Warner Bros. Discovery, Inc. (WBD)

US — Communication Services Sector
Peers: LYV  CMCSA  LLYVK  FOXA  WMG  TKO  AMX  RDDT 

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Key Metrics & Ratings

  • symbol WBD
  • Rev/Share 15.2735
  • Book/Share 15.0484
  • PB 1.5851
  • Debt/Equity 0.0039
  • CurrentRatio 1.0739
  • ROIC 0.0013

 

  • MktCap 57060585868.0
  • FreeCF/Share 1.6418
  • PFCF 14.0198
  • PE 117.7142
  • Debt/Assets 0.0014
  • DivYield 0
  • ROE 0.0139

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade WBD Rothschild & Co Redburn Neutral Buy -- $28 Oct. 30, 2025
Upgrade WBD Argus Hold Buy -- -- Oct. 28, 2025
Downgrade WBD KeyBanc Capital Markets Overweight Sector Weight -- -- Sept. 26, 2025
Downgrade WBD TD Cowen Buy Hold -- $14 Sept. 16, 2025
Upgrade WBD MoffettNathanson Neutral Buy $9 $13 Jan. 21, 2025

News

Warner Bros. Discovery Prepares for Possible Sale
WBD
Published: November 14, 2025 by: Bloomberg Technology
Sentiment: Positive

Paramount, Netflix and Comcast are eyeing potential bids for Warner Bros. Discovery.

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image for news Warner Bros. Discovery Prepares for Possible Sale
Comcast CEO Brian Roberts travels to Saudi Arabia as he explores bid for Warner Bros. Discovery
CMCSA, WBD
Published: November 12, 2025 by: New York Post
Sentiment: Neutral

Roberts, despite being a longtime friend of Zas and interested in a bid for his company, was notably absent from a Los Angeles dinner honoring the Warner Bros. Discovery boss, according to a report.

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image for news Comcast CEO Brian Roberts travels to Saudi Arabia as he explores bid for Warner Bros. Discovery
Is Trending Stock Warner Bros. Discovery, Inc. (WBD) a Buy Now?
WBD
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Neutral

Zacks.com users have recently been watching Warner Bros. Discovery (WBD) quite a bit.

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image for news Is Trending Stock Warner Bros. Discovery, Inc. (WBD) a Buy Now?
Warner Bros. Discovery Q3 Earnings Miss Estimates, Revenues Fall Y/Y
WBD
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Negative

Warner Bros. Discovery's Q3 results fall short as revenues slip 6% year over year, but streaming and studios show solid momentum.

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image for news Warner Bros. Discovery Q3 Earnings Miss Estimates, Revenues Fall Y/Y
Warner Bros. Discovery Q3 2025 Earnings Reveal Why Buyers Are Circling
WBD
Published: November 06, 2025 by: Seeking Alpha
Sentiment: Positive

Ex one-time revenue charges, Warner Bros. Discovery, Inc.'s Q3 2025 results have reinforced its strategic appeal, especially given continued strength in Streaming share gains and monetization through robust ad-supported growth. The company's balance sheet is also making progress as FCF accretion expands, contributing favorably to its ongoing deleveraging efforts. Streaming and gaming have emerged as key differentiators, as they underscore WBD's growing IP monetization pipeline. This could further interest from potential suitors beyond Paramount-Skydance and boost WBD's valuation momentum.

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image for news Warner Bros. Discovery Q3 2025 Earnings Reveal Why Buyers Are Circling
Warner Bros. Discovery, Inc. (WBD) Q3 2025 Earnings Call Transcript
WBD
Published: November 06, 2025 by: Seeking Alpha
Sentiment: Neutral

Warner Bros. Discovery, Inc. ( WBD ) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST Company Participants Andrew Slabin - Executive Vice President of Global Investor Strategy David Zaslav - President, CEO & Director Gunnar Wiedenfels - Senior VP Jean-Briac Perrette - President and CEO of Global Streaming & Games Conference Call Participants Jessica Reif Cohen - BofA Securities, Research Division Kannan Venkateshwar - Barclays Bank PLC, Research Division Robert Fishman - MoffettNathanson LLC Benjamin Swinburne - Morgan Stanley, Research Division Steven Cahall - Wells Fargo Securities, LLC, Research Division Ric Prentiss - Raymond James & Associates, Inc., …

