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 1.8418
  • Debt/Equity 0.9369
  • CurrentRatio 1.0739
  • ROIC 0.0013

 

  • MktCap 66321984000.0
  • FreeCF/Share 1.6676
  • PFCF 16.0431
  • PE 136.7795
  • Debt/Assets 0.3357
  • DivYield 0
  • ROE 0.0139

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 3
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade WBD Guggenheim Buy Neutral -- $30 Jan. 14, 2026
Downgrade WBD Seaport Research Partners Buy Neutral -- -- Dec. 9, 2025
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

Netflix co-CEO Ted Sarandos faces Senate hearing over massive $72B Warner Bros takeover deal
NFLX, WBD
Published: February 03, 2026 by: Fox Business
Sentiment: Negative

Netflix co-CEO Ted Sarandos faces Senate questioning over the streaming giant's proposed $72 billion Warner Bros. Discovery merger amid antitrust concerns.

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image for news Netflix co-CEO Ted Sarandos faces Senate hearing over massive $72B Warner Bros takeover deal
Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know
WBD
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Neutral

Recently, Zacks.com users have been paying close attention to Warner Bros. Discovery (WBD).

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image for news Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know
Netflix co-CEO faces grilling by US Senate panel over Warner Bros deal
NFLX, WBD
Published: February 03, 2026 by: Reuters
Sentiment: Negative

Netflix Co-Chief Executive Officer Ted Sarandos faces a grilling in the U.S. Senate on Tuesday at a hearing over how his company's proposed $82.7 billion acquisition of Warner Bros Discovery will affect competition in the streaming entertainment industry.

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image for news Netflix co-CEO faces grilling by US Senate panel over Warner Bros deal
Wall Street traders show their hands with bets on Warner Bros. Discovery-Netflix deal
NFLX, WBD
Published: January 30, 2026 by: New York Post
Sentiment: Neutral

For much of the year, WBD has been among the more heavily shorted entertainment stocks.

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image for news Wall Street traders show their hands with bets on Warner Bros. Discovery-Netflix deal
Netflix: A Buy With Or Without Warner Bros. Discovery
NFLX, WBD
Published: January 30, 2026 by: Seeking Alpha
Sentiment: Positive

Netflix delivered a robust Q4 with 17.6% YoY revenue growth and strong engagement, despite softer forward revenue guidance. Operating margin expanded to 24.5% in Q4, with further improvement projected, highlighting continued efficiency and profitability. The proposed Warner Bros. Discovery deal offers potential synergies but faces significant regulatory hurdles, making its completion uncertain.

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image for news Netflix: A Buy With Or Without Warner Bros. Discovery
Barry Diller showed interest in CNN as Warner Bros. Discovery planned to split up: report
WBD
Published: January 29, 2026 by: New York Post
Sentiment: Neutral

The idea of Diller buying CNN was never seriously considered and did not advance to the WBD board level, according to the Wall Street Journal.

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image for news Barry Diller showed interest in CNN as Warner Bros. Discovery planned to split up: report
The DOJ's Power Over The Netflix-WBD Deal Explained
NFLX, WBD
Published: January 27, 2026 by: Forbes
Sentiment: Neutral

All eyes are on Warner Bros. Discovery (WBD) as Paramount's efforts to acquire the company continue to escalate and Netflix has switched their offer to buy Warner Bros' (WB) to an all-cash bid with WBD stockholders set to vote on the transaction by April 2026.

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image for news The DOJ's Power Over The Netflix-WBD Deal Explained
Paramount is betting European regulators won't approve WBD-Netflix. Here's how it could play out
NFLX, PSKY, WBD
Published: January 22, 2026 by: CNBC
Sentiment: Negative

Netflix has agreed to pay $27.75 per share for Warner Bros. Discovery's movie studio and streaming business, but not the cable networks, which own WBD's sports rights.

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image for news Paramount is betting European regulators won't approve WBD-Netflix. Here's how it could play out
Netflix has a 'very strong' business, but Warner Bros. has 'a lot of untapped value'
NFLX, WBD
Published: January 21, 2026 by: Yahoo Finance
Sentiment: Neutral

Netflix stock fell after the company reported fourth-quarter earnings that narrowly beat estimates. Netflix also announced it will suspend stock buybacks to acquire Warner Bros.

