Warner Bros. Discovery, Inc. (WBD)

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

Automate Your Wheel Strategy on WBD

With Tiblio's Option Bot, you can configure your own wheel strategy including WBD - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

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 is splitting up, separating its cable TV and streaming businesses
WBD
Published: June 09, 2025 by: Fast Company
Sentiment: Positive

Warner Bros Discovery said on Monday it would split into two companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better in the streaming era.

Read More
image for news Warner Bros Discovery is splitting up, separating its cable TV and streaming businesses
From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history
WBD
Published: June 09, 2025 by: Reuters
Sentiment: Neutral

Warner Bros Discovery , home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades-long history of high-stakes mergers and breakups.

Read More
image for news From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history
Warner Bros. Discovery Is Splitting Up: What It Means for You
WBD
Published: June 09, 2025 by: CNET
Sentiment: Neutral

The media conglomerate will divvy up its assets in movies, TV, gaming and other areas into two companies: Streaming & Studios and Global Networks.

Read More
image for news Warner Bros. Discovery Is Splitting Up: What It Means for You
Top Stock Movers Now: Warner Bros. Discovery, Boeing, Sunnova, and more
BA, NOVA, WBD
Published: June 09, 2025 by: Investopedia
Sentiment: Neutral

U.S. equities were mixed and little changed at midday as the markets awaited any news from the trade talks between the U.S. and China that began today. The S&P 500 and Nasdaq rose, but the Dow Jones Industrial Average fell.

Read More
image for news Top Stock Movers Now: Warner Bros. Discovery, Boeing, Sunnova, and more
There's a tremendous amount of value on WBD studio side, says MoffettNathanson's Robert Fishman
WBD
Published: June 09, 2025 by: CNBC Television
Sentiment: Positive

Robert Fishman, MoffettNathanson senior research, joins 'Money Movers' to discuss Warner Bros. Discovery announcing plans to split the company into two companies.

Read More
image for news There's a tremendous amount of value on WBD studio side, says MoffettNathanson's Robert Fishman
Warner Bros. Discovery is getting a huge makeover
WBD
Published: June 09, 2025 by: The Street
Sentiment: Neutral

WBD announced it will be splitting into two separate companies. Transcript: Warner Bros.

Read More
image for news Warner Bros. Discovery is getting a huge makeover
Warner Bros. Discovery split throws the future of TNT Sports into question
WBD
Published: June 09, 2025 by: CNBC
Sentiment: Negative

In a conference call Monday, Warner Bros. Discovery CEO David Zaslav said U.S. sports have not been a major driver for HBO Max subscriptions.

Read More
image for news Warner Bros. Discovery split throws the future of TNT Sports into question
Warner Bros. Discover Is Splitting Up: What It Means for You
WBD
Published: June 09, 2025 by: CNET
Sentiment: Neutral

The media conglomerate will divvy up its assets in movies, TV, gaming and other areas into two companies: Streaming & Studios and Global Networks.

Read More
image for news Warner Bros. Discover Is Splitting Up: What It Means for You
Warner Bros. Discovery announces major corporate restructuring to separate streaming from cable
WBD
Published: June 09, 2025 by: Fox Business
Sentiment: Neutral

Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.

Read More
image for news Warner Bros. Discovery announces major corporate restructuring to separate streaming from cable
Warner Bros. Discovery to split into two companies, dividing cable and streaming services
WBD
Published: June 09, 2025 by: TechXplore
Sentiment: Neutral

Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people "cutting the cord" brings with it a sustained upheaval in the entertainment industry.

Read More
image for news Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros Stock Surges on Company Split
WBD
Published: June 09, 2025 by: Schaeffers Research
Sentiment: Positive

Media & entertainment stock Warner Bros Discovery Inc (NASDAQ:WBD) was last seen up 10.1% at $10.81, after the company announced it will split into two publicly traded companies by next year.

Read More
image for news Warner Bros Stock Surges on Company Split
Warner Bros. Discovery to Split Into Two Public Companies
WBD
Published: June 09, 2025 by: Bloomberg Markets and Finance
Sentiment: Neutral

Warner Bros. Discovery is splitting into two publicly traded companies: one with HBO Max, film, and TV business, and the other with its cable business.

Read More
image for news Warner Bros. Discovery to Split Into Two Public Companies
Warner Bros Discovery to split into two companies
WBD
Published: June 09, 2025 by: Proactive Investors
Sentiment: Positive

Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) shares surged more than 8% on Monday after the media giant announced plans to separate into two independent, publicly traded companies, Streaming & Studios and Global Networks, by mid-2026. The split is intended to enhance operational agility and strategic clarity across Warner Bros Discovery's diverse media holdings.

Read More
image for news Warner Bros Discovery to split into two companies
Warner Bros to split cable and streaming businesses in major restructuring
WBD
Published: June 09, 2025 by: TechCrunch
Sentiment: Neutral

As cable television continues to experience stagnation, with the trend of cord-cutting growing stronger each year, Warner Bros. Discovery (WBD) is adapting to the evolving media landscape by separating its streaming and cable operations.

Read More
image for news Warner Bros to split cable and streaming businesses in major restructuring
Warner Bros Discovery Stock Jumps on Plan to Split Studios From TV Business
WBD
Published: June 09, 2025 by: Investopedia
Sentiment: Positive

Warner Bros. Discovery (WBD) is splitting into two separate companies, the media conglomerate announced on Monday, sending its shares higher.

Read More
image for news Warner Bros Discovery Stock Jumps on Plan to Split Studios From TV Business
Warner Bros. Discovery to split cable TV networks from streaming, Hollywood studios
WBD
Published: June 09, 2025 by: New York Post
Sentiment: Neutral

One company -- tentatively called Global Networks -- will hold familiar cable channels like CNN, TBS and TNT as well as Discovery+ streaming service.

