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 1.9822
  • Debt/Equity 0.0039
  • CurrentRatio 1.0739
  • ROIC 0.0013

 

  • MktCap 71356703126.0
  • FreeCF/Share 1.6418
  • PFCF 17.5324
  • PE 147.2066
  • 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 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
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

Warner Bros. Discovery set to reject Paramount Skydance's latest hostile takeover bid
PSKY, WBD
Published: December 30, 2025 by: Proactive Investors
Sentiment: Neutral

Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A) is reportedly set to reject Paramount Skydance's (NASDAQ:PSKY) amended $108.4 billion hostile bid, according to CNBC. The decision would effectively set aside Paramount's efforts to strengthen its financing through a $40.4 billion personal guarantee from Oracle co-founder Larry Ellison.

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image for news Warner Bros. Discovery set to reject Paramount Skydance's latest hostile takeover bid
Warner Bros expected to reject Paramount's latest hostile bid, CNBC reports
PSKY, WBD
Published: December 30, 2025 by: Reuters
Sentiment: Negative

Warner Bros Discovery is expected to reject Paramount Skydance's amended $108.4 billion hostile bid, CNBC reported on Tuesday.

Read More
image for news Warner Bros expected to reject Paramount's latest hostile bid, CNBC reports
Warner Bros. Discovery, Inc. (WBD) is Attracting Investor Attention: Here is What You Should Know
WBD
Published: December 29, 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 Warner Bros. Discovery, Inc. (WBD) is Attracting Investor Attention: Here is What You Should Know
Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
WBD
Published: December 26, 2025 by: GlobeNewsWire
Sentiment: Neutral

PHILADELPHIA, Dec. 26, 2025 (GLOBE NEWSWIRE) -- National plaintiffs' law firm Berger Montague PC advises shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“Warner Bros.” or the “Company”) regarding an investigation into Warner Bros.' Board of Directors (the “Board”) for potential breaches of fiduciary duties to the Company and its shareholders, and other violations of state law, in connection with the proposed sale of the Company or certain parts of the Company.

Read More
image for news Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
There Is No Streaming War
AAPL, AMZN, DIS, GOOG, GOOGL, NFLX, PSKY, WBD
Published: December 23, 2025 by: Seeking Alpha
Sentiment: Neutral

Netflix remains central in streaming headlines, with potential Warner Bros. Discovery and Paramount deals, but industry expert Dan Rayburn shares why investors should focus only if/when deals close.

Read More
image for news There Is No Streaming War
Paramount efforts to buy Warner Bros Discovery play out in background of latest CBS News drama
PSKY, WBD
Published: December 23, 2025 by: Fox Business
Sentiment: Negative

After CBS News' decision to delay a "60 Minutes" segment about migrants deported to an El Salvador prison, some critics have alleged the move was to curry favor with the Trump administration.

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image for news Paramount efforts to buy Warner Bros Discovery play out in background of latest CBS News drama
Paramount renews bid for Warner Bros, ensuring $40 billion Larry Ellison backing
PSKY, WBD
Published: December 22, 2025 by: TechCrunch
Sentiment: Positive

The war for the future of Warner Brothers continues, as Paramount Skydance announced Monday an amended all-cash offer for the legacy movie studio. The offer includes an “irrevocable personal guarantee” from a major backer, Oracle billionaire Larry Ellison, to provide tens of billions in equity financing for the deal.

Read More
image for news Paramount renews bid for Warner Bros, ensuring $40 billion Larry Ellison backing
Paramount Tweaks its Deal in Bid to Wrestle Warner Bros. Away From Netflix.
PSKY, WBD
Published: December 22, 2025 by: Investopedia
Sentiment: Neutral

Paramount wants Warner Bros. Warner Bros.

Read More
image for news Paramount Tweaks its Deal in Bid to Wrestle Warner Bros. Away From Netflix.
Warner Bros bidding war and red hot M&A market has dealmakers working through holidays
WBD
Published: December 22, 2025 by: Reuters
Sentiment: Positive

A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short.

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image for news Warner Bros bidding war and red hot M&A market has dealmakers working through holidays
VIEW Ellison steps in with personal guarantee as Paramount fights for Warner Bros
PSKY, WBD
Published: December 22, 2025 by: Reuters
Sentiment: Positive

Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to streaming giant Netflix.