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image for news Netflix has a 'very strong' business, but Warner Bros. has 'a lot of untapped value'
Netflix's stock remains under pressure as investors balk at forecast and Warner Bros. acquisition
NFLX, WBD
Published: January 21, 2026 by: Market Watch
Sentiment: Negative

Investors appear unconvinced by Netflix's effort to acquire Warner Bros. Discovery's studio and streaming businesses and have registered their discontent over the company's 2026 guidance.

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image for news Netflix's stock remains under pressure as investors balk at forecast and Warner Bros. acquisition
Netflix boosts offer for Warner Bros Discovery
NFLX, WBD
Published: January 20, 2026 by: Skynews
Sentiment: Positive

Netflix has boosted its offer for media giant Warner Bros Discovery (WBD) as it seeks to fend off a hostile takeover from entertainment conglomerate Paramount.

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image for news Netflix boosts offer for Warner Bros Discovery
Netflix amends Warner Bros. Discovery bid to all-cash offer
NFLX, WBD
Published: January 20, 2026 by: Proactive Investors
Sentiment: Positive

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) and Warner Bros. Discovery Inc (NASDAQ:WBD, XETRA:J5A) announced Tuesday that they have amended their definitive agreement for Netflix's pending acquisition of Warner Bros.

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image for news Netflix amends Warner Bros. Discovery bid to all-cash offer
Faber Report: Netflix & Warner Bros. Discovery amend agreement to all-cash transaction
NFLX, WBD
Published: January 20, 2026 by: CNBC Television
Sentiment: Neutral

CNBC's David Faber delivers his latest on the Warner Bros. Discovery deal.

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image for news Faber Report: Netflix & Warner Bros. Discovery amend agreement to all-cash transaction
Netflix To Report Q4 Earnings As Warner Merger Intrigue Swirls
NFLX, WBD
Published: January 20, 2026 by: Deadline
Sentiment: Positive

Netflix will report fourth-quarter earnings after the close of trading Tuesday, with Wall Street's focus on the results magnified by the streaming giant's pursuit of Warner Bros. Ahead of the earnings release, Netflix shifted its $82.7 billion offer for the streaming and studios division of Warner Bros. Discovery to all-cash.

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image for news Netflix To Report Q4 Earnings As Warner Merger Intrigue Swirls
He's Known as ‘The Godfather' and Paramount Is Turning to Him in its Battle for Warner
PSKY, WBD
Published: January 16, 2026 by: WSJ
Sentiment: Positive

RedBird's Gerry Cardinale will tell anyone who will listen why the hostile $77.9 billion bid is superior

Read More
image for news He's Known as ‘The Godfather' and Paramount Is Turning to Him in its Battle for Warner
David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery
PSKY, WBD
Published: January 15, 2026 by: Business Insider
Sentiment: Negative

Paramount Skydance has suffered a legal setback in its pursuit of Warner Bros. Discovery.

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image for news David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery
Judge rejects Paramount Skydance request to speed up lawsuit demanding Warner Bros. Discovery-Netflix details
NFLX, PARA, WBD
Published: January 15, 2026 by: New York Post
Sentiment: Negative

Paramount wanted the court to fast-track the case so Warner Bros. shareholders could have access to financial details necessary to decide whether to accept its $30 per share all-cash tender offer

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image for news Judge rejects Paramount Skydance request to speed up lawsuit demanding Warner Bros. Discovery-Netflix details
Delaware judge won't speed up Paramount lawsuit seeking Warner Bros merger details
PSKY, WBD
Published: January 15, 2026 by: Reuters
Sentiment: Neutral

A Delaware judge on Thursday rejected Paramount Skydance's bid to expedite its lawsuit demanding more information from Warner Bros Discovery about how that company decided Netflix's proposed $82.7 billion takeover was better than its own $108.7 billion hostile bid.

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image for news Delaware judge won't speed up Paramount lawsuit seeking Warner Bros merger details
Could Netflix Throw More Cash Into Its Warner Bros. Deal? Investors Are Wondering
NFLX, WBD
Published: January 14, 2026 by: Investopedia
Sentiment: Neutral

Cash is king. Investors tracking the streaming-media M&A saga of the moment may need to decide whose is more regal.

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image for news Could Netflix Throw More Cash Into Its Warner Bros. Deal? Investors Are Wondering
'We're pleased' with Warner Bros. bidding war, says Harris Oakmark Funds' Bill Nygren
WBD
Published: January 14, 2026 by: CNBC Television
Sentiment: Positive

Bill Nygren, Partner & CIO-U.S. of Harris Oakmark Funds, joins ‘Squawk on the Street' to discuss the bidding war over Warner Bros. Discovery, bank earnings, and more.