Read More
image for news Warner Bros. Discovery to split cable TV networks from streaming, Hollywood studios
Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
WBD
Published: June 06, 2025 by: Zacks Investment Research
Sentiment: Neutral

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

Read More
image for news Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
Warner Bros. Discovery Initiates More Layoffs In Cable TV Divisions
WBD
Published: June 04, 2025 by: Deadline
Sentiment: Negative

EXCLUSIVE: Nearly twelve months on from its last round of layoffs, Warner Bros. Discovery is initiating another round of cuts. Deadline understands that the company is set to layoff employees on the cable television side of its business.

Read More
image for news Warner Bros. Discovery Initiates More Layoffs In Cable TV Divisions
David Zaslav is under fire as his Warner Bros. Discovery experiment falters
WBD
Published: June 04, 2025 by: Business Insider
Sentiment: Negative

Warner Bros. Discovery shareholders don't think CEO David Zaslav has earned a raise.

Read More
image for news David Zaslav is under fire as his Warner Bros. Discovery experiment falters
Warner Bros. Discovery Shareholders Say 'No' to CEO Zaslav's Pay
WBD
Published: June 04, 2025 by: Investopedia
Sentiment: Neutral

In a symbolic vote, Warner Bros. Discovery (WBD) shareholders soundly defeated the 2024 compensation packages for CEO David Zaslav and his executive team.

Read More
image for news Warner Bros. Discovery Shareholders Say 'No' to CEO Zaslav's Pay
Warner Bros' Debt Downgrade Is An 'Ironically Positive' Event: Analyst
WBD
Published: June 02, 2025 by: Benzinga
Sentiment: Positive

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Warner Bros. Discovery WBD with a price forecast of $14 on Monday.

Read More
image for news Warner Bros' Debt Downgrade Is An 'Ironically Positive' Event: Analyst
Should You Hold on to WBD Stock Despite its 5% Dip in YTD?
WBD
Published: May 30, 2025 by: Zacks Investment Research
Sentiment: Neutral

Warner Bros. Discovery's 5% YTD decline contrasts with streaming momentum.

Read More
image for news Should You Hold on to WBD Stock Despite its 5% Dip in YTD?
Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know
WBD
Published: May 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

Warner Bros. Discovery (WBD) has been one of the stocks most watched by Zacks.com users lately.

Read More
image for news Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know
Disney vs. Warner Bros. Discovery: Which Media Titan is a Stronger Pick?
DIS, WBD
Published: May 22, 2025 by: Zacks Investment Research
Sentiment: Positive

DIS beats WBD with 20% earnings growth, stronger streaming performance, and diversified revenue streams. Superior fundamentals favor DIS over debt-heavy WBD.

Read More
image for news Disney vs. Warner Bros. Discovery: Which Media Titan is a Stronger Pick?
Warner Bros. Discovery, Inc. (WBD) MofafettNathanson 2025 Media, Internet & Communications Conference (Transcript)
WBD
Published: May 15, 2025 by: Seeking Alpha
Sentiment: Neutral

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) MofafettNathanson 2025 Media, Internet & Communications Conference May 15, 2024 3:10 PM ET Company Participants Gunnar Wiedenfels - Chief Financial Officer Conference Call Participants Robert Fishman - MoffettNathanson Robert Fishman So thank you.

Read More
image for news Warner Bros. Discovery, Inc. (WBD) MofafettNathanson 2025 Media, Internet & Communications Conference (Transcript)
Warner Bros Discovery to rebrand Max as HBO Max, reversing controversial move
WBD
Published: May 14, 2025 by: Proactive Investors
Sentiment: Positive

Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) said on Wednesday it will reintroduce the “HBO” brand to its flagship streaming service, renaming Max to HBO Max this summer, in a reversal of a much-criticized rebrand that had left both consumers and industry observers puzzled. The announcement came during the company's annual Upfront presentation in New York, where executives highlighted the strength of WBD's streaming turnaround, citing $3 billion in improved profitability over two years and 22 million new subscribers in the past year.

Read More
image for news Warner Bros Discovery to rebrand Max as HBO Max, reversing controversial move
Warner Bros. Discovery revives HBO Max branding in bid for more subscribers
WBD
Published: May 14, 2025 by: New York Post
Sentiment: Positive

Warner's decision to drop HBO from HBO Max in 2023 followed its move to merge its HBO dramas and Warner Bros' content across top franchises like "Harry Potter" and DC's "Batman" with the content library from Discovery.

Read More
image for news Warner Bros. Discovery revives HBO Max branding in bid for more subscribers
Warner Bros Discovery revives HBO Max branding for global push
WBD
Published: May 14, 2025 by: Reuters
Sentiment: Neutral

Warner Bros Discovery is hitting rewind on Max's branding, bringing back the HBO name it dropped from the streaming service two years ago.

Read More
image for news Warner Bros Discovery revives HBO Max branding for global push
WBD is renaming streamer Max as HBO Max, again
WBD
Published: May 14, 2025 by: CNBC
Sentiment: Neutral

Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago.

Read More
image for news WBD is renaming streamer Max as HBO Max, again
Warner Bros. Discovery, Inc. (WBD) is Attracting Investor Attention: Here is What You Should Know
WBD
Published: May 13, 2025 by: Zacks Investment Research
Sentiment: Neutral

Warner Bros. Discovery (WBD) has been one of the stocks most watched by Zacks.com users lately.

Read More
image for news Warner Bros. Discovery, Inc. (WBD) is Attracting Investor Attention: Here is What You Should Know

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.