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image for news Warner Bros. Discovery, Inc. (WBD) Q3 2025 Earnings Call Transcript
Warner Bros. Discovery (WBD) Reports Q3 Earnings: What Key Metrics Have to Say
WBD
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Warner Bros. Discovery (WBD) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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image for news Warner Bros. Discovery (WBD) Reports Q3 Earnings: What Key Metrics Have to Say
Warner Bros Discovery Q3 earnings beat, revenue misses on weak streaming growth
WBD
Published: November 06, 2025 by: Proactive Investors
Sentiment: Neutral

Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) (WBD) on Thursday reported third quarter 2025 revenue that declined 6% year over year to $9.05 billion, falling short of the $9.18 billion Wall Street forecast. Box office receipts from DC's Superman, Weapons, and The Conjuring: Last Rites, however, fueled a 24% surge in the company's studio revenue during the quarter.

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image for news Warner Bros Discovery Q3 earnings beat, revenue misses on weak streaming growth
Warner Discovery Moving Fast on Split or Sale, CEO Says
WBD
Published: November 06, 2025 by: WSJ
Sentiment: Neutral

Chief Executive David Zaslav said the company's exploration of a possible sale of some or all of its holdings is briskly moving ahead.

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image for news Warner Discovery Moving Fast on Split or Sale, CEO Says
Drag from Warner Bros. Discovery TV business makes strong argument for sale or split
WBD
Published: November 06, 2025 by: Market Watch
Sentiment: Negative

Warner Bros. Discovery CEO David Zaslav says the company is seriously reviewing merger offers while continuing to plan for a spinoff of its television unit next year.

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image for news Drag from Warner Bros. Discovery TV business makes strong argument for sale or split
Warner Bros. Discovery (WBD) Reports Q3 Loss, Misses Revenue Estimates
WBD
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Negative

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04.

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image for news Warner Bros. Discovery (WBD) Reports Q3 Loss, Misses Revenue Estimates
WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo
WBD
Published: November 05, 2025 by: CNBC
Sentiment: Neutral

Warner Bros. Discovery said last month it would explore strategic options for the company after receiving unsolicited takeover offers.

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image for news WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo
WBD Set to Report Q3 Earnings: How Should Investors Play the Stock?
WBD
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

WBD rides box-office highs and streaming gains into Q3, but linear woes and a YTD rally cloud near-term upside.

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image for news WBD Set to Report Q3 Earnings: How Should Investors Play the Stock?
Here's Why Warner Bros. Discovery (WBD) is a Strong Momentum Stock
WBD
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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image for news Here's Why Warner Bros. Discovery (WBD) is a Strong Momentum Stock
Where things stand on Warner Bros. Discovery potential sale
WBD
Published: October 31, 2025 by: CNBC Television
Sentiment: Neutral

CNBC's David Faber breaks down the latest details on potential bids for Warner Bros. Discovery.

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image for news Where things stand on Warner Bros. Discovery potential sale
Netflix May Buy Warner Bros
NFLX, WBD
Published: October 31, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Instead of just making movies on its own, Netflix Inc. (NASDAQ: NFLX) may buy Warner Bros.

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image for news Netflix May Buy Warner Bros
Warner Bros. Discovery (WBD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
WBD
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Warner Bros. Discovery (WBD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

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image for news Warner Bros. Discovery (WBD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Why Apple Should Buy Warner Bros. Discovery
AAPL, WBD
Published: October 30, 2025 by: Forbes
Sentiment: Neutral

Hollywood is abuzz with a tentative planned Warner Bros. Discovery split, and the potential for another major studio to buy WBD.

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image for news Why Apple Should Buy Warner Bros. Discovery
Opinion | The Ellisons Play Their Trump Card in the Warner Bros. Battle
WBD
Published: October 24, 2025 by: WSJ
Sentiment: Neutral

Nothing can stop the marriage of AI and Hollywood, but a friend in the White House helps.

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image for news Opinion | The Ellisons Play Their Trump Card in the Warner Bros. Battle
Warner Bros. Discovery CEO David Zaslav poised to pocket $500M from company sale: report
WBD
Published: October 24, 2025 by: New York Post
Sentiment: Neutral

Zaslav's payout would come from 21 million shares that immediately vest upon a sale, according to Semafor.