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image for news 'We're pleased' with Warner Bros. bidding war, says Harris Oakmark Funds' Bill Nygren
Netflix Stock Dips Amid All-Cash Bid for Warner Bros. Rumors
NFLX, WBD
Published: January 14, 2026 by: Schaeffers Research
Sentiment: Negative

Netflix (NASDAQ:NFLX) shares are down 1.6% to trade at $88.92 at last check, following a Bloomberg report that the streaming giant put forth an all-cash offer for Warner Bros.

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image for news Netflix Stock Dips Amid All-Cash Bid for Warner Bros. Rumors
5 Things to Know Before the Stock Market Opens
NFLX, WBD
Published: January 14, 2026 by: Investopedia
Sentiment: Neutral

Stock futures are pointing to a lower open as investors digest earnings reports from major banks; Bank of America, Wells Fargo, and Citigroup each released quarterly results this morning; Netflix is reportedly preparing to make its offer for Warner Bros. Discovery all-cash to speed up the transaction; gold and silver prices each set new record highs this morning; and investors will be keeping an eye on economic data releases and scheduled comments from several Federal Reserve officials.

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image for news 5 Things to Know Before the Stock Market Opens
Netflix Stock Is Rising. Watch This One Thing as the Warner Bidding War Unfolds.
NFLX, WBD
Published: January 14, 2026 by: Barrons
Sentiment: Positive

The streamer's shares rose after reports said it planned to make its offer for the Warner Bros. streaming and studios assets all-cash.

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image for news Netflix Stock Is Rising. Watch This One Thing as the Warner Bidding War Unfolds.
Netflix weighs amending Warner Bros bid to make it all cash, Bloomberg News reports
NFLX, WBD
Published: January 13, 2026 by: Reuters
Sentiment: Positive

Netflix is working on revised terms for its Warner Bros Discovery acquisition and has discussed making its offer all cash for the purchase of the company's studios and streaming businesses, Bloomberg News reported on Tuesday.

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image for news Netflix weighs amending Warner Bros bid to make it all cash, Bloomberg News reports
Paramount escalates hostile takeover bid of Warner Bros. with new board slate
PSKY, WBD
Published: January 13, 2026 by: Fast Company
Sentiment: Neutral

Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros. Discovery, saying Monday that it will name its own slate of directors before the next shareholder meeting of the Hollywood studio.

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image for news Paramount escalates hostile takeover bid of Warner Bros. with new board slate
Show us the math: Paramount sues Warner Bros. over how it determined Netflix's bid is better
NFLX, PSKY, WBD
Published: January 12, 2026 by: Market Watch
Sentiment: Negative

Paramount says it is suing Warner Bros. Discovery and filing a competing slate of directors in an effort to get the Warner board to take its offer to acquire the company seriously.

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image for news Show us the math: Paramount sues Warner Bros. over how it determined Netflix's bid is better
Paramount escalates hostile bid for Warner Bros. Discovery with proxy fight, lawsuit
PARA, WBD
Published: January 12, 2026 by: New York Post
Sentiment: Negative

Paramount accused WBD's board of breaching fiduciary duties by refusing to engage with what it calls a financially superior proposal.

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image for news Paramount escalates hostile bid for Warner Bros. Discovery with proxy fight, lawsuit
Paramount files lawsuit against Warner Bros. amidst controversial Netflix merger
NFLX, PSKY, WBD
Published: January 12, 2026 by: TechCrunch
Sentiment: Negative

As two major streaming platforms—Warner Bros. and Netflix—prepare for a merger, concerns continue to be voiced about the implications of the deal, which represents more consolidation in the media business.

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image for news Paramount files lawsuit against Warner Bros. amidst controversial Netflix merger
Paramount Launches Proxy Fight For Control Of Warner Bros. Discovery
WBD
Published: January 12, 2026 by: Forbes
Sentiment: Negative

Paramount said Monday it would push forward with its hostile bid for Warner Bros. Discovery by nominating directors to the WBD board that would engage with Paramount's offer, while also filing a lawsuit against the company to force it to disclose information about Netflix's offer.

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image for news Paramount Launches Proxy Fight For Control Of Warner Bros. Discovery
Paramount Sues Warner Bros. for Information.
PSKY, WBD
Published: January 12, 2026 by: Barrons
Sentiment: Negative

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image for news Paramount Sues Warner Bros. for Information.

About Warner Bros. Discovery, Inc. (WBD)

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