger

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.

7 days ago - CNBC Television

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.

Other symbols: DIS
7 days ago - Yahoo Finance

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.

7 days ago - CNBC Television

The bundle is making a comeback

Disney and Warner Bros. Discovery announced a new bundle service.

Other symbols: DIS
7 days ago - Business Insider

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.

7 days ago - Investopedia

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.

7 days ago - New York Post

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.

7 days ago - Bloomberg Markets and Finance

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.

7 days ago - WSJ