Read More
image for news VIEW Ellison steps in with personal guarantee as Paramount fights for Warner Bros
Netflix restructures financing for Warner Bros bid as Ellison backs rival Paramount offer
NFLX, PSKY, WBD
Published: December 22, 2025 by: Proactive Investors
Sentiment: Neutral

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) has restructured part of the financing for its proposed acquisition of Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A), while Oracle co-founder Larry Ellison has provided a personal guarantee to support a competing Paramount Skydance (NASDAQ:PSKY) bid, moves aimed at assuring WBD's board and shareholders that both offers are fully funded. Warner Bros last week rejected Paramount's offer in favor of a deal with Netflix.

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image for news Netflix restructures financing for Warner Bros bid as Ellison backs rival Paramount offer
Netflix Refinances Chunk Of Bridge Loan For Warner Bros. Acquisition
NFLX, WBD
Published: December 22, 2025 by: Deadline
Sentiment: Neutral

Netflix has secured new bank financing totaling $25 billion to replace a portion of the cash commitment under its previously disclosed $59 billion bridge loan to acquire Warner Bros. Discovery's studios and streaming business.

Read More
image for news Netflix Refinances Chunk Of Bridge Loan For Warner Bros. Acquisition
Larry Ellison Personally Backs Paramount's Bid for Warner
PSKY, WBD
Published: December 22, 2025 by: Bloomberg Markets and Finance
Sentiment: Positive

Oracle Chair Larry Ellison says he will personally back Paramount Skydance's bid for Warner Bros. Discovery with a guarantee of $40 billion in equity financing.

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image for news Larry Ellison Personally Backs Paramount's Bid for Warner
Walter Isaacson on Elon Musk pay package, Paramount's amended WBD offer
PSKY, WBD
Published: December 22, 2025 by: CNBC Television
Sentiment: Neutral

Walter Isaacson, Perella Weinberg advisory partner, Tulane University professor and Elon Musk biographer, joins 'Squawk Box' to discuss Elon Musk's pay package, Paramount's amended bid for Warner Bros. Discovery, inside the 60 Minutes decision to pull a scheduled piece, and more.

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image for news Walter Isaacson on Elon Musk pay package, Paramount's amended WBD offer
Paramount Skydance gets $40B personal backing from Larry Ellison for WBD bid
WBD
Published: December 22, 2025 by: Invezz
Sentiment: Positive

Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance's hostile bid for Warner Bros Discovery (WBD), intensifying a high-stakes takeover battle that could reshape Hollywood's streaming landscape. Paramount said on Monday that Ellison has provided an “irrevocable personal guarantee” covering $40.

Read More
image for news Paramount Skydance gets $40B personal backing from Larry Ellison for WBD bid
Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (WBD)
WBD
Published: December 22, 2025 by: Newsfile Corp
Sentiment: Neutral

Philadelphia, Pennsylvania--(Newsfile Corp. - December 22, 2025) - National plaintiffs' law firm Berger Montague PC advises shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("Warner Bros.

Read More
image for news Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (WBD)
Paramount says Larry Ellison now personally guarantees $40 billion of the Warner Bros. bid
PSKY, WBD
Published: December 22, 2025 by: Market Watch
Sentiment: Positive

Larry Ellison now provides a “personal guarantee” of $40 billion of the financing for Paramount's $108 billion offer to buy Warner Bros. Discovery.

Read More
image for news Paramount says Larry Ellison now personally guarantees $40 billion of the Warner Bros. bid
Paramount Responds To WBD Concerns About Hostile Bid, Offering New Larry Ellison Financing Guarantee
PSKY, WBD
Published: December 22, 2025 by: Deadline
Sentiment: Positive

Paramount has amended its hostile bid for Warner Bros. Discovery, adding an “irrevocable personal guarantee” from Larry Ellison in support of the $108 billion proposal. WBD had raised a range of concerns about the offer, noting it had already formally accepted a bid from Netflix for $82.7 billion.

Read More
image for news Paramount Responds To WBD Concerns About Hostile Bid, Offering New Larry Ellison Financing Guarantee
Paramount guarantees Larry Ellison backing in amended WBD bid
PSKY, WBD
Published: December 22, 2025 by: CNBC Television
Sentiment: Positive

CNBC's Andrew Ross Sorkin reports on the latest news.