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image for news Warner Bros. Discovery CEO David Zaslav poised to pocket $500M from company sale: report
Stocks to watch after the NBA's betting scandal
DKNG, MSGS, WBD
Published: October 24, 2025 by: Finbold
Sentiment: Neutral

The sports industry is in a state of shock following the arrest of more than 30 people involved with the National Basketball Association (NBA).

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image for news Stocks to watch after the NBA's betting scandal
Paramount Skydance is in the lead for the Warner Bros Discovery deal. Here's why
PSKY, WBD
Published: October 23, 2025 by: Fast Company
Sentiment: Positive

David Ellison's Paramount Skydance is seen as the top contender to buy Warner Bros Discovery, with analysts and experts saying the tech scion's access to deep pockets and Washington ties give him an edge in what could be the media industry's biggest merger in years.

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image for news Paramount Skydance is in the lead for the Warner Bros Discovery deal. Here's why
Warner Bros. Discovery launches formal auction as it seeks bidding war for media giant: sources
WBD
Published: October 23, 2025 by: New York Post
Sentiment: Neutral

Warner Bros. Discovery has launched a formal auction of the media giant, with bankers at JPMorgan and Allen & Co. combing through expressions of interest from multiple suitors – including one from Paramount Skydance, The Post has learned.

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image for news Warner Bros. Discovery launches formal auction as it seeks bidding war for media giant: sources
Warner Bros. Discovery vs.
DIS, WBD
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Streaming momentum fuels DIS and WBD, but diverging strategies may shape which media giant leads the next era.

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image for news Warner Bros. Discovery vs.
Netflix: Warner Bros. Clues, Brazil Tax, & What Truly Matters
NFLX, WBD
Published: October 22, 2025 by: Seeking Alpha
Sentiment: Positive

Netflix is a "Buy" after Q3 sell-off, as non-recurring Brazil tax and FX issues overshadow strong fundamentals and upgraded guidance. NFLX raised full-year guidance, reported record engagement, and continues to expand its content and advertising strategies for sustained long-term growth. Valuation is not cheap, but projected 13%+ revenue and 20%+ EPS growth support a 20% upside with a $1,380 price target.

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image for news Netflix: Warner Bros. Clues, Brazil Tax, & What Truly Matters
Warner Bros. Had Bids From Paramount, Report Says.
PSKY, WBD
Published: October 22, 2025 by: Barrons
Sentiment: Neutral

Warner Bros. Discovery confirmed it had received “unsolicited interest” from multiple parties.

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image for news Warner Bros. Had Bids From Paramount, Report Says.
Warner Stock Up 91%. Antitrust To Hit $WBD Bids By Paramount, Comcast
WBD
Published: October 22, 2025 by: Forbes
Sentiment: Positive

Warner Brothers Discovery stock is up 91% so far this year.

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image for news Warner Stock Up 91%. Antitrust To Hit $WBD Bids By Paramount, Comcast
Warner Bros. Discovery Has Received Interest From Multiple Parties For All Or Part Of Company
WBD
Published: October 21, 2025 by: Deadline
Sentiment: Positive

With Warner Bros. Disovery in play now and set to split in half next spring, the company said today it's received unsolicted interest from multiple parties for both all or part of it and is initiating a review of strategic alternatives. The company's full statement: While Warner Bros.

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image for news Warner Bros. Discovery Has Received Interest From Multiple Parties For All Or Part Of Company
Warner Bros. Discovery Begins Strategic Review Amid Acquisition Interest
WBD
Published: October 21, 2025 by: WSJ
Sentiment: Positive

The company's shares jumped in premarket trading after it said it had initiated a review of strategic alternatives.

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image for news Warner Bros. Discovery Begins Strategic Review Amid Acquisition Interest
Warner Bros. Discovery pursues entire company sale ahead of spinoff plans
WBD
Published: October 21, 2025 by: Business Insider
Sentiment: Negative

Warner Bros. Discovery is reviewing a potential sale of the company, citing unsolicited interest in the entire entity, even as it continues to pursue a spinoff of its cable assets, which is already underway.

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image for news Warner Bros. Discovery pursues entire company sale ahead of spinoff plans

About Warner Bros. Discovery, Inc. (WBD)

  • IPO Date 2005-07-08
  • Website https://ir.wbd.com
  • Industry Entertainment
  • CEO David M. Zaslav
  • Employees 35000

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 licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.