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image for news Paramount guarantees Larry Ellison backing in amended WBD bid
Paramount Amends Its Bid for Warner Bros. Here's What's Changed.
PSKY, WBD
Published: December 22, 2025 by: Barrons
Sentiment: Neutral

Oracle founder Larry Ellison is now guaranteeing $40.4 billion of the equity financing for the bid.

Read More
image for news Paramount Amends Its Bid for Warner Bros. Here's What's Changed.
Paramount Amends Bid for Warner Discovery With New Ellison Guarantee
PSKY, WBD
Published: December 22, 2025 by: WSJ
Sentiment: Neutral

Warner earlier recommended that shareholders reject Paramount's $30-per-share bid for all of the company.

Read More
image for news Paramount Amends Bid for Warner Discovery With New Ellison Guarantee
Larry Ellison gives $40.4 billion guarantee for Paramount bid for Warner Bros
PSKY, WBD
Published: December 22, 2025 by: Reuters
Sentiment: Positive

Oracle co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing for Paramount Skydance's offer to acquire Warner Bros Discovery , a filing showed on Monday.

Read More
image for news Larry Ellison gives $40.4 billion guarantee for Paramount bid for Warner Bros
Paramount guarantees Larry Ellison backing in amended WBD bid
PSKY, WBD
Published: December 22, 2025 by: CNBC
Sentiment: Positive

Paramount Skydance guaranteed the backing of billionaire Larry Ellison in its hostile bid for Warner Bros. Discovery.

Read More
image for news Paramount guarantees Larry Ellison backing in amended WBD bid
PARAMOUNT AMENDS ITS SUPERIOR $30 PER SHARE ALL-CASH OFFER FOR WARNER BROS. DISCOVERY
PSKY, WBD
Published: December 22, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES and NEW YORK , Dec. 22, 2025 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") today has amended its $30 per share all-cash offer for Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD"), to address WBD's stated concerns regarding Paramount's superior offer.

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image for news PARAMOUNT AMENDS ITS SUPERIOR $30 PER SHARE ALL-CASH OFFER FOR WARNER BROS. DISCOVERY
How Paramount beats Netflix, wins Warner Bros. and saves Hollywood from Big Tech
NFLX, PSKY, WBD
Published: December 22, 2025 by: Market Watch
Sentiment: Positive

This fight is about much more than money.

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image for news How Paramount beats Netflix, wins Warner Bros. and saves Hollywood from Big Tech
Netflix Lines Up $25 Billion in Bank Financing for Warner Bros. Deal
NFLX, WBD
Published: December 22, 2025 by: WSJ
Sentiment: Positive

Netflix entered into a $5 billion senior unsecured revolving credit facility and two senior unsecured delayed-draw term loan facilities totaling $20 billion, according to a filing with the SEC.

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image for news Netflix Lines Up $25 Billion in Bank Financing for Warner Bros. Deal
Netflix vs. Paramount: What you need to know about the bidding war for Warner Bros.
NFLX, PSKY, WBD
Published: December 18, 2025 by: Fast Company
Sentiment: Neutral

Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.

Read More
image for news Netflix vs. Paramount: What you need to know about the bidding war for Warner Bros.
Warner Bros. Discovery Says Unknown ‘American Media Company' Offered Takeover Bid
WBD
Published: December 17, 2025 by: Forbes
Sentiment: Positive

Warner Bros. Discovery CEO David Zaslav told executives in October that Amazon and Apple had expressed interest in acquiring the company, Bloomberg reported, citing two people familiar with the discussions, though neither firm would match the “American media company” label.

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image for news Warner Bros. Discovery Says Unknown ‘American Media Company' Offered Takeover Bid
Warner Bros. Wants to Take the Netflix Deal—and It Calls Paramount's Offer 'Illusory'
NFLX, WBD
Published: December 17, 2025 by: Investopedia
Sentiment: Negative

The biggest entertainment deal in history promises more drama.

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image for news Warner Bros. Wants to Take the Netflix Deal—and It Calls Paramount's Offer 'Illusory'
Paramount Stands By Hostile $108 Billion Takeover Bid For Warner Bros. Discovery Despite Rejection
NFLX, PARA, WBD
Published: December 17, 2025 by: Forbes
Sentiment: Negative

Shares of Paramount Skydance fell more than 4% after trading opened Wednesday, while Warner Bros. Discovery's stock dropped 1%.

Read More
image for news Paramount Stands By Hostile $108 Billion Takeover Bid For Warner Bros. Discovery Despite Rejection

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.